Alector
ALEC
145 hedge funds and large institutions have $355M invested in Alector in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 55 increasing their positions, 36 reducing their positions, and 19 closing their positions.
380% more call options, than puts
Call options by funds: $283K | Put options by funds: $59K
53% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 36
0.92% more ownership
Funds ownership: 69.85% → 70.77% (+0.92%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $361M → $355M (-$6.37M)
2% less funds holding
Funds holding: 148 → 145 (-3)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.1M |
| 2 |
Morgan Stanley
New York
|
+$8.96M |
| 3 |
B
Braidwell
Stamford,
Connecticut
|
+$6.46M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.78M |
| 5 |
BlackRock
New York
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$15.8M |
| 2 |
State Street
Boston,
Massachusetts
|
-$5.91M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.3M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$1.25M |
| 5 |
NM
Newtyn Management
New York
|
-$959K |
ALEC Hedge Fund Activity: Q2 2023 in Review
145 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q2 2023, worth a combined $355M — down 1.8% from $361M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ALEC and 16 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 55 added.
The largest buyer was Fidelity Investments, adding an estimated $9.1M. The largest seller was Federated Hermes, cutting an estimated $15.8M.
- 145 institutional investors held Alector (ALEC) as of Q2 2023, down from 148 in Q1 2023.
- Funds reported $355M of Alector stock for Q2 2023, down 1.8% quarter-over-quarter.
- 16 funds opened new Alector positions in Q2 2023 and 19 closed out, a net change of -3 holders.
- The largest Alector buyer in Q2 2023 was Fidelity Investments, an estimated $9.1M added.
- The largest Alector seller in Q2 2023 was Federated Hermes, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2023.