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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
IA
651
IFP Advisors
Florida
$68.8K -$13.3K -56 -18%
MA
652
MCF Advisors
Kentucky
$68.8K
AT
653
Avalon Trust
New Mexico
$68.5K
OP
654
ORG Partners
Indiana
$66.3K -$37.9K -160 -40%
C
655
Covestor
United Kingdom
$66K +$6.64K +28 +13%
EWA
656
EverSource Wealth Advisors
Alabama
$61.1K -$73.3K -309 -58%
QL
657
Quarry LP
New York
$56.4K +$15.9K +67 +48%
FHA
658
First Horizon Advisors
Tennessee
$56.2K +$7.82K +33 +19%
CFGS
659
Concourse Financial Group Securities
Alabama
$55.6K -$25.4K -107 -35%
CLOS
660
Compagnie Lombard Odier SCmA
Switzerland
$54.8K
HWA
661
Heritage Wealth Advisors
Virginia
$54.8K
OCM
662
Orion Capital Management
California
$54.8K
OA
663
Operose Advisors
Wisconsin
$52.1K -$3.56K -15 -7%
MPWT
664
MassMutual Private Wealth & Trust
Connecticut
$49.9K -$1.66K -7 -4%
RIM
665
Rakuten Investment Management
Japan
$49K +$42K +177 New
TFGT
666
TS Financial Group (TSFG)
Illinois
$48K
SOW
667
State of Wyoming
Wyoming
$45.8K +$33.7K +142 +568%
SSB
668
Sandy Spring Bank
Maryland
$40.3K
AF
669
Allworth Financial
California
$37K -$41.7K -176 -57%
CUAMC
670
China Universal Asset Management Company
China
$36.4K -$67.6K -285 -68%
LC
671
Lindbrook Capital
California
$34.8K +$3.56K +15 +13%
PCMC
672
Planning Capital Management Corporation
Pennsylvania
$33.4K +$28.9K +122 New
EWM
673
Evermay Wealth Management
Virginia
$33.2K +$237 +1 +0.8%
Bank Julius Baer & Co
674
Bank Julius Baer & Co
Switzerland
$32.9K -$1.1M -4,654 -97%
ZB
675
Zions Bancorporation
Utah
$31.2K -$4.27K -18 -14%

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.