Alector
ALEC
82 hedge funds and large institutions have $639M invested in Alector in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 14 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
150% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 14
28% more capital invested
Capital invested by funds: $500M → $639M (+$139M)
8% more funds holding
Funds holding: 76 → 82 (+6)
3.42% more ownership
Funds ownership: 50.37% → 53.79% (+3.4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.7M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$11.8M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$11.2M |
| 4 |
State Street
Boston,
Massachusetts
|
+$9.55M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OrbiMed
New York
|
-$26.3M |
| 2 |
FCMI
Foresite Capital Management IV
Larkspur,
California
|
-$9.91M |
| 3 |
Millennium Management
New York
|
-$1.96M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.21M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSFP
76
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| $16K | – | – | – |
|
77
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $10K | – | – | – |
|
78
US Bancorp
Minneapolis,
Minnesota
| $9K | +$4.25K | +250 | +100% |
|
|
CWA
79
Capital Wealth Alliance
Scottsdale,
Arizona
| $7K | +$4.25K | +250 | New |
|
80
Daiwa Securities Group
Tokyo,
Japan
| $7K | +$6.61K | +389 | New |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| $5K | +$5.1K | +300 | New |
|
|
MF
82
Manchester Financial
Westlake Village,
California
| $3K | +$3.4K | +200 | New |
|
|
83
Alyeska Investment Group
Chicago,
Illinois
| – | -$1.21M | -84,192 | Closed |
|
|
JG
84
Jefferies Group
New York
| – | -$399K | -27,700 | Closed |
|
85
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$295K | -20,447 | Closed |
|
|
BCM
86
BlueCrest Capital Management
St Helier,
Jersey
| – | -$275K | -19,095 | Closed |
|
87
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$209K | -14,485 | Closed |
|
88
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -100 | Closed |
|
ALEC Hedge Fund Activity: Q4 2019 in Review
82 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q4 2019, worth a combined $639M — up 28% from $500M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ALEC positions and 6 closed out — a net gain of 12 holders — while 35 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, adding an estimated $12.7M. The largest seller was OrbiMed, cutting an estimated $26.3M.
- 82 institutional investors held Alector (ALEC) as of Q4 2019, up from 76 in Q3 2019.
- Funds reported $639M of Alector stock for Q4 2019, up 28% quarter-over-quarter.
- 18 funds opened new Alector positions in Q4 2019 and 6 closed out, a net change of +12 holders.
- The largest Alector buyer in Q4 2019 was BlackRock, an estimated $12.7M added.
- The largest Alector seller in Q4 2019 was OrbiMed, an estimated $26.3M sold.
Based on aggregated 13F filings for Q4 2019.