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Institutional Ownership · SEC Form 13F

Who owns ALH (ALH)


Which tracked institutional funds hold ALH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ALH company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

147
Institutional holders
195,785,927
Shares held (tracked funds)
99.1%
Of shares outstanding

How the tape is positioned

50 tracked funds added or opened ALH while 34 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

ALH’s largest tracked holder by dollar value, BDT CAPITAL PARTNERS, LLC, sizes it at 83.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 83.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in ALH divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 147 tracked filers holding ALH, 104 increased or opened the position and 62 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in ALH between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 16

  • VANGUARD PORTFOLIO MANAGEMENT LLC$36M
  • VANGUARD CAPITAL MANAGEMENT LLC$36M
  • JONES FINANCIAL COMPANIES LLLP$8M
  • VANGUARD FIDUCIARY TRUST CO$5M
  • Channing Capital Management, LLC$3M
  • Quantbot Technologies LP$2M

Full exits 17

  • VANGUARD GROUP INC$71M
  • NORGES BANK$56M
  • Capital World Investors$30M
  • Lighthouse Investment Partners, LLC$8M
  • TEACHER RETIREMENT SYSTEM OF TEXAS$6M
  • D. E. Shaw & Co., Inc.$6M

Largest adds

  • BDT CAPITAL PARTNERS, LLC$55M
  • Capital International Investors$50M
  • T. Rowe Price Investment Management, Inc.$32M
  • WELLINGTON MANAGEMENT GROUP LLP$31M
  • KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$30M
  • FRANKLIN RESOURCES INC$12M

Largest trims

  • BlackRock, Inc.$47M
  • BANK OF AMERICA CORP /DE/$34M
  • ALLIANCEBERNSTEIN L.P.$30M
  • Driehaus Capital Management LLC$28M
  • ADAGE CAPITAL PARTNERS GP, L.L.C.$23M
  • CITADEL ADVISORS LLC$21M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BDT CAPITAL PARTNERS, LLC140,751,696$2.9B68.7%2026-Q1
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC added9,456,854$196M4.6%2026-Q1
Capital International Investors added7,302,367$151M3.6%2026-Q1
BlackRock, Inc. trimmed3,086,359$64M1.5%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added2,948,247$61M1.4%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND2,045,200$42M1.0%2026-Q1
T. Rowe Price Investment Management, Inc. added2,023,841$42M1.0%2026-Q1
JPMORGAN CHASE & CO added1,861,537$36M0.9%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new1,738,080$36M0.8%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,721,962$36M0.8%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed1,330,793$28M0.6%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed1,223,775$25M0.6%2026-Q1
Zimmer Partners, LP added1,145,003$24M0.6%2026-Q1
FRANKLIN RESOURCES INC added1,062,746$22M0.5%2026-Q1
GOLDMAN SACHS GROUP INC added1,014,941$21M0.5%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added949,127$20M0.5%2026-Q1
STATE STREET CORP added925,241$19M0.5%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added908,060$19M0.4%2026-Q1
CITADEL ADVISORS LLC trimmed855,452$18M0.4%2026-Q1
Driehaus Capital Management LLC trimmed820,911$17M0.4%2026-Q1
Alyeska Investment Group, L.P. added750,000$16M0.4%2026-Q1
WELLS FARGO & COMPANY/MN added658,655$14M0.3%2026-Q1
Ghisallo Capital Management LLC600,000$12M0.3%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed578,764$12M0.3%2026-Q1
AMERICAN CENTURY COMPANIES INC added575,578$12M0.3%2026-Q1
Select Equity Group, L.P. added566,185$12M0.3%2026-Q1
UBS Group AG trimmed502,839$10M0.2%2026-Q1
Alberta Investment Management Corp468,000$10M0.2%2026-Q1
Point72 Asset Management, L.P. trimmed465,934$10M0.2%2026-Q1
Burkehill Global Management, LP450,000$9M0.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed425,109$9M0.2%2026-Q1
NATIXIS ADVISORS, LLC added422,764$9M0.2%2026-Q1
JONES FINANCIAL COMPANIES LLLP new419,881$8M0.2%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed399,000$8M0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added347,577$7M0.2%2026-Q1
NORTHERN TRUST CORP added324,460$7M0.2%2026-Q1
SEVEN GRAND MANAGERS, LLC300,000$6M0.1%2026-Q1
SEI INVESTMENTS CO added266,884$6M0.1%2026-Q1
VANGUARD FIDUCIARY TRUST CO new254,773$5M0.1%2026-Q1
Longaeva Partners L.P. trimmed218,876$5M0.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added207,300$4M0.1%2026-Q1
Hudson Bay Capital Management LP added180,352$4M0.1%2026-Q1
Walleye Capital LLC trimmed157,697$3M0.1%2026-Q1
STATE OF WISCONSIN INVESTMENT BOARD added154,386$3M0.1%2026-Q1
DISCOVERY CAPITAL MANAGEMENT, LLC / CT150,000$3M0.1%2026-Q1
READYSTATE ASSET MANAGEMENT LP trimmed148,710$3M0.1%2026-Q1
Channing Capital Management, LLC new138,071$3M0.1%2026-Q1
LMR Partners LLP125,000$3M0.1%2026-Q1
Bank of New York Mellon Corp added124,622$3M0.1%2026-Q1
MORGAN STANLEY added118,913$2M0.1%2026-Q1
STIFEL FINANCIAL CORP added117,609$2M0.1%2026-Q1
Quantbot Technologies LP new106,460$2M0.1%2026-Q1
Swiss National Bank new97,600$2M0.0%2026-Q1
Chescapmanager LLC new96,714$2M0.0%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP new87,815$2M0.0%2026-Q1
Hound Partners, LLC85,000$2M0.0%2026-Q1
TUDOR INVESTMENT CORP ET AL new71,570$1M0.0%2026-Q1
Daiwa Securities Group Inc. trimmed64,832$1M0.0%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC new60,208$1M0.0%2026-Q1
DAVENPORT & Co LLC added56,355$1M0.0%2026-Q1
Nuveen, LLC added55,865$1M0.0%2026-Q1
RHUMBLINE ADVISERS added52,127$1M0.0%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added48,001$996K0.0%2026-Q1
DEUTSCHE BANK AG\ added45,434$942K0.0%2026-Q1
Verition Fund Management LLC trimmed44,600$925K0.0%2026-Q1
Corient Private Wealth LLC added44,482$923K0.0%2026-Q1
Swiss Life Asset Management Ltd new8,642$829K0.0%2026-Q1
BARCLAYS PLC trimmed39,862$827K0.0%2026-Q1
TD Asset Management Inc38,786$804K0.0%2026-Q1
Callan Family Office, LLC added34,610$718K0.0%2026-Q1
ROYAL BANK OF CANADA added34,337$713K0.0%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE added33,460$694K0.0%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new32,489$674K0.0%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added31,308$650K0.0%2026-Q1
Legal & General Group Plc added31,262$648K0.0%2026-Q1
XTX Topco Ltd trimmed31,140$646K0.0%2026-Q1
LPL Financial LLC added29,931$621K0.0%2026-Q1
Vestmark Advisory Solutions, Inc. trimmed29,585$614K0.0%2026-Q1
Woodline Partners LP trimmed27,562$572K0.0%2026-Q1
Avior Wealth Management, LLC new27,414$569K0.0%2026-Q1
Invesco Ltd. trimmed27,359$567K0.0%2026-Q1
MetLife Investment Management, LLC added25,859$536K0.0%2026-Q1
JANUS HENDERSON GROUP PLC new25,400$527K0.0%2026-Q1
VANGUARD GROUP INC new3,482,385$71M1.7%2025-Q4 stale
NORGES BANK new2,750,000$56M1.3%2025-Q4 stale
Capital World Investors new1,450,000$30M0.7%2025-Q4 stale
Lighthouse Investment Partners, LLC new400,000$8M0.2%2025-Q4 stale
TEACHER RETIREMENT SYSTEM OF TEXAS new300,000$6M0.1%2025-Q4 stale
D. E. Shaw & Co., Inc. new275,031$6M0.1%2025-Q4 stale
Balyasny Asset Management L.P. new206,700$4M0.1%2025-Q4 stale
Schonfeld Strategic Advisors LLC new197,508$4M0.1%2025-Q4 stale
Davidson Kempner Capital Management LP new180,000$4M0.1%2025-Q4 stale
Universal- Beteiligungs- und Servicegesellschaft mbH new157,697$3M0.1%2025-Q4 stale
ELEMENT CAPITAL MANAGEMENT LLC new125,000$3M0.1%2025-Q4 stale
BRANT POINT INVESTMENT MANAGEMENT LLC new118,344$2M0.1%2025-Q4 stale
Lykos Global Management, LP new110,000$2M0.1%2025-Q4 stale
Engineers Gate Manager LP new43,605$887K0.0%2025-Q4 stale
Sandia Investment Management LP new39,522$804K0.0%2025-Q4 stale
Fortress Investment Group LLC new32,703$666K0.0%2025-Q4 stale
Quadrature Capital Ltd new26,503$539K0.0%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership