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AbbVie

1,296 hedge funds and large institutions have $49B invested in AbbVie in 2013 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 477 increasing their positions, 562 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

166% more call options, than puts

Call options by funds: $297M | Put options by funds: $111M

43% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 53

10% more capital invested

Capital invested by funds: $44.6B → $49B (+$4.47B)

8% more funds holding in top 10

Funds holding in top 10: 3942 (+3)

0.88% more ownership

Funds ownership: 68.14%69.02% (+0.88%)

1% more funds holding

Funds holding: 1,2861,296 (+10)

15% less repeat investments, than reductions

Existing positions increased: 477 | Existing positions reduced: 562

Holders
1,296
Holders Change
+10
Holders Change %
+0.78%
% of All Funds
42.02%
Holding in Top 10
42
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+7.69%
% of All Funds
1.36%
New
76
Increased
477
Reduced
562
Closed
53
Calls
$297M
Puts
$111M
Net Calls
+$185M
Net Calls Change
+$140M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$314M -$1.65M -37,262 -0.5%
BTS
27
BB&T Securities
Virginia
$312M +$748K +16,881 +2%
Goldman Sachs
28
Goldman Sachs
New York
$309M -$3.42M -77,132 -1%
Franklin Resources
29
Franklin Resources
California
$285M -$4.52M -101,873 -2%
CI Investments Inc
30
CI Investments Inc
Ontario, Canada
$283M -$7.98M -180,000 -3%
Capital International Investors
31
Capital International Investors
California
$274M +$31.5M +710,000 +13%
Morgan Stanley
32
Morgan Stanley
New York
$271M -$1.5M -33,730 -0.6%
BIM
33
BlackRock Investment Management
Delaware
$270M +$31.5M +709,585 +13%
Deutsche Bank
34
Deutsche Bank
Germany
$268M +$29.6M +667,989 +13%
Primecap Management
35
Primecap Management
California
$264M -$3.84M -86,700 -1%
BlackRock
36
BlackRock
New York
$259M -$11.3M -255,619 -4%
SF
37
Sarofim Fayez
Texas
$254M +$251M +5,672,880 New
American Century Companies
38
American Century Companies
Missouri
$241M -$32.8M -739,678 -12%
Schroder Investment Management Group
39
Schroder Investment Management Group
United Kingdom
$240M +$29.2M +657,870 +14%
EIP
40
Epoch Investment Partners
New York
$240M -$67M -1,512,585 -22%
Neuberger Berman Group
41
Neuberger Berman Group
New York
$227M -$3.25M -73,263 -1%
LSV Asset Management
42
LSV Asset Management
Illinois
$226M +$2.3M +51,820 +1%
PAM
43
Panagora Asset Management
Massachusetts
$225M -$28.2M -637,149 -11%
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$217M -$5.41M -122,100 -2%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$207M -$7.95M -179,400 -4%
Charles Schwab
46
Charles Schwab
California
$206M +$12.3M +276,530 +7%
Principal Financial Group
47
Principal Financial Group
Iowa
$202M +$1.92M +43,225 +1%
U
48
UBS
Switzerland
$199M +$35.5M +799,816 +22%
Massachusetts Financial Services
49
Massachusetts Financial Services
Massachusetts
$197M -$50.6M -1,141,722 -21%
Sumitomo Mitsui Trust Group
50
Sumitomo Mitsui Trust Group
Japan
$188M -$1.72M -38,814 -0.9%

ABBV Hedge Fund Activity: Q3 2013 in Review

1,296 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q3 2013, worth a combined $49B — up 10% from $44.6B a quarter earlier.

Buyers outnumbered sellers: 76 funds opened new ABBV positions and 53 closed out — a net gain of 23 holders — while 477 added to existing stakes and 562 trimmed.

The largest buyer was Vanguard Group, adding an estimated $136M. The largest seller was Capital Research Global Investors, cutting an estimated $125M.

  • 1,296 institutional investors held AbbVie (ABBV) as of Q3 2013, up from 1,286 in Q2 2013.
  • Funds reported $49B of AbbVie stock for Q3 2013, up 10% quarter-over-quarter.
  • 76 funds opened new AbbVie positions in Q3 2013 and 53 closed out, a net change of +23 holders.
  • The largest AbbVie buyer in Q3 2013 was Vanguard Group, an estimated $136M added.
  • The largest AbbVie seller in Q3 2013 was Capital Research Global Investors, an estimated $125M sold.

Based on aggregated 13F filings for Q3 2013.