Alector
ALEC
138 hedge funds and large institutions have $1.02B invested in Alector in 2021 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 49 increasing their positions, 31 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
58% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 31
10% more call options, than puts
Call options by funds: $4.92M | Put options by funds: $4.46M
10% more capital invested
Capital invested by funds: $931M → $1.02B (+$92.7M)
9% more funds holding
Funds holding: 127 → 138 (+11)
3.45% more ownership
Funds ownership: 58.19% → 61.64% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EcoR1 Capital
San Francisco,
California
|
+$68.6M |
| 2 |
IC
Ikarian Capital
Dallas,
Texas
|
+$7.87M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.78M |
| 5 |
BM
Bridger Management
New York
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$18.1M |
| 2 |
Morgan Stanley
New York
|
-$6.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.49M |
| 4 |
Two Sigma Advisers
New York
|
-$3.91M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.71M |
ALEC Hedge Fund Activity: Q2 2021 in Review
138 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q2 2021, worth a combined $1.02B — up 10% from $931M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ALEC positions and 17 closed out — a net gain of 11 holders — while 49 added to existing stakes and 31 trimmed.
The largest buyer was EcoR1 Capital, adding an estimated $68.6M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $18.1M.
- 138 institutional investors held Alector (ALEC) as of Q2 2021, up from 127 in Q1 2021.
- Funds reported $1.02B of Alector stock for Q2 2021, up 10% quarter-over-quarter.
- 28 funds opened new Alector positions in Q2 2021 and 17 closed out, a net change of +11 holders.
- The largest Alector buyer in Q2 2021 was EcoR1 Capital, an estimated $68.6M added.
- The largest Alector seller in Q2 2021 was Gilder Gagnon Howe & Co, an estimated $18.1M sold.
Based on aggregated 13F filings for Q2 2021.