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Alaska Air

466 hedge funds and large institutions have $3.69B invested in Alaska Air in 2023 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 148 increasing their positions, 171 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.24% less ownership

Funds ownership: 80.43%78.19% (-2.2%)

6% less funds holding

Funds holding: 497466 (-31)

13% less repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 171

27% less first-time investments, than exits

New positions opened: 67 | Existing positions closed: 92

33% less capital invested

Capital invested by funds: $5.47B → $3.69B (-$1.79B)

36% less call options, than puts

Call options by funds: $65.5M | Put options by funds: $102M

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
466
Holders Change
-31
Holders Change %
-6.24%
% of All Funds
7.4%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
67
Increased
148
Reduced
171
Closed
92
Calls
$65.5M
Puts
$102M
Net Calls
-$36.2M
Net Calls Change
-$14.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Prudential Financial
26
Prudential Financial
New Jersey
$23.1M -$21.4M -471,513 -43%
Russell Investments Group
27
Russell Investments Group
United Kingdom
$21.5M -$1.15M -25,469 -4%
DDPIC
28
Deroy & Devereaux Private Investment Counsel
Michigan
$20M -$268K -5,916 -1%
Fidelity Investments
29
Fidelity Investments
Massachusetts
$19.9M -$579K -12,777 -2%
T. Rowe Price Associates
30
T. Rowe Price Associates
Maryland
$19.8M -$20.6M -454,037 -46%
SDIC
31
South Dakota Investment Council
South Dakota
$18.2M +$1.22M +26,913 +6%
UBS Group
32
UBS Group
Switzerland
$17.6M +$7.92M +174,938 +59%
BCM
33
Becker Capital Management
Oregon
$17.4M +$1.35M +29,747 +7%
Stifel Financial
34
Stifel Financial
Missouri
$15.5M -$696K -15,371 -4%
Deutsche Bank
35
Deutsche Bank
Germany
$13.6M +$6.44M +142,310 +63%
N
36
Nuveen
North Carolina
$13.5M +$169K +3,727 +1%
Ameriprise
37
Ameriprise
Minnesota
$12.7M -$2.72M -60,146 -15%
Susquehanna International Group
38
Susquehanna International Group
Pennsylvania
$12.1M +$9.26M +204,580 +166%
JP Morgan Chase
39
JP Morgan Chase
New York
$12.1M -$58.8M -1,299,008 -80%
Goldman Sachs
40
Goldman Sachs
New York
$11.8M -$3.02M -66,759 -17%
Millennium Management
41
Millennium Management
New York
$11.8M +$9.33M +205,987 +185%
RJA
42
Raymond James & Associates
Florida
$11.7M -$327K -7,231 -2%
Los Angeles Capital Management
43
Los Angeles Capital Management
California
$11.2M -$29.4M -648,272 -68%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$10.7M -$24.8M -548,572 -67%
RJFSA
45
Raymond James Financial Services Advisors
Florida
$10.5M +$745K +16,443 +6%
TSW
46
Thompson Siegel & Walmsley
Virginia
$10.3M +$2.55M +56,266 +25%
First Eagle Investment Management
47
First Eagle Investment Management
New York
$10.1M +$4.53M +100,040 +58%
EWA
48
Exencial Wealth Advisors
Oklahoma
$9.97M -$4.89M -108,058 -29%
SAIG
49
Semper Augustus Investments Group
Colorado
$9.94M +$614K +13,555 +5%
FCM
50
Frontier Capital Management
Massachusetts
$9.51M +$1.36M +30,048 +13%

ALK Hedge Fund Activity: Q3 2023 in Review

466 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q3 2023, worth a combined $3.69B — down 33% from $5.47B a quarter earlier.

Sellers outnumbered buyers: 92 funds closed out of ALK and 67 opened new positions — a net loss of 25 holders — while 171 trimmed existing stakes and 148 added.

The largest buyer was Citadel Advisors, adding an estimated $52.2M. The largest seller was Point72 Asset Management, cutting an estimated $90.6M.

  • 466 institutional investors held Alaska Air (ALK) as of Q3 2023, down from 497 in Q2 2023.
  • Funds reported $3.69B of Alaska Air stock for Q3 2023, down 33% quarter-over-quarter.
  • 67 funds opened new Alaska Air positions in Q3 2023 and 92 closed out, a net change of -25 holders.
  • The largest Alaska Air buyer in Q3 2023 was Citadel Advisors, an estimated $52.2M added.
  • The largest Alaska Air seller in Q3 2023 was Point72 Asset Management, an estimated $90.6M sold.

Based on aggregated 13F filings for Q3 2023.