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Air T
AIRT

23 hedge funds and large institutions have $12.7M invested in Air T in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less funds holding

Funds holding: 2423 (-1)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

38% less capital invested

Capital invested by funds: $20.6M → $12.7M (-$7.89M)

86% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 7

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
23
Holders Change
-1
Holders Change %
-4.17%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
1
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$4.66M
Renaissance Technologies
2
Renaissance Technologies
New York
$3.09M -$23K -1,650 -0.7%
California Public Employees Retirement System
3
California Public Employees Retirement System
California
$1.27M
BCCM
4
Blue Clay Capital Management
Minnesota
$1.04M
Wells Fargo
5
Wells Fargo
California
$745K +$779K +55,800 +2,790,000%
Vanguard Group
6
Vanguard Group
Pennsylvania
$648K
LSV Asset Management
7
LSV Asset Management
Illinois
$636K
NFA
8
Nationwide Fund Advisors
Ohio
$200K -$62.8K -4,500 -23%
BIT
9
BlackRock Institutional Trust
California
$168K
Morgan Stanley
10
Morgan Stanley
New York
$93K
BlackRock
11
BlackRock
New York
$40K
CFA
12
CT Financial Advisors
Pennsylvania
$28.1K -$2.51K -180 -8%
PAM
13
Panagora Asset Management
Massachusetts
$14K +$14.9K +1,071 New
Creative Planning
14
Creative Planning
Kansas
$10K
Deutsche Bank
15
Deutsche Bank
Germany
$6K +$6.49K +465 New
BFA
16
BlackRock Fund Advisors
California
$5K
JIR
17
James Investment Research
Ohio
$5K
BIM
18
BlackRock Investment Management
Delaware
$3K -$1.59K -114 -32%
Federated Hermes
19
Federated Hermes
Pennsylvania
$3K -$251 -18 -7%
TRCT
20
Tower Research Capital (TRC)
New York
$2K -$3.6K -258 -59%
Bank of America
21
Bank of America
North Carolina
$2K +$1.58K +113 New
UBS Group
22
UBS Group
Switzerland
$1K -$19K -1,365 -94%
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1K
BCC
24
Biglari Capital Corp
Texas
-$7.09M -494,607 Closed
BCM
25
Bridgeway Capital Management
Texas
-$472K -32,945 Closed

AIRT Hedge Fund Activity: Q3 2016 in Review

23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Air T (AIRT) for Q3 2016, worth a combined $12.7M — down 38% from $20.6M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of AIRT and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 1 added.

The largest buyer was Wells Fargo, adding an estimated $779K. The largest seller was Biglari Capital Corp, exiting entirely with an estimated $7.09M sold.

  • 23 institutional investors held Air T (AIRT) as of Q3 2016, down from 24 in Q2 2016.
  • Funds reported $12.7M of Air T stock for Q3 2016, down 38% quarter-over-quarter.
  • 3 funds opened new Air T positions in Q3 2016 and 4 closed out, a net change of -1 holder.
  • The largest Air T buyer in Q3 2016 was Wells Fargo, an estimated $779K added.
  • The largest Air T seller in Q3 2016 was Biglari Capital Corp, an estimated $7.09M sold.

Based on aggregated 13F filings for Q3 2016.