Align Technology
ALGN
636 hedge funds and large institutions have $14.3B invested in Align Technology in 2017 Q4 according to their latest regulatory filings, with 134 funds opening new positions, 179 increasing their positions, 273 reducing their positions, and 46 closing their positions.
191% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 46
15% more funds holding
Funds holding: 553 → 636 (+83)
14% more capital invested
Capital invested by funds: $12.6B → $14.3B (+$1.76B)
3.61% less ownership
Funds ownership: 84.2% → 80.59% (-3.6%)
14% less funds holding in top 10
Funds holding in top 10: 22 → 19 (-3)
34% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 273
38% less call options, than puts
Call options by funds: $173M | Put options by funds: $279M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$131M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$87M |
| 3 |
Morgan Stanley
New York
|
+$81.6M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$79.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$73.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$218M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$207M |
| 3 |
Goldman Sachs
New York
|
-$102M |
| 4 |
Polen Capital Management
Boca Raton,
Florida
|
-$101M |
| 5 |
Bank of New York Mellon
New York
|
-$88.1M |
ALGN Hedge Fund Activity: Q4 2017 in Review
636 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q4 2017, worth a combined $14.3B — up 14% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new ALGN positions and 46 closed out — a net gain of 88 holders — while 179 added to existing stakes and 273 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $131M. The largest seller was Wellington Management Group, cutting an estimated $218M.
- 636 institutional investors held Align Technology (ALGN) as of Q4 2017, up from 553 in Q3 2017.
- Funds reported $14.3B of Align Technology stock for Q4 2017, up 14% quarter-over-quarter.
- 134 funds opened new Align Technology positions in Q4 2017 and 46 closed out, a net change of +88 holders.
- The largest Align Technology buyer in Q4 2017 was Renaissance Technologies, an estimated $131M added.
- The largest Align Technology seller in Q4 2017 was Wellington Management Group, an estimated $218M sold.
Based on aggregated 13F filings for Q4 2017.