{
  "id": 7782992,
  "title": "Alluvium Bought More Ryanair (RYAAY) on Weakness — Then Trimmed After the Rebound",
  "url": "https://urgent.news/2026/09/16/alluvium-bought-more-ryanair-ryaay-on-weakness-then-trimmed-after-the",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T12:11:20.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/alluvium-bought-more-ryanair-ryaay-121120647.html"
  },
  "original_language": "en",
  "account": "Alluvium Asset Management, an asset management firm, revealed its Conventum – Alluvium Global Fund's second-quarter 2026 investor letter. This letter can be accessed via the provided download link. The second quarter experienced a notable transition from geopolitical uncertainty and oil market instability to an intense equity rally, primarily driven by semiconductor firms. Despite this overall market surge, the Fund experienced a decline of 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Some holdings, like Alphabet, capitalized on strong cloud growth, while others, such as Robert Half, H&R Block, and others, reported solid gains. However, cable businesses and several healthcare and consumer holdings negatively impacted performance. The letter addressed Ryanair Holdings plc (NASDAQ:RYAAY), an Ireland-based airline company. The company's shares closed at $51.95 per share on September 15, 2026. Over the past month, Ryanair's stock dipped 5.18%, and over the past 52 weeks, it plummeted by 9.81%. The company's market capitalization stands at $26.32 billion, with its share price fluctuating between $51.68 and $74.24 over the past year. Conventum – Alluvium Global Fund disclosed that it had bolstered its position in Ryanair Holdings plc (NASDAQ:RYAAY) by adding to its investment, as the stock price was struggling. However, due to its subsequent rebound, the Fund was compelled to divest a portion of its holdings, causing Ryanair to account for 9.9% of the Fund. Ryanair Holdings plc (NASDAQ:RYAAY) does not feature on the list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 23 hedge fund portfolios held Ryanair Holdings plc (NASDAQ:RYAAY) at the end of the second quarter, a decline from 29 in the previous quarter. Though we recognize Ryanair's investment potential, we believe that certain AI stocks present greater upside potential and lower downside risk. For those interested in an exceptionally undervalued AI stock that could benefit significantly from Trump-era tariffs and the onshoring trend, we recommend our complimentary report on the best short-term AI stock. Additionally, our recent article explored whether Ryanair's new AI deal could mitigate falling fares. For further reading, please refer to our hedge fund investor letters Q2 2026 page, which compiles investor letters from prominent hedge funds and other leading investors.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}