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AbbVie

2,226 hedge funds and large institutions have $82.7B invested in AbbVie in 2020 Q1 according to their latest regulatory filings, with 148 funds opening new positions, 1,009 increasing their positions, 839 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 113150 (+37)

20% more repeat investments, than reductions

Existing positions increased: 1,009 | Existing positions reduced: 839

1.32% more ownership

Funds ownership: 72.42%73.75% (+1.3%)

10% more first-time investments, than exits

New positions opened: 148 | Existing positions closed: 135

1% less funds holding

Funds holding: 2,2442,226 (-18)

13% less capital invested

Capital invested by funds: $94.8B → $82.7B (-$12.1B)

20% less call options, than puts

Call options by funds: $1.4B | Put options by funds: $1.75B

Holders
2,226
Holders Change
-18
Holders Change %
-0.8%
% of All Funds
49.04%
Holding in Top 10
150
Holding in Top 10 Change
+37
Holding in Top 10 Change %
+32.74%
% of All Funds
3.3%
New
148
Increased
1,009
Reduced
839
Closed
135
Calls
$1.4B
Puts
$1.75B
Net Calls
-$350M
Net Calls Change
+$104M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$9.57B +$258M +3,025,849 +2%
BlackRock
2
BlackRock
New York
$7.72B +$237M +2,788,174 +3%
State Street
3
State Street
Massachusetts
$5.2B -$50.4M -592,121 -0.9%
Capital Research Global Investors
4
Capital Research Global Investors
California
$3.75B -$3.18B -37,370,388 -43%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$3.27B +$1.26B +14,838,316 +53%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$2.67B -$446M -5,232,576 -13%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$1.96B +$115M +1,344,728 +6%
JP Morgan Chase
8
JP Morgan Chase
New York
$1.71B +$382M +4,486,784 +25%
Northern Trust
9
Northern Trust
Illinois
$1.55B +$76.3M +895,939 +5%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$1.42B +$296M +3,480,190 +23%
Bank of America
11
Bank of America
North Carolina
$1.16B +$188M +2,206,867 +17%
N
12
Nuveen
North Carolina
$1.16B +$181M +2,126,043 +16%
Norges Bank
13
Norges Bank
Norway
$1.13B -$38.1M -446,907 -3%
Goldman Sachs
14
Goldman Sachs
New York
$1.07B +$143M +1,682,474 +14%
Renaissance Technologies
15
Renaissance Technologies
New York
$1.03B +$150M +1,759,105 +15%
OAG
16
Orbis Allan Gray
Bermuda
$1.03B -$218M -2,558,246 -16%
Janus Henderson Group
17
Janus Henderson Group
United Kingdom
$877M +$444M +5,208,549 +83%
Morgan Stanley
18
Morgan Stanley
New York
$820M +$59.3M +696,233 +7%
Legal & General Group
19
Legal & General Group
United Kingdom
$716M +$21.1M +247,883 +3%
Wells Fargo
20
Wells Fargo
California
$698M +$65.4M +767,834 +9%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$657M +$8.41M +98,691 +1%
State Farm Mutual Automobile Insurance
22
State Farm Mutual Automobile Insurance
Illinois
$643M
Deutsche Bank
23
Deutsche Bank
Germany
$623M +$76.3M +895,838 +12%
Federated Hermes
24
Federated Hermes
Pennsylvania
$622M -$25M -293,090 -3%
Capital International Investors
25
Capital International Investors
California
$607M -$248M -2,909,152 -27%

ABBV Hedge Fund Activity: Q1 2020 in Review

2,226 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q1 2020, worth a combined $82.7B — down 13% from $94.8B a quarter earlier.

Buyers outnumbered sellers: 148 funds opened new ABBV positions and 135 closed out — a net gain of 13 holders — while 1,009 added to existing stakes and 839 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $1.26B. The largest seller was Capital Research Global Investors, cutting an estimated $3.18B.

  • 2,226 institutional investors held AbbVie (ABBV) as of Q1 2020, down from 2,244 in Q4 2019.
  • Funds reported $82.7B of AbbVie stock for Q1 2020, down 13% quarter-over-quarter.
  • 148 funds opened new AbbVie positions in Q1 2020 and 135 closed out, a net change of +13 holders.
  • The largest AbbVie buyer in Q1 2020 was T. Rowe Price Associates, an estimated $1.26B added.
  • The largest AbbVie seller in Q1 2020 was Capital Research Global Investors, an estimated $3.18B sold.

Based on aggregated 13F filings for Q1 2020.