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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
Legal & General Group
26
Legal & General Group
United Kingdom
$125M -$9.11M -38,440 -8%
Macquarie Group
27
Macquarie Group
Australia
$124M +$103M +435,420 +2,734%
KeyBank National Association
28
KeyBank National Association
Ohio
$117M +$150K +633 +0.1%
Charles Schwab
29
Charles Schwab
California
$116M +$4.44M +18,731 +5%
Envestnet Asset Management
30
Envestnet Asset Management
Illinois
$114M +$49.6M +209,419 +102%
Goldman Sachs
31
Goldman Sachs
New York
$111M -$38M -160,496 -28%
Qube Research & Technologies (QRT)
32
Qube Research & Technologies (QRT)
United Kingdom
$109M +$75.5M +318,447 +401%
Parnassus Investments
33
Parnassus Investments
California
$109M +$9.58M +40,406 +11%
T. Rowe Price Associates
34
T. Rowe Price Associates
Maryland
$108M -$33.4M -140,874 -26%
MIM
35
Meridiem Investment Management
United Kingdom
$105M +$10.5M +44,186 +13%
CS
36
Credit Suisse
Switzerland
$104M +$22.5M +94,767 +33%
UBS AM
37
UBS AM
Illinois
$101M -$4.94M -20,847 -5%
RPI
38
Railway Pension Investments
United Kingdom
$101M
HF
39
HRT Financial
New York
$95.8M +$82.9M +349,580 New
VOYA Investment Management
40
VOYA Investment Management
Georgia
$95.4M -$28.2M -119,102 -25%
Holocene Advisors
41
Holocene Advisors
New York
$91.2M +$78.9M +332,815 New
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$82M +$1.44M +6,063 +2%
RP
43
Riverbridge Partners
Minnesota
$79.4M +$7.01M +29,573 +11%
Bank of America
44
Bank of America
North Carolina
$79M -$15.7M -66,241 -19%
Baird Financial Group
45
Baird Financial Group
Wisconsin
$76M +$2.35M +9,914 +4%
EAM
46
Eagle Asset Management
Florida
$73.2M -$604K -2,547 -0.9%
Nordea Investment Management
47
Nordea Investment Management
Sweden
$71.7M +$4.99M +21,048 +9%
William Blair & Company
48
William Blair & Company
Illinois
$64.9M +$10.8M +45,502 +24%
Adage Capital Partners
49
Adage Capital Partners
Massachusetts
$64.6M +$43.9M +185,282 +368%
LWCFA
50
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$63.6M -$559K -2,359 -1%

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.