Allegiant Air
ALGT
197 hedge funds and large institutions have $2B invested in Allegiant Air in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 77 increasing their positions, 56 reducing their positions, and 20 closing their positions.
2,940% more call options, than puts
Call options by funds: $234M | Put options by funds: $7.71M
38% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 56
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
6% more capital invested
Capital invested by funds: $1.89B → $2B (+$110M)
1.07% more ownership
Funds ownership: 81% → 82.07% (+1.1%)
1% more funds holding
Funds holding: 196 → 197 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$43M |
| 2 |
Morgan Stanley
New York
|
+$14.4M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$9.98M |
| 4 |
Two Sigma Investments
New York
|
+$6.98M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$6.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$27.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.49M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$5.05M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$3.4M |
ALGT Hedge Fund Activity: Q3 2019 in Review
197 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q3 2019, worth a combined $2B — up 5.8% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ALGT positions and 20 closed out — a net gain of 3 holders — while 77 added to existing stakes and 56 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $43M. The largest seller was Assenagon Asset Management, cutting an estimated $27.9M.
- 197 institutional investors held Allegiant Air (ALGT) as of Q3 2019, up from 196 in Q2 2019.
- Funds reported $2B of Allegiant Air stock for Q3 2019, up 5.8% quarter-over-quarter.
- 23 funds opened new Allegiant Air positions in Q3 2019 and 20 closed out, a net change of +3 holders.
- The largest Allegiant Air buyer in Q3 2019 was Citadel Advisors, an estimated $43M added.
- The largest Allegiant Air seller in Q3 2019 was Assenagon Asset Management, an estimated $27.9M sold.
Based on aggregated 13F filings for Q3 2019.