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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
LFASL
826
Lugano Financial Advisors SA (LFA)
Switzerland
$103K -$141K -509 -58%
GWS
827
Glassman Wealth Services
Virginia
$103K -$1.66K -6 -2%
AAG
828
Armstrong Advisory Group
Massachusetts
$99K
JWM
829
Janiczek Wealth Management
Colorado
$98.8K -$31.8K -115 -25%
OIA
830
Optimum Investment Advisors
Illinois
$97.6K
WT
831
Washington Trust
Rhode Island
$86.7K
CBT
832
CoreFirst Bank & Trust
Kansas
$84.5K
SS
833
Sunbelt Securities
Texas
$84.2K +$84.7K +306 New
CHC
834
City Holding Co
West Virginia
$83.4K
DI
835
Disciplined Investments
Oklahoma
$82.9K +$63.4K +229 +332%
EI
836
Ellevest Inc
New York
$79.5K -$291K -1,051 -79%
QC
837
Quent Capital
New York
$79.2K +$1.94K +7 +3%
CFB
838
Cullen/Frost Bankers
Texas
$78.4K
LSA
839
Leonteq Securities AG
Switzerland
$75.9K -$2.88M -10,402 -97%
DCM
840
Dupont Capital Management
Delaware
$74.2K -$561K -2,028 -88%
WEG
841
World Equity Group
Illinois
$72.7K +$5.81M +21,010 New
AA
842
Ancora Advisors
Ohio
$67K +$6.92K +25 +12%
Credit Agricole
843
Credit Agricole
France
$66.7K -$469K -1,695 -88%
CT
844
Colonial Trust
South Carolina
$66.3K
GWM
845
Geneos Wealth Management
Colorado
$63.9K
GI
846
Gradient Investments
Minnesota
$63.9K
FCB
847
First Command Bank
Texas
$63.9K +$63.6K +230 New
FCFS
848
First Command Financial Services
Texas
$63.9K +$63.6K +230 New
ADL
849
Asset Dedication LLC
California
$63K
MA
850
Montag & Associates
Georgia
$62.6K

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.