Allstate
1,172 hedge funds and large institutions have $22.4B invested in Allstate in 2023 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 338 increasing their positions, 527 reducing their positions, and 159 closing their positions.
44% more call options, than puts
Call options by funds: $213M | Put options by funds: $149M
0.9% more ownership
Funds ownership: 75.7% → 76.6% (+0.9%)
7% less funds holding
Funds holding: 1,257 → 1,172 (-85)
18% less capital invested
Capital invested by funds: $27.2B → $22.4B (-$4.86B)
36% less repeat investments, than reductions
Existing positions increased: 338 | Existing positions reduced: 527
37% less first-time investments, than exits
New positions opened: 100 | Existing positions closed: 159
47% less funds holding in top 10
Funds holding in top 10: 17 → 9 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$381M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$113M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$109M |
| 4 |
Millennium Management
New York
|
+$104M |
| 5 |
PCM
Palestra Capital Management
New York
|
+$78.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$312M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$248M |
| 3 |
State Street
Boston,
Massachusetts
|
-$139M |
| 4 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$136M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$136M |
ALL Hedge Fund Activity: Q1 2023 in Review
1,172 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Allstate (ALL) for Q1 2023, worth a combined $22.4B — down 18% from $27.2B a quarter earlier.
Sellers outnumbered buyers: 159 funds closed out of ALL and 100 opened new positions — a net loss of 59 holders — while 527 trimmed existing stakes and 338 added.
The largest buyer was Diamond Hill Capital Management, opening a new position worth an estimated $381M. The largest seller was DZ Bank, cutting an estimated $312M.
- 1,172 institutional investors held Allstate (ALL) as of Q1 2023, down from 1,257 in Q4 2022.
- Funds reported $22.4B of Allstate stock for Q1 2023, down 18% quarter-over-quarter.
- 100 funds opened new Allstate positions in Q1 2023 and 159 closed out, a net change of -59 holders.
- The largest Allstate buyer in Q1 2023 was Diamond Hill Capital Management, an estimated $381M added.
- The largest Allstate seller in Q1 2023 was DZ Bank, an estimated $312M sold.
Based on aggregated 13F filings for Q1 2023.