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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
SCA
626
Snowden Capital Advisors
New York
$432K +$19.6K +71 +5%
FCAG
627
First Capital Advisors Group
New Jersey
$431K -$2.77K -10 -0.6%
FHA
628
Flagship Harbor Advisors
Massachusetts
$431K +$429K +1,549 New
AWA
629
Alta Wealth Advisors
Massachusetts
$430K +$428K +1,548 New
CPIA
630
Cornell Pochily Investment Advisors
New York
$430K +$2.77K +10 +0.7%
ESCM
631
Echo Street Capital Management
New York
$428K -$942K -3,406 -69%
PL
632
Plancorp LLC
Missouri
$427K -$553 -2 -0.1%
PFBT
633
Parkside Financial Bank & Trust
Missouri
$418K +$26.3K +95 +7%
SACTSONJ
634
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$417K
MCM
635
Moore Capital Management
New York
$417K +$415K +1,500 New
WB
636
WesBanco Bank
West Virginia
$414K
SL
637
Sentry LLC
Tennessee
$410K +$408K +1,473 New
AIIMS
638
Analyst IMS Investment Management Services
Israel
$409K
IWA
639
Intercontinental Wealth Advisors
Texas
$407K +$1.66K +6 +0.4%
JCM
640
Jacobi Capital Management
Pennsylvania
$405K
CA
641
Clearstead Advisors
Ohio
$403K -$553 -2 -0.1%
MNBTD
642
Moody National Bank Trust Division
Texas
$398K
NW
643
NewEdge Wealth
Pennsylvania
$397K -$126K -457 -24%
BP
644
Ballentine Partners
Massachusetts
$395K -$16.6K -60 -4%
MOS
645
MGO One Seven
Ohio
$390K +$86.3K +312 +29%
HWM
646
HB Wealth Management
Georgia
$385K +$42.6K +154 +13%
HT
647
HighTower Trust
Texas
$385K
WJWM
648
Williams Jones Wealth Management
New York
$384K -$8.02K -29 -2%
NAS
649
Nicolet Advisory Services
Wisconsin
$383K +$50.1K +181 +16%
PL
650
Parkwood LLC
Ohio
$381K -$290K -1,047 -43%

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.