Allegiant Air
ALGT
212 hedge funds and large institutions have $2.39B invested in Allegiant Air in 2016 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 101 increasing their positions, 63 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
60% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 63
42% more call options, than puts
Call options by funds: $9.65M | Put options by funds: $6.79M
8% more capital invested
Capital invested by funds: $2.2B → $2.39B (+$184M)
3% less funds holding
Funds holding: 219 → 212 (-7)
21% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$18.2M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$11.4M |
| 3 |
Millennium Management
New York
|
+$10.9M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$9.36M |
| 5 |
Neuberger Berman Group
New York
|
+$8.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$23.9M |
| 2 |
GAM
Gotham Asset Management
New York
|
-$14.5M |
| 3 |
Bank of New York Mellon
New York
|
-$10.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$8.4M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$5.89M |
ALGT Hedge Fund Activity: Q1 2016 in Review
212 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q1 2016, worth a combined $2.39B — up 8.4% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of ALGT and 27 opened new positions — a net loss of 7 holders — while 63 trimmed existing stakes and 101 added.
The largest buyer was Bank of America, adding an estimated $18.2M. The largest seller was Select Equity Group, exiting entirely with an estimated $23.9M sold.
- 212 institutional investors held Allegiant Air (ALGT) as of Q1 2016, down from 219 in Q4 2015.
- Funds reported $2.39B of Allegiant Air stock for Q1 2016, up 8.4% quarter-over-quarter.
- 27 funds opened new Allegiant Air positions in Q1 2016 and 34 closed out, a net change of -7 holders.
- The largest Allegiant Air buyer in Q1 2016 was Bank of America, an estimated $18.2M added.
- The largest Allegiant Air seller in Q1 2016 was Select Equity Group, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2016.