abrdn Healthcare Investors
74 hedge funds and large institutions have $212M invested in abrdn Healthcare Investors in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 17 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 17
5% less funds holding
Funds holding: 78 → 74 (-4)
7.38% less ownership
Funds ownership: 34.38% → 26.99% (-7.4%)
15% less capital invested
Capital invested by funds: $249M → $212M (-$37.3M)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.4M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.29M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.13M |
| 4 |
JP Morgan Chase
New York
|
+$950K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$883K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$24.5M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$15.4M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$11.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.74M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
76
TFS Capital
West Chester,
Pennsylvania
| – | -$1.6M | -61,981 | Closed |
|
|
COLIM
77
City of London Investment Management
London,
United Kingdom
| – | -$1.13M | -43,619 | Closed |
|
|
KIM
78
Karpus Investment Management
Pittsford,
New York
| – | -$1.05M | -40,569 | Closed |
|
|
JG
79
Jefferies Group
New York
| – | -$994K | -38,563 | Closed |
|
|
CS
80
Credit Suisse
Zurich,
Switzerland
| – | -$418K | -16,210 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$134K | -5,180 | Closed |
|
|
NSIM
82
North Star Investment Management
Chicago,
Illinois
| – | -$49K | -1,905 | Closed |
|
|
NHFG
83
New Harbor Financial Group
Worcester,
Massachusetts
| – | -$34K | -1,329 | Closed |
|
84
Envestnet Asset Management
Chicago,
Illinois
| – | -$2K | -61 | Closed |
|
|
BRWA
85
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$1.05K | -41 | Closed |
|
86
Bessemer Group
Woodbridge,
New Jersey
| – | -$379 | -14 | -52% |
|
|
NFG
87
Next Financial Group
Houston,
Texas
| – | +$244 | +9 | +450% |
|
HQH Hedge Fund Activity: Q3 2014 in Review
74 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Investors (HQH) for Q3 2014, worth a combined $212M — down 15% from $249M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of HQH and 13 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 34 added.
The largest buyer was Morgan Stanley, adding an estimated $12.4M. The largest seller was Goldman Sachs, cutting an estimated $24.5M.
- 74 institutional investors held abrdn Healthcare Investors (HQH) as of Q3 2014, down from 78 in Q2 2014.
- Funds reported $212M of abrdn Healthcare Investors stock for Q3 2014, down 15% quarter-over-quarter.
- 13 funds opened new abrdn Healthcare Investors positions in Q3 2014 and 17 closed out, a net change of -4 holders.
- The largest abrdn Healthcare Investors buyer in Q3 2014 was Morgan Stanley, an estimated $12.4M added.
- The largest abrdn Healthcare Investors seller in Q3 2014 was Goldman Sachs, an estimated $24.5M sold.
Based on aggregated 13F filings for Q3 2014.