Princeton Alpha Management Portfolio holdings

Princeton Alpha Management's Q4 2014 Portfolio in Review

As of Q4 2014, Princeton Alpha Management held 990 positions worth $355M, down 19% from $441M the previous quarter. Its ten largest holdings account for 8.2% of the portfolio.

Princeton Alpha Management withdrew a net $87M in Q4 2014, closing 342 positions and reducing 164 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $28.1M position sold in full.

By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Princeton Alpha Management opened a new position in Adobe worth $3.66M.

• Princeton Alpha Management's largest Q4 2014 buy was Adobe: 50,303 shares worth $3.66M.
• Princeton Alpha Management added most to Caterpillar in Q4 2014, an estimated $3.85M increase.
• Princeton Alpha Management's biggest Q4 2014 reduction was TE Connectivity, cutting an estimated $5.03M.
• Princeton Alpha Management fully exited State Street SPDR S&P 500 ETF Trust in Q4 2014, selling an estimated $28.1M.
• Princeton Alpha Management's ten largest holdings make up 8.2% of its $355M portfolio in Q4 2014.
• Princeton Alpha Management opened 360 new positions and closed 342 in Q4 2014.
• Princeton Alpha Management's portfolio value fell 19% quarter-over-quarter to $355M.

Based on Princeton Alpha Management's 13F filing for Q4 2014, filed 6 Feb 2015.