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AbbVie

1,692 hedge funds and large institutions have $68.3B invested in AbbVie in 2016 Q4 according to their latest regulatory filings, with 147 funds opening new positions, 648 increasing their positions, 669 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 86

5% more funds holding in top 10

Funds holding in top 10: 8185 (+4)

2% more funds holding

Funds holding: 1,6541,692 (+38)

1% more call options, than puts

Call options by funds: $1.06B | Put options by funds: $1.04B

2% less capital invested

Capital invested by funds: $69.4B → $68.3B (-$1.08B)

3% less repeat investments, than reductions

Existing positions increased: 648 | Existing positions reduced: 669

1.09% less ownership

Funds ownership: 68.28%67.19% (-1.1%)

Holders
1,692
Holders Change
+38
Holders Change %
+2.3%
% of All Funds
42.29%
Holding in Top 10
85
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+4.94%
% of All Funds
2.12%
New
147
Increased
648
Reduced
669
Closed
86
Calls
$1.06B
Puts
$1.04B
Net Calls
+$12.1M
Net Calls Change
+$127M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$11B +$836M +13,688,625 +8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$6.86B +$130M +2,129,277 +2%
State Street
3
State Street
Massachusetts
$4.46B +$169M +2,763,770 +4%
BIT
4
BlackRock Institutional Trust
California
$2.72B +$36.4M +596,256 +1%
BFA
5
BlackRock Fund Advisors
California
$1.39B +$97.8M +1,602,499 +8%
Northern Trust
6
Northern Trust
Illinois
$1.34B -$13.5M -220,741 -1%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$1.2B -$27.5M -450,006 -2%
Bank of America
8
Bank of America
North Carolina
$1.18B -$24.9M -408,358 -2%
State Farm Mutual Automobile Insurance
9
State Farm Mutual Automobile Insurance
Illinois
$943M
Federated Hermes
10
Federated Hermes
Pennsylvania
$943M +$5.79M +94,872 +0.6%
BG
11
BlackRock Group
United Kingdom
$892M +$55.1M +902,083 +7%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$875M +$35.1M +575,380 +4%
Wells Fargo
13
Wells Fargo
California
$827M +$49.4M +809,725 +7%
Norges Bank
14
Norges Bank
Norway
$824M -$2M -32,786 -0.2%
Morgan Stanley
15
Morgan Stanley
New York
$819M +$1.33M +21,781 +0.2%
WIM
16
Woodford Investment Management
United Kingdom
$703M +$12.4M +202,958 +2%
Allianz Asset Management
17
Allianz Asset Management
Germany
$609M -$36.2M -593,231 -6%
Ameriprise
18
Ameriprise
Minnesota
$579M -$65.3M -1,070,240 -10%
GCM
19
Glenview Capital Management
New York
$571M +$188M +3,086,828 +51%
JHIU
20
Janus Henderson Investors US
Colorado
$534M -$383M -6,275,751 -42%
UBS Group
21
UBS Group
Switzerland
$498M -$1.6M -26,153 -0.3%
Goldman Sachs
22
Goldman Sachs
New York
$482M +$53.5M +876,569 +13%
AIG
23
American International Group
New York
$481M +$426M +6,978,838 +995%
Legal & General Group
24
Legal & General Group
United Kingdom
$476M +$5.19M +85,046 +1%
TCIM
25
TIAA CREF Investment Management
New York
$443M -$44.3M -726,519 -9%

ABBV Hedge Fund Activity: Q4 2016 in Review

1,692 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q4 2016, worth a combined $68.3B — down 1.6% from $69.4B a quarter earlier.

Buyers outnumbered sellers: 147 funds opened new ABBV positions and 86 closed out — a net gain of 61 holders — while 648 added to existing stakes and 669 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $836M. The largest seller was Baker Bros. Advisors, cutting an estimated $773M.

  • 1,692 institutional investors held AbbVie (ABBV) as of Q4 2016, up from 1,654 in Q3 2016.
  • Funds reported $68.3B of AbbVie stock for Q4 2016, down 1.6% quarter-over-quarter.
  • 147 funds opened new AbbVie positions in Q4 2016 and 86 closed out, a net change of +61 holders.
  • The largest AbbVie buyer in Q4 2016 was Capital Research Global Investors, an estimated $836M added.
  • The largest AbbVie seller in Q4 2016 was Baker Bros. Advisors, an estimated $773M sold.

Based on aggregated 13F filings for Q4 2016.