Alaska Air
317 hedge funds and large institutions have $4.61B invested in Alaska Air in 2013 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 111 increasing their positions, 128 reducing their positions, and 17 closing their positions.
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
21% more call options, than puts
Call options by funds: $43.5M | Put options by funds: $36.1M
9% more funds holding
Funds holding: 292 → 317 (+25)
7% more capital invested
Capital invested by funds: $4.32B → $4.61B (+$296M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
13% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 128
16.53% less ownership
Funds ownership: 197.44% → 180.91% (-17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$34.5M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$25.6M |
| 3 |
Renaissance Technologies
New York
|
+$23.6M |
| 4 |
Axa
Paris,
France
|
+$16.2M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$153M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$143M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$136M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$44.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$42.5M |
ALK Hedge Fund Activity: Q4 2013 in Review
317 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q4 2013, worth a combined $4.61B — up 6.9% from $4.32B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new ALK positions and 17 closed out — a net gain of 27 holders — while 111 added to existing stakes and 128 trimmed.
The largest buyer was Bank of America, adding an estimated $34.5M. The largest seller was State Street, cutting an estimated $153M.
- 317 institutional investors held Alaska Air (ALK) as of Q4 2013, up from 292 in Q3 2013.
- Funds reported $4.61B of Alaska Air stock for Q4 2013, up 6.9% quarter-over-quarter.
- 44 funds opened new Alaska Air positions in Q4 2013 and 17 closed out, a net change of +27 holders.
- The largest Alaska Air buyer in Q4 2013 was Bank of America, an estimated $34.5M added.
- The largest Alaska Air seller in Q4 2013 was State Street, an estimated $153M sold.
Based on aggregated 13F filings for Q4 2013.