Alvotech (ALVO) 13F Positioning & Ownership Changes (Q2 2026)

ALVO ranks #5284 out of 37696 tracked stocks by institutional interest, inside the more closely watched half of our coverage.

ALVO is a disclosed holding of Israel Englander (Millennium Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.0% of that fund's own 13F portfolio.

ALVO is a top-conviction position for Littlejohn & Co LLC — at 6.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in ALVO belongs to Rubric Capital Management LP, but the position matters far more to Littlejohn & Co LLC, who has 6.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Ulland Investment Advisors, LLC has added to its ALVO position for two straight quarters, increasing it by $331.0K to reach $667.0K today.

ALVO is down 5.8% today, but institutions show net buying of $95.5M this quarter — a divergence between today's price move and the underlying institutional flow.

ALVO closed its latest fiscal year with net income of $27.9M.

• Profitable — net income of $27.9M in the latest fiscal year
• Revenue grew 1.0% year over year
• Net income improved year over year, from -$231.9M to $27.9M
• Operating cash flow was negative, using $50.2M in cash
• Current ratio of 1.89x — enough short-term assets to cover short-term liabilities
• Total liabilities currently exceed total assets (negative shareholder equity)