Alaska Air
434 hedge funds and large institutions have $2.81B invested in Alaska Air in 2020 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 174 increasing their positions, 141 reducing their positions, and 155 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 141
7.69% less ownership
Funds ownership: 88.28% → 80.59% (-7.7%)
19% less funds holding
Funds holding: 536 → 434 (-102)
33% less call options, than puts
Call options by funds: $37.1M | Put options by funds: $55.8M
59% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 155
62% less capital invested
Capital invested by funds: $7.36B → $2.81B (-$4.55B)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$57.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$53.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$47.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$42.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$177M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$107M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$79.5M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$75.5M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$70.7M |
ALK Hedge Fund Activity: Q1 2020 in Review
434 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q1 2020, worth a combined $2.81B — down 62% from $7.36B a quarter earlier.
Sellers outnumbered buyers: 155 funds closed out of ALK and 63 opened new positions — a net loss of 92 holders — while 141 trimmed existing stakes and 174 added.
The largest buyer was Parnassus Investments, adding an estimated $57.1M. The largest seller was Franklin Resources, cutting an estimated $177M.
- 434 institutional investors held Alaska Air (ALK) as of Q1 2020, down from 536 in Q4 2019.
- Funds reported $2.81B of Alaska Air stock for Q1 2020, down 62% quarter-over-quarter.
- 63 funds opened new Alaska Air positions in Q1 2020 and 155 closed out, a net change of -92 holders.
- The largest Alaska Air buyer in Q1 2020 was Parnassus Investments, an estimated $57.1M added.
- The largest Alaska Air seller in Q1 2020 was Franklin Resources, an estimated $177M sold.
Based on aggregated 13F filings for Q1 2020.