Allegiant Air
ALGT
212 hedge funds and large institutions have $1.11B invested in Allegiant Air in 2024 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 52 increasing their positions, 80 reducing their positions, and 36 closing their positions.
3% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 36
1% more call options, than puts
Call options by funds: $24M | Put options by funds: $23.8M
0% more funds holding
Funds holding: 211 → 212 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4.9% less ownership
Funds ownership: 85.47% → 80.57% (-4.9%)
15% less capital invested
Capital invested by funds: $1.3B → $1.11B (-$191M)
35% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$12.1M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$6.13M |
| 3 |
IP
Interval Partners
New York
|
+$5.69M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$5.33M |
| 5 |
CISOA
Capital Investment Services of America
Milwaukee,
Wisconsin
|
+$4.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$56.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21M |
| 3 |
Morgan Stanley
New York
|
-$20.6M |
| 4 |
BlackRock
New York
|
-$8.47M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$8.26M |
ALGT Hedge Fund Activity: Q1 2024 in Review
212 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q1 2024, worth a combined $1.11B — down 15% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ALGT positions and 36 closed out — a net gain of 1 holder — while 52 added to existing stakes and 80 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $12.1M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $56.3M.
- 212 institutional investors held Allegiant Air (ALGT) as of Q1 2024, up from 211 in Q4 2023.
- Funds reported $1.11B of Allegiant Air stock for Q1 2024, down 15% quarter-over-quarter.
- 37 funds opened new Allegiant Air positions in Q1 2024 and 36 closed out, a net change of +1 holder.
- The largest Allegiant Air buyer in Q1 2024 was Donald Smith & Co, an estimated $12.1M added.
- The largest Allegiant Air seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $56.3M sold.
Based on aggregated 13F filings for Q1 2024.