abrdn Healthcare Opportunities Fund
THQ
95 hedge funds and large institutions have $189M invested in abrdn Healthcare Opportunities Fund in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 17 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
2% less capital invested
Capital invested by funds: $193M → $189M (-$3.71M)
2.97% less ownership
Funds ownership: 25.75% → 22.79% (-3%)
3% less funds holding
Funds holding: 98 → 95 (-3)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.24M |
| 2 |
PI
PFG Investments
Woodbury,
New York
|
+$1.22M |
| 3 |
Morgan Stanley
New York
|
+$1.01M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$909K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$11.1M |
| 2 |
SCM
Saba Capital Management
New York
|
-$8.94M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.95M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.92M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.64M |
THQ Hedge Fund Activity: Q1 2024 in Review
95 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q1 2024, worth a combined $189M — down 1.9% from $193M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of THQ and 15 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 35 added.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $1.24M. The largest seller was Cornerstone Advisors, cutting an estimated $11.1M.
- 95 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q1 2024, down from 98 in Q4 2023.
- Funds reported $189M of abrdn Healthcare Opportunities Fund stock for Q1 2024, down 1.9% quarter-over-quarter.
- 15 funds opened new abrdn Healthcare Opportunities Fund positions in Q1 2024 and 17 closed out, a net change of -2 holders.
- The largest abrdn Healthcare Opportunities Fund buyer in Q1 2024 was Cetera Advisors, an estimated $1.24M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q1 2024 was Cornerstone Advisors, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2024.