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AbbVie

3,139 hedge funds and large institutions have $197B invested in AbbVie in 2023 Q1 according to their latest regulatory filings, with 158 funds opening new positions, 1,251 increasing their positions, 1,359 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $3.15B | Put options by funds: $2.04B

35% more first-time investments, than exits

New positions opened: 158 | Existing positions closed: 117

0.07% less ownership

Funds ownership: 69.85%69.77% (-0.07%)

1% less funds holding

Funds holding: 3,1683,139 (-29)

8% less repeat investments, than reductions

Existing positions increased: 1,251 | Existing positions reduced: 1,359

13% less funds holding in top 10

Funds holding in top 10: 348303 (-45)

23% less capital invested

Capital invested by funds: $255B → $197B (-$58.3B)

Holders
3,139
Holders Change
-29
Holders Change %
-0.92%
% of All Funds
50.02%
Holding in Top 10
303
Holding in Top 10 Change
-45
Holding in Top 10 Change %
-12.93%
% of All Funds
4.83%
New
158
Increased
1,251
Reduced
1,359
Closed
117
Calls
$3.15B
Puts
$2.04B
Net Calls
+$1.11B
Net Calls Change
+$1.25B
Name Holding Trade Value Shares
Change
Change in
Stake
HA
2551
Harfst & Associates
Wyoming
$427K
CF
2552
Corrigan Financial
Rhode Island
$427K -$19K -124 -4%
HFS
2553
Heritage Financial Services
Massachusetts
$427K -$20.3K -133 -5%
TWA
2554
Talisman Wealth Advisors
New Jersey
$426K +$65K +425 +19%
AA
2555
Aufman Associates
Pennsylvania
$425K -$10.2K -67 -2%
HIG
2556
Heritage Investment Group
Florida
$424K +$12.8K +84 +3%
BAM
2557
Byrne Asset Management
New Jersey
$424K +$21.4K +140 +6%
1WM
2558
1900 Wealth Management
Texas
$423K
PCM
2559
Presidio Capital Management
California
$421K -$17.4K -114 -4%
LCS
2560
Levin Capital Strategies
New York
$420K
FAFN
2561
First Affirmative Financial Network
Colorado
$420K +$9.17K +60 +2%
EGA
2562
Eagle Global Advisors
Texas
$420K
RA
2563
Rise Advisors
New York
$419K +$917 +6 +0.2%
MFG
2564
Mainsail Financial Group
Washington
$418K +$99.8K +653 +34%
TFP
2565
Tilia Fiduciary Partners
North Carolina
$418K
NL
2566
Navalign LLC
California
$418K +$306 +2 +0.1%
BAM
2567
Brave Asset Management
New Jersey
$417K +$15.3K +100 +4%
FMN
2568
Financial Management Network
California
$415K +$1.99K +13 +0.5%
JCM
2569
Jacobsen Capital Management
Utah
$415K +$398K +2,601 New
LSC
2570
Lesa Sroufe & Co
Washington
$414K
AAM
2571
Aureus Asset Management
Massachusetts
$413K
ACM
2572
Ardent Capital Management
Ohio
$412K
KPWG
2573
KFA Private Wealth Group
Virginia
$409K +$106K +694 +37%
HWM
2574
Hemington Wealth Management
Virginia
$407K +$5.66K +37 +1%
FPGK
2575
Financial Partners Group (Kansas)
Kansas
$407K +$32.1K +210 +9%

ABBV Hedge Fund Activity: Q1 2023 in Review

3,139 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2023, worth a combined $197B — down 23% from $255B a quarter earlier.

Buyers outnumbered sellers: 158 funds opened new ABBV positions and 117 closed out — a net gain of 41 holders — while 1,251 added to existing stakes and 1,359 trimmed.

The largest buyer was Charles Schwab, adding an estimated $1.91B. The largest seller was Capital International Investors, cutting an estimated $665M.

  • 3,139 institutional investors held AbbVie (ABBV) as of Q1 2023, down from 3,168 in Q4 2022.
  • Funds reported $197B of AbbVie stock for Q1 2023, down 23% quarter-over-quarter.
  • 158 funds opened new AbbVie positions in Q1 2023 and 117 closed out, a net change of +41 holders.
  • The largest AbbVie buyer in Q1 2023 was Charles Schwab, an estimated $1.91B added.
  • The largest AbbVie seller in Q1 2023 was Capital International Investors, an estimated $665M sold.

Based on aggregated 13F filings for Q1 2023.