Allegiant Air
ALGT
213 hedge funds and large institutions have $2.65B invested in Allegiant Air in 2020 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 68 increasing their positions, 66 reducing their positions, and 33 closing their positions.
59% more capital invested
Capital invested by funds: $1.66B → $2.65B (+$987M)
45% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 33
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more funds holding
Funds holding: 198 → 213 (+15)
3% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 66
0.97% less ownership
Funds ownership: 86.4% → 85.42% (-0.97%)
5% less call options, than puts
Call options by funds: $13.8M | Put options by funds: $14.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$27.9M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$22.2M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$18.9M |
| 4 |
JP Morgan Chase
New York
|
+$18.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$68.9M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$43.3M |
| 3 |
Millennium Management
New York
|
-$14.5M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$10.8M |
| 5 |
Goldman Sachs
New York
|
-$7.73M |
ALGT Hedge Fund Activity: Q4 2020 in Review
213 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q4 2020, worth a combined $2.65B — up 59% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new ALGT positions and 33 closed out — a net gain of 15 holders — while 68 added to existing stakes and 66 trimmed.
The largest buyer was Macquarie Group, adding an estimated $27.9M. The largest seller was PAR Capital Management, cutting an estimated $68.9M.
- 213 institutional investors held Allegiant Air (ALGT) as of Q4 2020, up from 198 in Q3 2020.
- Funds reported $2.65B of Allegiant Air stock for Q4 2020, up 59% quarter-over-quarter.
- 48 funds opened new Allegiant Air positions in Q4 2020 and 33 closed out, a net change of +15 holders.
- The largest Allegiant Air buyer in Q4 2020 was Macquarie Group, an estimated $27.9M added.
- The largest Allegiant Air seller in Q4 2020 was PAR Capital Management, an estimated $68.9M sold.
Based on aggregated 13F filings for Q4 2020.