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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
GWSG
751
GPS Wealth Strategies Group
Colorado
$242K +$241K +870 New
LP
752
LGL Partners
Pennsylvania
$242K
PPWM
753
PFG Private Wealth Management
Florida
$242K +$240K +869 New
JIC
754
Joel Isaacson & Co
New York
$241K
WA
755
WealthTrust Axiom
Pennsylvania
$241K
CW
756
CreativeOne Wealth
Kansas
$240K +$239K +865 New
EHC
757
Everett Harris & Co
California
$240K
BSC
758
Brown Shipley & Co
United Kingdom
$239K +$238K +861 New
PHS
759
Pekin Hardy Strauss
Illinois
$238K
OWA
760
One Wealth Advisors
California
$237K
FBT
761
First Bank & Trust
South Dakota
$235K -$277 -1 -0.1%
CCIA
762
Campbell & Co Investment Adviser
Maryland
$230K -$1.34M -4,848 -85%
HSA
763
HBK Sorce Advisory
Pennsylvania
$228K -$228K -823 -50%
FHA
764
First Horizon Advisors
Tennessee
$228K -$37.1K -134 -14%
POIA
765
Pin Oak Investment Advisors
Texas
$228K
CANC
766
Culbertson A N & Co
Virginia
$228K
WAP
767
Wealthcare Advisory Partners
Pennsylvania
$225K +$2.21K +8 +1%
SIC
768
Sigma Investment Counselors
Michigan
$222K +$221K +800 New
PIMJS
769
PKO Investment Management Joint-Stock
Poland
$222K +$221K +800 New
CB
770
Community Bank
New York
$222K
RVM
771
Robinson Value Management
Texas
$220K
IAN
772
Integrated Advisors Network
Texas
$220K +$219K +790 New
NB
773
NBT Bank
New York
$215K -$35.7K -129 -14%
SWA
774
Stratos Wealth Advisors
Ohio
$214K -$38.2K -138 -15%
PWPS
775
Pinnacle Wealth Planning Services
Ohio
$214K -$22.4K -81 -10%

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.