Alta Equipment Group
ALTG
112 hedge funds and large institutions have $278M invested in Alta Equipment Group in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 55 increasing their positions, 29 reducing their positions, and 12 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 29
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
1% more funds holding
Funds holding: 111 → 112 (+1)
0.18% more ownership
Funds ownership: 71.11% → 71.3% (+0.18%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less capital invested
Capital invested by funds: $399M → $278M (-$121M)
100% less call options, than puts
Call options by funds: $7K | Put options by funds: $2.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$5.65M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
+$4.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.56M |
| 4 |
BlackRock
New York
|
+$4.35M |
| 5 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$37.8M |
| 2 |
Millennium Management
New York
|
-$2.13M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$1.5M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$1.23M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.1M |
ALTG Hedge Fund Activity: Q3 2023 in Review
112 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q3 2023, worth a combined $278M — down 30% from $399M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ALTG positions and 12 closed out — a net gain of 3 holders — while 55 added to existing stakes and 29 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $5.65M. The largest seller was B. Riley Financial, cutting an estimated $37.8M.
- 112 institutional investors held Alta Equipment Group (ALTG) as of Q3 2023, up from 111 in Q2 2023.
- Funds reported $278M of Alta Equipment Group stock for Q3 2023, down 30% quarter-over-quarter.
- 15 funds opened new Alta Equipment Group positions in Q3 2023 and 12 closed out, a net change of +3 holders.
- The largest Alta Equipment Group buyer in Q3 2023 was Adage Capital Partners, an estimated $5.65M added.
- The largest Alta Equipment Group seller in Q3 2023 was B. Riley Financial, an estimated $37.8M sold.
Based on aggregated 13F filings for Q3 2023.