Alaska Air
535 hedge funds and large institutions have $10.4B invested in Alaska Air in 2017 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 163 increasing their positions, 217 reducing their positions, and 30 closing their positions.
217% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 30
11% more funds holding
Funds holding: 483 → 535 (+52)
4% more capital invested
Capital invested by funds: $9.94B → $10.4B (+$417M)
0.13% less ownership
Funds ownership: 90.94% → 90.81% (-0.13%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
18% less call options, than puts
Call options by funds: $66.5M | Put options by funds: $81.3M
25% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 217
Top Buyers
| 1 |
BlackRock
New York
|
+$647M |
| 2 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$69.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$55.8M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$55.3M |
| 5 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$53.5M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$78.7M |
| 2 |
Bank of New York Mellon
New York
|
-$60.7M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$49.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$43.3M |
| 5 |
Goldman Sachs
New York
|
-$40.9M |
ALK Hedge Fund Activity: Q1 2017 in Review
535 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q1 2017, worth a combined $10.4B — up 4.2% from $9.94B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new ALK positions and 30 closed out — a net gain of 65 holders — while 163 added to existing stakes and 217 trimmed.
The largest buyer was BlackRock, adding an estimated $647M. The largest seller was Millennium Management, cutting an estimated $78.7M.
- 535 institutional investors held Alaska Air (ALK) as of Q1 2017, up from 483 in Q4 2016.
- Funds reported $10.4B of Alaska Air stock for Q1 2017, up 4.2% quarter-over-quarter.
- 95 funds opened new Alaska Air positions in Q1 2017 and 30 closed out, a net change of +65 holders.
- The largest Alaska Air buyer in Q1 2017 was BlackRock, an estimated $647M added.
- The largest Alaska Air seller in Q1 2017 was Millennium Management, an estimated $78.7M sold.
Based on aggregated 13F filings for Q1 2017.