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Allegro MicroSystems
ALGM

268 hedge funds and large institutions have $3.03B invested in Allegro MicroSystems in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 110 increasing their positions, 85 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more call options, than puts

Call options by funds: $40.8M | Put options by funds: $16.9M

29% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 85

8% more capital invested

Capital invested by funds: $2.8B → $3.03B (+$226M)

1.49% more ownership

Funds ownership: 53.83% → 55.32% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

3% less funds holding

Funds holding: 277 → 268 (-9)

11% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 45

Holders
268
Holders Change
-9
Holders Change %
-3.25%
% of All Funds
3.87%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
40
Increased
110
Reduced
85
Closed
45
Calls
$40.8M
Puts
$16.9M
Net Calls
+$24M
Net Calls Change
+$54.6M

Top Buyers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
+$99.2M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$62M
3
Invesco
Invesco
Georgia
+$52.3M
4
Ameriprise
Ameriprise
Minnesota
+$48.5M
5
WP
Woodline Partners
California
+$41.1M

Top Sellers

Rank Fund Capital Flow
1
OCA
OEP Capital Advisors
New York
-$121M
2
Morgan Stanley
Morgan Stanley
New York
-$40.9M
3
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$28.1M
4
1832 Asset Management
1832 Asset Management
Ontario, Canada
-$25M
5
BAMCO Inc
BAMCO Inc
New York
-$18M
Name Holding Trade Value Shares
Change 		Change in
Stake
SOADOR
76
State of Alaska Department of Revenue
Alaska
$3.1M – – –
RF
77
Robbins Farley
New Hampshire
$3.07M +$127K +4,467 +4%
RA
78
Royce & Associates
New York
$2.94M +$2.96M +104,001 New
Envestnet Asset Management
79
Envestnet Asset Management
Illinois
$2.87M +$182K +6,391 +7%
Man Group
80
Man Group
United Kingdom
$2.68M -$441K -15,487 -14%
BA
81
Bridgewater Associates
Connecticut
$2.67M +$2.69M +94,425 New
Citigroup
82
Citigroup
New York
$2.64M +$700K +24,586 +36%
CF
83
Corebridge Financial
Texas
$2.55M +$2.57M +90,412 New
RJA
84
Raymond James & Associates
Florida
$2.39M +$125K +4,380 +5%
California State Teachers Retirement System (CalSTRS)
85
California State Teachers Retirement System (CalSTRS)
California
$2.37M +$181K +6,360 +8%
EI
86
Ecofi Investissements
France
$2.35M +$2.32M +81,400 New
Holocene Advisors
87
Holocene Advisors
New York
$2.2M -$2.6M -91,317 -54%
JFG
88
Jefferies Financial Group
New York
$2.19M +$2.21M +77,500 New
KCM
89
Kornitzer Capital Management
Kansas
$2.12M – – –
RI
90
Redwood Investments
Massachusetts
$1.84M -$660K -23,175 -26%
GAM
91
Gotham Asset Management
New York
$1.8M +$871K +30,613 +92%
TD Asset Management
92
TD Asset Management
Ontario, Canada
$1.65M +$148K +5,200 +10%
AIC
93
Aurora Investment Counsel
Georgia
$1.58M -$41.1K -1,443 -3%
Russell Investments Group
94
Russell Investments Group
United Kingdom
$1.53M -$44.5K -1,562 -3%
LPL Financial
95
LPL Financial
California
$1.48M -$188K -6,601 -11%
SFI
96
Susquehanna Fundamental Investments
Pennsylvania
$1.45M -$74.7K -2,623 -5%
NIM
97
Needham Investment Management
New York
$1.44M +$171K +6,000 +13%
CF
98
Covea Finance
France
$1.27M – – –
Royal Bank of Canada
99
Royal Bank of Canada
Ontario, Canada
$1.25M -$4.56M -160,125 -78%
State Board of Administration of Florida Retirement System
100
State Board of Administration of Florida Retirement System
Florida
$1.24M +$375K +13,190 +43%
2 3
4
5 6

ALGM Hedge Fund Activity: Q2 2024 in Review

268 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q2 2024, worth a combined $3.03B — up 8.1% from $2.8B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of ALGM and 40 opened new positions — a net loss of 5 holders — while 85 trimmed existing stakes and 110 added.

The largest buyer was JP Morgan Chase, adding an estimated $99.2M. The largest seller was OEP Capital Advisors, cutting an estimated $121M.

  • 268 institutional investors held Allegro MicroSystems (ALGM) as of Q2 2024, down from 277 in Q1 2024.
  • Funds reported $3.03B of Allegro MicroSystems stock for Q2 2024, up 8.1% quarter-over-quarter.
  • 40 funds opened new Allegro MicroSystems positions in Q2 2024 and 45 closed out, a net change of -5 holders.
  • The largest Allegro MicroSystems buyer in Q2 2024 was JP Morgan Chase, an estimated $99.2M added.
  • The largest Allegro MicroSystems seller in Q2 2024 was OEP Capital Advisors, an estimated $121M sold.

Based on aggregated 13F filings for Q2 2024.