abrdn World Healthcare Fund
THW
50 hedge funds and large institutions have $94.2M invested in abrdn World Healthcare Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 7 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
2% less ownership
Funds ownership: 17.41% → 15.41% (-2%)
7% less funds holding
Funds holding: 54 → 50 (-4)
11% less capital invested
Capital invested by funds: $106M → $94.2M (-$12.2M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.71M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$493K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$334K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$235K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11.1M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.48M |
| 3 |
Morgan Stanley
New York
|
-$1.25M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$466K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$352K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAFM
51
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$352K | -21,400 | Closed |
|
|
C
52
Certuity
North Palm Beach,
Florida
| – | -$322K | -19,560 | Closed |
|
|
OFG
53
OTA Financial Group
Purchase,
New York
| – | -$290K | -17,675 | Closed |
|
54
Citigroup
New York
| – | -$136K | -8,300 | Closed |
|
|
WAM
55
Wolverine Asset Management
Chicago,
Illinois
| – | -$63K | -3,839 | Closed |
|
|
NFSG
56
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$30K | -1,813 | Closed |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5.48K | -326 | -99% |
|
THW Hedge Fund Activity: Q3 2021 in Review
50 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q3 2021, worth a combined $94.2M — down 11% from $106M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of THW and 3 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was UBS Group, adding an estimated $1.71M. The largest seller was Sit Investment Associates, cutting an estimated $11.1M.
- 50 institutional investors held abrdn World Healthcare Fund (THW) as of Q3 2021, down from 54 in Q2 2021.
- Funds reported $94.2M of abrdn World Healthcare Fund stock for Q3 2021, down 11% quarter-over-quarter.
- 3 funds opened new abrdn World Healthcare Fund positions in Q3 2021 and 7 closed out, a net change of -4 holders.
- The largest abrdn World Healthcare Fund buyer in Q3 2021 was UBS Group, an estimated $1.71M added.
- The largest abrdn World Healthcare Fund seller in Q3 2021 was Sit Investment Associates, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2021.