abrdn World Healthcare Fund
THW
67 hedge funds and large institutions have $56.7M invested in abrdn World Healthcare Fund in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 12 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
2.74% less ownership
Funds ownership: 14.03% → 11.29% (-2.7%)
8% less funds holding
Funds holding: 73 → 67 (-6)
9% less capital invested
Capital invested by funds: $62.2M → $56.7M (-$5.51M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$535K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$432K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$376K |
| 4 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$255K |
| 5 |
WQ
Wealth Quarterback
Toms River,
New Jersey
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.7M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.31M |
| 3 |
SWP
Significant Wealth Partners
Cary,
Illinois
|
-$1.1M |
| 4 |
FSI
Flow State Investments
Chicago,
Illinois
|
-$962K |
| 5 |
EC
Elequin Capital
New York
|
-$788K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$17.8K | -1,529 | Closed |
|
|
FUBT
77
First United Bank & Trust
Oakland,
Maryland
| – | -$8.36K | -716 | Closed |
|
|
BFEC
78
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$5K | -425 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$1.52K | -130 | Closed |
|
THW Hedge Fund Activity: Q1 2024 in Review
67 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q1 2024, worth a combined $56.7M — down 8.9% from $62.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of THW and 8 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 22 added.
The largest buyer was LPL Financial, adding an estimated $535K. The largest seller was Morgan Stanley, cutting an estimated $9.7M.
- 67 institutional investors held abrdn World Healthcare Fund (THW) as of Q1 2024, down from 73 in Q4 2023.
- Funds reported $56.7M of abrdn World Healthcare Fund stock for Q1 2024, down 8.9% quarter-over-quarter.
- 8 funds opened new abrdn World Healthcare Fund positions in Q1 2024 and 12 closed out, a net change of -4 holders.
- The largest abrdn World Healthcare Fund buyer in Q1 2024 was LPL Financial, an estimated $535K added.
- The largest abrdn World Healthcare Fund seller in Q1 2024 was Morgan Stanley, an estimated $9.7M sold.
Based on aggregated 13F filings for Q1 2024.