abrdn Healthcare Opportunities Fund
THQ
98 hedge funds and large institutions have $193M invested in abrdn Healthcare Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 37 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
24% more capital invested
Capital invested by funds: $156M → $193M (+$37M)
8% more funds holding
Funds holding: 91 → 98 (+7)
3.56% more ownership
Funds ownership: 22.2% → 25.75% (+3.6%)
16% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$8.35M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$8.22M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.46M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.26M |
| 5 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.52M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.13M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$855K |
| 4 |
EC
Elequin Capital
New York
|
-$664K |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$629K |
THQ Hedge Fund Activity: Q4 2023 in Review
98 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q4 2023, worth a combined $193M — up 24% from $156M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new THQ positions and 9 closed out — a net gain of 7 holders — while 31 added to existing stakes and 37 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $8.35M. The largest seller was Morgan Stanley, cutting an estimated $2.52M.
- 98 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q4 2023, up from 91 in Q3 2023.
- Funds reported $193M of abrdn Healthcare Opportunities Fund stock for Q4 2023, up 24% quarter-over-quarter.
- 16 funds opened new abrdn Healthcare Opportunities Fund positions in Q4 2023 and 9 closed out, a net change of +7 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q4 2023 was Saba Capital Management, an estimated $8.35M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q4 2023 was Morgan Stanley, an estimated $2.52M sold.
Based on aggregated 13F filings for Q4 2023.