As of June 30, 2025, AbbVie Inc. (Symbol: ABBV) was held by 15 hedge funds, revealing a notable trend in long positions among these managers. The total share count for ABBV increased by approximately 3.80%, from 228,713,536 shares to 237,395,195, totaling an increase of 8,681,659 shares compared to the previous quarter.
During this latest reporting period, 6 funds increased their ABBV holdings, while 8 funds reduced their positions. Overall, the aggregate change in share count across these firms was a decrease of 368,170 shares and a reduction in market value by $189,095,000. Notably, Citigroup Inc. and Nomura Asset Management made significant reductions, decreasing their holdings by 281,309 and 65,941 shares, respectively.
This collective insight into hedge fund movement reflects a mixed sentiment toward AbbVie, highlighting the need for further examination of these trends for investment strategies.
