Allegro MicroSystems
ALGM
313 hedge funds and large institutions have $4.67B invested in Allegro MicroSystems in 2023 Q1 according to their latest regulatory filings, with 119 funds opening new positions, 84 increasing their positions, 82 reducing their positions, and 22 closing their positions.
441% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 22
303% more call options, than puts
Call options by funds: $84.1M | Put options by funds: $20.9M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
62% more capital invested
Capital invested by funds: $2.89B → $4.67B (+$1.78B)
43% more funds holding
Funds holding: 219 → 313 (+94)
2% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 82
0.46% more ownership
Funds ownership: 50.38% → 50.84% (+0.46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$99.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$35M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$29.4M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCA
OEP Capital Advisors
New York
|
-$203M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$53.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.1M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$36.2M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$32.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOW
326
State of Wyoming
Cheyenne,
Wyoming
| – | -$71.8K | -2,393 | Closed |
|
|
VCM
327
Vigilant Capital Management
Portland,
Maine
| – | -$33K | -1,100 | Closed |
|
|
PWMG
328
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$7.63K | -254 | Closed |
|
|
FDCDDQ
329
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$7.5K | -250 | Closed |
|
|
ZB
330
Zions Bancorporation
Salt Lake City,
Utah
| – | -$600 | -20 | Closed |
|
|
AWM
331
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$478 | -15 | Closed |
|
|
CWC
332
Carolinas Wealth Consulting
Charlotte,
North Carolina
| – | -$420 | -14 | Closed |
|
333
CI Investments Inc
Toronto,
Ontario, Canada
| – | +$163 | +4 | New |
|
|
AW
334
Avion Wealth
The Woodlands,
Texas
| – | +$610 | +15 | New |
|
ALGM Hedge Fund Activity: Q1 2023 in Review
313 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q1 2023, worth a combined $4.67B — up 62% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new ALGM positions and 22 closed out — a net gain of 97 holders — while 84 added to existing stakes and 82 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $99.1M. The largest seller was OEP Capital Advisors, cutting an estimated $203M.
- 313 institutional investors held Allegro MicroSystems (ALGM) as of Q1 2023, up from 219 in Q4 2022.
- Funds reported $4.67B of Allegro MicroSystems stock for Q1 2023, up 62% quarter-over-quarter.
- 119 funds opened new Allegro MicroSystems positions in Q1 2023 and 22 closed out, a net change of +97 holders.
- The largest Allegro MicroSystems buyer in Q1 2023 was Fidelity Investments, an estimated $99.1M added.
- The largest Allegro MicroSystems seller in Q1 2023 was OEP Capital Advisors, an estimated $203M sold.
Based on aggregated 13F filings for Q1 2023.