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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
FNBT
676
FineMark National Bank & Trust
Florida
$332K -$273K -986 -45%
VSQM
677
V-Square Quantitative Management
Illinois
$329K +$328K +1,185 New
SC
678
Savant Capital
Illinois
$329K +$42.1K +152 +15%
ZF
679
Zhang Financial
Michigan
$328K +$21.3K +77 +7%
Bank Julius Baer & Co
680
Bank Julius Baer & Co
Switzerland
$327K -$276K -998 -46%
WWM
681
Westwood Wealth Management
California
$327K -$37.4K -135 -10%
BB
682
Bell Bank
North Dakota
$326K +$11.6K +42 +4%
VFA
683
Valeo Financial Advisors
Indiana
$324K +$35.4K +128 +12%
BAM
684
Belpointe Asset Management
Nevada
$323K -$591K -2,137 -65%
FCM
685
Fourpath Capital Management
Oklahoma
$320K +$277 +1 +0.1%
MG
686
Marex Group
$320K +$319K +1,152 New
MFFIA
687
McIntyre, Freedman & Flynn Investment Advisers
Massachusetts
$320K -$69.7K -252 -18%
CB
688
Centennial Bank
Arkansas
$320K
TL
689
Tradewinds LLC
North Carolina
$319K -$3.49M -12,612 -92%
BL
690
Balentine LLC
Georgia
$318K +$39K +141 +14%
ACP
691
Aviance Capital Partners
Florida
$316K
CIA
692
Choate Investment Advisors
Massachusetts
$315K
PL
693
Perpetual Ltd
Australia
$314K +$312K +1,129 New
XS
694
XR Securities
Illinois
$312K -$897K -3,241 -74%
Wolverine Trading
695
Wolverine Trading
Illinois
$311K -$2.93M -10,579 -90%
NGA
696
Naples Global Advisors
Florida
$309K
DT
697
Diversified Trust
Tennessee
$307K -$306K -1,105 -50%
CA
698
Cullinan Associates
Kentucky
$306K
CP
699
Camelot Portfolios
Ohio
$306K +$304K +1,100 New
FLAM
700
First Light Asset Management
Minnesota
$305K

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.