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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
State Board of Administration of Florida Retirement System
76
State Board of Administration of Florida Retirement System
Florida
$124M -$14.3M -283,070 -11%
SC
77
Samlyn Capital
New York
$122M +$52M +1,029,431 +77%
EVM
78
Eaton Vance Management
Massachusetts
$121M -$2.23M -44,209 -2%
Barclays
79
Barclays
United Kingdom
$118M -$2.44M -48,248 -2%
BJ
80
BlackRock Japan
Japan
$117M +$4.9M +96,905 +4%
Luther King Capital Management (LKCM)
81
Luther King Capital Management (LKCM)
Texas
$117M +$366K +7,251 +0.3%
MTB
82
Mizuho Trust & Banking
Japan
$115M -$1.67M -33,073 -1%
FAM
83
Fred Alger Management
New York
$115M +$105M +2,073,643 +1,232%
DCM
84
Discovery Capital Management
Connecticut
$115M -$10.1M -200,500 -8%
GC
85
Guggenheim Capital
Illinois
$114M +$36.3M +718,829 +48%
American Century Companies
86
American Century Companies
Missouri
$110M -$151M -2,983,252 -58%
Westfield Capital Management
87
Westfield Capital Management
Massachusetts
$110M -$38.3M -757,482 -26%
HCM
88
Highline Capital Management
New York
$106M +$103M +2,035,500 +6,022%
BG
89
Bahl & Gaynor
Ohio
$106M +$791K +15,657 +0.8%
PPA
90
Parametric Portfolio Associates
Washington
$106M +$4.3M +85,159 +4%
AAMU
91
Amundi Asset Management US
Massachusetts
$105M +$433K +8,573 +0.4%
Jennison Associates
92
Jennison Associates
New York
$104M +$28.6M +564,933 +39%
KCM
93
Kames Capital Management
United Kingdom
$98.6M +$67.4M +1,333,854 +228%
Dimensional Fund Advisors
94
Dimensional Fund Advisors
Texas
$98.1M +$15.9M +314,878 +20%
Neuberger Berman Group
95
Neuberger Berman Group
New York
$97.2M -$126M -2,486,305 -57%
State of Wisconsin Investment Board
96
State of Wisconsin Investment Board
Wisconsin
$96M +$16.5M +326,420 +21%
EAM
97
Edge Asset Management
Washington
$95.6M +$1.98M +39,226 +2%
Millennium Management
98
Millennium Management
New York
$88.8M +$64.9M +1,284,689 +290%
State of Tennessee, Department of Treasury
99
State of Tennessee, Department of Treasury
Tennessee
$88.1M -$4.78M -94,562 -5%
CGT
100
Capital Guardian Trust
California
$87.9M +$38.6M +762,962 +81%

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.