Align Technology
ALGN
887 hedge funds and large institutions have $44.7B invested in Align Technology in 2021 Q3 according to their latest regulatory filings, with 107 funds opening new positions, 349 increasing their positions, 296 reducing their positions, and 60 closing their positions.
78% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 60
18% more repeat investments, than reductions
Existing positions increased: 349 | Existing positions reduced: 296
9% more capital invested
Capital invested by funds: $41B → $44.7B (+$3.68B)
4% more funds holding
Funds holding: 853 → 887 (+34)
0.23% more ownership
Funds ownership: 84.8% → 85.02% (+0.23%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
30% less call options, than puts
Call options by funds: $631M | Put options by funds: $903M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$567M |
| 2 |
Janus Henderson Group
London,
|
+$429M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$192M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$174M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$167M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$641M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$232M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
-$199M |
| 4 |
Millennium Management
New York
|
-$116M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$105M |
ALGN Hedge Fund Activity: Q3 2021 in Review
887 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2021, worth a combined $44.7B — up 9% from $41B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new ALGN positions and 60 closed out — a net gain of 47 holders — while 349 added to existing stakes and 296 trimmed.
The largest buyer was Jennison Associates, adding an estimated $567M. The largest seller was Vanguard Group, cutting an estimated $641M.
- 887 institutional investors held Align Technology (ALGN) as of Q3 2021, up from 853 in Q2 2021.
- Funds reported $44.7B of Align Technology stock for Q3 2021, up 9% quarter-over-quarter.
- 107 funds opened new Align Technology positions in Q3 2021 and 60 closed out, a net change of +47 holders.
- The largest Align Technology buyer in Q3 2021 was Jennison Associates, an estimated $567M added.
- The largest Align Technology seller in Q3 2021 was Vanguard Group, an estimated $641M sold.
Based on aggregated 13F filings for Q3 2021.