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AbbVie

3,076 hedge funds and large institutions have $165B invested in AbbVie in 2023 Q2 according to their latest regulatory filings, with 152 funds opening new positions, 1,137 increasing their positions, 1,432 reducing their positions, and 184 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more call options, than puts

Call options by funds: $2.74B | Put options by funds: $1.87B

0.32% less ownership

Funds ownership: 69.77%69.45% (-0.32%)

2% less funds holding

Funds holding: 3,1383,076 (-62)

16% less capital invested

Capital invested by funds: $197B → $165B (-$31.7B)

17% less first-time investments, than exits

New positions opened: 152 | Existing positions closed: 184

21% less repeat investments, than reductions

Existing positions increased: 1,137 | Existing positions reduced: 1,432

43% less funds holding in top 10

Funds holding in top 10: 303172 (-131)

Holders
3,076
Holders Change
-62
Holders Change %
-1.98%
% of All Funds
48.3%
Holding in Top 10
172
Holding in Top 10 Change
-131
Holding in Top 10 Change %
-43.23%
% of All Funds
2.7%
New
152
Increased
1,137
Reduced
1,432
Closed
184
Calls
$2.74B
Puts
$1.87B
Net Calls
+$864M
Net Calls Change
-$250M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$21.5B -$171M -1,169,081 -0.7%
BlackRock
2
BlackRock
New York
$18.7B +$64.6M +440,286 +0.3%
State Street
3
State Street
Massachusetts
$10.5B +$170M +1,156,130 +2%
JP Morgan Chase
4
JP Morgan Chase
New York
$7.65B -$165M -1,125,984 -2%
Capital International Investors
5
Capital International Investors
California
$5.81B +$59.3M +404,379 +0.9%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$4.7B +$133M +907,917 +3%
Capital Research Global Investors
7
Capital Research Global Investors
California
$4.38B -$465M -3,168,845 -9%
Morgan Stanley
8
Morgan Stanley
New York
$4.21B -$24.5M -166,952 -0.5%
Charles Schwab
9
Charles Schwab
California
$3.07B +$185M +1,260,396 +6%
Northern Trust
10
Northern Trust
Illinois
$2.89B -$114M -780,116 -4%
Norges Bank
11
Norges Bank
Norway
$2.74B +$92.7M +632,085 +3%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$2.7B -$27.1M -184,804 -0.9%
Bank of America
13
Bank of America
North Carolina
$2.46B -$360M -2,451,672 -12%
Ameriprise
14
Ameriprise
Minnesota
$1.87B -$125M -851,539 -6%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$1.77B -$647M -4,411,166 -25%
Legal & General Group
16
Legal & General Group
United Kingdom
$1.7B +$109M +741,031 +6%
UBS AM
17
UBS AM
Illinois
$1.59B
UBS Group
18
UBS Group
Switzerland
$1.5B +$31.4M +213,830 +2%
N
19
Nuveen
North Carolina
$1.47B -$62.8M -428,384 -4%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$1.47B -$291M -1,985,856 -15%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$1.44B -$406M -2,771,475 -21%
Wells Fargo
22
Wells Fargo
California
$1.29B -$25.9M -176,663 -2%
Goldman Sachs
23
Goldman Sachs
New York
$1.26B -$117M -799,125 -8%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$1.23B -$81.2M -553,429 -6%
Amundi
25
Amundi
France
$1.22B +$59.2M +403,503 +5%

ABBV Hedge Fund Activity: Q2 2023 in Review

3,076 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AbbVie (ABBV) for Q2 2023, worth a combined $165B — down 16% from $197B a quarter earlier.

Sellers outnumbered buyers: 184 funds closed out of ABBV and 152 opened new positions — a net loss of 32 holders — while 1,432 trimmed existing stakes and 1,137 added.

The largest buyer was Ontario Teachers' Pension Plan Board, adding an estimated $453M. The largest seller was T. Rowe Price Associates, cutting an estimated $647M.

  • 3,076 institutional investors held AbbVie (ABBV) as of Q2 2023, down from 3,138 in Q1 2023.
  • Funds reported $165B of AbbVie stock for Q2 2023, down 16% quarter-over-quarter.
  • 152 funds opened new AbbVie positions in Q2 2023 and 184 closed out, a net change of -32 holders.
  • The largest AbbVie buyer in Q2 2023 was Ontario Teachers' Pension Plan Board, an estimated $453M added.
  • The largest AbbVie seller in Q2 2023 was T. Rowe Price Associates, an estimated $647M sold.

Based on aggregated 13F filings for Q2 2023.