Alta Equipment Group
ALTG
67 hedge funds and large institutions have $255M invested in Alta Equipment Group in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
33% more capital invested
Capital invested by funds: $191M → $255M (+$63.7M)
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
8% more funds holding
Funds holding: 62 → 67 (+5)
0.83% more ownership
Funds ownership: 64.53% → 65.36% (+0.83%)
95% less call options, than puts
Call options by funds: $130K | Put options by funds: $2.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$9.12M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$1.3M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$1.06M |
| 4 |
Two Sigma Investments
New York
|
+$721K |
| 5 |
Two Sigma Advisers
New York
|
+$491K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$6.25M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$2.12M |
| 3 |
BMCM
Black Maple Capital Management
Milwaukee,
Wisconsin
|
-$741K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$252K |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$228K |
ALTG Hedge Fund Activity: Q1 2021 in Review
67 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q1 2021, worth a combined $255M — up 33% from $191M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ALTG positions and 4 closed out — a net gain of 6 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Mill Road Capital Management, opening a new position worth an estimated $9.12M. The largest seller was Nantahala Capital Management, cutting an estimated $6.25M.
- 67 institutional investors held Alta Equipment Group (ALTG) as of Q1 2021, up from 62 in Q4 2020.
- Funds reported $255M of Alta Equipment Group stock for Q1 2021, up 33% quarter-over-quarter.
- 10 funds opened new Alta Equipment Group positions in Q1 2021 and 4 closed out, a net change of +6 holders.
- The largest Alta Equipment Group buyer in Q1 2021 was Mill Road Capital Management, an estimated $9.12M added.
- The largest Alta Equipment Group seller in Q1 2021 was Nantahala Capital Management, an estimated $6.25M sold.
Based on aggregated 13F filings for Q1 2021.