Alector
ALEC
105 hedge funds and large institutions have $1.16B invested in Alector in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 38 increasing their positions, 25 reducing their positions, and 9 closing their positions.
259% more call options, than puts
Call options by funds: $3.23M | Put options by funds: $899K
256% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 9
81% more capital invested
Capital invested by funds: $639M → $1.16B (+$517M)
52% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 25
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more funds holding
Funds holding: 82 → 105 (+23)
6.86% more ownership
Funds ownership: 53.79% → 60.65% (+6.9%)
Top Buyers
| 1 |
RCM
RA Capital Management
Boston,
Massachusetts
|
+$79.7M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$69.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$41.3M |
| 4 |
BlackRock
New York
|
+$32.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.6M |
Top Sellers
| 1 |
O
OrbiMed
New York
|
-$67.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$12.1M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$9.32M |
| 4 |
DM
Deerfield Management
New York
|
-$8.61M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$7.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RE
101
RBC Europe
London,
United Kingdom
| $2.2K | +$2.32K | +91 | New |
|
|
S
102
SignatureFD
Atlanta,
Georgia
| $2K | +$1.76K | +69 | New |
|
|
TFA
103
Toth Financial Advisory
Leesburg,
Virginia
| $2K | +$2.17K | +85 | New |
|
|
FHA
104
Flagship Harbor Advisors
Boston,
Massachusetts
| $1K | +$765 | +30 | New |
|
105
First Manhattan
New York
| $1K | +$1.53K | +60 | New |
|
|
FCMI
106
Foresite Capital Management IV
Larkspur,
California
| – | -$6.09M | -353,462 | Closed |
|
107
Squarepoint
New York
| – | -$832K | -48,287 | Closed |
|
108
Rafferty Asset Management
New York
| – | -$455K | -26,406 | Closed |
|
|
AGM
109
Alpine Global Management
New York
| – | -$447K | -25,947 | Closed |
|
110
Marshall Wace
London,
United Kingdom
| – | -$275K | -15,968 | Closed |
|
|
SIM
111
Spark Investment Management
New York
| – | -$255K | -14,800 | Closed |
|
|
PCM
112
Pentwater Capital Management
Naples,
Florida
| – | -$48K | -2,800 | Closed |
|
|
TRCT
113
Tower Research Capital (TRC)
New York
| – | -$5K | -300 | Closed |
|
|
CWA
114
Capital Wealth Alliance
Scottsdale,
Arizona
| – | -$7K | -250 | Closed |
|
ALEC Hedge Fund Activity: Q1 2020 in Review
105 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q1 2020, worth a combined $1.16B — up 81% from $639M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ALEC positions and 9 closed out — a net gain of 23 holders — while 38 added to existing stakes and 25 trimmed.
The largest buyer was RA Capital Management, adding an estimated $79.7M. The largest seller was OrbiMed, cutting an estimated $67.8M.
- 105 institutional investors held Alector (ALEC) as of Q1 2020, up from 82 in Q4 2019.
- Funds reported $1.16B of Alector stock for Q1 2020, up 81% quarter-over-quarter.
- 32 funds opened new Alector positions in Q1 2020 and 9 closed out, a net change of +23 holders.
- The largest Alector buyer in Q1 2020 was RA Capital Management, an estimated $79.7M added.
- The largest Alector seller in Q1 2020 was OrbiMed, an estimated $67.8M sold.
Based on aggregated 13F filings for Q1 2020.