abrdn Healthcare Opportunities Fund
THQ
63 hedge funds and large institutions have $152M invested in abrdn Healthcare Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
7% more funds holding
Funds holding: 59 → 63 (+4)
0.59% more ownership
Funds ownership: 20.22% → 20.8% (+0.59%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
34% less capital inflows, than outflows
Capital inflows: $8.4M | Capital outflows: $12.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$5.17M |
| 2 |
Millennium Management
New York
|
+$352K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$328K |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
+$322K |
| 5 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$301K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.27M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.53M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$902K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$397K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$394K |
THQ Hedge Fund Activity: Q1 2019 in Review
63 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q1 2019, worth a combined $152M — up 2% from $149M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new THQ positions and 5 closed out — a net gain of 4 holders — while 20 added to existing stakes and 25 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $5.17M. The largest seller was Morgan Stanley, cutting an estimated $6.27M.
- 63 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q1 2019, up from 59 in Q4 2018.
- Funds reported $152M of abrdn Healthcare Opportunities Fund stock for Q1 2019, up 2% quarter-over-quarter.
- 9 funds opened new abrdn Healthcare Opportunities Fund positions in Q1 2019 and 5 closed out, a net change of +4 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q1 2019 was Cornerstone Advisors, an estimated $5.17M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q1 2019 was Morgan Stanley, an estimated $6.27M sold.
Based on aggregated 13F filings for Q1 2019.