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1,001 hedge funds and large institutions have $35B invested in Biogen in 2023 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 342 increasing their positions, 364 reducing their positions, and 101 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more call options, than puts

Call options by funds: $748M | Put options by funds: $674M

1.79% more ownership

Funds ownership: 86.72%88.51% (+1.8%)

2% more capital invested

Capital invested by funds: $34.2B → $35B (+$767M)

6% less repeat investments, than reductions

Existing positions increased: 342 | Existing positions reduced: 364

3% less funds holding

Funds holding: 1,0311,001 (-30)

12% less first-time investments, than exits

New positions opened: 89 | Existing positions closed: 101

24% less funds holding in top 10

Funds holding in top 10: 2519 (-6)

Holders
1,001
Holders Change
-30
Holders Change %
-2.91%
% of All Funds
15.95%
Holding in Top 10
19
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-24%
% of All Funds
0.3%
New
89
Increased
342
Reduced
364
Closed
101
Calls
$748M
Puts
$674M
Net Calls
+$73.9M
Net Calls Change
+$290M
Name Holding Trade Value Shares
Change
Change in
Stake
Capstone Investment Advisors
476
Capstone Investment Advisors
New York
$962K +$957K +3,460 New
HBT
477
Hills Bank & Trust
Iowa
$961K +$319K +1,153 +50%
AC
478
Arjuna Capital
North Carolina
$960K +$955K +3,452 New
SIA
479
SkyView Investment Advisors
New Jersey
$958K -$11.6K -42 -1%
EFM
480
E Fund Management
China
$956K -$20.5K -74 -2%
AT
481
Arden Trust
Delaware
$955K -$163K -590 -15%
TRIA
482
Trail Ridge Investment Advisors
Colorado
$950K -$69.7K -252 -7%
OIA
483
OneDigital Investment Advisors
Kansas
$950K +$533K +1,925 +129%
QCM
484
Quantinno Capital Management
New York
$939K -$74.2K -268 -7%
DAS
485
Dynamic Advisor Solutions
Arizona
$936K +$931K +3,366 New
AWE
486
Avidian Wealth Enterprises
Texas
$935K -$8.02K -29 -0.9%
BOH
487
Bank of Hawaii
Hawaii
$934K +$140K +506 +18%
MFS
488
Monetta Financial Services
Illinois
$917K
HKAM
489
Horizon Kinetics Asset Management
New York
$904K -$138K -500 -13%
TRCT
490
Tower Research Capital (TRC)
New York
$901K -$488K -1,764 -35%
PCA
491
Pallas Capital Advisors
Massachusetts
$894K -$1.66K -6 -0.2%
FIM
492
Fernwood Investment Management
Massachusetts
$884K -$346K -1,250 -28%
CIM
493
CIM Investment Management
Pennsylvania
$869K +$40.7K +147 +5%
SIP
494
Scott Investment Partners
United Kingdom
$862K
PGFC
495
Peapack-Gladstone Financial Corp
New Jersey
$858K -$6.92K -25 -0.8%
BTWM
496
Baker Tilly Wealth Management
Wisconsin
$856K -$4.98K -18 -0.6%
MWM
497
Massachusetts Wealth Management
Massachusetts
$855K -$89.9K -325 -10%
FIM
498
Freedom Investment Management
Connecticut
$850K -$44K -159 -5%
FFM
499
Forum Financial Management
Illinois
$846K +$11.9K +43 +1%
NFC
500
Northeast Financial Consultants
Connecticut
$845K

BIIB Hedge Fund Activity: Q1 2023 in Review

1,001 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Biogen (BIIB) for Q1 2023, worth a combined $35B — up 2.2% from $34.2B a quarter earlier.

Sellers outnumbered buyers: 101 funds closed out of BIIB and 89 opened new positions — a net loss of 12 holders — while 364 trimmed existing stakes and 342 added.

The largest buyer was Envestnet Asset Management, adding an estimated $626M. The largest seller was Marshall Wace, cutting an estimated $197M.

  • 1,001 institutional investors held Biogen (BIIB) as of Q1 2023, down from 1,031 in Q4 2022.
  • Funds reported $35B of Biogen stock for Q1 2023, up 2.2% quarter-over-quarter.
  • 89 funds opened new Biogen positions in Q1 2023 and 101 closed out, a net change of -12 holders.
  • The largest Biogen buyer in Q1 2023 was Envestnet Asset Management, an estimated $626M added.
  • The largest Biogen seller in Q1 2023 was Marshall Wace, an estimated $197M sold.

Based on aggregated 13F filings for Q1 2023.