Alcon AG (ALC): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Alcon AG (ALC) following the 2026 Q1 hedge fund 13F filings?

As of today, ALC has moved +3.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.3% for the XLV sector ETF — an outperformance of -0.8%. Since the quarter end (March 31, 2026), ALC gained -12.6% vs +3.2% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Alcon AG (ALC)

644 + Investors. Track Smart Money conviction in ALC. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — ALC

Based on 651 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added ALC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

651 hedge funds hold ALC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding ALC is almost the same as a year ago (+9 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.

🟠

More sellers than buyers — 47% buying

289 buying332 selling

Last quarter: 332 funds reduced or exited vs 289 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 78 → 87 → 96 → 87. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 20% medium ■ 18% new

402 out of 651 hedge funds have held ALC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📈

Growing discovery — still being found

85 → 78 → 87 → 96 → 87 new funds/Q

New funds entering each quarter: 78 → 87 → 96 → 87. A growing number of institutions are discovering ALC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 66% veterans vs 22% newcomers

■ 66% veterans ■ 13% 1-2yr ■ 22% new

Entry-cohort mix of 679 holders: 447 (66%) are 2+ year veterans, 85 entered 1–2 years ago, and 147 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds

52 of 650 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in ALC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.7

out of 10

Low Exit Risk

Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	644	650	-0.92%
13F Shares	237M	264M	-10.35%
Total Value	$16.84B	$20.49B	-17.85%
New Positions	85	96	-11
Increased Positions	195	210	-15
Closed Positions	91	75	+16
Reduced Positions	234	228	+6
Total Calls	12	13	-7.69%
Total Puts	17	19	-10.53%
PUT/CALL Ratio	1.42	1.46	Bearish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

644

650

-0.92%

13F Shares

237M

264M

-10.35%

Total Value

$16.84B

$20.49B

-17.85%

New Positions

-11

Increased Positions

195

210

-15

Closed Positions

+16

Reduced Positions

234

228

Total Calls

-7.69%

Total Puts

-10.53%

PUT/CALL Ratio

1.42

1.46

Bearish

Institutional Holders (2026 Q1)

644 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ALC. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 ALC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Rudius Management LP	37.76%	1,792,276	$135.0M
2	Troy Asset Management Ltd	5.28%	2,988,435	$177.1M
3	Southpoint Capital Advisors LP	5.27%	3,400,000	$256.2M
4	Wormser Freres Gestion	5.21%	95,231	$7.2M
5	Bridger Management, LLC	4.96%	84,300	$6.4M
6	SIH Partners, LLLP	3.47%	3,486,000	$262.7M
7	Banque Cantonale Vaudoise	3.12%	1,123,122	$82.8M
8	Soros Capital Management LLC	3.09%	94,320	$7.1M
9	Pictet North America Advisors SA	3.04%	414,421	$30.6M
10	Caisse Des Depots Et Consignations	2.89%	2,374,092	$175.1M
11	Socorro Asset Management LP	2.83%	83,135	$6.3M
12	Ninety One North America, Inc.	2.48%	747,610	$55.1M
13	Ilex Capital Partners (UK) LLP	2.28%	1,248,215	$92.5M
14	Select Equity Group, L.P.	2.14%	5,676,304	$418.6M
15	Firetrail Investments Pty Ltd	2.14%	84,729	$6.3M
16	Sofinnova Investments, Inc.	2.09%	729,972	$55.0M
17	Sirios Capital Management L P	2.00%	218,867	$16.5M
18	Walter Public Investments Inc.	1.89%	105,083	$7.9M
19	Running Oak Capital LLC	1.74%	171,079	$12.9M
20	LaFleur & Godfrey LLC	1.69%	180,366	$13.6M
21	Vestal Point Capital, LP	1.69%	800,000	$60.3M
22	Liontrust Investment Partners LLP	1.67%	1,411,358	$112.7M
23	Mcdaniel Terry & Co	1.56%	243,992	$18.4M
24	Aristotle Capital Management, LLC	1.53%	9,720,601	$732.5M
25	Anchor Capital Advisors LLC	1.49%	696,723	$52.5M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Alcon AG (ALC)

What does the Smart Money Trend signal show for ALC?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ALC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ALC?

More sellers than buyers — 47% buying: Last quarter: 332 funds reduced or exited vs 289 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for ALC holders?

Elite ownership — 41% AUM from top-100 funds: 52 of 650 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in ALC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ALC?

62% of holders stayed for 2+ years: 402 out of 651 hedge funds have held ALC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Alcon AG (ALC) following the 2026 Q1 hedge fund 13F filings?

As of today, ALC has moved +3.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.3% for the XLV sector ETF — an outperformance of -0.8%. Since the quarter end (March 31, 2026), ALC has gained -12.6% vs +3.2% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Alcon AG (ALC)

Smart Money Signals — ALC

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Stable — ownership unchanged year-over-year

More sellers than buyers — 47% buying

Fewer new buyers each quarter (-9 vs last Q)

62% of holders stayed for 2+ years

Growing discovery — still being found

Veteran-anchored — 66% veterans vs 22% newcomers

Elite ownership — 41% AUM from top-100 funds

Institutional Sentiment Summary — ALC

Hedge Fund Ownership: ALC

Market Analysis: ALC

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ALC

Is It Too Late to Buy Alcon AG (ALC) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: ALC

Statistics: ALC

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Alcon AG (ALC)

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