Align Technology
ALGN
503 hedge funds and large institutions have $9.91B invested in Align Technology in 2017 Q2 according to their latest regulatory filings, with 102 funds opening new positions, 172 increasing their positions, 171 reducing their positions, and 30 closing their positions.
240% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 30
157% more funds holding in top 10
Funds holding in top 10: 7 → 18 (+11)
22% more capital invested
Capital invested by funds: $8.13B → $9.91B (+$1.77B)
16% more funds holding
Funds holding: 435 → 503 (+68)
1% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 171
6.14% less ownership
Funds ownership: 88.32% → 82.18% (-6.1%)
54% less call options, than puts
Call options by funds: $64.3M | Put options by funds: $140M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$140M |
| 2 |
State Street
Boston,
Massachusetts
|
+$104M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$82.5M |
| 4 |
Janus Henderson Group
London,
|
+$53.8M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$53.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$302M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$284M |
| 3 |
BlackRock
New York
|
-$252M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$137M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$71.9M |
ALGN Hedge Fund Activity: Q2 2017 in Review
503 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q2 2017, worth a combined $9.91B — up 22% from $8.13B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new ALGN positions and 30 closed out — a net gain of 72 holders — while 172 added to existing stakes and 171 trimmed.
The largest buyer was Vanguard Group, adding an estimated $140M. The largest seller was Wellington Management Group, cutting an estimated $302M.
- 503 institutional investors held Align Technology (ALGN) as of Q2 2017, up from 435 in Q1 2017.
- Funds reported $9.91B of Align Technology stock for Q2 2017, up 22% quarter-over-quarter.
- 102 funds opened new Align Technology positions in Q2 2017 and 30 closed out, a net change of +72 holders.
- The largest Align Technology buyer in Q2 2017 was Vanguard Group, an estimated $140M added.
- The largest Align Technology seller in Q2 2017 was Wellington Management Group, an estimated $302M sold.
Based on aggregated 13F filings for Q2 2017.