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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
Capital Research Global Investors
1
Capital Research Global Investors
California
$5.24B +$99.1M +1,961,264 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.33B +$100M +1,986,210 +2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$3.56B -$199M -3,935,295 -5%
State Street
4
State Street
Massachusetts
$3.49B -$197M -3,890,220 -5%
BIT
5
BlackRock Institutional Trust
California
$2.25B +$46.9M +928,161 +2%
Northern Trust
6
Northern Trust
Illinois
$1.32B -$13M -256,430 -1%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$1.31B +$38.1M +753,520 +3%
Capital World Investors
8
Capital World Investors
California
$1.14B -$17.8M -352,500 -2%
Bank of America
9
Bank of America
North Carolina
$966M +$11.9M +235,298 +1%
JHIU
10
Janus Henderson Investors US
Colorado
$960M -$90.4M -1,788,896 -9%
BFA
11
BlackRock Fund Advisors
California
$866M +$22M +435,094 +3%
BA
12
BlackRock Advisors
Delaware
$795M -$47.9M -947,953 -6%
State Farm Mutual Automobile Insurance
13
State Farm Mutual Automobile Insurance
Illinois
$774M
BG
14
BlackRock Group
United Kingdom
$743M +$24.4M +483,303 +3%
Wells Fargo
15
Wells Fargo
California
$732M +$118M +2,325,235 +20%
Capital International Investors
16
Capital International Investors
California
$713M +$177M +3,504,900 +34%
Ameriprise
17
Ameriprise
Minnesota
$626M +$22.7M +449,771 +4%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$609M +$4.46M +88,301 +0.7%
Norges Bank
19
Norges Bank
Norway
$598M
Morgan Stanley
20
Morgan Stanley
New York
$549M +$56.1M +1,110,966 +12%
TCIM
21
TIAA CREF Investment Management
New York
$508M +$55.4M +1,096,650 +12%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$464M -$249M -4,930,955 -35%
UBS AM
23
UBS AM
Illinois
$457M +$64.1M +1,268,650 +17%
Goldman Sachs
24
Goldman Sachs
New York
$376M -$56.1M -1,109,340 -13%
BIM
25
BlackRock Investment Management
Delaware
$362M +$22.3M +441,308 +7%

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.