Align Technology
ALGN
798 hedge funds and large institutions have $36.5B invested in Align Technology in 2020 Q4 according to their latest regulatory filings, with 195 funds opening new positions, 242 increasing their positions, 275 reducing their positions, and 53 closing their positions.
268% more first-time investments, than exits
New positions opened: 195 | Existing positions closed: 53
171% more funds holding in top 10
Funds holding in top 10: 7 → 19 (+12)
63% more capital invested
Capital invested by funds: $22.4B → $36.5B (+$14.1B)
20% more funds holding
Funds holding: 664 → 798 (+134)
1.11% less ownership
Funds ownership: 87.04% → 85.93% (-1.1%)
12% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 275
27% less call options, than puts
Call options by funds: $556M | Put options by funds: $766M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$452M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$224M |
| 3 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$215M |
| 4 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$149M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$130M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$382M |
| 2 |
Edgewood Management
Greenwich,
Connecticut
|
-$259M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$242M |
| 4 |
BCM
Bares Capital Management
Austin,
Texas
|
-$166M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$128M |
ALGN Hedge Fund Activity: Q4 2020 in Review
798 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q4 2020, worth a combined $36.5B — up 63% from $22.4B a quarter earlier.
Buyers outnumbered sellers: 195 funds opened new ALGN positions and 53 closed out — a net gain of 142 holders — while 242 added to existing stakes and 275 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $452M. The largest seller was Renaissance Technologies, cutting an estimated $382M.
- 798 institutional investors held Align Technology (ALGN) as of Q4 2020, up from 664 in Q3 2020.
- Funds reported $36.5B of Align Technology stock for Q4 2020, up 63% quarter-over-quarter.
- 195 funds opened new Align Technology positions in Q4 2020 and 53 closed out, a net change of +142 holders.
- The largest Align Technology buyer in Q4 2020 was JP Morgan Chase, an estimated $452M added.
- The largest Align Technology seller in Q4 2020 was Renaissance Technologies, an estimated $382M sold.
Based on aggregated 13F filings for Q4 2020.