Princeton Alpha Management Portfolio holdings

Princeton Alpha Management's Q1 2017 Portfolio in Review

As of Q1 2017, Princeton Alpha Management held 874 positions worth $299M, down 38% from $486M the previous quarter. Its ten largest holdings account for 8.8% of the portfolio.

Princeton Alpha Management withdrew a net $196M in Q1 2017, closing 345 positions and reducing 228 holdings. Its most notable exit was Target, an estimated $4.41M position sold in full.

By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Princeton Alpha Management opened a new position in Kroger worth $2.06M.

• Princeton Alpha Management's largest Q1 2017 buy was Kroger: 69,819 shares worth $2.06M.
• Princeton Alpha Management added most to Akamai in Q1 2017, an estimated $1.66M increase.
• Princeton Alpha Management's biggest Q1 2017 reduction was Stanley Black & Decker, cutting an estimated $3.55M.
• Princeton Alpha Management fully exited Target in Q1 2017, selling an estimated $4.41M.
• Princeton Alpha Management's ten largest holdings make up 8.8% of its $299M portfolio in Q1 2017.
• Princeton Alpha Management opened 206 new positions and closed 345 in Q1 2017.
• Princeton Alpha Management's portfolio value fell 38% quarter-over-quarter to $299M.

Based on Princeton Alpha Management's 13F filing for Q1 2017, filed 3 May 2017.