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Align Technology

788 hedge funds and large institutions have $18.1B invested in Align Technology in 2023 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 271 increasing their positions, 304 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.37% less ownership

Funds ownership: 86.77%86.4% (-0.37%)

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

2% less funds holding

Funds holding: 807788 (-19)

11% less capital invested

Capital invested by funds: $20.3B → $18.1B (-$2.16B)

11% less repeat investments, than reductions

Existing positions increased: 271 | Existing positions reduced: 304

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
788
Holders Change
-19
Holders Change %
-2.35%
% of All Funds
11.49%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
104
Increased
271
Reduced
304
Closed
113
Calls
$584M
Puts
$645M
Net Calls
-$61.1M
Net Calls Change
-$89.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.29B +$24.7M +104,132 +1%
BlackRock
2
BlackRock
New York
$2B +$212M +895,875 +14%
State Street
3
State Street
Massachusetts
$839M +$6.42M +27,064 +0.9%
Morgan Stanley
4
Morgan Stanley
New York
$675M +$343M +1,445,101 +142%
JP Morgan Chase
5
JP Morgan Chase
New York
$622M -$427M -1,801,181 -44%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$493M -$117M -493,255 -22%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$458M +$11.5M +48,326 +3%
Brown Advisory
8
Brown Advisory
Maryland
$413M +$105M +441,754 +41%
AllianceBernstein
9
AllianceBernstein
Tennessee
$400M +$29.5M +124,535 +9%
Sands Capital Management
10
Sands Capital Management
Virginia
$392M -$24.1M -101,568 -7%
Polen Capital Management
11
Polen Capital Management
Florida
$347M -$65.4M -276,053 -18%
Capital World Investors
12
Capital World Investors
California
$344M -$6.67M -28,156 -2%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$307M -$25.6M -107,933 -9%
N
14
Nuveen
North Carolina
$293M -$25.3M -106,529 -9%
Invesco
15
Invesco
Georgia
$237M -$23M -96,940 -10%
Norges Bank
16
Norges Bank
Norway
$224M +$15.7M +66,372 +9%
Northern Trust
17
Northern Trust
Illinois
$216M -$10.2M -42,972 -5%
Millennium Management
18
Millennium Management
New York
$212M +$123M +517,436 +202%
DGI
19
Disciplined Growth Investors
Minnesota
$184M +$52.7M +222,354 +50%
Allianz Asset Management
20
Allianz Asset Management
Germany
$183M +$15.9M +67,088 +11%
Ameriprise
21
Ameriprise
Minnesota
$179M -$24.7M -104,401 -14%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$164M +$11.6M +49,025 +9%
CIP
23
Champlain Investment Partners
Vermont
$156M -$2.28M -9,605 -2%
BCM
24
Bares Capital Management
Texas
$156M +$24.8M +104,799 +23%
Amundi
25
Amundi
France
$143M +$74.6M +314,755 +156%

ALGN Hedge Fund Activity: Q4 2023 in Review

788 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q4 2023, worth a combined $18.1B — down 11% 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 304 trimmed existing stakes and 271 added.

The largest buyer was Morgan Stanley, adding an estimated $343M. The largest seller was Edgewood Management, exiting entirely with an estimated $872M sold.

  • 788 institutional investors held Align Technology (ALGN) as of Q4 2023, down from 807 in Q3 2023.
  • Funds reported $18.1B of Align Technology stock for Q4 2023, down 11% 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 Morgan Stanley, an estimated $343M added.
  • The largest Align Technology seller in Q4 2023 was Edgewood Management, an estimated $872M sold.

Based on aggregated 13F filings for Q4 2023.