abrdn World Healthcare Fund
THW
45 hedge funds and large institutions have $51.6M invested in abrdn World Healthcare Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 9 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
0.61% less ownership
Funds ownership: 14.49% → 13.88% (-0.61%)
4% less funds holding
Funds holding: 47 → 45 (-2)
10% less capital invested
Capital invested by funds: $57.2M → $51.6M (-$5.55M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$847K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$735K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$434K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$192K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.23M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$963K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$769K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$382K |
| 5 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
-$353K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| – | -$27K | -2,000 | Closed |
|
|
QAM
52
QCI Asset Management
Pittsford,
New York
| – | -$4K | -325 | Closed |
|
53
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$82 | +6 | New |
|
|
ML
54
McAdam LLC
Philadelphia,
Pennsylvania
| – | +$313 | +23 | New |
|
THW Hedge Fund Activity: Q1 2018 in Review
45 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q1 2018, worth a combined $51.6M — down 9.7% from $57.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of THW and 7 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 16 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $847K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.23M sold.
- 45 institutional investors held abrdn World Healthcare Fund (THW) as of Q1 2018, down from 47 in Q4 2017.
- Funds reported $51.6M of abrdn World Healthcare Fund stock for Q1 2018, down 9.7% quarter-over-quarter.
- 7 funds opened new abrdn World Healthcare Fund positions in Q1 2018 and 9 closed out, a net change of -2 holders.
- The largest abrdn World Healthcare Fund buyer in Q1 2018 was Thomas J. Herzfeld Advisors, an estimated $847K added.
- The largest abrdn World Healthcare Fund seller in Q1 2018 was Laurion Capital Management, an estimated $2.23M sold.
Based on aggregated 13F filings for Q1 2018.