Gabelli Healthcare & Wellness Trust
GRX
63 hedge funds and large institutions have $52.6M invested in Gabelli Healthcare & Wellness Trust in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
3% more funds holding
Funds holding: 61 → 63 (+2)
2% less ownership
Funds ownership: 28.87% → 26.86% (-2%)
13% less capital invested
Capital invested by funds: $60.1M → $52.6M (-$7.53M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Bennicas & Associates
Portola Valley,
California
|
+$1.44M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.05M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$401K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$267K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$92.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.4M |
| 2 |
Morgan Stanley
New York
|
-$1.42M |
| 3 |
Cohen & Steers
New York
|
-$1.01M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$613K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$343K |
GRX Hedge Fund Activity: Q2 2019 in Review
63 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q2 2019, worth a combined $52.6M — down 13% from $60.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GRX positions and 7 closed out — a net gain of 5 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Bennicas & Associates, opening a new position worth an estimated $1.44M. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $2.4M sold.
- 63 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q2 2019, up from 61 in Q1 2019.
- Funds reported $52.6M of Gabelli Healthcare & Wellness Trust stock for Q2 2019, down 13% quarter-over-quarter.
- 12 funds opened new Gabelli Healthcare & Wellness Trust positions in Q2 2019 and 7 closed out, a net change of +5 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q2 2019 was Bennicas & Associates, an estimated $1.44M added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q2 2019 was Thomas J. Herzfeld Advisors, an estimated $2.4M sold.
Based on aggregated 13F filings for Q2 2019.