Alpine Income Property Trust
PINE
80 hedge funds and large institutions have $140M invested in Alpine Income Property Trust in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 43 increasing their positions, 19 reducing their positions, and 11 closing their positions.
272% more call options, than puts
Call options by funds: $346K | Put options by funds: $93K
126% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 19
2% more capital invested
Capital invested by funds: $138M → $140M (+$2.44M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.03% less ownership
Funds ownership: 60.87% → 58.83% (-2%)
4% less funds holding
Funds holding: 83 → 80 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$8.22M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.29M |
| 3 |
Millennium Management
New York
|
+$4.11M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$2.08M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.17M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$3.23M |
| 3 |
Renaissance Technologies
New York
|
-$1.62M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.56M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.11M |
PINE Hedge Fund Activity: Q1 2023 in Review
80 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Alpine Income Property Trust (PINE) for Q1 2023, worth a combined $140M — up 1.8% from $138M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PINE and 8 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 43 added.
The largest buyer was Sound Income Strategies, opening a new position worth an estimated $8.22M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $4.17M.
- 80 institutional investors held Alpine Income Property Trust (PINE) as of Q1 2023, down from 83 in Q4 2022.
- Funds reported $140M of Alpine Income Property Trust stock for Q1 2023, up 1.8% quarter-over-quarter.
- 8 funds opened new Alpine Income Property Trust positions in Q1 2023 and 11 closed out, a net change of -3 holders.
- The largest Alpine Income Property Trust buyer in Q1 2023 was Sound Income Strategies, an estimated $8.22M added.
- The largest Alpine Income Property Trust seller in Q1 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $4.17M sold.
Based on aggregated 13F filings for Q1 2023.