Alpine Global Management Portfolio holdings

Alpine Global Management's Q2 2016 Portfolio in Review

As of Q2 2016, Alpine Global Management held 313 positions worth $219M, down 50% from $438M the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Alpine Global Management withdrew a net $220M in Q2 2016, closing 128 positions and reducing 11 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $106M position sold in full.

By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 5.4% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Alpine Global Management opened a new position in Steris worth $7.33M.

• Alpine Global Management's largest Q2 2016 buy was Steris: 106,595 shares worth $7.33M.
• Alpine Global Management added most to iShares Russell 2000 ETF in Q2 2016, an estimated $28.6M increase.
• Alpine Global Management's biggest Q2 2016 reduction was Sprott Physical Gold and Silver Trust, cutting an estimated $9.73M.
• Alpine Global Management fully exited iShares MSCI Emerging Markets ETF in Q2 2016, selling an estimated $106M.
• Alpine Global Management's ten largest holdings make up 52% of its $219M portfolio in Q2 2016.
• Alpine Global Management opened 159 new positions and closed 128 in Q2 2016.
• Alpine Global Management's portfolio value fell 50% quarter-over-quarter to $219M.

Based on Alpine Global Management's 13F filing for Q2 2016, filed 12 Aug 2016.