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Alaska Air

428 hedge funds and large institutions have $4.57B invested in Alaska Air in 2024 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 132 increasing their positions, 159 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

10% more capital invested

Capital invested by funds: $4.14B → $4.57B (+$434M)

1.68% more ownership

Funds ownership: 82.73%84.41% (+1.7%)

6% less funds holding

Funds holding: 454428 (-26)

17% less repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 159

28% less call options, than puts

Call options by funds: $69.8M | Put options by funds: $96.3M

29% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 84

Holders
428
Holders Change
-26
Holders Change %
-5.73%
% of All Funds
6.17%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
60
Increased
132
Reduced
159
Closed
84
Calls
$69.8M
Puts
$96.3M
Net Calls
-$26.5M
Net Calls Change
+$36.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Squarepoint
51
Squarepoint
New York
$10.7M -$1.3M -34,634 -12%
Hotchkis & Wiley Capital Management
52
Hotchkis & Wiley Capital Management
California
$10.4M +$9.07M +242,440 New
DADC
53
D.A. Davidson & Co
Montana
$9.96M +$221K +5,896 +3%
Prudential Financial
54
Prudential Financial
New Jersey
$9.89M -$1.81M -48,343 -17%
AIM
55
ARGA Investment Management
Connecticut
$9.65M +$8.4M +224,567 New
HA
56
Heartland Advisors
Wisconsin
$8.9M +$4M +106,950 +107%
HCM
57
Hodges Capital Management
Texas
$8.75M -$3.9M -104,132 -34%
JP Morgan Chase
58
JP Morgan Chase
New York
$8.27M -$1.97M -52,664 -22%
SSA
59
Schonfeld Strategic Advisors
New York
$8.06M -$1.77M -47,400 -20%
RJFSA
60
Raymond James Financial Services Advisors
Florida
$7.92M -$1.36M -36,240 -16%
SPS
61
Susquehanna Portfolio Strategies
Pennsylvania
$7.53M -$998K -26,685 -13%
California Public Employees Retirement System
62
California Public Employees Retirement System
California
$7.5M -$1.45M -38,822 -18%
Comerica Bank
63
Comerica Bank
Texas
$7.49M +$3.05M +81,533 +88%
BNP Paribas Financial Markets
64
BNP Paribas Financial Markets
France
$7.46M +$1.27M +33,839 +24%
New York State Common Retirement Fund
65
New York State Common Retirement Fund
New York
$6.85M +$3.13M +83,615 +110%
New York State Teachers Retirement System (NYSTRS)
66
New York State Teachers Retirement System (NYSTRS)
New York
$6.68M -$4.94K -132 -0.1%
GIA
67
Gateway Investment Advisers
Ohio
$6.59M +$14.6K +391 +0.3%
BJL
68
Brighton Jones LLC
Washington
$6.53M +$4.22M +112,917 +290%
Susquehanna International Group
69
Susquehanna International Group
Pennsylvania
$6.35M +$3.22M +86,200 +140%
NM
70
NWI Management
New York
$6.23M
LCM
71
Landscape Capital Management
New Jersey
$6.14M +$3.17M +84,867 +146%
State Board of Administration of Florida Retirement System
72
State Board of Administration of Florida Retirement System
Florida
$6.01M +$328K +8,772 +7%
Baird Financial Group
73
Baird Financial Group
Wisconsin
$5.93M +$433K +11,585 +9%
GAM
74
Gotham Asset Management
New York
$5.86M +$839K +22,443 +20%
Hudson Bay Capital Management
75
Hudson Bay Capital Management
Connecticut
$5.86M +$3.23M +86,292 +173%

ALK Hedge Fund Activity: Q1 2024 in Review

428 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q1 2024, worth a combined $4.57B — up 10% from $4.14B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of ALK and 60 opened new positions — a net loss of 24 holders — while 159 trimmed existing stakes and 132 added.

The largest buyer was Balyasny Asset Management, adding an estimated $84.4M. The largest seller was Morgan Stanley, cutting an estimated $113M.

  • 428 institutional investors held Alaska Air (ALK) as of Q1 2024, down from 454 in Q4 2023.
  • Funds reported $4.57B of Alaska Air stock for Q1 2024, up 10% quarter-over-quarter.
  • 60 funds opened new Alaska Air positions in Q1 2024 and 84 closed out, a net change of -24 holders.
  • The largest Alaska Air buyer in Q1 2024 was Balyasny Asset Management, an estimated $84.4M added.
  • The largest Alaska Air seller in Q1 2024 was Morgan Stanley, an estimated $113M sold.

Based on aggregated 13F filings for Q1 2024.