Privium takes a $27.2M Alaska Air stake, its second-largest holding
What's the deal? Privium Fund Management UK LtdDealroom has a profile for this one. Try Dealroom → bought a new $27.2 million stake in Alaska Air GroupDealroom has a profile for this one. Try Dealroom → during the second quarter of 2026, according to its latest 13F filing with the Securities and Exchange Commission. The fund acquired 523,685 shares, giving it 0.47% of the airline.
Why it matters: The position accounts for roughly 11.3% of Privium's portfolio, making Alaska Air GroupDealroom has a profile for this one. Try Dealroom → its second-largest holding. That is a concentrated bet on a single carrier.
What the company does: Alaska Air Group is the parent of the US passenger airline. Its shares opened at $45.88 on 17 August 2026, within a 12-month range of $33.03 to $65.88, and it carries a market capitalisation of $5.11 billion.
The numbers: Alaska Air Group has a P/E ratio of -29.22 and a debt-to-equity ratio of 1.58. Its current ratio of 0.55 and quick ratio of 0.51 point to a tight near-term liquidity position.
What could go wrong? ZacksDealroom has a profile for this one. Try Dealroom → maintained a Hold rating and expects a full-year 2026 loss of $1.54 per share, though that is narrower than its prior $2.54 estimate. The firm cut its FY2027 forecast to $6.20 from $6.31, signalling concern about the pace of any recovery.
The signal: Institutional investors and hedge funds own 81.9% of Alaska Air Group, and several smaller funds also opened or raised positions during the quarter. Privium's outsized allocation stands out against a backdrop of analysts still forecasting a loss this year.
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