Align Technology
ALGN
269 hedge funds and large institutions have $3.74B invested in Align Technology in 2014 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 86 increasing their positions, 109 reducing their positions, and 41 closing their positions.
60% more call options, than puts
Call options by funds: $31.5M | Put options by funds: $19.7M
12% more capital invested
Capital invested by funds: $3.34B → $3.74B (+$398M)
5% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 41
1% more funds holding
Funds holding: 267 → 269 (+2)
21% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 109
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$86M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$84.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$50.6M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$39.2M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$31.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$64.2M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$32.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$26.4M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$25.2M |
| 5 |
Millennium Management
New York
|
-$18.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Walleye Trading
New York
| – | -$220K | -4,237 | Closed |
|
|
WMSA
302
Weiss Multi-Strategy Advisers
New York
| – | -$208K | -4,020 | Closed |
|
|
SCP
303
Syntal Capital Partners
Midland,
Texas
| – | -$160 | -3,102 | Closed |
|
|
BRWM
304
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$88K | -1,700 | Closed |
|
|
TDC
305
Thompson Davis & Co
Richmond,
Virginia
| – | -$41K | -800 | Closed |
|
|
AW
306
Alpha Windward
Westwood,
Massachusetts
| – | -$25K | -479 | Closed |
|
|
ST
307
Stifel Trust
St. Louis,
Missouri
| – | -$25K | -475 | Closed |
|
|
PMFA
308
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$5K | -100 | Closed |
|
309
M&T Bank
Buffalo,
New York
| – | -$4K | -71 | Closed |
|
|
KCPG
310
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$1K | -22 | Closed |
|
ALGN Hedge Fund Activity: Q2 2014 in Review
269 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q2 2014, worth a combined $3.74B — up 12% from $3.34B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new ALGN positions and 41 closed out — a net gain of 2 holders — while 86 added to existing stakes and 109 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $86M. The largest seller was BlackRock Fund Advisors, cutting an estimated $64.2M.
- 269 institutional investors held Align Technology (ALGN) as of Q2 2014, up from 267 in Q1 2014.
- Funds reported $3.74B of Align Technology stock for Q2 2014, up 12% quarter-over-quarter.
- 43 funds opened new Align Technology positions in Q2 2014 and 41 closed out, a net change of +2 holders.
- The largest Align Technology buyer in Q2 2014 was T. Rowe Price Associates, an estimated $86M added.
- The largest Align Technology seller in Q2 2014 was BlackRock Fund Advisors, an estimated $64.2M sold.
Based on aggregated 13F filings for Q2 2014.