Align Technology
ALGN
283 hedge funds and large institutions have $3.83B invested in Align Technology in 2014 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 100 increasing their positions, 107 reducing their positions, and 30 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
146% more call options, than puts
Call options by funds: $30.8M | Put options by funds: $12.5M
43% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 30
11% more capital invested
Capital invested by funds: $3.45B → $3.83B (+$374M)
3% more funds holding
Funds holding: 276 → 283 (+7)
7% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$58.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$39.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$37.6M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$33.4M |
| 5 |
VAM
Visium Asset Management
New York
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$42.9M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$34.2M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$31.5M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$20.7M |
| 5 |
JP Morgan Chase
New York
|
-$13.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RHBC
301
R.H. Bluestein & Co
Birmingham,
Michigan
| – | -$284K | -5,500 | Closed |
|
302
Legal & General Group
London,
United Kingdom
| – | -$281K | -5,432 | Closed |
|
|
SIM
303
Strategic Investment Management
Arlington,
Virginia
| – | -$274K | -5,306 | Closed |
|
304
Jane Street
New York
| – | -$240K | -4,652 | Closed |
|
305
Neuberger Berman Group
New York
| – | -$220K | -4,259 | Closed |
|
306
Verition Fund Management
Greenwich,
Connecticut
| – | -$204K | -3,948 | Closed |
|
|
WIS
307
Wright Investors Service
Shelton,
Connecticut
| – | -$203K | -3,932 | Closed |
|
|
SFU
308
Stonehage Fleming (UK)
London,
United Kingdom
| – | -$20K | -394 | Closed |
|
|
NFG
309
Next Financial Group
Houston,
Texas
| – | -$13K | -250 | Closed |
|
|
PTC
310
Private Trust Company
Cleveland,
Ohio
| – | -$5K | -90 | Closed |
|
|
PHK
311
Point72 Hong Kong
Hong Kong
| – | -$3K | -50 | Closed |
|
|
W
312
Wealthfront
Palo Alto,
California
| – | +$53 | +1 | New |
|
|
BRWA
313
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | +$317 | +6 | New |
|
ALGN Hedge Fund Activity: Q4 2014 in Review
283 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q4 2014, worth a combined $3.83B — up 11% from $3.45B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new ALGN positions and 30 closed out — a net gain of 13 holders — while 100 added to existing stakes and 107 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $58.1M. The largest seller was Gotham Asset Management, cutting an estimated $42.9M.
- 283 institutional investors held Align Technology (ALGN) as of Q4 2014, up from 276 in Q3 2014.
- Funds reported $3.83B of Align Technology stock for Q4 2014, up 11% quarter-over-quarter.
- 43 funds opened new Align Technology positions in Q4 2014 and 30 closed out, a net change of +13 holders.
- The largest Align Technology buyer in Q4 2014 was AllianceBernstein, an estimated $58.1M added.
- The largest Align Technology seller in Q4 2014 was Gotham Asset Management, an estimated $42.9M sold.
Based on aggregated 13F filings for Q4 2014.