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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
MC
801
Machina Capital
France
$169K -$80.8K -292 -32%
SIC
802
Salem Investment Counselors
North Carolina
$169K +$11.3K +41 +7%
HDIM
803
Hanson & Doremus Investment Management
Vermont
$167K
AF
804
Allworth Financial
California
$159K -$3.32K -12 -2%
KFS
805
Kelly Financial Services
Massachusetts
$157K
CSWM
806
Cassady Schiller Wealth Management
Ohio
$152K
EWA
807
EverSource Wealth Advisors
Alabama
$149K -$1.38K -5 -0.9%
AF
808
Advisornet Financial
Minnesota
$148K +$16.3K +59 +12%
HFM
809
Harvest Fund Management
China
$147K -$8.58K -31 -6%
PTC
810
Private Trust Company
Ohio
$145K +$17.2K +62 +13%
CAL
811
Capital Analysts LLC
Pennsylvania
$143K -$78.9K -285 -36%
TLCM
812
Twin Lakes Capital Management
California
$142K
AA
813
Alta Advisers
United Kingdom
$139K
MHR
814
Matthew Hamilton Rosenberg
$135K
KI
815
Kapitalo Investimentos
Brazil
$132K +$104K +375 +375%
HIIFS
816
Harel Insurance Investments & Financial Services
Israel
$127K +$34K +123 +36%
PAM
817
Paradigm Asset Management
New York
$127K -$13.8K -50 -10%
KFI
818
Key Financial Inc
Pennsylvania
$127K
LPIC
819
LeJeune Puetz Investment Counsel
Michigan
$126K
TSW
820
Thompson Siegel & Walmsley
Virginia
$123K
NF
821
Norwood Financial
Pennsylvania
$113K
IFAM
822
Institutional & Family Asset Management
Colorado
$112K -$6.09K -22 -5%
CT
823
Cambridge Trust
Massachusetts
$110K
CLOS
824
Compagnie Lombard Odier SCmA
Switzerland
$107K -$142K -512 -57%
MA
825
MCF Advisors
Kentucky
$105K +$33.2K +120 +47%

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.