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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
SDIC
376
South Dakota Investment Council
South Dakota
$1.12M +$782K +3,300 +413%
PFG
377
PAX Financial Group
Texas
$1.11M -$501K -2,113 -36%
SAM
378
Simplify Asset Management
Nevada
$1.1M +$953K +4,018 New
ETC
379
Exchange Traded Concepts
Oklahoma
$1.1M +$261K +1,100 +38%
AWM
380
Avitas Wealth Management
California
$1.08M +$17.8K +75 +2%
EF
381
Empowered Funds
Pennsylvania
$1.08M +$6.16K +26 +0.7%
NMERB
382
New Mexico Educational Retirement Board
New Mexico
$1.03M
RAM
383
Redmond Asset Management
Virginia
$1.02M +$169K +714 +24%
ECU
384
Eisler Capital (UK)
United Kingdom
$990K +$856K +3,613 New
Parallax Volatility Advisers
385
Parallax Volatility Advisers
California
$980K +$97.7K +412 +13%
WG
386
Winton Group
United Kingdom
$976K +$410K +1,730 +94%
BOC
387
Barbara Oil Co
Illinois
$952K
First Trust Advisors
388
First Trust Advisors
Illinois
$948K -$27M -113,908 -97%
EI
389
Ethic Inc
New York
$944K -$360K -1,517 -31%
DT
390
Diversified Trust
Tennessee
$943K -$23.9K -101 -3%
SIAP
391
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$940K -$47.4K -200 -6%
BMSSC
392
B. Metzler seel. Sohn & Co
Germany
$937K +$260K +1,095 +47%
CGH
393
Crossmark Global Holdings
Texas
$929K -$98.9K -417 -11%
DTL
394
Dynamic Technology Lab
Singapore
$921K -$466K -1,964 -37%
Teacher Retirement System of Texas
395
Teacher Retirement System of Texas
Texas
$916K -$2.47M -10,430 -76%
WMSA
396
Weiss Multi-Strategy Advisers
New York
$904K -$356K -1,501 -31%
QCM
397
QRG Capital Management
Illinois
$890K +$37K +156 +5%
VFA
398
Voya Financial Advisors
Connecticut
$886K +$91K +384 +14%
Carson Wealth (CWM LLC)
399
Carson Wealth (CWM LLC)
Nebraska
$882K +$24.2K +102 +3%
SCM
400
Stevens Capital Management
Pennsylvania
$865K -$305K -1,287 -29%

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.