Alpine Global Management, LLC
Long book
$565.8M
Q1 2026
Positions
181
Top-10 weight
49%
concentration
Last quarter
+11.5%
SPY +14.8%
Turnover
80%
of book per quarter
Strategy in plain words
auto-generated from filingsAlpine Global Management, LLC is a quantitative fund whose holdings reflect models, not opinions, running a $565.8M US long book across 181 positions.
The portfolio is moderately concentrated (top 10 ≈ 49% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: IMMUNOVANT INC, CORNERSTONE STRATEGIC INVEST, RIVIAN AUTOMOTIVE INC-A, ARCHER AVIATION INC-A, CORNERSTONE TOTAL RETURN.
Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-1.7%
Q2 2024
+4.6%
Q3 2024
+14.2%
Q4 2024
-12.9%
Q1 2025
+27.2%
Q2 2025
+4.3%
Q3 2025
+9.0%
Q4 2025
-12.6%
Q1 2026
+11.5%
Sector allocation
Financials 29%
Industrials 23%
Healthcare 17%
Other 11%
Technology 9%
Communications 5%
Services media 2%
Utilities 2%
Long book by quarter
What does Alpine Global own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| IMVT IMMUNOVANT INC | Healthcare | 2.6M | $65.5M | 11.6% | +0.4% |
| RIVN RIVIAN AUTOMOTIVE INC-A | Industrials | 2.7M | $40.0M | 7.1% | +1.2% |
| ACHR ARCHER AVIATION INC-A | Industrials | 5.6M | $29.1M | 5.1% | +20.4% |
| KKR KKR & CO INC | Financials | 162.3K | $15.0M | 2.7% | New |
| APO APOLLO GLOBAL MANAGEMENT INC | Financials | 132.0K | $14.7M | 2.6% | New |
| ARES ARES MANAGEMENT CORP - A | Financials | 134.6K | $14.7M | 2.6% | +96.7% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 123.4K | $14.6M | 2.6% | New |
| OWL BLUE OWL CAPITAL INC | Financials | 1.6M | $14.5M | 2.6% | New |
| BLK BLACKROCK INC | Financials | 14.8K | $14.3M | 2.5% | New |
| MSTR STRATEGY INC | Financials | 85.0K | $10.6M | 1.9% | +17.7% |
| LBRDA LIBERTY BROADBAND-A | Communications | 194.8K | $9.8M | 1.7% | +94.8% |
| EA ELECTRONIC ARTS INC | Technology | 39.5K | $8.1M | 1.4% | New |
| MSFT MICROSOFT CORP | Technology | 20.6K | $7.6M | 1.3% | New |
| BBUC BROOKFIELD BUSINESS CORP-A | Industrials | 194.3K | $7.4M | 1.3% | New |
| HO1 HOLOGIC INC | — | 80.5K | $6.1M | 1.1% | +257.8% |
| AAUC ALLIED GOLD CORP | — | 137.1K | $5.9M | 1.0% | New |
| YSS YORK SPACE SYSTEMS INC | Industrials | 247.1K | $5.5M | 1.0% | New |
| SDA SEALED AIR CORP | Services media | 122.5K | $5.2M | 0.9% | -3.9% |
| NVDA NVIDIA CORP | Technology | 28.5K | $5.0M | 0.9% | New |
| RWAY RUNWAY GROWTH FINANCE CORP | — | 681.3K | $4.7M | 0.8% | +534.5% |
| AES AES CORP | Utilities | 331.0K | $4.7M | 0.8% | New |
| WBD WARNER BROS DISCOVERY INC | Communications | 167.5K | $4.6M | 0.8% | -28.7% |
| BTGO BITGO HOLDINGS INC-CL A | Financials | 489.3K | $4.0M | 0.7% | New |
| AL AIR LEASE CORP | — | 61.0K | $4.0M | 0.7% | New |
| LBRDK LIBERTY BROADBAND-C | Communications | 66.1K | $3.3M | 0.6% | +35.5% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 11.5K | $3.3M | 0.6% | -32.4% |
| FSK FS KKR CAPITAL CORP | — | 316.0K | $3.2M | 0.6% | +178.9% |
| TTWO TAKE-TWO INTERACTIVE SOFTWRE | Technology | 14.3K | $2.8M | 0.5% | New |
| AMRZ AMRIZE LTD | Industrials | 50.0K | $2.8M | 0.5% | +42.9% |
| DJT TRUMP MEDIA & TECHNOLOGY GRO | Technology | 294.9K | $2.7M | 0.5% | -3.3% |
| MSIF MSC INCOME FUND INC | — | 206.1K | $2.5M | 0.4% | New |
| ADP AUTOMATIC DATA PROCESSING | Technology | 11.7K | $2.4M | 0.4% | New |
| MASI* MASIMO CORP | — | 12.5K | $2.2M | 0.4% | New |
| OTF BLUE OWL TECHNOLOGY FINANCE | — | 178.7K | $2.2M | 0.4% | New |
| NFBK NORTHFIELD BANCORP INC | Financials | 150.0K | $2.0M | 0.4% | New |
| GBDC GOLUB CAPITAL BDC INC | — | 146.9K | $1.9M | 0.3% | New |
| CDE COEUR MINING INC | Materials | 88.9K | $1.7M | 0.3% | +702.1% |
| VSNT VERSANT MEDIA GROUP INC | Communications | 43.8K | $1.6M | 0.3% | New |
| CCAP CRESCENT CAPITAL BDC INC | — | 129.3K | $1.6M | 0.3% | New |
| CEPV CANTOR EQUITY PARTNERS-CL A | Financials | 150.0K | $1.5M | 0.3% | +96.8% |
| ARCI ARCHIMEDES TECH SPAC PARTNER | Financials | 150.0K | $1.5M | 0.3% | New |
| NVRI ENVIRI CORP | Utilities | 75.0K | $1.5M | 0.3% | New |
| LKQ LKQ CORP | Consumer discretionary | 50.0K | $1.5M | 0.3% | New |
| SKYT SKYWATER TECHNOLOGY INC | Technology | 50.0K | $1.4M | 0.2% | New |
| CION CION INVESTMENT CORP | — | 194.1K | $1.3M | 0.2% | +106.8% |
| CGBD CARLYLE SECURED LENDING INC | — | 115.7K | $1.3M | 0.2% | New |
| BCSF BAIN CAPITAL SPECIALTY FINAN | — | 101.4K | $1.3M | 0.2% | New |
| GEMI GEMINI SPACE STATION INC-A | Financials | 281.3K | $1.2M | 0.2% | +2713.3% |
| UCTT ULTRA CLEAN HOLDINGS INC | Technology | 18.1K | $1.1M | 0.2% | New |
| CMCSA COMCAST CORP-CLASS A | Communications | 38.0K | $1.1M | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 226 | $667.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ARESTATEMENT | Feb 26, 2026 | 344 | $463.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 352 | $587.7M | SEC ↗ | |
| Q3 2025 | 13F-HR/ARESTATEMENT | Nov 21, 2025 | 239 | $493.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 286 | $580.4M | SEC ↗ | |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 162 | $443.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 130 | $377.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ANEW HOLDINGS | Feb 18, 2025 | 173 | $339.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 213 | $425.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 161 | $413.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 463 | $575.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR/ANEW HOLDINGS | Aug 6, 2024 | 200 | $516.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 151 | $397.7M | canonical | SEC ↗ |
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