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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
HCM
26
Highfields Capital Management
Massachusetts
$455M +$115M +2,054,339 +35%
T. Rowe Price Associates
27
T. Rowe Price Associates
Maryland
$448M -$59.6M -1,069,896 -12%
UBS Group
28
UBS Group
Switzerland
$442M +$30M +537,572 +7%
O
29
OrbiMed
New York
$422M -$2.94M -52,800 -0.7%
Legal & General Group
30
Legal & General Group
United Kingdom
$411M -$12.1M -216,926 -3%
Ameriprise
31
Ameriprise
Minnesota
$388M +$35.5M +637,356 +10%
JP Morgan Chase
32
JP Morgan Chase
New York
$366M +$8.02M +143,902 +2%
VOYA Investment Management
33
VOYA Investment Management
Georgia
$352M +$297M +5,325,857 +642%
Goldman Sachs
34
Goldman Sachs
New York
$342M -$54.5M -978,064 -14%
Franklin Resources
35
Franklin Resources
California
$321M +$6.44M +115,458 +2%
BA
36
BlackRock Advisors
Delaware
$314M -$104M -1,866,173 -25%
Capital International Investors
37
Capital International Investors
California
$299M -$16.4M -293,520 -5%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$296M +$40M +717,136 +16%
LSV Asset Management
39
LSV Asset Management
Illinois
$284M +$58.4M +1,048,600 +27%
OAG
40
Orbis Allan Gray
Bermuda
$282M +$275M +4,932,868 New
Charles Schwab
41
Charles Schwab
California
$281M +$6.59M +118,225 +2%
BIM
42
BlackRock Investment Management
Delaware
$280M -$83.7M -1,501,611 -23%
PNC Financial Services Group
43
PNC Financial Services Group
Pennsylvania
$280M -$1.21M -21,750 -0.4%
UBS AM
44
UBS AM
Illinois
$280M -$84.8M -1,520,644 -24%
Capital World Investors
45
Capital World Investors
California
$274M +$178M +3,200,000 +200%
D.E. Shaw & Co
46
D.E. Shaw & Co
New York
$269M -$90.4M -1,622,594 -26%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$267M +$4.53M +81,339 +2%
Fayez Sarofim & Co
48
Fayez Sarofim & Co
Texas
$258M +$4.97M +89,220 +2%
AllianceBernstein
49
AllianceBernstein
Tennessee
$247M -$46.6M -835,921 -16%
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$242M -$7.17M -128,700 -3%

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.