Align Technology
ALGN
434 hedge funds and large institutions have $8.13B invested in Align Technology in 2017 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 164 increasing their positions, 149 reducing their positions, and 56 closing their positions.
21% more capital invested
Capital invested by funds: $6.71B → $8.13B (+$1.42B)
16% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 56
10% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 149
0.69% more ownership
Funds ownership: 87.63% → 88.32% (+0.69%)
0% less funds holding
Funds holding: 435 → 434 (-1)
1% less call options, than puts
Call options by funds: $59.4M | Put options by funds: $60.1M
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$659M |
| 2 |
HCM
Hitchwood Capital Management
New York
|
+$80.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$43.2M |
| 4 |
HM
HealthCor Management
New York
|
+$42.7M |
| 5 |
KM
Kylin Management
New York
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$105M |
| 2 |
CCI
Columbus Circle Investors
|
-$45.3M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$31.3M |
| 4 |
JP Morgan Chase
New York
|
-$28.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$27.2M |
ALGN Hedge Fund Activity: Q1 2017 in Review
434 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q1 2017, worth a combined $8.13B — up 21% from $6.71B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new ALGN positions and 56 closed out — a net gain of 9 holders — while 164 added to existing stakes and 149 trimmed.
The largest buyer was BlackRock, adding an estimated $659M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $105M sold.
- 434 institutional investors held Align Technology (ALGN) as of Q1 2017, down from 435 in Q4 2016.
- Funds reported $8.13B of Align Technology stock for Q1 2017, up 21% quarter-over-quarter.
- 65 funds opened new Align Technology positions in Q1 2017 and 56 closed out, a net change of +9 holders.
- The largest Align Technology buyer in Q1 2017 was BlackRock, an estimated $659M added.
- The largest Align Technology seller in Q1 2017 was 1832 Asset Management, an estimated $105M sold.
Based on aggregated 13F filings for Q1 2017.