We are live on ! Find out more
ALGM icon

Allegro MicroSystems

268 hedge funds and large institutions have $3.03B invested in Allegro MicroSystems in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 110 increasing their positions, 85 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more call options, than puts

Call options by funds: $40.8M | Put options by funds: $16.9M

29% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 85

8% more capital invested

Capital invested by funds: $2.8B → $3.03B (+$226M)

1.49% more ownership

Funds ownership: 53.83%55.32% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less funds holding

Funds holding: 277268 (-9)

11% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 45

Holders
268
Holders Change
-9
Holders Change %
-3.25%
% of All Funds
3.87%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
40
Increased
110
Reduced
85
Closed
45
Calls
$40.8M
Puts
$16.9M
Net Calls
+$24M
Net Calls Change
+$54.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$557M +$62M +2,176,948 +12%
JP Morgan Chase
2
JP Morgan Chase
New York
$258M +$99.2M +3,484,890 +62%
Vanguard Group
3
Vanguard Group
Pennsylvania
$245M +$7.86M +276,000 +3%
BlackRock
4
BlackRock
New York
$187M -$4.07M -142,812 -2%
Invesco
5
Invesco
Georgia
$167M +$52.3M +1,837,972 +45%
State Street
6
State Street
Massachusetts
$109M +$10.4M +364,984 +10%
ClearBridge Investments
7
ClearBridge Investments
New York
$104M -$1.48M -51,961 -1%
T. Rowe Price Investment Management
8
T. Rowe Price Investment Management
Maryland
$80.6M +$2.48M +86,978 +3%
Principal Financial Group
9
Principal Financial Group
Iowa
$61.9M +$320K +11,230 +0.5%
Allspring Global Investments
10
Allspring Global Investments
North Carolina
$60.8M -$8.27M -290,343 -12%
Manulife (Manufacturers Life Insurance)
11
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$60.7M +$8.13M +285,747 +15%
Ameriprise
12
Ameriprise
Minnesota
$59.2M +$48.5M +1,704,622 +435%
Morgan Stanley
13
Morgan Stanley
New York
$58.7M -$40.9M -1,435,334 -41%
Artisan Partners
14
Artisan Partners
Wisconsin
$45.4M -$265K -9,293 -0.6%
Adage Capital Partners
15
Adage Capital Partners
Massachusetts
$42.3M +$11.3M +398,365 +36%
WP
16
Woodline Partners
California
$40.8M +$41.1M +1,443,770 New
Geode Capital Management
17
Geode Capital Management
Massachusetts
$38.8M +$622K +21,857 +2%
Westfield Capital Management
18
Westfield Capital Management
Massachusetts
$36.8M +$37.1M +1,303,296 New
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$36.2M +$11.3M +397,681 +45%
Goldman Sachs
20
Goldman Sachs
New York
$32.5M +$7.12M +250,243 +28%
SPPAM
21
Summit Partners Public Asset Management
Massachusetts
$31.9M +$32.2M +1,130,209 New
GKIM
22
GW&K Investment Management
Massachusetts
$30.7M +$854K +29,983 +3%
First Trust Advisors
23
First Trust Advisors
Illinois
$29.3M -$1.81M -63,584 -6%
Millennium Management
24
Millennium Management
New York
$28.6M -$14.7M -516,131 -34%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$27.8M +$726K +25,497 +3%

ALGM Hedge Fund Activity: Q2 2024 in Review

268 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q2 2024, worth a combined $3.03B — up 8.1% from $2.8B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of ALGM and 40 opened new positions — a net loss of 5 holders — while 85 trimmed existing stakes and 110 added.

The largest buyer was JP Morgan Chase, adding an estimated $99.2M. The largest seller was OEP Capital Advisors, cutting an estimated $121M.

  • 268 institutional investors held Allegro MicroSystems (ALGM) as of Q2 2024, down from 277 in Q1 2024.
  • Funds reported $3.03B of Allegro MicroSystems stock for Q2 2024, up 8.1% quarter-over-quarter.
  • 40 funds opened new Allegro MicroSystems positions in Q2 2024 and 45 closed out, a net change of -5 holders.
  • The largest Allegro MicroSystems buyer in Q2 2024 was JP Morgan Chase, an estimated $99.2M added.
  • The largest Allegro MicroSystems seller in Q2 2024 was OEP Capital Advisors, an estimated $121M sold.

Based on aggregated 13F filings for Q2 2024.