Align Technology
ALGN
664 hedge funds and large institutions have $22.4B invested in Align Technology in 2020 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 196 increasing their positions, 268 reducing their positions, and 57 closing their positions.
61% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 57
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
18% more capital invested
Capital invested by funds: $19B → $22.4B (+$3.47B)
5% more funds holding
Funds holding: 632 → 664 (+32)
6% more call options, than puts
Call options by funds: $412M | Put options by funds: $391M
0.73% less ownership
Funds ownership: 87.69% → 86.97% (-0.73%)
27% less repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 268
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$356M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$279M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$203M |
| 4 |
FAM
Fred Alger Management
New York
|
+$92.8M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$78.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$234M |
| 2 |
Polen Capital Management
Boca Raton,
Florida
|
-$202M |
| 3 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$121M |
| 4 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$101M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$96.1M |
ALGN Hedge Fund Activity: Q3 2020 in Review
664 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2020, worth a combined $22.4B — up 18% from $19B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new ALGN positions and 57 closed out — a net gain of 35 holders — while 196 added to existing stakes and 268 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $356M. The largest seller was Renaissance Technologies, cutting an estimated $234M.
- 664 institutional investors held Align Technology (ALGN) as of Q3 2020, up from 632 in Q2 2020.
- Funds reported $22.4B of Align Technology stock for Q3 2020, up 18% quarter-over-quarter.
- 92 funds opened new Align Technology positions in Q3 2020 and 57 closed out, a net change of +35 holders.
- The largest Align Technology buyer in Q3 2020 was Janus Henderson Group, an estimated $356M added.
- The largest Align Technology seller in Q3 2020 was Renaissance Technologies, an estimated $234M sold.
Based on aggregated 13F filings for Q3 2020.