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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
FTA
976
Financial & Tax Architects
Missouri
$5.16M +$263K +1,722 +6%
JWBC
977
J.W. Burns & Co
New York
$5.15M +$102K +668 +2%
CCG
978
Chatham Capital Group
Georgia
$5.14M -$155K -1,015 -3%
PWP
979
Principle Wealth Partners
Connecticut
$5.14M -$342K -2,239 -6%
RC
980
Roundview Capital
New Jersey
$5.14M +$50.6K +331 +1%
HKIM
981
Hayek Kallen Investment Management
Alabama
$5.13M +$22.9K +150 +0.5%
TNB
982
Thomasville National Bank
Georgia
$5.12M -$75.7K -495 -2%
MMA
983
Miracle Mile Advisors
California
$5.11M +$124K +812 +3%
BHA
984
Beech Hill Advisors
New York
$5.1M -$76.4K -500 -2%
GCMG
985
Gyroscope Capital Management Group
Florida
$5.1M +$13.1K +86 +0.3%
SC
986
Schulhoff & Co
Ohio
$5.09M -$7.64K -50 -0.2%
SOAMC
987
Spirit of America Management Corp
New York
$5.09M -$612K -4,000 -11%
IAS
988
Investment Advisory Services
Texas
$5.09M -$36.8K -241 -0.7%
GIA
989
Guyasuta Investment Advisors
Pennsylvania
$5.09M -$23.4K -153 -0.5%
Wealth Enhancement Advisory Services
990
Wealth Enhancement Advisory Services
Minnesota
$5.09M +$4.88M +31,912 New
LCM
991
Liberty Capital Management
Michigan
$5.08M -$32.4K -212 -0.7%
QPWM
992
Quadrant Private Wealth Management
Pennsylvania
$5.07M -$1.68K -11 -0%
EFS
993
Essex Financial Services
Connecticut
$5.05M -$949K -6,207 -16%
EI
994
EDMP Inc
Florida
$5.04M -$130K -848 -3%
HTHT
995
Hemenway Trust Hemenway Trust
New Hampshire
$5.04M -$286K -1,872 -6%
KCM
996
Kendall Capital Management
Maryland
$5.02M +$53.1K +347 +1%
CT
997
Caldwell Trust
Florida
$4.99M -$26K -170 -0.5%
MFG
998
Merit Financial Group
Georgia
$4.99M -$276K -1,804 -5%
ACM
999
Alpha Capital Management
Texas
$4.98M
BEI
1000
Benjamin Edwards Inc
Missouri
$4.97M +$556K +3,638 +13%

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.