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Allegro MicroSystems

277 hedge funds and large institutions have $2.8B invested in Allegro MicroSystems in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 105 increasing their positions, 93 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 93

3.19% more ownership

Funds ownership: 50.64%53.83% (+3.2%)

5% less capital invested

Capital invested by funds: $2.95B → $2.8B (-$145M)

4% less funds holding

Funds holding: 288277 (-11)

17% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 52

32% less call options, than puts

Call options by funds: $64.6M | Put options by funds: $95.2M

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
277
Holders Change
-11
Holders Change %
-3.82%
% of All Funds
3.99%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
43
Increased
105
Reduced
93
Closed
52
Calls
$64.6M
Puts
$95.2M
Net Calls
-$30.6M
Net Calls Change
-$18M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
26
Dimensional Fund Advisors
Texas
$23.8M +$2.37M +82,024 +10%
CCM
27
Cinctive Capital Management
New York
$22.9M +$24.5M +848,343 New
Federated Hermes
28
Federated Hermes
Pennsylvania
$18.9M -$6.54M -226,370 -24%
Norges Bank
29
Norges Bank
Norway
$18.8M +$5.09M +175,995 +34%
Charles Schwab
30
Charles Schwab
California
$18.4M +$923K +31,953 +5%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$18.3M -$681K -23,567 -3%
BAMCO Inc
32
BAMCO Inc
New York
$18M +$16M +553,016 +478%
New York State Common Retirement Fund
33
New York State Common Retirement Fund
New York
$17.8M +$2.92M +101,057 +18%
SAM
34
Silvercrest Asset Management
New York
$17.1M +$14.3M +495,935 +363%
Citadel Advisors
35
Citadel Advisors
Florida
$16.5M +$5.14M +177,710 +41%
Bank of America
36
Bank of America
North Carolina
$15.4M +$4.38M +151,691 +36%
Schroder Investment Management Group
37
Schroder Investment Management Group
United Kingdom
$15.1M -$4.36M -151,005 -21%
PCM
38
Penn Capital Management
Pennsylvania
$13.8M +$4.51M +155,965 +44%
Two Sigma Investments
39
Two Sigma Investments
New York
$13.2M +$2.04M +70,675 +17%
Northern Trust
40
Northern Trust
Illinois
$12.4M -$1.83M -63,283 -12%
N
41
Nuveen
North Carolina
$12.2M -$36.6K -1,266 -0.3%
Janus Henderson Group
42
Janus Henderson Group
United Kingdom
$11.2M +$5.43M +187,808 +83%
Ameriprise
43
Ameriprise
Minnesota
$10.6M +$2.71M +93,875 +31%
Two Sigma Advisers
44
Two Sigma Advisers
New York
$10M -$199K -6,900 -2%
TCM
45
TimesSquare Capital Management
New York
$9.71M -$97.5K -3,373 -0.9%
Qube Research & Technologies (QRT)
46
Qube Research & Technologies (QRT)
United Kingdom
$9.67M -$10.6M -365,114 -50%
Deutsche Bank
47
Deutsche Bank
Germany
$9.58M +$10.1M +350,242 +6,899%
TC
48
TwinBeech Capital
New York
$9.5M +$3.43M +118,604 +51%
KCM
49
Kodai Capital Management
Illinois
$9.03M +$5.62M +194,435 +138%
SST
50
S Squared Technology
New York
$8.56M +$289K +10,000 +3%

ALGM Hedge Fund Activity: Q1 2024 in Review

277 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q1 2024, worth a combined $2.8B — down 4.9% from $2.95B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of ALGM and 43 opened new positions — a net loss of 9 holders — while 93 trimmed existing stakes and 105 added.

The largest buyer was Fidelity Investments, adding an estimated $205M. The largest seller was OEP Capital Advisors, cutting an estimated $241M.

  • 277 institutional investors held Allegro MicroSystems (ALGM) as of Q1 2024, down from 288 in Q4 2023.
  • Funds reported $2.8B of Allegro MicroSystems stock for Q1 2024, down 4.9% quarter-over-quarter.
  • 43 funds opened new Allegro MicroSystems positions in Q1 2024 and 52 closed out, a net change of -9 holders.
  • The largest Allegro MicroSystems buyer in Q1 2024 was Fidelity Investments, an estimated $205M added.
  • The largest Allegro MicroSystems seller in Q1 2024 was OEP Capital Advisors, an estimated $241M sold.

Based on aggregated 13F filings for Q1 2024.