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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
JAG
651
Journey Advisory Group
Kentucky
$9.93M +$1.31M +8,579 +16%
BFIC
652
Bedell Frazier Investment Counselling
California
$9.9M +$255K +1,669 +3%
ECM
653
Evergreen Capital Management
Washington
$9.82M +$256K +1,672 +3%
RMSCM
654
R.M. Sincerbeaux Capital Management
New York
$9.76M
CAM
655
Carret Asset Management
New York
$9.72M -$651K -4,255 -7%
FCH
656
Freestone Capital Holdings
Washington
$9.72M -$5.35K -35 -0.1%
NWM
657
NEIRG Wealth Management
Massachusetts
$9.67M -$317K -2,071 -3%
BWL
658
Bogart Wealth LLC
Virginia
$9.62M -$1.9M -12,413 -17%
AAIM
659
American Assets Investment Management
California
$9.61M
TW
660
TrinityPoint Wealth
Connecticut
$9.6M +$201K +1,314 +2%
SSA
661
Schonfeld Strategic Advisors
New York
$9.54M +$147K +964 +2%
WSTAM
662
Wilbanks Smith & Thomas Asset Management
Virginia
$9.53M +$1.09M +7,103 +13%
WP
663
WealthPLAN Partners
Nebraska
$9.48M -$9M -58,850 -50%
ISB
664
Iowa State Bank
Iowa
$9.44M -$698K -4,566 -7%
PAM
665
Palisade Asset Management
Minnesota
$9.44M -$2.23M -14,614 -20%
FFM
666
Forum Financial Management
Illinois
$9.4M +$64.2K +420 +0.7%
SFG
667
Sather Financial Group
Texas
$9.37M
BAM
668
Belpointe Asset Management
Nevada
$9.35M -$362K -2,366 -4%
VIM
669
Vinva Investment Management
Australia
$9.32M +$9.02M +59,014 New
HFS
670
Hantz Financial Services
Michigan
$9.27M +$86.5K +566 +1%
BDA
671
Borer Denton & Associates
Pennsylvania
$9.25M +$76.9K +503 +0.9%
NC
672
Nicholas Company
Wisconsin
$9.23M +$1.23M +8,065 +16%
WDL
673
Well Done LLC
Michigan
$9.22M -$153 -1 -0%
IWC
674
Integrated Wealth Concepts
Massachusetts
$9.22M +$3.67M +23,978 +71%
CB
675
Community Bank
New York
$9.21M +$135K +886 +2%

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.