Align Technology
ALGN
647 hedge funds and large institutions have $19.1B invested in Align Technology in 2019 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 238 increasing their positions, 217 reducing their positions, and 85 closing their positions.
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
38% more capital invested
Capital invested by funds: $13.9B → $19.1B (+$5.22B)
21% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 85
2% more funds holding
Funds holding: 634 → 647 (+13)
1.16% more ownership
Funds ownership: 82.93% → 84.09% (+1.2%)
10% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 217
1% more call options, than puts
Call options by funds: $574M | Put options by funds: $569M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
+$481M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$295M |
| 3 |
Polen Capital Management
Boca Raton,
Florida
|
+$186M |
| 4 |
Goldman Sachs
New York
|
+$114M |
| 5 |
BlackRock
New York
|
+$72.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
-$216M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$173M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$143M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$131M |
| 5 |
Janus Henderson Group
London,
|
-$96.8M |
ALGN Hedge Fund Activity: Q1 2019 in Review
647 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q1 2019, worth a combined $19.1B — up 38% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new ALGN positions and 85 closed out — a net gain of 18 holders — while 238 added to existing stakes and 217 trimmed.
The largest buyer was Edgewood Management, opening a new position worth an estimated $481M. The largest seller was Tybourne Capital Management, exiting entirely with an estimated $216M sold.
- 647 institutional investors held Align Technology (ALGN) as of Q1 2019, up from 634 in Q4 2018.
- Funds reported $19.1B of Align Technology stock for Q1 2019, up 38% quarter-over-quarter.
- 103 funds opened new Align Technology positions in Q1 2019 and 85 closed out, a net change of +18 holders.
- The largest Align Technology buyer in Q1 2019 was Edgewood Management, an estimated $481M added.
- The largest Align Technology seller in Q1 2019 was Tybourne Capital Management, an estimated $216M sold.
Based on aggregated 13F filings for Q1 2019.