Alector
ALEC
145 hedge funds and large institutions have $1.19B invested in Alector in 2021 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 60 increasing their positions, 26 reducing their positions, and 14 closing their positions.
131% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 26
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
16% more capital invested
Capital invested by funds: $1.02B → $1.19B (+$168M)
5% more funds holding
Funds holding: 138 → 145 (+7)
2.94% more ownership
Funds ownership: 61.64% → 64.58% (+2.9%)
20% less call options, than puts
Call options by funds: $5.3M | Put options by funds: $6.64M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
+$30.3M |
| 2 |
State Street
Boston,
Massachusetts
|
+$23.6M |
| 3 |
EC
EcoR1 Capital
San Francisco,
California
|
+$21.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.7M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$30.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.1M |
| 3 |
IC
Ikarian Capital
Dallas,
Texas
|
-$14.1M |
| 4 |
O
OrbiMed
New York
|
-$12.7M |
| 5 |
BM
Bridger Management
New York
|
-$4.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Belvedere Trading
Chicago,
Illinois
| – | -$804K | -24,711 | Closed |
|
|
BAM
152
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$389K | -18,675 | Closed |
|
153
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$387K | -18,587 | Closed |
|
154
Verition Fund Management
Greenwich,
Connecticut
| – | -$311K | -14,923 | Closed |
|
|
ECG
155
EPIQ Capital Group
San Francisco,
California
| – | -$223K | -10,687 | Closed |
|
|
VIA
156
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$211K | -10,124 | Closed |
|
|
TI
157
Trexquant Investment
Stamford,
Connecticut
| – | -$206K | -9,901 | Closed |
|
|
ASN
158
Advisory Services Network
Atlanta,
Georgia
| – | -$3K | -124 | Closed |
|
ALEC Hedge Fund Activity: Q3 2021 in Review
145 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q3 2021, worth a combined $1.19B — up 16% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ALEC positions and 14 closed out — a net gain of 8 holders — while 60 added to existing stakes and 26 trimmed.
The largest buyer was Marshall Wace North America, opening a new position worth an estimated $30.3M. The largest seller was Franklin Resources, cutting an estimated $30.4M.
- 145 institutional investors held Alector (ALEC) as of Q3 2021, up from 138 in Q2 2021.
- Funds reported $1.19B of Alector stock for Q3 2021, up 16% quarter-over-quarter.
- 22 funds opened new Alector positions in Q3 2021 and 14 closed out, a net change of +8 holders.
- The largest Alector buyer in Q3 2021 was Marshall Wace North America, an estimated $30.3M added.
- The largest Alector seller in Q3 2021 was Franklin Resources, an estimated $30.4M sold.
Based on aggregated 13F filings for Q3 2021.