Walgreens Boots Alliance
WBA was delisted on the 27th of August, 2025.
1,046 hedge funds and large institutions have $11.1B invested in Walgreens Boots Alliance in 2023 Q3 according to their latest regulatory filings, with 104 funds opening new positions, 382 increasing their positions, 424 reducing their positions, and 192 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more call options, than puts
Call options by funds: $463M | Put options by funds: $403M
10% less repeat investments, than reductions
Existing positions increased: 382 | Existing positions reduced: 424
1.45% less ownership
Funds ownership: 58.59% → 57.15% (-1.4%)
9% less funds holding
Funds holding: 1,149 → 1,046 (-103)
23% less capital invested
Capital invested by funds: $14.5B → $11.1B (-$3.39B)
46% less first-time investments, than exits
New positions opened: 104 | Existing positions closed: 192
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$291M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$134M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$80.1M |
| 4 |
Morgan Stanley
New York
|
+$45.7M |
| 5 |
Millennium Management
New York
|
+$39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$281M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$190M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$142M |
| 4 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$65.6M |
| 5 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$61.2M |
WBA Hedge Fund Activity: Q3 2023 in Review
1,046 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Walgreens Boots Alliance (WBA) for Q3 2023, worth a combined $11.1B — down 23% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 192 funds closed out of WBA and 104 opened new positions — a net loss of 88 holders — while 424 trimmed existing stakes and 382 added.
The largest buyer was Vanguard Group, adding an estimated $291M. The largest seller was Federated Hermes, cutting an estimated $281M.
- 1,046 institutional investors held Walgreens Boots Alliance (WBA) as of Q3 2023, down from 1,149 in Q2 2023.
- Funds reported $11.1B of Walgreens Boots Alliance stock for Q3 2023, down 23% quarter-over-quarter.
- 104 funds opened new Walgreens Boots Alliance positions in Q3 2023 and 192 closed out, a net change of -88 holders.
- The largest Walgreens Boots Alliance buyer in Q3 2023 was Vanguard Group, an estimated $291M added.
- The largest Walgreens Boots Alliance seller in Q3 2023 was Federated Hermes, an estimated $281M sold.
Based on aggregated 13F filings for Q3 2023.