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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
TH
1326
Timber Hill
Connecticut
$220K -$3.53M -69,863 -94%
BMC
1327
Benin Management Corp
Connecticut
$219K
VNA
1328
VNBTrust National Association
Virginia
$217K -$121K -2,400 -36%
DIP
1329
DT Investment Partners
Pennsylvania
$216K -$54.5K -1,078 -20%
ZTNA
1330
Zions Trust National Association
Utah
$216K +$10.1K +200 +5%
MIM
1331
Miller Investment Management
Pennsylvania
$213K
TIM
1332
Thompson Investment Management
Wisconsin
$212K +$15.2K +300 +8%
MA
1333
MCF Advisors
Kentucky
$210K +$152 +3 +0.1%
BAM
1334
Brave Asset Management
New Jersey
$208K
AHS
1335
Aspiriant Holdings S3
California
$207K -$10.1K -200 -5%
ASN
1336
Advisory Services Network
Georgia
$207K +$7.43K +147 +4%
CS
1337
Comerica Securities
Michigan
$207K +$203K +4,020 New
FCE
1338
Fiera Capital (Europe)
Cayman Islands
$204K +$10.2K +201 +5%
GIA
1339
Granite Investment Advisors
New Hampshire
$203K -$5.05K -100 -2%
PM
1340
Penbrook Management
New York
$203K
NIM
1341
Nexus Investment Management
Ontario, Canada
$200K -$27.3K -540 -12%
WFG
1342
Wills Financial Group
Virginia
$200K
Cohen & Steers
1343
Cohen & Steers
New York
$195K +$35.4K +700 +23%
ARMC
1344
American Research & Management Company
Massachusetts
$194K
GAM
1345
Gemmer Asset Management
California
$192K +$190K +3,752 New
DAM
1346
Delta Asset Management
Tennessee
$186K
NCM
1347
Nelson Capital Management
California
$179K +$10.6K +210 +6%
Manulife (Manufacturers Life Insurance)
1348
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$176K +$17.9M +354,537 +12%
PG
1349
PEAK6 Group
Illinois
$172K +$169K +3,344 New
W
1350
Wealthfront
California
$171K +$166K +3,282 New

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.