abrdn Healthcare Opportunities Fund
THQ
52 hedge funds and large institutions have $110M invested in abrdn Healthcare Opportunities Fund in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
11% more funds holding
Funds holding: 47 → 52 (+5)
1.02% more ownership
Funds ownership: 14.96% → 15.98% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $115M → $110M (-$4.59M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.96M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.75M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.17M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$996K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$677K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.07M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$344K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$225K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$154K |
| 5 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | -$154K | -9,495 | -97% |
|
|
TDC
52
Thompson Davis & Co
Richmond,
Virginia
| $4K | – | – | – |
|
|
VNA
53
Valley National Advisers
Bethlehem,
Pennsylvania
| $4K | +$4.13K | +255 | New |
|
|
FANJ
54
Financial Architects (New Jersey)
Marlton,
New Jersey
| $3K | – | – | – |
|
|
FAAS
55
First Allied Advisory Services
San Diego,
California
| – | -$225K | -12,894 | Closed |
|
|
JFA
56
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$131K | -7,500 | Closed |
|
|
S
57
SignatureFD
Atlanta,
Georgia
| – | -$131K | -7,500 | Closed |
|
|
TFA
58
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$18K | -1,000 | Closed |
|
59
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$15K | -855 | Closed |
|
THQ Hedge Fund Activity: Q4 2016 in Review
52 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q4 2016, worth a combined $110M — down 4% from $115M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new THQ positions and 5 closed out — a net gain of 6 holders — while 22 added to existing stakes and 11 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.96M. The largest seller was Karpus Investment Management, cutting an estimated $3.07M.
- 52 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q4 2016, up from 47 in Q3 2016.
- Funds reported $110M of abrdn Healthcare Opportunities Fund stock for Q4 2016, down 4% quarter-over-quarter.
- 11 funds opened new abrdn Healthcare Opportunities Fund positions in Q4 2016 and 5 closed out, a net change of +6 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $2.96M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q4 2016 was Karpus Investment Management, an estimated $3.07M sold.
Based on aggregated 13F filings for Q4 2016.