Align Technology
ALGN
553 hedge funds and large institutions have $12.6B invested in Align Technology in 2017 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 171 increasing their positions, 239 reducing their positions, and 34 closing their positions.
171% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 34
27% more capital invested
Capital invested by funds: $9.91B → $12.6B (+$2.66B)
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
10% more funds holding
Funds holding: 503 → 553 (+50)
2.02% more ownership
Funds ownership: 82.18% → 84.2% (+2%)
28% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 239
72% less call options, than puts
Call options by funds: $119M | Put options by funds: $431M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$139M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$107M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$99.6M |
| 4 |
Renaissance Technologies
New York
|
+$77M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$65.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$82M |
| 2 |
Polen Capital Management
Boca Raton,
Florida
|
-$50.9M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$42.5M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$42M |
| 5 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$32.8M |
ALGN Hedge Fund Activity: Q3 2017 in Review
553 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2017, worth a combined $12.6B — up 27% from $9.91B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new ALGN positions and 34 closed out — a net gain of 58 holders — while 171 added to existing stakes and 239 trimmed.
The largest buyer was Bank of America, adding an estimated $139M. The largest seller was AllianceBernstein, cutting an estimated $82M.
- 553 institutional investors held Align Technology (ALGN) as of Q3 2017, up from 503 in Q2 2017.
- Funds reported $12.6B of Align Technology stock for Q3 2017, up 27% quarter-over-quarter.
- 92 funds opened new Align Technology positions in Q3 2017 and 34 closed out, a net change of +58 holders.
- The largest Align Technology buyer in Q3 2017 was Bank of America, an estimated $139M added.
- The largest Align Technology seller in Q3 2017 was AllianceBernstein, an estimated $82M sold.
Based on aggregated 13F filings for Q3 2017.