Allegiant Air
ALGT
209 hedge funds and large institutions have $825M invested in Allegiant Air in 2024 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 86 increasing their positions, 62 reducing their positions, and 34 closing their positions.
85% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $12.3M
39% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 62
9.78% more ownership
Funds ownership: 80.57% → 90.35% (+9.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 34
1% less funds holding
Funds holding: 212 → 209 (-3)
26% less capital invested
Capital invested by funds: $1.11B → $825M (-$284M)
Top Buyers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$31.7M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$28.9M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$11.3M |
| 4 |
BlackRock
New York
|
+$11M |
| 5 |
ClearBridge Investments
New York
|
+$9.99M |
Top Sellers
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$30.7M |
| 2 |
Man Group
London,
United Kingdom
|
-$4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.96M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.53M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$3.02M |
ALGT Hedge Fund Activity: Q2 2024 in Review
209 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q2 2024, worth a combined $825M — down 26% from $1.11B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of ALGT and 32 opened new positions — a net loss of 2 holders — while 62 trimmed existing stakes and 86 added.
The largest buyer was Balyasny Asset Management, adding an estimated $31.7M. The largest seller was Macquarie Group, cutting an estimated $30.7M.
- 209 institutional investors held Allegiant Air (ALGT) as of Q2 2024, down from 212 in Q1 2024.
- Funds reported $825M of Allegiant Air stock for Q2 2024, down 26% quarter-over-quarter.
- 32 funds opened new Allegiant Air positions in Q2 2024 and 34 closed out, a net change of -2 holders.
- The largest Allegiant Air buyer in Q2 2024 was Balyasny Asset Management, an estimated $31.7M added.
- The largest Allegiant Air seller in Q2 2024 was Macquarie Group, an estimated $30.7M sold.
Based on aggregated 13F filings for Q2 2024.