Alta Equipment Group
ALTG
102 hedge funds and large institutions have $364M invested in Alta Equipment Group in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 27 reducing their positions, and 12 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 27
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
34% more capital invested
Capital invested by funds: $273M → $364M (+$91.5M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more funds holding
Funds holding: 96 → 102 (+6)
6.03% more ownership
Funds ownership: 65.4% → 71.43% (+6%)
98% less call options, than puts
Call options by funds: $53K | Put options by funds: $2.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
+$13.9M |
| 2 |
BlackRock
New York
|
+$11.6M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$9.39M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.33M |
| 5 |
Morgan Stanley
New York
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$9.43M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.65M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$3.41M |
| 4 |
Millennium Management
New York
|
-$2.92M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.84M |
ALTG Hedge Fund Activity: Q1 2023 in Review
102 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q1 2023, worth a combined $364M — up 34% from $273M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ALTG positions and 12 closed out — a net gain of 7 holders — while 45 added to existing stakes and 27 trimmed.
The largest buyer was Voss Capital, adding an estimated $13.9M. The largest seller was Nantahala Capital Management, cutting an estimated $9.43M.
- 102 institutional investors held Alta Equipment Group (ALTG) as of Q1 2023, up from 96 in Q4 2022.
- Funds reported $364M of Alta Equipment Group stock for Q1 2023, up 34% quarter-over-quarter.
- 19 funds opened new Alta Equipment Group positions in Q1 2023 and 12 closed out, a net change of +7 holders.
- The largest Alta Equipment Group buyer in Q1 2023 was Voss Capital, an estimated $13.9M added.
- The largest Alta Equipment Group seller in Q1 2023 was Nantahala Capital Management, an estimated $9.43M sold.
Based on aggregated 13F filings for Q1 2023.