Alector
ALEC
148 hedge funds and large institutions have $361M invested in Alector in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 20 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 39
25% more call options, than puts
Call options by funds: $328K | Put options by funds: $262K
3.76% more ownership
Funds ownership: 66.09% → 69.85% (+3.8%)
4% less funds holding
Funds holding: 154 → 148 (-6)
28% less capital invested
Capital invested by funds: $504M → $361M (-$144M)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Braidwell
Stamford,
Connecticut
|
+$20.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$10.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.73M |
| 5 |
BBA
Baker Bros. Advisors
New York
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$14.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.57M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.99M |
| 4 |
Man Group
London,
United Kingdom
|
-$1.59M |
| 5 |
Goldman Sachs
New York
|
-$1.41M |
ALEC Hedge Fund Activity: Q1 2023 in Review
148 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q1 2023, worth a combined $361M — down 28% from $504M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ALEC and 14 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 51 added.
The largest buyer was Braidwell, adding an estimated $20.2M. The largest seller was Federated Hermes, cutting an estimated $14.8M.
- 148 institutional investors held Alector (ALEC) as of Q1 2023, down from 154 in Q4 2022.
- Funds reported $361M of Alector stock for Q1 2023, down 28% quarter-over-quarter.
- 14 funds opened new Alector positions in Q1 2023 and 20 closed out, a net change of -6 holders.
- The largest Alector buyer in Q1 2023 was Braidwell, an estimated $20.2M added.
- The largest Alector seller in Q1 2023 was Federated Hermes, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2023.