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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
BAAM
826
Baker Avenue Asset Management
California
-$665K -2,179 Closed
FHB
827
First Hawaiian Bank
Hawaii
-$642K -2,104 Closed
HWAM
828
Hennion & Walsh Asset Management
New Jersey
-$634K -2,075 Closed
FAM
829
Fred Alger Management
New York
-$623K -2,041 Closed
CIA
830
Choate Investment Advisors
Massachusetts
-$616K -2,019 Closed
MHP
831
Manatuck Hill Partners
Connecticut
-$611K -2,000 Closed
BBA
832
Baader Bank Aktiengesellschaft
Germany
-$565K -1,850 Closed
Caisse de Depot et Placement du Quebec (CDPQ)
833
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
-$548K -1,794 Closed
IA
834
Inspire Advisors
Idaho
-$508K -1,665 Closed
RC
835
Roundview Capital
New Jersey
-$475K -1,557 Closed
EI
836
Ellevest Inc
New York
-$425K -1,392 Closed
CWM
837
Congress Wealth Management
Massachusetts
-$422K -1,382 Closed
AG
838
Algert Global
California
-$407K -1,334 Closed
SPA
839
Sherbrooke Park Advisers
New York
-$397K -1,300 Closed
HPCM
840
Hunter Perkins Capital Management
Illinois
-$396K -1,296 Closed
JCM
841
Jag Capital Management
Missouri
-$384K -1,258 Closed
CANY
842
Caxton Associates (New York)
New York
-$383K -1,253 Closed
SM
843
STF Management
Texas
-$378K -1,238 Closed
UFF
844
USA Financial Formulas
Michigan
-$377K -1,235 Closed
LAS
845
Lloyd Advisory Services
Georgia
-$363K -1,190 Closed
KPWS
846
Kestra Private Wealth Services
Texas
-$343K -1,124 Closed
IFU
847
iSAM Funds (UK)
United Kingdom
-$339K -1,110 Closed
AP
848
Americana Partners
Texas
-$308K -1,109 Closed
MPPLM
849
Midwest Professional Planners Ltd (MPPL)
Wisconsin
-$336K -1,101 Closed
BC
850
Bridgefront Capital
Texas
-$324K -1,060 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.