Align Technology
ALGN
678 hedge funds and large institutions have $18.6B invested in Align Technology in 2019 Q2 according to their latest regulatory filings, with 98 funds opening new positions, 256 increasing their positions, 230 reducing their positions, and 56 closing their positions.
75% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 56
11% more repeat investments, than reductions
Existing positions increased: 256 | Existing positions reduced: 230
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
5.5% more ownership
Funds ownership: 84.04% → 89.54% (+5.5%)
5% more funds holding
Funds holding: 646 → 678 (+32)
3% less capital invested
Capital invested by funds: $19.1B → $18.6B (-$557M)
12% less call options, than puts
Call options by funds: $512M | Put options by funds: $584M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.14B |
| 2 |
Edgewood Management
Greenwich,
Connecticut
|
+$322M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$254M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$133M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$90.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$192M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$126M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$107M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$94.2M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$84M |
ALGN Hedge Fund Activity: Q2 2019 in Review
678 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q2 2019, worth a combined $18.6B — down 2.9% from $19.1B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new ALGN positions and 56 closed out — a net gain of 42 holders — while 256 added to existing stakes and 230 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $1.14B. The largest seller was Viking Global Investors, cutting an estimated $192M.
- 678 institutional investors held Align Technology (ALGN) as of Q2 2019, up from 646 in Q1 2019.
- Funds reported $18.6B of Align Technology stock for Q2 2019, down 2.9% quarter-over-quarter.
- 98 funds opened new Align Technology positions in Q2 2019 and 56 closed out, a net change of +42 holders.
- The largest Align Technology buyer in Q2 2019 was Private Advisor Group, an estimated $1.14B added.
- The largest Align Technology seller in Q2 2019 was Viking Global Investors, an estimated $192M sold.
Based on aggregated 13F filings for Q2 2019.