Allegiant Air
ALGT
233 hedge funds and large institutions have $2.45B invested in Allegiant Air in 2022 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 97 increasing their positions, 75 reducing their positions, and 32 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 75
0.71% more ownership
Funds ownership: 85.38% → 86.09% (+0.71%)
3% less funds holding
Funds holding: 239 → 233 (-6)
13% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 32
15% less capital invested
Capital invested by funds: $2.88B → $2.45B (-$437M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
83% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $58.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
+$18.7M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$17.7M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$16.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$14.2M |
| 5 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$24.6M |
| 2 |
ONPI
Owls Nest Partners IA
Chadds Ford,
Pennsylvania
|
-$20.3M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$18.5M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$8.27M |
| 5 |
Goldman Sachs
New York
|
-$7.19M |
ALGT Hedge Fund Activity: Q1 2022 in Review
233 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q1 2022, worth a combined $2.45B — down 15% from $2.88B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of ALGT and 28 opened new positions — a net loss of 4 holders — while 75 trimmed existing stakes and 97 added.
The largest buyer was Schonfeld Strategic Advisors, opening a new position worth an estimated $18.7M. The largest seller was Millennium Management, cutting an estimated $24.6M.
- 233 institutional investors held Allegiant Air (ALGT) as of Q1 2022, down from 239 in Q4 2021.
- Funds reported $2.45B of Allegiant Air stock for Q1 2022, down 15% quarter-over-quarter.
- 28 funds opened new Allegiant Air positions in Q1 2022 and 32 closed out, a net change of -4 holders.
- The largest Allegiant Air buyer in Q1 2022 was Schonfeld Strategic Advisors, an estimated $18.7M added.
- The largest Allegiant Air seller in Q1 2022 was Millennium Management, an estimated $24.6M sold.
Based on aggregated 13F filings for Q1 2022.