Alpine Associates Management’s Kellanova K Stock Holding History

Alpine Associates Management’s Portfolio K Stock Details K Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,312,677	Closed	-$108M	–	81
2025 Q3	$108M	Sell	1,312,677 -116,698	-8%	-$9.28M	6.5%	3
2025 Q2	$114M	Buy	1,429,375 +271,225	+23%	+$22.2M	6.06%	4
2025 Q1	$95.5M	Buy	1,158,150 +545,300	+89%	+$44.8M	5%	5
2024 Q4	$49.6M	Buy	612,850 +296,150	+94%	+$23.9M	3.01%	9
2024 Q3	$25.6M	Buy	+316,700	New	+$22.5M	1.17%	24

Other funds holding K

DekaBank Deutsche Girozentrale Frankfurt, Germany $60.6B AUM 23.27% 1-Year Est. Return

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

BPMC

Buckland Partners Management Co Harrison, New York $165M AUM

TIM

Tevis Investment Management Plano, Texas $176M AUM 18.14% 1-Year Est. Return

FAMI

Fideuram Asset Management (Ireland) Dublin 1 $5.26B AUM

HNB

Huntington National Bank Columbus, Ohio $18.1B AUM 24.69% 1-Year Est. Return

Alpine Associates Management's K Position: Q4 2025 in Review

Alpine Associates Management sold out of Kellanova (K) in Q4 2025, closing a stake of 1,312,677 shares — an estimated $108M sold.

Alpine Associates Management first reported a position in K in Q3 2024 and held it in 5 quarters. The position peaked at $114M in Q2 2025. 6 funds tracked by Wall St. Rank hold K as of Q4 2025.

Alpine Associates Management reported no remaining Kellanova position as of Q4 2025 after selling out during the quarter.
Alpine Associates Management sold 1,312,677 Kellanova shares in Q4 2025, an estimated $108M.
Alpine Associates Management first reported a position in Kellanova in Q3 2024 and held it in 5 quarters.
Alpine Associates Management's Kellanova position peaked at $114M in Q2 2025.
6 funds tracked by Wall St. Rank held Kellanova as of Q4 2025.

Based on Alpine Associates Management's 13F filing for Q4 2025, filed 5 Feb 2026.