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AbbVie

1,423 hedge funds and large institutions have $56.7B invested in AbbVie in 2014 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 493 increasing their positions, 656 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more call options, than puts

Call options by funds: $323M | Put options by funds: $156M

7% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 67

0.09% less ownership

Funds ownership: 69.06%68.97% (-0.09%)

1% less funds holding

Funds holding: 1,4341,423 (-11)

3% less capital invested

Capital invested by funds: $58.2B → $56.7B (-$1.49B)

14% less funds holding in top 10

Funds holding in top 10: 5951 (-8)

25% less repeat investments, than reductions

Existing positions increased: 493 | Existing positions reduced: 656

Holders
1,423
Holders Change
-11
Holders Change %
-0.77%
% of All Funds
41.09%
Holding in Top 10
51
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-13.56%
% of All Funds
1.47%
New
72
Increased
493
Reduced
656
Closed
67
Calls
$323M
Puts
$156M
Net Calls
+$167M
Net Calls Change
-$33M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$352M -$6.37M -126,123 -2%
BTS
27
BB&T Securities
Virginia
$351M -$2.3M -45,522 -6%
Allianz Asset Management
28
Allianz Asset Management
Germany
$341M -$96.5M -1,909,369 -22%
JP Morgan Chase
29
JP Morgan Chase
New York
$338M -$26.9M -532,194 -7%
Primecap Management
30
Primecap Management
California
$326M +$24.5M +485,052 +8%
BlackRock
31
BlackRock
New York
$324M -$4.74M -93,759 -1%
Fidelity International
32
Fidelity International
Bermuda
$306M +$80.7M +1,596,236 +37%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$301M +$114M +2,262,977 +63%
Franklin Resources
34
Franklin Resources
California
$281M -$9.88M -195,546 -3%
Fayez Sarofim & Co
35
Fayez Sarofim & Co
Texas
$275M -$4.71M -93,150 -2%
EIP
36
Epoch Investment Partners
New York
$269M +$4.35M +86,142 +2%
Arrowstreet Capital
37
Arrowstreet Capital
Massachusetts
$263M +$71.7M +1,418,020 +38%
Schroder Investment Management Group
38
Schroder Investment Management Group
United Kingdom
$263M +$43M +851,329 +20%
O
39
OrbiMed
New York
$246M +$52.2M +1,032,900 +27%
O
40
OppenheimerFunds
New York
$244M -$2M -39,502 -0.8%
Deutsche Bank
41
Deutsche Bank
Germany
$242M -$50.4M -997,271 -17%
AIM
42
abrdn Investment Management
United Kingdom
$242M +$57.4M +1,135,382 +32%
Boston Partners
43
Boston Partners
Massachusetts
$241M +$29.1M +574,865 +14%
Charles Schwab
44
Charles Schwab
California
$237M +$6.3M +124,724 +3%
PNC Financial Services Group
45
PNC Financial Services Group
Pennsylvania
$233M -$5.29M -104,580 -2%
New York State Common Retirement Fund
46
New York State Common Retirement Fund
New York
$232M +$153K +3,025 +0.1%
Principal Financial Group
47
Principal Financial Group
Iowa
$226M +$12.6M +249,445 +6%
HSBC Holdings
48
HSBC Holdings
United Kingdom
$220M +$10.8M +212,916 +5%
CI Investments Inc
49
CI Investments Inc
Ontario, Canada
$218M -$23.5M -464,100 -10%
MAA
50
Managed Account Advisors
New Jersey
$216M -$13M -257,208 -6%

ABBV Hedge Fund Activity: Q1 2014 in Review

1,423 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2014, worth a combined $56.7B — down 2.6% from $58.2B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new ABBV positions and 67 closed out — a net gain of 5 holders — while 493 added to existing stakes and 656 trimmed.

The largest buyer was Capital International Investors, adding an estimated $177M. The largest seller was T. Rowe Price Associates, cutting an estimated $249M.

  • 1,423 institutional investors held AbbVie (ABBV) as of Q1 2014, down from 1,434 in Q4 2013.
  • Funds reported $56.7B of AbbVie stock for Q1 2014, down 2.6% quarter-over-quarter.
  • 72 funds opened new AbbVie positions in Q1 2014 and 67 closed out, a net change of +5 holders.
  • The largest AbbVie buyer in Q1 2014 was Capital International Investors, an estimated $177M added.
  • The largest AbbVie seller in Q1 2014 was T. Rowe Price Associates, an estimated $249M sold.

Based on aggregated 13F filings for Q1 2014.