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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
HWM
851
HB Wealth Management
Georgia
-$322K -1,053 Closed
TSS
852
Two Sigma Securities
New York
-$245K -1,033 Closed
FMAEN1
853
Fund Management at Engine No 1
California
-$311K -1,018 Closed
1WA
854
180 Wealth Advisors
Washington
-$308K -1,008 Closed
GCP
855
Garda Capital Partners
Minnesota
-$226K -953 Closed
SMA
856
Sage Mountain Advisors
Georgia
-$283K -926 Closed
CGL
857
Clarius Group LLC
Washington
-$265K -868 Closed
CWM
858
Connecticut Wealth Management
Connecticut
-$260K -851 Closed
KI
859
Kapitalo Investimentos
Brazil
-$255K -834 Closed
DA
860
Duality Advisers
Florida
-$254K -831 Closed
AWM
861
Apollon Wealth Management
South Carolina
-$248K -813 Closed
PTC
862
Petrus Trust Company
Texas
-$238K -781 Closed
WA
863
Wealth Alliance
New York
-$235K -771 Closed
AT
864
American Trust
Kentucky
-$215K -704 Closed
DWT
865
Dorsey & Whitney Trust
South Dakota
-$214K -702 Closed
QCM
866
Qsemble Capital Management
New York
-$213K -699 Closed
CA
867
Cetera Advisors
Colorado
-$212K -694 Closed
CCA
868
Checchi Capital Advisers
California
-$212K -693 Closed
AWS
869
Atria Wealth Solutions
New York
-$211K -691 Closed
SCA
870
Summit Creek Advisors
Minnesota
-$211K -690 Closed
IFG
871
Independent Financial Group
California
-$209K -685 Closed
IPAM
872
ICICI Prudential Asset Management
India
-$208K -681 Closed
IIM
873
Ipswich Investment Management
Massachusetts
-$208K -680 Closed
CSPIA
874
Cary Street Partners Investment Advisory
Virginia
-$207K -677 Closed
MFGM
875
Marshall Financial Group (Maryland)
Maryland
-$203K -666 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.