Alta Equipment Group
ALTG
29 hedge funds and large institutions have $69M invested in Alta Equipment Group in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and closing their positions.
138% more capital invested
Capital invested by funds: $28.9M → $69M (+$40.1M)
107% more funds holding
Funds holding: 14 → 29 (+15)
25.01% more ownership
Funds ownership: 21.86% → 46.87% (+25%)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$6.94M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.67M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$5.82M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$5.4M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$5.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.55M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.97M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.96M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$97.5K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$63.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $181K | – | – | – |
|
|
PAM
27
Panagora Asset Management
Boston,
Massachusetts
| $47K | -$1.97M | -200,232 | -98% |
|
28
Morgan Stanley
New York
| $11K | +$10.4K | +1,064 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $5K | +$5.24K | +534 | New |
|
ALTG Hedge Fund Activity: Q3 2019 in Review
29 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q3 2019, worth a combined $69M — up 138% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ALTG positions and 0 closed out — a net gain of 16 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $6.94M. The largest seller was Weiss Asset Management, cutting an estimated $3.55M.
- 29 institutional investors held Alta Equipment Group (ALTG) as of Q3 2019, up from 14 in Q2 2019.
- Funds reported $69M of Alta Equipment Group stock for Q3 2019, up 138% quarter-over-quarter.
- 16 funds opened new Alta Equipment Group positions in Q3 2019 and 0 closed out, a net change of +16 holders.
- The largest Alta Equipment Group buyer in Q3 2019 was HSBC Holdings, an estimated $6.94M added.
- The largest Alta Equipment Group seller in Q3 2019 was Weiss Asset Management, an estimated $3.55M sold.
Based on aggregated 13F filings for Q3 2019.