Gabelli Healthcare & Wellness Trust
GRX
69 hedge funds and large institutions have $41.1M invested in Gabelli Healthcare & Wellness Trust in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
3% more funds holding
Funds holding: 67 → 69 (+2)
0.56% less ownership
Funds ownership: 24.28% → 23.72% (-0.56%)
4% less capital invested
Capital invested by funds: $42.8M → $41.1M (-$1.76M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.64M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.02M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$912K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$644K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.17M |
| 2 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$631K |
| 3 |
Lazard Asset Management
New York
|
-$556K |
| 4 |
Morgan Stanley
New York
|
-$405K |
| 5 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$233K |
GRX Hedge Fund Activity: Q1 2023 in Review
69 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q1 2023, worth a combined $41.1M — down 4.1% from $42.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GRX positions and 4 closed out — a net gain of 5 holders — while 22 added to existing stakes and 20 trimmed.
The largest buyer was Beacon Pointe Advisors, opening a new position worth an estimated $1.64M. The largest seller was Royal Bank of Canada, cutting an estimated $2.17M.
- 69 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q1 2023, up from 67 in Q4 2022.
- Funds reported $41.1M of Gabelli Healthcare & Wellness Trust stock for Q1 2023, down 4.1% quarter-over-quarter.
- 9 funds opened new Gabelli Healthcare & Wellness Trust positions in Q1 2023 and 4 closed out, a net change of +5 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q1 2023 was Beacon Pointe Advisors, an estimated $1.64M added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q1 2023 was Royal Bank of Canada, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2023.