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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
CIA
451
Capital Investment Advisors
Georgia
$560K +$205K +863 +73%
TMAM
452
Tokio Marine Asset Management
Japan
$555K +$31.1K +131 +7%
LJAC
453
L.J. Altfest & Co
New York
$554K -$87K -367 -15%
HIM
454
Hillsdale Investment Management
Ontario, Canada
$548K +$74.7K +315 +19%
TI
455
Tidal Investments
Wisconsin
$542K -$464K -1,957 -50%
SCA
456
Snowden Capital Advisors
New York
$536K -$143K -605 -24%
Verition Fund Management
457
Verition Fund Management
Connecticut
$533K -$942K -3,973 -67%
CCM
458
Coldstream Capital Management
Washington
$532K +$74.2K +313 +19%
FI
459
FJ Investments
Utah
$521K +$450K +1,900 New
CIP
460
Chartwell Investment Partners
Pennsylvania
$517K +$81.1K +342 +22%
GBT
461
Grove Bank & Trust
Florida
$516K +$23K +97 +5%
PCP
462
Pacific Capital Partners
$504K +$7.82K +33 +2%
CM
463
Capula Management
Cayman Islands
$495K -$1.15M -4,834 -73%
GIA
464
Gateway Investment Advisers
Ohio
$494K +$107K +450 +33%
ET
465
Equitable Trust
Tennessee
$493K +$39.1K +165 +10%
AC
466
AXQ Capital
New Jersey
$493K +$427K +1,800 New
HT
467
Headlands Technologies
Illinois
$486K +$420K +1,772 New
IMCOOI
468
Investment Management Corp of Ontario (IMCO)
Canada
$477K +$413K +1,742 New
YMRC
469
Yorktown Management & Research Company
Virginia
$473K
KAS
470
Kestra Advisory Services
Texas
$471K -$285K -1,203 -41%
SFA
471
Sequoia Financial Advisors
Ohio
$460K +$161K +679 +68%
KC
472
Knuff & Co
California
$460K +$398K +1,678 New
O
473
Ossiam
France
$458K
RWPA
474
Richard W. Paul & Associates
Michigan
$457K +$10.7K +45 +3%
PE
475
Point72 Europe
United Kingdom
$456K +$394K +1,664 New

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.