Allegiant Air
ALGT
214 hedge funds and large institutions have $1.16B invested in Allegiant Air in 2022 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 109 increasing their positions, 51 reducing their positions, and 30 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 51
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.12% less ownership
Funds ownership: 87.08% → 86.96% (-0.12%)
6% less funds holding
Funds holding: 228 → 214 (-14)
28% less call options, than puts
Call options by funds: $7.63M | Put options by funds: $10.6M
35% less capital invested
Capital invested by funds: $1.79B → $1.16B (-$628M)
43% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$26.3M |
| 2 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$24.3M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$7.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.53M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$108M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$49M |
| 3 |
Neuberger Berman Group
New York
|
-$40.6M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$10.4M |
| 5 |
Morgan Stanley
New York
|
-$9.79M |
ALGT Hedge Fund Activity: Q3 2022 in Review
214 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q3 2022, worth a combined $1.16B — down 35% from $1.79B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ALGT and 17 opened new positions — a net loss of 13 holders — while 51 trimmed existing stakes and 109 added.
The largest buyer was Diamond Hill Capital Management, adding an estimated $26.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $108M.
- 214 institutional investors held Allegiant Air (ALGT) as of Q3 2022, down from 228 in Q2 2022.
- Funds reported $1.16B of Allegiant Air stock for Q3 2022, down 35% quarter-over-quarter.
- 17 funds opened new Allegiant Air positions in Q3 2022 and 30 closed out, a net change of -13 holders.
- The largest Allegiant Air buyer in Q3 2022 was Diamond Hill Capital Management, an estimated $26.3M added.
- The largest Allegiant Air seller in Q3 2022 was T. Rowe Price Associates, an estimated $108M sold.
Based on aggregated 13F filings for Q3 2022.