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AbbVie

1,605 hedge funds and large institutions have $61.7B invested in AbbVie in 2015 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 623 increasing their positions, 680 reducing their positions, and 110 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more call options, than puts

Call options by funds: $1.2B | Put options by funds: $907M

8% less repeat investments, than reductions

Existing positions increased: 623 | Existing positions reduced: 680

3% less funds holding

Funds holding: 1,6531,605 (-48)

6.53% less ownership

Funds ownership: 75.37%68.84% (-6.5%)

23% less capital invested

Capital invested by funds: $80.2B → $61.7B (-$18.5B)

30% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 110

38% less funds holding in top 10

Funds holding in top 10: 14288 (-54)

Holders
1,605
Holders Change
-48
Holders Change %
-2.9%
% of All Funds
44.79%
Holding in Top 10
88
Holding in Top 10 Change
-54
Holding in Top 10 Change %
-38.03%
% of All Funds
2.46%
New
77
Increased
623
Reduced
680
Closed
110
Calls
$1.2B
Puts
$907M
Net Calls
+$292M
Net Calls Change
+$17.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Brown Advisory
126
Brown Advisory
Maryland
$73.3M +$1.82M +27,922 +2%
Bank of Montreal
127
Bank of Montreal
Ontario, Canada
$72.5M +$6.25M +95,983 +8%
Canada Life
128
Canada Life
Manitoba, Canada
$72.2M +$17.9M +274,927 +26%
KeyBank National Association
129
KeyBank National Association
Ohio
$71.6M +$318K +4,878 +0.4%
Retirement Systems of Alabama
130
Retirement Systems of Alabama
Alabama
$71.1M -$5.51M -84,697 -6%
CLM
131
ClearBridge LLC (Maryland)
Maryland
$70.2M -$301K -4,631 -0.4%
HCM
132
Highbridge Capital Management
New York
$70.1M +$36M +552,478 +75%
IGIM
133
I.G. Investment Management
Manitoba, Canada
$69.8M -$18.5M -284,797 -18%
Fifth Third Bancorp
134
Fifth Third Bancorp
Ohio
$69.5M +$2.44M +37,529 +3%
Lord, Abbett & Co
135
Lord, Abbett & Co
New Jersey
$68.4M -$71.3M -1,095,632 -47%
GIA
136
Gateway Investment Advisers
Ohio
$67.7M +$1.04M +16,038 +1%
AQR Capital Management
137
AQR Capital Management
Connecticut
$66.7M -$146M -2,241,420 -65%
Ohio Public Employees Retirement System (OPERS)
138
Ohio Public Employees Retirement System (OPERS)
Ohio
$66.5M -$4.08M -62,747 -5%
PA
139
Profund Advisors
Maryland
$64.9M -$7.68M -117,914 -9%
Korea Investment Corp
140
Korea Investment Corp
South Korea
$64.7M +$13.8M +212,278 +22%
CI
141
Cincinnati Insurance
Ohio
$63M
SIA
142
Sit Investment Associates
Minnesota
$61.4M +$18.2M +279,350 +33%
Comerica Bank
143
Comerica Bank
Texas
$58.8M -$31.9M -489,753 -31%
EPFB
144
Employees Provident Fund Board
Malaysia
$57.7M +$39.7M +610,467 +99%
First Eagle Investment Management
145
First Eagle Investment Management
New York
$57.5M +$24.6M +377,850 +56%
NFA
146
Nationwide Fund Advisors
Ohio
$57.4M -$521K -7,997 -0.8%
ClearBridge Investments
147
ClearBridge Investments
New York
$57.4M -$7.91M -121,543 -10%
Credit Agricole
148
Credit Agricole
France
$57.4M +$2.9M +44,568 +4%
Aviva
149
Aviva
United Kingdom
$56.6M -$3.04M -46,741 -4%
GT
150
Glenmede Trust
Pennsylvania
$56.5M -$997K -15,319 -1%

ABBV Hedge Fund Activity: Q3 2015 in Review

1,605 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q3 2015, worth a combined $61.7B — down 23% from $80.2B a quarter earlier.

Sellers outnumbered buyers: 110 funds closed out of ABBV and 77 opened new positions — a net loss of 33 holders — while 680 trimmed existing stakes and 623 added.

The largest buyer was Bank of America, adding an estimated $549M. The largest seller was Morgan Stanley, cutting an estimated $1.44B.

  • 1,605 institutional investors held AbbVie (ABBV) as of Q3 2015, down from 1,653 in Q2 2015.
  • Funds reported $61.7B of AbbVie stock for Q3 2015, down 23% quarter-over-quarter.
  • 77 funds opened new AbbVie positions in Q3 2015 and 110 closed out, a net change of -33 holders.
  • The largest AbbVie buyer in Q3 2015 was Bank of America, an estimated $549M added.
  • The largest AbbVie seller in Q3 2015 was Morgan Stanley, an estimated $1.44B sold.

Based on aggregated 13F filings for Q3 2015.