Alvotech
ALVO
31 hedge funds and large institutions have $174M invested in Alvotech in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
41% more funds holding
Funds holding: 22 → 31 (+9)
1% more capital invested
Capital invested by funds: $172M → $174M (+$1.57M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.16% less ownership
Funds ownership: 5.34% → 5.19% (-0.16%)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$11.3M |
| 2 |
PC
PointState Capital
New York
|
+$9.75M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$7.27M |
| 4 |
Millennium Management
New York
|
+$1.55M |
| 5 |
LC
Littlejohn & Co
Greenwich,
Connecticut
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$13.4M |
| 2 |
Morgan Stanley
New York
|
-$10.3M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$4.91M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$2.82M |
| 5 |
LC
Lodbrok Capital
London,
United Kingdom
|
-$476K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $53.1K | +$54.3K | +4,067 | +1,351% |
|
|
QL
27
Quarry LP
New York
| $14.4K | +$15.8K | +1,184 | New |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $1.82K | +$2K | +150 | New |
|
|
LFG
29
Larson Financial Group
St Louis,
Missouri
| $365 | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $24 | – | – | – |
|
|
OQS
31
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$295K | -24,120 | Closed |
|
32
Point72 Asset Management
Stamford,
Connecticut
| – | -$143K | -11,700 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$17.7K | -1,328 | -99% |
|
ALVO Hedge Fund Activity: Q2 2024 in Review
31 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Alvotech (ALVO) for Q2 2024, worth a combined $174M — up 0.91% from $172M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ALVO positions and 2 closed out — a net gain of 9 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $11.3M. The largest seller was Sculptor Capital, cutting an estimated $13.4M.
- 31 institutional investors held Alvotech (ALVO) as of Q2 2024, up from 22 in Q1 2024.
- Funds reported $174M of Alvotech stock for Q2 2024, up 0.91% quarter-over-quarter.
- 11 funds opened new Alvotech positions in Q2 2024 and 2 closed out, a net change of +9 holders.
- The largest Alvotech buyer in Q2 2024 was Balyasny Asset Management, an estimated $11.3M added.
- The largest Alvotech seller in Q2 2024 was Sculptor Capital, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2024.