Allegro MicroSystems
ALGM
171 hedge funds and large institutions have $1.83B invested in Allegro MicroSystems in 2022 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 83 increasing their positions, 42 reducing their positions, and 30 closing their positions.
98% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 42
3% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 30
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.6% less ownership
Funds ownership: 46.99% → 46.39% (-0.6%)
2% less funds holding
Funds holding: 174 → 171 (-3)
26% less capital invested
Capital invested by funds: $2.48B → $1.83B (-$646M)
87% less call options, than puts
Call options by funds: $2.18M | Put options by funds: $16.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$13.5M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$11.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$11M |
| 4 |
FHCM
Force Hill Capital Management
New York
|
+$9.42M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$8.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27M |
| 2 |
PCM
Parsifal Capital Management
Greenwich,
Connecticut
|
-$26.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$22M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$20.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11.9M |
ALGM Hedge Fund Activity: Q2 2022 in Review
171 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q2 2022, worth a combined $1.83B — down 26% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ALGM positions and 30 closed out — a net gain of 1 holder — while 83 added to existing stakes and 42 trimmed.
The largest buyer was Millennium Management, adding an estimated $13.5M. The largest seller was Fidelity Investments, cutting an estimated $27M.
- 171 institutional investors held Allegro MicroSystems (ALGM) as of Q2 2022, down from 174 in Q1 2022.
- Funds reported $1.83B of Allegro MicroSystems stock for Q2 2022, down 26% quarter-over-quarter.
- 31 funds opened new Allegro MicroSystems positions in Q2 2022 and 30 closed out, a net change of +1 holder.
- The largest Allegro MicroSystems buyer in Q2 2022 was Millennium Management, an estimated $13.5M added.
- The largest Allegro MicroSystems seller in Q2 2022 was Fidelity Investments, an estimated $27M sold.
Based on aggregated 13F filings for Q2 2022.