Princeton Alpha Management Portfolio holdings

Princeton Alpha Management's Q4 2016 Portfolio in Review

As of Q4 2016, Princeton Alpha Management held 1,016 positions worth $486M, down 9.1% from $534M the previous quarter. Its ten largest holdings account for 8.6% of the portfolio.

Princeton Alpha Management withdrew a net $57.3M in Q4 2016, closing 348 positions and reducing 206 holdings. Its most notable exit was Altria Group, an estimated $4.45M position sold in full.

By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 12% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Princeton Alpha Management opened a new position in Qualcomm worth $3.54M.

• Princeton Alpha Management's largest Q4 2016 buy was Qualcomm: 54,314 shares worth $3.54M.
• Princeton Alpha Management added most to Simon Property Group in Q4 2016, an estimated $3.59M increase.
• Princeton Alpha Management's biggest Q4 2016 reduction was McDonald's, cutting an estimated $4.68M.
• Princeton Alpha Management fully exited Altria Group in Q4 2016, selling an estimated $4.45M.
• Princeton Alpha Management's ten largest holdings make up 8.6% of its $486M portfolio in Q4 2016.
• Princeton Alpha Management opened 298 new positions and closed 348 in Q4 2016.
• Princeton Alpha Management's portfolio value fell 9.1% quarter-over-quarter to $486M.

Based on Princeton Alpha Management's 13F filing for Q4 2016, filed 10 Feb 2017.