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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
Treasurer of the State of North Carolina
126
Treasurer of the State of North Carolina
North Carolina
$903K +$6.65K +230 +0.7%
GAM
127
Gotham Asset Management
New York
$896K +$87.4K +3,026 +10%
AA
128
ALPS Advisors
Colorado
$889K -$434K -15,005 -31%
YCM
129
Yousif Capital Management
Michigan
$875K -$14.2K -492 -1%
Calamos Advisors
130
Calamos Advisors
Illinois
$849K +$375K +12,975 +70%
GC
131
Guggenheim Capital
Illinois
$838K +$85.8K +2,970 +11%
Renaissance Technologies
132
Renaissance Technologies
New York
$836K -$2.07M -71,785 -70%
Comerica Bank
133
Comerica Bank
Texas
$797K -$18.6K -642 -2%
ACM
134
Aquatic Capital Management
Illinois
$782K +$249K +8,600 +42%
Ohio Public Employees Retirement System (OPERS)
135
Ohio Public Employees Retirement System (OPERS)
Ohio
$776K -$75.5K -2,613 -8%
Bank of Montreal
136
Bank of Montreal
Ontario, Canada
$757K +$683K +23,645 New
Mackenzie Financial
137
Mackenzie Financial
Ontario, Canada
$718K +$566K +19,574 +277%
Pathstone Holdings
138
Pathstone Holdings
New Jersey
$676K +$74.1K +2,566 +11%
Simplex Trading
139
Simplex Trading
Illinois
$648K +$695K +24,040 New
Ensign Peak Advisors
140
Ensign Peak Advisors
Utah
$633K -$34.2K -1,184 -5%
Tudor Investment Corp
141
Tudor Investment Corp
Connecticut
$616K +$660K +22,854 New
TRSOTSOK
142
Teachers Retirement System of the State of Kentucky
Kentucky
$613K
TSS
143
Two Sigma Securities
New York
$612K +$383K +13,264 +141%
M&T Bank
144
M&T Bank
New York
$602K -$829K -28,674 -56%
IMRF
145
Illinois Municipal Retirement Fund
Illinois
$594K
PCM
146
Prelude Capital Management
New York
$586K +$628K +21,737 New
QCM
147
Qsemble Capital Management
New York
$583K +$625K +21,641 New
JWS
148
Juncture Wealth Strategies
Arizona
$583K +$625K +21,620 New
ASRS
149
Arizona State Retirement System
Arizona
$570K -$10.2K -353 -2%
CAM
150
Cresset Asset Management
Illinois
$568K +$232K +8,028 +62%

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.