Alta Equipment Group
ALTG
72 hedge funds and large institutions have $276M invested in Alta Equipment Group in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
8% more capital invested
Capital invested by funds: $255M → $276M (+$21M)
7% more funds holding
Funds holding: 67 → 72 (+5)
1.05% less ownership
Funds ownership: 65.36% → 64.3% (-1.1%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
75% less call options, than puts
Call options by funds: $741K | Put options by funds: $3.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$5.03M |
| 2 |
Morgan Stanley
New York
|
+$3.85M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$2.67M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.34M |
| 5 |
BlackRock
New York
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$2.5M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$2.45M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$1.56M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$596K |
| 5 |
Two Sigma Investments
New York
|
-$578K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
California Public Employees Retirement System
Sacramento,
California
| – | -$451K | -34,700 | Closed |
|
77
Creative Planning
Overland Park,
Kansas
| – | -$130K | -10,000 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6K | -487 | Closed |
|
|
CG
79
Cutler Group
San Francisco,
California
| – | -$3K | -300 | Closed |
|
|
GI
80
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -100 | Closed |
|
|
HNB
81
Huntington National Bank
Columbus,
Ohio
| – | -$1K | -100 | Closed |
|
ALTG Hedge Fund Activity: Q2 2021 in Review
72 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q2 2021, worth a combined $276M — up 8.2% from $255M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ALTG positions and 9 closed out — a net gain of 5 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was B. Riley Financial, adding an estimated $5.03M. The largest seller was Russell Investments Group, cutting an estimated $2.5M.
- 72 institutional investors held Alta Equipment Group (ALTG) as of Q2 2021, up from 67 in Q1 2021.
- Funds reported $276M of Alta Equipment Group stock for Q2 2021, up 8.2% quarter-over-quarter.
- 14 funds opened new Alta Equipment Group positions in Q2 2021 and 9 closed out, a net change of +5 holders.
- The largest Alta Equipment Group buyer in Q2 2021 was B. Riley Financial, an estimated $5.03M added.
- The largest Alta Equipment Group seller in Q2 2021 was Russell Investments Group, an estimated $2.5M sold.
Based on aggregated 13F filings for Q2 2021.