Cliff Asness's ALGN Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.2 M shares of Align Technology, Inc. (ALGN) worth $186.82 M, representing 0.10% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in ALGN, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 474,756 shares. Largest reduction occurred in Q4 2018, reducing 414,366 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Align Technology (ALGN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Align Technology (ALGN) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +474,756 | Add 65.79% | 1.2 M | $156.15 |
| Q3 2025 | +189,527 | Add 35.62% | 721,672 | $125.11 |
| Q2 2025 | +127,835 | Add 31.62% | 532,145 | $189.32 |
| Q1 2025 | +206,308 | Add 104.19% | 404,310 | $156.15 |
| Q4 2024 | -98,740 | Reduce 33.27% | 198,002 | $207.72 |
| Q3 2024 | +124,219 | Add 72.00% | 296,742 | $253.92 |
| Q2 2024 | +47,475 | Add 37.97% | 172,523 | $241.43 |
| Q1 2024 | -73,676 | Reduce 37.07% | 125,048 | $327.11 |
| Q4 2023 | +113,621 | Add 133.51% | 198,724 | $274.00 |
| Q3 2023 | -12,277 | Reduce 12.61% | 85,103 | $305.32 |
| Q2 2023 | +13,453 | Add 16.03% | 97,380 | $349.48 |
| Q1 2023 | -110,419 | Reduce 56.82% | 83,927 | $320.61 |
| Q4 2022 | +123,671 | Add 174.99% | 194,346 | $210.21 |
| Q3 2022 | -77,096 | Reduce 52.17% | 70,675 | $207.10 |
| Q2 2022 | +68,522 | Add 86.46% | 147,771 | $233.63 |
| Q1 2022 | +3,476 | Add 4.59% | 79,249 | $436.01 |
| Q4 2021 | -9,401 | Reduce 11.04% | 75,773 | $657.19 |
| Q3 2021 | +23,296 | Add 37.65% | 85,174 | $665.43 |
| Q2 2021 | -20,283 | Reduce 24.69% | 61,878 | $610.49 |
| Q1 2021 | -538 | Reduce 0.65% | 82,161 | $534.52 |
| Q4 2020 | -25,007 | Reduce 23.22% | 82,699 | $524.71 |
| Q3 2020 | -18,405 | Reduce 14.59% | 107,706 | $326.92 |
| Q2 2020 | -31,275 | Reduce 19.87% | 126,111 | $266.93 |
| Q1 2020 | -66,803 | Reduce 29.80% | 157,386 | $173.95 |
| Q4 2019 | -82,920 | Reduce 27.00% | 224,189 | $278.04 |
| Q3 2019 | +88,167 | Add 40.27% | 307,109 | $180.92 |
| Q2 2019 | +61,100 | Add 38.71% | 218,942 | $273.70 |
| Q1 2019 | -33,018 | Reduce 17.30% | 157,842 | $284.33 |
| Q4 2018 | -414,366 | Reduce 68.46% | 190,860 | $209.43 |
| Q3 2018 | -48,913 | Reduce 7.48% | 605,226 | $391.22 |
| Q2 2018 | +236,772 | Add 56.73% | 654,139 | $342.14 |
| Q1 2018 | +286,472 | Add 218.86% | 417,367 | $251.13 |
| Q4 2017 | +46,560 | Add 55.21% | 130,895 | $222.19 |
| Q3 2017 | -5,455 | Reduce 6.08% | 84,335 | $186.27 |
| Q2 2017 | -4,925 | Reduce 5.20% | 89,790 | $150.12 |
| Q1 2017 | +25,422 | Add 36.69% | 94,715 | $114.71 |
| Q4 2016 | -39,191 | Reduce 36.13% | 69,293 | $96.13 |
| Q3 2016 | +39,696 | Add 57.71% | 108,484 | $93.75 |
| Q2 2016 | +7,446 | Add 12.14% | 68,788 | $80.55 |
| Q1 2016 | +614 | Add 1.01% | 61,342 | $72.69 |
| Q4 2015 | +16,892 | Add 38.53% | 60,728 | $65.85 |
| Q3 2015 | +30,438 | Add 227.18% | 43,836 | $56.76 |
| Q2 2015 | -1,443 | Reduce 9.72% | 13,398 | $62.70 |
| Q1 2015 | -3,800 | Reduce 20.39% | 14,841 | $53.77 |
| Q4 2014 | +636 | Add 3.53% | 18,641 | $55.90 |
| Q3 2014 | -76,000 | Reduce 80.85% | 18,005 | $51.65 |
| Q2 2014 | +59,300 | Add 170.87% | 94,005 | $56.04 |
| Q1 2014 | +6,300 | Add 22.18% | 34,705 | $51.78 |
| Q4 2013 | +8,500 | Add 42.70% | 28,405 | $57.14 |
| Q3 2013 | +6,700 | Add 50.74% | 19,905 | $48.13 |
| Q2 2013 | +13,205 | Add 0.00% | 13,205 | $37.03 |
| Q4 2012 | +13,205 | Add 0.00% | 13,205 | $27.72 |
Cliff Asness's Align Technology Investment FAQs
Cliff Asness first purchased Align Technology, Inc. (ALGN) in Q4 2012, acquiring 13,205 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Align Technology, Inc. (ALGN) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Align Technology, Inc. (ALGN) was in Q4 2025, adding 1,196,428 shares worth $186.82 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,196,428 shares of Align Technology, Inc. (ALGN), valued at approximately $186.82 M.
As of the Q4 2025 filing, Align Technology, Inc. (ALGN) represents approximately 0.10% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Align Technology, Inc. (ALGN) was 1,196,428 shares, as reported at the end of Q4 2025.