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THW

abrdn World Healthcare Fund

44 hedge funds and large institutions have $45.1M invested in abrdn World Healthcare Fund in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

17% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 12

7% more funds holding

Funds holding: 4144 (+3)

1% less ownership

Funds ownership: 14.42%13.42% (-1%)

23% less capital invested

Capital invested by funds: $58.5M → $45.1M (-$13.4M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
44
Holders Change
+3
Holders Change %
+7.32%
% of All Funds
0.98%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
14
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$11M -$1.32M -101,716 -10%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$7.59M -$599K -46,139 -7%
Wells Fargo
3
Wells Fargo
California
$4.27M +$154K +11,843 +3%
TJHA
4
Thomas J. Herzfeld Advisors
Florida
$4.25M -$2.17M -167,208 -31%
Cohen & Steers
5
Cohen & Steers
New York
$2.83M +$386K +29,752 +14%
RJA
6
Raymond James & Associates
Florida
$1.82M -$642K -49,440 -24%
UBS Group
7
UBS Group
Switzerland
$1.61M -$168K -12,907 -8%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$1.47M +$27.9K +2,146 +2%
Stifel Financial
9
Stifel Financial
Missouri
$1.03M +$334K +25,746 +40%
OFG
10
OTA Financial Group
New York
$976K +$1.09M +84,270 New
LPL Financial
11
LPL Financial
California
$912K -$63.1K -4,864 -6%
Bank of America
12
Bank of America
North Carolina
$833K -$175K -13,486 -16%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$666K +$117K +8,996 +19%
WAM
14
Weiss Asset Management
Massachusetts
$508K +$569K +43,856 New
William Blair & Company
15
William Blair & Company
Illinois
$439K +$492K +37,888 New
JMPWA
16
JP Morgan Private Wealth Advisors
California
$435K
SBIA
17
Sheaff Brock Investment Advisors
Indiana
$426K +$42.2K +3,251 +10%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$382K -$51.4K -3,961 -11%
BTS
19
BB&T Securities
Virginia
$368K -$57.3K -4,414 -12%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$357K +$13.2K +1,019 +3%
AG
21
Advisor Group
Arizona
$334K +$5.63K +434 +2%
WS
22
Wedbush Securities
California
$315K +$65.8K +5,071 +23%
SIG
23
Sargent Investment Group
Maryland
$255K +$286K +22,000 New
MAFM
24
Mid Atlantic Financial Management
Pennsylvania
$249K +$279K +21,500 New
Bank of New York Mellon
25
Bank of New York Mellon
New York
$215K +$241K +18,532 New

THW Hedge Fund Activity: Q4 2018 in Review

44 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q4 2018, worth a combined $45.1M — down 23% from $58.5M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new THW positions and 6 closed out — a net gain of 4 holders — while 14 added to existing stakes and 12 trimmed.

The largest buyer was OTA Financial Group, opening a new position worth an estimated $1.09M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $2.17M.

  • 44 institutional investors held abrdn World Healthcare Fund (THW) as of Q4 2018, up from 41 in Q3 2018.
  • Funds reported $45.1M of abrdn World Healthcare Fund stock for Q4 2018, down 23% quarter-over-quarter.
  • 10 funds opened new abrdn World Healthcare Fund positions in Q4 2018 and 6 closed out, a net change of +4 holders.
  • The largest abrdn World Healthcare Fund buyer in Q4 2018 was OTA Financial Group, an estimated $1.09M added.
  • The largest abrdn World Healthcare Fund seller in Q4 2018 was Thomas J. Herzfeld Advisors, an estimated $2.17M sold.

Based on aggregated 13F filings for Q4 2018.