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Allegro MicroSystems

353 hedge funds and large institutions have $4.41B invested in Allegro MicroSystems in 2023 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 137 increasing their positions, 97 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 41

41% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 97

13% more funds holding

Funds holding: 313353 (+40)

0.04% more ownership

Funds ownership: 50.84%50.88% (+0.04%)

4% less call options, than puts

Call options by funds: $70.7M | Put options by funds: $73.8M

6% less capital invested

Capital invested by funds: $4.67B → $4.41B (-$267M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
353
Holders Change
+40
Holders Change %
+12.78%
% of All Funds
5.54%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
82
Increased
137
Reduced
97
Closed
41
Calls
$70.7M
Puts
$73.8M
Net Calls
-$3.13M
Net Calls Change
-$66.4M
Name Holding Trade Value Shares
Change
Change in
Stake
OCA
1
OEP Capital Advisors
New York
$797M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$366M +$2.22M +54,732 +0.7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$316M -$17.8M -438,968 -6%
BlackRock
4
BlackRock
New York
$271M +$4.99M +123,151 +2%
ClearBridge Investments
5
ClearBridge Investments
New York
$158M -$10.3M -254,876 -7%
JP Morgan Chase
6
JP Morgan Chase
New York
$150M +$7.72M +190,595 +6%
State Street
7
State Street
Massachusetts
$136M +$7.55M +186,549 +7%
Invesco
8
Invesco
Georgia
$129M -$71.7M -1,770,558 -38%
Allspring Global Investments
9
Allspring Global Investments
North Carolina
$111M +$2.53M +62,391 +3%
Principal Financial Group
10
Principal Financial Group
Iowa
$110M -$5.92M -146,320 -6%
First Trust Advisors
11
First Trust Advisors
Illinois
$80.3M -$10M -247,031 -12%
Artisan Partners
12
Artisan Partners
Wisconsin
$77.3M -$1.49M -36,730 -2%
Millennium Management
13
Millennium Management
New York
$75.7M +$1.2M +29,754 +2%
Federated Hermes
14
Federated Hermes
Pennsylvania
$67M -$3.73M -92,243 -6%
Lord, Abbett & Co
15
Lord, Abbett & Co
New Jersey
$63.2M +$21.8M +538,747 +63%
AllianceBernstein
16
AllianceBernstein
Tennessee
$63.1M -$3.27M -80,660 -5%
Morgan Stanley
17
Morgan Stanley
New York
$59.4M +$18.1M +447,634 +52%
Macquarie Group
18
Macquarie Group
Australia
$57M -$20.9M -517,110 -29%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$51.2M +$2.46M +60,699 +6%
Goldman Sachs
20
Goldman Sachs
New York
$48.8M -$6.9M -170,446 -14%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$48.3M +$27.5M +678,544 +174%
Two Sigma Investments
22
Two Sigma Investments
New York
$40.4M +$26.3M +649,777 +266%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$30.9M +$17.7M +438,354 +177%
Schroder Investment Management Group
24
Schroder Investment Management Group
United Kingdom
$30.7M +$324K +8,003 +1%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$30.3M +$3M +74,102 +12%

ALGM Hedge Fund Activity: Q2 2023 in Review

353 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q2 2023, worth a combined $4.41B — down 5.7% from $4.67B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new ALGM positions and 41 closed out — a net gain of 41 holders — while 137 added to existing stakes and 97 trimmed.

The largest buyer was Massachusetts Financial Services, adding an estimated $27.5M. The largest seller was Invesco, cutting an estimated $71.7M.

  • 353 institutional investors held Allegro MicroSystems (ALGM) as of Q2 2023, up from 313 in Q1 2023.
  • Funds reported $4.41B of Allegro MicroSystems stock for Q2 2023, down 5.7% quarter-over-quarter.
  • 82 funds opened new Allegro MicroSystems positions in Q2 2023 and 41 closed out, a net change of +41 holders.
  • The largest Allegro MicroSystems buyer in Q2 2023 was Massachusetts Financial Services, an estimated $27.5M added.
  • The largest Allegro MicroSystems seller in Q2 2023 was Invesco, an estimated $71.7M sold.

Based on aggregated 13F filings for Q2 2023.