Alvotech (ALVO): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

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

As of today, ALVO has moved +23.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.9% for the XLV sector ETF — an outperformance of +18.1%. Since the quarter end (March 31, 2026), ALVO gained +18.4% vs +3.8% for XLV. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Alvotech (ALVO)

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

Smart Money Signals — ALVO

Based on 55 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added ALVO 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

55 funds currently hold this stock — 83% of the 3.0-year high of 66 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q

+5 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟢

More buyers than sellers — 63% buying

38 buying22 selling

Last quarter: 38 funds were net buyers (16 opened a brand new position + 22 added to an existing one). Only 22 were sellers (11 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter

Funds opening a new ALVO position: 6 → 21 → 6 → 16. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

📌

Mixed — 27% long-term, 38% new

■ 27% conviction (2yr+) ■ 35% medium ■ 38% new

Of the 55 current holders: 15 (27%) held >2 years, 19 held 1–2 years, and 21 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

💎

Buying through price weakness — shares +4%, value -99%

Value

-99%

+3%

Last quarter: funds added +4% more shares while total portfolio value only changed -99%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

📊

Peak discovery — momentum slowing

7 → 6 → 21 → 6 → 16 new funds/Q

New funds entering each quarter: 6 → 21 → 6 → 16. ALVO is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

📊

Mixed cohorts — 35% veterans, 44% new entrants

■ 35% veterans ■ 22% 1-2yr ■ 44% new

Of 55 current holders: 19 (35%) held 2+ years, 12 held 1–2 years, 24 (44%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.

✅

Strong quality — 26% AUM from major funds

26% from top-100 AUM funds

14 of 55 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.1

out of 10

Low Exit Risk

Exit risk score 3.1/10 — 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	55	50	10.0%
13F Shares	16M	16M	3.92%
Total Value	$51M	$6.83B	-99.26%
New Positions	16	6	+10
Increased Positions	22	22	-
Closed Positions	11	22	-11
Reduced Positions	11	9	+2
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

10.0%

13F Shares

16M

3.92%

Total Value

$51M

$6.83B

-99.26%

New Positions

+10

Increased Positions

Closed Positions

-11

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

55 + investors

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

QUARTER:

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

Top 25 ALVO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Littlejohn & Co LLC	4.28%	1,318,534	$4.5M
2	Oaktree Fund Advisors, LLC	0.46%	76,023	$261K
3	Bracebridge Capital, LLC	0.25%	2,705,304	$9.3M
4	Richmond Brothers, Inc.	0.10%	44,830	$154K
5	Steadtrust LLC	0.07%	35,395	$121K
6	Teucrium Investment Advisors, LLC	0.05%	17,845	$61K
7	Tempus Wealth Planning, LLC	0.03%	44,213	$152K
8	China Universal Asset Management Co., Ltd.	0.02%	58,612	$201K
9	Axq Capital, LP	0.01%	24,920	$85K
10	Aquatic Capital Management LLC	0.01%	69,821	$239K
11	Oaktree Capital Management LP	0.01%	97,982	$336K
12	Farallon Capital Management LLC	0.00%	199,675	$685K
13	Millennium Management LLC	0.00%	2,122,596	$7.3M
14	Jump Financial, LLC	0.00%	46,442	$159K
15	Orion Porfolio Solutions, LLC	0.00%	60,151	$206K
16	Savant Capital, LLC	0.00%	77,818	$267K
17	ExodusPoint Capital Management, LP	0.00%	32,159	$110K
18	Vanguard Fiduciary Trust Co	0.00%	974,228	$3.4M
19	Larson Financial Group LLC	0.00%	6,807	$23K
20	Quadrature Capital Ltd	0.00%	16,412	$56K
21	Tower Research Capital LLC (TRC)	0.00%	5,288	$18K
22	Rialto Wealth Management, LLC	0.00%	600	$2K
23	VANGUARD ASSET MANAGEMENT, Ltd	0.00%	151,935	$527K
24	Gf Fund Management CO. LTD.	0.00%	7,004	$24K
25	Legal & General Group Plc	0.00%	504,460	$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 — Alvotech (ALVO)

What does the Smart Money Trend signal show for ALVO?

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

More buyers than sellers — 63% buying: Last quarter: 38 funds were net buyers (16 opened a brand new position + 22 added to an existing one). Only 22 were sellers (11 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ALVO holders?

Strong quality — 26% AUM from major funds: 14 of 55 holders rank in the top 100 by AUM, accounting for 26% 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 ALVO?

Mixed — 27% long-term, 38% new: Of the 55 current holders: 15 (27%) held >2 years, 19 held 1–2 years, and 21 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Alvotech (ALVO) following the 2026 Q1 hedge fund 13F filings?

As of today, ALVO has moved +23.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.9% for the XLV sector ETF — an outperformance of +18.1%. Since the quarter end (March 31, 2026), ALVO has gained +18.4% vs +3.8% for XLV. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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Alvotech (ALVO)

Smart Money Signals — ALVO

Buying streak — 1 quarter in a row

High ownership — 83% of 3.0Y peak

Steady growth — +10% more funds vs a year ago

More buyers than sellers — 63% buying

More new buyers each quarter (+10 vs last Q)

Mixed — 27% long-term, 38% new

Buying through price weakness — shares +4%, value -99%

Peak discovery — momentum slowing

Mixed cohorts — 35% veterans, 44% new entrants

Strong quality — 26% AUM from major funds

Institutional Sentiment Summary — ALVO

Hedge Fund Ownership: ALVO

Market Analysis: ALVO

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ALVO

Is It Too Late to Buy Alvotech (ALVO) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: ALVO

Statistics: ALVO

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Alvotech (ALVO)

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