Align Technology
ALGN
292 hedge funds and large institutions have $4.5B invested in Align Technology in 2015 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 125 increasing their positions, 81 reducing their positions, and 43 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 81
21% more capital invested
Capital invested by funds: $3.73B → $4.5B (+$768M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 43
1% less funds holding
Funds holding: 294 → 292 (-2)
56% less call options, than puts
Call options by funds: $9.21M | Put options by funds: $21.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hitchwood Capital Management
New York
|
+$70.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$63.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$60M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$49.3M |
| 5 |
Millennium Management
New York
|
+$46.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$65.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$57.5M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$55.6M |
| 4 |
SIG
Senator Investment Group
New York
|
-$53.8M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$45.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
326
Quantbot Technologies
New York
| – | -$229K | -4,263 | Closed |
|
|
ZIM
327
Zacks Investment Management
Chicago,
Illinois
| – | -$228K | -4,240 | Closed |
|
|
USGIU
328
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$215K | -4,000 | Closed |
|
|
MPWT
329
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$161K | -2,992 | Closed |
|
|
PHK
330
Point72 Hong Kong
Hong Kong
| – | -$148K | -2,756 | Closed |
|
331
Creative Planning
Overland Park,
Kansas
| – | -$72K | -1,332 | Closed |
|
|
PCM
332
Prelude Capital Management
New York
| – | -$38K | -700 | Closed |
|
|
OSNBOA
333
Old Second National Bank of Aurora
Aurora,
Illinois
| – | -$3K | -60 | Closed |
|
|
CGT
334
Capital Guardian Trust
Los Angeles,
California
| – | -$3K | -49 | Closed |
|
|
ZB
335
Zions Bancorporation
Salt Lake City,
Utah
| – | -$1K | -25 | Closed |
|
ALGN Hedge Fund Activity: Q2 2015 in Review
292 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q2 2015, worth a combined $4.5B — up 21% from $3.73B a quarter earlier.
Fund positioning in ALGN was balanced in Q2 2015: 43 funds opened new positions, 43 closed out, 125 added to existing stakes and 81 trimmed.
The largest buyer was Hitchwood Capital Management, opening a new position worth an estimated $70.9M. The largest seller was TimesSquare Capital Management, cutting an estimated $65.7M.
- 292 institutional investors held Align Technology (ALGN) as of Q2 2015, down from 294 in Q1 2015.
- Funds reported $4.5B of Align Technology stock for Q2 2015, up 21% quarter-over-quarter.
- 43 funds opened new Align Technology positions in Q2 2015 and 43 closed out, a net change of 0 holders.
- The largest Align Technology buyer in Q2 2015 was Hitchwood Capital Management, an estimated $70.9M added.
- The largest Align Technology seller in Q2 2015 was TimesSquare Capital Management, an estimated $65.7M sold.
Based on aggregated 13F filings for Q2 2015.