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1,039 hedge funds and large institutions have $35B invested in Biogen in 2021 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 350 increasing their positions, 399 reducing their positions, and 124 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.71% less ownership

Funds ownership: 83.76%83.05% (-0.71%)

6% less funds holding

Funds holding: 1,1041,039 (-65)

12% less repeat investments, than reductions

Existing positions increased: 350 | Existing positions reduced: 399

20% less capital invested

Capital invested by funds: $43.5B → $35B (-$8.53B)

27% less call options, than puts

Call options by funds: $1.24B | Put options by funds: $1.7B

42% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 124

44% less funds holding in top 10

Funds holding in top 10: 2715 (-12)

Holders
1,039
Holders Change
-65
Holders Change %
-5.89%
% of All Funds
18.19%
Holding in Top 10
15
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-44.44%
% of All Funds
0.26%
New
72
Increased
350
Reduced
399
Closed
124
Calls
$1.24B
Puts
$1.7B
Net Calls
-$467M
Net Calls Change
-$356M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$4.6B -$65.4M -199,591 -1%
BlackRock
2
BlackRock
New York
$3.93B +$226M +689,662 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$3.31B -$20.1M -61,457 -0.5%
State Street
4
State Street
Massachusetts
$1.95B +$73.3M +223,496 +3%
JP Morgan Chase
5
JP Morgan Chase
New York
$1.59B +$82.1M +250,531 +5%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$1.58B -$7.91M -24,141 -0.4%
ClearBridge Investments
7
ClearBridge Investments
New York
$952M -$65.9M -201,185 -6%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$783M -$38.8M -118,484 -4%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$505M +$56.2M +171,573 +11%
Northern Trust
10
Northern Trust
Illinois
$498M -$101M -308,649 -15%
Norges Bank
11
Norges Bank
Norway
$459M -$65.3M -199,140 -11%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$456M -$51.1M -156,033 -9%
Legal & General Group
13
Legal & General Group
United Kingdom
$398M +$6.72M +20,504 +1%
Deutsche Bank
14
Deutsche Bank
Germany
$391M -$11M -33,712 -2%
UBS AM
15
UBS AM
Illinois
$352M +$34.9M +106,513 +9%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$333M -$57.2M -174,665 -13%
American Century Companies
17
American Century Companies
Missouri
$322M -$33.8M -103,224 -8%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$320M -$18.8M -57,498 -5%
Invesco
19
Invesco
Georgia
$280M -$17.3M -52,879 -5%
Renaissance Technologies
20
Renaissance Technologies
New York
$278M -$114M -348,296 -26%
Amundi
21
Amundi
France
$242M +$77.1M +235,305 +38%
Goldman Sachs
22
Goldman Sachs
New York
$226M -$13.5M -41,150 -5%
Morgan Stanley
23
Morgan Stanley
New York
$213M +$16.9M +51,540 +7%
Assenagon Asset Management
24
Assenagon Asset Management
Luxembourg
$213M +$131M +399,310 +113%
Bank of America
25
Bank of America
North Carolina
$210M +$16.6M +50,598 +7%

BIIB Hedge Fund Activity: Q3 2021 in Review

1,039 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Biogen (BIIB) for Q3 2021, worth a combined $35B — down 20% from $43.5B a quarter earlier.

Sellers outnumbered buyers: 124 funds closed out of BIIB and 72 opened new positions — a net loss of 52 holders — while 399 trimmed existing stakes and 350 added.

The largest buyer was BlackRock, adding an estimated $226M. The largest seller was Marshall Wace, cutting an estimated $210M.

  • 1,039 institutional investors held Biogen (BIIB) as of Q3 2021, down from 1,104 in Q2 2021.
  • Funds reported $35B of Biogen stock for Q3 2021, down 20% quarter-over-quarter.
  • 72 funds opened new Biogen positions in Q3 2021 and 124 closed out, a net change of -52 holders.
  • The largest Biogen buyer in Q3 2021 was BlackRock, an estimated $226M added.
  • The largest Biogen seller in Q3 2021 was Marshall Wace, an estimated $210M sold.

Based on aggregated 13F filings for Q3 2021.