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AbbVie

3,379 hedge funds and large institutions have $228B invested in AbbVie in 2024 Q1 according to their latest regulatory filings, with 220 funds opening new positions, 1,333 increasing their positions, 1,491 reducing their positions, and 115 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 220 | Existing positions closed: 115

29% more call options, than puts

Call options by funds: $3.29B | Put options by funds: $2.55B

15% more capital invested

Capital invested by funds: $198B → $228B (+$30.3B)

11% more funds holding in top 10

Funds holding in top 10: 202224 (+22)

2% more funds holding

Funds holding: 3,3223,379 (+57)

1.24% less ownership

Funds ownership: 72.3%71.05% (-1.2%)

11% less repeat investments, than reductions

Existing positions increased: 1,333 | Existing positions reduced: 1,491

Holders
3,379
Holders Change
+57
Holders Change %
+1.72%
% of All Funds
48.67%
Holding in Top 10
224
Holding in Top 10 Change
+22
Holding in Top 10 Change %
+10.89%
% of All Funds
3.23%
New
220
Increased
1,333
Reduced
1,491
Closed
115
Calls
$3.29B
Puts
$2.55B
Net Calls
+$735M
Net Calls Change
-$1.34B
Name Holding Trade Value Shares
Change
Change in
Stake
FMC
1026
First Merchants Corp
Indiana
$5.36M +$438K +2,544 +9%
BHA
1027
Beech Hill Advisors
New York
$5.36M +$6.03K +35 +0.1%
1SB
1028
1ST Source Bank
Indiana
$5.35M -$58.8K -341 -1%
HP
1029
HealthInvest Partners
Sweden
$5.34M +$1.4M +8,150 +38%
MIC
1030
Means Investment Company
Maine
$5.34M -$34K -197 -0.7%
KIC
1031
Kensington Investment Counsel
California
$5.33M +$292K +1,696 +6%
MMA
1032
Miracle Mile Advisors
California
$5.33M +$310K +1,801 +7%
PGAM
1033
Princeton Global Asset Management
New Jersey
$5.29M -$38.3K -222 -0.8%
SPC
1034
Spirepoint Private Client
Florida
$5.29M +$5.01M +29,044 New
EP
1035
Edgestream Partners
New Jersey
$5.28M -$1.08M -6,273 -18%
EI
1036
EDMP Inc
Florida
$5.26M +$9.13K +53 +0.2%
RWM
1037
Rockline Wealth Management
New York
$5.24M +$82.2K +477 +2%
TCA
1038
Trifecta Capital Advisors
Illinois
$5.24M +$4.56M +26,480 +1,159%
MIC
1039
Meridian Investment Counsel
California
$5.23M -$114K -661 -2%
BMA
1040
Brooks Moore & Associates
Tennessee
$5.23M -$14.6K -85 -0.3%
TCA
1041
Transcend Capital Advisors
New Jersey
$5.22M +$1.17M +6,775 +31%
CWM
1042
Compass Wealth Management
Connecticut
$5.21M +$100K +580 +2%
FCCM
1043
First City Capital Management
Georgia
$5.21M -$242K -1,406 -5%
DIP
1044
DT Investment Partners
Pennsylvania
$5.21M
OWA
1045
ORBA Wealth Advisors
Illinois
$5.19M -$286K -1,659 -6%
CP
1046
Cumberland Partners
Ontario, Canada
$5.18M +$4.9M +28,452 New
HWAM
1047
Hennion & Walsh Asset Management
New Jersey
$5.18M -$663K -3,848 -12%
UCMOK
1048
United Capital Management of KS
Kansas
$5.16M -$147K -853 -3%
BO
1049
Bank OZK
Arkansas
$5.15M -$80.8K -469 -2%
BMO
1050
Beck Mack & Oliver
New York
$5.15M -$210K -1,216 -4%

ABBV Hedge Fund Activity: Q1 2024 in Review

3,379 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2024, worth a combined $228B — up 15% from $198B a quarter earlier.

Buyers outnumbered sellers: 220 funds opened new ABBV positions and 115 closed out — a net gain of 105 holders — while 1,333 added to existing stakes and 1,491 trimmed.

The largest buyer was Vanguard Group, adding an estimated $1.72B. The largest seller was Morgan Stanley, cutting an estimated $5.68B.

  • 3,379 institutional investors held AbbVie (ABBV) as of Q1 2024, up from 3,322 in Q4 2023.
  • Funds reported $228B of AbbVie stock for Q1 2024, up 15% quarter-over-quarter.
  • 220 funds opened new AbbVie positions in Q1 2024 and 115 closed out, a net change of +105 holders.
  • The largest AbbVie buyer in Q1 2024 was Vanguard Group, an estimated $1.72B added.
  • The largest AbbVie seller in Q1 2024 was Morgan Stanley, an estimated $5.68B sold.

Based on aggregated 13F filings for Q1 2024.