Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ALIGN TECHNOLOGY INC (ALGN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
1Q ▲
Buyers last Q
49%

Smart Money Signals — ALGN

Based on 632 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ALGN 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 — 83% of 3.0Y peak

83% of all-time peak
632 funds currently hold this stock — 83% of the 3.0-year high of 757 funds (reached 2024 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

fund count last 6Q
37 fewer hedge funds hold ALGN compared to a year ago (-6% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 49% buying

350 buying363 selling
Last quarter: 363 funds reduced or exited vs 350 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.
📈

More new buyers each quarter (+34 vs last Q)

new funds entering per quarter
Funds opening a new ALGN position: 96 → 112 → 103 → 137. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 14% medium ■ 18% new
431 out of 632 hedge funds have held ALGN 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.
💰

Price up while funds trimmed (+21% value, -4% shares)

Value
+21%
Shares
-3%
Last quarter: total value of institutional ALGN holdings rose +21% even though funds reduced share count by 4%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

98 → 96 → 112 → 103 → 137 new funds/Q
New funds entering each quarter: 96 → 112 → 103 → 137. A growing number of institutions are discovering ALGN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 73% of holders stayed 2+ years

■ 73% veterans ■ 7% 1-2yr ■ 19% new
Of 673 current holders: 493 (73%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds
50 of 632 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in ALGN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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.

Hedge Fund Ownership: ALGN

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

Market Analysis: ALGN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ALGN

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

41 top-rated funds 3 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: ALGN
2026 Q1 Stats Unlock in 20 days 673 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 673 660 1.97%
13F Shares 67M 70M -3.51%
Total Value $10.47B $8.63B 21.35%
New Positions 141 110 +31
Increased Positions 266 293 -27
Closed Positions 130 145 -15
Reduced Positions 281 252 +29
Total Calls 21 22 -4.55%
Total Puts 25 25 -
PUT/CALL Ratio 1.19 1.14 Neutral

Statistics: ALGN

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

673 + investors

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

Top 25 institutional holders of ALGN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CALIFORNIA FIRST LEASING CORP 2.47% 44,925 $7.7M
2 Ninety One North America, Inc. 1.33% 172,379 $29.6M
3 Capricorn Fund Managers Ltd 1.27% 47,400 $8.1M
4 Marathon Asset Management Ltd 1.26% 191,709 $32.9M
5 North Growth Management Ltd. 1.21% 46,000 $8K
6 Ninety One UK Ltd 0.89% 2,228,214 $382.0M
7 SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI 0.74% 56,416 $9.7M
8 INVESTMENT HOUSE LLC 0.73% 82,387 $14.1M
9 Grant Private Wealth Management Inc 0.64% 7,000 $1.2M
10 LECAP ASSET MANAGEMENT LTD 0.63% 9,828 $1.7M
11 M.E. ALLISON & CO., INC. 0.47% 4,155 $712K
12 COUNTRY TRUST BANK 0.42% 128,252 $22.0M
13 DAVENPORT & Co LLC 0.37% 396,854 $68.0M
14 Parrish Capital LLC 0.36% 2,522 $394K
15 Skylands Capital, LLC 0.34% 15,300 $2.6M
16 K.J. Harrison & Partners Inc 0.34% 12,000 $2.1M
17 DDD Partners, LLC 0.31% 26,416 $4.5M
18 Simplify Asset Management Inc. 0.28% 106,897 $18.3M
19 Assenagon Asset Management S.A. 0.26% 989,388 $169.6M
20 Resona Asset Management Co.,Ltd. 0.25% 294,476 $50.0M
21 AEGON ASSET MANAGEMENT UK PLC 0.24% 106,617 $18.3M
22 Maridea Wealth Management LLC 0.24% 9,433 $1.6M
23 RIVERBRIDGE PARTNERS LLC 0.20% 47,918 $8.2M
24 KEYBANK NATIONAL ASSOCIATION/OH 0.18% 281,412 $48.2M
25 GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ 0.17% 500 —
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 — ALIGN TECHNOLOGY INC (ALGN)

What does the Smart Money Trend signal show for ALGN?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ALGN 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 ALGN?

More sellers than buyers — 49% buying: Last quarter: 363 funds reduced or exited vs 350 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 ALGN holders?

Elite ownership — 54% AUM from top-100 funds: 50 of 632 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in ALGN. 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 ALGN?

68% of holders stayed for 2+ years: 431 out of 632 hedge funds have held ALGN 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.