Alaska Air
494 hedge funds and large institutions have $6.18B invested in Alaska Air in 2019 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 199 increasing their positions, 170 reducing their positions, and 104 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 170
0.32% more ownership
Funds ownership: 88.78% → 89.09% (+0.32%)
7% less capital invested
Capital invested by funds: $6.66B → $6.18B (-$480M)
8% less funds holding
Funds holding: 536 → 494 (-42)
37% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 104
40% less call options, than puts
Call options by funds: $73M | Put options by funds: $121M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$110M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$71.5M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$45.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$44.8M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$43.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$100M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$32.7M |
| 3 |
JP Morgan Chase
New York
|
-$31.5M |
| 4 |
Goldman Sachs
New York
|
-$28.2M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$28M |
ALK Hedge Fund Activity: Q1 2019 in Review
494 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q1 2019, worth a combined $6.18B — down 7.2% from $6.66B a quarter earlier.
Sellers outnumbered buyers: 104 funds closed out of ALK and 66 opened new positions — a net loss of 38 holders — while 170 trimmed existing stakes and 199 added.
The largest buyer was Victory Capital Management, adding an estimated $110M. The largest seller was T. Rowe Price Associates, cutting an estimated $100M.
- 494 institutional investors held Alaska Air (ALK) as of Q1 2019, down from 536 in Q4 2018.
- Funds reported $6.18B of Alaska Air stock for Q1 2019, down 7.2% quarter-over-quarter.
- 66 funds opened new Alaska Air positions in Q1 2019 and 104 closed out, a net change of -38 holders.
- The largest Alaska Air buyer in Q1 2019 was Victory Capital Management, an estimated $110M added.
- The largest Alaska Air seller in Q1 2019 was T. Rowe Price Associates, an estimated $100M sold.
Based on aggregated 13F filings for Q1 2019.