Alta Equipment Group
ALTG
123 hedge funds and large institutions have $314M invested in Alta Equipment Group in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 53 increasing their positions, 33 reducing their positions, and 16 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 33
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more funds holding
Funds holding: 115 → 123 (+8)
4% more capital invested
Capital invested by funds: $303M → $314M (+$10.9M)
1.74% less ownership
Funds ownership: 75.79% → 74.06% (-1.7%)
78% less call options, than puts
Call options by funds: $1.36M | Put options by funds: $6.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2C
272 Capital
Dallas,
Texas
|
+$13.2M |
| 2 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$10.2M |
| 3 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$8.02M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$6.27M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$44.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.37M |
| 3 |
Morgan Stanley
New York
|
-$6.72M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$2.94M |
| 5 |
BlackRock
New York
|
-$2.52M |
ALTG Hedge Fund Activity: Q1 2024 in Review
123 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q1 2024, worth a combined $314M — up 3.6% from $303M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ALTG positions and 16 closed out — a net gain of 9 holders — while 53 added to existing stakes and 33 trimmed.
The largest buyer was 272 Capital, adding an estimated $13.2M. The largest seller was B. Riley Financial, exiting entirely with an estimated $44.7M sold.
- 123 institutional investors held Alta Equipment Group (ALTG) as of Q1 2024, up from 115 in Q4 2023.
- Funds reported $314M of Alta Equipment Group stock for Q1 2024, up 3.6% quarter-over-quarter.
- 25 funds opened new Alta Equipment Group positions in Q1 2024 and 16 closed out, a net change of +9 holders.
- The largest Alta Equipment Group buyer in Q1 2024 was 272 Capital, an estimated $13.2M added.
- The largest Alta Equipment Group seller in Q1 2024 was B. Riley Financial, an estimated $44.7M sold.
Based on aggregated 13F filings for Q1 2024.