abrdn Healthcare Investors
122 hedge funds and large institutions have $220M invested in abrdn Healthcare Investors in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 50 increasing their positions, 38 reducing their positions, and 13 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
2% less funds holding
Funds holding: 124 → 122 (-2)
5.21% less ownership
Funds ownership: 32.19% → 26.97% (-5.2%)
15% less capital invested
Capital invested by funds: $258M → $220M (-$38.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$19.3M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$8.62M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$2M |
| 4 |
QL
Quarry LP
New York
|
+$1.97M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$50M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$11.1M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$4.93M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.89M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$3.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LNWWM
126
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$301K | -18,171 | Closed |
|
|
FIA
127
Foundations Investment Advisors
Phoenix,
Arizona
| – | -$303K | -17,470 | Closed |
|
|
FSI
128
Flow State Investments
Chicago,
Illinois
| – | -$254K | -15,319 | Closed |
|
|
SFS
129
Shaker Financial Services
Arlington,
Virginia
| – | -$222K | -13,050 | Closed |
|
130
Stifel Financial
St. Louis,
Missouri
| – | -$200K | -12,071 | Closed |
|
|
EC
131
Elequin Capital
New York
| – | -$199K | -11,999 | Closed |
|
|
ASN
132
Advisory Services Network
Atlanta,
Georgia
| – | -$57.9K | -3,496 | Closed |
|
|
TWM
133
Tradition Wealth Management
Edina,
Minnesota
| – | -$16K | -957 | Closed |
|
|
AWM
134
Able Wealth Management
Toms River,
New Jersey
| – | -$72 | -4 | Closed |
|
135
Fidelity Investments
Boston,
Massachusetts
| – | -$17 | -1 | Closed |
|
HQH Hedge Fund Activity: Q1 2024 in Review
122 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Investors (HQH) for Q1 2024, worth a combined $220M — down 15% from $258M a quarter earlier.
Fund positioning in HQH was balanced in Q1 2024: 13 funds opened new positions, 13 closed out, 50 added to existing stakes and 38 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $19.3M. The largest seller was Morgan Stanley, cutting an estimated $50M.
- 122 institutional investors held abrdn Healthcare Investors (HQH) as of Q1 2024, down from 124 in Q4 2023.
- Funds reported $220M of abrdn Healthcare Investors stock for Q1 2024, down 15% quarter-over-quarter.
- 13 funds opened new abrdn Healthcare Investors positions in Q1 2024 and 13 closed out, a net change of 0 holders.
- The largest abrdn Healthcare Investors buyer in Q1 2024 was Saba Capital Management, an estimated $19.3M added.
- The largest abrdn Healthcare Investors seller in Q1 2024 was Morgan Stanley, an estimated $50M sold.
Based on aggregated 13F filings for Q1 2024.