Align Technology
ALGN
817 hedge funds and large institutions have $21.6B invested in Align Technology in 2024 Q1 according to their latest regulatory filings, with 111 funds opening new positions, 305 increasing their positions, 279 reducing their positions, and 74 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
50% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 74
19% more capital invested
Capital invested by funds: $18.1B → $21.6B (+$3.49B)
4% more funds holding
Funds holding: 788 → 817 (+29)
1.5% more ownership
Funds ownership: 86.4% → 87.89% (+1.5%)
9% more repeat investments, than reductions
Existing positions increased: 305 | Existing positions reduced: 279
44% less call options, than puts
Call options by funds: $375M | Put options by funds: $668M
Top Buyers
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$321M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$138M |
| 3 |
BlackRock
New York
|
+$108M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$97.8M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$94.5M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$435M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$231M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$112M |
| 4 |
HF
HRT Financial
New York
|
-$95.8M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$88.4M |
ALGN Hedge Fund Activity: Q1 2024 in Review
817 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Align Technology (ALGN) for Q1 2024, worth a combined $21.6B — up 19% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new ALGN positions and 74 closed out — a net gain of 37 holders — while 305 added to existing stakes and 279 trimmed.
The largest buyer was Ninety One (UK), adding an estimated $321M. The largest seller was Morgan Stanley, cutting an estimated $435M.
- 817 institutional investors held Align Technology (ALGN) as of Q1 2024, up from 788 in Q4 2023.
- Funds reported $21.6B of Align Technology stock for Q1 2024, up 19% quarter-over-quarter.
- 111 funds opened new Align Technology positions in Q1 2024 and 74 closed out, a net change of +37 holders.
- The largest Align Technology buyer in Q1 2024 was Ninety One (UK), an estimated $321M added.
- The largest Align Technology seller in Q1 2024 was Morgan Stanley, an estimated $435M sold.
Based on aggregated 13F filings for Q1 2024.