Alector
ALEC
157 hedge funds and large institutions have $447M invested in Alector in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 60 increasing their positions, 36 reducing their positions, and 17 closing their positions.
8,400% more call options, than puts
Call options by funds: $425K | Put options by funds: $5K
67% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 36
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
6% more funds holding
Funds holding: 148 → 157 (+9)
1.51% more ownership
Funds ownership: 75.98% → 77.49% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less capital invested
Capital invested by funds: $510M → $447M (-$63.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DTC
Deep Track Capital
Greenwich,
Connecticut
|
+$24.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.4M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$7.24M |
| 4 |
State Street
Boston,
Massachusetts
|
+$5.22M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.8M |
| 2 |
B
Braidwell
Stamford,
Connecticut
|
-$6.17M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.03M |
| 4 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
-$1.92M |
| 5 |
HF
HRT Financial
New York
|
-$1.91M |
ALEC Hedge Fund Activity: Q1 2024 in Review
157 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q1 2024, worth a combined $447M — down 12% from $510M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ALEC positions and 17 closed out — a net gain of 11 holders — while 60 added to existing stakes and 36 trimmed.
The largest buyer was Deep Track Capital, opening a new position worth an estimated $24.6M. The largest seller was Morgan Stanley, cutting an estimated $8.8M.
- 157 institutional investors held Alector (ALEC) as of Q1 2024, up from 148 in Q4 2023.
- Funds reported $447M of Alector stock for Q1 2024, down 12% quarter-over-quarter.
- 28 funds opened new Alector positions in Q1 2024 and 17 closed out, a net change of +11 holders.
- The largest Alector buyer in Q1 2024 was Deep Track Capital, an estimated $24.6M added.
- The largest Alector seller in Q1 2024 was Morgan Stanley, an estimated $8.8M sold.
Based on aggregated 13F filings for Q1 2024.