abrdn Healthcare Opportunities Fund
THQ
50 hedge funds and large institutions have $131M invested in abrdn Healthcare Opportunities Fund in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 7 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
12% more capital invested
Capital invested by funds: $117M → $131M (+$13.5M)
0.89% more ownership
Funds ownership: 15.32% → 16.21% (+0.89%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 51 → 50 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.55M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.34M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.03M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$624K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$601K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.22M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$418K |
| 3 |
Millennium Management
New York
|
-$290K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$229K |
| 5 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
51
Thompson Davis & Co
Richmond,
Virginia
| $5K | – | – | – |
|
|
FANJ
52
Financial Architects (New Jersey)
Marlton,
New Jersey
| $4K | – | – | – |
|
|
LCM
53
Landscape Capital Management
Englewood,
New Jersey
| – | -$418K | -26,763 | Closed |
|
|
54
Millennium Management
New York
| – | -$290K | -16,669 | Closed |
|
|
55
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$229K | -13,153 | Closed |
|
|
FAM
56
Formidable Asset Management
Cincinnati,
Ohio
| – | -$207K | -11,900 | Closed |
|
|
GI
57
Gradient Investments
Arden Hills,
Minnesota
| – | -$35K | -2,000 | Closed |
|
|
WA
58
WFG Advisors
Dallas,
Texas
| – | -$17K | -1,000 | Closed |
|
59
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -200 | Closed |
|
THQ Hedge Fund Activity: Q2 2017 in Review
50 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q2 2017, worth a combined $131M — up 12% from $117M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of THQ and 6 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 23 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.55M. The largest seller was Advisors Asset Management, cutting an estimated $1.22M.
- 50 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q2 2017, down from 51 in Q1 2017.
- Funds reported $131M of abrdn Healthcare Opportunities Fund stock for Q2 2017, up 12% quarter-over-quarter.
- 6 funds opened new abrdn Healthcare Opportunities Fund positions in Q2 2017 and 7 closed out, a net change of -1 holder.
- The largest abrdn Healthcare Opportunities Fund buyer in Q2 2017 was Royal Bank of Canada, an estimated $2.55M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q2 2017 was Advisors Asset Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q2 2017.