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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
SIM
726
Sentry Investment Management
Wisconsin
$265K -$7.19K -26 -3%
SAM
727
Sompo Asset Management
Japan
$264K
TFCP
728
Twin Focus Capital Partners
Massachusetts
$264K
NCMW
729
Northern Capital Management (Washington)
Washington
$263K
PMG
730
ProVise Management Group
Florida
$261K
SA
731
Syntax Advisors
New York
$260K +$24.6K +89 +11%
VCG
732
Vantage Consulting Group
Virginia
$260K +$24.6K +89 +11%
BFEC
733
Benjamin F. Edwards & Company
Missouri
$259K -$4.43K -16 -2%
DWM
734
Defined Wealth Management
Oregon
$257K
OPCM
735
Osborne Partners Capital Management
California
$257K
APW
736
Acima Private Wealth
Virginia
$255K
CSB
737
City State Bank
Iowa
$254K -$8.3K -30 -3%
FFA
738
Founders Financial Alliance
North Carolina
$253K -$7.19K -26 -3%
NFP
739
Narus Financial Partners
Utah
$250K -$4.15K -15 -2%
TH
740
TCTC Holdings
Texas
$250K
SW
741
SVB Wealth
Massachusetts
$250K -$49.8K -180 -17%
PA
742
PFG Advisors
Arizona
$249K +$248K +895 New
WP
743
WealthSource Partners
California
$249K -$4.15K -15 -2%
MYIA
744
Mount Yale Investment Advisors
Colorado
$248K -$126K -457 -34%
GWM
745
Gitterman Wealth Management
New Jersey
$248K +$247K +893 New
AAS
746
Avantax Advisory Services
Texas
$247K -$8.58K -31 -3%
DWP
747
Destiny Wealth Partners
Florida
$247K -$35.1K -127 -13%
WA
748
Waddell & Associates
Tennessee
$247K -$1.66K -6 -0.7%
LCM
749
LCM Capital Management
Illinois
$245K +$11.9K +43 +5%
IFWM
750
Institute for Wealth Management
Colorado
$243K -$14.1K -51 -6%

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.