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Allegro MicroSystems

313 hedge funds and large institutions have $4.67B invested in Allegro MicroSystems in 2023 Q1 according to their latest regulatory filings, with 119 funds opening new positions, 84 increasing their positions, 82 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

441% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 22

303% more call options, than puts

Call options by funds: $84.1M | Put options by funds: $20.9M

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

62% more capital invested

Capital invested by funds: $2.89B → $4.67B (+$1.78B)

43% more funds holding

Funds holding: 219313 (+94)

2% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 82

0.46% more ownership

Funds ownership: 50.38%50.84% (+0.46%)

Holders
313
Holders Change
+94
Holders Change %
+42.92%
% of All Funds
4.99%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
119
Increased
84
Reduced
82
Closed
22
Calls
$84.1M
Puts
$20.9M
Net Calls
+$63.2M
Net Calls Change
+$61.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SO
151
STRS Ohio
Ohio
$1.15M -$224K -5,504 -19%
Mackenzie Financial
152
Mackenzie Financial
Ontario, Canada
$1.13M +$575K +14,135 +152%
RC
153
Renaissance Capital
Connecticut
$1.06M -$93.1K -2,287 -9%
Qube Research & Technologies (QRT)
154
Qube Research & Technologies (QRT)
United Kingdom
$1.04M +$883K +21,712 New
Teacher Retirement System of Texas
155
Teacher Retirement System of Texas
Texas
$991K -$175K -4,298 -17%
Nisa Investment Advisors
156
Nisa Investment Advisors
Missouri
$979K +$830K +20,398 New
E
157
Ergoteles
New York
$941K +$798K +19,600 New
ASRS
158
Arizona State Retirement System
Arizona
$931K +$20.8K +511 +3%
OPERF
159
Oregon Public Employees Retirement Fund
Oregon
$918K
Jennison Associates
160
Jennison Associates
New York
$844K +$716K +17,589 New
LPL Financial
161
LPL Financial
California
$833K +$706K +17,356 New
LSERS
162
Louisiana State Employees Retirement System
Louisiana
$830K -$4.07K -100 -0.6%
Thrivent Financial for Lutherans
163
Thrivent Financial for Lutherans
Minnesota
$825K -$5.74K -141 -0.8%
OWA
164
Outlook Wealth Advisors
Texas
$814K +$690K +16,956 New
AIP
165
Ameritas Investment Partners
Nebraska
$808K
Royal Bank of Canada
166
Royal Bank of Canada
Ontario, Canada
$796K -$3.09M -75,881 -82%
SOMRS
167
State of Michigan Retirement System
Michigan
$792K -$4.07K -100 -0.6%
Ensign Peak Advisors
168
Ensign Peak Advisors
Utah
$782K +$171K +4,200 +35%
IMRF
169
Illinois Municipal Retirement Fund
Illinois
$777K +$659K +16,185 New
SGI
170
Summit Global Investments
Utah
$773K -$468K -11,511 -42%
MC
171
Merlin Capital
Rhode Island
$742K -$49K -1,205 -7%
X
172
Xponance
Pennsylvania
$731K +$3.42K +84 +0.6%
Group One Trading
173
Group One Trading
Illinois
$714K +$606K +14,884 New
RJFSA
174
Raymond James Financial Services Advisors
Florida
$706K +$598K +14,708 New
NMIMC
175
Northwestern Mutual Investment Management Company
Wisconsin
$693K +$343K +8,426 +140%

ALGM Hedge Fund Activity: Q1 2023 in Review

313 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q1 2023, worth a combined $4.67B — up 62% from $2.89B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new ALGM positions and 22 closed out — a net gain of 97 holders — while 84 added to existing stakes and 82 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $99.1M. The largest seller was OEP Capital Advisors, cutting an estimated $203M.

  • 313 institutional investors held Allegro MicroSystems (ALGM) as of Q1 2023, up from 219 in Q4 2022.
  • Funds reported $4.67B of Allegro MicroSystems stock for Q1 2023, up 62% quarter-over-quarter.
  • 119 funds opened new Allegro MicroSystems positions in Q1 2023 and 22 closed out, a net change of +97 holders.
  • The largest Allegro MicroSystems buyer in Q1 2023 was Fidelity Investments, an estimated $99.1M added.
  • The largest Allegro MicroSystems seller in Q1 2023 was OEP Capital Advisors, an estimated $203M sold.

Based on aggregated 13F filings for Q1 2023.