Hi!
1.The manager stores all the alerts in /var/ossec/logs/alerts. This data is compressed and could be considered cold, but they are not easy to visualize if you delete them from the indexer. They have to be ingested, if you have storage problems you could try this:
2. Elasticsearch data:
You need to think about what do you need. Let's say you need all the data accesible from the dashboard. Then, you may consider adding a new node storing all the cold data.
Maybe you can create snapshots, to restore the snapshots you need an API call and you will be able to see the data again.