Allegro MicroSystems
ALGM
268 hedge funds and large institutions have $3.03B invested in Allegro MicroSystems in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 110 increasing their positions, 85 reducing their positions, and 45 closing their positions.
142% more call options, than puts
Call options by funds: $40.8M | Put options by funds: $16.9M
29% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 85
8% more capital invested
Capital invested by funds: $2.8B → $3.03B (+$226M)
1.49% more ownership
Funds ownership: 53.83% → 55.32% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 277 → 268 (-9)
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$99.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$62M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$52.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$48.5M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$41.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCA
OEP Capital Advisors
New York
|
-$121M |
| 2 |
Morgan Stanley
New York
|
-$40.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$28.1M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$25M |
| 5 |
BAMCO Inc
New York
|
-$18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
301
Magnetar Financial
Evanston,
Illinois
| – | -$275K | -10,210 | Closed |
|
|
YMRC
302
Yorktown Management & Research Company
Forest,
Virginia
| – | -$248K | -9,200 | Closed |
|
|
PFM
303
Premier Fund Managers
Guildford,
United Kingdom
| – | -$190K | -7,089 | Closed |
|
|
PI
304
PEAK6 Investments
Chicago,
Illinois
| – | -$178K | -6,595 | Closed |
|
|
EC
305
EntryPoint Capital
New York
| – | -$103K | -3,814 | Closed |
|
306
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$77K | -2,909 | Closed |
|
307
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$20.1K | -750 | Closed |
|
|
N
308
Natixis
Paris,
France
| – | -$6.25K | -232 | Closed |
|
|
AIM
309
Anchor Investment Management
Columbia,
South Carolina
| – | -$6.07K | -225 | Closed |
|
|
PPC
310
Park Place Capital
Homewood,
Alabama
| – | -$4.58K | -170 | Closed |
|
|
AEPWM
311
Atlantic Edge Private Wealth Management
Jacksonville,
Florida
| – | -$674 | -25 | Closed |
|
|
FGAM
312
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$14 | -1 | Closed |
|
ALGM Hedge Fund Activity: Q2 2024 in Review
268 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q2 2024, worth a combined $3.03B — up 8.1% from $2.8B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of ALGM and 40 opened new positions — a net loss of 5 holders — while 85 trimmed existing stakes and 110 added.
The largest buyer was JP Morgan Chase, adding an estimated $99.2M. The largest seller was OEP Capital Advisors, cutting an estimated $121M.
- 268 institutional investors held Allegro MicroSystems (ALGM) as of Q2 2024, down from 277 in Q1 2024.
- Funds reported $3.03B of Allegro MicroSystems stock for Q2 2024, up 8.1% quarter-over-quarter.
- 40 funds opened new Allegro MicroSystems positions in Q2 2024 and 45 closed out, a net change of -5 holders.
- The largest Allegro MicroSystems buyer in Q2 2024 was JP Morgan Chase, an estimated $99.2M added.
- The largest Allegro MicroSystems seller in Q2 2024 was OEP Capital Advisors, an estimated $121M sold.
Based on aggregated 13F filings for Q2 2024.