Princeton Alpha Management Portfolio holdings

Princeton Alpha Management's Q1 2016 Portfolio in Review

As of Q1 2016, Princeton Alpha Management held 1,085 positions worth $617M, up 6% from $582M the previous quarter. Its ten largest holdings account for 9.3% of the portfolio.

Princeton Alpha Management deployed $30.7M of net new capital in Q1 2016, opening 395 new positions and adding to 150 existing holdings. Its largest new stake was Endo International plc: 124,634 shares worth $3.51M.

By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Industrials.

On the sell side, the largest reduction was Walmart Inc, an estimated $5.28M trimmed.

• Princeton Alpha Management's largest Q1 2016 buy was Endo International plc: 124,634 shares worth $3.51M.
• Princeton Alpha Management added most to Lincoln National in Q1 2016, an estimated $5.49M increase.
• Princeton Alpha Management's biggest Q1 2016 reduction was Walmart Inc, cutting an estimated $5.28M.
• Princeton Alpha Management fully exited Fidelity National Information Services in Q1 2016, selling an estimated $5.13M.
• Princeton Alpha Management's ten largest holdings make up 9.3% of its $617M portfolio in Q1 2016.
• Princeton Alpha Management opened 395 new positions and closed 383 in Q1 2016.
• Princeton Alpha Management's portfolio value rose 6% quarter-over-quarter to $617M.

Based on Princeton Alpha Management's 13F filing for Q1 2016, filed 5 May 2016.