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Alaska Air

528 hedge funds and large institutions have $5.46B invested in Alaska Air in 2025 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 162 increasing their positions, 168 reducing their positions, and 91 closing their positions.

New
Increased
Maintained
Reduced
Closed

178% more call options, than puts

Call options by funds: $365M | Put options by funds: $131M

27% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 91

4% more funds holding

Funds holding: 509528 (+19)

3.07% more ownership

Funds ownership: 87.35%90.42% (+3.1%)

4% less repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 168

24% less capital invested

Capital invested by funds: $7.18B → $5.46B (-$1.72B)

50% less funds holding in top 10

Funds holding in top 10: 126 (-6)

Holders
528
Holders Change
+19
Holders Change %
+3.73%
% of All Funds
7.08%
Holding in Top 10
6
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-50%
% of All Funds
0.08%
New
116
Increased
162
Reduced
168
Closed
91
Calls
$365M
Puts
$131M
Net Calls
+$233M
Net Calls Change
+$12.7M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
26
PAR Capital Management
Massachusetts
$52.9M +$14.7M +224,487 +26%
Northern Trust
27
Northern Trust
Illinois
$52.3M +$18.7M +285,382 +37%
Barclays
28
Barclays
United Kingdom
$50.8M -$9.76M -148,661 -13%
AIM
29
ARGA Investment Management
Connecticut
$50.5M -$1.32M -20,049 -2%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$47.8M +$5.19M +79,099 +9%
Millennium Management
31
Millennium Management
New York
$46.5M -$25.1M -382,675 -29%
CCM
32
Candlestick Capital Management
Connecticut
$39.3M +$395K +6,014 +0.8%
BA
33
Bridgewater Associates
Connecticut
$33.8M +$45.1M +687,449 New
Franklin Resources
34
Franklin Resources
California
$31.6M +$165K +2,509 +0.4%
CSS
35
Cubist Systematic Strategies
Connecticut
$29.8M +$39.8M +606,412 New
FCM
36
Frontier Capital Management
Massachusetts
$27.8M -$27.1M -412,993 -42%
Norges Bank
37
Norges Bank
Norway
$24.7M +$12.8M +195,455 +64%
SG Americas Securities
38
SG Americas Securities
New York
$23.3M +$27.3M +415,334 +708%
Connor, Clark & Lunn Investment Management (CC&L)
39
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$21.8M +$25M +381,509 +630%
USGIU
40
U.S. Global Investors (USGI)
Texas
$21M -$6.41M -97,571 -19%
FGP
41
Freestone Grove Partners
California
$19.1M +$21M +320,065 +467%
Ameriprise
42
Ameriprise
Minnesota
$18.6M -$12.4M -189,369 -33%
Squarepoint
43
Squarepoint
New York
$18.2M +$3.6M +54,791 +17%
HF
44
HRT Financial
New York
$18.1M +$17.7M +269,883 +275%
Stifel Financial
45
Stifel Financial
Missouri
$18.1M -$11M -168,222 -31%
Invesco
46
Invesco
Georgia
$17.1M -$22.4M -340,454 -49%
QC
47
Quantedge Capital
Singapore
$17.1M +$22.8M +346,600 New
SAIG
48
Semper Augustus Investments Group
Colorado
$17M -$344K -5,241 -1%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$16.9M +$2.93M +44,688 +15%
UBS AM
50
UBS AM
Illinois
$16.7M +$10M +152,953 +82%

ALK Hedge Fund Activity: Q1 2025 in Review

528 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q1 2025, worth a combined $5.46B — down 24% from $7.18B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new ALK positions and 91 closed out — a net gain of 25 holders — while 162 added to existing stakes and 168 trimmed.

The largest buyer was D1 Capital Partners, opening a new position worth an estimated $271M. The largest seller was BlackRock, cutting an estimated $267M.

  • 528 institutional investors held Alaska Air (ALK) as of Q1 2025, up from 509 in Q4 2024.
  • Funds reported $5.46B of Alaska Air stock for Q1 2025, down 24% quarter-over-quarter.
  • 116 funds opened new Alaska Air positions in Q1 2025 and 91 closed out, a net change of +25 holders.
  • The largest Alaska Air buyer in Q1 2025 was D1 Capital Partners, an estimated $271M added.
  • The largest Alaska Air seller in Q1 2025 was BlackRock, an estimated $267M sold.

Based on aggregated 13F filings for Q1 2025.