Alector
ALEC
148 hedge funds and large institutions have $547M invested in Alector in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 48 increasing their positions, 49 reducing their positions, and 15 closing their positions.
36% more capital invested
Capital invested by funds: $403M → $547M (+$145M)
7.48% more ownership
Funds ownership: 74.02% → 81.51% (+7.5%)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0% more funds holding
Funds holding: 148 → 148 (0)
2% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 49
20% less call options, than puts
Call options by funds: $541K | Put options by funds: $675K
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$35.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.66M |
| 4 |
BlackRock
New York
|
+$2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.72M |
| 2 |
BBA
Baker Bros. Advisors
New York
|
-$6.25M |
| 3 |
B
Braidwell
Stamford,
Connecticut
|
-$4.44M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.55M |
| 5 |
JP Morgan Chase
New York
|
-$2.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
151
Bailard
Foster City,
California
| – | -$119K | -18,300 | Closed |
|
|
SSA
152
Schonfeld Strategic Advisors
New York
| – | -$114K | -17,556 | Closed |
|
153
Citadel Advisors
Miami,
Florida
| – | -$47.2K | -7,960 | Closed |
|
|
HTC
154
Hershey Trust Company
Hershey,
Pennsylvania
| – | -$33.3K | -5,143 | Closed |
|
155
Bessemer Group
Woodbridge,
New Jersey
| – | -$20K | -3,061 | Closed |
|
156
Simplex Trading
Chicago,
Illinois
| – | -$2.63K | -444 | Closed |
|
|
EWA
157
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$1.46K | -225 | Closed |
|
|
BHWM
158
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$1.02K | -157 | Closed |
|
|
AF
159
Allworth Financial
Folsom,
California
| – | -$396 | -61 | Closed |
|
|
AWA
160
Authentikos Wealth Advisory
Morgan Hill,
California
| – | -$156 | -24 | Closed |
|
161
AssetMark Inc
Concord,
California
| – | -$13 | -2 | Closed |
|
|
C
162
Covestor
London,
United Kingdom
| – | -$6 | -1 | -10% |
|
ALEC Hedge Fund Activity: Q4 2023 in Review
148 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q4 2023, worth a combined $547M — up 36% from $403M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ALEC positions and 15 closed out — a net gain of 1 holder — while 48 added to existing stakes and 49 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $35.3M. The largest seller was Vanguard Group, cutting an estimated $6.72M.
- 148 institutional investors held Alector (ALEC) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $547M of Alector stock for Q4 2023, up 36% quarter-over-quarter.
- 16 funds opened new Alector positions in Q4 2023 and 15 closed out, a net change of +1 holder.
- The largest Alector buyer in Q4 2023 was Morgan Stanley, an estimated $35.3M added.
- The largest Alector seller in Q4 2023 was Vanguard Group, an estimated $6.72M sold.
Based on aggregated 13F filings for Q4 2023.