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AbbVie

3,139 hedge funds and large institutions have $197B invested in AbbVie in 2023 Q1 according to their latest regulatory filings, with 158 funds opening new positions, 1,251 increasing their positions, 1,359 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $3.15B | Put options by funds: $2.04B

35% more first-time investments, than exits

New positions opened: 158 | Existing positions closed: 117

0.07% less ownership

Funds ownership: 69.85%69.77% (-0.07%)

1% less funds holding

Funds holding: 3,1683,139 (-29)

8% less repeat investments, than reductions

Existing positions increased: 1,251 | Existing positions reduced: 1,359

13% less funds holding in top 10

Funds holding in top 10: 348303 (-45)

23% less capital invested

Capital invested by funds: $255B → $197B (-$58.3B)

Holders
3,139
Holders Change
-29
Holders Change %
-0.92%
% of All Funds
50.02%
Holding in Top 10
303
Holding in Top 10 Change
-45
Holding in Top 10 Change %
-12.93%
% of All Funds
4.83%
New
158
Increased
1,251
Reduced
1,359
Closed
117
Calls
$3.15B
Puts
$2.04B
Net Calls
+$1.11B
Net Calls Change
+$1.25B
Name Holding Trade Value Shares
Change
Change in
Stake
FNBT
576
FineMark National Bank & Trust
Florida
$12.4M +$5.04M +32,990 +74%
BFEC
577
Benjamin F. Edwards & Company
Missouri
$12.4M +$753K +4,926 +7%
CT
578
Chicago Trust
Illinois
$12.3M +$1.4M +9,163 +13%
ZCM
579
Ziegler Capital Management
Illinois
$12.3M -$289K -1,888 -2%
CANC
580
Culbertson A N & Co
Virginia
$12.2M -$214K -1,397 -2%
LS
581
Livforsakringsbolaget Skandia
Sweden
$12.2M
HIMC
582
Heritage Investors Management Corp
Maryland
$12.2M -$257K -1,683 -2%
IHL
583
Investment House LLC
California
$12.2M -$73.8K -483 -0.6%
Aristotle Capital Management
584
Aristotle Capital Management
California
$12.1M -$1.25M -8,168 -10%
AG
585
Advocate Group
Minnesota
$12M -$460K -3,007 -4%
AAA
586
Adams Asset Advisors
Texas
$11.9M
BB
587
Busey Bank
Illinois
$11.9M -$287K -1,875 -2%
BIA
588
Biondo Investment Advisors
Pennsylvania
$11.9M +$72.8K +476 +0.6%
BCM
589
BTC Capital Management
Iowa
$11.9M +$42.7K +279 +0.4%
PFM
590
Premier Fund Managers
United Kingdom
$11.8M -$1.11M -7,254 -9%
BFS
591
Bard Financial Services
Connecticut
$11.8M -$38.2K -250 -0.3%
ZIG
592
Zuckerman Investment Group
Illinois
$11.8M -$40.5K -265 -0.4%
LIM
593
Leavell Investment Management
Alabama
$11.7M -$395K -2,583 -3%
LNC
594
Lincoln National Corp
Pennsylvania
$11.6M +$750K +4,907 +7%
PCA
595
Private Capital Advisors
Connecticut
$11.6M -$3.12M -20,433 -22%
IIM
596
Intact Investment Management
Quebec, Canada
$11.6M -$5.27M -34,500 -32%
PIM
597
Penobscot Investment Management
Massachusetts
$11.6M +$52.9K +346 +0.5%
TSW
598
Thompson Siegel & Walmsley
Virginia
$11.6M -$917 -6 -0%
ERIM
599
Eagle Ridge Investment Management
Connecticut
$11.6M -$142K -930 -1%
RBA
600
Richard Bernstein Advisors
New York
$11.6M

ABBV Hedge Fund Activity: Q1 2023 in Review

3,139 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2023, worth a combined $197B — down 23% from $255B a quarter earlier.

Buyers outnumbered sellers: 158 funds opened new ABBV positions and 117 closed out — a net gain of 41 holders — while 1,251 added to existing stakes and 1,359 trimmed.

The largest buyer was Charles Schwab, adding an estimated $1.91B. The largest seller was Capital International Investors, cutting an estimated $665M.

  • 3,139 institutional investors held AbbVie (ABBV) as of Q1 2023, down from 3,168 in Q4 2022.
  • Funds reported $197B of AbbVie stock for Q1 2023, down 23% quarter-over-quarter.
  • 158 funds opened new AbbVie positions in Q1 2023 and 117 closed out, a net change of +41 holders.
  • The largest AbbVie buyer in Q1 2023 was Charles Schwab, an estimated $1.91B added.
  • The largest AbbVie seller in Q1 2023 was Capital International Investors, an estimated $665M sold.

Based on aggregated 13F filings for Q1 2023.