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AbbVie

2,021 hedge funds and large institutions have $76.1B invested in AbbVie in 2019 Q2 according to their latest regulatory filings, with 125 funds opening new positions, 905 increasing their positions, 762 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 905 | Existing positions reduced: 762

11% more first-time investments, than exits

New positions opened: 125 | Existing positions closed: 113

0.08% less ownership

Funds ownership: 69.63%69.55% (-0.08%)

1% less funds holding

Funds holding: 2,0342,021 (-13)

2% less call options, than puts

Call options by funds: $1.41B | Put options by funds: $1.43B

8% less capital invested

Capital invested by funds: $82.8B → $76.1B (-$6.76B)

15% less funds holding in top 10

Funds holding in top 10: 6152 (-9)

Holders
2,021
Holders Change
-13
Holders Change %
-0.64%
% of All Funds
43.89%
Holding in Top 10
52
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-14.75%
% of All Funds
1.13%
New
125
Increased
905
Reduced
762
Closed
113
Calls
$1.41B
Puts
$1.43B
Net Calls
-$23.5M
Net Calls Change
+$228M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$8.84B +$53.4M +679,398 +0.6%
Capital Research Global Investors
2
Capital Research Global Investors
California
$8.01B -$2.86B -36,384,326 -25%
BlackRock
3
BlackRock
New York
$7.15B +$244M +3,100,309 +3%
State Street
4
State Street
Massachusetts
$4.89B +$84M +1,068,958 +2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.94B +$1.06B +13,544,557 +103%
AAMU
6
Amundi Asset Management US
Massachusetts
$1.8B -$21.4M -271,864 -7%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$1.61B +$64.2M +817,407 +4%
Northern Trust
8
Northern Trust
Illinois
$1.47B -$4.41M -56,135 -0.3%
Capital International Investors
9
Capital International Investors
California
$1.35B -$475M -6,038,670 -24%
OAG
10
Orbis Allan Gray
Bermuda
$1.25B -$50.5M -642,029 -4%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$1.15B -$1.27M -16,166 -0.1%
Norges Bank
12
Norges Bank
Norway
$1.12B +$26.4M +336,193 +2%
Bank of America
13
Bank of America
North Carolina
$1.05B -$39.9M -507,805 -3%
Goldman Sachs
14
Goldman Sachs
New York
$773M -$25M -318,664 -3%
N
15
Nuveen
North Carolina
$698M +$713M +9,065,487 +1,716%
Wells Fargo
16
Wells Fargo
California
$676M -$293M -3,727,928 -29%
State Farm Mutual Automobile Insurance
17
State Farm Mutual Automobile Insurance
Illinois
$649M -$21.8M -277,570 -3%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$644M -$90.4M -1,150,059 -11%
Legal & General Group
19
Legal & General Group
United Kingdom
$644M -$9.4M -119,553 -1%
Morgan Stanley
20
Morgan Stanley
New York
$641M -$16.5M -210,121 -2%
Deutsche Bank
21
Deutsche Bank
Germany
$588M +$49.8M +633,773 +9%
Federated Hermes
22
Federated Hermes
Pennsylvania
$580M -$1.39M -17,629 -0.2%
Capital World Investors
23
Capital World Investors
California
$577M -$770M -9,792,695 -55%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$538M +$38M +483,145 +7%
Charles Schwab
25
Charles Schwab
California
$481M +$14.4M +182,795 +3%

ABBV Hedge Fund Activity: Q2 2019 in Review

2,021 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q2 2019, worth a combined $76.1B — down 8.2% from $82.8B a quarter earlier.

Buyers outnumbered sellers: 125 funds opened new ABBV positions and 113 closed out — a net gain of 12 holders — while 905 added to existing stakes and 762 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $1.06B. The largest seller was Capital Research Global Investors, cutting an estimated $2.86B.

  • 2,021 institutional investors held AbbVie (ABBV) as of Q2 2019, down from 2,034 in Q1 2019.
  • Funds reported $76.1B of AbbVie stock for Q2 2019, down 8.2% quarter-over-quarter.
  • 125 funds opened new AbbVie positions in Q2 2019 and 113 closed out, a net change of +12 holders.
  • The largest AbbVie buyer in Q2 2019 was Fidelity Investments, an estimated $1.06B added.
  • The largest AbbVie seller in Q2 2019 was Capital Research Global Investors, an estimated $2.86B sold.

Based on aggregated 13F filings for Q2 2019.