Vault-13

ABRDN LIFE SCIENCES INVESTOR HQL

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

84 institutional holders -3 vs Q1 2026
7,947,4887.9m shares reported held*
$158.1mreported value*
7 new 47 added 13 reduced 11 sold out net sold ≈ $7.0m (-343.0k 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 ($260 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.89.

Trends to Q2 2026

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: 85Q2 25: 78Q3 25: 84Q4 25: 75Q1 26: 87Q2 26: 8484Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202264
Q4 202282
Q1 202380
Q2 202380
Q3 202381
Q4 202380
Q1 202480
Q2 202477
Q3 202476
Q4 202475
Q1 202585
Q2 202578
Q3 202584
Q4 202575
Q1 202687
Q2 202684

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 28 bought or addedQ3 24: 40 cut or sold outQ4 24: 27 bought or addedQ4 24: 33 cut or sold outQ4 24Q1 25: 50 bought or addedQ1 25: 25 cut or sold outQ2 25: 43 bought or addedQ2 25: 25 cut or sold outQ2 25Q3 25: 46 bought or addedQ3 25: 25 cut or sold outQ4 25: 34 bought or addedQ4 25: 38 cut or sold outQ4 25Q1 26: 57 bought or addedQ1 26: 21 cut or sold outQ2 26: 54 bought or addedQ2 26: 24 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242840
Q4 20242733
Q1 20255025
Q2 20254325
Q3 20254625
Q4 20253438
Q1 20265721
Q2 20265424

Biggest buyers

MORGAN STANLEY Added +200,834+200.8k
Cambridge Investment Research Advisors, Inc. Added +142,409+142.4k
Allspring Global Investments Holdings, LLC Added +92,589+92.6k
Rockefeller Capital Management L.P. Added +47,179+47.2k
LPL Financial LLC Added +35,359+35.4k
Penserra Capital Management LLC Added +32,002+32.0k
RAYMOND JAMES FINANCIAL INC Added +27,822+27.8k
XTX Topco Ltd New +23,234+23.2k
STIFEL FINANCIAL CORP Added +20,549+20.5k
Janney Montgomery Scott LLC Added +20,211+20.2k

Biggest sellers

Saba Capital Management, L.P. Reduced -869,251-869.3k
Shaker Financial Services, LLC Reduced -63,191-63.2k
Private Advisor Group, LLC Reduced -53,575-53.6k
RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -48,730-48.7k
ABSOLUTE INVESTMENT ADVISERS, LLC Sold out -35,755-35.8k
WOLVERINE ASSET MANAGEMENT LLC Reduced -29,751-29.8k
1607 Capital Partners, LLC Reduced -27,676-27.7k
MERCER GLOBAL ADVISORS INC /ADV Sold out -16,108-16.1k
WNY Asset Management, LLC Sold out -14,710-14.7k
Quarry LP Sold out -14,132-14.1k

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 since 1 Apr 2026

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
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 1 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 1 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20251$133.7k0——
Q1 20260—0——
Q2 20260—0——
Q3 20261$10.5k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-07-16 Mahai Chris LaVictoire Director Bought 527 $19.92 $10.5k527 shares new

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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,771,8481.8m $35.5m $35.5m 0.00% Added +200.8k +200,834
2 Penserra Capital Management LLC 0.13% of their portfolio ORINDA, CA 838,890838.9k $16.8m $16.8m 0.13% Added +32.0k +32,002
3 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 689,134689.1k $13.8m $13.8m 0.00% Added +27.8k +27,822
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 514,161514.2k $10.3m $10.3m 0.00% Added +35.4k +35,359
5 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 455,124455.1k $9.1m $9.1m 0.01% Added +92.6k +92,589
6 NEEDHAM INVESTMENT MANAGEMENT LLC 0.27% of their portfolio NEW YORK, NY 443,041443.0k $8.9m $8.9m 0.27% Added +13.5k +13,468
7 FLAGSHIP HARBOR ADVISORS, LLC 0.31% of their portfolio BOSTON, MA 400,765400.8k $8.0m $8.0m 0.31% Added +18.0k +18,048
8 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 195,451195.5k $3.9m $3.9m 0.00% Added +3.7k +3,690
9 Advisors Asset Management, Inc. 0.05% of their portfolio Monument, CO 169,812169.8k $3.4m $3.4m 0.05% Added +9.4k +9,394
10 Formidable Asset Management, LLC 0.43% of their portfolio CINCINNATI, OH 165,243165.2k $2.7m $2.7m 0.43% Added +6.9k +6,858
11 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 156,292156.3k $3.1m $3.1m 0.00% Added +142.4k +142,409
12 180 WEALTH ADVISORS, LLC 0.31% of their portfolio FEDERAL WAY, WA 152,829152.8k $3.1m $3.1m 0.31% Added +3.3k +3,271
13 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.14% of their portfolio WEST PALM BEACH, FL 150,000150.0k $3.0m $3.0m 0.14% Reduced -48.7k -48,730
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 124,679124.7k $2.5m $2.5m 0.00% Added +3.4k +3,439
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 122,374122.4k $2.4m $2.4m 0.00% Added +6.8k +6,789
16 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 111,730111.7k $2.2m $2.2m 0.00% Added +20.2k +20,211
17 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.23% of their portfolio BLUE BELL, PA 92,89992.9k $1.9m $1.9m 0.23% Added +5.0k +5,003
18 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 91,01691.0k $1.5m $1.5m 0.02% Unchanged
19 UHLMANN PRICE SECURITIES, LLC 0.06% of their portfolio SKOKIE, IL 81,51881.5k $1.6m $1.6m 0.06% Added +3.7k +3,661
20 Saba Capital Management, L.P. 0.05% of their portfolio NEW YORK, NY 78,09578.1k $1.6m $1.6m 0.05% Reduced -869.3k -869,251
21 1607 Capital Partners, LLC 0.13% of their portfolio Richmond, VA 76,38776.4k $1.5m $1.5m 0.13% Reduced -27.7k -27,676
22 Z3 Capital Partners, LLC 0.30% of their portfolio RICHMOND, VA 72,03072.0k $1.4m $1.4m 0.30% Added +4.7k +4,681
23 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 68,72168.7k $1.4m $1.4m 0.01% Added +14.4k +14,408
24 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 67,31867.3k $1.3m $1.3m 0.01% Added +14.3k +14,273
25 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 60,85560.9k $1.2m $1.2m 0.00% Added +20.5k +20,549
26 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 56,47756.5k $1.1m $1.1m 0.00% Reduced -860 -860
27 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 53,95954.0k $1.1m $1.1m 0.00% Added +13.5k +13,518
28 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 47,21647.2k $944.8k $944.8k 0.00% Added +47.2k +47,179
29 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 45,60145.6k $912.6k $912.6k 0.00% Added +8.9k +8,909
30 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 35,71635.7k $714.7k $714.7k 0.01% Unchanged
31 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 31,51031.5k $630.5k $630.5k 0.01% Added +1.1k +1,093
32 Closed-End Fund Advisors, Inc. 0.59% of their portfolio RICHMOND, VA 30,17130.2k $603.7k $603.7k 0.59% Added +3.7k +3,668
33 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 30,01130.0k $600.5k $600.5k 0.00% Added +15.8k +15,805
34 KPP Advisory Services LLC 0.06% of their portfolio Louisville, KY 25,25125.3k $505.3k $505.3k 0.06% Added +660 +660
35 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 23,40523.4k $468.3k $468.3k 0.00% Reduced -53.6k -53,575
36 PMG Family Office LLC 0.43% of their portfolio PLANO, TX 23,31223.3k $466.5k $466.5k 0.43% Added +251 +251
37 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 23,23423.2k $464.9k $464.9k 0.01% New
38 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 21,31121.3k $426.4k $426.4k 0.00% Added +58 +58
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 20,34520.3k $407.1k $407.1k 0.00% Added +587 +587
40 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 20,16520.2k $403.5k $403.5k 0.00% Reduced -3.6k -3,623
41 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 18,29018.3k $366.0k $366.0k 0.00% Added +3.4k +3,353
42 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 17,97618.0k $359.7k $359.7k 0.00% Added +482 +482
43 Atlantic Union Bankshares Corp 0.01% of their portfolio GLEN ALLEN, VA 17,80817.8k $356.3k $356.3k 0.01% Unchanged
44 DECISION INVESTMENTS, INC 0.31% of their portfolio SAN DIEGO, CA 17,25417.3k $345.3k $345.3k 0.31% Reduced -450 -450
45 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 15,96016.0k $319.0k $319.0k 0.01% Added +5.4k +5,360
46 Atlas Wealth LLC 0.04% of their portfolio CINCINNATI, OH 15,17015.2k $303.6k $303.6k 0.04% New
47 Almitas Capital LLC 0.07% of their portfolio SANTA MONICA, CA 14,87514.9k $297.6k $297.6k 0.07% Unchanged
48 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 14,35614.4k $287.3k $287.3k 0.00% New
49 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 13,37713.4k $267.7k $267.7k 0.01% Added +396 +396
50 Live Oak Private Wealth LLC 0.03% of their portfolio WILMINGTON, NC 13,22313.2k $264.6k $264.6k 0.03% Unchanged
51 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 13,07613.1k $261.7k $261.7k 0.00% Added +423 +423
52 EVOLVE PRIVATE WEALTH, LLC 0.01% of their portfolio LOS ANGELES, CA 12,19712.2k $244.1k $244.1k 0.01% Added +443 +443
53 Wealthcare Advisory Partners LLC 0.00% of their portfolio WEST CHESTER, PA 11,87611.9k $237.6k $237.6k 0.00% Added +361 +361
54 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 11,66011.7k $233.3k $233.3k 0.00% Reduced -4.4k -4,444
55 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 11,22711.2k $224.7k $224.7k 0.00% New
56 Shaker Financial Services, LLC 0.07% of their portfolio Arlington, VA 11,02611.0k $220.6k $220.6k 0.07% Reduced -63.2k -63,191
57 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio CEDAR RAPIDS, IA 10,70010.7k $214.1k $214.1k 0.01% Unchanged
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,68610.7k $216.7k $216.7k 0.00% Reduced -1 -1
59 Baldwin Investment Management, LLC 0.02% of their portfolio WEST CONSHOHOCKEN, PA 10,41110.4k $208.3k $208.3k 0.02% Added +317 +317
60 Thomas J. Herzfeld Advisors, Inc. 0.06% of their portfolio MIAMI BEACH, FL 9,1919.2k $183.9k $183.9k 0.06% Reduced -1.9k -1,885
61 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 7,5847.6k $151.8k $151.8k 0.00% Reduced -29.8k -29,751
62 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 6,1286.1k $122.6k $122.6k 0.00% First filing
63 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,8284.8k $96.6k $96.6k 0.00% New
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,4653.5k $69.3k $69.3k 0.00% Added +1.4k +1,408
65 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 2,8112.8k $56.2k $56.2k 0.00% Unchanged
66 BankPlus Trust Department 0.01% of their portfolio JACKSON, MS 2,1342.1k $42.7k $42.7k 0.01% Unchanged
67 Pinnacle Wealth Planning Services, Inc. 0.00% of their portfolio MANSFIELD, OH 1,9892.0k $39.8k $39.8k 0.00% Unchanged
68 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,8041.8k $36.1k $36.1k 0.00% Added +930 +930
69 VSM Wealth Advisory, LLC 0.01% of their portfolio HUNT VALLEY, MD 1,7261.7k $34.5k $34.5k 0.01% Added +52 +52
70 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,1681.2k $23.4k $23.4k 0.00% Added +45 +45
71 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,1391.1k $22.8k $22.8k 0.00% Added +35 +35
72 Costello Asset Management, INC 0.01% of their portfolio FEASTERVILLE, PA 1,1111.1k $22.2k $22.2k 0.01% Added +31 +31
73 WPG Advisers, LLC 0.01% of their portfolio BALTIMORE, MD 944944 $18.9k $18.9k 0.01% Reduced -1 -1
74 Buck Wealth Strategies, LLC 0.00% of their portfolio DENVER, CO 697697 $13.9k $13.9k 0.00% New
75 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 534534 $10.7k $10.7k 0.00% Unchanged
76 Newton One Investments LLC 0.00% of their portfolio NEWARK, DE 512512 $10.2k $10.2k 0.00% New
77 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 376376 $7.5k $7.5k 0.00% Added +111 +111
78 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 125125 $2.5k $2.5k 0.00% Unchanged
79 Markowski Investments 0.00% of their portfolio TAMPA, FL 105105 $2.1k $2.1k 0.00% First filing
80 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 3838 $784 $784 0.00% Added +1 +1
81 Nexus Investment Management ULC 0.00% of their portfolio TORONTO, A6 3232 $640 $640 0.00% Unchanged
82 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1313 $260 $260 0.00% Unchanged
83 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 66 $120 $120 0.00% Unchanged
84 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 33 $61 $61 0.00% Unchanged