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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
Deutsche Bank
51
Deutsche Bank
Germany
$63.6M +$9.52M +40,156 +21%
EPFB
52
Employees Provident Fund Board
Malaysia
$63.5M +$14.1M +59,429 +35%
Swiss National Bank
53
Swiss National Bank
Switzerland
$62.3M -$1.52M -6,400 -3%
RSCM
54
Rock Springs Capital Management
Maryland
$60.3M +$711K +3,000 +1%
Jane Street
55
Jane Street
New York
$58.9M +$41.7M +175,879 +450%
Dimensional Fund Advisors
56
Dimensional Fund Advisors
Texas
$58.5M +$1.72M +7,266 +4%
AQR Capital Management
57
AQR Capital Management
Connecticut
$54.5M +$26.9M +113,621 +134%
HSBC Holdings
58
HSBC Holdings
United Kingdom
$49.6M +$24.3M +102,413 +131%
Twin Tree Management
59
Twin Tree Management
Texas
$48.6M +$29.5M +124,505 +235%
Wells Fargo
60
Wells Fargo
California
$48.4M -$22.9M -96,506 -35%
Westfield Capital Management
61
Westfield Capital Management
Massachusetts
$48.3M -$7.49M -31,611 -15%
Sumitomo Mitsui Trust Group
62
Sumitomo Mitsui Trust Group
Japan
$47.9M -$1.55M -6,519 -4%
Barclays
63
Barclays
United Kingdom
$46.8M -$2.22M -9,360 -5%
Janus Henderson Group
64
Janus Henderson Group
United Kingdom
$46.1M -$2.2M -9,297 -5%
CIBC Private Wealth Group
65
CIBC Private Wealth Group
Georgia
$44.6M -$1.44M -6,078 -4%
ACH
66
ArrowMark Colorado Holdings
Colorado
$44.4M +$36.6M +154,415 +2,059%
BG
67
Bellevue Group
Switzerland
$43.7M -$1.77M -7,479 -4%
JAM
68
Jupiter Asset Management
United Kingdom
$43.4M +$5.34M +22,508 +17%
Bessemer Group
69
Bessemer Group
New Jersey
$42.7M -$277K -1,167 -0.7%
APM
70
Avidity Partners Management
Texas
$42.7M +$36.9M +155,800 New
Balyasny Asset Management
71
Balyasny Asset Management
Illinois
$42.6M +$32.9M +138,584 +828%
PIM
72
Provident Investment Management
Michigan
$41.8M +$143K +605 +0.4%
Alyeska Investment Group
73
Alyeska Investment Group
Illinois
$41.4M +$35.8M +151,060 New
B
74
Braidwell
Connecticut
$40.1M +$5M +21,100 +17%
RhumbLine Advisers
75
RhumbLine Advisers
Massachusetts
$39.7M -$664K -2,799 -2%

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.