abrdn Healthcare Opportunities Fund
THQ
94 hedge funds and large institutions have $189M invested in abrdn Healthcare Opportunities Fund in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 17 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
3% less funds holding
Funds holding: 97 → 94 (-3)
6.46% less ownership
Funds ownership: 29.22% → 22.76% (-6.5%)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
14% less capital invested
Capital invested by funds: $219M → $189M (-$29.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.24M |
| 2 |
PI
PFG Investments
Woodbury,
New York
|
+$1.22M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$909K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$489K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$459K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$26.8M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$11.1M |
| 3 |
SCM
Saba Capital Management
New York
|
-$8.94M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.95M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JF
101
Jump Financial
Chicago,
Illinois
| – | -$202K | -11,177 | Closed |
|
|
ASN
102
Advisory Services Network
Atlanta,
Georgia
| – | -$144K | -7,945 | Closed |
|
|
EC
103
Elequin Capital
New York
| – | -$80.7K | -4,457 | Closed |
|
|
MSWM
104
McGlone Suttner Wealth Management
Appleton,
Wisconsin
| – | -$42.1K | -2,323 | Closed |
|
|
BWP
105
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$36.2K | -2,000 | Closed |
|
|
LFA
106
Level Financial Advisors
East Amherst,
New York
| – | -$18.1K | -1,000 | Closed |
|
|
BBPWM
107
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$13.2K | -685 | Closed |
|
|
DAM
108
Delta Asset Management
Memphis,
Tennessee
| – | -$12.2K | -675 | Closed |
|
|
LFG
109
Larson Financial Group
St Louis,
Missouri
| – | -$6.34K | -350 | Closed |
|
110
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4K | -211 | Closed |
|
|
MFT
111
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | -$73 | -4 | Closed |
|
THQ Hedge Fund Activity: Q1 2024 in Review
94 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q1 2024, worth a combined $189M — down 14% from $219M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of THQ and 15 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 34 added.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $1.24M. The largest seller was Morgan Stanley, cutting an estimated $26.8M.
- 94 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q1 2024, down from 97 in Q4 2023.
- Funds reported $189M of abrdn Healthcare Opportunities Fund stock for Q1 2024, down 14% quarter-over-quarter.
- 15 funds opened new abrdn Healthcare Opportunities Fund positions in Q1 2024 and 17 closed out, a net change of -2 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q1 2024 was Cetera Advisors, an estimated $1.24M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q1 2024 was Morgan Stanley, an estimated $26.8M sold.
Based on aggregated 13F filings for Q1 2024.