Alector
ALEC
142 hedge funds and large institutions have $519M invested in Alector in 2020 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 45 increasing their positions, 35 reducing their positions, and 30 closing their positions.
108% more call options, than puts
Call options by funds: $2.97M | Put options by funds: $1.43M
29% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 35
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
5% more funds holding
Funds holding: 135 → 142 (+7)
0.92% less ownership
Funds ownership: 63.39% → 62.48% (-0.92%)
58% less capital invested
Capital invested by funds: $1.22B → $519M (-$705M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$28.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$22.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$9.85M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$9.68M |
| 5 |
CC
Casdin Capital
New York
|
+$9.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OrbiMed
New York
|
-$52.6M |
| 2 |
APM
Avidity Partners Management
Dallas,
Texas
|
-$16.8M |
| 3 |
PA
Perceptive Advisors
New York
|
-$12.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.5M |
| 5 |
Holocene Advisors
New York
|
-$8.36M |
ALEC Hedge Fund Activity: Q3 2020 in Review
142 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q3 2020, worth a combined $519M — down 58% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ALEC positions and 30 closed out — a net gain of 7 holders — while 45 added to existing stakes and 35 trimmed.
The largest buyer was State Street, adding an estimated $28.7M. The largest seller was OrbiMed, cutting an estimated $52.6M.
- 142 institutional investors held Alector (ALEC) as of Q3 2020, up from 135 in Q2 2020.
- Funds reported $519M of Alector stock for Q3 2020, down 58% quarter-over-quarter.
- 37 funds opened new Alector positions in Q3 2020 and 30 closed out, a net change of +7 holders.
- The largest Alector buyer in Q3 2020 was State Street, an estimated $28.7M added.
- The largest Alector seller in Q3 2020 was OrbiMed, an estimated $52.6M sold.
Based on aggregated 13F filings for Q3 2020.