SCHEDULE: Donald Smith & Co. Discloses 9.65% Stake in Allegiant Travel

Investment advisor Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have reported a combined beneficial ownership of 9.65% of Allegiant Travel CO's common stock.

Summary

• Donald Smith & Co., Inc. and DSCO Value Fund, L.P. collectively beneficially own 1,770,021 shares of Allegiant Travel CO common stock.
• This represents 9.65% of the total outstanding common stock of Allegiant Travel CO.
• Donald Smith & Co., Inc. holds sole voting power over 1,686,831 shares and sole dispositive power over 1,752,791 shares.
• DSCO Value Fund, L.P. holds sole voting power and sole dispositive power over 17,230 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: Neutral to slightly positive, as a significant institutional stake is disclosed, but the filing itself contains no operational or financial performance data.

Positives

• Significant institutional investment by Donald Smith & Co., Inc. and DSCO Value Fund, L.P. indicates confidence in Allegiant Travel CO.
• The investment is stated to be for ordinary course of business, not for control, suggesting a passive, long-term investment perspective.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased institutional ownership may signal confidence and potentially attract further investor interest.
• Company Management: Awareness of a significant passive institutional shareholder.

Key Dates

Keywords

Allegiant Travel CO, Donald Smith & Co., DSCO Value Fund, Common Stock, Beneficial Ownership, SEC Filing, Schedule 13G, Investment Advisor, Airline Industry