abrdn World Healthcare Fund
THW
25 hedge funds and large institutions have $37.6M invested in abrdn World Healthcare Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 9 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.45% less ownership
Funds ownership: 9.66% → 9.21% (-0.45%)
4% less capital invested
Capital invested by funds: $39.3M → $37.6M (-$1.66M)
14% less funds holding
Funds holding: 29 → 25 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$3.72M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.59M |
| 3 |
Morgan Stanley
New York
|
+$889K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$467K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$3.14M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$2.42M |
| 3 |
Lazard Asset Management
New York
|
-$919K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$577K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$562K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citigroup
New York
| – | -$3.14M | -223,985 | Closed |
|
|
CCP
27
Clough Capital Partners
Boston,
Massachusetts
| – | -$2.42M | -172,600 | Closed |
|
|
28
Lazard Asset Management
New York
| – | -$919K | -65,564 | Closed |
|
|
1CP
29
1607 Capital Partners
Richmond,
Virginia
| – | -$577K | -41,113 | Closed |
|
|
VKH
30
Virtu KCG Holdings
New York
| – | -$329K | -23,435 | Closed |
|
|
MC
31
Matisse Capital
Portland,
Oregon
| – | -$227K | -16,200 | Closed |
|
32
First Trust Advisors
Wheaton,
Illinois
| – | -$171K | -12,190 | Closed |
|
|
RTS
33
Round Table Services
Westfield,
New Jersey
| – | -$164K | -11,700 | Closed |
|
|
AIG
34
American International Group
New York
| – | -$14K | -1,000 | Closed |
|
THW Hedge Fund Activity: Q2 2016 in Review
25 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q2 2016, worth a combined $37.6M — down 4.2% from $39.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of THW and 5 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Stifel Financial, opening a new position worth an estimated $3.72M. The largest seller was Citigroup, exiting entirely with an estimated $3.14M sold.
- 25 institutional investors held abrdn World Healthcare Fund (THW) as of Q2 2016, down from 29 in Q1 2016.
- Funds reported $37.6M of abrdn World Healthcare Fund stock for Q2 2016, down 4.2% quarter-over-quarter.
- 5 funds opened new abrdn World Healthcare Fund positions in Q2 2016 and 9 closed out, a net change of -4 holders.
- The largest abrdn World Healthcare Fund buyer in Q2 2016 was Stifel Financial, an estimated $3.72M added.
- The largest abrdn World Healthcare Fund seller in Q2 2016 was Citigroup, an estimated $3.14M sold.
Based on aggregated 13F filings for Q2 2016.