Allegiant Air
ALGT
193 hedge funds and large institutions have $1.77B invested in Allegiant Air in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 80 increasing their positions, 55 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 55
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
1% less funds holding
Funds holding: 195 → 193 (-2)
1.6% less ownership
Funds ownership: 88.05% → 86.45% (-1.6%)
10% less capital invested
Capital invested by funds: $1.96B → $1.77B (-$190M)
47% less call options, than puts
Call options by funds: $5.95M | Put options by funds: $11.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$211M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$32.1M |
| 3 |
ClearBridge Investments
New York
|
+$14.2M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$13.5M |
| 5 |
BlackRock
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$193M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$67.2M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$53.9M |
| 4 |
Renaissance Technologies
New York
|
-$8.64M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$8.09M |
ALGT Hedge Fund Activity: Q3 2018 in Review
193 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Allegiant Air (ALGT) for Q3 2018, worth a combined $1.77B — down 9.7% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ALGT and 27 opened new positions — a net loss of 1 holder — while 55 trimmed existing stakes and 80 added.
The largest buyer was PAR Capital Management, opening a new position worth an estimated $211M. The largest seller was Fidelity Investments, cutting an estimated $193M.
- 193 institutional investors held Allegiant Air (ALGT) as of Q3 2018, down from 195 in Q2 2018.
- Funds reported $1.77B of Allegiant Air stock for Q3 2018, down 9.7% quarter-over-quarter.
- 27 funds opened new Allegiant Air positions in Q3 2018 and 28 closed out, a net change of -1 holder.
- The largest Allegiant Air buyer in Q3 2018 was PAR Capital Management, an estimated $211M added.
- The largest Allegiant Air seller in Q3 2018 was Fidelity Investments, an estimated $193M sold.
Based on aggregated 13F filings for Q3 2018.