Alaska Air
522 hedge funds and large institutions have $8.34B invested in Alaska Air in 2017 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 223 increasing their positions, 156 reducing their positions, and 69 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 156
3% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 69
0.51% more ownership
Funds ownership: 88.03% → 88.54% (+0.51%)
0% less funds holding
Funds holding: 524 → 522 (-2)
5% less call options, than puts
Call options by funds: $104M | Put options by funds: $110M
15% less capital invested
Capital invested by funds: $9.76B → $8.34B (-$1.42B)
64% less funds holding in top 10
Funds holding in top 10: 11 → 4 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$125M |
| 2 |
Two Sigma Investments
New York
|
+$59.8M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$35.9M |
| 4 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$35.5M |
| 5 |
Millennium Management
New York
|
+$34.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$73.8M |
| 2 |
Bank of New York Mellon
New York
|
-$71.1M |
| 3 |
Renaissance Technologies
New York
|
-$64.7M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$59.5M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$37.5M |
ALK Hedge Fund Activity: Q3 2017 in Review
522 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q3 2017, worth a combined $8.34B — down 15% from $9.76B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new ALK positions and 69 closed out — a net gain of 2 holders — while 223 added to existing stakes and 156 trimmed.
The largest buyer was Egerton Capital (UK), adding an estimated $125M. The largest seller was Altimeter Capital Management, cutting an estimated $73.8M.
- 522 institutional investors held Alaska Air (ALK) as of Q3 2017, down from 524 in Q2 2017.
- Funds reported $8.34B of Alaska Air stock for Q3 2017, down 15% quarter-over-quarter.
- 71 funds opened new Alaska Air positions in Q3 2017 and 69 closed out, a net change of +2 holders.
- The largest Alaska Air buyer in Q3 2017 was Egerton Capital (UK), an estimated $125M added.
- The largest Alaska Air seller in Q3 2017 was Altimeter Capital Management, an estimated $73.8M sold.
Based on aggregated 13F filings for Q3 2017.