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Alaska Air Group, Inc.

ALK
Exchange
NYSE
Industry
Air Transportation, Scheduled
SEC CIK
0000766421

In the last 90 days, Alaska Air Group, Inc. insiders filed 1 open-market purchase and 1 sale; 491 institutions reported holding it in 13F filings for Q2 2026, worth $5.34B in total; Semper Augustus is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Alaska Air Group, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
467
−2 vs. Q3 2025
Shares held
103.0M
+482.5K (+0.5%) vs. Q3 2025
Total value
$5.18B
+$78.2M (+1.5%) vs. Q3 2025
New holders
80
141 more added
Sold out
82
175 more reduced

8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ALK on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 467 institutions
Q1 2021: 532 institutionsQ2 2021: 521 institutionsQ3 2021: 537 institutionsQ4 2021: 536 institutionsQ1 2022: 549 institutionsQ2 2022: 520 institutionsQ3 2022: 497 institutionsQ4 2022: 508 institutionsQ1 2023: 516 institutionsQ2 2023: 500 institutionsQ3 2023: 469 institutionsQ4 2023: 457 institutionsQ1 2024: 427 institutionsQ2 2024: 449 institutionsQ3 2024: 446 institutionsQ4 2024: 511 institutionsQ1 2025: 528 institutionsQ2 2025: 479 institutionsQ3 2025: 477 institutionsQ4 2025: 467 institutionsQ1 2026: 453 institutionsQ2 2026: 491 institutions
Value heldQ4 2025: $5.18B
Q1 2021: $6.68BQ2 2021: $5.70BQ3 2021: $5.53BQ4 2021: $4.76BQ1 2022: $5.50BQ2 2022: $3.83BQ3 2022: $3.86BQ4 2022: $4.41BQ1 2023: $4.31BQ2 2023: $5.47BQ3 2023: $3.69BQ4 2023: $4.03BQ1 2024: $4.57BQ2 2024: $4.53BQ3 2024: $4.92BQ4 2024: $7.18BQ1 2025: $5.46BQ2 2025: $5.05BQ3 2025: $5.11BQ4 2025: $5.18BQ1 2026: $3.78BQ2 2026: $5.34B
Institutions holding ALK and their total value by quarter
QuarterHoldersValue
Q2 2026491$5.34B
Q1 2026453$3.78B
Q4 2025467$5.18B
Q3 2025477$5.11B
Q2 2025479$5.05B
Q1 2025528$5.46B
Q4 2024511$7.18B
Q3 2024446$4.92B
Q2 2024449$4.53B
Q1 2024427$4.57B
Q4 2023457$4.03B
Q3 2023469$3.69B
Q2 2023500$5.47B
Q1 2023516$4.31B
Q4 2022508$4.41B
Q3 2022497$3.86B
Q2 2022520$3.83B
Q1 2022549$5.50B
Q4 2021536$4.76B
Q3 2021537$5.53B
Q2 2021521$5.70B
Q1 2021532$6.68B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Alaska Air Group, Inc.; share changes are against Q3 2025.

Institutions holding ALK in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc11,059,404$556.3M0.01%+110,628+1.0%Added
BlackRock, Inc.10,524,043$529.4M0.01%+236,553+2.3%Added
FMR LLC6,490,727$326.5M0.02%−4,901,342−43.0%Reduced
Dimensional Fund Advisors LP6,202,679$312.0M0.07%−70,405−1.1%Reduced
American Century Companies Inc4,331,564$217.9M0.11%+1,106,948+34.3%Added
State Street Corp3,421,192$172.1M0.01%−19,901−0.6%Reduced
Primecap Management Co3,260,830$164.0M0.12%−198,579−5.7%Reduced
Capital Research Global Investors3,175,350$159.7M0.03%+1,475,350+86.8%Added
Massachusetts Financial Services Co2,962,620$149.0M0.05%+588,119+24.8%Added
Citadel Advisors LLC2,528,634$127.2M0.09%−710,965−21.9%Reduced
Frontier Capital Management Co LLC2,280,772$114.7M1.22%+491,752+27.5%Added
Geode Capital Management, LLC2,149,777$108.2M0.01%+35,352+1.7%Added
Morgan Stanley1,921,213$96.6M0.01%+280,337+17.1%Added
Ameriprise Financial Inc1,901,583$95.6M0.02%+1,428,489+301.9%Added
Point72 Asset Management, L.P.1,826,766$91.9M0.14%+934,711+104.8%Added
Balyasny Asset Management LLC1,787,099$89.9M0.17%+811,147+83.1%Added
Par Capital Management Inc1,581,500$79.5M2.11%+462,198+41.3%Added
Bank of America Corp1,542,894$77.6M0.01%+348,781+29.2%Added
Causeway Capital Management LLC1,434,517$72.2M0.99%+1,434,517New
Two Sigma Investments, LP1,289,546$64.9M0.10%+320,006+33.0%Added
Charles Schwab Investment Management Inc1,217,975$61.3M0.01%+4,134+0.3%Added
Barclays PLC1,164,771$58.6M0.02%+428,415+58.2%Added
Jain Global LLC1,067,255$53.7M0.52%+1,067,255New
UBS Group AG1,046,061$52.6M0.01%−696,077−40.0%Reduced
Freestone Grove Partners LP974,582$49.0M0.35%+562,134+136.3%Added
Invesco Ltd.973,636$49.0M0.00%+153,340+18.7%Added
JPMorgan Chase & Co939,498$47.3M0.00%+733,326+355.7%Added
Northern Trust Corp911,639$45.9M0.01%−20,472−2.2%Reduced
Generate Investment Management Ltd800,000$40.2M1.84%+800,000New
ARGA Investment Management, LP754,321$37.9M1.03%+503,167+200.3%Added
Capital Fund Management S.A.727,847$36.6M0.35%+367,611+102.0%Added
Bank of New York Mellon Corp725,571$36.5M0.01%−478,127−39.7%Reduced
Two Sigma Advisers, LP687,900$34.6M0.07%+152,900+28.6%Added
Gotham Asset Management, LLC681,109$34.3M0.13%+373,973+121.8%Added
Franklin Resources Inc589,159$29.6M0.01%+567,900+2,671.3%Added
William Blair Investment Management, LLC535,121$26.9M0.08%−55,160−9.3%Reduced
Goldman Sachs Group Inc487,517$24.5M0.00%−2,017,555−80.5%Reduced
U S Global Investors Inc455,934$22.9M2.46%+84,569+22.8%Added
MetLife Investment Management416,737$21.0M0.10%+81,018+24.1%Added
Semper Augustus Investments Group LLCSuperinvestorSemper Augustus409,282$20.6M2.37%+30,691+8.1%Added
South Dakota Investment Council408,563$20.6M0.39%+73,061+21.8%Added
Stifel Financial Corp388,159$19.5M0.02%+7,935+2.1%Added
J. Goldman & Co LP386,094$19.4M0.75%+386,094New
Rhumbline Advisers385,346$19.4M0.02%+57,169+17.4%Added
Lodge Hill Capital, LLC382,800$19.3M3.64%−335,000−46.7%Reduced
BNP Paribas Arbitrage, SA359,112$18.1M0.01%−733,256−67.1%Reduced
LSV Asset Management331,899$16.7M0.04%+277,100+505.7%Added
Millennium Management LLC331,263$16.7M0.01%−203,722−38.1%Reduced
Diamond Hill Capital Management Inc287,930$14.5M0.07%+33,090+13.0%Added
Bridgewater Associates, LP272,861$13.7M0.05%+83,636+44.2%Added
SummitTX Capital, L.P.272,524$13.7M0.42%+268,480+6,639.0%Added
Quantinno Capital Management LP271,504$13.7M0.03%+108,793+66.9%Added
Principal Financial Group Inc263,030$13.2M0.01%−5,748−2.1%Reduced
Cobalt Capital Management, Inc.260,000$13.1M5.79%+260,000New
Retirement Systems of Alabama235,052$11.8M0.04%−211−0.1%Reduced
Private Advisory Group LLC226,465$11.4M0.90%+226,465New
First Trust Advisors LP215,304$10.8M0.01%+57,259+36.2%Added
Raymond James Financial Inc213,689$10.7M0.00%+20,302+10.5%Added
California Public Employees Retirement System209,919$10.6M0.01%−1,149−0.5%Reduced
Nuveen, LLC209,871$10.6M0.00%−2,478−1.2%Reduced
D.A. Davidson & Co.198,321$9.98M0.06%−167−0.1%Reduced
Allspring Global Investments Holdings, LLC189,233$9.75M0.02%−6,477−3.3%Reduced
Marshall Wace, LLP191,220$9.62M0.01%−229,803−54.6%Reduced
swisspartners Advisors Ltd190,290$9.56M6.94%+19,750+11.6%Added
Susquehanna International Group, LLP185,959$9.35M0.01%−319,950−63.2%Reduced
Norges Bank181,416$9.13M0.00%+181,416New
First Washington CORP164,307$8.26M2.14%−1,633−1.0%Reduced
Alliancebernstein L.P.162,705$8.18M0.00%+12,480+8.3%Added
Comerica Bank160,298$8.06M0.03%−6,507−3.9%Reduced
Thompson Siegel & Walmsley LLC156,859$7.89M0.13%+60,204+62.3%Added
AQR Capital Management LLC153,573$7.70M0.00%−817,030−84.2%Reduced
LPL Financial LLC150,652$7.58M0.00%+41,512+38.0%Added
Connor, Clark & Lunn Investment Management Ltd.142,459$7.17M0.02%+87,676+160.0%Added
Hudson Bay Capital Management LP140,395$7.06M0.04%+32,667+30.3%Added
Shellback Capital, LP140,000$7.04M0.67%−80,000−36.4%Reduced
Baird Financial Group, Inc.139,210$7.00M0.01%+10,228+7.9%Added
New York State Common Retirement Fund138,343$6.96M0.01%+55,355+66.7%Added
HRT Financial LP137,538$6.92M0.02%+68,321+98.7%Added
UBS Asset Management Americas Inc135,044$6.79M0.00%−25,386−15.8%Reduced
Towle & Co132,291$6.65M1.76%−7,711−5.5%Reduced
Citigroup Inc126,025$6.34M0.00%+92,507+276.0%Added
Davidson Kempner Capital Management LP125,000$6.29M0.09%+125,000New
Moore Capital Management, LP120,303$6.05M0.12%+120,303New
Creative Planning116,444$5.86M0.00%−2,949−2.5%Reduced
Heights Point Management, LP108,980$5.48M4.68%+108,980New
Allianz Asset Management GmbH108,818$5.47M0.01%−64,792−37.3%Reduced
Price T Rowe Associates Inc102,509$5.16M0.00%+4,247+4.3%Added
tru Independence LLC102,001$5.13M1.29%+4,290+4.4%Added
Lighthouse Investment Partners, LLC100,000$5.03M0.17%+15,752+18.7%Added
Group One Trading, L.P.99,599$5.01M0.15%+17,152+20.8%Added
Deroy & Devereaux Private Investment Counsel Inc99,470$5.00M0.24%−3,200−3.1%Reduced
State Board of Administration of Florida Retirement System99,429$5.00M0.01%−5,780−5.5%Reduced
Legal & General Group Plc98,735$4.97M0.00%−5,649−5.4%Reduced
New York State Teachers Retirement System97,041$4.88M0.01%−16,103−14.2%Reduced
Holocene Advisors, LP93,381$4.70M0.01%+93,381New
Victory Capital Management Inc88,828$4.47M0.00%+31,113+53.9%Added
Howard Capital Management Inc.88,489$4.45M0.06%−10.0%Reduced
Manufacturers Life Insurance Company, The84,297$4.24M0.00%−1,721−2.0%Reduced
HSBC Holdings PLC84,257$4.23M0.00%+49,762+144.3%Added
Schonfeld Strategic Advisors LLC82,245$4.14M0.02%−51,503−38.5%Reduced