Allegiant Air
ALGT
207 hedge funds and large institutions have $1.72B invested in Allegiant Air in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 79 increasing their positions, 64 reducing their positions, and 26 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 64
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
2% more funds holding
Funds holding: 203 → 207 (+4)
3% less call options, than puts
Call options by funds: $11.2M | Put options by funds: $11.6M
13% less capital invested
Capital invested by funds: $1.99B → $1.72B (-$267M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$41.2M |
| 2 |
Coatue Management
New York
|
+$21.9M |
| 3 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$15.8M |
| 4 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$9.12M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$115M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$14.6M |
| 3 |
JP Morgan Chase
New York
|
-$8.39M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
-$5.63M |
| 5 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$5.63M |
ALGT Hedge Fund Activity: Q3 2016 in Review
207 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q3 2016, worth a combined $1.72B — down 13% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ALGT positions and 26 closed out — a net gain of 5 holders — while 79 added to existing stakes and 64 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $41.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $115M.
- 207 institutional investors held Allegiant Air (ALGT) as of Q3 2016, up from 203 in Q2 2016.
- Funds reported $1.72B of Allegiant Air stock for Q3 2016, down 13% quarter-over-quarter.
- 31 funds opened new Allegiant Air positions in Q3 2016 and 26 closed out, a net change of +5 holders.
- The largest Allegiant Air buyer in Q3 2016 was Capital Research Global Investors, an estimated $41.2M added.
- The largest Allegiant Air seller in Q3 2016 was T. Rowe Price Associates, an estimated $115M sold.
Based on aggregated 13F filings for Q3 2016.