Alvotech
ALVO
17 hedge funds and large institutions have $245M invested in Alvotech in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
55% more funds holding
Funds holding: 11 → 17 (+6)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more capital invested
Capital invested by funds: $185M → $245M (+$59.9M)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
0.32% less ownership
Funds ownership: 7.54% → 7.22% (-0.32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$18.2M |
| 2 |
LC
Littlejohn & Co
Greenwich,
Connecticut
|
+$14.5M |
| 3 |
OFA
Oaktree Fund Advisors
Los Angles,
California
|
+$5.34M |
| 4 |
LC
Lodbrok Capital
London,
United Kingdom
|
+$3.19M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$27.9M |
| 2 |
Morgan Stanley
New York
|
-$13.3M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$134K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.83K |
ALVO Hedge Fund Activity: Q1 2023 in Review
17 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Alvotech (ALVO) for Q1 2023, worth a combined $245M — up 32% from $185M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ALVO positions and 1 closed out — a net gain of 6 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Oaktree Capital Management, adding an estimated $18.2M. The largest seller was Bracebridge Capital LLC, cutting an estimated $27.9M.
- 17 institutional investors held Alvotech (ALVO) as of Q1 2023, up from 11 in Q4 2022.
- Funds reported $245M of Alvotech stock for Q1 2023, up 32% quarter-over-quarter.
- 7 funds opened new Alvotech positions in Q1 2023 and 1 closed out, a net change of +6 holders.
- The largest Alvotech buyer in Q1 2023 was Oaktree Capital Management, an estimated $18.2M added.
- The largest Alvotech seller in Q1 2023 was Bracebridge Capital LLC, an estimated $27.9M sold.
Based on aggregated 13F filings for Q1 2023.