Transportation Services

More specifically, Moab Capital Partners was the largest shareholder of Air Transportation Services Group Inc. (NASDAQ:ATSG), with a stake worth $35.6 million reported as of the end of September. Trailing Moab Capital Partners was Polar Capital, which amassed a stake valued at $25 million. Private Capital Management, Prescott Group Capital Management, and D E Shaw were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position Moab Capital Partners allocated the biggest weight to Air Transportation Services Group Inc. (NASDAQ:ATSG), around 14.77% of its 13F portfolio. Private Capital Management is also relatively very bullish on the stock, earmarking 6.78 percent of its 13F equity portfolio to ATSG.

Now, key money managers were breaking ground themselves. Intrinsic Edge Capital, managed by Mark Coe, created the largest position in Air Transportation Services Group Inc. (NASDAQ:ATSG). Intrinsic Edge Capital had $5.4 million invested in the company at the end of the quarter. Paul Marshall and Ian Wace's Marshall Wace LLP also made a $0.6 million investment in the stock during the quarter. The other funds with brand new ATSG positions are Paul Tudor Jones's Tudor Investment Corp and Greg Eisner's Engineers Gate Manager.

Let's also examine hedge fund activity in other stocks similar to Air Transportation Services Group Inc. (NASDAQ:ATSG). These stocks are Tompkins Financial Corporation (NYSE:TMP), PC Connection, Inc. (NASDAQ:CNXN), TG Therapeutics Inc (NASDAQ:TGTX), and Plug Power, Inc.