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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
AW
776
Avion Wealth
Texas
$1K +$237 +1 +50%
RCM
777
Raleigh Capital Management
North Carolina
$822 -$7.59K -32 -91%
GI
778
Gradient Investments
Minnesota
$822
SIC
779
SJS Investment Consulting
Ohio
$822
SC
780
Solstein Capital
California
$822
SIS
781
Sound Income Strategies
Florida
$822
BGAI
782
Bruce G. Allen Investments
Colorado
$822 +$711 +3 New
MA
783
Montag & Associates
Georgia
$730
JFGIW
784
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$548 -$3.56K -15 -88%
S
785
Sachetta
Massachusetts
$548 +$474 +2 New
AWM
786
Avior Wealth Management
Nebraska
$274 -$1.9K -8 -89%
TWD
787
True Wealth Design
Ohio
$274
WA
788
WestEnd Advisors
North Carolina
$274
DWM
789
Dogwood Wealth Management
Kansas
$4
Edgewood Management
790
Edgewood Management
Connecticut
-$872M -2,857,317 Closed
Lord, Abbett & Co
791
Lord, Abbett & Co
New Jersey
-$58.4M -191,313 Closed
TC
792
TwinBeech Capital
New York
-$53.8M -176,253 Closed
TG
793
TCW Group
California
-$51.2M -167,769 Closed
QC
794
Quadrature Capital
United Kingdom
-$35.5M -116,252 Closed
CC
795
Cowbird Capital
New York
-$19.1M -62,515 Closed
CSS
796
Cubist Systematic Strategies
Connecticut
-$14.5M -61,197 Closed
AAM
797
Aureus Asset Management
Massachusetts
-$18.3M -59,957 Closed
ADEF
798
Adams Diversified Equity Fund
Maryland
-$11.9M -39,000 Closed
LF
799
Longbow Finance
Switzerland
-$9.6M -31,446 Closed
CM
800
Castleark Management
Illinois
-$8.95M -29,300 Closed

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.