abrdn Life Sciences Investors
HQL
78 hedge funds and large institutions have $71.9M invested in abrdn Life Sciences Investors in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 20 reducing their positions, and 9 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 20
0.01% more ownership
Funds ownership: 20.75% → 20.76% (+0.01%)
3% less capital invested
Capital invested by funds: $73.9M → $71.9M (-$2.07M)
3% less funds holding
Funds holding: 80 → 78 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.24M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.06M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$897K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$782K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$572K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.27M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.22M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$784K |
| 4 |
Millennium Management
New York
|
-$702K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$403K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $237 | – | – | – |
|
|
JWA
77
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $42 | – | – | – |
|
78
Fidelity Investments
Boston,
Massachusetts
| $14 | +$14 | +1 | New |
|
|
79
Millennium Management
New York
| – | -$702K | -49,394 | Closed |
|
|
WAM
80
Weiss Asset Management
Boston,
Massachusetts
| – | -$403K | -28,350 | Closed |
|
81
First Trust Advisors
Wheaton,
Illinois
| – | -$242K | -17,060 | Closed |
|
|
EP
82
Eudaimonia Partners
Winchester,
Tennessee
| – | -$196K | -13,790 | Closed |
|
|
MCC
83
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$160K | -11,245 | Closed |
|
|
TNA
84
True North Advisors
Dallas,
Texas
| – | -$143K | -10,075 | Closed |
|
|
IA
85
IFP Advisors
Tampa,
Florida
| – | -$41K | -2,240 | Closed |
|
|
SSB
86
Sandy Spring Bank
Olney,
Maryland
| – | -$15.6K | -1,099 | Closed |
|
|
WOSD
87
WFA of San Diego
San Diego,
California
| – | -$4.26K | -300 | Closed |
|
88
JP Morgan Chase
New York
| – | +$14 | +1 | +100% |
|
HQL Hedge Fund Activity: Q1 2023 in Review
78 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in abrdn Life Sciences Investors (HQL) for Q1 2023, worth a combined $71.9M — down 2.8% from $73.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HQL and 8 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 32 added.
The largest buyer was Morgan Stanley, adding an estimated $1.24M. The largest seller was Wells Fargo, cutting an estimated $2.27M.
- 78 institutional investors held abrdn Life Sciences Investors (HQL) as of Q1 2023, down from 80 in Q4 2022.
- Funds reported $71.9M of abrdn Life Sciences Investors stock for Q1 2023, down 2.8% quarter-over-quarter.
- 8 funds opened new abrdn Life Sciences Investors positions in Q1 2023 and 9 closed out, a net change of -1 holder.
- The largest abrdn Life Sciences Investors buyer in Q1 2023 was Morgan Stanley, an estimated $1.24M added.
- The largest abrdn Life Sciences Investors seller in Q1 2023 was Wells Fargo, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2023.