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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
NA
551
NewEdge Advisors
Louisiana
$642K -$155K -559 -19%
KIG
552
Kennedy Investment Group
New Jersey
$641K -$14.7K -53 -2%
VCWA
553
Vanguard Capital Wealth Advisors
Colorado
$639K
KAS
554
Kestra Advisory Services
Texas
$634K -$1.71M -6,163 -73%
SP
555
Symmetry Partners
Connecticut
$633K
MTIC
556
Missouri Trust & Investment Company
Missouri
$630K -$108K -390 -15%
TCOV
557
Trust Company of Vermont
Vermont
$628K +$10.2K +37 +2%
RFC
558
Regions Financial Corp
Alabama
$623K +$60.6K +219 +11%
RWA
559
Ropes Wealth Advisors
Massachusetts
$618K +$4.7K +17 +0.8%
HI
560
Humankind Investments
New York
$614K +$51.5K +186 +9%
CPC
561
Cookson Peirce & Co
Pennsylvania
$606K -$36K -130 -6%
AA
562
Auxano Advisors
Washington
$603K +$29.9K +108 +5%
JIC
563
Johnson Investment Counsel
Ohio
$602K -$4.15K -15 -0.7%
EWM
564
Evercore Wealth Management
New York
$601K +$3.6K +13 +0.6%
CCM
565
Coldstream Capital Management
Washington
$598K -$5.53K -20 -0.9%
CUAMC
566
China Universal Asset Management Company
China
$593K -$642K -2,320 -52%
UBG
567
United Bank (Georgia)
Georgia
$592K +$590K +2,131 New
WIM
568
Westside Investment Management
California
$582K -$13.8K -50 -2%
JMFC
569
J.M. Forbes & Co
Massachusetts
$578K -$5.81K -21 -1%
FLPIM
570
F.L. Putnam Investment Management
Massachusetts
$574K +$16K +58 +3%
QPBE
571
Quintet Private Bank (Europe)
Luxembourg
$568K +$566K +2,044 New
EP
572
Eudaimonia Partners
Tennessee
$568K
IB
573
Intrust Bank
Kansas
$568K +$144K +522 +34%
ECM
574
Estabrook Capital Management
New York
$565K -$553K -2,000 -50%
HWA
575
Heritage Wealth Advisors
Virginia
$556K -$8.85K -32 -2%

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.