Allegro MicroSystems
ALGM
288 hedge funds and large institutions have $2.95B invested in Allegro MicroSystems in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 108 increasing their positions, 96 reducing their positions, and 75 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
13% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 96
0.52% less ownership
Funds ownership: 51.16% → 50.64% (-0.52%)
1% less capital invested
Capital invested by funds: $2.99B → $2.95B (-$37.4M)
7% less funds holding
Funds holding: 311 → 288 (-23)
14% less call options, than puts
Call options by funds: $77.3M | Put options by funds: $89.8M
24% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$48.2M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$38M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.7M |
| 4 |
Morgan Stanley
New York
|
+$34M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCA
OEP Capital Advisors
New York
|
-$143M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$29M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.2M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$21.2M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$19.9M |
ALGM Hedge Fund Activity: Q4 2023 in Review
288 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q4 2023, worth a combined $2.95B — down 1.3% from $2.99B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of ALGM and 57 opened new positions — a net loss of 18 holders — while 96 trimmed existing stakes and 108 added.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $48.2M. The largest seller was OEP Capital Advisors, cutting an estimated $143M.
- 288 institutional investors held Allegro MicroSystems (ALGM) as of Q4 2023, down from 311 in Q3 2023.
- Funds reported $2.95B of Allegro MicroSystems stock for Q4 2023, down 1.3% quarter-over-quarter.
- 57 funds opened new Allegro MicroSystems positions in Q4 2023 and 75 closed out, a net change of -18 holders.
- The largest Allegro MicroSystems buyer in Q4 2023 was T. Rowe Price Investment Management, an estimated $48.2M added.
- The largest Allegro MicroSystems seller in Q4 2023 was OEP Capital Advisors, an estimated $143M sold.
Based on aggregated 13F filings for Q4 2023.