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AbbVie

3,379 hedge funds and large institutions have $228B invested in AbbVie in 2024 Q1 according to their latest regulatory filings, with 220 funds opening new positions, 1,333 increasing their positions, 1,491 reducing their positions, and 115 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 220 | Existing positions closed: 115

29% more call options, than puts

Call options by funds: $3.29B | Put options by funds: $2.55B

15% more capital invested

Capital invested by funds: $198B → $228B (+$30.3B)

11% more funds holding in top 10

Funds holding in top 10: 202224 (+22)

2% more funds holding

Funds holding: 3,3223,379 (+57)

1.24% less ownership

Funds ownership: 72.3%71.05% (-1.2%)

11% less repeat investments, than reductions

Existing positions increased: 1,333 | Existing positions reduced: 1,491

Holders
3,379
Holders Change
+57
Holders Change %
+1.72%
% of All Funds
48.67%
Holding in Top 10
224
Holding in Top 10 Change
+22
Holding in Top 10 Change %
+10.89%
% of All Funds
3.23%
New
220
Increased
1,333
Reduced
1,491
Closed
115
Calls
$3.29B
Puts
$2.55B
Net Calls
+$735M
Net Calls Change
-$1.34B
Name Holding Trade Value Shares
Change
Change in
Stake
NPFS
3076
Novak & Powell Financial Services
Florida
$253K
TCM
3077
TruNorth Capital Management
Michigan
$252K +$239K +1,386 New
HWP
3078
Heritage Wealth Partners
Ohio
$252K
RFN
3079
Redwood Financial Network
Ohio
$252K +$345 +2 +0.1%
SWM
3080
Scissortail Wealth Management
Oklahoma
$251K -$4.23M -24,553 -95%
SPWG
3081
Sage Private Wealth Group
Illinois
$251K +$237K +1,377 New
DCM
3082
Driehaus Capital Management
Illinois
$251K +$237K +1,376 New
MFA
3083
Morling Financial Advisors
California
$251K -$43.4K -252 -15%
PF
3084
Parker Financial
Washington
$250K -$20.9K -121 -8%
CCG
3085
Coastwise Capital Group
California
$250K +$1.55K +9 +0.7%
CIS
3086
Custom Index Systems
New York
$250K -$117K -680 -33%
FI
3087
Financial Insights
Washington
$250K +$237K +1,373 New
SWM
3088
Seed Wealth Management
Illinois
$249K
SCM
3089
SOL Capital Management
Maryland
$249K
GHA
3090
Granite Harbor Advisors
Texas
$249K +$236K +1,367 New
KW
3091
KWB Wealth
California
$248K
LAM
3092
Lifestyle Asset Management
Texas
$248K -$19K -110 -7%
LAM
3093
LifePro Asset Management
California
$248K +$235K +1,361 New
CWA
3094
Centennial Wealth Advisory
Michigan
$248K +$234K +1,359 New
AIC
3095
Argus Investors Counsel
New York
$247K +$234K +1,359 New
4WM
3096
4J Wealth Management
Virginia
$247K
SW
3097
SMART Wealth
Nebraska
$247K +$234K +1,358 New
EL
3098
EWA LLC
Pennsylvania
$247K +$265K +1,536 New
PFG
3099
Pinnacle Financial Group
Illinois
$247K
IGGA
3100
Iron Gate Global Advisors
Utah
$247K +$237K +1,375 New

ABBV Hedge Fund Activity: Q1 2024 in Review

3,379 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2024, worth a combined $228B — up 15% from $198B a quarter earlier.

Buyers outnumbered sellers: 220 funds opened new ABBV positions and 115 closed out — a net gain of 105 holders — while 1,333 added to existing stakes and 1,491 trimmed.

The largest buyer was Vanguard Group, adding an estimated $1.72B. The largest seller was Morgan Stanley, cutting an estimated $5.68B.

  • 3,379 institutional investors held AbbVie (ABBV) as of Q1 2024, up from 3,322 in Q4 2023.
  • Funds reported $228B of AbbVie stock for Q1 2024, up 15% quarter-over-quarter.
  • 220 funds opened new AbbVie positions in Q1 2024 and 115 closed out, a net change of +105 holders.
  • The largest AbbVie buyer in Q1 2024 was Vanguard Group, an estimated $1.72B added.
  • The largest AbbVie seller in Q1 2024 was Morgan Stanley, an estimated $5.68B sold.

Based on aggregated 13F filings for Q1 2024.