Alaska Air
536 hedge funds and large institutions have $6.66B invested in Alaska Air in 2018 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 158 increasing their positions, 204 reducing their positions, and 64 closing their positions.
50% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 64
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6% more funds holding
Funds holding: 507 → 536 (+29)
4.71% less ownership
Funds ownership: 93.48% → 88.78% (-4.7%)
16% less capital invested
Capital invested by funds: $7.94B → $6.66B (-$1.28B)
23% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 204
53% less call options, than puts
Call options by funds: $71.5M | Put options by funds: $154M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$205M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$43.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$41.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$32.6M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$462M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$92.6M |
| 3 |
O
OppenheimerFunds
New York
|
-$67.6M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$50.5M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$42.9M |
ALK Hedge Fund Activity: Q4 2018 in Review
536 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q4 2018, worth a combined $6.66B — down 16% from $7.94B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new ALK positions and 64 closed out — a net gain of 32 holders — while 158 added to existing stakes and 204 trimmed.
The largest buyer was Causeway Capital Management, opening a new position worth an estimated $205M. The largest seller was Bank of America, cutting an estimated $462M.
- 536 institutional investors held Alaska Air (ALK) as of Q4 2018, up from 507 in Q3 2018.
- Funds reported $6.66B of Alaska Air stock for Q4 2018, down 16% quarter-over-quarter.
- 96 funds opened new Alaska Air positions in Q4 2018 and 64 closed out, a net change of +32 holders.
- The largest Alaska Air buyer in Q4 2018 was Causeway Capital Management, an estimated $205M added.
- The largest Alaska Air seller in Q4 2018 was Bank of America, an estimated $462M sold.
Based on aggregated 13F filings for Q4 2018.