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THW

abrdn World Healthcare Fund
THW

47 hedge funds and large institutions have $57.2M invested in abrdn World Healthcare Fund in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 3

34% more funds holding

Funds holding: 35 → 47 (+12)

0.14% more ownership

Funds ownership: 14.35% → 14.49% (+0.14%)

6% less capital invested

Capital invested by funds: $60.5M → $57.2M (-$3.35M)

20% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 15

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
47
Holders Change
+12
Holders Change %
+34.29%
% of All Funds
1.07%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
15
Increased
12
Reduced
15
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$2.24M
2
Cohen & Steers
Cohen & Steers
New York
+$1.78M
3
Wells Fargo
Wells Fargo
California
+$1.07M
4
CCP
Clough Capital Partners
Massachusetts
+$826K
5
LCM
Laurion Capital Management
New York
+$587K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$2.4M
2
Morgan Stanley
Morgan Stanley
New York
-$1.78M
3
AA
Advisory Alpha
Michigan
-$1.7M
4
Stifel Financial
Stifel Financial
Missouri
-$734K
5
CA
Cornerstone Advisors
North Carolina
-$621K
Name Holding Trade Value Shares
Change 		Change in
Stake
Citigroup
26
Citigroup
New York
$214K -$12.4K -900 -5%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$188K +$191K +13,801 New
VF
28
Virtu Financial
New York
$183K +$186K +13,478 New
Cambridge Investment Research Advisors
29
Cambridge Investment Research Advisors
Iowa
$168K +$4.31K +312 +3%
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$163K +$25.7K +1,860 +18%
M&T Bank
31
M&T Bank
New York
$159K +$6.9K +500 +4%
DADC
32
D.A. Davidson & Co
Montana
$156K -$85K -6,156 -35%
ASN
33
Advisory Services Network
Georgia
$53K +$1.37K +99 +3%
APA
34
American Portfolios Advisors
New York
$42.7K +$43.3K +3,139 New
SWP
35
Stratos Wealth Partners
Ohio
$40K +$40.8K +2,953 New
SPIA
36
Steward Partners Investment Advisory
New York
$27K +$27.6K +2,000 New
FDCDDQ
37
Federation des caisses Desjardins du Quebec
Quebec, Canada
$20.4K – – –
GWM
38
Geneos Wealth Management
Colorado
$20K – – –
TDC
39
Thompson Davis & Co
Virginia
$20K – – –
IA
40
IFP Advisors
Florida
$19K -$33.3K -2,415 -63%
WWMSC
41
Wagner Wealth Management (South Carolina)
South Carolina
$7K +$6.9K +500 New
SBL
42
Sargent Bickham Lagudis
Colorado
$6K +$152 +11 +3%
TRCT
43
Tower Research Capital (TRC)
New York
$5K +$5.25K +380 New
IWM
44
IHT Wealth Management
Illinois
$4K – – –
QAM
45
QCI Asset Management
New York
$4K +$4.49K +325 New
AF
46
Advisornet Financial
Minnesota
$3K +$3.45K +250 New
AC
47
Avestar Capital
New York
$1K +$1.2K +87 New
AA
48
Advisory Alpha
Michigan
– -$1.7M -122,199 Closed
ICOA
49
Investment Centers of America
North Dakota
– -$268K -18,218 Closed
Millennium Management
50
Millennium Management
New York
– -$170K -11,661 Closed
1
2

THW Hedge Fund Activity: Q4 2017 in Review

47 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q4 2017, worth a combined $57.2M — down 5.5% from $60.5M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new THW positions and 3 closed out — a net gain of 12 holders — while 12 added to existing stakes and 15 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $2.24M. The largest seller was Bank of America, cutting an estimated $2.4M.

  • 47 institutional investors held abrdn World Healthcare Fund (THW) as of Q4 2017, up from 35 in Q3 2017.
  • Funds reported $57.2M of abrdn World Healthcare Fund stock for Q4 2017, down 5.5% quarter-over-quarter.
  • 15 funds opened new abrdn World Healthcare Fund positions in Q4 2017 and 3 closed out, a net change of +12 holders.
  • The largest abrdn World Healthcare Fund buyer in Q4 2017 was Royal Bank of Canada, an estimated $2.24M added.
  • The largest abrdn World Healthcare Fund seller in Q4 2017 was Bank of America, an estimated $2.4M sold.

Based on aggregated 13F filings for Q4 2017.