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 ($41.5m this quarter). Holder counts are more reliable. Shares outstanding: 74.7m as of 2024-07-26, 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 ≈ $241.51. Options: 27 managers hold calls ($258.2m notional), 26 hold puts ($378.2m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 732 |
| Q4 2022 | 712 |
| Q1 2023 | 771 |
| Q2 2023 | 773 |
| Q3 2023 | 809 |
| Q4 2023 | 790 |
| Q1 2024 | 819 |
| Q2 2024 | 770 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 316 | 380 |
| Q1 2023 | 405 | 336 |
| Q2 2023 | 320 | 399 |
| Q3 2023 | 386 | 351 |
| Q4 2023 | 340 | 417 |
| Q1 2024 | 405 | 353 |
| Q2 2024 | 332 | 436 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $512.6m | $483.9m | 0.94 |
| Q4 2023 | $584.0m | $645.2m | 1.10 |
| Q1 2024 | $385.3m | $676.7m | 1.76 |
| Q2 2024 | $258.2m | $378.2m | 1.46 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | New | +1.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +755.7k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Added | +477.4k |
| FMR LLC | Added | +427.2k |
| BlackRock Inc. | Added | +292.2k |
| CITADEL ADVISORS LLC | Added | +237.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +192.6k |
| Point72 Asset Management, L.P. | Added | +192.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +191.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +168.4k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.7m |
| MORGAN STANLEY | Reduced | -2.0m |
| POLEN CAPITAL MANAGEMENT LLC | Reduced | -1.2m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -862.4k |
| Holocene Advisors, LP | Sold out | -430.7k |
| Thrivent Financial for Lutherans | Reduced | -292.8k |
| Baird Financial Group, Inc. | Reduced | -245.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -220.4k |
| AMERIPRISE FINANCIAL INC | Reduced | -211.0k |
| Avidity Partners Management LP | Sold out | -189.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $47.9m198.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $45.8m189.6k shares |
| IMC-Chicago, LLC | Added | $35.7m148.0k shares |
| Twin Tree Management, LP | Added | $27.0m111.9k shares |
| JPMORGAN CHASE & CO | Added | $15.1m62.4k shares |
| JANE STREET GROUP, LLC | Reduced | $13.9m57.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.1m50.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $10.6m44.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $8.8m36.4k shares |
| Cubist Systematic Strategies, LLC | Reduced | $6.1m25.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $85.6m354.7k shares |
| CITADEL ADVISORS LLC | Reduced | $55.6m230.1k shares |
| JANE STREET GROUP, LLC | Reduced | $45.3m187.7k shares |
| IMC-Chicago, LLC | Added | $38.9m161.1k shares |
| Twin Tree Management, LP | Reduced | $26.1m108.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $20.3m84.2k shares |
| Walleye Trading LLC | Unchanged | $14.9m61.7k shares |
| WOLVERINE TRADING, LLC | Added | $14.4m59.8k shares |
| JPMORGAN CHASE & CO | Reduced | $12.2m50.6k shares |
| D. E. Shaw & Co., Inc. | Added | $10.2m42.3k 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 Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 3 | $2.5m | 0 | — | — |
| Q1 2023 | 2 | $1.2m | 0 | — | — |
| Q2 2023 | 1 | $2.0m | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $2.0m | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $8.4m | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 8.5m $2.0bn | Added +97.6k |
| BlackRock Inc. 0.04% of their portfolio | 8.0m $1.9bn | Added +292.2k |
| STATE STREET CORP 0.03% of their portfolio | 3.1m $749.9m | Added +52.4k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.9m $459.2m | Reduced -2.7m |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 1.8m $426.8m | Added +755.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 1.7m $416.4m | Added +8.9k |
| SANDS CAPITAL MANAGEMENT, LLC 0.93% of their portfolio | 1.3m $316.6m | Reduced -44.9k |
| Capital World Investors 0.05% of their portfolio | 1.3m $303.7m | Added +616 |
| BROWN ADVISORY INC 0.37% of their portfolio | 1.2m $283.3m | Reduced -54.9k |
| Nuveen Asset Management, LLC 0.08% of their portfolio | 1.2m $283.3m | Reduced -35.2k |
| Bank of New York Mellon Corp 0.05% of their portfolio | 1.1m $277.2m | Added +15.5k |
| Ninety One UK Ltd 0.76% of their portfolio | 1.1m $277.0m | Added +10.9k |
| T. Rowe Price Investment Management, Inc. 0.17% of their portfolio | 1.1m $274.7m | New |
| MORGAN STANLEY 0.02% of their portfolio | 986.7k $238.2m | Reduced -2.0m |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 920.0k $222.1m | Reduced -862.4k |
| NORGES BANK 0.03% of their portfolio | 892.6k $215.5m | Added +29.6k |
| FMR LLC 0.01% of their portfolio | 854.3k $206.3m | Added +427.2k |
| Invesco Ltd. 0.04% of their portfolio | 834.8k $201.6m | Added +101.1k |
| CITADEL ADVISORS LLC 0.20% of their portfolio | 834.5k $201.5m | Added +237.5k |
| Bares Capital Management, Inc. 8.95% of their portfolio | 771.2k $186.2m | Reduced -48.7k |
| DISCIPLINED GROWTH INVESTORS INC /MN 3.22% of their portfolio | 707.5k $170.8m | Added +3.6k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 699.1k $168.8m | Reduced -62.4k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 629.9k $152.1m | Added +85.7k |
| MACQUARIE GROUP LTD 0.17% of their portfolio | 598.0k $144.4m | Added +91.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 574.3k $138.7m | Added +191.3k |
| Champlain Investment Partners, LLC 0.81% of their portfolio | 547.5k $132.2m | Reduced -3.9k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.29% of their portfolio | 488.3k $117.9m | Added +477.4k |
| Navera Investment Management Ltd. 2.14% of their portfolio | 472.9k $114.2m | Added +78.9k |
| Allianz Asset Management GmbH 0.18% of their portfolio | 470.0k $113.5m | Reduced -145.4k |
| Alyeska Investment Group, L.P. 0.64% of their portfolio | 458.1k $110.6m | Added +129.1k |
| Legal & General Group Plc 0.03% of their portfolio | 445.8k $107.6m | Reduced -3.2k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 443.7k $107.1m | Reduced -89.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 437.1k $105.5m | Reduced -2.0k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.42% of their portfolio | 427.3k $103.2m | Added +29 |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 416.2k $100.5m | Reduced -58.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.41% of their portfolio | 411.4k $99.3m | Added +192.6k |
| PARNASSUS INVESTMENTS, LLC 0.21% of their portfolio | 396.6k $95.8m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 387.1k $93.5m | Reduced -16.2k |
| Railway Pension Investments Ltd 1.06% of their portfolio | 367.9k $88.8m | Unchanged |
| Point72 Asset Management, L.P. 0.27% of their portfolio | 343.5k $82.9m | Added +192.5k |
| Amundi 0.03% of their portfolio | 313.6k $76.3m | Reduced -144 |
| Thrivent Financial for Lutherans 0.15% of their portfolio | 313.5k $75.7m | Reduced -292.8k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 305.9k $73.8m | Added +65.7k |
| EAGLE ASSET MANAGEMENT INC 0.39% of their portfolio | 304.6k $72.7m | Added +40.9k |
| Swedbank AB 0.10% of their portfolio | 299.1k $72.2m | Added +6.0k |
| RIVERBRIDGE PARTNERS LLC 0.92% of their portfolio | 279.6k $67.5m | Reduced -12.1k |
| BRAIDWELL LP 2.08% of their portfolio | 275.2k $66.4m | Added +106.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 264.5k $63.9m | Added +31.9k |
| Senvest Management, LLC 2.42% of their portfolio | 260.4k $62.9m | Added +162.2k |
| BLAIR WILLIAM & CO/IL 0.17% of their portfolio | 234.6k $56.6m | Reduced -2.2k |
| Employees Provident Fund Board 0.90% of their portfolio | 233.6k $56.4m | Added +2.0k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.51% of their portfolio | 224.6k $55.6m | Reduced -10.2k |
| Sofinnova Investments, Inc. 3.32% of their portfolio | 218.5k $52.8m | Added +123.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.06% of their portfolio | 216.9k $52.6m | Added +56.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 216.8k $52.3m | Reduced -220.4k |
| Swiss National Bank 0.04% of their portfolio | 211.7k $51.1m | Reduced -6.2k |
| Resona Asset Management Co.,Ltd. 0.30% of their portfolio | 202.9k $49.1m | Added +45.7k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.23% of their portfolio | 191.3k $46.2m | Reduced -4.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 175.4k $42.3m | Reduced -211.0k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 172.5k $41.7m | Added +47.5k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 168.9k $40.8m | Reduced -113.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 168.4k $40.6m | New |
| Cerity Partners LLC 0.11% of their portfolio | 167.4k $40.4m | Reduced -2.3k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 164.8k $39.8m | Reduced -1.1k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 164.6k $39.8m | Added +26.3k |
| CIBC Private Wealth Group LLC 0.08% of their portfolio | 163.5k $40.7m | Reduced -5.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 163.4k $39.5m | Reduced -10.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 162.6k $39.3m | Reduced -72.7k |
| UBS Group AG 0.01% of their portfolio | 161.3k $39.0m | Added +40.7k |
| DAVENPORT & Co LLC 0.24% of their portfolio | 157.5k $38.2m | Added +40.5k |
| Provident Investment Management, Inc. 3.42% of their portfolio | 155.5k $37.5m | Added +3.5k |
| Marathon Asset Management Ltd 1.15% of their portfolio | 152.1k $36.7m | Added +26.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 146.7k $35.4m | Reduced -31.5k |
| FEDERATED HERMES, INC. 0.08% of their portfolio | 146.1k $35.3m | Added +40.4k |
| BARCLAYS PLC 0.02% of their portfolio | 145.5k $35.1m | Reduced -128.5k |
| Bellevue Group AG 0.56% of their portfolio | 144.0k $34.8m | Reduced -10.9k |
| FACTORY MUTUAL INSURANCE CO 0.39% of their portfolio | 140.4k $33.9m | Unchanged |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 140.0k $33.8m | Reduced -5.1k |
| BESSEMER GROUP INC 0.06% of their portfolio | 136.0k $32.8m | Reduced -499 |
| ARGENT CAPITAL MANAGEMENT LLC 0.96% of their portfolio | 134.9k $32.6m | Reduced -1.7k |
| California Public Employees Retirement System 0.02% of their portfolio | 133.1k $32.1m | Reduced -2.8k |
| National Pension Service 0.04% of their portfolio | 130.7k $31.5m | Added +9.3k |
| Rock Springs Capital Management LP 0.93% of their portfolio | 127.5k $30.8m | Reduced -92.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.30% of their portfolio | 123.5k $29.8m | Reduced -4.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 117.2k $28.3m | Reduced -66.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 116.4k $28.1m | Reduced -2.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 114.5k $27.6m | Added +81.9k |
| ArrowMark Colorado Holdings LLC 0.33% of their portfolio | 113.1k $27.3m | Reduced -1.5k |
| TD Asset Management Inc 0.03% of their portfolio | 112.0k $27.0m | Added +87.0k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 110.5k $26.7m | Added +70.3k |
| Ninety One North America, Inc. 1.31% of their portfolio | 107.7k $26.0m | Reduced -13.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 106.8k $25.8m | Added +5.6k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 103.1k $24.9m | Added +6 |
| Bridgewater Associates, LP 0.13% of their portfolio | 103.0k $24.9m | Added +31.2k |
| Squarepoint Ops LLC 0.09% of their portfolio | 100.1k $24.2m | Added +98.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 98.4k $23.8m | Reduced -3.1k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 98.4k $23.7m | Added +82.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 97.3k $23.5m | Added +10.7k |
| COUNTRY TRUST BANK 0.58% of their portfolio | 95.9k $23.2m | Added +22.7k |
| US BANCORP \DE\ 0.03% of their portfolio | 92.5k $22.3m | Reduced -1.5k |