Align Technology
ALGN
789 hedge funds and large institutions have $17.8B invested in Align Technology in 2023 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 272 increasing their positions, 303 reducing their positions, and 113 closing their positions.
8% less first-time investments, than exits
New positions opened: 104 | Existing positions closed: 113
9% less call options, than puts
Call options by funds: $584M | Put options by funds: $645M
1.92% less ownership
Funds ownership: 86.77% → 84.85% (-1.9%)
2% less funds holding
Funds holding: 808 → 789 (-19)
10% less repeat investments, than reductions
Existing positions increased: 272 | Existing positions reduced: 303
12% less capital invested
Capital invested by funds: $20.3B → $17.8B (-$2.47B)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$212M |
| 2 |
Millennium Management
New York
|
+$123M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$105M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$103M |
| 5 |
HF
HRT Financial
New York
|
+$82.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
-$872M |
| 2 |
JP Morgan Chase
New York
|
-$427M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$117M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$75.1M |
| 5 |
Polen Capital Management
Boca Raton,
Florida
|
-$65.4M |
ALGN Hedge Fund Activity: Q4 2023 in Review
789 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q4 2023, worth a combined $17.8B — down 12% from $20.3B a quarter earlier.
Sellers outnumbered buyers: 113 funds closed out of ALGN and 104 opened new positions — a net loss of 9 holders — while 303 trimmed existing stakes and 272 added.
The largest buyer was BlackRock, adding an estimated $212M. The largest seller was Edgewood Management, exiting entirely with an estimated $872M sold.
- 789 institutional investors held Align Technology (ALGN) as of Q4 2023, down from 808 in Q3 2023.
- Funds reported $17.8B of Align Technology stock for Q4 2023, down 12% quarter-over-quarter.
- 104 funds opened new Align Technology positions in Q4 2023 and 113 closed out, a net change of -9 holders.
- The largest Align Technology buyer in Q4 2023 was BlackRock, an estimated $212M added.
- The largest Align Technology seller in Q4 2023 was Edgewood Management, an estimated $872M sold.
Based on aggregated 13F filings for Q4 2023.