Alta Equipment Group
ALTG
96 hedge funds and large institutions have $273M invested in Alta Equipment Group in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
21% more capital invested
Capital invested by funds: $225M → $273M (+$47.6M)
4% more funds holding
Funds holding: 92 → 96 (+4)
1.44% more ownership
Funds ownership: 63.96% → 65.4% (+1.4%)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
96% less call options, than puts
Call options by funds: $120K | Put options by funds: $3.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$4.33M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
+$3.31M |
| 3 |
Bank of New York Mellon
New York
|
+$2.04M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$961K |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$648K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.23M |
| 2 |
2C
272 Capital
Dallas,
Texas
|
-$1.78M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$1.51M |
| 4 |
Millennium Management
New York
|
-$877K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$603K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
101
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$155K | -14,006 | Closed |
|
102
American Century Companies
Kansas City,
Missouri
| – | -$125K | -11,362 | Closed |
|
103
BNP Paribas Financial Markets
Paris,
France
| – | -$103K | -9,325 | Closed |
|
|
CMF
104
Counterpoint Mutual Funds
San Diego,
California
| – | -$99K | -9,004 | Closed |
|
ALTG Hedge Fund Activity: Q4 2022 in Review
96 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q4 2022, worth a combined $273M — up 21% from $225M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ALTG positions and 8 closed out — a net gain of 4 holders — while 34 added to existing stakes and 33 trimmed.
The largest buyer was Mill Road Capital Management, adding an estimated $4.33M. The largest seller was Portolan Capital Management, cutting an estimated $2.23M.
- 96 institutional investors held Alta Equipment Group (ALTG) as of Q4 2022, up from 92 in Q3 2022.
- Funds reported $273M of Alta Equipment Group stock for Q4 2022, up 21% quarter-over-quarter.
- 12 funds opened new Alta Equipment Group positions in Q4 2022 and 8 closed out, a net change of +4 holders.
- The largest Alta Equipment Group buyer in Q4 2022 was Mill Road Capital Management, an estimated $4.33M added.
- The largest Alta Equipment Group seller in Q4 2022 was Portolan Capital Management, an estimated $2.23M sold.
Based on aggregated 13F filings for Q4 2022.