Alight
ALIT
245 hedge funds and large institutions have $5.08B invested in Alight in 2024 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 92 increasing their positions, 67 reducing their positions, and 32 closing their positions.
93% more capital inflows, than outflows
Capital inflows: $1.15B | Capital outflows: $595M
91% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 32
72% more call options, than puts
Call options by funds: $53.2M | Put options by funds: $30.9M
37% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 67
24% more funds holding in top 10
Funds holding in top 10: 17 → 21 (+4)
12% more funds holding
Funds holding: 218 → 245 (+27)
1.09% more ownership
Funds ownership: 93.06% → 94.15% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Starboard Value
New York
|
+$360M |
| 2 |
Glenview Capital Management
New York
|
+$91.6M |
| 3 |
Coronation Fund Managers
Cape Town,
South Africa
|
+$50.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$50.3M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New Mountain Capital
New York
|
-$148M |
| 2 |
Blackstone Inc
New York
|
-$140M |
| 3 |
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$66.6M |
| 4 |
FP
FPR Partners
San Francisco,
California
|
-$54.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$40.6M |
ALIT Hedge Fund Activity: Q1 2024 in Review
245 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Alight (ALIT) for Q1 2024, worth a combined $5.08B — up 28% from $3.98B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new ALIT positions and 32 closed out — a net gain of 29 holders — while 92 added to existing stakes and 67 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $360M. The largest seller was New Mountain Capital, exiting entirely with an estimated $148M sold.
- 245 institutional investors held Alight (ALIT) as of Q1 2024, up from 218 in Q4 2023.
- Funds reported $5.08B of Alight stock for Q1 2024, up 28% quarter-over-quarter.
- 61 funds opened new Alight positions in Q1 2024 and 32 closed out, a net change of +29 holders.
- The largest Alight buyer in Q1 2024 was Starboard Value, an estimated $360M added.
- The largest Alight seller in Q1 2024 was New Mountain Capital, an estimated $148M sold.
Based on aggregated 13F filings for Q1 2024.