abrdn World Healthcare Fund
THW
30 hedge funds and large institutions have $43.8M invested in abrdn World Healthcare Fund in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
20% more funds holding
Funds holding: 25 → 30 (+5)
16% more capital invested
Capital invested by funds: $37.6M → $43.8M (+$6.12M)
1.07% more ownership
Funds ownership: 9.21% → 10.28% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.44M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.81M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$621K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$403K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$644K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$176K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$35.1K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$34.4K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$33K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $45K | -$14.8K | -1,000 | -24% |
|
|
TDC
27
Thompson Davis & Co
Richmond,
Virginia
| $29K | – | – | – |
|
|
EFSCE
28
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $29K | +$29.7K | +2,000 | New |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $15K | +$741 | +50 | +5% |
|
|
AA
30
Apriem Advisors
Irvine,
California
| $1K | +$1.48K | +100 | New |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$33K | -2,320 | Closed |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -500 | Closed |
|
THW Hedge Fund Activity: Q3 2016 in Review
30 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q3 2016, worth a combined $43.8M — up 16% from $37.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new THW positions and 2 closed out — a net gain of 6 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.44M. The largest seller was Stifel Financial, cutting an estimated $644K.
- 30 institutional investors held abrdn World Healthcare Fund (THW) as of Q3 2016, up from 25 in Q2 2016.
- Funds reported $43.8M of abrdn World Healthcare Fund stock for Q3 2016, up 16% quarter-over-quarter.
- 8 funds opened new abrdn World Healthcare Fund positions in Q3 2016 and 2 closed out, a net change of +6 holders.
- The largest abrdn World Healthcare Fund buyer in Q3 2016 was Morgan Stanley, an estimated $2.44M added.
- The largest abrdn World Healthcare Fund seller in Q3 2016 was Stifel Financial, an estimated $644K sold.
Based on aggregated 13F filings for Q3 2016.