Align Technology
ALGN
669 hedge funds and large institutions have $18.7B invested in Align Technology in 2019 Q4 according to their latest regulatory filings, with 143 funds opening new positions, 210 increasing their positions, 217 reducing their positions, and 65 closing their positions.
120% more funds holding in top 10
Funds holding in top 10: 5 → 11 (+6)
120% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 65
58% more capital invested
Capital invested by funds: $11.9B → $18.7B (+$6.86B)
11% more funds holding
Funds holding: 602 → 669 (+67)
3.14% more ownership
Funds ownership: 82.13% → 85.28% (+3.1%)
3% less repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 217
25% less call options, than puts
Call options by funds: $492M | Put options by funds: $655M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
+$197M |
| 2 |
Renaissance Technologies
New York
|
+$98.5M |
| 3 |
Millennium Management
New York
|
+$77.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$67.3M |
| 5 |
VIM
Veritas Investment Management
London,
United Kingdom
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$179M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$106M |
| 3 |
Select Equity Group
New York
|
-$49.8M |
| 4 |
BlackRock
New York
|
-$42.4M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$37.7M |
ALGN Hedge Fund Activity: Q4 2019 in Review
669 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q4 2019, worth a combined $18.7B — up 58% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new ALGN positions and 65 closed out — a net gain of 78 holders — while 210 added to existing stakes and 217 trimmed.
The largest buyer was HHLR Advisors, adding an estimated $197M. The largest seller was Invesco, cutting an estimated $179M.
- 669 institutional investors held Align Technology (ALGN) as of Q4 2019, up from 602 in Q3 2019.
- Funds reported $18.7B of Align Technology stock for Q4 2019, up 58% quarter-over-quarter.
- 143 funds opened new Align Technology positions in Q4 2019 and 65 closed out, a net change of +78 holders.
- The largest Align Technology buyer in Q4 2019 was HHLR Advisors, an estimated $197M added.
- The largest Align Technology seller in Q4 2019 was Invesco, an estimated $179M sold.
Based on aggregated 13F filings for Q4 2019.