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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
ACM
801
Aquatic Capital Management
Illinois
-$3.27M -10,720 Closed
SCM
802
Shelton Capital Management
Colorado
-$2.63M -8,621 Closed
JFG
803
Jefferies Financial Group
New York
-$2.61M -8,540 Closed
DFCM
804
Dark Forest Capital Management
Puerto Rico
-$2.58M -8,454 Closed
JF
805
Jump Financial
Illinois
-$2.56M -8,400 Closed
OQS
806
Occudo Quantitative Strategies
Florida
-$2.13M -6,976 Closed
BCM
807
Bayesian Capital Management
New York
-$2.03M -6,634 Closed
IGAM
808
iA Global Asset Management
Quebec, Canada
-$1.95M -6,379 Closed
FMI
809
F/M Investments
District of Columbia
-$1.92M -6,287 Closed
GCM
810
Graham Capital Management
Connecticut
-$1.89M -6,198 Closed
UOC
811
UBS O'Connor
Illinois
-$1.62M -5,300 Closed
ECM
812
Element Capital Management
New York
-$1.59M -5,202 Closed
PFM
813
Patton Fund Management
Texas
-$1.57M -5,142 Closed
ZIM
814
Zacks Investment Management
Illinois
-$1.44M -4,725 Closed
SC
815
Scotia Capital
Ontario, Canada
-$1.29M -4,209 Closed
FRM
816
Fox Run Management
Connecticut
-$1.21M -3,978 Closed
PMEF
817
Point72 Middle East FZE
United Arab Emirates
-$892K -3,764 Closed
Simplex Trading
818
Simplex Trading
Illinois
-$875K -3,693 Closed
PCMU
819
Paragon Capital Management (Utah)
Utah
-$1.11M -3,630 Closed
ESCM
820
Echo Street Capital Management
New York
-$1.05M -3,448 Closed
NICM
821
Neo Ivy Capital Management
New York
-$1.04M -3,412 Closed
CL
822
CIM LLC
New York
-$881K -2,886 Closed
VCA
823
Verdence Capital Advisors
Maryland
-$852K -2,789 Closed
LCGC
824
Legacy Capital Group California
California
-$851K -2,788 Closed
Voloridge Investment Management
825
Voloridge Investment Management
Florida
-$749K -2,453 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.