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Alaska Air

466 hedge funds and large institutions have $3.69B invested in Alaska Air in 2023 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 148 increasing their positions, 171 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.24% less ownership

Funds ownership: 80.43%78.19% (-2.2%)

6% less funds holding

Funds holding: 497466 (-31)

13% less repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 171

27% less first-time investments, than exits

New positions opened: 67 | Existing positions closed: 92

33% less capital invested

Capital invested by funds: $5.47B → $3.69B (-$1.79B)

36% less call options, than puts

Call options by funds: $65.5M | Put options by funds: $102M

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
466
Holders Change
-31
Holders Change %
-6.24%
% of All Funds
7.4%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
67
Increased
148
Reduced
171
Closed
92
Calls
$65.5M
Puts
$102M
Net Calls
-$36.2M
Net Calls Change
-$14.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$536M +$2.17M +47,871 +0.3%
Victory Capital Management
2
Victory Capital Management
Texas
$296M -$2.3M -50,791 -0.6%
BlackRock
3
BlackRock
New York
$289M -$6.73M -148,502 -2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$177M +$24.2M +534,314 +13%
State Street
5
State Street
Massachusetts
$151M -$1.97M -43,599 -1%
Primecap Management
6
Primecap Management
California
$144M -$772K -17,040 -0.4%
Invesco
7
Invesco
Georgia
$128M +$24.3M +537,147 +18%
LSV Asset Management
8
LSV Asset Management
Illinois
$126M -$844K -18,640 -0.5%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$104M +$2.73M +60,278 +2%
Morgan Stanley
10
Morgan Stanley
New York
$96M -$14.7M -324,990 -11%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$94.7M +$16.2M +358,749 +16%
AllianceBernstein
12
AllianceBernstein
Tennessee
$91.5M -$5.66M -124,877 -5%
Boston Partners
13
Boston Partners
Massachusetts
$85.8M -$22.5M -497,095 -18%
Capital World Investors
14
Capital World Investors
California
$83.9M +$11.9M +262,045 +13%
Massachusetts Financial Services
15
Massachusetts Financial Services
Massachusetts
$60.5M +$94.7K +2,091 +0.1%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$45M +$3.25M +71,726 +6%
Diamond Hill Capital Management
17
Diamond Hill Capital Management
Ohio
$43M +$1.15M +25,363 +2%
Charles Schwab
18
Charles Schwab
California
$42.8M +$465K +10,264 +0.9%
Citadel Advisors
19
Citadel Advisors
Florida
$42.8M +$52.2M +1,153,733 +115,373,300%
USGIU
20
U.S. Global Investors (USGI)
Texas
$42M +$2.25M +49,730 +5%
PCM
21
PAR Capital Management
Massachusetts
$40M -$5.43M -120,000 -10%
Bank of America
22
Bank of America
North Carolina
$38.4M +$9.42M +207,998 +25%
Northern Trust
23
Northern Trust
Illinois
$38M +$1.86M +41,068 +4%
ClearBridge Investments
24
ClearBridge Investments
New York
$33.4M -$4.36M -96,320 -10%
BGIM
25
Brandywine Global Investment Management
Pennsylvania
$30.9M -$1.5M -33,055 -4%

ALK Hedge Fund Activity: Q3 2023 in Review

466 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q3 2023, worth a combined $3.69B — down 33% from $5.47B a quarter earlier.

Sellers outnumbered buyers: 92 funds closed out of ALK and 67 opened new positions — a net loss of 25 holders — while 171 trimmed existing stakes and 148 added.

The largest buyer was Citadel Advisors, adding an estimated $52.2M. The largest seller was Point72 Asset Management, cutting an estimated $90.6M.

  • 466 institutional investors held Alaska Air (ALK) as of Q3 2023, down from 497 in Q2 2023.
  • Funds reported $3.69B of Alaska Air stock for Q3 2023, down 33% quarter-over-quarter.
  • 67 funds opened new Alaska Air positions in Q3 2023 and 92 closed out, a net change of -25 holders.
  • The largest Alaska Air buyer in Q3 2023 was Citadel Advisors, an estimated $52.2M added.
  • The largest Alaska Air seller in Q3 2023 was Point72 Asset Management, an estimated $90.6M sold.

Based on aggregated 13F filings for Q3 2023.