Alta Equipment Group
ALTG
115 hedge funds and large institutions have $303M invested in Alta Equipment Group in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 33 reducing their positions, and 14 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 33
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
9% more capital invested
Capital invested by funds: $278M → $303M (+$25.1M)
4.5% more ownership
Funds ownership: 71.3% → 75.79% (+4.5%)
3% more funds holding
Funds holding: 112 → 115 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
56% less call options, than puts
Call options by funds: $1.67M | Put options by funds: $3.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.21M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
+$5.87M |
| 3 |
BlackRock
New York
|
+$5.38M |
| 4 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$4.86M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$4.56M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$4.37M |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$2.41M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.29M |
| 5 |
FDS
First Dallas Securities
Dallas,
Texas
|
-$1.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$13.4K | -1,115 | Closed |
|
127
Group One Trading
Chicago,
Illinois
| – | -$9.6K | -889 | Closed |
|
128
US Bancorp
Minneapolis,
Minnesota
| – | -$2.38K | -197 | Closed |
|
|
PA
129
Parallel Advisors
San Francisco,
California
| – | -$1.89K | -157 | Closed |
|
ALTG Hedge Fund Activity: Q4 2023 in Review
115 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q4 2023, worth a combined $303M — up 9% from $278M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ALTG positions and 14 closed out — a net gain of 5 holders — while 51 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.21M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $4.56M sold.
- 115 institutional investors held Alta Equipment Group (ALTG) as of Q4 2023, up from 112 in Q3 2023.
- Funds reported $303M of Alta Equipment Group stock for Q4 2023, up 9% quarter-over-quarter.
- 19 funds opened new Alta Equipment Group positions in Q4 2023 and 14 closed out, a net change of +5 holders.
- The largest Alta Equipment Group buyer in Q4 2023 was Morgan Stanley, an estimated $6.21M added.
- The largest Alta Equipment Group seller in Q4 2023 was Adage Capital Partners, an estimated $4.56M sold.
Based on aggregated 13F filings for Q4 2023.