abrdn Healthcare Opportunities Fund
THQ
79 hedge funds and large institutions have $118M invested in abrdn Healthcare Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
20% more funds holding
Funds holding: 66 → 79 (+13)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
2.04% less ownership
Funds ownership: 20.65% → 18.61% (-2%)
27% less capital invested
Capital invested by funds: $163M → $118M (-$44.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.88M |
| 2 |
Morgan Stanley
New York
|
+$1.21M |
| 3 |
Goldman Sachs
New York
|
+$1.12M |
| 4 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$886K |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$564K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$15.4M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.42M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.45M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$892K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$816K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
76
Sugarloaf Wealth Management
Duluth,
Georgia
| $2K | +$35 | +2 | +2% |
|
77
JP Morgan Chase
New York
| $2K | +$2.27K | +129 | New |
|
|
TI
78
tru Independence
Portland,
Oregon
| $65 | – | – | – |
|
|
RJFSA
79
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$15.4M | -805,368 | Closed |
|
|
CA
80
Cornerstone Advisors
Asheville,
North Carolina
| – | -$3.42M | -179,367 | Closed |
|
81
Millennium Management
New York
| – | -$639K | -33,498 | Closed |
|
|
BW
82
Bison Wealth
Atlanta,
Georgia
| – | -$210K | -11,000 | Closed |
|
83
Citadel Advisors
Miami,
Florida
| – | -$191K | -10,037 | Closed |
|
|
RMAM
84
Raab & Moskowitz Asset Management
Chatham,
New Jersey
| – | -$85K | -4,500 | Closed |
|
|
FIA
85
FNY Investment Advisers
New York
| – | -$77K | -4,074 | Closed |
|
|
TA
86
TFG Advisers
Auburn Hills,
Michigan
| – | -$25K | -1,345 | Closed |
|
THQ Hedge Fund Activity: Q1 2020 in Review
79 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q1 2020, worth a combined $118M — down 27% from $163M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new THQ positions and 8 closed out — a net gain of 15 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.88M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $15.4M sold.
- 79 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q1 2020, up from 66 in Q4 2019.
- Funds reported $118M of abrdn Healthcare Opportunities Fund stock for Q1 2020, down 27% quarter-over-quarter.
- 23 funds opened new abrdn Healthcare Opportunities Fund positions in Q1 2020 and 8 closed out, a net change of +15 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q1 2020 was Wolverine Asset Management, an estimated $1.88M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $15.4M sold.
Based on aggregated 13F filings for Q1 2020.