Allegro MicroSystems
ALGM
170 hedge funds and large institutions have $1.97B invested in Allegro MicroSystems in 2022 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 76 increasing their positions, 51 reducing their positions, and 25 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 51
8% more capital invested
Capital invested by funds: $1.83B → $1.97B (+$143M)
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
0.86% more ownership
Funds ownership: 46.39% → 47.25% (+0.86%)
1% less funds holding
Funds holding: 171 → 170 (-1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less call options, than puts
Call options by funds: $3.3M | Put options by funds: $7.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$14.7M |
| 2 |
BlackRock
New York
|
+$13M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$11.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$6.33M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$19.2M |
| 2 |
Millennium Management
New York
|
-$11.1M |
| 3 |
FHCM
Force Hill Capital Management
New York
|
-$6.54M |
| 4 |
PCM
Parsifal Capital Management
Greenwich,
Connecticut
|
-$4.57M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.39M |
ALGM Hedge Fund Activity: Q3 2022 in Review
170 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q3 2022, worth a combined $1.97B — up 7.8% from $1.83B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ALGM positions and 25 closed out — a net gain of 1 holder — while 76 added to existing stakes and 51 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $14.7M. The largest seller was Allspring Global Investments, cutting an estimated $19.2M.
- 170 institutional investors held Allegro MicroSystems (ALGM) as of Q3 2022, down from 171 in Q2 2022.
- Funds reported $1.97B of Allegro MicroSystems stock for Q3 2022, up 7.8% quarter-over-quarter.
- 26 funds opened new Allegro MicroSystems positions in Q3 2022 and 25 closed out, a net change of +1 holder.
- The largest Allegro MicroSystems buyer in Q3 2022 was Intrinsic Edge Capital Management, an estimated $14.7M added.
- The largest Allegro MicroSystems seller in Q3 2022 was Allspring Global Investments, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2022.