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Align Technology

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.

New
Increased
Maintained
Reduced
Closed

191% more first-time investments, than exits

New positions opened: 134 | Existing positions closed: 46

15% more funds holding

Funds holding: 553636 (+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: 2219 (-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

Holders
636
Holders Change
+83
Holders Change %
+15.01%
% of All Funds
14.43%
Holding in Top 10
19
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-13.64%
% of All Funds
0.43%
New
134
Increased
179
Reduced
273
Closed
46
Calls
$173M
Puts
$279M
Net Calls
-$105M
Net Calls Change
+$199M
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC Private Wealth Group
26
CIBC Private Wealth Group
Georgia
$98.1M -$44.9M -197,559 -31%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$97M +$13.5M +59,356 +16%
EAM
28
Eagle Asset Management
Florida
$92.4M +$8.01M +35,245 +9%
O
29
OppenheimerFunds
New York
$91.2M -$3.22M -14,179 -3%
VOYA Investment Management
30
VOYA Investment Management
Georgia
$91.1M -$27.8M -122,541 -23%
PAMU
31
Pictet Asset Management (UK)
United Kingdom
$90.1M +$13.1M +57,513 +17%
American Century Companies
32
American Century Companies
Missouri
$87.1M +$26.7M +117,533 +43%
GC
33
Guggenheim Capital
Illinois
$84.2M -$25.1M -110,355 -23%
Legal & General Group
34
Legal & General Group
United Kingdom
$83.8M -$1.38M -6,092 -2%
Dimensional Fund Advisors
35
Dimensional Fund Advisors
Texas
$82.1M -$2.73M -12,032 -3%
William Blair Investment Management
36
William Blair Investment Management
Illinois
$79.2M -$207M -910,056 -72%
TCIM
37
TIAA CREF Investment Management
New York
$77.6M +$21.5M +94,490 +37%
Millennium Management
38
Millennium Management
New York
$76.7M +$59.6M +262,491 +318%
Jennison Associates
39
Jennison Associates
New York
$76.6M -$24M -105,478 -23%
Ameriprise
40
Ameriprise
Minnesota
$74.1M +$44.5M +196,022 +143%
Russell Investments Group
41
Russell Investments Group
United Kingdom
$69.5M -$7.38M -32,502 -10%
FCM
42
Frontier Capital Management
Massachusetts
$69M -$26.4M -116,397 -27%
WRF
43
Waddell & Reed Financial
Kansas
$68M -$33.7M -148,173 -33%
Swiss National Bank
44
Swiss National Bank
Switzerland
$62.5M
CWAM
45
Columbia Wanger Asset Management
Illinois
$59.7M -$83.9M -369,323 -58%
Sumitomo Mitsui Trust Group
46
Sumitomo Mitsui Trust Group
Japan
$59.2M +$1.99M +8,769 +3%
MWNA
47
Marshall Wace North America
New York
$59M -$6.76M -29,752 -10%
CS
48
Credit Suisse
Switzerland
$58.5M +$32.8M +144,188 +121%
Charles Schwab
49
Charles Schwab
California
$57.9M +$193K +851 +0.3%
OCBV
50
Ownership Capital B.V.
Netherlands
$57.5M -$40.3M -177,501 -41%

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.