Align Technology
ALGN
276 hedge funds and large institutions have $3.45B invested in Align Technology in 2014 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 104 increasing their positions, 114 reducing their positions, and 23 closing their positions.
44% more call options, than puts
Call options by funds: $35.5M | Put options by funds: $24.6M
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
3% more funds holding
Funds holding: 269 → 276 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 114
8% less capital invested
Capital invested by funds: $3.74B → $3.45B (-$285M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$76.3M |
| 2 |
Jennison Associates
New York
|
+$67.7M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$44.8M |
| 4 |
ACM
Apex Capital Management
Dayton,
Ohio
|
+$29.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$74.7M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$31.3M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$19.1M |
| 4 |
Renaissance Technologies
New York
|
-$18M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$17.6M |
ALGN Hedge Fund Activity: Q3 2014 in Review
276 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2014, worth a combined $3.45B — down 7.6% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ALGN positions and 23 closed out — a net gain of 8 holders — while 104 added to existing stakes and 114 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $76.3M. The largest seller was Citadel Advisors, cutting an estimated $74.7M.
- 276 institutional investors held Align Technology (ALGN) as of Q3 2014, up from 269 in Q2 2014.
- Funds reported $3.45B of Align Technology stock for Q3 2014, down 7.6% quarter-over-quarter.
- 31 funds opened new Align Technology positions in Q3 2014 and 23 closed out, a net change of +8 holders.
- The largest Align Technology buyer in Q3 2014 was T. Rowe Price Associates, an estimated $76.3M added.
- The largest Align Technology seller in Q3 2014 was Citadel Advisors, an estimated $74.7M sold.
Based on aggregated 13F filings for Q3 2014.