Gabelli Healthcare & Wellness Trust
GRX
69 hedge funds and large institutions have $65M invested in Gabelli Healthcare & Wellness Trust in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 14 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
3% more capital invested
Capital invested by funds: $63.2M → $65M (+$1.78M)
0.41% less ownership
Funds ownership: 29.14% → 28.74% (-0.41%)
7% less funds holding
Funds holding: 74 → 69 (-5)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$785K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$523K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$349K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$291K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.05M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$393K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$373K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$358K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$264K |
GRX Hedge Fund Activity: Q1 2021 in Review
69 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q1 2021, worth a combined $65M — up 2.8% from $63.2M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GRX and 9 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 19 added.
The largest buyer was Wells Fargo, adding an estimated $785K. The largest seller was Karpus Investment Management, cutting an estimated $2.05M.
- 69 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q1 2021, down from 74 in Q4 2020.
- Funds reported $65M of Gabelli Healthcare & Wellness Trust stock for Q1 2021, up 2.8% quarter-over-quarter.
- 9 funds opened new Gabelli Healthcare & Wellness Trust positions in Q1 2021 and 14 closed out, a net change of -5 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q1 2021 was Wells Fargo, an estimated $785K added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q1 2021 was Karpus Investment Management, an estimated $2.05M sold.
Based on aggregated 13F filings for Q1 2021.