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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
Fidelity Investments
1
Fidelity Investments
Massachusetts
$473M +$205M +7,092,478 +68%
Vanguard Group
2
Vanguard Group
Pennsylvania
$226M +$28.9M +999,939 +14%
BlackRock
3
BlackRock
New York
$183M +$6.09M +210,753 +3%
JP Morgan Chase
4
JP Morgan Chase
New York
$152M +$33.7M +1,166,730 +26%
OCA
5
OEP Capital Advisors
New York
$116M -$241M -8,350,001 -66%
Invesco
6
Invesco
Georgia
$110M -$2.12M -73,247 -2%
ClearBridge Investments
7
ClearBridge Investments
New York
$101M +$6.8M +235,335 +7%
Morgan Stanley
8
Morgan Stanley
New York
$94.8M +$35.6M +1,233,673 +54%
State Street
9
State Street
Massachusetts
$94.5M -$1.28M -44,245 -1%
T. Rowe Price Investment Management
10
T. Rowe Price Investment Management
Maryland
$74.6M +$31.2M +1,080,287 +64%
Allspring Global Investments
11
Allspring Global Investments
North Carolina
$65.9M -$3.82M -132,228 -5%
Principal Financial Group
12
Principal Financial Group
Iowa
$58.8M +$1.29M +44,641 +2%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$50.2M +$19.9M +687,310 +58%
Artisan Partners
14
Artisan Partners
Wisconsin
$43.6M +$1.3M +44,884 +3%
Millennium Management
15
Millennium Management
New York
$41.2M +$35.1M +1,213,291 +385%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$36.5M +$1.34M +46,322 +4%
Balyasny Asset Management
17
Balyasny Asset Management
Illinois
$31.2M +$33.4M +1,157,328 New
First Trust Advisors
18
First Trust Advisors
Illinois
$29.7M -$1.5M -52,069 -5%
Adage Capital Partners
19
Adage Capital Partners
Massachusetts
$29.6M +$2.79M +96,615 +10%
Amundi
20
Amundi
France
$29.2M +$16.2M +560,118 +103%
GKIM
21
GW&K Investment Management
Massachusetts
$28.5M +$168K +5,805 +0.6%
1832 Asset Management
22
1832 Asset Management
Ontario, Canada
$26.8M +$1.23M +42,700 +4%
Massachusetts Financial Services
23
Massachusetts Financial Services
Massachusetts
$25.8M -$3.43M -118,800 -11%
ACM
24
Analog Century Management
New York
$25M +$15M +519,603 +127%
Goldman Sachs
25
Goldman Sachs
New York
$24.3M -$2.21M -76,544 -8%

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.