abrdn World Healthcare Fund
THW
46 hedge funds and large institutions have $38.5M invested in abrdn World Healthcare Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
2% more funds holding
Funds holding: 45 → 46 (+1)
0.76% less ownership
Funds ownership: 11.98% → 11.22% (-0.76%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
23% less capital invested
Capital invested by funds: $50M → $38.5M (-$11.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.01M |
| 2 |
LPL Financial
San Diego,
California
|
+$848K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$625K |
| 4 |
Rockefeller Capital Management
New York
|
+$588K |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.56M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.37M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$840K |
| 4 |
Cohen & Steers
New York
|
-$744K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$710K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| – | -$20K | -1,500 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$19K | -1,405 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
THW Hedge Fund Activity: Q1 2020 in Review
46 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q1 2020, worth a combined $38.5M — down 23% from $50M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new THW positions and 7 closed out — a net gain of 3 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was UBS Group, adding an estimated $1.01M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $2.56M sold.
- 46 institutional investors held abrdn World Healthcare Fund (THW) as of Q1 2020, up from 45 in Q4 2019.
- Funds reported $38.5M of abrdn World Healthcare Fund stock for Q1 2020, down 23% quarter-over-quarter.
- 10 funds opened new abrdn World Healthcare Fund positions in Q1 2020 and 7 closed out, a net change of +3 holders.
- The largest abrdn World Healthcare Fund buyer in Q1 2020 was UBS Group, an estimated $1.01M added.
- The largest abrdn World Healthcare Fund seller in Q1 2020 was Cornerstone Advisors, an estimated $2.56M sold.
Based on aggregated 13F filings for Q1 2020.