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 ($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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 64 |
| Q4 2022 | 82 |
| Q1 2023 | 80 |
| Q2 2023 | 80 |
| Q3 2023 | 81 |
| Q4 2023 | 80 |
| Q1 2024 | 80 |
| Q2 2024 | 77 |
| Q3 2024 | 76 |
| Q4 2024 | 75 |
| Q1 2025 | 85 |
| Q2 2025 | 78 |
| Q3 2025 | 84 |
| Q4 2025 | 75 |
| Q1 2026 | 87 |
| Q2 2026 | 84 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 28 | 40 |
| Q4 2024 | 27 | 33 |
| Q1 2025 | 50 | 25 |
| Q2 2025 | 43 | 25 |
| Q3 2025 | 46 | 25 |
| Q4 2025 | 34 | 38 |
| Q1 2026 | 57 | 21 |
| Q2 2026 | 54 | 24 |
Biggest buyers
| MORGAN STANLEY | Added | +200.8k |
| Cambridge Investment Research Advisors, Inc. | Added | +142.4k |
| Allspring Global Investments Holdings, LLC | Added | +92.6k |
| Rockefeller Capital Management L.P. | Added | +47.2k |
| LPL Financial LLC | Added | +35.4k |
| Penserra Capital Management LLC | Added | +32.0k |
| RAYMOND JAMES FINANCIAL INC | Added | +27.8k |
| XTX Topco Ltd | New | +23.2k |
| STIFEL FINANCIAL CORP | Added | +20.5k |
| Janney Montgomery Scott LLC | Added | +20.2k |
Biggest sellers
| Saba Capital Management, L.P. | Reduced | -869.3k |
| Shaker Financial Services, LLC | Reduced | -63.2k |
| Private Advisor Group, LLC | Reduced | -53.6k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Reduced | -48.7k |
| ABSOLUTE INVESTMENT ADVISERS, LLC | Sold out | -35.8k |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -29.8k |
| 1607 Capital Partners, LLC | Reduced | -27.7k |
| MERCER GLOBAL ADVISORS INC /ADV | Sold out | -16.1k |
| WNY Asset Management, LLC | Sold out | -14.7k |
| Quarry LP | Sold out | -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.
| 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 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 1 | $133.7k | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 1 | $10.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-07-16 | Mahai Chris LaVictoire Director | Bought | $10.5k527 shares |
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
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $35.5m | Added +200.8k |
| Penserra Capital Management LLC 0.13% of their portfolio | 838.9k $16.8m | Added +32.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 689.1k $13.8m | Added +27.8k |
| LPL Financial LLC 0.00% of their portfolio | 514.2k $10.3m | Added +35.4k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 455.1k $9.1m | Added +92.6k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.27% of their portfolio | 443.0k $8.9m | Added +13.5k |
| FLAGSHIP HARBOR ADVISORS, LLC 0.31% of their portfolio | 400.8k $8.0m | Added +18.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 195.5k $3.9m | Added +3.7k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 169.8k $3.4m | Added +9.4k |
| Formidable Asset Management, LLC 0.43% of their portfolio | 165.2k $2.7m | Added +6.9k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 156.3k $3.1m | Added +142.4k |
| 180 WEALTH ADVISORS, LLC 0.31% of their portfolio | 152.8k $3.1m | Added +3.3k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 150.0k $3.0m | Reduced -48.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 124.7k $2.5m | Added +3.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 122.4k $2.4m | Added +6.8k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 111.7k $2.2m | Added +20.2k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.23% of their portfolio | 92.9k $1.9m | Added +5.0k |
| World Investment Advisors 0.02% of their portfolio | 91.0k $1.5m | Unchanged |
| UHLMANN PRICE SECURITIES, LLC 0.06% of their portfolio | 81.5k $1.6m | Added +3.7k |
| Saba Capital Management, L.P. 0.05% of their portfolio | 78.1k $1.6m | Reduced -869.3k |
| 1607 Capital Partners, LLC 0.13% of their portfolio | 76.4k $1.5m | Reduced -27.7k |
| Z3 Capital Partners, LLC 0.30% of their portfolio | 72.0k $1.4m | Added +4.7k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 68.7k $1.4m | Added +14.4k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 67.3k $1.3m | Added +14.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 60.9k $1.2m | Added +20.5k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 56.5k $1.1m | Reduced -860 |
| Invesco Ltd. 0.00% of their portfolio | 54.0k $1.1m | Added +13.5k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 47.2k $944.8k | Added +47.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 45.6k $912.6k | Added +8.9k |
| Kingsview Wealth Management, LLC 0.01% of their portfolio | 35.7k $714.7k | Unchanged |
| STEPHENS INC /AR/ 0.01% of their portfolio | 31.5k $630.5k | Added +1.1k |
| Closed-End Fund Advisors, Inc. 0.59% of their portfolio | 30.2k $603.7k | Added +3.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 30.0k $600.5k | Added +15.8k |
| KPP Advisory Services LLC 0.06% of their portfolio | 25.3k $505.3k | Added +660 |
| Private Advisor Group, LLC 0.00% of their portfolio | 23.4k $468.3k | Reduced -53.6k |
| PMG Family Office LLC 0.43% of their portfolio | 23.3k $466.5k | Added +251 |
| XTX Topco Ltd 0.01% of their portfolio | 23.2k $464.9k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 21.3k $426.4k | Added +58 |
| UBS Group AG 0.00% of their portfolio | 20.3k $407.1k | Added +587 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 20.2k $403.5k | Reduced -3.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 18.3k $366.0k | Added +3.4k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 18.0k $359.7k | Added +482 |
| Atlantic Union Bankshares Corp 0.01% of their portfolio | 17.8k $356.3k | Unchanged |
| DECISION INVESTMENTS, INC 0.31% of their portfolio | 17.3k $345.3k | Reduced -450 |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 16.0k $319.0k | Added +5.4k |
| Atlas Wealth LLC 0.04% of their portfolio | 15.2k $303.6k | New |
| Almitas Capital LLC 0.07% of their portfolio | 14.9k $297.6k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 14.4k $287.3k | New |
| INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio | 13.4k $267.7k | Added +396 |
| Live Oak Private Wealth LLC 0.03% of their portfolio | 13.2k $264.6k | Unchanged |
| Merit Financial Group, LLC 0.00% of their portfolio | 13.1k $261.7k | Added +423 |
| EVOLVE PRIVATE WEALTH, LLC 0.01% of their portfolio | 12.2k $244.1k | Added +443 |
| Wealthcare Advisory Partners LLC 0.00% of their portfolio | 11.9k $237.6k | Added +361 |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 11.7k $233.3k | Reduced -4.4k |
| Cetera Investment Advisers 0.00% of their portfolio | 11.2k $224.7k | New |
| Shaker Financial Services, LLC 0.07% of their portfolio | 11.0k $220.6k | Reduced -63.2k |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.01% of their portfolio | 10.7k $214.1k | Unchanged |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 10.7k $216.7k | Reduced -1 |
| Baldwin Investment Management, LLC 0.02% of their portfolio | 10.4k $208.3k | Added +317 |
| Thomas J. Herzfeld Advisors, Inc. 0.06% of their portfolio | 9.2k $183.9k | Reduced -1.9k |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 7.6k $151.8k | Reduced -29.8k |
| Global Retirement Partners, LLC 0.00% of their portfolio | 6.1k $122.6k | First filing |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 4.8k $96.6k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 3.5k $69.3k | Added +1.4k |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio | 2.8k $56.2k | Unchanged |
| BankPlus Trust Department 0.01% of their portfolio | 2.1k $42.7k | Unchanged |
| Pinnacle Wealth Planning Services, Inc. 0.00% of their portfolio | 2.0k $39.8k | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 1.8k $36.1k | Added +930 |
| VSM Wealth Advisory, LLC 0.01% of their portfolio | 1.7k $34.5k | Added +52 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 1.2k $23.4k | Added +45 |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.1k $22.8k | Added +35 |
| Costello Asset Management, INC 0.01% of their portfolio | 1.1k $22.2k | Added +31 |
| WPG Advisers, LLC 0.01% of their portfolio | 944 $18.9k | Reduced -1 |
| Buck Wealth Strategies, LLC 0.00% of their portfolio | 697 $13.9k | New |
| CoreCap Advisors, LLC 0.00% of their portfolio | 534 $10.7k | Unchanged |
| Newton One Investments LLC 0.00% of their portfolio | 512 $10.2k | New |
| ASSETMARK, INC 0.00% of their portfolio | 376 $7.5k | Added +111 |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 125 $2.5k | Unchanged |
| Markowski Investments 0.00% of their portfolio | 105 $2.1k | First filing |
| WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio | 38 $784 | Added +1 |
| Nexus Investment Management ULC 0.00% of their portfolio | 32 $640 | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 13 $260 | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 6 $120 | Unchanged |
| JFS WEALTH ADVISORS, LLC 0.00% of their portfolio | 3 $61 | Unchanged |