abrdn Healthcare Opportunities Fund
THQ
90 hedge funds and large institutions have $159M invested in abrdn Healthcare Opportunities Fund in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 27 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
15% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 27
6% more funds holding
Funds holding: 85 → 90 (+5)
0.28% less ownership
Funds ownership: 20.84% → 20.56% (-0.28%)
6% less capital invested
Capital invested by funds: $170M → $159M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.04M |
| 2 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$2.67M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.2M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$880K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.17M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.45M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.12M |
| 4 |
Morgan Stanley
New York
|
-$1.03M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$871K |
THQ Hedge Fund Activity: Q1 2023 in Review
90 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q1 2023, worth a combined $159M — down 5.9% from $170M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new THQ positions and 9 closed out — a net gain of 6 holders — while 31 added to existing stakes and 27 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $3.04M. The largest seller was LPL Financial, cutting an estimated $5.17M.
- 90 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q1 2023, up from 85 in Q4 2022.
- Funds reported $159M of abrdn Healthcare Opportunities Fund stock for Q1 2023, down 5.9% quarter-over-quarter.
- 15 funds opened new abrdn Healthcare Opportunities Fund positions in Q1 2023 and 9 closed out, a net change of +6 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q1 2023 was 1607 Capital Partners, an estimated $3.04M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q1 2023 was LPL Financial, an estimated $5.17M sold.
Based on aggregated 13F filings for Q1 2023.