Align Technology
ALGN
206 hedge funds and large institutions have $3.13B 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.
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
26% more capital invested
Capital invested by funds: $2.49B → $3.13B (+$642M)
7% more funds holding
Funds holding: 192 → 206 (+14)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$93.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$47.9M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$20.7M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$20.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Sectoral Asset Management
Montreal,
Quebec, Canada
|
-$87.9M |
| 2 |
Bank of New York Mellon
New York
|
-$69.1M |
| 3 |
RG
Redmile Group
San Francisco,
California
|
-$38.8M |
| 4 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$20.3M |
| 5 |
MA
MUFG Americas
New York
|
-$16.9M |
ALGN Hedge Fund Activity: Q3 2013 in Review
206 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2013, worth a combined $3.13B — up 26% from $2.49B 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 $3.13B of Align Technology stock for Q3 2013, up 26% 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.