Princeton Alpha Management Portfolio holdings

Princeton Alpha Management's Q2 2016 Portfolio in Review

As of Q2 2016, Princeton Alpha Management held 1,112 positions worth $561M, down 9% from $617M the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.

Princeton Alpha Management withdrew a net $50.3M in Q2 2016, closing 365 positions and reducing 184 holdings. Its most notable exit was Citigroup, an estimated $5.8M position sold in full.

By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 15% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Princeton Alpha Management opened a new position in Visa worth $5.07M.

• Princeton Alpha Management's largest Q2 2016 buy was Visa: 68,381 shares worth $5.07M.
• Princeton Alpha Management added most to Walmart Inc in Q2 2016, an estimated $5.43M increase.
• Princeton Alpha Management's biggest Q2 2016 reduction was Lincoln National, cutting an estimated $5.12M.
• Princeton Alpha Management fully exited Citigroup in Q2 2016, selling an estimated $5.8M.
• Princeton Alpha Management's ten largest holdings make up 9.6% of its $561M portfolio in Q2 2016.
• Princeton Alpha Management opened 410 new positions and closed 365 in Q2 2016.
• Princeton Alpha Management's portfolio value fell 9% quarter-over-quarter to $561M.

Based on Princeton Alpha Management's 13F filing for Q2 2016, filed 5 Aug 2016.