Top 5 Stock Picks of Leon Shaulov’s Maplelane Capital

3. Align Technology, Inc. (NASDAQ:ALGN)

Maplelane Capital’s Stake Value: $10.980 million

Percentage of Maplelane Capital’s 13F Portfolio: 0.37%

Number of Hedge Fund Holders as of Q3 2021: 49

Maplelane Capital held 16,500 shares of Align Technology, Inc. (NASDAQ:ALGN) by the end of Q3 2021. The total value of this stake is over $10 million. The California-based manufacturer of orthodontics equipment is famous for producing its 3D digital scanners and Invisalign clear aligners.

Align Technology, Inc. (NASDAQ:ALGN)’s revenue grew by 39% year over year to over $1 billion during Q3 2021. It beat consensus by a $42 million margin while the Q3 EPS of $2.28 beat estimates by $0.02. This revenue jump was primarily due to the 32% increase in sales of its Invisalign product.

Among the 867 elite funds tracked by Insider Monkey, 49 hedge funds reported having stakes in Align Technology, Inc. (NASDAQ:ALGN) at the end of the third quarter worth over $2.2 billion.