Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Alector Inc (ALEC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
2Q ▲
Buyers last Q
60%

Smart Money Signals — ALEC

Based on 140 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ALEC 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.
📊

High ownership — 88% of 3.0Y peak

88% of all-time peak
140 funds currently hold this stock — 88% of the 3.0-year high of 159 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+5 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

74 buying50 selling
Last quarter: 74 funds were net buyers (15 opened a brand new position + 59 added to an existing one). Only 50 were sellers (38 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 28 → 25 → 30 → 15. 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.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 26% medium ■ 22% new
73 out of 140 hedge funds have held ALEC 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.
📊

Peak discovery — momentum slowing

17 → 28 → 25 → 30 → 15 new funds/Q
New funds entering each quarter: 28 → 25 → 30 → 15. ALEC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 62% veterans vs 24% newcomers

■ 62% veterans ■ 14% 1-2yr ■ 24% new
Entry-cohort mix of 144 holders: 90 (62%) are 2+ year veterans, 20 entered 1–2 years ago, and 34 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
38 of 139 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — 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.

Institutional Sentiment Summary — ALEC

In 2026 Q2, 74 hedge funds were net buyers of ALEC (15 opened a new position, 59 added to an existing one), while 50 reduced or exited (38 trimmed, 12 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 31% of total institutional value in ALEC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 140.

Hedge Fund Ownership: ALEC

How many hedge funds hold ALEC — quarterly history vs. share price
Quarterly hedge fund ownership of ALEC vs. share price

Market Analysis: ALEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ALEC

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 1 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: ALEC
138 + Investors

Track Smart Money conviction in ALEC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 138 137 0.73%
13F Shares 92M 89M 3.22%
Total Value $176M $183M -3.81%
New Positions 15 30 -15
Increased Positions 57 42 +15
Closed Positions 13 22 -9
Reduced Positions 36 36 -
Total Calls 3 3 -
Total Puts 2 0 100%
PUT/CALL Ratio 0.67 0.0 Bullish

Statistics: ALEC

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Institutional Holders (2026 Q2)

138 + investors

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

QUARTER:
Top 25 ALEC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Medici Capital LLC 6.51% 1,652,520 $3.3M
2 Merck & Co., Inc. 1.35% 3,545,719 $7.1M
3 Spruce Street Capital LP 0.83% 2,101,068 $4.2M
4 Euclidean Capital LLC 0.60% 1,307,858 $2.6M
5 TCG Crossover Management, LLC 0.48% 10,000,000 $20.1M
6 Elmind Capital, LP 0.45% 900,000 $1.8M
7 Ikarian Capital, LLC 0.43% 1,982,606 $4.0M
8 Kynam Capital Management, LP 0.42% 3,808,494 $7.7M
9 DAFNA Capital Management LLC 0.35% 908,351 $1.8M
10 683 Capital Management, LLC 0.32% 3,200,000 $6.4M
11 EntryPoint Capital, LLC 0.31% 100,449 $456K
12 Nano Cap New Millennium Growth Fund L P 0.31% 200,000 $402K
13 Nantahala Capital Management, LLC 0.29% 4,318,109 $8.7M
14 ADAR1 Capital Management, LLC 0.27% 2,883,583 $5.8M
15 Eversept Partners, LP 0.15% 1,423,873 $2.9M
16 Affinity Asset Advisors, LLC 0.14% 1,510,000 $3.0M
17 Verdad Advisers, LP 0.12% 60,509 $122K
18 Deerfield Management Company, L.P. 0.02% 1,055,192 $2.1M
19 Hamilton Lane Advisors LLC 0.02% 14,400 $29K
20 Boothbay Fund Management, LLC 0.01% 532,850 $1.1M
21 Jacobs Levy Equity Management, Inc 0.01% 1,765,929 $3.5M
22 XTX Topco Ltd 0.01% 399,681 $803K
23 Balyasny Asset Management L.P. 0.01% 3,247,426 $6.5M
24 Cantor Fitzgerald, L. P. 0.01% 295,492 $594K
25 Panagora Asset Management Inc 0.01% 845,999 $1.7M
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 — Alector Inc (ALEC)

What does the Smart Money Trend signal show for ALEC?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ALEC 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 ALEC?

More buyers than sellers — 60% buying: Last quarter: 74 funds were net buyers (15 opened a brand new position + 59 added to an existing one). Only 50 were sellers (38 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ALEC holders?

Strong quality — 31% AUM from major funds: 38 of 139 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ALEC?

52% of holders stayed for 2+ years: 73 out of 140 hedge funds have held ALEC 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.

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.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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