Alpine Income Property Trust
PINE
36 hedge funds and large institutions have $48.5M invested in Alpine Income Property Trust in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
16% more funds holding
Funds holding: 31 → 36 (+5)
10.29% more ownership
Funds ownership: 39.62% → 49.91% (+10%)
29% less capital invested
Capital invested by funds: $68.8M → $48.5M (-$20.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.17M |
| 2 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$1.65M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.65M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$1.46M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.01M |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$1.36M |
| 3 |
FM
Forward Management
San Francisco,
California
|
-$1.12M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$739K |
| 5 |
PCM
Pinz Capital Management
New York
|
-$666K |
PINE Hedge Fund Activity: Q1 2020 in Review
36 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Alpine Income Property Trust (PINE) for Q1 2020, worth a combined $48.5M — down 29% from $68.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PINE positions and 4 closed out — a net gain of 5 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $4.17M. The largest seller was Putnam Investments, cutting an estimated $5.01M.
- 36 institutional investors held Alpine Income Property Trust (PINE) as of Q1 2020, up from 31 in Q4 2019.
- Funds reported $48.5M of Alpine Income Property Trust stock for Q1 2020, down 29% quarter-over-quarter.
- 9 funds opened new Alpine Income Property Trust positions in Q1 2020 and 4 closed out, a net change of +5 holders.
- The largest Alpine Income Property Trust buyer in Q1 2020 was DePrince Race & Zollo Inc (DRZ), an estimated $4.17M added.
- The largest Alpine Income Property Trust seller in Q1 2020 was Putnam Investments, an estimated $5.01M sold.
Based on aggregated 13F filings for Q1 2020.