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AbbVie

2,021 hedge funds and large institutions have $76.1B invested in AbbVie in 2019 Q2 according to their latest regulatory filings, with 125 funds opening new positions, 905 increasing their positions, 762 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 905 | Existing positions reduced: 762

11% more first-time investments, than exits

New positions opened: 125 | Existing positions closed: 113

0.08% less ownership

Funds ownership: 69.63%69.55% (-0.08%)

1% less funds holding

Funds holding: 2,0342,021 (-13)

2% less call options, than puts

Call options by funds: $1.41B | Put options by funds: $1.43B

8% less capital invested

Capital invested by funds: $82.8B → $76.1B (-$6.76B)

15% less funds holding in top 10

Funds holding in top 10: 6152 (-9)

Holders
2,021
Holders Change
-13
Holders Change %
-0.64%
% of All Funds
43.89%
Holding in Top 10
52
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-14.75%
% of All Funds
1.13%
New
125
Increased
905
Reduced
762
Closed
113
Calls
$1.41B
Puts
$1.43B
Net Calls
-$23.5M
Net Calls Change
+$228M
Name Holding Trade Value Shares
Change
Change in
Stake
Ohio Public Employees Retirement System (OPERS)
126
Ohio Public Employees Retirement System (OPERS)
Ohio
$66M -$5.8M -73,850 -8%
Commonwealth Equity Services
127
Commonwealth Equity Services
Massachusetts
$65.1M +$1.2M +15,287 +2%
SO
128
STRS Ohio
Ohio
$64.9M +$10M +127,227 +17%
Point72 Asset Management
129
Point72 Asset Management
Connecticut
$64.3M +$64M +814,776 +1,162%
Parnassus Investments
130
Parnassus Investments
California
$64M -$64.5M -820,000 -48%
DekaBank Deutsche Girozentrale
131
DekaBank Deutsche Girozentrale
Germany
$63.8M +$40.4M +513,424 +131%
Swedbank
132
Swedbank
Sweden
$62M +$1.31M +16,650 +2%
Royal London Asset Management
133
Royal London Asset Management
United Kingdom
$59.7M -$466K -5,925 -0.7%
HCM
134
Hamlin Capital Management
New York
$58.8M +$8.01M +101,883 +14%
M&T Bank
135
M&T Bank
New York
$58.6M -$17.6M -223,901 -22%
BNP Paribas Financial Markets
136
BNP Paribas Financial Markets
France
$58.6M +$39.1M +497,639 +162%
Assenagon Asset Management
137
Assenagon Asset Management
Luxembourg
$57.8M +$62.4M +794,413 New
William Blair & Company
138
William Blair & Company
Illinois
$57.6M +$1.12M +14,194 +2%
Millennium Management
139
Millennium Management
New York
$57.5M +$29.6M +376,277 +91%
RJFSA
140
Raymond James Financial Services Advisors
Florida
$56.9M -$67.5M -858,664 -52%
PAMU
141
Pictet Asset Management (UK)
United Kingdom
$55.2M -$1.92M -24,484 -3%
MSV
142
MN Services Vermogensbeheer
Netherlands
$54.9M -$6.56M -83,500 -10%
MWNA
143
Marshall Wace North America
New York
$53.2M +$37.2M +473,892 +184%
JIM
144
Jupiter Investment Management
United Kingdom
$52.8M +$51.9M +660,652 +1,001%
HighTower Advisors
145
HighTower Advisors
Illinois
$52.8M +$12.4M +157,369 +28%
SOMRS
146
State of Michigan Retirement System
Michigan
$52.1M -$5.6M -71,200 -9%
MSL
147
Mackay Shields LLC
New York
$51.4M +$2.35M +29,910 +4%
GLA
148
Great Lakes Advisors
Illinois
$51.3M +$6.8M +86,460 +14%
LBA
149
Letko, Brosseau & Associates
Quebec, Canada
$50.6M -$2.19M -27,910 -4%
Axa
150
Axa
France
$50.5M -$2.6M -33,030 -5%

ABBV Hedge Fund Activity: Q2 2019 in Review

2,021 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q2 2019, worth a combined $76.1B — down 8.2% from $82.8B a quarter earlier.

Buyers outnumbered sellers: 125 funds opened new ABBV positions and 113 closed out — a net gain of 12 holders — while 905 added to existing stakes and 762 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $1.06B. The largest seller was Capital Research Global Investors, cutting an estimated $2.86B.

  • 2,021 institutional investors held AbbVie (ABBV) as of Q2 2019, down from 2,034 in Q1 2019.
  • Funds reported $76.1B of AbbVie stock for Q2 2019, down 8.2% quarter-over-quarter.
  • 125 funds opened new AbbVie positions in Q2 2019 and 113 closed out, a net change of +12 holders.
  • The largest AbbVie buyer in Q2 2019 was Fidelity Investments, an estimated $1.06B added.
  • The largest AbbVie seller in Q2 2019 was Capital Research Global Investors, an estimated $2.86B sold.

Based on aggregated 13F filings for Q2 2019.