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Align Technology

206 hedge funds and large institutions have $3.1B invested in Align Technology in 2013 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 81 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $50M | Put options by funds: $23.5M

94% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 16

25% more capital invested

Capital invested by funds: $2.47B → $3.1B (+$628M)

7% more funds holding

Funds holding: 192206 (+14)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

15% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 81

Holders
206
Holders Change
+14
Holders Change %
+7.29%
% of All Funds
6.68%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
31
Increased
69
Reduced
81
Closed
16
Calls
$50M
Puts
$23.5M
Net Calls
+$26.5M
Net Calls Change
+$8.61M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$382M +$93.4M +2,139,438 +37%
KCM
2
Kornitzer Capital Management
Kansas
$219M -$10.3M -237,001 -5%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$209M -$69.1M -1,582,010 -27%
Vanguard Group
4
Vanguard Group
Pennsylvania
$201M +$5.45M +124,800 +3%
BFA
5
BlackRock Fund Advisors
California
$186M +$17.3M +396,376 +11%
AllianceBernstein
6
AllianceBernstein
Tennessee
$118M +$18.1M +415,221 +20%
BIT
7
BlackRock Institutional Trust
California
$98.6M +$4.12M +94,355 +5%
William Blair & Company
8
William Blair & Company
Illinois
$75.6M +$7.24M +165,866 +12%
Norges Bank
9
Norges Bank
Norway
$74.8M +$47.9M +1,096,327 +240%
State Street
10
State Street
Massachusetts
$71.8M +$303K +6,943 +0.5%
Lord, Abbett & Co
11
Lord, Abbett & Co
New Jersey
$70.2M +$6M +137,429 +10%
EAM
12
Eagle Asset Management
Florida
$68.3M -$243K -5,573 -0.4%
Ameriprise
13
Ameriprise
Minnesota
$65.1M -$8.74M -200,265 -13%
ORI
14
Oak Ridge Investments
Illinois
$64.2M -$2.06M -47,122 -3%
DGI
15
Disciplined Growth Investors
Minnesota
$57.9M +$212K +4,845 +0.4%
TCM
16
TimesSquare Capital Management
New York
$56.3M -$7.95M -182,000 -13%
Northern Trust
17
Northern Trust
Illinois
$53.6M -$817K -18,713 -2%
Massachusetts Financial Services
18
Massachusetts Financial Services
Massachusetts
$52.9M -$7.47M -171,140 -13%
GCM
19
Geneva Capital Management
Wisconsin
$52.5M -$20.3M -464,618 -30%
FAM
20
Fred Alger Management
New York
$46.9M -$928K -21,262 -2%
O
21
OrbiMed
New York
$36.8M -$2.53M -58,000 -7%
CCA
22
Conestoga Capital Advisors
Pennsylvania
$31.6M -$1.14M -26,080 -4%
Wells Fargo
23
Wells Fargo
California
$29M -$2.47M -56,572 -9%
VOYA Investment Management
24
VOYA Investment Management
Georgia
$28.4M -$12.5M -286,600 -33%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$28.3M -$2.38M -54,614 -9%

ALGN Hedge Fund Activity: Q3 2013 in Review

206 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2013, worth a combined $3.1B — up 25% from $2.47B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new ALGN positions and 16 closed out — a net gain of 15 holders — while 69 added to existing stakes and 81 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $93.4M. The largest seller was Sectoral Asset Management, cutting an estimated $87.9M.

  • 206 institutional investors held Align Technology (ALGN) as of Q3 2013, up from 192 in Q2 2013.
  • Funds reported $3.1B of Align Technology stock for Q3 2013, up 25% quarter-over-quarter.
  • 31 funds opened new Align Technology positions in Q3 2013 and 16 closed out, a net change of +15 holders.
  • The largest Align Technology buyer in Q3 2013 was Fidelity Investments, an estimated $93.4M added.
  • The largest Align Technology seller in Q3 2013 was Sectoral Asset Management, an estimated $87.9M sold.

Based on aggregated 13F filings for Q3 2013.