Alector
ALEC
148 hedge funds and large institutions have $403M invested in Alector in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 40 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
48% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 40
30% more call options, than puts
Call options by funds: $442K | Put options by funds: $340K
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
14% more capital invested
Capital invested by funds: $355M → $403M (+$48.1M)
3.26% more ownership
Funds ownership: 70.77% → 74.02% (+3.3%)
2% more funds holding
Funds holding: 145 → 148 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$29M |
| 2 |
Morgan Stanley
New York
|
+$10.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.12M |
| 4 |
EC
Euclidean Capital
New York
|
+$2.12M |
| 5 |
Millennium Management
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.17M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.42M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$4.22M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.21M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
-$2.16M |
ALEC Hedge Fund Activity: Q3 2023 in Review
148 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q3 2023, worth a combined $403M — up 14% from $355M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ALEC positions and 17 closed out — a net gain of 3 holders — while 59 added to existing stakes and 40 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $29M. The largest seller was Vanguard Group, cutting an estimated $7.17M.
- 148 institutional investors held Alector (ALEC) as of Q3 2023, up from 145 in Q2 2023.
- Funds reported $403M of Alector stock for Q3 2023, up 14% quarter-over-quarter.
- 20 funds opened new Alector positions in Q3 2023 and 17 closed out, a net change of +3 holders.
- The largest Alector buyer in Q3 2023 was Fidelity Investments, an estimated $29M added.
- The largest Alector seller in Q3 2023 was Vanguard Group, an estimated $7.17M sold.
Based on aggregated 13F filings for Q3 2023.