Saba Capital adds to Gabelli Healthcare (NYSE: GRX) stake
Rhea-AI Filing Summary
Gabelli Healthcare & WellnessRx Trust (GRX) reported that Saba Capital Management, L.P., a ten percent owner, purchased 7,087 shares of Common Stock in an open-market or private transaction on 2026-08-21 at $10.13 per share. After this transaction, Saba Capital Management, L.P. indirectly holds 2,150,793 shares of GRX Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,087 shares
Net Buy
1 txn
Insider
Saba Capital Management, L.P.
Role
10% Owner
Bought
7,087 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,087 | $10.13 | $72K |
Holdings After Transaction:
Common Stock — 2,150,793 shares (Indirect, -)
Key Figures
Shares purchased: 7,087 shares of Common Stock
Purchase price per share: $10.13 per share
Shares owned after transaction: 2,150,793 shares of Common Stock
+2 more
5 metrics
Shares purchased
7,087 shares of Common Stock
Open-market or private purchase on 2026-08-21
Purchase price per share
$10.13 per share
Price reported for 7,087-share purchase on 2026-08-21
Shares owned after transaction
2,150,793 shares of Common Stock
Indirect holdings of Saba Capital Management, L.P. following the purchase
Form type
Form 4
Statement of changes in beneficial ownership filed for GRX
Insider status
Ten percent owner
Status of Saba Capital Management, L.P. with respect to GRX
Key Terms
ten percent owner, indirect ownership, Common Stock, open market or private transaction
4 terms
ten percent owner regulatory
"Saba Capital Management, L.P. is reported as a ten percent owner"
indirect ownership regulatory
"The transaction is reported with ownership type indirect (code I)"
Common Stock financial
"The transaction involves 7,087 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction regulatory
"Transaction code P denotes a purchase in open market or private transaction"
FAQ
What insider transaction did Saba Capital report for GRX?
Saba Capital Management, L.P. reported a purchase of 7,087 GRX Common Stock shares on 2026-08-21 at $10.13 per share, increasing its indirect holdings to 2,150,793 shares.
Is Saba Capital a major holder of Gabelli Healthcare & WellnessRx Trust (GRX)?
Yes. Saba Capital Management, L.P. is identified as a ten percent owner of Gabelli Healthcare & WellnessRx Trust (GRX) in this Form 4 filing.
Was the GRX transaction by Saba Capital a buy or a sell?
The Form 4 shows a purchase of Gabelli Healthcare & WellnessRx Trust (GRX) Common Stock by Saba Capital Management, L.P., coded as a “P” transaction, indicating a buy in an open-market or private transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.