Allegiant Air
ALGT
198 hedge funds and large institutions have $2.19B invested in Allegiant Air in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 74 increasing their positions, 60 reducing their positions, and 23 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 60
9% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 23
0.11% more ownership
Funds ownership: 82.04% → 82.15% (+0.11%)
3% less capital invested
Capital invested by funds: $2.26B → $2.19B (-$71.4M)
2% less funds holding
Funds holding: 202 → 198 (-4)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
73% less call options, than puts
Call options by funds: $2.29M | Put options by funds: $8.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$260M |
| 2 |
Neuberger Berman Group
New York
|
+$15.2M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$12.3M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$11.8M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$22.8M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$9.19M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$8.73M |
| 4 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$7.6M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$7.48M |
ALGT Hedge Fund Activity: Q1 2017 in Review
198 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q1 2017, worth a combined $2.19B — down 3.2% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ALGT positions and 23 closed out — a net gain of 2 holders — while 74 added to existing stakes and 60 trimmed.
The largest buyer was BlackRock, adding an estimated $260M. The largest seller was Coatue Management, cutting an estimated $22.8M.
- 198 institutional investors held Allegiant Air (ALGT) as of Q1 2017, down from 202 in Q4 2016.
- Funds reported $2.19B of Allegiant Air stock for Q1 2017, down 3.2% quarter-over-quarter.
- 25 funds opened new Allegiant Air positions in Q1 2017 and 23 closed out, a net change of +2 holders.
- The largest Allegiant Air buyer in Q1 2017 was BlackRock, an estimated $260M added.
- The largest Allegiant Air seller in Q1 2017 was Coatue Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q1 2017.