Allegiant Air
ALGT
180 hedge funds and large institutions have $1.83B invested in Allegiant Air in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 60 increasing their positions, 74 reducing their positions, and 31 closing their positions.
6.39% more ownership
Funds ownership: 79.86% → 86.26% (+6.4%)
1% more capital invested
Capital invested by funds: $1.8B → $1.83B (+$24.2M)
8% less funds holding
Funds holding: 195 → 180 (-15)
19% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 74
32% less call options, than puts
Call options by funds: $7.61M | Put options by funds: $11.3M
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$51.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.6M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$28.7M |
| 4 |
RA
Royce & Associates
New York
|
+$23.8M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$8.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$19.1M |
| 2 |
Renaissance Technologies
New York
|
-$15M |
| 3 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$8.09M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.38M |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
-$5.71M |
ALGT Hedge Fund Activity: Q3 2017 in Review
180 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q3 2017, worth a combined $1.83B — up 1.3% from $1.8B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ALGT and 19 opened new positions — a net loss of 12 holders — while 74 trimmed existing stakes and 60 added.
The largest buyer was Diamond Hill Capital Management, adding an estimated $51.8M. The largest seller was Capital Research Global Investors, cutting an estimated $19.1M.
- 180 institutional investors held Allegiant Air (ALGT) as of Q3 2017, down from 195 in Q2 2017.
- Funds reported $1.83B of Allegiant Air stock for Q3 2017, up 1.3% quarter-over-quarter.
- 19 funds opened new Allegiant Air positions in Q3 2017 and 31 closed out, a net change of -12 holders.
- The largest Allegiant Air buyer in Q3 2017 was Diamond Hill Capital Management, an estimated $51.8M added.
- The largest Allegiant Air seller in Q3 2017 was Capital Research Global Investors, an estimated $19.1M sold.
Based on aggregated 13F filings for Q3 2017.