Walgreens Boots Alliance
WBA was delisted on the 27th of August, 2025.
1,237 hedge funds and large institutions have $17.5B invested in Walgreens Boots Alliance in 2023 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 539 increasing their positions, 386 reducing their positions, and 131 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 539 | Existing positions reduced: 386
27% more call options, than puts
Call options by funds: $600M | Put options by funds: $474M
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
0.08% more ownership
Funds ownership: 58.41% → 58.49% (+0.08%)
3% less funds holding
Funds holding: 1,276 → 1,237 (-39)
7% less capital invested
Capital invested by funds: $18.9B → $17.5B (-$1.35B)
11% less first-time investments, than exits
New positions opened: 116 | Existing positions closed: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$99.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$91.5M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$87.3M |
| 4 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$53.2M |
| 5 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$224M |
| 2 |
Renaissance Technologies
New York
|
-$87.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$61.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$48.1M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$46.8M |
WBA Hedge Fund Activity: Q1 2023 in Review
1,237 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Walgreens Boots Alliance (WBA) for Q1 2023, worth a combined $17.5B — down 7.2% from $18.9B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of WBA and 116 opened new positions — a net loss of 15 holders — while 386 trimmed existing stakes and 539 added.
The largest buyer was BlackRock, adding an estimated $99.3M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $224M sold.
- 1,237 institutional investors held Walgreens Boots Alliance (WBA) as of Q1 2023, down from 1,276 in Q4 2022.
- Funds reported $17.5B of Walgreens Boots Alliance stock for Q1 2023, down 7.2% quarter-over-quarter.
- 116 funds opened new Walgreens Boots Alliance positions in Q1 2023 and 131 closed out, a net change of -15 holders.
- The largest Walgreens Boots Alliance buyer in Q1 2023 was BlackRock, an estimated $99.3M added.
- The largest Walgreens Boots Alliance seller in Q1 2023 was Arrowstreet Capital, an estimated $224M sold.
Based on aggregated 13F filings for Q1 2023.