abrdn Healthcare Opportunities Fund
THQ
50 hedge funds and large institutions have $103M invested in abrdn Healthcare Opportunities Fund in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
22% more funds holding
Funds holding: 41 → 50 (+9)
3% more capital invested
Capital invested by funds: $99.8M → $103M (+$3.29M)
0.63% more ownership
Funds ownership: 13.5% → 14.12% (+0.63%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.54M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.54M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.3M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.08M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$879K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.38M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.27M |
| 3 |
Citigroup
New York
|
-$1.16M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$787K |
| 5 |
AIG
American International Group
New York
|
-$546K |
THQ Hedge Fund Activity: Q2 2016 in Review
50 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q2 2016, worth a combined $103M — up 3.3% from $99.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new THQ positions and 5 closed out — a net gain of 9 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Newgate Capital Management, opening a new position worth an estimated $1.54M. The largest seller was LPL Financial, cutting an estimated $1.38M.
- 50 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q2 2016, up from 41 in Q1 2016.
- Funds reported $103M of abrdn Healthcare Opportunities Fund stock for Q2 2016, up 3.3% quarter-over-quarter.
- 14 funds opened new abrdn Healthcare Opportunities Fund positions in Q2 2016 and 5 closed out, a net change of +9 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q2 2016 was Newgate Capital Management, an estimated $1.54M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q2 2016 was LPL Financial, an estimated $1.38M sold.
Based on aggregated 13F filings for Q2 2016.