abrdn Healthcare Opportunities Fund
THQ
51 hedge funds and large institutions have $117M invested in abrdn Healthcare Opportunities Fund in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 10 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
7% more capital invested
Capital invested by funds: $110M → $117M (+$7.23M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.66% less ownership
Funds ownership: 15.98% → 15.32% (-0.66%)
2% less funds holding
Funds holding: 52 → 51 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.38M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.16M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.95M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.15M |
| 5 |
Cohen & Steers
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$8.94M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.85M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$1.82M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$953K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$907K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
51
Liberty Capital Management
Birmingham,
Michigan
| $4K | +$4.26K | +250 | New |
|
|
FANJ
52
Financial Architects (New Jersey)
Marlton,
New Jersey
| $3K | – | – | – |
|
53
SEI Investments
Oaks,
Pennsylvania
| $3K | +$3.41K | +200 | New |
|
|
54
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$8.94M | -523,269 | Closed |
|
|
DA
55
Doliver Advisors
Houston,
Texas
| – | -$953K | -61,425 | Closed |
|
56
LPL Financial
San Diego,
California
| – | -$561K | -34,926 | Closed |
|
|
WAM
57
Weiss Asset Management
Boston,
Massachusetts
| – | -$269K | -17,326 | Closed |
|
|
PAG
58
Private Advisor Group
Morristown,
New Jersey
| – | -$220K | -13,071 | Closed |
|
|
TSS
59
Two Sigma Securities
New York
| – | -$181K | -11,663 | Closed |
|
|
NFG
60
Next Financial Group
Houston,
Texas
| – | -$28K | -1,800 | Closed |
|
|
TCOV
61
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$24K | -1,530 | Closed |
|
62
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5K | -340 | Closed |
|
|
VNA
63
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$4K | -255 | Closed |
|
THQ Hedge Fund Activity: Q1 2017 in Review
51 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q1 2017, worth a combined $117M — up 6.6% from $110M a quarter earlier.
Fund positioning in THQ was balanced in Q1 2017: 10 funds opened new positions, 10 closed out, 19 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.38M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $8.94M sold.
- 51 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q1 2017, down from 52 in Q4 2016.
- Funds reported $117M of abrdn Healthcare Opportunities Fund stock for Q1 2017, up 6.6% quarter-over-quarter.
- 10 funds opened new abrdn Healthcare Opportunities Fund positions in Q1 2017 and 10 closed out, a net change of 0 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q1 2017 was Morgan Stanley, an estimated $2.38M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q1 2017 was 1832 Asset Management, an estimated $8.94M sold.
Based on aggregated 13F filings for Q1 2017.