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Allegro MicroSystems

248 hedge funds and large institutions have $3.32B invested in Allegro MicroSystems in 2024 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 116 increasing their positions, 69 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 69

10% more capital invested

Capital invested by funds: $3.03B → $3.32B (+$295M)

8.77% more ownership

Funds ownership: 55.32%64.09% (+8.8%)

7% less funds holding

Funds holding: 268248 (-20)

30% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 60

61% less call options, than puts

Call options by funds: $24.4M | Put options by funds: $62.5M

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
248
Holders Change
-20
Holders Change %
-7.46%
% of All Funds
3.56%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
42
Increased
116
Reduced
69
Closed
60
Calls
$24.4M
Puts
$62.5M
Net Calls
-$38.1M
Net Calls Change
-$62M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
76
California State Teachers Retirement System (CalSTRS)
California
$2.66M +$756K +30,073 +36%
Squarepoint
77
Squarepoint
New York
$2.21M +$2.38M +94,669 New
Envestnet Asset Management
78
Envestnet Asset Management
Illinois
$2.01M -$377K -15,004 -15%
MOACM
79
Mutual of America Capital Management
New York
$1.96M +$1.08M +43,090 +105%
State of New Jersey Common Pension Fund D
80
State of New Jersey Common Pension Fund D
New Jersey
$1.89M +$2.04M +81,095 New
MIM
81
MetLife Investment Management
New Jersey
$1.86M +$1.06M +42,068 +112%
RJA
82
Raymond James & Associates
Florida
$1.8M -$184K -7,318 -9%
Barclays
83
Barclays
United Kingdom
$1.76M +$890K +35,417 +88%
Royal Bank of Canada
84
Royal Bank of Canada
Ontario, Canada
$1.76M +$784K +31,180 +70%
Russell Investments Group
85
Russell Investments Group
United Kingdom
$1.74M +$519K +20,647 +38%
NIM
86
Needham Investment Management
New York
$1.69M +$540K +21,500 +42%
AB
87
Amalgamated Bank
New York
$1.69M +$906K +36,042 +99%
Man Group
88
Man Group
United Kingdom
$1.68M -$574K -22,818 -24%
Neuberger Berman Group
89
Neuberger Berman Group
New York
$1.58M +$1.71M +67,927 New
DB
90
Danske Bank
Denmark
$1.43M +$521K +20,718 +51%
AIC
91
Aurora Investment Counsel
Georgia
$1.42M +$121K +4,801 +9%
T. Rowe Price Associates
92
T. Rowe Price Associates
Maryland
$1.38M +$480K +19,085 +48%
YCM
93
Yousif Capital Management
Michigan
$1.31M +$661K +26,314 +88%
EI
94
Ecofi Investissements
France
$1.3M -$251K -10,000 -12%
Verition Fund Management
95
Verition Fund Management
Connecticut
$1.29M +$359K +14,284 +35%
BCM
96
Bayesian Capital Management
New York
$1.28M +$975K +38,800 +241%
Treasurer of the State of North Carolina
97
Treasurer of the State of North Carolina
North Carolina
$1.25M +$526K +20,940 +64%
Amundi
98
Amundi
France
$1.21M -$16.7M -662,808 -92%
Pacer Advisors
99
Pacer Advisors
Pennsylvania
$1.21M +$467K +18,588 +56%
Janus Henderson Group
100
Janus Henderson Group
United Kingdom
$1.19M +$381K +15,172 +42%

ALGM Hedge Fund Activity: Q3 2024 in Review

248 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q3 2024, worth a combined $3.32B — up 9.7% from $3.03B a quarter earlier.

Sellers outnumbered buyers: 60 funds closed out of ALGM and 42 opened new positions — a net loss of 18 holders — while 69 trimmed existing stakes and 116 added.

The largest buyer was Fidelity Investments, adding an estimated $215M. The largest seller was Invesco, cutting an estimated $66.9M.

  • 248 institutional investors held Allegro MicroSystems (ALGM) as of Q3 2024, down from 268 in Q2 2024.
  • Funds reported $3.32B of Allegro MicroSystems stock for Q3 2024, up 9.7% quarter-over-quarter.
  • 42 funds opened new Allegro MicroSystems positions in Q3 2024 and 60 closed out, a net change of -18 holders.
  • The largest Allegro MicroSystems buyer in Q3 2024 was Fidelity Investments, an estimated $215M added.
  • The largest Allegro MicroSystems seller in Q3 2024 was Invesco, an estimated $66.9M sold.

Based on aggregated 13F filings for Q3 2024.