NPORT-P false 0001635977 XXXXXXXX abrdn World Healthcare Fund 811-23037 0001635977 549300XY2WS5AD8KC081 1900 Market Street Suite 200 PHILADELPHIA 19103 215-405-5700 abrdn World Healthcare Fund 549300XY2WS5AD8KC081 2025-09-30 2025-09-30 N 634343925.01 122451602.90 511892322.11 0.00000000 0.00000000 120000000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 53.40000000 N Morgan Stanley & Co. International PLC 4PQUHN3JPFGFNF3BB653 000000000 1.00000000 NC 217347.37000000 0.042459587810 N/A DFE US N 2 Morgan Stanley & Co. International PLC 4PQUHN3JPFGFNF3BB653 17020507.29000000 GBP 23109923.97000000 USD 2025-10-15 217347.37000000 N N N Omega Healthcare Investors Inc 549300OJ7ENK42CZ8E73 681936100 71075.00000000 NS USD 3000786.50000000 0.586214399081 Long EC US N 1 N N N ProQR Therapeutics NV 549300NGS2FJGGDBGS06 000000000 2298823.00000000 NS USD 4896492.99000000 0.956547457054 Long EC CORP NL N 1 N N N Global Medical REIT Inc 549300HFRIPQDYU3GU60 37954A303 28645.00000000 NS USD 965622.95000000 0.188637904553 Long EC US N 1 N N N Renalytix PLC 213800NTOH3FK3WER551 000000000 11000000.00000000 NS 1405419.94000000 0.274553823000 Long EC CORP GB Y 1 N N N BioNTech SE 894500UZJ5LG1F8J1U58 09075V102 57533.00000000 NS USD 5673904.46000000 1.108417574346 Long EC CORP DE N 1 N N N Welltower Inc 254900F33BIAR82QTA19 95040Q104 38266.00000000 NS USD 6816705.24000000 1.331667803084 Long EC US N 1 N N N Newamsterdam Pharma Co NV 984500B6549TF6E14D36 000000000 275023.00000000 NS USD 7821654.12000000 1.527988169027 Long EC CORP NL N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 157.00000000 NS USD 29110.94000000 0.005686926477 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 91324P102 21467.00000000 NS USD 7412555.10000000 1.448069209056 Long EC CORP US N 1 N N N Exact Sciences Corp 549300VM3X1FYD4N9Z14 30063P105 127080.00000000 NS USD 6952546.80000000 1.358204938753 Long EC CORP US N 1 N N N Mereo Biopharma Group PLC 213800U8JQHIJOS5AS09 589492107 3462291.00000000 NS USD 7132319.46000000 1.393324172279 Long EC CORP GB N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081EC3 1800000.00000000 PA USD 1680204.35000000 0.328233942457 Long DBT CORP US N 2 2036-12-15 Fixed 4.00000000 N N N N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287YAW9 1705000.00000000 PA USD 1509108.65000000 0.294809784170 Long DBT CORP US N 2 2046-05-14 Fixed 4.45000000 N N N N N N DH EUROPE FINANCE II 222100KDGL314CKTZ511 23291KAJ4 985000.00000000 PA USD 807029.82000000 0.157656168131 Long DBT CORP LU N 2 2039-11-15 Fixed 3.25000000 N N N N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287Y109 88295.00000000 NS USD 20443824.30000000 3.993774357804 Long EC CORP US N 1 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -85.00000000 NC USD -8500.00000000 -0.00166050546 N/A DE DE N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written BioNTech SE BioNTech SE 100.00000000 105.00000000 USD 2025-10-17 XXXX 10370.00000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -763.00000000 NC USD -64092.00000000 -0.01252060193 N/A DE IL N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Teva Pharmaceutical Industries Ltd. Teva Pharmaceutical Industries Ltd. 100.00000000 19.50000000 USD 2025-10-03 XXXX -33572.00000000 N N N Ventas Inc ORQTRC074CWLT3DKHT41 92276F100 111734.00000000 NS USD 7820262.66000000 1.527716342328 Long EC US N 1 N N N AstraZeneca PLC PY6ZZQWO2IZFZC3IOL08 046353AL2 5000000.00000000 PA USD 4993116.20000000 0.975423147473 Long DBT CORP GB N 2 2025-11-16 Fixed 3.38000000 N N N N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -31.00000000 NC USD -26815.00000000 -0.00523840636 N/A DE NL N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Argenx SE Argenx SE 100.00000000 770.00000000 USD 2025-10-17 XXXX 7812.00000000 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 883556102 17579.00000000 NS USD 8526166.58000000 1.665617203410 Long EC CORP US N 1 N N N ROCHE HOLDINGS INC PVJRP0EQNV6OGDPZGY95 771196BX9 3600000.00000000 PA USD 3159254.59000000 0.617171708490 Long DBT CORP US N 2 2031-12-13 Fixed 2.08000000 N N N N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -30.00000000 NC USD -13110.00000000 -0.00256108549 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Thermo Fisher Scientific, Inc. Thermo Fisher Scientific, Inc. 100.00000000 490.00000000 USD 2025-10-03 XXXX 3000.00000000 N N N AMGEN INC 62QBXGPJ34PQ72Z12S66 031162CZ1 1555000.00000000 PA USD 1349780.65000000 0.263684488260 Long DBT CORP US N 2 2032-01-15 Fixed 2.00000000 N N N N N N IO LIGHT HOLDINIGS, INC. N/A 000000000 101839.00000000 NS USD 10.18000000 0.000001988699 Long EP CORP US Y 3 N N N CRYSTALYS THERAPEUTICS SER A N/A 000000000 1329540.00000000 NS USD 1331999.65000000 0.260210906174 Long EP CORP US Y 3 N N N SANOFI SA 549300E9PC51EN656011 801060AD6 2600000.00000000 PA USD 2585412.86000000 0.505069669602 Long DBT CORP FR N 2 2028-06-19 Fixed 3.63000000 N N N N N N AMOLYT MILESTONE N/A 000000000 9784.95000000 NS USD 1540836.08000000 0.301007851348 Long EP CORP US Y 3 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287YAR0 3200000.00000000 PA USD 3140159.52000000 0.613441418120 Long DBT CORP US N 2 2035-05-14 Fixed 4.50000000 N N N N N N Diaceutics Plc 213800VEWQBB39ZB8J81 000000000 844633.00000000 NS 1885671.15000000 0.368372618332 Long EC CORP GB N 1 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -46.00000000 NC USD -20240.00000000 -0.00395395655 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Danaher Corp. Danaher Corp. 100.00000000 195.00000000 USD 2025-10-03 XXXX -9108.00000000 N N N IQVIA Inc 549300PLWY28YB00C717 46266TAA6 710000.00000000 PA USD 708023.36000000 0.138314901282 Long DBT CORP US N 2 2027-05-15 Fixed 5.00000000 N N N N N N Alcon AG 549300LDT5AP8S0NBM78 000000000 34326.00000000 NS USD 2557630.26000000 0.499642239105 Long EC CORP CH N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 000000000 158150.00000000 NS USD 15062206.00000000 2.942455932512 Long EC CORP IE N 1 N N N IMMUNIC INC. 549300R5T12FW5MEQB20 000000000 3108929.00000000 NS USD 409135.06000000 0.079926000513 N/A DE US N 2 N/A N/A Call Purchased Immunic Inc Immunic Inc 1.00000000 1.00000000 USD 2099-12-31 XXXX 409135.06000000 N N N Goldman Sachs International W22LROWP2IHZNBB6K528 000000000 1.00000000 NC -843.35000000 -0.00016475144 N/A DFE US N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 415798.23000000 EUR 487712.24000000 USD 2025-10-15 -843.35000000 N N N Oxford Biomedica PLC 213800S1GVQNXQ15K851 000000000 1370889.00000000 NS 10282108.14000000 2.008646681321 Long EC CORP GB N 2 N N N Zoetis Inc 549300HD9Q1LOC9KLJ48 98978V103 60258.00000000 NS USD 8816950.56000000 1.722422896217 Long EC CORP US N 1 N N N CONTRA FUSION PHARMACE N/A 361CVR012 3689.00000000 NS USD 5090.82000000 0.000994509935 N/A DE CA Y 3 N/A N/A Fusion Pharmaceuticals, Inc. Fusion Pharmaceuticals, Inc. 2099-12-31 XXXX 3061.87000000 N N N Boston Scientific Corp Y6ZDD9FP4P8JSSJMW954 101137107 87498.00000000 NS USD 8542429.74000000 1.668794270011 Long EC CORP US N 1 N N N ResMed Inc 529900T3QE5253CCXF22 761152107 5975.00000000 NS USD 1635536.75000000 0.319507966686 Long EC CORP US N 1 N N N Elevance Health Inc 8MYN82XMYQH89CTMTH67 036752103 12704.00000000 NS USD 4104916.48000000 0.801910148423 Long EC CORP US N 1 N N N CVS HEALTH CORP 549300EJG376EN5NQE29 126650DQ0 2448000.00000000 PA USD 2127597.09000000 0.415633717894 Long DBT CORP US N 2 2031-02-28 Fixed 1.88000000 N N N N N N Inspire Medical Systems Inc 549300XQQCQ7HCJKTW25 457730109 73723.00000000 NS USD 5470246.60000000 1.068632281385 Long EC CORP US N 1 N N N Immunic Inc 549300R5T12FW5MEQB20 4525EP101 476254.00000000 NS USD 419865.53000000 0.082022236291 Long EC CORP US N 1 N N N ZIMMER BIOMET HOLDINGS 2P2YLDVPES3BXQ1FRB91 98956PAG7 5000000.00000000 PA USD 4655611.65000000 0.909490423847 Long DBT CORP US N 2 2035-08-15 Fixed 4.25000000 N N N N N N Deutsche Bank AG 7LTWFZYICNSX8D621K86 000000000 1.00000000 NC 62363.63000000 0.012182958662 N/A DFE US N 2 Deutsche Bank AG 7LTWFZYICNSX8D621K86 22259785.10000000 EUR 26217218.73000000 USD 2025-10-15 62363.63000000 N N N Insulet Corp 549300TZTYD2PYN92D43 45784P101 11606.00000000 NS USD 3583120.38000000 0.699975409912 Long EC CORP US N 1 N N N Becton Dickinson & Co ICE2EP6D98PQUILVRZ91 075887109 47528.00000000 NS USD 8895815.76000000 1.737829495729 Long EC CORP US N 1 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -78.00000000 NC USD -17784.00000000 -0.00347416814 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Becton Dickinson & Co. Becton Dickinson & Co. 100.00000000 190.00000000 USD 2025-10-17 XXXX 1482.00000000 N N N IQVIA Holdings Inc 549300W3R20NM4KQPH86 46266C105 10611.00000000 NS USD 2015453.34000000 0.393726034352 Long EC CORP US N 1 N N N Goldman Sachs International W22LROWP2IHZNBB6K528 000000000 1.00000000 NC 590.69000000 0.000115393408 N/A DFE US N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 5796276.49000000 AUD 3836723.50000000 USD 2025-10-15 590.69000000 N N N InspireMD Inc 549300OQ16IJ5DIS5D30 45779A846 451033.00000000 NS USD 1086989.53000000 0.212347300994 Long EC CORP US N 1 N N N Stryker Corp 5493002F0SC4JTBU5137 863667101 17555.00000000 NS USD 6489556.85000000 1.267758192435 Long EC CORP US N 1 N N N ELEVANCE HEALTH INC 8MYN82XMYQH89CTMTH67 036752AP8 3200000.00000000 PA USD 2905285.66000000 0.567557967664 Long DBT CORP US N 2 2031-03-15 Fixed 2.55000000 N N N N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160BY9 4300000.00000000 PA USD 4272864.55000000 0.834719405906 Long DBT CORP US N 2 2026-03-01 Fixed 2.45000000 N N N N N N IMMUNIC INC. 549300R5T12FW5MEQB20 000000000 3108929.00000000 NS USD 409135.06000000 0.079926000513 N/A DE US N 2 N/A N/A Call Purchased Immunic Inc Immunic Inc 1.00000000 1.00000000 USD 2099-12-31 XXXX 409135.06000000 N N N Diversified Healthcare Trust N/A 25525P107 63841.00000000 NS USD 281538.81000000 0.054999615708 Long EC US N 1 N N N Novo Nordisk A/S 549300DAQ1CVT6CXN342 670100205 185222.00000000 NS USD 10277968.78000000 2.007838042507 Long EC CORP DK N 1 N N N RADIANT BIOTHERAPEUTICS INC. N/A 000000000 1147236.00000000 NS USD 4999998.66000000 0.976767660704 Long EP CORP US Y 3 N N N AstraZeneca PLC PY6ZZQWO2IZFZC3IOL08 046353108 360655.00000000 NS USD 27669451.60000000 5.405326551089 Long EC CORP GB N 1 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -60.00000000 NC USD -10080.00000000 -0.00196916413 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Zoetis, Inc. Zoetis, Inc. 100.00000000 150.00000000 USD 2025-10-17 XXXX 840.00000000 N N N CVS Health Corp 549300EJG376EN5NQE29 126650100 120237.00000000 NS USD 9064667.43000000 1.770815274711 Long EC CORP US N 1 N N N Morgan Stanley & Co. International PLC 4PQUHN3JPFGFNF3BB653 000000000 1.00000000 NC -3105.19000000 -0.00060660999 N/A DFE US N 2 Morgan Stanley & Co. International PLC 4PQUHN3JPFGFNF3BB653 776964.22000000 EUR 909814.07000000 USD 2025-10-15 -3105.19000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -262.00000000 NC USD -7860.00000000 -0.00153547917 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Bristol-Myers Squibb Co. Bristol-Myers Squibb Co. 100.00000000 45.50000000 USD 2025-10-03 XXXX 12135.84000000 N N N LivaNova PLC 2138001K2FX6SHK2B339 000000000 81201.00000000 NS USD 4253308.38000000 0.830899037998 Long EC CORP GB N 1 N N N LTC Properties Inc 549300NRZP8IJG2KY677 502175102 63514.00000000 NS USD 2341126.04000000 0.457347363670 Long EC US N 1 N N N ENDEAVOR BIOMEDICINES INC. N/A 000000000 78308.00000000 NS USD 510928.38000000 0.099811690453 Long EP CORP US Y 3 N N N Abivax SA 969500D8TMNB184OJU95 000000000 37000.00000000 NS 3159654.36000000 0.617249804993 Long EC CORP FR N 2 N N N ALPHA 9 ONCOLOGY N/A 000000000 2871748.00000000 NS USD 5000000.44000000 0.976768008433 Long EP CORP US Y 3 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -44.00000000 NC USD -35640.00000000 -0.00696240175 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written UnitedHealth Group, Inc. UnitedHealth Group, Inc. 100.00000000 340.00000000 USD 2025-10-03 XXXX 3388.00000000 N N N Sabra Health Care REIT Inc 549300E3BC7GU7TAZ621 78573L106 200380.00000000 NS USD 3735083.20000000 0.729661891509 Long EC US N 1 N N N Roche Holding AG 549300U41AUUVOAAOB37 771195104 408646.00000000 NS USD 17085489.26000000 3.337711569803 Long EC CORP CH N 1 N N N Immatics NV 984500DC691EZ96AF394 000000000 549309.00000000 NS USD 4680112.68000000 0.914276787881 Long EC CORP NL N 1 N N N Oculis Holding AG 5067005370C2KK324336 000000000 249018.00000000 NS USD 4415089.14000000 0.862503489366 Long EC CORP CH N 1 N N N Community Healthcare Trust Inc 549300FATSRCMKOV9536 20369C106 14900.00000000 NS USD 227970.00000000 0.044534756657 Long EC US N 1 N N N Intuitive Surgical Inc 54930052SRG011710797 46120E602 28155.00000000 NS USD 12591760.65000000 2.459845578089 Long EC CORP US N 1 N N N National Health Investors Inc 549300ZPKZIG6DKDEC02 63633D104 4442.00000000 NS USD 353139.00000000 0.068986969475 Long EC US N 1 N N N Sanofi SA 549300E9PC51EN656011 80105N105 380927.00000000 NS USD 17979754.40000000 3.512409470391 Long EC CORP FR N 1 N N N ENDEAVOR BIOMEDICINES, INC. N/A 000000000 424079.00000000 NS USD 1999998.97000000 0.390706967777 Long EP CORP US Y 3 N N N Alcon AG 549300LDT5AP8S0NBM78 000000000 72677.00000000 NS 5466387.98000000 1.067878486137 Long EC CORP CH N 2 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081ET6 5300000.00000000 PA USD 5214330.06000000 1.018638067964 Long DBT CORP US N 2 2029-03-15 Fixed 3.45000000 N N N N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160BV5 5470000.00000000 PA USD 4499959.66000000 0.879083249666 Long DBT CORP US N 2 2046-03-01 Fixed 3.70000000 N N N N N N ESC CB144A MALLINCKROD N/A 561ESCAK0 997897.00000000 PA USD 0.01000000 0.000000001953 Long DBT CORP US N 3 2029-06-15 None 0.00000000 Y N N N N N ATALANTA THERAPEUTICS N/A 000000000 1055555.00000000 NS USD 1899999.00000000 0.371171615188 Long EP CORP US Y 3 N N N Abbott Laboratories HQD377W2YR662HK5JX27 002824100 146188.00000000 NS USD 19580420.72000000 3.825105373585 Long EC CORP US N 1 N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 857492706 4503417.89000000 NS USD 4503417.89000000 0.879758827293 Long STIV RF US N 1 N N N Lonza Group AG 549300EFW4H2TCZ71055 000000000 11993.00000000 NS 8018979.67000000 1.566536422532 Long EC CORP CH N 2 N N N Goldman Sachs International W22LROWP2IHZNBB6K528 000000000 1.00000000 NC -8851.28000000 -0.00172912927 N/A DFE US N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 4457646.74000000 ILS 1336944.81000000 USD 2025-10-15 -8851.28000000 N N N ENGRAIL THERAPEUTICS INC. SERI N/A 000000000 897073.00000000 NS USD 950000.31000000 0.185585965830 Long EP CORP US Y 3 N N N CSL Ltd 529900ECSECK5ZDQTE14 000000000 35930.00000000 NS 4726454.21000000 0.923329771878 Long EC CORP AU N 2 N N N Dexcom Inc 549300YSK3QDSFR5EU59 252131107 45411.00000000 NS USD 3055706.19000000 0.596943157382 Long EC CORP US N 1 N N N OSE Immuno 969500HIUWVGY6NZSM05 000000000 275416.00000000 NS 2184245.04000000 0.426700097980 Long EC CORP FR N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160CK8 1400000.00000000 PA USD 1375752.97000000 0.268758274070 Long DBT CORP US N 2 2028-01-15 Fixed 2.90000000 N N N N N N DiaSorin SpA 8156002878BDF0EE4348 000000000 38835.00000000 NS 3450130.41000000 0.673995342571 Long EC CORP IT N 2 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 166140.00000000 NS USD 4233247.20000000 0.826980014576 Long EC CORP US N 1 N N N Ardelyx Inc 549300F542QR4SXHCY32 039697107 372276.00000000 NS USD 2051240.76000000 0.400717235129 Long EC CORP US N 1 N N N Molina Healthcare Inc 549300NQQCEQ46YHZ591 60855R100 20356.00000000 NS USD 3895324.16000000 0.760965537428 Long EC CORP US N 1 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -38.00000000 NC USD -3800.00000000 -0.00074234362 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Stryker Corp. Stryker Corp. 100.00000000 390.00000000 USD 2025-10-17 XXXX 8626.00000000 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 91324PEJ7 6060000.00000000 PA USD 5973447.38000000 1.166934357479 Long DBT CORP US N 2 2032-05-15 Fixed 4.20000000 N N N N N N Medtronic Inc D56MRZY2INAN94ZONZ37 585055BT2 1675000.00000000 PA USD 1643895.74000000 0.321140925346 Long DBT CORP US N 2 2035-03-15 Fixed 4.38000000 N N N N N N Argenx SE 7245009C5FZE6G9ODQ71 04016X101 11349.00000000 NS USD 8370568.44000000 1.635220549020 Long EC CORP NL N 1 N N N BRISTOL-MYERS SQUIBB CO HLYYNH7UQUORYSJQCN42 110122CP1 1400000.00000000 PA USD 1365080.21000000 0.266673312147 Long DBT CORP US N 2 2029-07-26 Fixed 3.40000000 N N N N N N Abbott Laboratories HQD377W2YR662HK5JX27 002824BG4 5652000.00000000 PA USD 5703773.34000000 1.114252567119 Long DBT CORP US N 2 2036-11-30 Fixed 4.75000000 N N N N N N Veradigm Inc Y68YJHVB1GU4TAU3C223 01988P108 90363.00000000 NS USD 433742.40000000 0.084733132587 Long EC CORP US N 1 N N N BioMerieux 549300AK8Y0LBIQ4T071 000000000 14417.00000000 NS 1935027.88000000 0.378014632457 Long EC CORP FR N 2 N N N FLAMINGO THERAPEUTICS INC N/A 000000000 136337.00000000 NS 183276.20000000 0.035803662622 Long EP CORP FR Y 3 N N N Bayer AG 549300J4U55H3WP1XT59 000000000 173684.00000000 NS 5782143.64000000 1.129562486142 Long EC CORP DE N 2 N N N THERMO FISHER SCIENTIFIC HCHV7422L5HDJZCRFL38 883556CY6 3500000.00000000 PA USD 3538531.33000000 0.691264779165 Long DBT CORP US N 2 2043-08-10 Fixed 5.40000000 N N N N N N Abivax SA 969500D8TMNB184OJU95 00370M103 534156.00000000 NS USD 45349844.40000000 8.859254659860 Long EC CORP FR N 1 N N N ESC CB144A PAR PHARMAC N/A 698ESCAA8 193000.00000000 PA USD 0.00000000 0.000000 Long DBT CORP US N 2 2027-04-01 None 0.00000000 N N N N N N GLAXOSMITHKLINE CAPITAL 549300U0LV41VX7LEP38 377373AH8 1000000.00000000 PA USD 976209.83000000 0.190706089510 Long DBT CORP GB N 2 2029-06-01 Fixed 3.38000000 N N N N N N HCA Healthcare Inc 529900PH4ZGUH2MNEU89 40412C101 3384.00000000 NS USD 1442260.80000000 0.281750817057 Long EC CORP US N 1 N N N McKesson Corp 549300WZWOM80UCFSF54 58155Q103 2880.00000000 NS USD 2224915.20000000 0.434645159518 Long EC CORP US N 1 N N N Humana Inc 529900YLDW34GJAO4J06 444859102 22122.00000000 NS USD 5755480.74000000 1.124353793054 Long EC CORP US N 1 N N N PRIOTHERA LIMITED N/A 000000000 194134.00000000 NS 22.79000000 0.000004452108 Long EP CORP IE Y 3 N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 235851102 57277.00000000 NS USD 11355738.02000000 2.218384126800 Long EC CORP US N 1 N N N SHIRE ACQ INV IRELAND DA 549300XK5HGW68R8K327 82481LAD1 35000.00000000 PA USD 34727.50000000 0.006784141605 Long DBT CORP IE N 2 2026-09-23 Fixed 3.20000000 N N N N N N Community Health Systems Inc N/A 203668108 502243.00000000 NS USD 1612200.03000000 0.314949054784 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 91324PDP4 2560000.00000000 PA USD 2545992.91000000 0.497368841069 Long DBT CORP US N 2 2028-12-15 Fixed 3.88000000 N N N N N N Sandoz Group AG 5493000JWK6XWFEUD320 799926100 7614.00000000 NS USD 454022.82000000 0.088694985329 Long EC CORP CH N 1 N N N Teva Pharmaceutical Industries Ltd 549300BAFGM4RC74ZJ94 881624209 812718.00000000 NS USD 16416903.60000000 3.207100964579 Long EC CORP IL N 1 N N N Healthcare Realty Trust Inc 549300L0I14L7I0VLX84 42226K105 149567.00000000 NS USD 2696693.01000000 0.526808645787 Long EC US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 146879.00000000 NS USD 12327554.47000000 2.408231953780 Long EC CORP US N 1 N N N Healthpeak Properties Inc 254900M6MTMZM0I22L81 42250P103 279943.00000000 NS USD 5360908.45000000 1.047272681860 Long EC US N 1 N N N Royal Bank of Canada ES7IP3U3RHIGC71XBU11 000000000 1.00000000 NC 133498.51000000 0.026079412453 N/A DFE US N 2 Royal Bank of Canada ES7IP3U3RHIGC71XBU11 17129268.65000000 CHF 21685253.71000000 USD 2025-10-15 133498.51000000 N N N Options Clearing Corp. 549300CII6SLYGKNHA04 000000000 -213.00000000 NC USD -11715.00000000 -0.00228856724 N/A DE US N 1 Options Clearing Corp. 549300CII6SLYGKNHA04 Call Written Exact Sciences Corp. Exact Sciences Corp. 100.00000000 56.00000000 USD 2025-10-03 XXXX 2343.00000000 N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 532457108 24146.00000000 NS USD 18423398.00000000 3.599076837890 Long EC CORP US N 1 N N N CIGNA GROUP/THE 549300VIWYMSIGT1U456 125523CM0 3200000.00000000 PA USD 2879123.10000000 0.562447017789 Long DBT CORP US N 2 2031-03-15 Fixed 2.38000000 N N N N N N uniQure NV 724500RPCTZLFYJZ3S98 000000000 745632.00000000 NS USD 43522539.84000000 8.502284164099 Long EC CORP NL N 1 N N N Goldman Sachs International W22LROWP2IHZNBB6K528 000000000 1.00000000 NC 46081.64000000 0.009002213553 N/A DFE US N 2 Goldman Sachs International W22LROWP2IHZNBB6K528 121150489.03000000 DKK 19118242.60000000 USD 2025-10-15 46081.64000000 N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 110122108 126397.00000000 NS USD 5700504.70000000 1.113614026579 Long EC CORP US N 1 N N N Prenetics Global Ltd N/A 000000000 73621.00000000 NS USD 979159.30000000 0.191282279047 Long EC CORP KY N 1 N N N IMMUNIC INC. 549300R5T12FW5MEQB20 000000000 3108929.00000000 NS USD 2740831.81000000 0.535431318583 N/A DE US N 1 N/A N/A Call Purchased Immunic Inc Immunic Inc 1.00000000 1.00000000 USD 2099-12-31 XXXX 409445.95000000 N N N 2025-11-03 abrdn World Healthcare Fund Sharon Ferrari Sharon Ferrari Assistant Treasurer