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AbbVie

1,639 hedge funds and large institutions have $62.5B invested in AbbVie in 2016 Q1 according to their latest regulatory filings, with 109 funds opening new positions, 727 increasing their positions, 603 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 85

21% more repeat investments, than reductions

Existing positions increased: 727 | Existing positions reduced: 603

1.93% more ownership

Funds ownership: 68.01%69.94% (+1.9%)

3% more call options, than puts

Call options by funds: $651M | Put options by funds: $632M

0% more funds holding

Funds holding: 1,6361,639 (+3)

5% less capital invested

Capital invested by funds: $65.6B → $62.5B (-$3.06B)

16% less funds holding in top 10

Funds holding in top 10: 9681 (-15)

Holders
1,639
Holders Change
+3
Holders Change %
+0.18%
% of All Funds
43.66%
Holding in Top 10
81
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-15.63%
% of All Funds
2.16%
New
109
Increased
727
Reduced
603
Closed
85
Calls
$651M
Puts
$632M
Net Calls
+$18.4M
Net Calls Change
+$204M
Name Holding Trade Value Shares
Change
Change in
Stake
TRSOTSOK
326
Teachers Retirement System of the State of Kentucky
Kentucky
$12.7M
IRF
327
IBM Retirement Fund
New York
$12.6M -$10.4M -187,225 -46%
GIA
328
Guyasuta Investment Advisors
Pennsylvania
$12.6M +$205K +3,684 +2%
AFG
329
American Financial Group
Ohio
$12.6M
SFM
330
Systematic Financial Management
New Jersey
$12.5M -$394K -7,077 -3%
OPERF
331
Oregon Public Employees Retirement Fund
Oregon
$12.5M +$246K +4,408 +2%
FCI
332
Financial Counselors Inc
Kansas
$12.4M -$153K -2,740 -1%
NB
333
Norinchukin Bank
Japan
$12.4M -$56.6K -1,016 -0.5%
IA
334
Icon Advisers
Colorado
$12.3M -$1.78M -32,000 -13%
AIA
335
Avalon Investment & Advisory
Texas
$12.3M +$224K +4,026 +2%
MSA
336
Mason Street Advisors
Wisconsin
$12.3M +$58.9K +1,057 +0.5%
PA
337
Pinnacle Associates
New York
$12.2M -$98.9K -1,774 -0.8%
CIBC Asset Management
338
CIBC Asset Management
Ontario, Canada
$12.1M +$3.63M +65,115 +44%
Janus Henderson Group
339
Janus Henderson Group
United Kingdom
$12M +$173K +3,098 +1%
CSIC
340
Clifford Swan Investment Counsel
California
$12M -$93.4K -1,676 -0.8%
RIL
341
Rothschild Investment LLC
Illinois
$12M +$365K +6,540 +3%
FNF
342
Fidelity National Financial
Florida
$11.9M
CCM
343
Cadence Capital Management
Massachusetts
$11.9M -$823K -14,771 -7%
ASA
344
Armstrong Shaw Associates
Connecticut
$11.8M -$736K -13,200 -6%
CM
345
Churchill Management
California
$11.8M +$11.5M +206,425 New
IWA
346
Inspirion Wealth Advisors
Illinois
$11.7M +$274K +4,922 +2%
DnB Asset Management
347
DnB Asset Management
Norway
$11.7M +$16.7K +300 +0.1%
GCC
348
Guardian Capital (Canada)
Ontario, Canada
$11.7M -$372K -6,669 -3%
MHIC
349
Marble Harbor Investment Counsel
Massachusetts
$11.6M +$160K +2,870 +1%
LS
350
Livforsakringsbolaget Skandia
Sweden
$11.4M

ABBV Hedge Fund Activity: Q1 2016 in Review

1,639 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2016, worth a combined $62.5B — down 4.7% from $65.6B a quarter earlier.

Buyers outnumbered sellers: 109 funds opened new ABBV positions and 85 closed out — a net gain of 24 holders — while 727 added to existing stakes and 603 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $1.24B. The largest seller was Fidelity Investments, cutting an estimated $1.01B.

  • 1,639 institutional investors held AbbVie (ABBV) as of Q1 2016, up from 1,636 in Q4 2015.
  • Funds reported $62.5B of AbbVie stock for Q1 2016, down 4.7% quarter-over-quarter.
  • 109 funds opened new AbbVie positions in Q1 2016 and 85 closed out, a net change of +24 holders.
  • The largest AbbVie buyer in Q1 2016 was Royal London Asset Management, an estimated $1.24B added.
  • The largest AbbVie seller in Q1 2016 was Fidelity Investments, an estimated $1.01B sold.

Based on aggregated 13F filings for Q1 2016.