Alta Equipment Group
ALTG
111 hedge funds and large institutions have $399M invested in Alta Equipment Group in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 40 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
9% more capital invested
Capital invested by funds: $364M → $399M (+$34.5M)
9% more funds holding
Funds holding: 102 → 111 (+9)
3% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.32% less ownership
Funds ownership: 71.43% → 71.11% (-0.32%)
100% less call options, than puts
Call options by funds: $2K | Put options by funds: $3.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.18M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
+$3.01M |
| 3 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$2.59M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$2.23M |
| 5 |
BlackRock
New York
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$8.87M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$3.02M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.01M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.09M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.89M |
ALTG Hedge Fund Activity: Q2 2023 in Review
111 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q2 2023, worth a combined $399M — up 9.5% from $364M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ALTG positions and 11 closed out — a net gain of 9 holders — while 41 added to existing stakes and 40 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.18M. The largest seller was Federated Hermes, exiting entirely with an estimated $8.87M sold.
- 111 institutional investors held Alta Equipment Group (ALTG) as of Q2 2023, up from 102 in Q1 2023.
- Funds reported $399M of Alta Equipment Group stock for Q2 2023, up 9.5% quarter-over-quarter.
- 20 funds opened new Alta Equipment Group positions in Q2 2023 and 11 closed out, a net change of +9 holders.
- The largest Alta Equipment Group buyer in Q2 2023 was Wells Fargo, an estimated $5.18M added.
- The largest Alta Equipment Group seller in Q2 2023 was Federated Hermes, an estimated $8.87M sold.
Based on aggregated 13F filings for Q2 2023.