abrdn Healthcare Opportunities Fund
THQ
59 hedge funds and large institutions have $149M invested in abrdn Healthcare Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 14 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.05% less ownership
Funds ownership: 20.27% → 20.22% (-0.05%)
11% less capital invested
Capital invested by funds: $167M → $149M (-$17.9M)
13% less funds holding
Funds holding: 68 → 59 (-9)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.59M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.72M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.57M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.02M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$984K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.72M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.47M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.41M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$931K |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$927K |
THQ Hedge Fund Activity: Q4 2018 in Review
59 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q4 2018, worth a combined $149M — down 11% from $167M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of THQ and 6 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 25 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.59M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $2.72M sold.
- 59 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q4 2018, down from 68 in Q3 2018.
- Funds reported $149M of abrdn Healthcare Opportunities Fund stock for Q4 2018, down 11% quarter-over-quarter.
- 6 funds opened new abrdn Healthcare Opportunities Fund positions in Q4 2018 and 14 closed out, a net change of -8 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q4 2018 was Karpus Investment Management, an estimated $2.59M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q4 2018 was Cornerstone Advisors, an estimated $2.72M sold.
Based on aggregated 13F filings for Q4 2018.