Alta Equipment Group
ALTG
102 hedge funds and large institutions have $153M invested in Alta Equipment Group in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 37 reducing their positions, and 27 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 37
0.99% less ownership
Funds ownership: 69.38% → 68.39% (-0.99%)
11% less funds holding
Funds holding: 115 → 102 (-13)
18% less capital invested
Capital invested by funds: $185M → $153M (-$32.5M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
48% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 27
56% less call options, than puts
Call options by funds: $960K | Put options by funds: $2.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$5M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$3.02M |
| 3 |
CM
CastleKnight Management
New York
|
+$2.44M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.27M |
| 5 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$3.51M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$1.55M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.4M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$1.4M |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$1.18M |
ALTG Hedge Fund Activity: Q3 2024 in Review
102 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Alta Equipment Group (ALTG) for Q3 2024, worth a combined $153M — down 18% from $185M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of ALTG and 14 opened new positions — a net loss of 13 holders — while 37 trimmed existing stakes and 43 added.
The largest buyer was Mill Road Capital Management, adding an estimated $5M. The largest seller was Punch & Associates Investment Management, cutting an estimated $3.51M.
- 102 institutional investors held Alta Equipment Group (ALTG) as of Q3 2024, down from 115 in Q2 2024.
- Funds reported $153M of Alta Equipment Group stock for Q3 2024, down 18% quarter-over-quarter.
- 14 funds opened new Alta Equipment Group positions in Q3 2024 and 27 closed out, a net change of -13 holders.
- The largest Alta Equipment Group buyer in Q3 2024 was Mill Road Capital Management, an estimated $5M added.
- The largest Alta Equipment Group seller in Q3 2024 was Punch & Associates Investment Management, an estimated $3.51M sold.
Based on aggregated 13F filings for Q3 2024.