abrdn World Healthcare Fund
THW
30 hedge funds and large institutions have $47.6M invested in abrdn World Healthcare Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
12% more capital invested
Capital invested by funds: $42.4M → $47.6M (+$5.16M)
0.06% more ownership
Funds ownership: 11.38% → 11.44% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
3% less funds holding
Funds holding: 31 → 30 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.04M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$451K |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
+$450K |
| 4 |
MIC
Meridian Investment Counsel
Lafayette,
California
|
+$226K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$951K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$844K |
| 3 |
Millennium Management
New York
|
-$250K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$240K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$239K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $50K | +$49.4K | +3,491 | New |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $22K | -$37.8K | -2,674 | -64% |
|
|
TDC
28
Thompson Davis & Co
Richmond,
Virginia
| $22K | -$7.07K | -500 | -25% |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $7K | +$7.07K | +500 | New |
|
|
BBPWM
30
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $4K | – | – | – |
|
|
LCM
31
Laurion Capital Management
New York
| – | -$951K | -74,080 | Closed |
|
|
32
Millennium Management
New York
| – | -$250K | -19,438 | Closed |
|
|
TC
33
TFS Capital
West Chester,
Pennsylvania
| – | -$239K | -18,612 | Closed |
|
|
TSS
34
Two Sigma Securities
New York
| – | -$201K | -15,649 | Closed |
|
|
RJFSA
35
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$162K | -12,590 | Closed |
|
|
TCOV
36
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$9K | -675 | Closed |
|
THW Hedge Fund Activity: Q1 2017 in Review
30 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q1 2017, worth a combined $47.6M — up 12% from $42.4M a quarter earlier.
Fund positioning in THW was balanced in Q1 2017: 6 funds opened new positions, 6 closed out, 14 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.04M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $951K sold.
- 30 institutional investors held abrdn World Healthcare Fund (THW) as of Q1 2017, down from 31 in Q4 2016.
- Funds reported $47.6M of abrdn World Healthcare Fund stock for Q1 2017, up 12% quarter-over-quarter.
- 6 funds opened new abrdn World Healthcare Fund positions in Q1 2017 and 6 closed out, a net change of 0 holders.
- The largest abrdn World Healthcare Fund buyer in Q1 2017 was Morgan Stanley, an estimated $1.04M added.
- The largest abrdn World Healthcare Fund seller in Q1 2017 was Laurion Capital Management, an estimated $951K sold.
Based on aggregated 13F filings for Q1 2017.