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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
MIM
201
MetLife Investment Management
New Jersey
$5.63M -$83.2K -351 -2%
Nisa Investment Advisors
202
Nisa Investment Advisors
Missouri
$5.54M -$1.24M -5,222 -21%
ASRS
203
Arizona State Retirement System
Arizona
$5.48M +$35.6K +150 +0.8%
SAM
204
Storebrand Asset Management
Norway
$5.47M -$471K -1,986 -9%
AB
205
Amalgamated Bank
New York
$5.42M -$192K -808 -4%
SOMRS
206
State of Michigan Retirement System
Michigan
$5.34M
CAPTRUST Financial Advisors
207
CAPTRUST Financial Advisors
North Carolina
$5.34M +$1.51M +6,385 +49%
Lazard Asset Management
208
Lazard Asset Management
New York
$5.1M -$1.05M -4,419 -19%
Nomura Asset Management
209
Nomura Asset Management
Japan
$5M -$2.54M -10,709 -37%
UIM
210
USS Investment Management
United Kingdom
$4.95M
Franklin Resources
211
Franklin Resources
California
$4.9M -$508K -2,145 -11%
Natixis Advisors
212
Natixis Advisors
Massachusetts
$4.89M +$103K +436 +3%
Corient Private Wealth
213
Corient Private Wealth
Florida
$4.86M -$3.69M -15,558 -47%
State of Tennessee, Department of Treasury
214
State of Tennessee, Department of Treasury
Tennessee
$4.64M -$2.93M -12,368 -42%
Osaic Holdings
215
Osaic Holdings
Arizona
$4.6M -$2.92M -12,330 -42%
IDP
216
In-Depth Partners
Florida
$4.6M
UCFA
217
United Capital Financial Advisors
Texas
$4.55M +$632K +2,667 +19%
PNC Financial Services Group
218
PNC Financial Services Group
Pennsylvania
$4.32M -$724K -3,053 -16%
SOADOR
219
State of Alaska Department of Revenue
Alaska
$4.3M -$245K -1,035 -6%
Retirement Systems of Alabama
220
Retirement Systems of Alabama
Alabama
$4.3M -$94.1K -397 -2%
Assenagon Asset Management
221
Assenagon Asset Management
Luxembourg
$4.3M -$299K -1,263 -7%
BPC
222
Banque Pictet & Cie
Switzerland
$4.29M -$966K -4,074 -21%
COPPSERS
223
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$4.27M +$305K +1,287 +9%
MWM
224
Modera Wealth Management
New Jersey
$4.25M +$289K +1,218 +9%
EAM
225
Erste Asset Management
Austria
$4.23M

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.