Alight
ALIT
235 hedge funds and large institutions have $4B invested in Alight in 2024 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 107 increasing their positions, 63 reducing their positions, and 51 closing their positions.
141% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $6.46M
70% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 63
0.31% more ownership
Funds ownership: 4.71% → 5.02% (+0.31%)
4% less funds holding
Funds holding: 245 → 235 (-10)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
16% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 51
21% less capital invested
Capital invested by funds: $5.08B → $4B (-$1.07B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$70.1M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$41.1M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$40.9M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
+$39.7M |
| 5 |
Goldman Sachs
New York
|
+$38.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
-$109M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$55.2M |
| 3 |
CS
Cannell & Spears
New York
|
-$41.6M |
| 4 |
SP
Solel Partners
Boston,
Massachusetts
|
-$31.2M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$30.9M |
ALIT Hedge Fund Activity: Q2 2024 in Review
235 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Alight (ALIT) for Q2 2024, worth a combined $4B — down 21% from $5.08B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of ALIT and 43 opened new positions — a net loss of 8 holders — while 63 trimmed existing stakes and 107 added.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $70.1M. The largest seller was Wolf Hill Capital Management, exiting entirely with an estimated $109M sold.
- 235 institutional investors held Alight (ALIT) as of Q2 2024, down from 245 in Q1 2024.
- Funds reported $4B of Alight stock for Q2 2024, down 21% quarter-over-quarter.
- 43 funds opened new Alight positions in Q2 2024 and 51 closed out, a net change of -8 holders.
- The largest Alight buyer in Q2 2024 was Rubric Capital Management (New York), an estimated $70.1M added.
- The largest Alight seller in Q2 2024 was Wolf Hill Capital Management, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2024.