Alector
ALEC
159 hedge funds and large institutions have $338M invested in Alector in 2024 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 49 reducing their positions, and 19 closing their positions.
61% more call options, than puts
Call options by funds: $698K | Put options by funds: $433K
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
3% more capital invested
Capital invested by funds: $330M → $338M (+$8.43M)
0% more funds holding
Funds holding: 159 → 159 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 49
0.86% less ownership
Funds ownership: 75.41% → 74.55% (-0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.24M |
| 2 |
JP Morgan Chase
New York
|
+$5.75M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$2.15M |
| 4 |
BlackRock
New York
|
+$1.34M |
| 5 |
ACM
ADAR1 Capital Management
Austin,
Texas
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.76M |
| 2 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
-$5.53M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.84M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.54M |
| 5 |
B
Braidwell
Stamford,
Connecticut
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMAM
176
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$3K | -673 | Closed |
|
177
Pacer Advisors
Malvern,
Pennsylvania
| – | -$2.6K | -572 | Closed |
|
|
C
178
Covestor
London,
United Kingdom
| – | -$5 | -1 | -7% |
|
ALEC Hedge Fund Activity: Q3 2024 in Review
159 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q3 2024, worth a combined $338M — up 2.6% from $330M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ALEC positions and 19 closed out — a net gain of 1 holder — while 49 added to existing stakes and 49 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.24M. The largest seller was Deutsche Bank, cutting an estimated $5.76M.
- 159 institutional investors held Alector (ALEC) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $338M of Alector stock for Q3 2024, up 2.6% quarter-over-quarter.
- 20 funds opened new Alector positions in Q3 2024 and 19 closed out, a net change of +1 holder.
- The largest Alector buyer in Q3 2024 was Morgan Stanley, an estimated $7.24M added.
- The largest Alector seller in Q3 2024 was Deutsche Bank, an estimated $5.76M sold.
Based on aggregated 13F filings for Q3 2024.