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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
NA
501
NewEdge Advisors
Louisiana
$404K -$92K -388 -21%
BLC
502
Brown, Lisle/Cummings
Rhode Island
$397K
AFG
503
Atomi Financial Group
New York
$397K +$104K +440 +44%
SI
504
Schusterman Interests
Oklahoma
$388K -$335K -1,415 -50%
TC
505
Telemus Capital
Michigan
$387K +$711 +3 +0.2%
FTDI
506
First Trust Direct Indexing
Massachusetts
$384K +$237 +1 +0.1%
GF
507
Gabelli Funds
New York
$384K
HCM
508
Howland Capital Management
Massachusetts
$383K
TAMH
509
Taikang Asset Management (HK)
Hong Kong
$378K -$1.55M -6,519 -83%
AWA
510
Arkadios Wealth Advisors
Georgia
$373K +$323K +1,363 New
WS
511
Wedbush Securities
California
$373K -$20.6K -87 -6%
SAG
512
SageView Advisory Group
California
$369K +$167K +703 +102%
CC
513
Corton Capital
Ontario, Canada
$368K +$319K +1,344 New
OR
514
Olympiad Research
Connecticut
$367K +$100K +423 +46%
PCM
515
Prelude Capital Management
New York
$367K +$100K +423 +46%
MG
516
Marex Group
$364K -$571K -2,407 -64%
MMC
517
Mizuho Markets Cayman
Cayman Islands
$360K -$3.68M -15,537 -92%
WI
518
Wahed Invest
New York
$357K +$27.5K +116 +10%
EA
519
Emerald Advisers
Pennsylvania
$350K -$1.9K -8 -0.6%
PCA
520
Pallas Capital Advisors
Massachusetts
$344K -$15.6K -66 -5%
SPC
521
Sigma Planning Corp
Michigan
$344K -$54.5K -230 -15%
CFG
522
Cooper Financial Group
California
$343K -$18K -76 -6%
WTA
523
Washington Trust Advisors
Massachusetts
$343K
PAG
524
Private Advisor Group
New Jersey
$342K -$29.2K -123 -9%
Cetera Investment Advisers
525
Cetera Investment Advisers
Illinois
$341K -$440K -1,858 -60%

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.