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AbbVie

2,002 hedge funds and large institutions have $80.2B invested in AbbVie in 2019 Q3 according to their latest regulatory filings, with 123 funds opening new positions, 858 increasing their positions, 798 reducing their positions, and 124 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 5273 (+21)

5% more capital invested

Capital invested by funds: $76.1B → $80.2B (+$4.1B)

2.12% more ownership

Funds ownership: 69.55%71.67% (+2.1%)

8% more repeat investments, than reductions

Existing positions increased: 858 | Existing positions reduced: 798

1% less first-time investments, than exits

New positions opened: 123 | Existing positions closed: 124

1% less funds holding

Funds holding: 2,0212,002 (-19)

7% less call options, than puts

Call options by funds: $1.63B | Put options by funds: $1.75B

Holders
2,002
Holders Change
-19
Holders Change %
-0.94%
% of All Funds
43.9%
Holding in Top 10
73
Holding in Top 10 Change
+21
Holding in Top 10 Change %
+40.38%
% of All Funds
1.6%
New
123
Increased
858
Reduced
798
Closed
124
Calls
$1.63B
Puts
$1.75B
Net Calls
-$116M
Net Calls Change
-$92.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$9.22B +$16.4M +239,282 +0.2%
BlackRock
2
BlackRock
New York
$7.7B +$229M +3,343,764 +3%
Capital Research Global Investors
3
Capital Research Global Investors
California
$7.62B -$652M -9,509,347 -9%
State Street
4
State Street
Massachusetts
$5.21B +$104M +1,516,048 +2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$2.83B +$724M +10,566,142 +40%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$1.8B +$105M +1,524,799 +7%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$1.5B +$1B +14,602,485 +282%
Northern Trust
8
Northern Trust
Illinois
$1.49B -$36M -525,315 -3%
OAG
9
Orbis Allan Gray
Bermuda
$1.3B +$3.87M +56,499 +0.3%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$1.2B -$737K -10,746 -0.1%
Norges Bank
11
Norges Bank
Norway
$1.16B
Bank of America
12
Bank of America
North Carolina
$1.05B -$39.8M -580,939 -4%
JP Morgan Chase
13
JP Morgan Chase
New York
$1.02B +$629M +9,175,219 +216%
Goldman Sachs
14
Goldman Sachs
New York
$965M +$146M +2,124,794 +20%
Capital International Investors
15
Capital International Investors
California
$905M -$457M -6,663,544 -36%
N
16
Nuveen
North Carolina
$791M +$58.6M +855,322 +9%
Legal & General Group
17
Legal & General Group
United Kingdom
$678M +$7.27M +106,093 +1%
Morgan Stanley
18
Morgan Stanley
New York
$671M +$3.01M +43,836 +0.5%
State Farm Mutual Automobile Insurance
19
State Farm Mutual Automobile Insurance
Illinois
$656M -$18.4M -268,613 -3%
Wells Fargo
20
Wells Fargo
California
$654M -$45.6M -665,544 -7%
Federated Hermes
21
Federated Hermes
Pennsylvania
$652M +$43.3M +631,857 +8%
Deutsche Bank
22
Deutsche Bank
Germany
$616M +$3.15M +45,949 +0.6%
Capital World Investors
23
Capital World Investors
California
$576M -$23M -335,524 -4%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$565M +$4.47M +65,172 +0.9%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$554M +$96.8M +1,412,109 +24%

ABBV Hedge Fund Activity: Q3 2019 in Review

2,002 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q3 2019, worth a combined $80.2B — up 5.4% from $76.1B a quarter earlier.

Sellers outnumbered buyers: 124 funds closed out of ABBV and 123 opened new positions — a net loss of 1 holder — while 798 trimmed existing stakes and 858 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $1B. The largest seller was Capital Research Global Investors, cutting an estimated $652M.

  • 2,002 institutional investors held AbbVie (ABBV) as of Q3 2019, down from 2,021 in Q2 2019.
  • Funds reported $80.2B of AbbVie stock for Q3 2019, up 5.4% quarter-over-quarter.
  • 123 funds opened new AbbVie positions in Q3 2019 and 124 closed out, a net change of -1 holder.
  • The largest AbbVie buyer in Q3 2019 was T. Rowe Price Associates, an estimated $1B added.
  • The largest AbbVie seller in Q3 2019 was Capital Research Global Investors, an estimated $652M sold.

Based on aggregated 13F filings for Q3 2019.