Alpine Income Property Trust
PINE
80 hedge funds and large institutions have $138M invested in Alpine Income Property Trust in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 16 closing their positions.
53% more call options, than puts
Call options by funds: $534K | Put options by funds: $349K
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $144M → $138M (-$6.45M)
3.13% less ownership
Funds ownership: 62.99% → 59.86% (-3.1%)
13% less funds holding
Funds holding: 92 → 80 (-12)
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$639K |
| 2 |
State Street
Boston,
Massachusetts
|
+$618K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$617K |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$552K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.26M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.24M |
| 3 |
Two Sigma Advisers
New York
|
-$1.24M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.12M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.05M |
PINE Hedge Fund Activity: Q3 2023 in Review
80 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Alpine Income Property Trust (PINE) for Q3 2023, worth a combined $138M — down 4.5% from $144M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PINE and 4 opened new positions — a net loss of 12 holders — while 25 trimmed existing stakes and 32 added.
The largest buyer was Sound Income Strategies, adding an estimated $639K. The largest seller was BlackRock, cutting an estimated $1.26M.
- 80 institutional investors held Alpine Income Property Trust (PINE) as of Q3 2023, down from 92 in Q2 2023.
- Funds reported $138M of Alpine Income Property Trust stock for Q3 2023, down 4.5% quarter-over-quarter.
- 4 funds opened new Alpine Income Property Trust positions in Q3 2023 and 16 closed out, a net change of -12 holders.
- The largest Alpine Income Property Trust buyer in Q3 2023 was Sound Income Strategies, an estimated $639K added.
- The largest Alpine Income Property Trust seller in Q3 2023 was BlackRock, an estimated $1.26M sold.
Based on aggregated 13F filings for Q3 2023.