Alpine Global Management Portfolio holdings

Alpine Global Management's Q3 2016 Portfolio in Review

As of Q3 2016, Alpine Global Management held 256 positions worth $347M, up 59% from $219M the previous quarter. Its ten largest holdings account for 76% of the portfolio.

Alpine Global Management deployed $116M of net new capital in Q3 2016, opening 71 new positions and adding to 9 existing holdings. Its largest new stake was Procter & Gamble: 2,192,027 shares worth $197M.

By sector, the portfolio is most concentrated in Consumer Staples at 64% of assets, up from 4% a quarter earlier, followed by Technology and Communication Services.

On the sell side, the largest reduction was iShares Russell 2000 ETF, an estimated $35M trimmed.

• Alpine Global Management's largest Q3 2016 buy was Procter & Gamble: 2,192,027 shares worth $197M.
• Alpine Global Management added most to CVENT, INC. in Q3 2016, an estimated $3.5M increase.
• Alpine Global Management's biggest Q3 2016 reduction was iShares Russell 2000 ETF, cutting an estimated $35M.
• Alpine Global Management fully exited EMC CORPORATION in Q3 2016, selling an estimated $11.2M.
• Alpine Global Management's ten largest holdings make up 76% of its $347M portfolio in Q3 2016.
• Alpine Global Management opened 71 new positions and closed 162 in Q3 2016.
• Alpine Global Management's portfolio value rose 59% quarter-over-quarter to $347M.

Based on Alpine Global Management's 13F filing for Q3 2016, filed 15 Nov 2016.