ABRDN LIFE SCIENCES INVESTOR HQL
SH BEN INT · Closed-End Fund · CUSIP 87911K100
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $13.54.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 64 |
| Q4 2022 | 82 |
| Q1 2023 | 80 |
| Q2 2023 | 80 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 53 | 18 |
| Q1 2023 | 40 | 29 |
| Q2 2023 | 41 | 27 |
Biggest buyers
| RPO LLC | New | +186.1k |
| Saba Capital Management, L.P. | New | +137.0k |
| Thomas J. Herzfeld Advisors, Inc. | New | +103.5k |
| Allspring Global Investments Holdings, LLC | Added | +91.0k |
| AQR Arbitrage LLC | Added | +49.9k |
| MORGAN STANLEY | Added | +48.4k |
| BOOTHBAY FUND MANAGEMENT, LLC | New | +46.0k |
| Quantedge Capital Pte Ltd | Added | +33.2k |
| JPMORGAN CHASE & CO | Added | +20.7k |
| Cerity Partners LLC | New | +18.4k |
Biggest sellers
| RAYMOND JAMES & ASSOCIATES | Reduced | -145.7k |
| FLAGSHIP HARBOR ADVISORS, LLC | Reduced | -135.9k |
| Logan Stone Capital, LLC | Reduced | -73.5k |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -70.9k |
| WELLS FARGO & COMPANY/MN | Reduced | -19.6k |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -14.7k |
| Elequin Capital, LP | Sold out | -13.4k |
| Cypress Wealth Services, LLC | Sold out | -10.7k |
| Quad-Cities Investment Group, LLC | Sold out | -10.1k |
| Atlantic Union Bankshares Corp | Reduced | -9.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FIRST TRUST PORTFOLIOS LP 13G · institution +1.2 pts · filed 2026-10-14 | 11.3% |
Fell to 5% or below in the last year: Saba Capital Management, L.P. (5.0%, 2026-02-23)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 1 | $11.9k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 578.9k $7.8m | Added +48.4k |
| 1607 Capital Partners, LLC 0.47% of their portfolio | 479.4k $6.5m | Added +15.7k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 309.6k $4.2m | Added +91.0k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.68% of their portfolio | 305.9k $4.1m | Added +6.9k |
| Cornerstone Advisors, LLC 0.17% of their portfolio | 257.3k $3.5m | Added +5.1k |
| WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio | 235.5k $3.2m | Reduced -70.9k |
| FLAGSHIP HARBOR ADVISORS, LLC 0.26% of their portfolio | 231.3k $3.1m | Reduced -135.9k |
| RPO LLC 2.56% of their portfolio | 186.1k $2.5m | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 185.3k $2.5m | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 164.5k $2.2m | Reduced -145.7k |
| LPL Financial LLC 0.00% of their portfolio | 160.6k $2.2m | Reduced -7.1k |
| AQR Arbitrage LLC 0.08% of their portfolio | 143.6k $1.9m | Added +49.9k |
| Saba Capital Management, L.P. 0.06% of their portfolio | 137.0k $1.9m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 133.4k $1.8m | Reduced -2.3k |
| Advisors Asset Management, Inc. 0.03% of their portfolio | 120.0k $1.6m | Added +12.9k |
| 180 WEALTH ADVISORS, LLC 0.32% of their portfolio | 109.0k $1.5m | Reduced -2.9k |
| Cetera Investment Advisers 0.01% of their portfolio | 105.9k $1.4m | Added +13.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 105.4k $1.4m | Reduced -19.6k |
| Thomas J. Herzfeld Advisors, Inc. 0.56% of their portfolio | 103.5k $1.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 93.7k $1.3m | Added +189 |
| Logan Stone Capital, LLC 0.36% of their portfolio | 79.2k $1.1m | Reduced -73.5k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 77.3k $1.0m | Reduced -5.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 76.0k $1.0m | Added +1.3k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 71.0k $962.0k | Added +4.0k |
| Shaker Financial Services, LLC 0.39% of their portfolio | 65.2k $882.6k | Reduced -1.3k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 61.7k $835.5k | Reduced -5.0k |
| Quantedge Capital Pte Ltd 0.35% of their portfolio | 58.7k $795.1k | Added +33.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 53.9k $730.2k | Reduced -4.5k |
| Walleye Capital LLC 0.01% of their portfolio | 53.2k $720.6k | Reduced -3.1k |
| Woodline Partners LP 0.01% of their portfolio | 52.9k $716.4k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 48.2k $652.3k | Added +2.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 46.0k $622.4k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 45.2k $612.0k | Reduced -14.7k |
| Atlantic Union Bankshares Corp 0.05% of their portfolio | 39.5k $535.5k | Reduced -9.8k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 37.4k $507.0k | Unchanged |
| Kingsview Wealth Management, LLC 0.02% of their portfolio | 36.7k $496.7k | Reduced -471 |
| Atria Wealth Solutions, Inc. 0.01% of their portfolio | 33.0k $446.9k | Reduced -5.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 32.9k $446.0k | Added +1.3k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 30.9k $418.4k | Added +1.8k |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 28.0k $379.1k | Added +3.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio | 27.2k $367.9k | Reduced -6.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 20.7k $280.4k | Added +20.7k |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 19.7k $267.0k | Added +1.7k |
| Private Advisor Group, LLC 0.00% of their portfolio | 19.6k $265.2k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 18.4k $249.3k | New |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 17.2k $233.0k | Added +386 |
| Live Oak Private Wealth LLC 0.04% of their portfolio | 14.3k $193.5k | Added +24 |
| Invesco Ltd. 0.00% of their portfolio | 14.3k $193.2k | Reduced -41 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.02% of their portfolio | 13.9k $188.2k | Unchanged |
| Atlas Wealth LLC 0.03% of their portfolio | 13.1k $177.2k | New |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 12.9k $175.0k | Unchanged |
| Twelve Points Wealth Management LLC 0.09% of their portfolio | 12.9k $174.6k | Unchanged |
| Powell Investment Advisors, LLC 0.10% of their portfolio | 12.7k $172.4k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 12.3k $166.0k | Added +210 |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 11.8k $159.2k | Added +5 |
| STEPHENS INC /AR/ 0.00% of their portfolio | 11.6k $157.6k | Added +236 |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 11.5k $155.1k | Added +258 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 10.8k $146.6k | New |
| IHT Wealth Management, LLC 0.01% of their portfolio | 10.5k $141.7k | Added +235 |
| Parallel Advisors, LLC 0.00% of their portfolio | 10.0k $135.5k | Added +71 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.02% of their portfolio | 6.3k $85.5k | Added +4.9k |
| Global Retirement Partners, LLC 0.00% of their portfolio | 5.0k $67.5k | Added +111 |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio | 3.9k $52.7k | Unchanged |
| CAROLINAS WEALTH CONSULTING LLC 0.01% of their portfolio | 3.5k $46.9k | Unchanged |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio | 2.2k $29.8k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 1.5k $20.6k | Added +33 |
| CWM, LLC 0.00% of their portfolio | 1.1k $15.0k | Added +84 |
| BESSEMER GROUP INC 0.00% of their portfolio | 937 $13.0k | Unchanged |
| PIERSHALE FINANCIAL GROUP, INC. 0.01% of their portfolio | 839 $11.4k | Added +19 |
| West Branch Capital LLC 0.01% of their portfolio | 754 $10.2k | Added +17 |
| Buck Wealth Strategies, LLC 0.00% of their portfolio | 481 $6.5k | Added +11 |
| Larson Financial Group LLC 0.00% of their portfolio | 429 $5.8k | Unchanged |
| WFA of San Diego, LLC 0.00% of their portfolio | 300 $4.1k | New |
| ATLAS CAPITAL ADVISORS INC. 0.00% of their portfolio | 138 $1.9k | Unchanged |
| FIRST COMMUNITY TRUST NA 0.00% of their portfolio | 100 $1.4k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 17 $230 | Unchanged |
| JFS WEALTH ADVISORS, LLC 0.00% of their portfolio | 3 $41 | Unchanged |
| FMR LLC 0.00% of their portfolio | 2 $27 | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $7 | Reduced -512 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |