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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.4B -$116M -1,785,344 -2%
Capital Research Global Investors
2
Capital Research Global Investors
California
$4.08B -$523M -8,035,764 -10%
State Street
3
State Street
Massachusetts
$3.7B -$249M -3,822,863 -5%
BIT
4
BlackRock Institutional Trust
California
$2.37B -$149M -2,294,421 -5%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$2.17B +$544M +8,356,232 +27%
Bank of America
6
Bank of America
North Carolina
$1.48B +$549M +8,431,402 +45%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$1.48B -$138M -2,116,957 -7%
JHIU
8
Janus Henderson Investors US
Colorado
$1.3B +$31.4M +482,235 +2%
Northern Trust
9
Northern Trust
Illinois
$1.3B -$115M -1,766,035 -7%
BFA
10
BlackRock Fund Advisors
California
$1.07B -$54.6M -839,173 -4%
Morgan Stanley
11
Morgan Stanley
New York
$1.05B -$1.44B -22,197,050 -54%
BG
12
BlackRock Group
United Kingdom
$934M -$25.7M -395,404 -2%
GCM
13
Glenview Capital Management
New York
$880M -$110M -1,685,038 -9%
State Farm Mutual Automobile Insurance
14
State Farm Mutual Automobile Insurance
Illinois
$819M
BBA
15
Baker Bros. Advisors
New York
$782M
Norges Bank
16
Norges Bank
Norway
$761M +$17.9M +275,399 +2%
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$758M -$715M -10,984,477 -44%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$712M -$28.9M -443,361 -3%
Allianz Asset Management
19
Allianz Asset Management
Germany
$667M -$37.3M -573,723 -4%
BA
20
BlackRock Advisors
Delaware
$642M -$188M -2,892,179 -20%
TCIM
21
TIAA CREF Investment Management
New York
$619M -$31.3M -480,430 -4%
Wells Fargo
22
Wells Fargo
California
$566M -$112M -1,726,413 -14%
PP
23
Prudential plc
United Kingdom
$500M -$30.4M -467,231 -5%
Capital International Investors
24
Capital International Investors
California
$477M -$110M -1,685,000 -16%
Invesco
25
Invesco
Georgia
$429M -$26.4M -405,011 -5%

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.