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AbbVie

1,639 hedge funds and large institutions have $62.5B invested in AbbVie in 2016 Q1 according to their latest regulatory filings, with 109 funds opening new positions, 727 increasing their positions, 603 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 85

21% more repeat investments, than reductions

Existing positions increased: 727 | Existing positions reduced: 603

1.93% more ownership

Funds ownership: 68.01%69.94% (+1.9%)

3% more call options, than puts

Call options by funds: $651M | Put options by funds: $632M

0% more funds holding

Funds holding: 1,6361,639 (+3)

5% less capital invested

Capital invested by funds: $65.6B → $62.5B (-$3.06B)

16% less funds holding in top 10

Funds holding in top 10: 9681 (-15)

Holders
1,639
Holders Change
+3
Holders Change %
+0.18%
% of All Funds
43.66%
Holding in Top 10
81
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-15.63%
% of All Funds
2.16%
New
109
Increased
727
Reduced
603
Closed
85
Calls
$651M
Puts
$632M
Net Calls
+$18.4M
Net Calls Change
+$204M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.89B +$193M +3,465,191 +3%
Capital Research Global Investors
2
Capital Research Global Investors
California
$4.35B -$80.4M -1,443,000 -2%
State Street
3
State Street
Massachusetts
$3.84B -$116M -2,087,885 -3%
BIT
4
BlackRock Institutional Trust
California
$2.4B -$29.1M -521,690 -1%
Bank of America
5
Bank of America
North Carolina
$1.77B +$193M +3,469,955 +13%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$1.49B -$1.01B -18,081,533 -41%
JHIU
7
Janus Henderson Investors US
Colorado
$1.45B -$77.8M -1,396,049 -5%
Northern Trust
8
Northern Trust
Illinois
$1.26B -$16.3M -292,030 -1%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$1.25B -$101M -1,821,012 -8%
BFA
10
BlackRock Fund Advisors
California
$1.13B -$20.5M -367,813 -2%
State Farm Mutual Automobile Insurance
11
State Farm Mutual Automobile Insurance
Illinois
$860M
BBA
12
Baker Bros. Advisors
New York
$821M
BG
13
BlackRock Group
United Kingdom
$807M -$58.3M -1,046,291 -7%
Norges Bank
14
Norges Bank
Norway
$787M -$21.7M -390,019 -3%
GCM
15
Glenview Capital Management
New York
$782M +$7.9M +141,773 +1%
Allianz Asset Management
16
Allianz Asset Management
Germany
$742M +$1.97M +35,328 +0.3%
Wells Fargo
17
Wells Fargo
California
$676M +$89.8M +1,611,691 +16%
Morgan Stanley
18
Morgan Stanley
New York
$668M +$55.2M +990,440 +9%
Federated Hermes
19
Federated Hermes
Pennsylvania
$651M +$620M +11,116,084 +3,859%
WIM
20
Woodford Investment Management
United Kingdom
$632M +$126M +2,269,300 +26%
EIP
21
Epoch Investment Partners
New York
$492M -$106M -1,896,422 -18%
Deutsche Bank
22
Deutsche Bank
Germany
$490M -$6.95M -124,651 -1%
PP
23
Prudential plc
United Kingdom
$484M -$35.6M -639,594 -7%
TCIM
24
TIAA CREF Investment Management
New York
$468M -$99.7M -1,788,916 -18%
Invesco
25
Invesco
Georgia
$458M +$18.7M +334,908 +4%

ABBV Hedge Fund Activity: Q1 2016 in Review

1,639 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2016, worth a combined $62.5B — down 4.7% from $65.6B a quarter earlier.

Buyers outnumbered sellers: 109 funds opened new ABBV positions and 85 closed out — a net gain of 24 holders — while 727 added to existing stakes and 603 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $1.24B. The largest seller was Fidelity Investments, cutting an estimated $1.01B.

  • 1,639 institutional investors held AbbVie (ABBV) as of Q1 2016, up from 1,636 in Q4 2015.
  • Funds reported $62.5B of AbbVie stock for Q1 2016, down 4.7% quarter-over-quarter.
  • 109 funds opened new AbbVie positions in Q1 2016 and 85 closed out, a net change of +24 holders.
  • The largest AbbVie buyer in Q1 2016 was Royal London Asset Management, an estimated $1.24B added.
  • The largest AbbVie seller in Q1 2016 was Fidelity Investments, an estimated $1.01B sold.

Based on aggregated 13F filings for Q1 2016.