Align Technology
ALGN
808 hedge funds and large institutions have $20.3B invested in Align Technology in 2023 Q3 according to their latest regulatory filings, with 104 funds opening new positions, 294 increasing their positions, 288 reducing their positions, and 63 closing their positions.
65% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 63
5% more funds holding
Funds holding: 772 → 808 (+36)
6% more call options, than puts
Call options by funds: $513M | Put options by funds: $484M
2% more repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 288
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.43% less ownership
Funds ownership: 88.19% → 86.77% (-1.4%)
15% less capital invested
Capital invested by funds: $23.9B → $20.3B (-$3.58B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$278M |
| 2 |
JP Morgan Chase
New York
|
+$275M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$203M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$65.2M |
| 5 |
TC
TwinBeech Capital
Purchase,
New York
|
+$60.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$286M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$246M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
-$183M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$150M |
| 5 |
Edgewood Management
Greenwich,
Connecticut
|
-$145M |
ALGN Hedge Fund Activity: Q3 2023 in Review
808 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q3 2023, worth a combined $20.3B — down 15% from $23.9B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new ALGN positions and 63 closed out — a net gain of 41 holders — while 294 added to existing stakes and 288 trimmed.
The largest buyer was BlackRock, adding an estimated $278M. The largest seller was Capital World Investors, cutting an estimated $286M.
- 808 institutional investors held Align Technology (ALGN) as of Q3 2023, up from 772 in Q2 2023.
- Funds reported $20.3B of Align Technology stock for Q3 2023, down 15% quarter-over-quarter.
- 104 funds opened new Align Technology positions in Q3 2023 and 63 closed out, a net change of +41 holders.
- The largest Align Technology buyer in Q3 2023 was BlackRock, an estimated $278M added.
- The largest Align Technology seller in Q3 2023 was Capital World Investors, an estimated $286M sold.
Based on aggregated 13F filings for Q3 2023.