Allegiant Air
ALGT
235 hedge funds and large institutions have $1.9B invested in Allegiant Air in 2023 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 53 increasing their positions, 83 reducing their positions, and 23 closing their positions.
100% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 23
34% more capital invested
Capital invested by funds: $1.41B → $1.9B (+$483M)
11% more funds holding
Funds holding: 212 → 235 (+23)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.03% less ownership
Funds ownership: 84.55% → 81.51% (-3%)
36% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 83
39% less call options, than puts
Call options by funds: $23M | Put options by funds: $37.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$28.4M |
| 2 |
Jane Street
New York
|
+$18.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.7M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$5.21M |
| 5 |
Goldman Sachs
New York
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$30M |
| 2 |
NIG
NFJ Investment Group
Dallas,
Texas
|
-$13.2M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$12.8M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$12M |
| 5 |
BlackRock
New York
|
-$11.7M |
ALGT Hedge Fund Activity: Q2 2023 in Review
235 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q2 2023, worth a combined $1.9B — up 34% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new ALGT positions and 23 closed out — a net gain of 23 holders — while 53 added to existing stakes and 83 trimmed.
The largest buyer was Millennium Management, adding an estimated $28.4M. The largest seller was U.S. Global Investors (USGI), cutting an estimated $30M.
- 235 institutional investors held Allegiant Air (ALGT) as of Q2 2023, up from 212 in Q1 2023.
- Funds reported $1.9B of Allegiant Air stock for Q2 2023, up 34% quarter-over-quarter.
- 46 funds opened new Allegiant Air positions in Q2 2023 and 23 closed out, a net change of +23 holders.
- The largest Allegiant Air buyer in Q2 2023 was Millennium Management, an estimated $28.4M added.
- The largest Allegiant Air seller in Q2 2023 was U.S. Global Investors (USGI), an estimated $30M sold.
Based on aggregated 13F filings for Q2 2023.