Align Technology Shares Acquired by Rhenman & Partners Asset Management

Hedge fund increases stake in medical equipment provider by 24.8% in third quarter

Published on Mar. 8, 2026

Got story updates? Submit your updates here. ›

Rhenman & Partners Asset Management AB increased its holdings in shares of Align Technology, Inc. (NASDAQ:ALGN) by 24.8% in the third quarter, according to a recent SEC filing. The firm now owns 83,000 shares of the medical equipment provider's stock, worth approximately $10.4 million.

Why it matters

Align Technology is a leading provider of digital orthodontic and dental restorative solutions, best known for its Invisalign clear aligner system. The increase in Rhenman & Partners' stake suggests the hedge fund sees long-term growth potential in the company despite recent market volatility.

The details

According to the filing, Rhenman & Partners Asset Management AB purchased an additional 16,500 shares of Align Technology during the third quarter, bringing its total holdings to 83,000 shares. This represents a 24.8% increase in the firm's position. Align Technology's stock has seen significant fluctuations in 2026, trading between a 52-week high of $208.30 and a low of $122.00.

  • Rhenman & Partners Asset Management AB increased its Align Technology holdings in the third quarter of 2026.

The players

Rhenman & Partners Asset Management AB

A Swedish hedge fund that has increased its stake in Align Technology by 24.8%.

Align Technology, Inc.

A medical equipment provider best known for its Invisalign clear aligner system for orthodontic treatment.

Got photos? Submit your photos here. ›

The takeaway

The increase in Rhenman & Partners' stake in Align Technology suggests the hedge fund sees long-term growth potential in the company, despite recent market volatility. As a leading provider of digital orthodontic solutions, Align Technology's performance will be closely watched by investors in the coming quarters.