Alaska Air
360 hedge funds and large institutions have $5.41B invested in Alaska Air in 2014 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 123 increasing their positions, 153 reducing their positions, and 30 closing their positions.
103% more call options, than puts
Call options by funds: $124M | Put options by funds: $61.2M
67% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 30
5% more funds holding
Funds holding: 344 → 360 (+16)
9% less capital invested
Capital invested by funds: $5.95B → $5.41B (-$545M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
20% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 153
91.01% less ownership
Funds ownership: 183.65% → 92.63% (-91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$105M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$24.3M |
| 3 |
BlackRock
New York
|
+$21.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.8M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$50.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$34.5M |
| 3 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$33.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$27.9M |
| 5 |
Cohen & Steers
New York
|
-$26.3M |
ALK Hedge Fund Activity: Q3 2014 in Review
360 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q3 2014, worth a combined $5.41B — down 9.2% from $5.95B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new ALK positions and 30 closed out — a net gain of 20 holders — while 123 added to existing stakes and 153 trimmed.
The largest buyer was AJO LP, adding an estimated $105M. The largest seller was Virtus Fund Advisers, cutting an estimated $50.5M.
- 360 institutional investors held Alaska Air (ALK) as of Q3 2014, up from 344 in Q2 2014.
- Funds reported $5.41B of Alaska Air stock for Q3 2014, down 9.2% quarter-over-quarter.
- 50 funds opened new Alaska Air positions in Q3 2014 and 30 closed out, a net change of +20 holders.
- The largest Alaska Air buyer in Q3 2014 was AJO LP, an estimated $105M added.
- The largest Alaska Air seller in Q3 2014 was Virtus Fund Advisers, an estimated $50.5M sold.
Based on aggregated 13F filings for Q3 2014.