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1,145 hedge funds and large institutions have $62.8B invested in Biogen in 2018 Q3 according to their latest regulatory filings, with 142 funds opening new positions, 345 increasing their positions, 467 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 84

21% more capital invested

Capital invested by funds: $51.9B → $62.8B (+$10.9B)

4% more funds holding

Funds holding: 1,0971,145 (+48)

3.35% more ownership

Funds ownership: 84.82%88.17% (+3.3%)

0% more funds holding in top 10

Funds holding in top 10: 2828 (0)

26% less repeat investments, than reductions

Existing positions increased: 345 | Existing positions reduced: 467

41% less call options, than puts

Call options by funds: $1.11B | Put options by funds: $1.88B

Holders
1,145
Holders Change
+48
Holders Change %
+4.38%
% of All Funds
26.18%
Holding in Top 10
28
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.64%
New
142
Increased
345
Reduced
467
Closed
84
Calls
$1.11B
Puts
$1.88B
Net Calls
-$775M
Net Calls Change
-$249M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$5.83B -$201M -584,223 -3%
Primecap Management
2
Primecap Management
California
$5.26B -$16.6M -48,140 -0.3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$5.23B -$167M -483,799 -3%
ClearBridge Investments
4
ClearBridge Investments
New York
$3.13B -$235M -683,638 -7%
State Street
5
State Street
Massachusetts
$3.12B -$19.2M -55,715 -0.6%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$1.96B +$163M +473,880 +9%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$1.53B -$353M -1,025,928 -19%
Invesco
8
Invesco
Georgia
$1.28B -$86.5M -251,090 -7%
AllianceBernstein
9
AllianceBernstein
Tennessee
$1.1B -$245M -710,281 -19%
AQR Capital Management
10
AQR Capital Management
Connecticut
$1.07B +$63.2M +183,542 +6%
Ameriprise
11
Ameriprise
Minnesota
$1.06B +$2.9M +8,418 +0.3%
JP Morgan Chase
12
JP Morgan Chase
New York
$993M +$85M +246,886 +10%
Northern Trust
13
Northern Trust
Illinois
$980M -$40.8M -118,390 -4%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$906M -$18.5M -53,707 -2%
Capital World Investors
15
Capital World Investors
California
$874M +$710M +2,063,598 +503%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$813M -$20.7M -60,074 -3%
Goldman Sachs
17
Goldman Sachs
New York
$800M -$3.46M -10,049 -0.4%
JSP
18
Jackson Square Partners
California
$792M +$41.7M +121,072 +6%
Norges Bank
19
Norges Bank
Norway
$764M -$2.74M -7,954 -0.4%
Bank of America
20
Bank of America
North Carolina
$714M +$15.6M +45,451 +2%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$658M -$80.1M -232,576 -11%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$630M -$65.6M -190,489 -10%
Deutsche Bank
23
Deutsche Bank
Germany
$589M +$3.11M +9,032 +0.5%
American Century Companies
24
American Century Companies
Missouri
$533M +$126M +366,361 +32%
UBS AM
25
UBS AM
Illinois
$513M +$121M +351,238 +32%

BIIB Hedge Fund Activity: Q3 2018 in Review

1,145 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Biogen (BIIB) for Q3 2018, worth a combined $62.8B — up 21% from $51.9B a quarter earlier.

Buyers outnumbered sellers: 142 funds opened new BIIB positions and 84 closed out — a net gain of 58 holders — while 345 added to existing stakes and 467 trimmed.

The largest buyer was Capital World Investors, adding an estimated $710M. The largest seller was Janus Henderson Group, cutting an estimated $372M.

  • 1,145 institutional investors held Biogen (BIIB) as of Q3 2018, up from 1,097 in Q2 2018.
  • Funds reported $62.8B of Biogen stock for Q3 2018, up 21% quarter-over-quarter.
  • 142 funds opened new Biogen positions in Q3 2018 and 84 closed out, a net change of +58 holders.
  • The largest Biogen buyer in Q3 2018 was Capital World Investors, an estimated $710M added.
  • The largest Biogen seller in Q3 2018 was Janus Henderson Group, an estimated $372M sold.

Based on aggregated 13F filings for Q3 2018.