Alta Equipment Group
ALTG
44 hedge funds and large institutions have $65.7M invested in Alta Equipment Group in 2020 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
7% more funds holding
Funds holding: 41 → 44 (+3)
16.6% less ownership
Funds ownership: 68.69% → 52.09% (-17%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
36% less capital invested
Capital invested by funds: $102M → $65.7M (-$36.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$49.9M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$20.6M |
| 3 |
OP
Omni Partners
London,
United Kingdom
|
+$11.2M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$8.71M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$7.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.4M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$8.53M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$5.5M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.42M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.87M |
ALTG Hedge Fund Activity: Q1 2020 in Review
44 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q1 2020, worth a combined $65.7M — down 36% from $102M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ALTG positions and 31 closed out — a net gain of 4 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was B. Riley Financial, adding an estimated $49.9M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $9.4M sold.
- 44 institutional investors held Alta Equipment Group (ALTG) as of Q1 2020, up from 41 in Q4 2019.
- Funds reported $65.7M of Alta Equipment Group stock for Q1 2020, down 36% quarter-over-quarter.
- 35 funds opened new Alta Equipment Group positions in Q1 2020 and 31 closed out, a net change of +4 holders.
- The largest Alta Equipment Group buyer in Q1 2020 was B. Riley Financial, an estimated $49.9M added.
- The largest Alta Equipment Group seller in Q1 2020 was Polar Asset Management Partners, an estimated $9.4M sold.
Based on aggregated 13F filings for Q1 2020.