Allegiant Air
ALGT
195 hedge funds and large institutions have $1.8B invested in Allegiant Air in 2017 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 78 increasing their positions, 57 reducing their positions, and 25 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
37% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 57
2% less funds holding
Funds holding: 198 → 195 (-3)
2.29% less ownership
Funds ownership: 82.15% → 79.86% (-2.3%)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
18% less capital invested
Capital invested by funds: $2.19B → $1.8B (-$389M)
52% less call options, than puts
Call options by funds: $2.23M | Put options by funds: $4.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$21.8M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$20.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.9M |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$8.75M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$8.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$58.6M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$39.6M |
| 3 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
-$26.6M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$18.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$12.9M |
ALGT Hedge Fund Activity: Q2 2017 in Review
195 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q2 2017, worth a combined $1.8B — down 18% from $2.19B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of ALGT and 22 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 78 added.
The largest buyer was First Pacific Advisors, opening a new position worth an estimated $21.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $58.6M.
- 195 institutional investors held Allegiant Air (ALGT) as of Q2 2017, down from 198 in Q1 2017.
- Funds reported $1.8B of Allegiant Air stock for Q2 2017, down 18% quarter-over-quarter.
- 22 funds opened new Allegiant Air positions in Q2 2017 and 25 closed out, a net change of -3 holders.
- The largest Allegiant Air buyer in Q2 2017 was First Pacific Advisors, an estimated $21.8M added.
- The largest Allegiant Air seller in Q2 2017 was T. Rowe Price Associates, an estimated $58.6M sold.
Based on aggregated 13F filings for Q2 2017.