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Alector

131 hedge funds and large institutions have $132M invested in Alector in 2025 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 41 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

221% more call options, than puts

Call options by funds: $863K | Put options by funds: $269K

3.53% more ownership

Funds ownership: 73.85%77.38% (+3.5%)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

2% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 41

12% less funds holding

Funds holding: 149131 (-18)

36% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 39

40% less capital invested

Capital invested by funds: $221M → $132M (-$89M)

Holders
131
Holders Change
-18
Holders Change %
-12.08%
% of All Funds
1.59%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
25
Increased
40
Reduced
41
Closed
39
Calls
$863K
Puts
$269K
Net Calls
+$594K
Net Calls Change
-$531K
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
1
TCG Crossover Management
California
$15.6M +$17.7M +10,000,000 New
BlackRock
2
BlackRock
New York
$11.2M -$89.1K -50,207 -0.7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$10.8M +$1.55M +873,395 +14%
FCMI
4
Foresite Capital Management IV
California
$6.06M +$6.9M +3,887,200 New
MC
5
Merck & Co
New Jersey
$5.53M
Acadian Asset Management
6
Acadian Asset Management
Massachusetts
$5.36M +$1.9M +1,069,464 +45%
6CM
7
683 Capital Management
New York
$5.23M +$4.17M +2,350,000 +235%
Balyasny Asset Management
8
Balyasny Asset Management
Illinois
$5.09M +$5.79M +3,265,575 New
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$3.69M +$2.46M +1,386,947 +142%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$3.48M -$23M -12,950,678 -85%
Jacobs Levy Equity Management
11
Jacobs Levy Equity Management
New Jersey
$3.39M +$1.67M +942,228 +77%
IC
12
Ikarian Capital
Texas
$3.25M +$2.35M +1,322,606 +174%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$3.24M +$380K +213,962 +11%
KCM
14
Kynam Capital Management
New Jersey
$3.12M +$3.55M +2,000,000 New
State Street
15
State Street
Massachusetts
$2.83M +$141K +79,619 +5%
Renaissance Technologies
16
Renaissance Technologies
New York
$2.41M +$1.05M +594,500 +63%
MC
17
Medici Capital
California
$2.34M +$1.81M +1,018,546 +211%
Millennium Management
18
Millennium Management
New York
$2.08M +$316K +177,887 +15%
EC
19
Euclidean Capital
New York
$2.04M
Marshall Wace
20
Marshall Wace
United Kingdom
$1.82M +$1.8M +1,015,174 +669%
SSC
21
Spruce Street Capital
New York
$1.74M +$1.98M +1,117,986 New
ACM
22
ADAR1 Capital Management
Texas
$1.73M +$1.97M +1,108,000 New
DM
23
Deerfield Management
New York
$1.65M
Two Sigma Investments
24
Two Sigma Investments
New York
$1.62M +$1.3M +732,477 +238%
Deutsche Bank
25
Deutsche Bank
Germany
$1.61M -$58.7K -33,061 -3%

ALEC Hedge Fund Activity: Q4 2025 in Review

131 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q4 2025, worth a combined $132M — down 40% from $221M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of ALEC and 25 opened new positions — a net loss of 14 holders — while 41 trimmed existing stakes and 40 added.

The largest buyer was TCG Crossover Management, opening a new position worth an estimated $17.7M. The largest seller was Fidelity Investments, cutting an estimated $23M.

  • 131 institutional investors held Alector (ALEC) as of Q4 2025, down from 149 in Q3 2025.
  • Funds reported $132M of Alector stock for Q4 2025, down 40% quarter-over-quarter.
  • 25 funds opened new Alector positions in Q4 2025 and 39 closed out, a net change of -14 holders.
  • The largest Alector buyer in Q4 2025 was TCG Crossover Management, an estimated $17.7M added.
  • The largest Alector seller in Q4 2025 was Fidelity Investments, an estimated $23M sold.

Based on aggregated 13F filings for Q4 2025.