Allegiant Air
ALGT
211 hedge funds and large institutions have $1.3B invested in Allegiant Air in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 68 increasing their positions, 78 reducing their positions, and 47 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more capital invested
Capital invested by funds: $1.15B → $1.3B (+$149M)
4.35% more ownership
Funds ownership: 81.12% → 85.47% (+4.4%)
6% less funds holding
Funds holding: 224 → 211 (-13)
13% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 78
15% less call options, than puts
Call options by funds: $14.6M | Put options by funds: $17.3M
26% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.1M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$10.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.18M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$8.87M |
| 5 |
BlackRock
New York
|
+$8.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.31M |
| 3 |
ONPI
Owls Nest Partners IA
Chadds Ford,
Pennsylvania
|
-$5.57M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$4.46M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$4.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RTL
251
Red Tortoise LLC
Atlanta,
Georgia
| – | -$2.54K | -33 | Closed |
|
|
MA
252
Montag & Associates
Atlanta,
Georgia
| – | -$2.31K | -30 | Closed |
|
|
PPC
253
Park Place Capital
Homewood,
Alabama
| – | -$2.23K | -29 | Closed |
|
|
PFBT
254
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1.92K | -25 | Closed |
|
|
PTC
255
Private Trust Company
Cleveland,
Ohio
| – | -$1.77K | -23 | Closed |
|
256
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$1.69K | -22 | Closed |
|
|
BAAM
257
Baker Avenue Asset Management
San Francisco,
California
| – | -$922 | -12 | Closed |
|
|
AWM
258
Abound Wealth Management
Franklin,
Tennessee
| – | -$154 | -2 | Closed |
|
ALGT Hedge Fund Activity: Q4 2023 in Review
211 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q4 2023, worth a combined $1.3B — up 13% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of ALGT and 35 opened new positions — a net loss of 12 holders — while 78 trimmed existing stakes and 68 added.
The largest buyer was Morgan Stanley, adding an estimated $15.1M. The largest seller was Millennium Management, exiting entirely with an estimated $11.6M sold.
- 211 institutional investors held Allegiant Air (ALGT) as of Q4 2023, down from 224 in Q3 2023.
- Funds reported $1.3B of Allegiant Air stock for Q4 2023, up 13% quarter-over-quarter.
- 35 funds opened new Allegiant Air positions in Q4 2023 and 47 closed out, a net change of -12 holders.
- The largest Allegiant Air buyer in Q4 2023 was Morgan Stanley, an estimated $15.1M added.
- The largest Allegiant Air seller in Q4 2023 was Millennium Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2023.