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THW

abrdn World Healthcare Fund

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: 3547 (+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: 10 (-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
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$15.4M -$1.78M -128,946 -10%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$8.11M +$2.24M +162,144 +37%
TJHA
3
Thomas J. Herzfeld Advisors
Florida
$6.59M +$330K +23,899 +5%
Wells Fargo
4
Wells Fargo
California
$4.89M +$1.07M +77,496 +27%
UBS Group
5
UBS Group
Switzerland
$2.96M +$47.6K +3,449 +2%
LCM
6
Laurion Capital Management
New York
$2.23M +$587K +42,515 +35%
WAM
7
Wolverine Asset Management
Illinois
$2.21M -$88.3K -6,394 -4%
RJA
8
Raymond James & Associates
Florida
$2.18M +$248K +17,989 +13%
Cohen & Steers
9
Cohen & Steers
New York
$2.09M +$1.78M +128,843 +519%
Bank of America
10
Bank of America
North Carolina
$1.52M -$2.4M -173,528 -61%
Stifel Financial
11
Stifel Financial
Missouri
$1.45M -$734K -53,194 -33%
CCP
12
Clough Capital Partners
Massachusetts
$814K +$826K +59,837 New
CA
13
Cornerstone Advisors
North Carolina
$769K -$621K -44,970 -44%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$757K -$369K -26,752 -32%
LPL Financial
15
LPL Financial
California
$546K +$554K +40,104 New
BTS
16
BB&T Securities
Virginia
$515K -$81.1K -5,871 -13%
AG
17
Advisor Group
Arizona
$395K -$26.6K -1,928 -6%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$382K -$4.46K -323 -1%
ACM
19
AlphaStar Capital Management
North Carolina
$353K +$359K +25,970 New
WS
20
Wedbush Securities
California
$295K -$167K -12,119 -36%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$278K -$30K -2,175 -10%
Ameriprise
22
Ameriprise
Minnesota
$265K -$4.27K -309 -2%
Squarepoint
23
Squarepoint
New York
$255K +$258K +18,701 New
RJFSA
24
Raymond James Financial Services Advisors
Florida
$227K +$230K +16,647 New
MIC
25
Meridian Investment Counsel
California
$217K

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.