abrdn World Healthcare Fund
THW
41 hedge funds and large institutions have $58.5M invested in abrdn World Healthcare Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 11 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
11% more capital invested
Capital invested by funds: $52.9M → $58.5M (+$5.63M)
0.26% more ownership
Funds ownership: 14.15% → 14.42% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 47 → 41 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.71M |
| 2 |
Cohen & Steers
New York
|
+$696K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$366K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$351K |
| 5 |
LPL Financial
San Diego,
California
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.05M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$524K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$356K |
| 4 |
Millennium Management
New York
|
-$288K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$237K |
THW Hedge Fund Activity: Q3 2018 in Review
41 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q3 2018, worth a combined $58.5M — up 11% from $52.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of THW and 5 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $1.71M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.05M sold.
- 41 institutional investors held abrdn World Healthcare Fund (THW) as of Q3 2018, down from 47 in Q2 2018.
- Funds reported $58.5M of abrdn World Healthcare Fund stock for Q3 2018, up 11% quarter-over-quarter.
- 5 funds opened new abrdn World Healthcare Fund positions in Q3 2018 and 11 closed out, a net change of -6 holders.
- The largest abrdn World Healthcare Fund buyer in Q3 2018 was 1832 Asset Management, an estimated $1.71M added.
- The largest abrdn World Healthcare Fund seller in Q3 2018 was Wolverine Asset Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2018.