Align Technology
ALGN
317 hedge funds and large institutions have $5.3B invested in Align Technology in 2016 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 115 increasing their positions, 104 reducing their positions, and 29 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
103% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 29
14% more capital invested
Capital invested by funds: $4.64B → $5.3B (+$659M)
11% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 104
9% more funds holding
Funds holding: 291 → 317 (+26)
41% less call options, than puts
Call options by funds: $25.2M | Put options by funds: $42.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
+$98.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$60.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$38.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.2M |
| 5 |
KM
Kylin Management
New York
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$35.7M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$34.1M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$28.6M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$26.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$25.2M |
ALGN Hedge Fund Activity: Q1 2016 in Review
317 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q1 2016, worth a combined $5.3B — up 14% from $4.64B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new ALGN positions and 29 closed out — a net gain of 30 holders — while 115 added to existing stakes and 104 trimmed.
The largest buyer was Polen Capital Management, opening a new position worth an estimated $98.3M. The largest seller was Wells Fargo, cutting an estimated $35.7M.
- 317 institutional investors held Align Technology (ALGN) as of Q1 2016, up from 291 in Q4 2015.
- Funds reported $5.3B of Align Technology stock for Q1 2016, up 14% quarter-over-quarter.
- 59 funds opened new Align Technology positions in Q1 2016 and 29 closed out, a net change of +30 holders.
- The largest Align Technology buyer in Q1 2016 was Polen Capital Management, an estimated $98.3M added.
- The largest Align Technology seller in Q1 2016 was Wells Fargo, an estimated $35.7M sold.
Based on aggregated 13F filings for Q1 2016.