ALIGN TECHNOLOGY INC ALGN
COM · Common Stock · CUSIP 016255101 · ISIN US0162551016
Company in San Jose, United States
- SectorHealth care
- IndustryOrthopedic, Prosthetic & Surgical Appliances & Supplies
- HeadquartersTempe, AZ
- Founded1997
- Websitealigntech.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($35.1m this quarter). Holder counts are more reliable. Shares outstanding: 78.1m as of 2022-10-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $211.39. Options: 31 managers hold calls ($391.8m notional), 22 hold puts ($267.3m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 732 |
| Q4 2022 | 712 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $411.2m | $265.2m | 0.65 |
| Q4 2022 | $391.8m | $267.3m | 0.68 |
Biggest buyers
| Capital World Investors | Added | +1.0m |
| PARNASSUS INVESTMENTS, LLC | Added | +421.6k |
| SANDS CAPITAL MANAGEMENT, LLC | Added | +345.6k |
| CITADEL ADVISORS LLC | Added | +287.9k |
| Thrivent Financial for Lutherans | Added | +243.6k |
| Bank of New York Mellon Corp | Added | +223.7k |
| BROWN ADVISORY INC | Added | +213.8k |
| RENAISSANCE TECHNOLOGIES LLC | New | +179.6k |
| Camber Capital Management LP | Added | +175.0k |
| ArrowMark Colorado Holdings LLC | New | +167.6k |
Biggest sellers
| JANUS HENDERSON GROUP PLC | Reduced | -2.2m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -521.0k |
| Echo Street Capital Management LLC | Reduced | -477.1k |
| EDGEWOOD MANAGEMENT LLC | Reduced | -466.3k |
| AMERIPRISE FINANCIAL INC | Reduced | -400.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -360.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -321.7k |
| POLEN CAPITAL MANAGEMENT LLC | Reduced | -314.0k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -241.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -213.7k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $93.8m444.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $75.9m359.8k shares |
| JANE STREET GROUP, LLC | Added | $35.5m168.5k shares |
| Balyasny Asset Management L.P. | Reduced | $27.4m130.0k shares |
| SIMPLEX TRADING, LLC | Added | $23.6m111.8k shares |
| BlackRock Inc. | Unchanged | $17.5m82.9k shares |
| Walleye Trading LLC | Added | $15.0m71.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $14.2m67.5k shares |
| GROUP ONE TRADING LLC | Reduced | $11.3m53.6k shares |
| Point72 Asset Management, L.P. | New | $10.5m50.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $71.9m341.1k shares |
| CITADEL ADVISORS LLC | Added | $59.6m282.8k shares |
| JANE STREET GROUP, LLC | Reduced | $28.7m135.9k shares |
| SIMPLEX TRADING, LLC | Added | $19.8m93.7k shares |
| Walleye Trading LLC | Added | $19.7m93.3k shares |
| CITIGROUP INC | Added | $14.0m66.4k shares |
| GROUP ONE TRADING LLC | Reduced | $10.7m50.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $8.7m41.3k shares |
| Cubist Systematic Strategies, LLC | Reduced | $7.2m34.1k shares |
| IMC-Chicago, LLC | Reduced | $4.7m22.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.9% |
| FMR LLC 13G · institution new · filed 2026-08-06 | 5.7% |
| BlackRock, Inc. 13G · institution -1.3 pts · filed 2026-01-21 | 5.7% |
| Capital International Investors 13G · institution -1.3 pts · filed 2026-05-14 | 5.5% |
Fell to 5% or below in the last year: Gund G Zachary (2.6%, 2026-08-12), Capital World Investors (5.0%, 2026-08-12), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $5.6m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 2 | $2.3m | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 3 | $2.5m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-11-02 | HOGAN JOSEPH M President and CEO, director | Bought | $2.0m10.6k shares |
| 2022-11-02 | Myong Anne Director | Bought | $285.4k1.5k shares |
| 2022-11-02 | Thaler Warren S Director | Bought | $200.8k1.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 8.3m $1.8bn | Added +116.4k |
| BlackRock Inc. 0.04% of their portfolio | 5.5m $1.2bn | Reduced -33.7k |
| EDGEWOOD MANAGEMENT LLC 2.56% of their portfolio | 3.4m $719.0m | Reduced -466.3k |
| STATE STREET CORP 0.04% of their portfolio | 3.0m $643.2m | Added +33.6k |
| SANDS CAPITAL MANAGEMENT, LLC 2.12% of their portfolio | 2.7m $561.2m | Added +345.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 2.1m $451.9m | Reduced -360.9k |
| Capital World Investors 0.10% of their portfolio | 2.1m $448.2m | Added +1.0m |
| POLEN CAPITAL MANAGEMENT LLC 1.03% of their portfolio | 1.7m $353.1m | Reduced -314.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 1.6m $344.5m | Reduced -213.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 1.5m $326.2m | Added +37.0k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 1.2m $246.2m | Added +223.7k |
| BROWN ADVISORY INC 0.45% of their portfolio | 1.1m $241.6m | Added +213.8k |
| ALLIANCEBERNSTEIN L.P. 0.10% of their portfolio | 1.1m $230.0m | Reduced -521.0k |
| MORGAN STANLEY 0.03% of their portfolio | 1.1m $224.5m | Added +131.0k |
| Bares Capital Management, Inc. 7.51% of their portfolio | 935.2k $197.2m | Added +21.9k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 913.9k $192.8m | Added +80.4k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 813.6k $171.6m | Added +2.2k |
| Invesco Ltd. 0.05% of their portfolio | 796.8k $168.0m | Reduced -108.7k |
| NORGES BANK 0.04% of their portfolio | 714.5k $150.7m | Added +36.2k |
| Harding Loevner LP 0.71% of their portfolio | 580.1k $122.4m | Added +60.6k |
| Allianz Asset Management GmbH 0.27% of their portfolio | 577.3k $121.8m | Added +54.1k |
| Fisher Asset Management, LLC 0.08% of their portfolio | 571.7k $120.6m | Reduced -156 |
| Champlain Investment Partners, LLC 0.73% of their portfolio | 539.0k $113.7m | Reduced -5.3k |
| Thrivent Financial for Lutherans 0.29% of their portfolio | 534.3k $112.7m | Added +243.6k |
| DISCIPLINED GROWTH INVESTORS INC /MN 2.76% of their portfolio | 511.4k $107.9m | Reduced -1.3k |
| Legal & General Group Plc 0.04% of their portfolio | 490.3k $103.4m | Reduced -17.1k |
| PARNASSUS INVESTMENTS, LLC 0.24% of their portfolio | 466.3k $98.3m | Added +421.6k |
| CREDIT SUISSE AG/ 0.11% of their portfolio | 464.8k $98.0m | Reduced -1.8k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 442.5k $93.3m | Added +137.2k |
| Amundi 0.06% of their portfolio | 433.8k $101.6m | Added +76.7k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.44% of their portfolio | 427.8k $90.2m | Added +857 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.50% of their portfolio | 423.9k $89.4m | Reduced -74.7k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 402.5k $84.9m | Added +287.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 397.7k $83.9m | Added +18.9k |
| FEDERATED HERMES, INC. 0.22% of their portfolio | 376.4k $79.4m | Reduced -38.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 376.3k $79.4m | Reduced -1.6k |
| Camber Capital Management LP 2.77% of their portfolio | 375.0k $79.1m | Added +175.0k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 374.6k $79.0m | Reduced -2.2m |
| COMGEST GLOBAL INVESTORS S.A.S. 1.64% of their portfolio | 353.2k $74.5m | Reduced -12.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 339.5k $71.6m | Reduced -178.5k |
| Artisan Partners Limited Partnership 0.12% of their portfolio | 331.9k $70.0m | Reduced -89.2k |
| Navera Investment Management Ltd. 2.15% of their portfolio | 329.0k $69.4m | Added +37.3k |
| Rock Springs Capital Management LP 1.53% of their portfolio | 302.4k $63.8m | Reduced -41.6k |
| Swiss National Bank 0.05% of their portfolio | 301.5k $63.6m | Reduced -22.6k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 284.6k $60.0m | Added +29.8k |
| TCW GROUP INC 0.83% of their portfolio | 273.7k $57.7m | Reduced -14.2k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 253.2k $53.4m | Reduced -43.3k |
| RIVERBRIDGE PARTNERS LLC 0.79% of their portfolio | 250.7k $52.9m | Reduced -18.3k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.62% of their portfolio | 239.0k $50.4m | Added +5.5k |
| Baird Financial Group, Inc. 0.13% of their portfolio | 236.6k $49.9m | Reduced -844 |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 235.8k $49.6m | Added +42.3k |
| Railway Pension Investments Ltd 0.48% of their portfolio | 225.3k $47.5m | Added +31.7k |
| BRAIDWELL LP 1.55% of their portfolio | 219.9k $46.4m | First filing |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 219.9k $46.4m | Reduced -5.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 215.1k $45.4m | Reduced -4.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 214.7k $45.3m | Reduced -9.9k |
| Epoch Investment Partners, Inc. 0.26% of their portfolio | 205.8k $43.4m | Added +50.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 202.2k $42.6m | Reduced -400.0k |
| BLAIR WILLIAM & CO/IL 0.18% of their portfolio | 199.9k $42.2m | Added +6.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 197.1k $41.6m | Added +5.7k |
| BESSEMER GROUP INC 0.10% of their portfolio | 196.2k $41.4m | Added +1.4k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 194.3k $40.9m | Added +123.7k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 193.4k $40.8m | Reduced -35.9k |
| D. E. Shaw & Co., Inc. 0.07% of their portfolio | 190.8k $40.2m | Added +157.5k |
| SEI INVESTMENTS CO 0.08% of their portfolio | 180.1k $38.0m | Reduced -1.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 179.6k $37.9m | New |
| TD Asset Management Inc 0.04% of their portfolio | 169.8k $35.8m | Added +22.5k |
| ArrowMark Colorado Holdings LLC 0.42% of their portfolio | 167.6k $35.3m | New |
| SCOUT INVESTMENTS, INC. 0.71% of their portfolio | 164.6k $34.7m | Added +125.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 160.2k $33.8m | Reduced -13.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.08% of their portfolio | 153.9k $32.5m | Added +79.9k |
| Provident Investment Management, Inc. 3.83% of their portfolio | 153.1k $32.3m | Added +36.5k |
| BARCLAYS PLC 0.03% of their portfolio | 150.6k $31.8m | First filing |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.35% of their portfolio | 150.3k $31.7m | Added +45.4k |
| FMR LLC 0.00% of their portfolio | 148.9k $31.4m | Added +38.5k |
| California Public Employees Retirement System 0.03% of their portfolio | 148.3k $31.3m | Reduced -11.0k |
| Marathon Asset Management Ltd 0.83% of their portfolio | 146.9k $31.0m | Added +23.2k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 140.5k $29.6m | Added +5.5k |
| National Pension Service 0.05% of their portfolio | 129.8k $27.4m | Added +15.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 126.5k $26.7m | Added +1.5k |
| Bridgewater Associates, LP 0.14% of their portfolio | 124.9k $26.3m | Reduced -36.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 116.8k $24.8m | Added +18.4k |
| Qube Research & Technologies Ltd 0.15% of their portfolio | 116.6k $24.6m | Added +36.4k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 114.6k $24.3m | Added +20.3k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 110.8k $23.4m | Reduced -2.2k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 101.3k $21.3m | Added +35.6k |
| UBS Group AG 0.01% of their portfolio | 98.1k $20.7m | Added +53.8k |
| CIBC Private Wealth Group LLC 0.06% of their portfolio | 97.5k $19.0m | Reduced -4.1k |
| Employees Provident Fund Board 0.59% of their portfolio | 96.9k $20.4m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 94.2k $19.9m | Added +280 |
| US BANCORP \DE\ 0.03% of their portfolio | 93.7k $19.8m | Reduced -1.8k |
| BANQUE PICTET & CIE SA 0.20% of their portfolio | 92.7k $19.6m | Added +13.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 89.6k $18.9m | Reduced -1.7k |
| Assenagon Asset Management S.A. 0.08% of their portfolio | 88.8k $18.7m | Added +68.6k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.43% of their portfolio | 88.4k $18.6m | Added +43.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 87.8k $18.5m | Added +1.4k |
| COUNTRY TRUST BANK 0.55% of their portfolio | 87.3k $18.4m | Reduced -785 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 87.1k $18.4m | Added +2.1k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 87.0k $18.3m | Added +51.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 85.3k $18.0m | Added +8.0k |