Align Technology
ALGN
731 hedge funds and large institutions have $14B invested in Align Technology in 2022 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 282 increasing their positions, 260 reducing their positions, and 84 closing their positions.
55% more call options, than puts
Call options by funds: $411M | Put options by funds: $265M
8% more repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 260
0.35% less ownership
Funds ownership: 87.06% → 86.71% (-0.35%)
2% less funds holding
Funds holding: 747 → 731 (-16)
11% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 84
14% less capital invested
Capital invested by funds: $16.3B → $14B (-$2.21B)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$229M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$68M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$60.4M |
| 4 |
BCM
Bares Capital Management
Austin,
Texas
|
+$57.4M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$39.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$331M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$200M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$75.9M |
| 4 |
Edgewood Management
Greenwich,
Connecticut
|
-$61.1M |
| 5 |
Sands Capital Management
Arlington,
Virginia
|
-$47.7M |
ALGN Hedge Fund Activity: Q3 2022 in Review
731 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2022, worth a combined $14B — down 14% from $16.3B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of ALGN and 75 opened new positions — a net loss of 9 holders — while 260 trimmed existing stakes and 282 added.
The largest buyer was Vanguard Group, adding an estimated $229M. The largest seller was Janus Henderson Group, cutting an estimated $331M.
- 731 institutional investors held Align Technology (ALGN) as of Q3 2022, down from 747 in Q2 2022.
- Funds reported $14B of Align Technology stock for Q3 2022, down 14% quarter-over-quarter.
- 75 funds opened new Align Technology positions in Q3 2022 and 84 closed out, a net change of -9 holders.
- The largest Align Technology buyer in Q3 2022 was Vanguard Group, an estimated $229M added.
- The largest Align Technology seller in Q3 2022 was Janus Henderson Group, an estimated $331M sold.
Based on aggregated 13F filings for Q3 2022.