Align Technology
ALGN
772 hedge funds and large institutions have $23.9B invested in Align Technology in 2023 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 242 increasing their positions, 315 reducing their positions, and 82 closing their positions.
6% more capital invested
Capital invested by funds: $22.5B → $23.9B (+$1.4B)
7% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 82
0.41% more ownership
Funds ownership: 87.79% → 88.19% (+0.41%)
0% more funds holding
Funds holding: 769 → 772 (+3)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less call options, than puts
Call options by funds: $408M | Put options by funds: $458M
23% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 315
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$264M |
| 2 |
JP Morgan Chase
New York
|
+$113M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$73.4M |
| 4 |
BlackRock
New York
|
+$70.9M |
| 5 |
EPFB
Employees Provident Fund Board
Shah Alam,
Malaysia
|
+$66.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$275M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$101M |
| 3 |
BCM
Bares Capital Management
Austin,
Texas
|
-$95.8M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$75.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$53M |
ALGN Hedge Fund Activity: Q2 2023 in Review
772 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q2 2023, worth a combined $23.9B — up 6.2% from $22.5B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new ALGN positions and 82 closed out — a net gain of 6 holders — while 242 added to existing stakes and 315 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $264M. The largest seller was Citadel Advisors, cutting an estimated $275M.
- 772 institutional investors held Align Technology (ALGN) as of Q2 2023, up from 769 in Q1 2023.
- Funds reported $23.9B of Align Technology stock for Q2 2023, up 6.2% quarter-over-quarter.
- 88 funds opened new Align Technology positions in Q2 2023 and 82 closed out, a net change of +6 holders.
- The largest Align Technology buyer in Q2 2023 was Wellington Management Group, an estimated $264M added.
- The largest Align Technology seller in Q2 2023 was Citadel Advisors, an estimated $275M sold.
Based on aggregated 13F filings for Q2 2023.