Alaska Air
442 hedge funds and large institutions have $3.31B invested in Alaska Air in 2020 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 136 increasing their positions, 165 reducing their positions, and 65 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 65
2% more funds holding
Funds holding: 434 → 442 (+8)
1% more capital invested
Capital invested by funds: $3.28B → $3.31B (+$23.3M)
0.48% less ownership
Funds ownership: 73.91% → 73.43% (-0.48%)
18% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 165
42% less call options, than puts
Call options by funds: $57.4M | Put options by funds: $98.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$58.5M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$39.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$37M |
| 4 |
BlackRock
New York
|
+$34.9M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$75.4M |
| 2 |
Parnassus Investments
San Francisco,
California
|
-$69.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$15.8M |
| 5 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFS
501
Hantz Financial Services
Southfield,
Michigan
| – | -$1K | -15 | Closed |
|
502
ClearBridge Investments
New York
| – | -$1K | -1 | Closed |
|
|
HCP
503
Hexagon Capital Partners
Rogers,
Arkansas
| – | +$375 | +10 | New |
|
ALK Hedge Fund Activity: Q3 2020 in Review
442 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q3 2020, worth a combined $3.31B — up 0.71% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new ALK positions and 65 closed out — a net gain of 11 holders — while 136 added to existing stakes and 165 trimmed.
The largest buyer was Causeway Capital Management, opening a new position worth an estimated $58.5M. The largest seller was Fidelity Investments, cutting an estimated $75.4M.
- 442 institutional investors held Alaska Air (ALK) as of Q3 2020, up from 434 in Q2 2020.
- Funds reported $3.31B of Alaska Air stock for Q3 2020, up 0.71% quarter-over-quarter.
- 76 funds opened new Alaska Air positions in Q3 2020 and 65 closed out, a net change of +11 holders.
- The largest Alaska Air buyer in Q3 2020 was Causeway Capital Management, an estimated $58.5M added.
- The largest Alaska Air seller in Q3 2020 was Fidelity Investments, an estimated $75.4M sold.
Based on aggregated 13F filings for Q3 2020.