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Allegro MicroSystems

248 hedge funds and large institutions have $3.32B invested in Allegro MicroSystems in 2024 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 116 increasing their positions, 69 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 69

10% more capital invested

Capital invested by funds: $3.03B → $3.32B (+$295M)

8.77% more ownership

Funds ownership: 55.32%64.09% (+8.8%)

7% less funds holding

Funds holding: 268248 (-20)

30% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 60

61% less call options, than puts

Call options by funds: $24.4M | Put options by funds: $62.5M

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
248
Holders Change
-20
Holders Change %
-7.46%
% of All Funds
3.56%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
42
Increased
116
Reduced
69
Closed
60
Calls
$24.4M
Puts
$62.5M
Net Calls
-$38.1M
Net Calls Change
-$62M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$658M +$215M +8,534,089 +43%
Vanguard Group
2
Vanguard Group
Pennsylvania
$343M +$152M +6,043,477 +70%
BlackRock
3
BlackRock
New York
$299M +$156M +6,208,748 +94%
JP Morgan Chase
4
JP Morgan Chase
New York
$257M +$47.4M +1,884,578 +21%
State Street
5
State Street
Massachusetts
$128M +$40.6M +1,615,351 +42%
Capital Research Global Investors
6
Capital Research Global Investors
California
$126M +$136M +5,414,432 New
ClearBridge Investments
7
ClearBridge Investments
New York
$91.6M +$6.35M +252,764 +7%
Invesco
8
Invesco
Georgia
$75.8M -$66.9M -2,662,830 -45%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$71.3M +$76.9M +3,059,634 New
Geode Capital Management
10
Geode Capital Management
Massachusetts
$59.7M +$29.9M +1,187,792 +86%
Principal Financial Group
11
Principal Financial Group
Iowa
$58.2M +$7.77M +308,943 +14%
Manulife (Manufacturers Life Insurance)
12
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$50.2M +$112K +4,444 +0.2%
Morgan Stanley
13
Morgan Stanley
New York
$47.5M -$1.07M -42,403 -2%
Westfield Capital Management
14
Westfield Capital Management
Massachusetts
$46.9M +$17.9M +711,185 +55%
Ameriprise
15
Ameriprise
Minnesota
$45.4M -$3.67M -146,192 -7%
Adage Capital Partners
16
Adage Capital Partners
Massachusetts
$42.4M +$8.17M +325,000 +22%
ACM
17
Analog Century Management
New York
$39.8M +$19.1M +761,666 +80%
T. Rowe Price Investment Management
18
T. Rowe Price Investment Management
Maryland
$36.7M -$32.2M -1,279,397 -45%
WP
19
Woodline Partners
California
$36.1M +$2.62M +104,362 +7%
Artisan Partners
20
Artisan Partners
Wisconsin
$35.4M -$2.23M -88,696 -6%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$33.9M +$11.8M +468,707 +48%
Macquarie Group
22
Macquarie Group
Australia
$32.9M +$35.4M +1,409,673 +236,126%
Two Sigma Investments
23
Two Sigma Investments
New York
$32.1M +$12.9M +514,106 +59%
Charles Schwab
24
Charles Schwab
California
$31.8M +$17.3M +688,539 +102%
Citadel Advisors
25
Citadel Advisors
Florida
$31.2M +$30.9M +1,227,857 +1,095%

ALGM Hedge Fund Activity: Q3 2024 in Review

248 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Allegro MicroSystems (ALGM) for Q3 2024, worth a combined $3.32B — up 9.7% from $3.03B a quarter earlier.

Sellers outnumbered buyers: 60 funds closed out of ALGM and 42 opened new positions — a net loss of 18 holders — while 69 trimmed existing stakes and 116 added.

The largest buyer was Fidelity Investments, adding an estimated $215M. The largest seller was Invesco, cutting an estimated $66.9M.

  • 248 institutional investors held Allegro MicroSystems (ALGM) as of Q3 2024, down from 268 in Q2 2024.
  • Funds reported $3.32B of Allegro MicroSystems stock for Q3 2024, up 9.7% quarter-over-quarter.
  • 42 funds opened new Allegro MicroSystems positions in Q3 2024 and 60 closed out, a net change of -18 holders.
  • The largest Allegro MicroSystems buyer in Q3 2024 was Fidelity Investments, an estimated $215M added.
  • The largest Allegro MicroSystems seller in Q3 2024 was Invesco, an estimated $66.9M sold.

Based on aggregated 13F filings for Q3 2024.