Align Technology
ALGN
767 hedge funds and large institutions have $15.7B invested in Align Technology in 2024 Q2 according to their latest regulatory filings, with 89 funds opening new positions, 252 increasing their positions, 304 reducing their positions, and 131 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1.49% less ownership
Funds ownership: 87.89% → 86.41% (-1.5%)
6% less funds holding
Funds holding: 817 → 767 (-50)
17% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 304
27% less capital invested
Capital invested by funds: $21.6B → $15.7B (-$5.91B)
32% less first-time investments, than exits
New positions opened: 89 | Existing positions closed: 131
33% less call options, than puts
Call options by funds: $251M | Put options by funds: $373M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$317M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$210M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$133M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$119M |
| 5 |
BlackRock
New York
|
+$81.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$377M |
| 2 |
Polen Capital Management
Boca Raton,
Florida
|
-$333M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$240M |
| 4 |
Holocene Advisors
New York
|
-$141M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$81.5M |
ALGN Hedge Fund Activity: Q2 2024 in Review
767 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q2 2024, worth a combined $15.7B — down 27% from $21.6B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of ALGN and 89 opened new positions — a net loss of 42 holders — while 304 trimmed existing stakes and 252 added.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $317M. The largest seller was JP Morgan Chase, cutting an estimated $377M.
- 767 institutional investors held Align Technology (ALGN) as of Q2 2024, down from 817 in Q1 2024.
- Funds reported $15.7B of Align Technology stock for Q2 2024, down 27% quarter-over-quarter.
- 89 funds opened new Align Technology positions in Q2 2024 and 131 closed out, a net change of -42 holders.
- The largest Align Technology buyer in Q2 2024 was T. Rowe Price Investment Management, an estimated $317M added.
- The largest Align Technology seller in Q2 2024 was JP Morgan Chase, an estimated $377M sold.
Based on aggregated 13F filings for Q2 2024.