Alector
ALEC
159 hedge funds and large institutions have $330M invested in Alector in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 50 reducing their positions, and 19 closing their positions.
341% more call options, than puts
Call options by funds: $300K | Put options by funds: $68K
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
16% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 50
1% more funds holding
Funds holding: 157 → 159 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.08% less ownership
Funds ownership: 77.49% → 75.41% (-2.1%)
26% less capital invested
Capital invested by funds: $447M → $330M (-$117M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
+$11.5M |
| 2 |
BBA
Baker Bros. Advisors
New York
|
+$4.77M |
| 3 |
DTC
Deep Track Capital
Greenwich,
Connecticut
|
+$4.44M |
| 4 |
BlackRock
New York
|
+$3.18M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EcoR1 Capital
San Francisco,
California
|
-$24.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$5.79M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.68M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.13M |
| 5 |
Morgan Stanley
New York
|
-$1.54M |
ALEC Hedge Fund Activity: Q2 2024 in Review
159 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q2 2024, worth a combined $330M — down 26% from $447M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ALEC positions and 19 closed out — a net gain of 4 holders — while 58 added to existing stakes and 50 trimmed.
The largest buyer was Soleus Capital Management, opening a new position worth an estimated $11.5M. The largest seller was EcoR1 Capital, exiting entirely with an estimated $24.4M sold.
- 159 institutional investors held Alector (ALEC) as of Q2 2024, up from 157 in Q1 2024.
- Funds reported $330M of Alector stock for Q2 2024, down 26% quarter-over-quarter.
- 23 funds opened new Alector positions in Q2 2024 and 19 closed out, a net change of +4 holders.
- The largest Alector buyer in Q2 2024 was Soleus Capital Management, an estimated $11.5M added.
- The largest Alector seller in Q2 2024 was EcoR1 Capital, an estimated $24.4M sold.
Based on aggregated 13F filings for Q2 2024.