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AbbVie

1,639 hedge funds and large institutions have $62.5B invested in AbbVie in 2016 Q1 according to their latest regulatory filings, with 109 funds opening new positions, 727 increasing their positions, 603 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 85

21% more repeat investments, than reductions

Existing positions increased: 727 | Existing positions reduced: 603

1.93% more ownership

Funds ownership: 68.01%69.94% (+1.9%)

3% more call options, than puts

Call options by funds: $651M | Put options by funds: $632M

0% more funds holding

Funds holding: 1,6361,639 (+3)

5% less capital invested

Capital invested by funds: $65.6B → $62.5B (-$3.06B)

16% less funds holding in top 10

Funds holding in top 10: 9681 (-15)

Holders
1,639
Holders Change
+3
Holders Change %
+0.18%
% of All Funds
43.66%
Holding in Top 10
81
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-15.63%
% of All Funds
2.16%
New
109
Increased
727
Reduced
603
Closed
85
Calls
$651M
Puts
$632M
Net Calls
+$18.4M
Net Calls Change
+$204M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
1376
Canal Capital Management
Virginia
$356K +$347K +6,227 New
LC
1377
Lourd Capital
California
$351K +$18.6K +334 +6%
PFS
1378
Physicians Financial Services
North Carolina
$350K +$111 +2 +0%
BWFM
1379
Bridgewater Wealth & Financial Management
Maryland
$349K +$123K +2,201 +56%
HEIP
1380
Hudson Edge Investment Partners
New Jersey
$347K -$104K -1,865 -24%
GLI
1381
Guardian Life Insurance
New York
$345K -$95.4K -1,712 -22%
EBSAM
1382
Eubel Brady & Suttman Asset Management
Ohio
$345K
CFS
1383
Commonwealth Financial Services
West Virginia
$344K -$134K -2,404 -29%
PL
1384
Plancorp LLC
Missouri
$342K -$343K -6,153 -51%
SRIM
1385
Saratoga Research & Investment Management
California
$340K
RIG
1386
Roosevelt Investment Group
New York
$339K -$9.75K -175 -3%
PIA
1387
Peachtree Investment Advisors
Georgia
$339K
FAM
1388
Formidable Asset Management
Ohio
$338K
PHAM
1389
Palisades Hudson Asset Management
Florida
$338K
VC
1390
Vicus Capital
Pennsylvania
$338K +$86.8K +1,557 +36%
WA
1391
Wealth Architects
California
$337K -$1.39K -25 -0.4%
HL
1392
HeadInvest LLC
Maine
$336K
BSB
1393
Bangor Savings Bank
Maine
$335K +$12.9K +231 +4%
OA
1394
Outfitter Advisors
Virginia
$333K
HWA
1395
Heritage Wealth Advisors
Virginia
$331K
Kayne Anderson Rudnick Investment Management
1396
Kayne Anderson Rudnick Investment Management
California
$331K
HA
1397
Harfst & Associates
Wyoming
$329K -$5.8K -104 -2%
WPW
1398
Waldron Private Wealth
Pennsylvania
$327K +$5.74K +103 +2%
LFA
1399
Landmark Financial Advisors
Kentucky
$327K +$11.3K +203 +4%
MCTIC
1400
MacGuire Cheswick & Tuttle Investment Counsel
Connecticut
$326K -$50.2K -900 -14%

ABBV Hedge Fund Activity: Q1 2016 in Review

1,639 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2016, worth a combined $62.5B — down 4.7% from $65.6B a quarter earlier.

Buyers outnumbered sellers: 109 funds opened new ABBV positions and 85 closed out — a net gain of 24 holders — while 727 added to existing stakes and 603 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $1.24B. The largest seller was Fidelity Investments, cutting an estimated $1.01B.

  • 1,639 institutional investors held AbbVie (ABBV) as of Q1 2016, up from 1,636 in Q4 2015.
  • Funds reported $62.5B of AbbVie stock for Q1 2016, down 4.7% quarter-over-quarter.
  • 109 funds opened new AbbVie positions in Q1 2016 and 85 closed out, a net change of +24 holders.
  • The largest AbbVie buyer in Q1 2016 was Royal London Asset Management, an estimated $1.24B added.
  • The largest AbbVie seller in Q1 2016 was Fidelity Investments, an estimated $1.01B sold.

Based on aggregated 13F filings for Q1 2016.