Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Allegiant Travel Co (ALGT)

237 + Investors. Track Smart Money conviction in ALGT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
2Q ▲
Buyers last Q
56%

Smart Money Signals — ALGT

Based on 238 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ALGT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
238 hedge funds hold ALGT right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

126 buying101 selling
Last quarter: 126 funds bought or added vs 101 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~45 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 40 → 27 → 42 → 45. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 16% medium ■ 20% new
152 out of 238 hedge funds have held ALGT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

52 → 40 → 27 → 42 → 45 new funds/Q
New funds entering each quarter: 40 → 27 → 42 → 45. A growing number of institutions are discovering ALGT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 71% veterans vs 20% newcomers

■ 71% veterans ■ 9% 1-2yr ■ 20% new
Entry-cohort mix of 245 holders: 175 (71%) are 2+ year veterans, 22 entered 1–2 years ago, and 48 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
42 of 236 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ALGT

In 2026 Q1, 126 hedge funds were net buyers of ALGT (45 opened a new position, 81 added to an existing one), while 101 reduced or exited (71 trimmed, 30 sold completely) — a 56% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 34% of total institutional value in ALGT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 238.

Hedge Fund Ownership: ALGT

How many hedge funds hold ALGT — quarterly history vs. share price
Quarterly hedge fund ownership of ALGT vs. share price

Market Analysis: ALGT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ALGT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Allegiant Travel Co (ALGT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ALGT has moved relative to its sector benchmark (XLI) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 82d ago
ALGT
nan%
XLI
+11.9%

ALGT outperformed XLI by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
ALGT
nan%
XLI
+5.5%

Since the filing became public, ALGT outperformed XLI by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

21 top-rated funds 2 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: ALGT
237 + Investors

Track Smart Money conviction in ALGT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 237 223 6.28%
13F Shares 19M 17M 14.8%
Total Value $1.44B $1.42B 1.51%
New Positions 44 42 +2
Increased Positions 79 51 +28
Closed Positions 30 33 -3
Reduced Positions 69 93 -24
Total Calls 4 5 -20.0%
Total Puts 5 5 -
PUT/CALL Ratio 1.25 1.0 Bearish

Statistics: ALGT

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

237 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ALGT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ALGT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Turas Capital Management LP 7.54% 364,159 $29.5M
2 U S Global Investors Inc 2.83% 299,225 $24.2M
3 Donald Smith & CO., INC. 2.43% 1,668,046 $135.2M
4 Par Capital Management Inc 1.99% 846,191 $68.6M
5 Emerald Advisers, LLC 0.87% 338,033 $27.4M
6 Emerald Mutual Fund Advisers Trust 0.83% 211,825 $17.2M
7 Heartland Advisors Inc 0.76% 184,005 $14.9M
8 Landscape Capital Management, L.L.C. 0.56% 108,018 $8.8M
9 Frontier Capital Management Co LLC 0.50% 601,215 $48.7M
10 PDT Partners, LLC 0.22% 45,369 $3.7M
11 Bridgeway Capital Management, LLC 0.21% 131,534 $10.7M
12 Oldfield Partners LLP 0.21% 10,355 $839K
13 DRW Securities, LLC 0.17% 150,300 $12.2M
14 Bridgefront Capital, LLC 0.13% 6,654 $539K
15 Advisors Preferred, LLC 0.13% 10,783 $874K
16 Uncommon Cents Investing LLC 0.10% 5,515 $447K
17 Segall Bryant & Hamill, LLC 0.10% 75,246 $6.2M
18 Jacobs Levy Equity Management, Inc 0.09% 271,306 $22.0M
19 Susquehanna Fundamental Investments, LLC 0.09% 29,572 $2.4M
20 Longaeva Partners L.P. 0.09% 29,244 $2.4M
21 Bayforest Capital Ltd 0.07% 765 $62K
22 Advisors Asset Management, Inc. 0.06% 46,396 $3.8M
23 Silver Oak Securities, Incorporated 0.06% 10,545 $855K
24 WINTON GROUP Ltd 0.06% 21,400 $1.7M
25 Sierra Summit Advisors LLC 0.06% 4,672 $379K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Allegiant Travel Co (ALGT)

What does the Smart Money Trend signal show for ALGT?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ALGT than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ALGT?

Slight buying edge — 56% buying: Last quarter: 126 funds bought or added vs 101 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ALGT holders?

Strong quality — 34% AUM from major funds: 42 of 236 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ALGT?

64% of holders stayed for 2+ years: 152 out of 238 hedge funds have held ALGT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Allegiant Travel Co (ALGT) following the 2026 Q1 hedge fund 13F filings?

As of today, ALGT has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.5% for the XLI sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), ALGT has gained nan% vs +11.9% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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