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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
TCA
2576
Trifecta Capital Advisors
Illinois
$405K +$4.43K +29 +1%
PCFFS
2577
Pacific Center for Financial Services
California
$405K +$389K +2,543 New
CSWM
2578
Cassady Schiller Wealth Management
Ohio
$405K -$7.03K -46 -2%
RCG
2579
Rock Creek Group
District of Columbia
$404K -$11.8K -77 -3%
WC
2580
Waterloo Capital
Texas
$403K +$387K +2,529 New
PFM
2581
Phillips Financial Management
Indiana
$403K -$10.4K -68 -3%
TWM
2582
Tanager Wealth Management
United Kingdom
$401K +$37.5K +245 +11%
CAAM
2583
Cornerstone Advisors Asset Management
Pennsylvania
$401K
FC
2584
Financial Consulate
Maryland
$401K +$5.35K +35 +1%
HB
2585
Horizon Bancorp
Indiana
$400K
FC
2586
Fulcrum Capital
Washington
$399K +$151K +987 +65%
TC
2587
Trust Company
Kansas
$399K -$17K -111 -4%
FWM
2588
FFT Wealth Management
Pennsylvania
$398K
ES
2589
Eagle Strategies
New York
$398K +$26.4K +173 +7%
CWM
2590
Cahaba Wealth Management
Georgia
$398K +$1.07K +7 +0.3%
ESCM
2591
Echo Street Capital Management
New York
$396K +$380K +2,487 New
HC
2592
Henshaw Capital
Massachusetts
$394K
MLA
2593
My Legacy Advisors
Oregon
$394K +$373K +2,443 New
UC
2594
Unio Capital
New Jersey
$393K -$191K -1,250 -34%
CWM
2595
Circle Wealth Management
New Jersey
$391K
EBWM
2596
Eagle Bluffs Wealth Management
Missouri
$390K +$22.9K +150 +7%
DWM
2597
Destination Wealth Management
California
$389K +$94K +615 +34%
WJA
2598
Willis Johnson & Associates
Texas
$388K +$19.4K +127 +5%
AFP
2599
Alpha Financial Partners
Kentucky
$388K -$5.04K -33 -1%
RW
2600
Rede Wealth
Virginia
$387K +$3.67K +24 +1%

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.