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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
VIM
476
Vinva Investment Management
Australia
$454K -$344K -1,451 -47%
II
477
Inspire Investing
Idaho
$453K -$123K -518 -24%
LTAS
478
Linden Thomas Advisory Services
North Carolina
$453K +$12.6K +53 +3%
OAM
479
Ostrum Asset Management
France
$448K -$14K -59 -3%
BTWM
480
Baker Tilly Wealth Management
Wisconsin
$447K -$55.2K -233 -13%
CCA
481
Conestoga Capital Advisors
Pennsylvania
$444K -$4.74K -20 -1%
LAM
482
LECAP Asset Management
United Kingdom
$442K +$382K +1,613 New
DL
483
DOHJ LLC
Washington
$441K +$175K +739 +85%
HSA
484
HBK Sorce Advisory
Pennsylvania
$438K +$78.5K +331 +26%
PGFC
485
Peapack-Gladstone Financial Corp
New Jersey
$437K -$23.7K -100 -6%
SF
486
Synovus Financial
Georgia
$431K
NW
487
NewEdge Wealth
Pennsylvania
$429K -$204K -860 -35%
A
488
AlphaQuest
New York
$429K +$371K +1,564 New
VAS
489
Vestmark Advisory Solutions
Massachusetts
$427K -$202K -851 -35%
BSW
490
Buckingham Strategic Wealth
Missouri
$427K +$14.9K +63 +4%
ECM
491
Everence Capital Management
Indiana
$425K -$225K -950 -38%
C
492
Certuity
Florida
$424K +$59K +249 +19%
SIA
493
Schechter Investment Advisors
Michigan
$422K -$266K -1,121 -42%
MS
494
Mizuho Securities
Japan
$422K +$365K +1,540 New
CNBT
495
Canandaigua National Bank & Trust
New York
$417K -$6.4K -27 -2%
ZIC
496
ZWJ Investment Counsel
Georgia
$411K -$19.9K -84 -5%
NSEDCP
497
NJ State Employees Deferred Compensation Plan
New Jersey
$411K
VI
498
Vestcor Inc
New Brunswick, Canada
$408K -$3.56K -15 -1%
HAG
499
HighPoint Advisor Group
Illinois
$406K +$301K +1,271 New
Public Sector Pension Investment Board (PSP Investments)
500
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$404K -$1.46M -6,170 -81%

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.