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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
CM
101
Crestline Management
Texas
$1.13M -$2.42M -96,446 -67%
State of Tennessee, Department of Treasury
102
State of Tennessee, Department of Treasury
Tennessee
$1.12M +$327K +13,000 +37%
AI
103
Atom Investors
Texas
$1.1M -$1.91M -75,871 -62%
LPL Financial
104
LPL Financial
California
$1.07M -$159K -6,334 -12%
Ohio Public Employees Retirement System (OPERS)
105
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.05M +$404K +16,064 +56%
State Board of Administration of Florida Retirement System
106
State Board of Administration of Florida Retirement System
Florida
$1.02M
LSERS
107
Louisiana State Employees Retirement System
Louisiana
$1M +$576K +22,900 +113%
AA
108
ALPS Advisors
Colorado
$990K +$244K +9,693 +30%
MIM
109
Monashee Investment Management
Massachusetts
$932K +$1.01M +40,000 New
Citigroup
110
Citigroup
New York
$902K -$1.38M -54,931 -59%
GC
111
Guggenheim Capital
Illinois
$884K +$242K +9,632 +34%
SOMRS
112
State of Michigan Retirement System
Michigan
$860K +$495K +19,700 +115%
Thrivent Financial for Lutherans
113
Thrivent Financial for Lutherans
Minnesota
$851K +$484K +19,251 +112%
ASRS
114
Arizona State Retirement System
Arizona
$807K +$259K +10,319 +42%
NMIMC
115
Northwestern Mutual Investment Management Company
Wisconsin
$804K +$466K +18,537 +116%
COPPSERS
116
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$798K +$463K +18,425 +116%
SPA
117
Sherbrooke Park Advisers
New York
$796K +$859K +34,158 New
M&T Bank
118
M&T Bank
New York
$763K +$271K +10,778 +49%
AIP
119
Ameritas Investment Partners
Nebraska
$743K +$420K +16,690 +110%
Victory Capital Management
120
Victory Capital Management
Texas
$733K +$375K +14,925 +90%
OPERF
121
Oregon Public Employees Retirement Fund
Oregon
$732K +$418K +16,640 +112%
Zurich Cantonal Bank
122
Zurich Cantonal Bank
Switzerland
$729K +$290K +11,556 +59%
Sumitomo Mitsui Trust Group
123
Sumitomo Mitsui Trust Group
Japan
$715K -$145K -5,756 -16%
Natixis Advisors
124
Natixis Advisors
Massachusetts
$700K +$40.8K +1,625 +6%
ProShare Advisors
125
ProShare Advisors
Maryland
$636K +$353K +14,026 +106%

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.