Alta Equipment Group
ALTG
41 hedge funds and large institutions have $102M invested in Alta Equipment Group in 2019 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
48% more capital invested
Capital invested by funds: $69M → $102M (+$33.1M)
41% more funds holding
Funds holding: 29 → 41 (+12)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
21.82% more ownership
Funds ownership: 46.87% → 68.69% (+22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$10.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.36M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$3.97M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.85M |
| 5 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.73M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$6.03M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.79M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$2.52M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.89M |
ALTG Hedge Fund Activity: Q4 2019 in Review
41 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q4 2019, worth a combined $102M — up 48% from $69M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ALTG positions and 7 closed out — a net gain of 12 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $10.6M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $6.73M sold.
- 41 institutional investors held Alta Equipment Group (ALTG) as of Q4 2019, up from 29 in Q3 2019.
- Funds reported $102M of Alta Equipment Group stock for Q4 2019, up 48% quarter-over-quarter.
- 19 funds opened new Alta Equipment Group positions in Q4 2019 and 7 closed out, a net change of +12 holders.
- The largest Alta Equipment Group buyer in Q4 2019 was Castle Creek Arbitrage, an estimated $10.6M added.
- The largest Alta Equipment Group seller in Q4 2019 was Karpus Investment Management, an estimated $6.73M sold.
Based on aggregated 13F filings for Q4 2019.