Align Technology
ALGN
249 hedge funds and large institutions have $3.72B invested in Align Technology in 2013 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 88 increasing their positions, 77 reducing their positions, and 20 closing their positions.
225% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 20
86% more call options, than puts
Call options by funds: $32.1M | Put options by funds: $17.3M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more funds holding
Funds holding: 206 → 249 (+43)
19% more capital invested
Capital invested by funds: $3.13B → $3.72B (+$585M)
14% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$34.8M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$33.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.6M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$65M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$52.9M |
| 3 |
Bank of New York Mellon
New York
|
-$47.2M |
| 4 |
O
OrbiMed
New York
|
-$36.8M |
| 5 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$29.7M |
ALGN Hedge Fund Activity: Q4 2013 in Review
249 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q4 2013, worth a combined $3.72B — up 19% from $3.13B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new ALGN positions and 20 closed out — a net gain of 45 holders — while 88 added to existing stakes and 77 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $34.8M. The largest seller was Norges Bank, cutting an estimated $65M.
- 249 institutional investors held Align Technology (ALGN) as of Q4 2013, up from 206 in Q3 2013.
- Funds reported $3.72B of Align Technology stock for Q4 2013, up 19% quarter-over-quarter.
- 65 funds opened new Align Technology positions in Q4 2013 and 20 closed out, a net change of +45 holders.
- The largest Align Technology buyer in Q4 2013 was Renaissance Technologies, an estimated $34.8M added.
- The largest Align Technology seller in Q4 2013 was Norges Bank, an estimated $65M sold.
Based on aggregated 13F filings for Q4 2013.