We are live on ! Find out more
AAM

Alpine Associates Management Portfolio holdings

AUM $1.6B
1-Year Est. Return 93.19%
This Fund
S&P 500
This Quarter Est. Return
+27.08%
1 Year Est. Return
+93.19%
3 Year Est. Return
+366.27%
5 Year Est. Return
+1,301.74%
10 Year Est. Return
+22,525.34%
AUM
$1.95B
AUM Growth
+$40.9M
Cap. Flow
-$124M
Cap. Flow %
-6.37%
Top 10 Hldgs %
63.49%
Holding
59
New
24
Increased
10
Reduced
2
Closed
22

Top Buys

Rank Stock Value
1
HES
Hess
HES
+$241M
2
SPLK
Splunk Inc
SPLK
+$176M
3
MRTX
Mirati Therapeutics, Inc. Common Stock
MRTX
+$106M
4
PXD
Pioneer Natural Resource Co.
PXD
+$100M
5
SP
SP Plus Corporation
SP
+$50.1M

Top Sells

Rank Stock Value
1
ATVI
Activision Blizzard
ATVI
+$246M
2
DEN
Denbury Inc.
DEN
+$185M
3
SGEN
Seagen Inc. Common Stock
SGEN
+$147M
4
VMW
VMware, Inc
VMW
+$136M
5
NATI
National Instruments Corp
NATI
+$126M

Sector Composition

Rank Sector Weight
1 Healthcare 28.43%
2 Energy 19.19%
3 Technology 14.22%
4 Consumer Staples 9.7%
5 Consumer Discretionary 7.72%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HA
26
DELISTED
Hawaiian Holdings, Inc.
HA
$15M 0.77%
+1,053,800
New +$7.82M
AYX
27
DELISTED
Alteryx Inc
AYX
$15M 0.77%
+317,200
New +$12.3M
PGTI
28
DELISTED
PGT, Inc.
PGTI
$14.3M 0.73%
+351,400
New +$11.4M
GRCL
29
DELISTED
Gracell Biotechnologies Inc. American Depositary Shares
GRCL
$12.8M 0.66%
+1,278,454
New +$5.8M
SAVE
30
DELISTED
Spirit Airlines, Inc.
SAVE
$10.5M 0.54%
642,691
-1,261,809
-66% -$18.2M
ESMT
31
DELISTED
EngageSmart, Inc.
ESMT
$8.12M 0.42%
+354,500
New +$7.87M
LBAI
32
DELISTED
Lakeland Bancorp Inc
LBAI
$7.52M 0.39%
508,624
+3,600
+0.7% +$46K
VRN
33
DELISTED
Veren
VRN
$6.4M 0.33%
+921,948
New +$6.8M
DOC icon
34
Healthpeak Properties
DOC
$14.5B
$4.61M 0.24%
+232,975
New +$4.1M
ROVR
35
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
$4.47M 0.23%
+411,200
New +$3.48M
XLE icon
36
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
$1.52M 0.08%
+36,200
New +$1.55M
CVE.WS
37
DELISTED
Cenovus Energy Inc Warrants
CVE.WS
$1.49M 0.08%
127,258
– –
BIPC icon
38
Brookfield Infrastructure
BIPC
$4.87B
– –
-759,475
Closed -$26.8M
GMED icon
39
Globus Medical
GMED
$11B
– –
-369,865
Closed -$18.4M
ECHO
40
EchoStar
ECHO
$25.3B
– –
-179,395
Closed -$3M
SGEN
41
DELISTED
Seagen Inc. Common Stock
SGEN
– –
-694,000
Closed -$147M
ABCM
42
DELISTED
Abcam PLC
ABCM
– –
-1,232,700
Closed -$27.9M
VRTV
43
DELISTED
VERITIV CORPORATION
VRTV
– –
-46,900
Closed -$7.92M
PACW
44
DELISTED
PacWest Bancorp
PACW
– –
-595,219
Closed -$4.71M
VMW
45
DELISTED
VMware, Inc
VMW
– –
-815,500
Closed -$136M
ARGO
46
DELISTED
Argo Group International Holdings, Ltd.
ARGO
– –
-864,694
Closed -$25.8M
CCF
47
DELISTED
Chase Corporation
CCF
– –
-109,680
Closed -$14M
NXGN
48
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
– –
-335,800
Closed -$7.97M
NEWR
49
DELISTED
New Relic, Inc.
NEWR
– –
-805,100
Closed -$68.9M
ICPT
50
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
– –
-2,203,295
Closed -$40.8M
1
2
3

Similar funds

GWANC
Guardian Wealth Advisors (North Carolina) Raleigh, North Carolina $1.59B AUM 15.17% 1-Year Est. Return
VNT
Vanguard National Trust Malvern, Pennsylvania $1.59B AUM
NCL
Nishkama Capital LLC Dorado, Puerto Rico $1.58B AUM 123.32% 1-Year Est. Return
ACB
Aristotle Capital Boston Boston, Massachusetts $1.61B AUM 19.82% 1-Year Est. Return
DG
DigitalBridge Group Boca Raton, Florida $1.58B AUM 62.54% 1-Year Est. Return
SS
Sunbelt Securities Houston, Texas $1.58B AUM 28.96% 1-Year Est. Return
LCM
Lakewood Capital Management New York $1.58B AUM 0.92% 1-Year Est. Return
BW
Browning West Los Angeles, California $1.62B AUM 22.28% 1-Year Est. Return

Alpine Associates Management's Q4 2023 Portfolio in Review

As of Q4 2023, Alpine Associates Management held 59 positions worth $1.95B, up 2.1% from $1.91B the previous quarter. Its ten largest holdings account for 63% of the portfolio.

Alpine Associates Management withdrew a net $124M in Q4 2023, closing 22 positions and reducing 2 holdings. Its most notable exit was Activision Blizzard, an estimated $246M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 28% of assets, up from 24% a quarter earlier, followed by Energy and Technology.

Against the trend, Alpine Associates Management opened a new position in Hess worth $237M.

  • Alpine Associates Management's largest Q4 2023 buy was Hess: 1,644,700 shares worth $237M.
  • Alpine Associates Management added most to Splunk Inc in Q4 2023, an estimated $176M increase.
  • Alpine Associates Management's biggest Q4 2023 reduction was Spirit Airlines, Inc., cutting an estimated $18.2M.
  • Alpine Associates Management fully exited Activision Blizzard in Q4 2023, selling an estimated $246M.
  • Alpine Associates Management's ten largest holdings make up 63% of its $1.95B portfolio in Q4 2023.
  • Alpine Associates Management opened 24 new positions and closed 22 in Q4 2023.
  • Alpine Associates Management's portfolio value rose 2.1% quarter-over-quarter to $1.95B.

Based on Alpine Associates Management's 13F filing for Q4 2023, filed 7 Feb 2024.