Align Technology
ALGN
713 hedge funds and large institutions have $24.7B invested in Align Technology in 2018 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 252 increasing their positions, 279 reducing their positions, and 49 closing their positions.
76% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 49
13% more capital invested
Capital invested by funds: $21.9B → $24.7B (+$2.8B)
8% more funds holding in top 10
Funds holding in top 10: 24 → 26 (+2)
5% more funds holding
Funds holding: 681 → 713 (+32)
10% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 279
1.32% less ownership
Funds ownership: 79.99% → 78.67% (-1.3%)
33% less call options, than puts
Call options by funds: $509M | Put options by funds: $764M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$130M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$115M |
| 3 |
State Street
Boston,
Massachusetts
|
+$60.6M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$48.3M |
| 5 |
BlackRock
New York
|
+$42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$126M |
| 2 |
Two Sigma Investments
New York
|
-$116M |
| 3 |
Polen Capital Management
Boca Raton,
Florida
|
-$94.3M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$79.4M |
| 5 |
Two Sigma Advisers
New York
|
-$59.3M |
ALGN Hedge Fund Activity: Q3 2018 in Review
713 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2018, worth a combined $24.7B — up 13% from $21.9B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new ALGN positions and 49 closed out — a net gain of 37 holders — while 252 added to existing stakes and 279 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $130M. The largest seller was Arrowstreet Capital, cutting an estimated $126M.
- 713 institutional investors held Align Technology (ALGN) as of Q3 2018, up from 681 in Q2 2018.
- Funds reported $24.7B of Align Technology stock for Q3 2018, up 13% quarter-over-quarter.
- 86 funds opened new Align Technology positions in Q3 2018 and 49 closed out, a net change of +37 holders.
- The largest Align Technology buyer in Q3 2018 was Citadel Advisors, an estimated $130M added.
- The largest Align Technology seller in Q3 2018 was Arrowstreet Capital, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2018.