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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
Truist Financial
176
Truist Financial
North Carolina
$392K +$420K +14,544 New
Osaic Holdings
177
Osaic Holdings
Arizona
$386K -$98.7K -3,417 -19%
Creative Planning
178
Creative Planning
Kansas
$372K +$399K +13,809 New
SC
179
Savant Capital
Illinois
$367K +$394K +13,620 New
NMERB
180
New Mexico Educational Retirement Board
New Mexico
$359K
PP
181
PDT Partners
New York
$348K -$1.9M -65,868 -84%
OQS
182
Occudo Quantitative Strategies
Florida
$345K +$369K +12,785 New
Fifth Third Bancorp
183
Fifth Third Bancorp
Ohio
$331K +$343K +11,859 +2,726%
ProShare Advisors
184
ProShare Advisors
Maryland
$328K +$65.9K +2,279 +23%
Zurich Cantonal Bank
185
Zurich Cantonal Bank
Switzerland
$327K -$78.6K -2,720 -18%
IMC Chicago
186
IMC Chicago
Illinois
$324K +$347K +12,014 New
AAM
187
Advisors Asset Management
Colorado
$323K -$29.4K -1,019 -8%
AIM
188
Aigen Investment Management
New York
$316K -$1.84M -63,546 -84%
New York State Teachers Retirement System (NYSTRS)
189
New York State Teachers Retirement System (NYSTRS)
New York
$313K +$40.5K +1,400 +14%
CB
190
Commerce Bank
Missouri
$310K -$11.7K -405 -3%
PNC Financial Services Group
191
PNC Financial Services Group
Pennsylvania
$308K +$112K +3,891 +52%
SG Americas Securities
192
SG Americas Securities
New York
$297K +$319K +11,034 New
Toronto Dominion Bank
193
Toronto Dominion Bank
Ontario, Canada
$290K +$311K +10,768 New
Pacer Advisors
194
Pacer Advisors
Pennsylvania
$286K -$118K -4,084 -28%
MF
195
Magnetar Financial
Illinois
$275K -$17.6K -609 -6%
Pictet Asset Management
196
Pictet Asset Management
Switzerland
$252K
CAPTRUST Financial Advisors
197
CAPTRUST Financial Advisors
North Carolina
$251K -$76.1K -2,634 -22%
YMRC
198
Yorktown Management & Research Company
Virginia
$248K +$266K +9,200 New
PFG
199
Prosperity Financial Group
California
$243K +$19.2K +664 +8%
VPIM
200
Vanguard Personalized Indexing Management
California
$240K -$77.8K -2,694 -23%

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.