Allegiant Air
ALGT
192 hedge funds and large institutions have $1.51B invested in Allegiant Air in 2020 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 57 increasing their positions, 75 reducing their positions, and 29 closing their positions.
105% more call options, than puts
Call options by funds: $60.5M | Put options by funds: $29.6M
35% more capital invested
Capital invested by funds: $1.12B → $1.51B (+$391M)
24% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 29
4% more funds holding
Funds holding: 185 → 192 (+7)
1.45% more ownership
Funds ownership: 83.71% → 85.16% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
24% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$35.3M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$26.5M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$12.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$11.9M |
| 5 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$29.1M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
-$15M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$12.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$10.1M |
| 5 |
Morgan Stanley
New York
|
-$9.65M |
ALGT Hedge Fund Activity: Q2 2020 in Review
192 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q2 2020, worth a combined $1.51B — up 35% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ALGT positions and 29 closed out — a net gain of 7 holders — while 57 added to existing stakes and 75 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $35.3M. The largest seller was PAR Capital Management, cutting an estimated $29.1M.
- 192 institutional investors held Allegiant Air (ALGT) as of Q2 2020, up from 185 in Q1 2020.
- Funds reported $1.51B of Allegiant Air stock for Q2 2020, up 35% quarter-over-quarter.
- 36 funds opened new Allegiant Air positions in Q2 2020 and 29 closed out, a net change of +7 holders.
- The largest Allegiant Air buyer in Q2 2020 was Citadel Advisors, an estimated $35.3M added.
- The largest Allegiant Air seller in Q2 2020 was PAR Capital Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q2 2020.