We are live on ! Find out more
AAM

Alpine Associates Management Portfolio holdings

AUM $1.7B
1-Year Est. Return 97.55%
This Fund
S&P 500
This Quarter Est. Return
+6.2%
1 Year Est. Return
+97.55%
3 Year Est. Return
+368.61%
5 Year Est. Return
+1,313.28%
10 Year Est. Return
+23,749.22%
AUM
$2.4B
AUM Growth
-$1.24B
Cap. Flow
-$1.27B
Cap. Flow %
-52.9%
Top 10 Hldgs %
47.48%
Holding
85
New
31
Increased
13
Reduced
5
Closed
34

Top Buys

Rank Stock Value
1
GOLD
Randgold Resources Ltd
GOLD
+$117M
2
LLL
L3 Technologies, Inc.
LLL
+$117M
3
RHT
Red Hat Inc
RHT
+$101M
4
ARRS
ARRIS International plc Ordinary Shares
ARRS
+$101M
5
FNSR
Finisar Corp
FNSR
+$78.8M

Top Sells

Rank Stock Value
1
AET
Aetna Inc
AET
+$318M
2
COL
Rockwell Collins
COL
+$300M
3
CA
CA, Inc.
CA
+$185M
4
ANDV
Andeavor
ANDV
+$179M
5
PF
Pinnacle Foods, Inc.
PF
+$168M

Sector Composition

Rank Sector Weight
1 Technology 23.02%
2 Communication Services 10.77%
3 Utilities 8.06%
4 Healthcare 7.75%
5 Financials 6.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VVC
1
DELISTED
Vectren Corporation
VVC
$150M 6.25%
2,079,987
+280,016
+16% +$20.1M
GOLD
2
DELISTED
Randgold Resources Ltd
GOLD
$120M 5.02%
+1,452,984
New +$117M
TFCFA
3
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
$120M 5.01%
2,495,854
-746,691
-23% -$35.4M
AHL
4
DELISTED
ASPEN Insurance Holding Limited
AHL
$118M 4.9%
2,799,358
+769,807
+38% +$32.2M
RHT
5
DELISTED
Red Hat Inc
RHT
$112M 4.68%
+638,708
New +$101M
ARRS
6
DELISTED
ARRIS International plc Ordinary Shares
ARRS
$111M 4.64%
+3,640,263
New +$101M
ORBK
7
DELISTED
Orbotech Ltd
ORBK
$108M 4.5%
1,909,790
-37,644
-2% -$2.1M
IDTI
8
DELISTED
Integrated Device Technology I
IDTI
$108M 4.49%
2,220,917
+179,138
+9% +$8.46M
LLL
9
DELISTED
L3 Technologies, Inc.
LLL
$106M 4.41%
+609,201
New +$117M
FNSR
10
DELISTED
Finisar Corp
FNSR
$85.5M 3.57%
+3,960,634
New +$78.8M
ESL
11
DELISTED
Esterline Technologies
ESL
$81.5M 3.4%
+671,375
New +$77.5M
TVPT
12
DELISTED
Travelport Worldwide Limited
TVPT
$72.6M 3.03%
+4,646,633
New +$70.8M
NXTM
13
DELISTED
NxStage Medical Inc.
NXTM
$69.6M 2.9%
2,433,167
-590,504
-20% -$16.8M
USG
14
DELISTED
Usg
USG
$66.6M 2.78%
1,561,700
+125,700
+9% +$5.38M
S
15
DELISTED
Sprint Corporation
S
$63.2M 2.64%
10,860,532
+3,654,532
+51% +$22.5M
ATHN
16
DELISTED
Athenahealth, Inc.
ATHN
$59.6M 2.49%
451,726
+372,882
+473% +$47.8M
TSRO
17
DELISTED
TESARO, Inc.
TSRO
$57.4M 2.39%
+772,502
New +$37.1M
DIS icon
18
PUT
Walt Disney
DIS
$168B
$56.7M 2.36%
516,800
+32,400
+7% +$3.68M
IMPV
19
DELISTED
Imperva, Inc.
IMPV
$52.9M 2.21%
+950,465
New +$51.6M
NTRI
20
DELISTED
NutriSystem, Inc.
NTRI
$50.6M 2.11%
+1,153,351
New +$43.6M
APTI
21
DELISTED
Apptio, Inc. Class A Common Stock
APTI
$49.6M 2.07%
+1,305,587
New +$44.1M
BEL
22
DELISTED
Belmond Ltd.
BEL
$45.5M 1.9%
+1,819,028
New +$35M
HIFR
23
DELISTED
InfraREIT, Inc.
HIFR
$44.8M 1.87%
+2,131,376
New +$45.4M
MB
24
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
$43.5M 1.82%
+1,196,101
New +$36.4M
SCG
25
DELISTED
Scana
SCG
$43.5M 1.81%
909,421
+548,516
+152% +$23.6M
1
2 3 4

Similar funds

RSCM
Rock Springs Capital Management Baltimore, Maryland $1.7B AUM 93.03% 1-Year Est. Return
SGI
Summit Global Investments Bountiful, Utah $1.69B AUM 12.13% 1-Year Est. Return
WAS
Wesleyan Assurance Society Birmingham, United Kingdom $1.69B AUM 28.38% 1-Year Est. Return
ACM
ADAR1 Capital Management Austin, Texas $1.7B AUM 340.85% 1-Year Est. Return
BCM
BlueCrest Capital Management St Helier, Jersey $1.69B AUM 20.01% 1-Year Est. Return
ISS
Intesa Sanpaolo SpA. Turin, Italy $1.69B AUM
PP
PDT Partners New York $1.69B AUM 74.01% 1-Year Est. Return
FDP
Financiere des Professionnels Montreal, Quebec, Canada $1.71B AUM 21.77% 1-Year Est. Return

Alpine Associates Management's Q4 2018 Portfolio in Review

As of Q4 2018, Alpine Associates Management held 85 positions worth $2.4B, down 34% from $3.63B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Alpine Associates Management withdrew a net $1.27B in Q4 2018, closing 34 positions and reducing 5 holdings. Its most notable exit was Aetna Inc, an estimated $318M position sold in full.

By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 14% a quarter earlier, followed by Communication Services and Utilities.

Against the trend, Alpine Associates Management opened a new position in Randgold Resources Ltd worth $120M.

  • Alpine Associates Management's largest Q4 2018 buy was Randgold Resources Ltd: 1,452,984 shares worth $120M.
  • Alpine Associates Management added most to Athenahealth, Inc. in Q4 2018, an estimated $47.8M increase.
  • Alpine Associates Management's biggest Q4 2018 reduction was Dell, cutting an estimated $56M.
  • Alpine Associates Management fully exited Aetna Inc in Q4 2018, selling an estimated $318M.
  • Alpine Associates Management's ten largest holdings make up 47% of its $2.4B portfolio in Q4 2018.
  • Alpine Associates Management opened 31 new positions and closed 34 in Q4 2018.
  • Alpine Associates Management's portfolio value fell 34% quarter-over-quarter to $2.4B.

Based on Alpine Associates Management's 13F filing for Q4 2018, filed 13 Feb 2019.