Align Technology
ALGN
632 hedge funds and large institutions have $19B invested in Align Technology in 2020 Q2 according to their latest regulatory filings, with 102 funds opening new positions, 208 increasing their positions, 239 reducing their positions, and 76 closing their positions.
59% more capital invested
Capital invested by funds: $11.9B → $19B (+$7B)
34% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 76
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3% more funds holding
Funds holding: 612 → 632 (+20)
0.48% more ownership
Funds ownership: 87.21% → 87.69% (+0.48%)
13% less repeat investments, than reductions
Existing positions increased: 208 | Existing positions reduced: 239
16% less call options, than puts
Call options by funds: $323M | Put options by funds: $383M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$266M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$121M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$119M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$106M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$229M |
| 2 |
Renaissance Technologies
New York
|
-$164M |
| 3 |
Goldman Sachs
New York
|
-$82M |
| 4 |
VM
Valinor Management
New York
|
-$67.2M |
| 5 |
Janus Henderson Group
London,
|
-$64.3M |
ALGN Hedge Fund Activity: Q2 2020 in Review
632 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q2 2020, worth a combined $19B — up 59% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new ALGN positions and 76 closed out — a net gain of 26 holders — while 208 added to existing stakes and 239 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $266M. The largest seller was BlackRock, cutting an estimated $229M.
- 632 institutional investors held Align Technology (ALGN) as of Q2 2020, up from 612 in Q1 2020.
- Funds reported $19B of Align Technology stock for Q2 2020, up 59% quarter-over-quarter.
- 102 funds opened new Align Technology positions in Q2 2020 and 76 closed out, a net change of +26 holders.
- The largest Align Technology buyer in Q2 2020 was T. Rowe Price Associates, an estimated $266M added.
- The largest Align Technology seller in Q2 2020 was BlackRock, an estimated $229M sold.
Based on aggregated 13F filings for Q2 2020.