abrdn World Healthcare Fund
THW
39 hedge funds and large institutions have $47.4M invested in abrdn World Healthcare Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 9 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
5% more capital invested
Capital invested by funds: $45.3M → $47.4M (+$2.06M)
0.73% less ownership
Funds ownership: 13.48% → 12.76% (-0.73%)
11% less funds holding
Funds holding: 44 → 39 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$583K |
| 2 |
LPL Financial
San Diego,
California
|
+$306K |
| 3 |
Millennium Management
New York
|
+$281K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$270K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
-$976K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$833K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$508K |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$435K |
| 5 |
Morgan Stanley
New York
|
-$406K |
THW Hedge Fund Activity: Q1 2019 in Review
39 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in abrdn World Healthcare Fund (THW) for Q1 2019, worth a combined $47.4M — up 4.5% from $45.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of THW and 4 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was Royal Bank of Canada, adding an estimated $583K. The largest seller was OTA Financial Group, exiting entirely with an estimated $976K sold.
- 39 institutional investors held abrdn World Healthcare Fund (THW) as of Q1 2019, down from 44 in Q4 2018.
- Funds reported $47.4M of abrdn World Healthcare Fund stock for Q1 2019, up 4.5% quarter-over-quarter.
- 4 funds opened new abrdn World Healthcare Fund positions in Q1 2019 and 9 closed out, a net change of -5 holders.
- The largest abrdn World Healthcare Fund buyer in Q1 2019 was Royal Bank of Canada, an estimated $583K added.
- The largest abrdn World Healthcare Fund seller in Q1 2019 was OTA Financial Group, an estimated $976K sold.
Based on aggregated 13F filings for Q1 2019.