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AbbVie

1,727 hedge funds and large institutions have $71.3B invested in AbbVie in 2017 Q1 according to their latest regulatory filings, with 123 funds opening new positions, 651 increasing their positions, 742 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 71

18% more call options, than puts

Call options by funds: $1.25B | Put options by funds: $1.07B

2% more funds holding

Funds holding: 1,6921,727 (+35)

1.45% more ownership

Funds ownership: 67.19%68.64% (+1.5%)

4% more capital invested

Capital invested by funds: $68.3B → $71.3B (+$2.93B)

2% less funds holding in top 10

Funds holding in top 10: 8583 (-2)

12% less repeat investments, than reductions

Existing positions increased: 651 | Existing positions reduced: 742

Holders
1,727
Holders Change
+35
Holders Change %
+2.07%
% of All Funds
42.98%
Holding in Top 10
83
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-2.35%
% of All Funds
2.07%
New
123
Increased
651
Reduced
742
Closed
71
Calls
$1.25B
Puts
$1.07B
Net Calls
+$188M
Net Calls Change
+$176M
Name Holding Trade Value Shares
Change
Change in
Stake
KA
1526
Klingman & Associates
New York
$265K +$1.95K +31 +0.8%
PFGIA
1527
Patriot Financial Group Insurance Agency
Massachusetts
$262K +$114K +1,807 +81%
SIM
1528
SSI Investment Management
California
$261K -$314 -5 -0.1%
BS
1529
Banco Santander
Spain
$260K -$897K -14,264 -78%
AIM
1530
Advantage Investment Management
Iowa
$260K -$6.92K -110 -3%
FAM
1531
Formidable Asset Management
Ohio
$259K -$12.3K -196 -5%
SC
1532
Stratford Consulting
Texas
$258K +$1.82K +29 +0.7%
GAM
1533
Gemmer Asset Management
California
$257K
SCM
1534
Sitrin Capital Management
California
$256K
WPC
1535
Waters Parkerson & Co
Louisiana
$256K
FHA
1536
First Horizon Advisors
Tennessee
$254K -$390K -6,211 -61%
EMG
1537
Ellington Management Group
Connecticut
$254K +$245K +3,900 New
IFAM
1538
Institutional & Family Asset Management
Colorado
$253K +$244K +3,879 New
TFF
1539
The Family Firm
Maryland
$251K -$13.3K -212 -5%
KA
1540
KLCM Advisors
Wisconsin
$250K -$15.7K -250 -6%
HCM
1541
Harvest Capital Management
New Hampshire
$248K
FLI
1542
Family Legacy Inc
South Carolina
$248K +$240K +3,810 New
FI
1543
FormulaFolio Investments
Michigan
$247K +$238K +3,786 New
AF
1544
Allworth Financial
California
$246K -$31.5K -501 -12%
VCM
1545
Versant Capital Management
Arizona
$245K
CCM
1546
Canal Capital Management
Virginia
$244K -$8.87K -141 -4%
BG
1547
Bollard Group
Massachusetts
$244K +$1.26K +20 +0.5%
ECM
1548
Evergreen Capital Management
Washington
$241K -$27.3K -434 -11%
OCM
1549
Osterweis Capital Management
California
$239K -$62.9K -1,000 -21%
PIA
1550
Peachtree Investment Advisors
Georgia
$238K

ABBV Hedge Fund Activity: Q1 2017 in Review

1,727 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2017, worth a combined $71.3B — up 4.3% from $68.3B a quarter earlier.

Buyers outnumbered sellers: 123 funds opened new ABBV positions and 71 closed out — a net gain of 52 holders — while 651 added to existing stakes and 742 trimmed.

The largest buyer was BlackRock, adding an estimated $5.55B. The largest seller was Highfields Capital Management, exiting entirely with an estimated $372M sold.

  • 1,727 institutional investors held AbbVie (ABBV) as of Q1 2017, up from 1,692 in Q4 2016.
  • Funds reported $71.3B of AbbVie stock for Q1 2017, up 4.3% quarter-over-quarter.
  • 123 funds opened new AbbVie positions in Q1 2017 and 71 closed out, a net change of +52 holders.
  • The largest AbbVie buyer in Q1 2017 was BlackRock, an estimated $5.55B added.
  • The largest AbbVie seller in Q1 2017 was Highfields Capital Management, an estimated $372M sold.

Based on aggregated 13F filings for Q1 2017.