Alaska Air
477 hedge funds and large institutions have $5.11B invested in Alaska Air in 2025 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 145 increasing their positions, 178 reducing their positions, and 66 closing their positions.
141% more call options, than puts
Call options by funds: $323M | Put options by funds: $134M
5.88% more ownership
Funds ownership: 83.09% → 88.97% (+5.9%)
2% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 66
1% more capital invested
Capital invested by funds: $5.06B → $5.11B (+$49M)
0% less funds holding
Funds holding: 479 → 477 (-2)
19% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 178
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$328M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$152M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$57.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$54.3M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$43.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$146M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$71.5M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$51.7M |
| 4 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
-$47.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$44.9M |
ALK Hedge Fund Activity: Q3 2025 in Review
477 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q3 2025, worth a combined $5.11B — up 0.97% from $5.06B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new ALK positions and 66 closed out — a net gain of 1 holder — while 145 added to existing stakes and 178 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $328M. The largest seller was BlackRock, cutting an estimated $146M.
- 477 institutional investors held Alaska Air (ALK) as of Q3 2025, down from 479 in Q2 2025.
- Funds reported $5.11B of Alaska Air stock for Q3 2025, up 0.97% quarter-over-quarter.
- 67 funds opened new Alaska Air positions in Q3 2025 and 66 closed out, a net change of +1 holder.
- The largest Alaska Air buyer in Q3 2025 was Fidelity Investments, an estimated $328M added.
- The largest Alaska Air seller in Q3 2025 was BlackRock, an estimated $146M sold.
Based on aggregated 13F filings for Q3 2025.