Institutional Manager · CIK 0001396835
ALPINE ASSOCIATES MANAGEMENT INC.
PALM BEACH, FL · File #028-12478
Latest AUM
$1.50B
Positions
67
Top-10 Concentration
54.7%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | VERONA PHARMA PLC | 925050106 | -1,157,050 | -$123.5M | $0 |
| EXITED | KELLANOVA | 487836108 | -1,312,677 | -$107.7M | $0 |
| EXITED | SPIRIT AEROSYSTEMS HLDGS INC | 848574109 | -2,634,904 | -$101.7M | $0 |
| EXITED | MR COOPER GROUP INC | 62482R107 | -406,140 | -$86.6M | $0 |
| NEW | EXACT SCIENCES CORP | 30063P105 | +805,500 | +$81.8M | $0 |
| NEW | NEW GOLD INC CDA | 644535106 | +9,363,161 | +$81.6M | $0 |
| EXITED | MERUS N V | N5749R100 | -835,600 | -$78.7M | $0 |
| ADD | AIR LEASE CORP | AIIR | +1,070,853 | +$68.8M | +$27,726 |
| NEW | BOEING CO | BA-PA | +294,701 | +$64.0M | $0 |
| NEW | AVIDITY BIOSCIENCES INC | 05370A108 | +867,530 | +$62.6M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202567 pos · $1.50B
- 13F HOLDINGS REPORTQ/E Sep 202567 pos · $1.66B
- 13F HOLDINGS REPORTQ/E Jun 202550 pos · $1.87B
- 13F HOLDINGS REPORTQ/E Mar 202545 pos · $1.91B
- 13F HOLDINGS REPORTQ/E Dec 202443 pos · $1.65B
- 13F HOLDINGS REPORTQ/E Sep 202449 pos · $2.18B
- 13F HOLDINGS REPORTQ/E Jun 202443 pos · $2.09B
- 13F HOLDINGS REPORTQ/E Mar 202440 pos · $2.57B
- 13F HOLDINGS REPORTQ/E Dec 202335 pos · $1.91B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NORFOLK SOUTHN CORP | 655844108 | 468,155 | $135.2M | 9.25% |
| 2 | CHART INDS INC | 16115Q308 | 430,936 | $88.9M | 6.08% |
| 3 | CYBERARK SOFTWARE LTD | M2682V108 | 190,355 | $84.9M | 5.81% |
| 4 | EXACT SCIENCES CORP | 30063P105 | 805,500 | $81.8M | 5.60% |
| 5 | NEW GOLD INC CDA | 644535106 | 9,363,161 | $81.6M | 5.58% |
| 6 | FRONTIER COMMUNICATIONS PARE | 35909D109 | 1,911,556 | $72.8M | 4.98% |
| 7 | AIR LEASE CORP | AIIR | 1,118,656 | $71.9M | 4.92% |
| 8 | BOEING CO | BA-PA | 294,701 | $64.0M | 4.38% |
| 9 | AVIDITY BIOSCIENCES INC | 05370A108 | 867,530 | $62.6M | 4.28% |
| 10 | ELECTRONIC ARTS INC | EA | 271,400 | $55.5M | 3.79% |
| 11 | CIDARA THERAPEUTICS INC | 171757206 | 208,560 | $46.1M | 3.15% |
| 12 | KENVUE INC | KVUE | 2,158,626 | $37.2M | 2.55% |
| 13 | QORVO INC | QRVO | 415,059 | $35.1M | 2.40% |
| 14 | HOLOGIC INC | HOLX | 435,350 | $32.4M | 2.22% |
| 15 | TXNM ENERGY INC | TXNM | 506,807 | $29.8M | 2.04% |
| 16 | BRIGHTHOUSE FINL INC | 10922N103 | 372,683 | $24.1M | 1.65% |
| 17 | DAYFORCE INC | 15677J108 | 334,426 | $23.1M | 1.58% |
| 18 | LIBERTY BROADBAND CORP | LBRDP | 474,349 | $23.1M | 1.58% |
| 19 | SHUTTERSTOCK INC | SSTK | 1,154,955 | $22.1M | 1.51% |
| 20 | COMERICA INC | 200340107 | 240,376 | $20.9M | 1.43% |