Align Technology
ALGN
275 hedge funds and large institutions have $4.14B invested in Align Technology in 2015 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 107 increasing their positions, 93 reducing their positions, and 49 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 93
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 292 → 275 (-17)
8% less capital invested
Capital invested by funds: $4.5B → $4.14B (-$363M)
21% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $17M
33% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$96.9M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$57.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$41.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$29.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$28.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$199M |
| 2 |
HCM
Hitchwood Capital Management
New York
|
-$75.3M |
| 3 |
Two Sigma Investments
New York
|
-$32.9M |
| 4 |
O
OppenheimerFunds
New York
|
-$32.1M |
| 5 |
CCI
Columbus Circle Investors
|
-$26M |
ALGN Hedge Fund Activity: Q3 2015 in Review
275 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2015, worth a combined $4.14B — down 8.1% from $4.5B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of ALGN and 33 opened new positions — a net loss of 16 holders — while 93 trimmed existing stakes and 107 added.
The largest buyer was Wells Fargo, adding an estimated $96.9M. The largest seller was William Blair & Company, cutting an estimated $199M.
- 275 institutional investors held Align Technology (ALGN) as of Q3 2015, down from 292 in Q2 2015.
- Funds reported $4.14B of Align Technology stock for Q3 2015, down 8.1% quarter-over-quarter.
- 33 funds opened new Align Technology positions in Q3 2015 and 49 closed out, a net change of -16 holders.
- The largest Align Technology buyer in Q3 2015 was Wells Fargo, an estimated $96.9M added.
- The largest Align Technology seller in Q3 2015 was William Blair & Company, an estimated $199M sold.
Based on aggregated 13F filings for Q3 2015.