Alta Equipment Group
ALTG
115 hedge funds and large institutions have $185M invested in Alta Equipment Group in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 29 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 39
4.67% less ownership
Funds ownership: 74.06% → 69.38% (-4.7%)
7% less funds holding
Funds holding: 123 → 115 (-8)
24% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 29
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
41% less capital invested
Capital invested by funds: $314M → $185M (-$129M)
72% less call options, than puts
Call options by funds: $1.24M | Put options by funds: $4.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$7.88M |
| 2 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$5.1M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$4.41M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$3.52M |
| 5 |
RA
Royce & Associates
New York
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.14M |
| 2 |
2C
272 Capital
Dallas,
Texas
|
-$7.35M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$7.09M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.59M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$4.13M |
ALTG Hedge Fund Activity: Q2 2024 in Review
115 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q2 2024, worth a combined $185M — down 41% from $314M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ALTG and 22 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 48 added.
The largest buyer was Greenhaven Road Investment Management, adding an estimated $7.88M. The largest seller was BlackRock, cutting an estimated $8.14M.
- 115 institutional investors held Alta Equipment Group (ALTG) as of Q2 2024, down from 123 in Q1 2024.
- Funds reported $185M of Alta Equipment Group stock for Q2 2024, down 41% quarter-over-quarter.
- 22 funds opened new Alta Equipment Group positions in Q2 2024 and 29 closed out, a net change of -7 holders.
- The largest Alta Equipment Group buyer in Q2 2024 was Greenhaven Road Investment Management, an estimated $7.88M added.
- The largest Alta Equipment Group seller in Q2 2024 was BlackRock, an estimated $8.14M sold.
Based on aggregated 13F filings for Q2 2024.