Vault-13

ABRDN LIFE SCIENCES INVESTOR HQL

SH BEN INT · Closed-End Fund · CUSIP 87911K100

85 institutional holders +10 vs Q4 2024
8,886,1298.9m shares reported held*
$112.8mreported value*
18 new 32 added 18 reduced 7 sold out net sold ≈ $7.6m (-602.4k shares)

* 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 ≈ $12.69.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 64Q4 22: 82Q1 23: 80Q2 23: 80Q3 23: 81Q4 23: 80Q1 24: 80Q2 24: 77Q3 24: 76Q4 24: 75Q1 25: 8585Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202264
Q4 202282
Q1 202380
Q2 202380
Q3 202381
Q4 202380
Q1 202480
Q2 202477
Q3 202476
Q4 202475
Q1 202585

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q2 23: 41 bought or addedQ2 23: 27 cut or sold outQ3 23: 43 bought or addedQ3 23: 32 cut or sold outQ3 23Q4 23: 40 bought or addedQ4 23: 33 cut or sold outQ1 24: 44 bought or addedQ1 24: 35 cut or sold outQ1 24Q2 24: 38 bought or addedQ2 24: 36 cut or sold outQ3 24: 28 bought or addedQ3 24: 40 cut or sold outQ3 24Q4 24: 27 bought or addedQ4 24: 33 cut or sold outQ1 25: 50 bought or addedQ1 25: 25 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20234127
Q3 20234332
Q4 20234033
Q1 20244435
Q2 20243836
Q3 20242840
Q4 20242733
Q1 20255025

Biggest buyers

MORGAN STANLEY Added +152,849+152.8k
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +122,869+122.9k
FLAGSHIP HARBOR ADVISORS, LLC Added +90,436+90.4k
RAYMOND JAMES FINANCIAL INC Added +74,061+74.1k
Formidable Asset Management, LLC New +63,979+64.0k
LPL Financial LLC Added +41,307+41.3k
Allspring Global Investments Holdings, LLC Added +27,433+27.4k
NEEDHAM INVESTMENT MANAGEMENT LLC Added +25,935+25.9k
ROYAL BANK OF CANADA Added +25,542+25.5k
Shaker Financial Services, LLC New +23,430+23.4k

Biggest sellers

SIT INVESTMENT ASSOCIATES INC Sold out -417,064-417.1k
Saba Capital Management, L.P. Reduced -241,618-241.6k
ABSOLUTE INVESTMENT ADVISERS, LLC Reduced -207,148-207.1k
AQR Arbitrage LLC Reduced -106,232-106.2k
Janney Montgomery Scott LLC Sold out -91,398-91.4k
Penserra Capital Management LLC Reduced -80,654-80.7k
Quarry LP Reduced -73,663-73.7k
1607 Capital Partners, LLC Reduced -66,176-66.2k
CLOUGH CAPITAL PARTNERS L P Sold out -38,519-38.5k
UBS Group AG Reduced -30,755-30.8k

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.

HolderStakeChangeShares Last filed
FIRST TRUST PORTFOLIOS LP 13G · institution +1.2 pts · filed 2026-10-14 11.3% +1.2 pts 3.6m≈ $71.1m 2026-10-14

Fell to 5% or below in the last year: Saba Capital Management, L.P. (5.0%, 2026-02-23)

Insider purchases and sales in Q1 2025

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)

BuyingSelling
202Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 1 buyingQ3 23: 0 sellingQ3 23Q4 23: 1 buyingQ4 23: 0 sellingQ1 24: 1 buyingQ1 24: 0 sellingQ1 24Q2 24: 1 buyingQ2 24: 0 sellingQ3 24: 2 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20230—0——
Q3 20231$277.2k0——
Q4 20231$13.6k0——
Q1 20241$13.8k0——
Q2 20241$5.3k0——
Q3 20242$25.5k0——
Q4 20240—0——
Q1 20250—0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-03-31 Saba Capital Management, L.P. +1 10% owner Sold 48,623 $12.58 $611.7k48.6k shares -2%
2025-03-28 Saba Capital Management, L.P. +1 10% owner Sold 3,602 $12.95 $46.6k3.6k shares -<1%
2025-03-27 Saba Capital Management, L.P. +1 10% owner Sold 32,922 $13.01 $428.3k32.9k shares -1%
2025-03-24 Saba Capital Management, L.P. +1 10% owner Sold 2,329 $13.21 $30.8k2.3k shares -<1%
2025-02-26 Saba Capital Management, L.P. +1 10% owner Sold 200 $13.62 $2.7k200 shares -<1%
2025-02-13 Saba Capital Management, L.P. +1 10% owner Sold 100 $13.88 $1.4k100 shares -<1%
2025-02-12 Saba Capital Management, L.P. +1 10% owner Sold 36,536 $13.75 $502.4k36.5k shares -1%
2025-02-11 Saba Capital Management, L.P. +1 10% owner Sold 19,756 $13.77 $272.0k19.8k shares -1%
2025-02-10 Saba Capital Management, L.P. +1 10% owner Sold 42,987 $13.95 $599.7k43.0k shares -1%
2025-02-04 Saba Capital Management, L.P. +1 10% owner Sold 4,065 $14.05 $57.1k4.1k shares -<1%
2025-02-03 Saba Capital Management, L.P. +1 10% owner Sold 1,846 $14.03 $25.9k1.8k shares -<1%
2025-01-31 Saba Capital Management, L.P. +1 10% owner Sold 15,143 $14.27 $216.1k15.1k shares -<1%
2025-01-30 Saba Capital Management, L.P. +1 10% owner Sold 21,835 $14.16 $309.2k21.8k shares -1%
2025-01-29 Saba Capital Management, L.P. +1 10% owner Sold 11,674 $14.12 $164.8k11.7k shares -<1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 1.11% of their portfolio NEW YORK, NY 3,188,4053.2m $40.5m $40.5m 1.11% Reduced -241.6k -241,618
2 Penserra Capital Management LLC 0.17% of their portfolio ORINDA, CA 746,921746.9k $9.5m $9.5m 0.17% Reduced -80.7k -80,654
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 518,535518.5k $6.6m $6.6m 0.00% Added +152.8k +152,849
4 Karpus Management, Inc. 0.19% of their portfolio Pittsford, NY 467,691467.7k $5.9m $5.9m 0.19% Reduced -21.9k -21,881
5 NEEDHAM INVESTMENT MANAGEMENT LLC 0.45% of their portfolio NEW YORK, NY 378,654378.7k $4.8m $4.8m 0.45% Added +25.9k +25,935
6 FLAGSHIP HARBOR ADVISORS, LLC 0.23% of their portfolio BOSTON, MA 340,877340.9k $4.3m $4.3m 0.23% Added +90.4k +90,436
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 328,402328.4k $4.2m $4.2m 0.00% Added +41.3k +41,307
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 312,531312.5k $4.0m $4.0m 0.00% Added +74.1k +74,061
9 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 193,484193.5k $2.5m $2.5m 0.00% Added +27.4k +27,433
10 ABSOLUTE INVESTMENT ADVISERS, LLC 0.36% of their portfolio ROSEMARY BEACH, FL 192,378192.4k $2.4m $2.4m 0.36% Reduced -207.1k -207,148
11 1607 Capital Partners, LLC 0.18% of their portfolio Richmond, VA 180,971181.0k $2.3m $2.3m 0.18% Reduced -66.2k -66,176
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 180,051180.1k $2.3m $2.3m 0.00% Reduced -5.4k -5,411
13 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 168,325168.3k $2.1m $2.1m 0.00% Added +14.9k +14,929
14 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.11% of their portfolio WEST PALM BEACH, FL 162,683162.7k $2.1m $2.1m 0.11% Added +122.9k +122,869
15 Advisors Asset Management, Inc. 0.04% of their portfolio Monument, CO 158,686158.7k $2.0m $2.0m 0.04% Added +2.9k +2,863
16 180 WEALTH ADVISORS, LLC 0.28% of their portfolio FEDERAL WAY, WA 136,122136.1k $1.7m $1.7m 0.28% Added +1.2k +1,247
17 WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio CHICAGO, IL 125,538125.5k $1.6m $1.6m 0.03% Added +4.1k +4,075
18 AQR Arbitrage LLC 0.03% of their portfolio Greenwich, CT 82,19382.2k $1.0m $1.0m 0.03% Reduced -106.2k -106,232
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 73,47573.5k $934.0k $934.0k 0.00% Added +25.5k +25,542
20 Quarry LP 0.23% of their portfolio NEW YORK, NY 71,45971.5k $906.8k $906.8k 0.23% Reduced -73.7k -73,663
21 UHLMANN PRICE SECURITIES, LLC 0.66% of their portfolio SKOKIE, IL 70,94370.9k $900.3k $900.3k 0.66% Added +3.7k +3,697
22 Formidable Asset Management, LLC 0.14% of their portfolio CINCINNATI, OH 63,97964.0k $811.9k $811.9k 0.14% New
23 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.15% of their portfolio BLUE BELL, PA 63,56963.6k $806.7k $806.7k 0.15% Added +1.4k +1,359
24 UBS Group AG 0.00% of their portfolio ZURICH, V8 37,40937.4k $474.7k $474.7k 0.00% Reduced -30.8k -30,755
25 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 35,74335.7k $453.6k $453.6k 0.01% Added +1.1k +1,060
26 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 32,50032.5k $412.4k $412.4k 0.00% Added +9.8k +9,785
27 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 29,12229.1k $370.0k $370.0k 0.00% Reduced -997 -997
28 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 28,71328.7k $364.4k $364.4k 0.01% Added +9.1k +9,115
29 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 28,35228.4k $359.8k $359.8k 0.00% Added +12.3k +12,299
30 READYSTATE ASSET MANAGEMENT LP 0.02% of their portfolio CHICAGO, IL 25,87925.9k $328.4k $328.4k 0.02% Reduced -12.7k -12,713
31 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio Englewood, NJ 25,33625.3k $321.5k $321.5k 0.03% Added +13.6k +13,607
32 WNY Asset Management, LLC 0.04% of their portfolio Williamsville, NY 24,13424.1k $306.3k $306.3k 0.04% Added +3.0k +2,988
33 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 23,65723.7k $300.3k $300.3k 0.00% Added +9.0k +8,959
34 Shaker Financial Services, LLC 0.12% of their portfolio Arlington, VA 23,43023.4k $297.3k $297.3k 0.12% New
35 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 23,07523.1k $292.8k $292.8k 0.00% Added +1.1k +1,097
36 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 22,56622.6k $286.4k $286.4k 0.00% Reduced -5.8k -5,775
37 KPP Advisory Services LLC 0.05% of their portfolio Louisville, KY 21,87421.9k $277.6k $277.6k 0.05% Added +362 +362
38 Samalin Investment Counsel, LLC 0.11% of their portfolio CHAPPAQUA, NY 20,41620.4k $259.1k $259.1k 0.11% New
39 Atlantic Union Bankshares Corp 0.02% of their portfolio GLEN ALLEN, VA 19,82619.8k $251.6k $251.6k 0.02% Reduced -4.3k -4,322
40 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 19,33619.3k $245.4k $245.4k 0.00% Added +6.9k +6,947
41 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 17,13717.1k $217.5k $217.5k 0.00% Reduced -6.1k -6,111
42 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 16,64716.6k $211.2k $211.2k 0.00% Added +3.3k +3,289
43 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 14,17614.2k $179.9k $179.9k 0.00% Added +971 +971
44 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 13,70013.7k $173.9k $173.9k 0.00% Unchanged
45 Kapstone Financial Advisors LLC 0.10% of their portfolio LEBANON, OH 13,59413.6k $172.5k $172.5k 0.10% Added +471 +471
46 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 13,47213.5k $171.0k $171.0k 0.01% Added +322 +322
47 Live Oak Private Wealth LLC 0.03% of their portfolio WILMINGTON, NC 13,22313.2k $167.8k $167.8k 0.03% Unchanged
48 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 13,20813.2k $167.6k $167.6k 0.00% Added +8.3k +8,348
49 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 11,75011.8k $149.0k $149.0k 0.01% New
50 KINGSWOOD WEALTH ADVISORS, LLC 0.01% of their portfolio SAN DIEGO, CA 11,72111.7k $148.7k $148.7k 0.01% Reduced -490 -490
51 Quantedge Capital Pte Ltd 0.05% of their portfolio Singapore, U0 11,52011.5k $146.2k $146.2k 0.05% New
52 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio CEDAR RAPIDS, IA 11,20011.2k $142.1k $142.1k 0.01% Reduced -500 -500
53 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 11,05811.1k $140.3k $140.3k 0.00% New
54 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 10,65810.7k $135.2k $135.2k 0.00% New
55 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,52210.5k $134.0k $134.0k 0.00% New
56 Wealthcare Advisory Partners LLC 0.00% of their portfolio WEST CHESTER, PA 10,30110.3k $130.7k $130.7k 0.00% New
57 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,8294.8k $61.3k $61.3k 0.00% Reduced -1.0k -1,001
58 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,5004.5k $57.1k $57.1k 0.00% Reduced -863 -863
59 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,1524.2k $52.7k $52.7k 0.00% Added +151 +151
60 CAROLINAS WEALTH CONSULTING LLC 0.01% of their portfolio CHARLOTTE, NC 3,4673.5k $44.0k $44.0k 0.01% Unchanged
61 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 2,8112.8k $35.7k $35.7k 0.00% Unchanged
62 BankPlus Trust Department 0.01% of their portfolio JACKSON, MS 2,1342.1k $27.1k $27.1k 0.01% Unchanged
63 Future Financial Wealth Managment LLC 0.02% of their portfolio CINCINNATI, OH 2,0002.0k $25.4k $25.4k 0.02% Unchanged
64 Costello Asset Management, INC 0.01% of their portfolio FEASTERVILLE, PA 1,6561.7k $21.0k $21.0k 0.01% New
65 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,6421.6k $20.8k $20.8k 0.00% New
66 Nexus Investment Management ULC 0.00% of their portfolio TORONTO, A6 1,4891.5k $27.2k $27.2k 0.00% New
67 VSM Wealth Advisory, LLC 0.01% of their portfolio HUNT VALLEY, MD 1,4751.5k $18.7k $18.7k 0.01% Added +101 +101
68 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 1,2001.2k $15.2k $15.2k 0.00% Unchanged
69 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 937937 $12.0k $12.0k 0.00% Unchanged
70 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 884884 $11.2k $11.2k 0.00% Unchanged
71 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 768768 $10.1k $10.1k 0.00% Unchanged
72 CWM, LLC 0.00% of their portfolio OMAHA, NE 222222 $3.0k $3.0k 0.00% Unchanged
73 Creekmur Asset Management LLC 0.00% of their portfolio MORTON, IL 216216 $2.7k $2.7k 0.00% Added +8 +8
74 WPG Advisers, LLC 0.00% of their portfolio BALTIMORE, MD 169169 $2.1k $2.1k 0.00% New
75 ATLAS CAPITAL ADVISORS INC. 0.00% of their portfolio JACKSON, WY 138138 $1.8k $1.8k 0.00% Unchanged
76 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 125125 $1.6k $1.6k 0.00% Unchanged
77 Garde Capital, Inc. 0.00% of their portfolio SEATTLE, WA 100100 $1.3k $1.3k 0.00% New
78 COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio BELLEVUE, WA 3939 $495 $495 0.00% New
79 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3737 $470 $470 0.00% New
80 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 66 $79 $79 0.00% Unchanged
81 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 55 $63 $63 0.00% New
82 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 44 $51 $51 0.00% New
83 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 33 $39 $39 0.00% Unchanged
84 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
85 Reyes Financial Architecture, Inc. 0.00% of their portfolio SAN DIEGO, CA 00 $0 $0 0.00% Unchanged