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Allegro MicroSystems

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.

New
Increased
Maintained
Reduced
Closed

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: 313353 (+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: 42 (-2)

Holders
353
Holders Change
+40
Holders Change %
+12.78%
% of All Funds
5.54%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
82
Increased
137
Reduced
97
Closed
41
Calls
$70.7M
Puts
$73.8M
Net Calls
-$3.13M
Net Calls Change
-$66.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$28.8M -$1.61M -39,774 -6%
TCM
27
TimesSquare Capital Management
New York
$27.5M +$1.29M +31,890 +6%
GKIM
28
GW&K Investment Management
Massachusetts
$25.5M -$1.45M -35,760 -6%
Charles Schwab
29
Charles Schwab
California
$25.5M +$103K +2,554 +0.5%
JAM
30
Jupiter Asset Management
United Kingdom
$25.4M +$10.9M +269,481 +91%
Renaissance Technologies
31
Renaissance Technologies
New York
$25.3M +$5.54M +136,800 +32%
Voloridge Investment Management
32
Voloridge Investment Management
Florida
$25M +$845K +20,880 +4%
CSS
33
Cubist Systematic Strategies
Connecticut
$24.8M +$8.42M +207,860 +61%
New York State Common Retirement Fund
34
New York State Common Retirement Fund
New York
$24.5M -$2.49M -61,463 -10%
Two Sigma Advisers
35
Two Sigma Advisers
New York
$24.2M +$18.3M +453,000 +548%
Ameriprise
36
Ameriprise
Minnesota
$23.6M +$1.64M +40,615 +8%
Norges Bank
37
Norges Bank
Norway
$22.5M -$6.34M -156,636 -24%
Northern Trust
38
Northern Trust
Illinois
$22.1M -$809K -19,973 -4%
N
39
Nuveen
North Carolina
$19.7M -$594K -14,681 -3%
Loomis, Sayles & Company
40
Loomis, Sayles & Company
Massachusetts
$19M -$520K -12,838 -3%
ACH
41
ArrowMark Colorado Holdings
Colorado
$18.3M +$1.27M +31,386 +8%
Adage Capital Partners
42
Adage Capital Partners
Massachusetts
$17.2M +$5.8M +143,348 +60%
AQR Capital Management
43
AQR Capital Management
Connecticut
$17.2M +$7.22M +178,423 +88%
BAMCO Inc
44
BAMCO Inc
New York
$16.6M -$3.24M -80,000 -18%
RI
45
Redwood Investments
Massachusetts
$14.9M +$2.94M +72,592 +28%
Bank of America
46
Bank of America
North Carolina
$14.5M -$8.22M -203,109 -39%
AM
47
AGF Management
Ontario, Canada
$14.4M
Dimensional Fund Advisors
48
Dimensional Fund Advisors
Texas
$13.9M +$4.08M +100,657 +48%
Wells Fargo
49
Wells Fargo
California
$13.8M +$5.78M +142,843 +87%
Twin Tree Management
50
Twin Tree Management
Texas
$13M -$11.4M -281,823 -49%

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.