Allegiant Air
ALGT
198 hedge funds and large institutions have $1.66B invested in Allegiant Air in 2020 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 61 increasing their positions, 67 reducing their positions, and 28 closing their positions.
29% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 28
10% more capital invested
Capital invested by funds: $1.51B → $1.66B (+$148M)
3% more funds holding
Funds holding: 192 → 198 (+6)
1.24% more ownership
Funds ownership: 85.16% → 86.4% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
9% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 67
57% less call options, than puts
Call options by funds: $14.8M | Put options by funds: $34.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$25M |
| 2 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$15.7M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$12.2M |
| 4 |
CCI
Columbus Circle Investors
|
+$11.2M |
| 5 |
LCG
Lisanti Capital Growth
New York
|
+$9.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.1M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
-$12.6M |
| 3 |
AA
Ancient Art
Austin,
Texas
|
-$12M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$9.39M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$8.2M |
ALGT Hedge Fund Activity: Q3 2020 in Review
198 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q3 2020, worth a combined $1.66B — up 9.8% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ALGT positions and 28 closed out — a net gain of 8 holders — while 61 added to existing stakes and 67 trimmed.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $25M. The largest seller was Morgan Stanley, cutting an estimated $16.1M.
- 198 institutional investors held Allegiant Air (ALGT) as of Q3 2020, up from 192 in Q2 2020.
- Funds reported $1.66B of Allegiant Air stock for Q3 2020, up 9.8% quarter-over-quarter.
- 36 funds opened new Allegiant Air positions in Q3 2020 and 28 closed out, a net change of +8 holders.
- The largest Allegiant Air buyer in Q3 2020 was Channing Capital Management, an estimated $25M added.
- The largest Allegiant Air seller in Q3 2020 was Morgan Stanley, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2020.