Allegiant Air
ALGT
157 hedge funds and large institutions have $1.56B invested in Allegiant Air in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 56 reducing their positions, and 21 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 56
4% less capital invested
Capital invested by funds: $1.63B → $1.56B (-$72.5M)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
1% less funds holding
Funds holding: 159 → 157 (-2)
23% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $14.8M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TM
Tiger Management
New York
|
+$17.9M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$12.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$12M |
| 4 |
Renaissance Technologies
New York
|
+$10.5M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$49M |
| 2 |
Bank of New York Mellon
New York
|
-$22.4M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$17.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.5M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$10.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
176
World Asset Management
Detroit,
Michigan
| – | -$214K | -2,015 | Closed |
|
177
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$11K | -100 | Closed |
|
|
LTFS
178
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$2K | -22 | Closed |
|
|
IRS
179
Invictus RG (Singapore)
Singapore
| – | +$296 | +3 | New |
|
ALGT Hedge Fund Activity: Q3 2013 in Review
157 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q3 2013, worth a combined $1.56B — down 4.4% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ALGT and 19 opened new positions — a net loss of 2 holders — while 56 trimmed existing stakes and 65 added.
The largest buyer was Tiger Management, opening a new position worth an estimated $17.9M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $49M sold.
- 157 institutional investors held Allegiant Air (ALGT) as of Q3 2013, down from 159 in Q2 2013.
- Funds reported $1.56B of Allegiant Air stock for Q3 2013, down 4.4% quarter-over-quarter.
- 19 funds opened new Allegiant Air positions in Q3 2013 and 21 closed out, a net change of -2 holders.
- The largest Allegiant Air buyer in Q3 2013 was Tiger Management, an estimated $17.9M added.
- The largest Allegiant Air seller in Q3 2013 was Lord, Abbett & Co, an estimated $49M sold.
Based on aggregated 13F filings for Q3 2013.