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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
FMAEN1
601
Fund Management at Engine No 1
California
$485K +$44.5K +161 +10%
FA
602
FDx Advisors
Illinois
$480K
CPIG
603
Chicago Partners Investment Group
Illinois
$478K -$42.9K -155 -9%
HFG
604
Heron Financial Group
New York
$475K +$3.04K +11 +0.6%
BC
605
Burney Company
Virginia
$472K -$148K -535 -24%
M
606
Mirova
France
$470K -$545K -1,971 -54%
IA
607
IFG Advisory
Georgia
$469K -$10.5K -38 -2%
LCS
608
Levin Capital Strategies
New York
$464K -$40.4K -146 -8%
P
609
Pitcairn
Pennsylvania
$464K -$8.3K -30 -2%
DGAM
610
Desjardins Global Asset Management
Quebec, Canada
$463K +$132K +476 +40%
TAM
611
Trust Asset Management
Texas
$462K -$1.11K -4 -0.2%
SM
612
STF Management
Texas
$460K +$192K +693 +72%
RIA
613
Regal Investment Advisors
Michigan
$458K +$21.3K +77 +5%
SFM
614
Systematic Financial Management
New Jersey
$456K +$11.1K +40 +3%
E
615
Ergoteles
New York
$454K -$2.79M -10,087 -86%
AAS
616
Ameritas Advisory Services
Nebraska
$454K -$2.49K -9 -0.6%
AWAG
617
ARS Wealth Advisors Group
Florida
$448K -$58.1K -210 -12%
GT
618
Greenleaf Trust
Michigan
$445K -$67.5K -244 -13%
VCA
619
Verdence Capital Advisors
Maryland
$444K -$13.6K -49 -3%
MWM
620
Mission Wealth Management
California
$443K +$7.19K +26 +2%
PFG
621
PAX Financial Group
Texas
$443K -$11.3K -41 -3%
TCA
622
Transcend Capital Advisors
New Jersey
$442K -$458K -1,657 -51%
WWM
623
Western Wealth Management
Colorado
$437K -$1.38K -5 -0.3%
KFC
624
Klingenstein Fields & Co
New York
$437K
TIAM2
625
Tru Independence Asset Management 2
Oregon
$432K +$430K +1,555 New

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.