abrdn Healthcare Opportunities Fund
THQ
97 hedge funds and large institutions have $219M invested in abrdn Healthcare Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 35 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
41% more capital invested
Capital invested by funds: $156M → $219M (+$63.2M)
8% more funds holding
Funds holding: 90 → 97 (+7)
7.06% more ownership
Funds ownership: 22.16% → 29.22% (+7.1%)
9% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$22M |
| 2 |
SCM
Saba Capital Management
New York
|
+$8.35M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$8.22M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.46M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.13M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$855K |
| 3 |
EC
Elequin Capital
New York
|
-$664K |
| 4 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$629K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$467K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAL
101
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$42K | -2,500 | Closed |
|
|
CTC
102
Central Trust Company
Jefferson City,
Missouri
| – | -$42.5K | -2,500 | Closed |
|
|
KHC
103
Koesten Hirschmann & Crabtree
Overland Park,
Kansas
| – | -$8.49K | -500 | Closed |
|
104
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6.3K | -371 | Closed |
|
|
CSPIA
105
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$934 | -55 | Closed |
|
|
TRCT
106
Tower Research Capital (TRC)
New York
| – | -$764 | -45 | Closed |
|
THQ Hedge Fund Activity: Q4 2023 in Review
97 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q4 2023, worth a combined $219M — up 41% from $156M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new THQ positions and 9 closed out — a net gain of 7 holders — while 32 added to existing stakes and 35 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $22M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.13M.
- 97 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q4 2023, up from 90 in Q3 2023.
- Funds reported $219M of abrdn Healthcare Opportunities Fund stock for Q4 2023, up 41% quarter-over-quarter.
- 16 funds opened new abrdn Healthcare Opportunities Fund positions in Q4 2023 and 9 closed out, a net change of +7 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q4 2023 was Morgan Stanley, an estimated $22M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q4 2023 was Raymond James Financial Services Advisors, an estimated $2.13M sold.
Based on aggregated 13F filings for Q4 2023.