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Alaska Air

338 hedge funds and large institutions have $5.77B invested in Alaska Air in 2014 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 105 increasing their positions, 137 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more call options, than puts

Call options by funds: $131M | Put options by funds: $39.4M

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

56% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 41

18% more capital invested

Capital invested by funds: $4.87B → $5.77B (+$895M)

7% more funds holding

Funds holding: 317338 (+21)

0.82% less ownership

Funds ownership: 180.94%180.11% (-0.82%)

23% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 137

Holders
338
Holders Change
+21
Holders Change %
+6.62%
% of All Funds
9.76%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.2%
New
64
Increased
105
Reduced
137
Closed
41
Calls
$131M
Puts
$39.4M
Net Calls
+$91.9M
Net Calls Change
+$84.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$438M +$7.34M +177,002 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$406M +$6.84M +164,974 +2%
Primecap Management
3
Primecap Management
California
$335M
PCM
4
PAR Capital Management
Massachusetts
$219M
BFA
5
BlackRock Fund Advisors
California
$215M -$20M -481,654 -9%
Acadian Asset Management
6
Acadian Asset Management
Massachusetts
$212M +$32.1M +773,378 +20%
BIT
7
BlackRock Institutional Trust
California
$183M +$7.82M +188,532 +5%
State Street
8
State Street
Massachusetts
$176M -$4.72M -113,788 -3%
Franklin Resources
9
Franklin Resources
California
$149M
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$142M -$185M -4,453,408 -59%
American Century Companies
11
American Century Companies
Missouri
$103M +$31.7M +764,568 +53%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$94.6M +$875K +21,108 +1%
AQR Capital Management
13
AQR Capital Management
Connecticut
$93.1M -$2.79M -67,400 -3%
JP Morgan Chase
14
JP Morgan Chase
New York
$88M -$309K -7,450 -0.4%
TCIM
15
TIAA CREF Investment Management
New York
$85.2M +$12.5M +301,614 +20%
Schroder Investment Management Group
16
Schroder Investment Management Group
United Kingdom
$84.3M -$47M -1,134,812 -39%
Bank of America
17
Bank of America
North Carolina
$84M -$27.6M -666,632 -27%
JIR
18
James Investment Research
Ohio
$75.1M +$1.39M +33,460 +2%
Ameriprise
19
Ameriprise
Minnesota
$70.8M -$6.83M -164,734 -10%
Invesco
20
Invesco
Georgia
$69M +$19.9M +479,724 +48%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$68M +$11.8M +284,346 +24%
ACM
22
Altimeter Capital Management
Massachusetts
$62M -$4.18M -100,800 -7%
Goldman Sachs
23
Goldman Sachs
New York
$60.5M -$13.1M -315,826 -20%
Axa
24
Axa
France
$54.7M -$1.23M -29,700 -2%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$54.3M +$15.1M +363,302 +45%

ALK Hedge Fund Activity: Q1 2014 in Review

338 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q1 2014, worth a combined $5.77B — up 18% from $4.87B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new ALK positions and 41 closed out — a net gain of 23 holders — while 105 added to existing stakes and 137 trimmed.

The largest buyer was Renaissance Group, opening a new position worth an estimated $32.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $185M.

  • 338 institutional investors held Alaska Air (ALK) as of Q1 2014, up from 317 in Q4 2013.
  • Funds reported $5.77B of Alaska Air stock for Q1 2014, up 18% quarter-over-quarter.
  • 64 funds opened new Alaska Air positions in Q1 2014 and 41 closed out, a net change of +23 holders.
  • The largest Alaska Air buyer in Q1 2014 was Renaissance Group, an estimated $32.6M added.
  • The largest Alaska Air seller in Q1 2014 was T. Rowe Price Associates, an estimated $185M sold.

Based on aggregated 13F filings for Q1 2014.