Alaska Air
502 hedge funds and large institutions have $7.04B invested in Alaska Air in 2019 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 150 increasing their positions, 201 reducing their positions, and 42 closing their positions.
76% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 42
6% more funds holding
Funds holding: 474 → 502 (+28)
1% more capital invested
Capital invested by funds: $6.98B → $7.04B (+$60.6M)
0.56% less ownership
Funds ownership: 88.6% → 88.04% (-0.56%)
23% less call options, than puts
Call options by funds: $82.2M | Put options by funds: $107M
25% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 201
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$66.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$55.5M |
| 3 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$36M |
| 4 |
Morgan Stanley
New York
|
+$20M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$47.3M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$45.8M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$42.6M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$40.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$38.2M |
ALK Hedge Fund Activity: Q3 2019 in Review
502 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q3 2019, worth a combined $7.04B — up 0.87% from $6.98B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new ALK positions and 42 closed out — a net gain of 32 holders — while 150 added to existing stakes and 201 trimmed.
The largest buyer was Parnassus Investments, adding an estimated $66.2M. The largest seller was Point72 Asset Management, cutting an estimated $47.3M.
- 502 institutional investors held Alaska Air (ALK) as of Q3 2019, up from 474 in Q2 2019.
- Funds reported $7.04B of Alaska Air stock for Q3 2019, up 0.87% quarter-over-quarter.
- 74 funds opened new Alaska Air positions in Q3 2019 and 42 closed out, a net change of +32 holders.
- The largest Alaska Air buyer in Q3 2019 was Parnassus Investments, an estimated $66.2M added.
- The largest Alaska Air seller in Q3 2019 was Point72 Asset Management, an estimated $47.3M sold.
Based on aggregated 13F filings for Q3 2019.