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Align Technology

788 hedge funds and large institutions have $18.1B invested in Align Technology in 2023 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 271 increasing their positions, 304 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.37% less ownership

Funds ownership: 86.77%86.4% (-0.37%)

8% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 113

9% less call options, than puts

Call options by funds: $584M | Put options by funds: $645M

2% less funds holding

Funds holding: 807788 (-19)

11% less capital invested

Capital invested by funds: $20.3B → $18.1B (-$2.16B)

11% less repeat investments, than reductions

Existing positions increased: 271 | Existing positions reduced: 304

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
788
Holders Change
-19
Holders Change %
-2.35%
% of All Funds
11.49%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
104
Increased
271
Reduced
304
Closed
113
Calls
$584M
Puts
$645M
Net Calls
-$61.1M
Net Calls Change
-$89.8M
Name Holding Trade Value Shares
Change
Change in
Stake
WP
351
WMS Partners
Maryland
$1.37M -$3.56K -15 -0.3%
IWA
352
Icon Wealth Advisors
Texas
$1.33M +$1.15M +4,850 New
FBT
353
First Bank & Trust
South Dakota
$1.32M +$81.1K +342 +8%
HIMCH
354
Hartford Investment Management Co (HIMCO)
Connecticut
$1.32M -$11.6K -49 -1%
AA
355
ALPS Advisors
Colorado
$1.32M +$432K +1,821 +61%
HFA
356
Harbert Fund Advisors
Alabama
$1.29M +$1.11M +4,700 New
Northwestern Mutual Wealth Management
357
Northwestern Mutual Wealth Management
Wisconsin
$1.28M +$525K +2,213 +89%
VA
358
Valmark Advisers
Ohio
$1.28M +$293K +1,235 +36%
SA
359
Sicart Associates
New York
$1.28M -$92.5K -390 -8%
DADC
360
D.A. Davidson & Co
Montana
$1.27M +$47.4K +200 +5%
Cambridge Investment Research Advisors
361
Cambridge Investment Research Advisors
Iowa
$1.27M -$91.5K -386 -8%
LCM
362
Legato Capital Management
California
$1.27M
CW
363
Connectus Wealth
Ohio
$1.26M
SAM
364
Securian Asset Management
Minnesota
$1.24M -$128K -540 -11%
AIC
365
Aurora Investment Counsel
Georgia
$1.22M +$605K +2,554 +66%
Nomura Holdings
366
Nomura Holdings
Japan
$1.2M +$1.04M +4,369 New
LSERS
367
Louisiana State Employees Retirement System
Louisiana
$1.18M -$1.47M -6,200 -59%
ST
368
Sabal Trust
Florida
$1.18M +$365K +1,538 +56%
EGM
369
Engineers Gate Manager
New York
$1.17M -$7.22M -30,449 -88%
EB
370
Eastern Bank
Massachusetts
$1.15M
IIM
371
INTECH Investment Management
Florida
$1.14M +$990K +4,176 New
PWG
372
Portside Wealth Group
Utah
$1.14M -$132K -555 -12%
SAM
373
Silvercrest Asset Management
New York
$1.13M +$4.98K +21 +0.5%
LA
374
LBP AM
France
$1.13M +$648K +2,733 +198%
PL
375
Polianta Ltd
Jersey
$1.12M +$213K +900 +28%

ALGN Hedge Fund Activity: Q4 2023 in Review

788 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q4 2023, worth a combined $18.1B — down 11% from $20.3B a quarter earlier.

Sellers outnumbered buyers: 113 funds closed out of ALGN and 104 opened new positions — a net loss of 9 holders — while 304 trimmed existing stakes and 271 added.

The largest buyer was Morgan Stanley, adding an estimated $343M. The largest seller was Edgewood Management, exiting entirely with an estimated $872M sold.

  • 788 institutional investors held Align Technology (ALGN) as of Q4 2023, down from 807 in Q3 2023.
  • Funds reported $18.1B of Align Technology stock for Q4 2023, down 11% quarter-over-quarter.
  • 104 funds opened new Align Technology positions in Q4 2023 and 113 closed out, a net change of -9 holders.
  • The largest Align Technology buyer in Q4 2023 was Morgan Stanley, an estimated $343M added.
  • The largest Align Technology seller in Q4 2023 was Edgewood Management, an estimated $872M sold.

Based on aggregated 13F filings for Q4 2023.