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AbbVie

1,798 hedge funds and large institutions have $99.5B invested in AbbVie in 2017 Q3 according to their latest regulatory filings, with 123 funds opening new positions, 596 increasing their positions, 824 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 68

36% more funds holding in top 10

Funds holding in top 10: 118160 (+42)

24% more capital invested

Capital invested by funds: $80.1B → $99.5B (+$19.4B)

17% more call options, than puts

Call options by funds: $1.25B | Put options by funds: $1.07B

2% more funds holding

Funds holding: 1,7631,798 (+35)

0.86% more ownership

Funds ownership: 69.41%70.28% (+0.86%)

28% less repeat investments, than reductions

Existing positions increased: 596 | Existing positions reduced: 824

Holders
1,798
Holders Change
+35
Holders Change %
+1.99%
% of All Funds
44.82%
Holding in Top 10
160
Holding in Top 10 Change
+42
Holding in Top 10 Change %
+35.59%
% of All Funds
3.99%
New
123
Increased
596
Reduced
824
Closed
68
Calls
$1.25B
Puts
$1.07B
Net Calls
+$178M
Net Calls Change
+$16.4M
Name Holding Trade Value Shares
Change
Change in
Stake
LSV Asset Management
26
LSV Asset Management
Illinois
$608M +$16.3M +214,187 +3%
T. Rowe Price Associates
27
T. Rowe Price Associates
Maryland
$593M +$71.5M +939,171 +16%
Jennison Associates
28
Jennison Associates
New York
$544M +$466M +6,126,689 New
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$533M +$22.1M +290,088 +5%
UBS AM
30
UBS AM
Illinois
$527M -$35.7M -469,164 -7%
Swiss National Bank
31
Swiss National Bank
Switzerland
$522M +$3.54M +46,500 +0.8%
Invesco
32
Invesco
Georgia
$512M +$6.24M +82,034 +1%
Charles Schwab
33
Charles Schwab
California
$490M +$21.6M +283,566 +5%
AllianceBernstein
34
AllianceBernstein
Tennessee
$486M +$134M +1,757,356 +47%
Prudential Financial
35
Prudential Financial
New Jersey
$476M -$8.28M -108,710 -2%
GCM
36
Glenview Capital Management
New York
$475M -$58.5M -768,838 -13%
Bank of Montreal
37
Bank of Montreal
Ontario, Canada
$450M +$223M +2,928,287 +137%
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$426M +$234K +3,078 +0.1%
Aristotle Capital Management
39
Aristotle Capital Management
California
$412M +$293K +3,854 +0.1%
PP
40
Prudential plc
United Kingdom
$410M -$142M -1,860,682 -29%
Deutsche Bank
41
Deutsche Bank
Germany
$408M -$109M -1,428,337 -24%
Sumitomo Mitsui Trust Group
42
Sumitomo Mitsui Trust Group
Japan
$400M -$4.94M -64,892 -1%
RJA
43
Raymond James & Associates
Florida
$395M -$57.1M -750,093 -14%
Franklin Resources
44
Franklin Resources
California
$372M -$16.9M -222,257 -5%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$369M +$1.31M +17,195 +0.4%
California Public Employees Retirement System
46
California Public Employees Retirement System
California
$367M +$13.5M +177,027 +4%
Dimensional Fund Advisors
47
Dimensional Fund Advisors
Texas
$358M +$1.11M +14,595 +0.4%
WIM
48
Woodford Investment Management
United Kingdom
$344M -$607M -7,979,400 -67%
AQR Capital Management
49
AQR Capital Management
Connecticut
$332M +$217M +2,845,510 +318%
Fayez Sarofim & Co
50
Fayez Sarofim & Co
Texas
$329M -$249K -3,269 -0.1%

ABBV Hedge Fund Activity: Q3 2017 in Review

1,798 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q3 2017, worth a combined $99.5B — up 24% from $80.1B a quarter earlier.

Buyers outnumbered sellers: 123 funds opened new ABBV positions and 68 closed out — a net gain of 55 holders — while 596 added to existing stakes and 824 trimmed.

The largest buyer was Capital World Investors, adding an estimated $896M. The largest seller was Woodford Investment Management, cutting an estimated $607M.

  • 1,798 institutional investors held AbbVie (ABBV) as of Q3 2017, up from 1,763 in Q2 2017.
  • Funds reported $99.5B of AbbVie stock for Q3 2017, up 24% quarter-over-quarter.
  • 123 funds opened new AbbVie positions in Q3 2017 and 68 closed out, a net change of +55 holders.
  • The largest AbbVie buyer in Q3 2017 was Capital World Investors, an estimated $896M added.
  • The largest AbbVie seller in Q3 2017 was Woodford Investment Management, an estimated $607M sold.

Based on aggregated 13F filings for Q3 2017.