Align Technology
ALGN
769 hedge funds and large institutions have $22.5B invested in Align Technology in 2023 Q1 according to their latest regulatory filings, with 145 funds opening new positions, 270 increasing their positions, 263 reducing their positions, and 73 closing their positions.
99% more first-time investments, than exits
New positions opened: 145 | Existing positions closed: 73
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
60% more capital invested
Capital invested by funds: $14.1B → $22.5B (+$8.42B)
31% more call options, than puts
Call options by funds: $666M | Put options by funds: $508M
8% more funds holding
Funds holding: 710 → 769 (+59)
2.34% more ownership
Funds ownership: 85.45% → 87.79% (+2.3%)
3% more repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 263
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$799M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$280M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$146M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$126M |
| 5 |
Millennium Management
New York
|
+$90.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$166M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$133M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$109M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$108M |
| 5 |
CGI
Comgest Global Investors
Paris,
France
|
-$103M |
ALGN Hedge Fund Activity: Q1 2023 in Review
769 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q1 2023, worth a combined $22.5B — up 60% from $14.1B a quarter earlier.
Buyers outnumbered sellers: 145 funds opened new ALGN positions and 73 closed out — a net gain of 72 holders — while 270 added to existing stakes and 263 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $799M. The largest seller was Harding Loevner, cutting an estimated $166M.
- 769 institutional investors held Align Technology (ALGN) as of Q1 2023, up from 710 in Q4 2022.
- Funds reported $22.5B of Align Technology stock for Q1 2023, up 60% quarter-over-quarter.
- 145 funds opened new Align Technology positions in Q1 2023 and 73 closed out, a net change of +72 holders.
- The largest Align Technology buyer in Q1 2023 was JP Morgan Chase, an estimated $799M added.
- The largest Align Technology seller in Q1 2023 was Harding Loevner, an estimated $166M sold.
Based on aggregated 13F filings for Q1 2023.