Align Technology
ALGN
681 hedge funds and large institutions have $21.9B invested in Align Technology in 2018 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 236 increasing their positions, 283 reducing their positions, and 47 closing their positions.
68% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 47
37% more capital invested
Capital invested by funds: $16B → $21.9B (+$5.93B)
9% more funds holding in top 10
Funds holding in top 10: 22 → 24 (+2)
4% more funds holding
Funds holding: 655 → 681 (+26)
0.54% more ownership
Funds ownership: 79.45% → 79.99% (+0.54%)
17% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 283
39% less call options, than puts
Call options by funds: $369M | Put options by funds: $601M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$364M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$129M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
+$104M |
| 4 |
Two Sigma Investments
New York
|
+$90.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
-$90M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$89.6M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$83M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$75.9M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$61.4M |
ALGN Hedge Fund Activity: Q2 2018 in Review
681 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q2 2018, worth a combined $21.9B — up 37% from $16B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new ALGN positions and 47 closed out — a net gain of 32 holders — while 236 added to existing stakes and 283 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $364M. The largest seller was Polen Capital Management, cutting an estimated $90M.
- 681 institutional investors held Align Technology (ALGN) as of Q2 2018, up from 655 in Q1 2018.
- Funds reported $21.9B of Align Technology stock for Q2 2018, up 37% quarter-over-quarter.
- 79 funds opened new Align Technology positions in Q2 2018 and 47 closed out, a net change of +32 holders.
- The largest Align Technology buyer in Q2 2018 was Fidelity Investments, an estimated $364M added.
- The largest Align Technology seller in Q2 2018 was Polen Capital Management, an estimated $90M sold.
Based on aggregated 13F filings for Q2 2018.