Alector
ALEC
76 hedge funds and large institutions have $500M invested in Alector in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 12 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
192% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 12
21% more funds holding
Funds holding: 63 → 76 (+13)
8.17% more ownership
Funds ownership: 42.2% → 50.37% (+8.2%)
9% less capital invested
Capital invested by funds: $551M → $500M (-$51.3M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$41.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.1M |
| 3 |
BlackRock
New York
|
+$23.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.86M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Alphabet Inc
Mountain View,
California
|
-$17.6M |
| 2 |
O
OrbiMed
New York
|
-$11.7M |
| 3 |
HCM
Highline Capital Management
New York
|
-$7.73M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.47M |
| 5 |
FCMI
Foresite Capital Management IV
Larkspur,
California
|
-$3.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | +$1.8K | +100 | New |
|
77
Citadel Advisors
Miami,
Florida
| – | -$798K | -41,980 | Closed |
|
|
SO
78
STRS Ohio
Columbus,
Ohio
| – | -$28K | -1,500 | Closed |
|
|
CCA
79
Catalyst Capital Advisors
Huntington,
New York
| – | -$7K | -350 | Closed |
|
80
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -210 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
ALEC Hedge Fund Activity: Q3 2019 in Review
76 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q3 2019, worth a combined $500M — down 9.3% from $551M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ALEC positions and 5 closed out — a net gain of 13 holders — while 35 added to existing stakes and 12 trimmed.
The largest buyer was Federated Hermes, adding an estimated $41.1M. The largest seller was Alphabet Inc, cutting an estimated $17.6M.
- 76 institutional investors held Alector (ALEC) as of Q3 2019, up from 63 in Q2 2019.
- Funds reported $500M of Alector stock for Q3 2019, down 9.3% quarter-over-quarter.
- 18 funds opened new Alector positions in Q3 2019 and 5 closed out, a net change of +13 holders.
- The largest Alector buyer in Q3 2019 was Federated Hermes, an estimated $41.1M added.
- The largest Alector seller in Q3 2019 was Alphabet Inc, an estimated $17.6M sold.
Based on aggregated 13F filings for Q3 2019.