Allegro MicroSystems
ALGM
353 hedge funds and large institutions have $4.41B invested in Allegro MicroSystems in 2023 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 137 increasing their positions, 97 reducing their positions, and 41 closing their positions.
100% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 41
41% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 97
13% more funds holding
Funds holding: 313 → 353 (+40)
0.04% more ownership
Funds ownership: 50.84% → 50.88% (+0.04%)
4% less call options, than puts
Call options by funds: $70.7M | Put options by funds: $73.8M
6% less capital invested
Capital invested by funds: $4.67B → $4.41B (-$267M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$27.5M |
| 2 |
Two Sigma Investments
New York
|
+$26.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.8M |
| 4 |
Two Sigma Advisers
New York
|
+$18.3M |
| 5 |
Morgan Stanley
New York
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$71.7M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$22.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$21.4M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$20.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.8M |
ALGM Hedge Fund Activity: Q2 2023 in Review
353 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q2 2023, worth a combined $4.41B — down 5.7% from $4.67B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new ALGM positions and 41 closed out — a net gain of 41 holders — while 137 added to existing stakes and 97 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $27.5M. The largest seller was Invesco, cutting an estimated $71.7M.
- 353 institutional investors held Allegro MicroSystems (ALGM) as of Q2 2023, up from 313 in Q1 2023.
- Funds reported $4.41B of Allegro MicroSystems stock for Q2 2023, down 5.7% quarter-over-quarter.
- 82 funds opened new Allegro MicroSystems positions in Q2 2023 and 41 closed out, a net change of +41 holders.
- The largest Allegro MicroSystems buyer in Q2 2023 was Massachusetts Financial Services, an estimated $27.5M added.
- The largest Allegro MicroSystems seller in Q2 2023 was Invesco, an estimated $71.7M sold.
Based on aggregated 13F filings for Q2 2023.