Alaska Air
454 hedge funds and large institutions have $3.78B invested in Alaska Air in 2026 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 156 increasing their positions, 130 reducing their positions, and 97 closing their positions.
44% more capital inflows, than outflows
Capital inflows: $1.71B | Capital outflows: $1.19B
20% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 130
0.89% more ownership
Funds ownership: 88.76% → 89.65% (+0.89%)
6% less first-time investments, than exits
New positions opened: 91 | Existing positions closed: 97
3% less funds holding
Funds holding: 468 → 454 (-14)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
23% less call options, than puts
Call options by funds: $99.4M | Put options by funds: $130M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$212M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$170M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$85.7M |
| 4 |
Semper Augustus Investments Group
Highlands Ranch,
Colorado
|
+$62M |
| 5 |
BlackRock
New York
|
+$59.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$142M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$130M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$89.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$81.8M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$68.3M |
ALK Hedge Fund Activity: Q1 2026 in Review
454 of the 8,218 institutional investors tracked by Wall St. Rank reported a position in Alaska Air (ALK) for Q1 2026, worth a combined $3.78B — down 27% from $5.18B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of ALK and 91 opened new positions — a net loss of 6 holders — while 130 trimmed existing stakes and 156 added.
The largest buyer was DZ Bank, opening a new position worth an estimated $212M. The largest seller was Fidelity Investments, cutting an estimated $142M.
- 454 institutional investors held Alaska Air (ALK) as of Q1 2026, down from 468 in Q4 2025.
- Funds reported $3.78B of Alaska Air stock for Q1 2026, down 27% quarter-over-quarter.
- 91 funds opened new Alaska Air positions in Q1 2026 and 97 closed out, a net change of -6 holders.
- The largest Alaska Air buyer in Q1 2026 was DZ Bank, an estimated $212M added.
- The largest Alaska Air seller in Q1 2026 was Fidelity Investments, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2026.