abrdn Healthcare Opportunities Fund
THQ
51 hedge funds and large institutions have $101M invested in abrdn Healthcare Opportunities Fund in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
9% more funds holding
Funds holding: 47 → 51 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.17% less ownership
Funds ownership: 14.96% → 14.79% (-0.17%)
12% less capital invested
Capital invested by funds: $115M → $101M (-$13.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.96M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.75M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.17M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$996K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$677K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$9.15M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.07M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$344K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$225K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$154K |
THQ Hedge Fund Activity: Q4 2016 in Review
51 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q4 2016, worth a combined $101M — down 12% from $115M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new THQ positions and 6 closed out — a net gain of 5 holders — while 22 added to existing stakes and 11 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.96M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $9.15M sold.
- 51 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q4 2016, up from 47 in Q3 2016.
- Funds reported $101M of abrdn Healthcare Opportunities Fund stock for Q4 2016, down 12% quarter-over-quarter.
- 11 funds opened new abrdn Healthcare Opportunities Fund positions in Q4 2016 and 6 closed out, a net change of +5 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $2.96M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q4 2016 was 1832 Asset Management, an estimated $9.15M sold.
Based on aggregated 13F filings for Q4 2016.