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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
SIS
976
Strategic Investment Solutions
Illinois
$2.78K +$2.77K +10 New
ETC
977
Exchange Traded Concepts
Oklahoma
$2.5K -$2.88M -10,398 -100%
LF
978
Lee Financial
Texas
$2.23K -$553 -2 -20%
TWD
979
True Wealth Design
Ohio
$2.23K +$1.11K +4 +100%
PMEF
980
Point72 Middle East FZE
United Arab Emirates
$2.22K -$11.7M -42,375 -100%
APC
981
Aspire Private Capital
North Carolina
$2.22K
FP
982
Financial Perspectives
Minnesota
$2.22K
TFGT
983
TS Financial Group (TSFG)
Illinois
$2K
TFA
984
Toth Financial Advisory
Virginia
$1.95K +$1.94K +7 New
CIA
985
Cape Investment Advisory
Georgia
$1.95K +$1.94K +7 New
CCP
986
Carmel Capital Partners
California
$1.95K +$1.94K +7 New
ARS
987
Adirondack Retirement Specialists
New York
$1.93K
TFM
988
TFC Financial Management
Massachusetts
$1.67K +$830 +3 +100%
AAP
989
Arax Advisory Partners
Colorado
$1.39K
EWM
990
Evermay Wealth Management
Virginia
$1.39K
LFA
991
Legend Financial Advisors
Pennsylvania
$1.39K
CTA
992
Colonial Trust Advisors
South Carolina
$1.11K -$277 -1 -20%
ECM
993
Everence Capital Management
Indiana
$1.1K
PP
994
PrairieView Partners
Minnesota
$1K
TFA
995
Transamerica Financial Advisors
Florida
$1K +$277 +1 New
BAM
996
Baldrige Asset Management
Pennsylvania
$1K +$553 +2 New
TWP
997
TFO Wealth Partners
Ohio
$834
2L
998
25 LLC
Missouri
$629 +$553 +2 New
WWM
999
Wolff Wiese Magana
California
$557
WA
1000
WestEnd Advisors
North Carolina
$556 -$553 -2 Closed

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.