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1,140 hedge funds and large institutions have $52.2B invested in Biogen in 2018 Q4 according to their latest regulatory filings, with 130 funds opening new positions, 374 increasing their positions, 452 reducing their positions, and 123 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more funds holding in top 10

Funds holding in top 10: 2829 (+1)

6% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 123

0% less funds holding

Funds holding: 1,1451,140 (-5)

0.93% less ownership

Funds ownership: 88.17%87.24% (-0.93%)

17% less capital invested

Capital invested by funds: $62.8B → $52.2B (-$10.5B)

17% less repeat investments, than reductions

Existing positions increased: 374 | Existing positions reduced: 452

26% less call options, than puts

Call options by funds: $992M | Put options by funds: $1.34B

Holders
1,140
Holders Change
-5
Holders Change %
-0.44%
% of All Funds
25.4%
Holding in Top 10
29
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+3.57%
% of All Funds
0.65%
New
130
Increased
374
Reduced
452
Closed
123
Calls
$992M
Puts
$1.34B
Net Calls
-$347M
Net Calls Change
+$428M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$4.99B +$22.5M +70,603 +0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.57B +$114M +356,482 +2%
Primecap Management
3
Primecap Management
California
$4.43B -$50.3M -157,579 -1%
State Street
4
State Street
Massachusetts
$2.64B -$20.3M -63,643 -0.7%
ClearBridge Investments
5
ClearBridge Investments
New York
$2.63B -$36.9M -115,604 -1%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$1.63B -$42.5M -133,019 -2%
Capital World Investors
7
Capital World Investors
California
$1.21B +$492M +1,541,859 +62%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$1.1B -$208M -651,121 -15%
AQR Capital Management
9
AQR Capital Management
Connecticut
$950M +$42.1M +132,044 +4%
Invesco
10
Invesco
Georgia
$941M -$154M -482,787 -13%
Northern Trust
11
Northern Trust
Illinois
$875M +$42.5M +133,137 +5%
AllianceBernstein
12
AllianceBernstein
Tennessee
$852M -$92.5M -289,916 -9%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$815M +$46.1M +144,464 +6%
JP Morgan Chase
14
JP Morgan Chase
New York
$803M -$45.2M -141,554 -5%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$673M -$21M -65,895 -3%
Ameriprise
16
Ameriprise
Minnesota
$661M -$188M -588,438 -21%
Norges Bank
17
Norges Bank
Norway
$645M -$6.47M -20,265 -0.9%
Bank of America
18
Bank of America
North Carolina
$580M -$30.6M -95,920 -5%
JSP
19
Jackson Square Partners
California
$577M -$103M -324,104 -14%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$575M +$15M +47,142 +3%
Goldman Sachs
21
Goldman Sachs
New York
$542M -$147M -462,032 -20%
American Century Companies
22
American Century Companies
Missouri
$502M +$51.3M +160,607 +11%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$459M +$30.1M +94,227 +7%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$386M -$159M -499,136 -28%
Deutsche Bank
25
Deutsche Bank
Germany
$374M -$135M -423,325 -25%

BIIB Hedge Fund Activity: Q4 2018 in Review

1,140 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Biogen (BIIB) for Q4 2018, worth a combined $52.2B — down 17% from $62.8B a quarter earlier.

Buyers outnumbered sellers: 130 funds opened new BIIB positions and 123 closed out — a net gain of 7 holders — while 374 added to existing stakes and 452 trimmed.

The largest buyer was Capital World Investors, adding an estimated $492M. The largest seller was Fidelity Investments, cutting an estimated $208M.

  • 1,140 institutional investors held Biogen (BIIB) as of Q4 2018, down from 1,145 in Q3 2018.
  • Funds reported $52.2B of Biogen stock for Q4 2018, down 17% quarter-over-quarter.
  • 130 funds opened new Biogen positions in Q4 2018 and 123 closed out, a net change of +7 holders.
  • The largest Biogen buyer in Q4 2018 was Capital World Investors, an estimated $492M added.
  • The largest Biogen seller in Q4 2018 was Fidelity Investments, an estimated $208M sold.

Based on aggregated 13F filings for Q4 2018.