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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
X
151
Xponance
Pennsylvania
$362K +$195K +7,767 +100%
PNC Financial Services Group
152
PNC Financial Services Group
Pennsylvania
$355K +$43.8K +1,744 +13%
Cetera Investment Advisers
153
Cetera Investment Advisers
Illinois
$342K -$21.9K -870 -6%
AWM
154
Avior Wealth Management
Nebraska
$325K +$119K +4,728 +51%
PA
155
Profund Advisors
Maryland
$310K +$335K +13,326 New
NMERB
156
New Mexico Educational Retirement Board
New Mexico
$310K
Prudential Financial
157
Prudential Financial
New Jersey
$301K +$324K +12,899 New
Creative Planning
158
Creative Planning
Kansas
$290K -$124K -4,916 -28%
SAM
159
Securian Asset Management
Minnesota
$282K +$161K +6,387 +112%
YMRC
160
Yorktown Management & Research Company
Virginia
$263K +$284K +11,300 New
CL
161
Choreo LLC
Illinois
$262K -$165K -6,560 -36%
CB
162
Commerce Bank
Missouri
$259K -$9.55K -380 -3%
PFG
163
Prosperity Financial Group
California
$248K +$19.7K +784 +8%
KeyBank National Association
164
KeyBank National Association
Ohio
$239K +$257K +10,238 New
NC
165
nVerses Capital
Florida
$231K +$249K +9,900 New
Osaic Holdings
166
Osaic Holdings
Arizona
$227K -$103K -4,106 -30%
TCM
167
Teza Capital Management
Illinois
$226K +$243K +9,679 New
IIM
168
INTECH Investment Management
Florida
$214K +$231K +9,191 New
Simplex Trading
169
Simplex Trading
Illinois
$205K +$221K +8,802 New
Public Employees Retirement Association of Colorado
170
Public Employees Retirement Association of Colorado
Colorado
$178K
AssetMark Inc
171
AssetMark Inc
California
$178K -$5.88K -234 -3%
Deutsche Bank
172
Deutsche Bank
Germany
$154K -$4.34M -172,597 -96%
VanEck Associates
173
VanEck Associates
New York
$153K +$185K +7,376 New
Walleye Trading
174
Walleye Trading
New York
$129K +$139K +5,531 New
SIM
175
Sandia Investment Management
Massachusetts
$117K +$126K +5,000 New

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.