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Asset Manager ← All Institutions

ALPINE ASSOCIATES MANAGEMENT INC.

249 ROYAL PALM WAY SUITE 400, PALM BEACH, FL 33480 • 5618346550

Q4 2025 · Filed 2026-02-05
Market Value
$1.5B
-8.1%
Holdings
100
+11
New Purchases
39
Added To
9
Closed
38
Reduced
13
Top 10 Concentration
54.6%
Turnover
77.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EXAS 5.59% 0.00% +5.59% $82M
NGD 5.57% 0.00% +5.57% $82M
AL 4.91% 0.19% +4.72% $72M
BA 4.37% 0.00% +4.37% $64M
RNAM 4.28% 0.00% +4.28% $63M
CDTX 3.15% 0.00% +3.15% $46M
KVUE 2.55% 0.00% +2.55% $37M
EA 3.79% 1.34% +2.45% $55M
QRVO 2.40% 0.00% +2.40% $35M
HOLX 2.22% 0.00% +2.22% $32M
BHF 1.65% 0.00% +1.65% $24M
CMA 1.43% 0.00% +1.43% $21M
CFLT 1.26% 0.00% +1.26% $18M
SEE 1.21% 0.00% +1.21% $18M
HI 1.19% 0.00% +1.19% $17M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VRNA 0.00% 7.76% -7.76% $0
K 0.00% 6.76% -6.76% $0
SPR 0.00% 6.39% -6.39% $0
COOP 0.00% 5.44% -5.44% $0
MRUS 0.00% 4.94% -4.94% $0
IPG 0.00% 3.35% -3.35% $0
SAND 0.00% 2.96% -2.96% $0
INFA 0.00% 2.63% -2.63% $0
ALE 0.00% 2.17% -2.17% $0
AVDX 0.00% 1.41% -1.41% $0
SIMO 0.51% 1.47% -0.97% $7M
STAA 0.74% 1.54% -0.80% $11M
CVAC 0.00% 0.78% -0.78% $0
SCS 0.00% 0.78% -0.78% $0
TIXT 0.00% 0.70% -0.70% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Industrials 26.9%
Technology 19.2%
Healthcare 18.5%
Communication Services 9.3%
Financial Services 7.4%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 1 $2M 0.2%
Large Cap 17 $644M 44.0%
Mid Cap 40 $623M 42.6%
Small Cap 42 $194M 13.3%

Portfolio Analytics

Avg Market Cap
$11.9B
Median Market Cap
$2.6B
Avg P/E
47.6
Median P/E
23.5
Avg Dividend Yield
0.02%
Avg Beta
1.16
# Stocks
100
# ETFs / Funds
0

Top Holdings (100 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NSC 9.24% 468,155 $135M $288.72 -$16M -34,455 -6.9%
2 GTLS 6.08% 430,936 $89M $206.23 -$13M -78,174 -15.4%
3 CYBR 5.80% 190,355 $85M $446.06 -$14M -13,795 -6.8%
4 EXAS 5.59% 805,500 $82M $101.56 +805,500 NEW
5 NGD 5.57% 9,363,161 $82M $8.71 +9,363,161 NEW
6 FYBR 4.97% 1,911,556 $73M $38.07 -$4M -151,591 -7.3%
7 AL 4.91% 1,118,656 $72M $64.23 $69M +1,070,853 +2240.1%
8 BA 4.37% 294,701 $64M $217.12 +294,701 NEW
9 RNAM 4.28% 867,530 $63M $72.13 +867,530 NEW
10 EA 3.79% 271,400 $55M $204.33 $34M +165,400 +156.0%
11 CDTX 3.15% 208,560 $46M $220.89 +208,560 NEW
12 KVUE 2.55% 2,158,626 $37M $17.25 +2,158,626 NEW
13 QRVO 2.40% 415,059 $35M $84.51 +415,059 NEW
14 HOLX 2.22% 435,350 $32M $74.49 +435,350 NEW
15 TXNM 2.04% 506,807 $30M $58.88 $9M +143,299 +39.4%
16 BHF 1.65% 372,683 $24M $64.79 +372,683 NEW
17 DAY 1.58% 334,426 $23M $69.16 $13M +180,464 +117.2%
18 LBRDK 1.58% 474,349 $23M $48.60 -$9M -34,351 -6.8%
19 SSTK 1.51% 1,154,955 $22M $19.10 $3M +252,494 +28.0%
20 CMA 1.43% 240,376 $21M $86.93 +240,376 NEW
21 CTLP 1.39% 1,910,357 $20M $10.62 -$157K -23,849 -1.2%
22 PRA 1.38% 835,890 $20M $24.16 -$3M -116,657 -12.2%
23 HOUS 1.35% 1,397,243 $20M $14.16 $13M +729,923 +109.4%
24 TGNA 1.27% 956,367 $19M $19.41 $3M +187,997 +24.5%
25 CFLT 1.26% 610,500 $18M $30.24 +610,500 NEW
26 SEE 1.21% 427,100 $18M $41.43 +427,100 NEW
27 HI 1.19% 548,200 $17M $31.72 +548,200 NEW
28 WBD 1.12% 570,000 $16M $28.82 +570,000 NEW
29 FOLD 0.92% 949,200 $14M $14.24 +949,200 NEW
30 JHG 0.85% 260,042 $12M $47.57 +260,042 NEW
31 REVG 0.84% 202,491 $12M $60.81 +202,491 NEW
32 JAMF 0.84% 940,798 $12M $13.01 +940,798 NEW
33 AMWD 0.84% 226,833 $12M $53.90 -$2M +17,409 +8.3%
34 RKT 0.76% 574,254 $11M $19.36 +574,254 NEW
35 STAA 0.74% 466,607 $11M $23.09 -$14M -446,480 -48.9%
36 SEMR 0.72% 879,994 $10M $11.89 +879,994 NEW
37 SHCO 0.71% 1,160,256 $10M $8.96 $695K +64,057 +5.8%
38 VECO 0.69% 353,400 $10M $28.58 +353,400 NEW
39 ATXS 0.65% 728,922 $10M $13.09 +728,922 NEW
40 SNV 0.65% 190,312 $10M $50.05 -$492K -13,788 -6.8%
41 CWAN 0.63% 385,000 $9M $24.12 +385,000 NEW
42 SIMO 0.51% 79,976 $7M $92.70 -$16M -167,474 -67.7%
43 DVAX 0.50% 475,000 $7M $15.38 +475,000 NEW
44 IMXI 0.41% 390,333 $6M $15.36 $148K -28,259 -6.8%
45 0YY7.L 0.40% 380,000 $6M $15.34 +380,000 NEW
46 GES 0.37% 322,209 $5M $16.75 -$375K -23,188 -6.7%
47 2H2.F 0.34% 474,600 $5M $10.50 +474,600 NEW
48 ALEX 0.32% 228,294 $5M $20.64 +228,294 NEW
49 FRGE 0.30% 98,107 $4M $44.56 +98,107 NEW
50 PLYM 0.27% 181,555 $4M $21.88 -$375K -13,144 -6.8%
51 PCH 0.26% 95,600 $4M $39.78 +95,600 NEW
52 CSGS 0.25% 47,500 $4M $76.69 +47,500 NEW
53 UDMY 0.23% 569,800 $3M $5.85 +569,800 NEW
54 SUNC 0.19% 57,376 $3M $49.28 +57,376 NEW
55 CIVI 0.18% 94,700 $3M $27.09 +94,700 NEW
56 QCOM 0.17% 14,403 $2M $171.05 +14,403 NEW
57 THS 0.15% 94,750 $2M $23.59 +94,750 NEW
58 EB 0.15% 500,000 $2M $4.45 +500,000 NEW
59 AXTA 0.10% 47,400 $2M $32.31 +47,400 NEW
60 SMLR 0.10% 95,600 $1M $15.29 -$1M
61 IAG 0.08% 69,482 $1M $16.50 +69,482 NEW
62 GETY 0.01% 94,500 $127K $1.34 +94,500 NEW
63 IPG —% -$53M -1,913,244 -100.0% SOLD
64 PAAS —% -$5M -120,616 -100.0% SOLD
65 SPR —% -$102M -2,634,904 -100.0% SOLD
66 CORZ —% -$10M -547,600 -100.0% SOLD
67 TIXT —% -$11M -2,500,000 -100.0% SOLD
68 AVDX —% -$22M -2,255,100 -100.0% SOLD
69 HNI —% -$2M -39,100 -100.0% SOLD
70 ALE —% -$35M -520,018 -100.0% SOLD
71 VBTX —% -$3M -102,600 -100.0% SOLD
72 IAS —% -$7M -641,140 -100.0% SOLD
73 VRNA —% -$123M -1,157,050 -100.0% SOLD
74 VTLE —% -$7M -392,555 -100.0% SOLD
75 MRC —% -$7M -509,400 -100.0% SOLD
76 SPNS —% -$5M -121,339 -100.0% SOLD
77 ZIMV —% -$8M -423,000 -100.0% SOLD
78 COOP —% -$87M -406,140 -100.0% SOLD
79 SUN —% -$223K -4,457 -100.0% SOLD
80 PRO —% -$9M -371,408 -100.0% SOLD
81 TASK —% -$4M -242,222 -100.0% SOLD
82 CCRN —% -$11M -770,029 -100.0% SOLD
83 PHLT —% -$7M -969,869 -100.0% SOLD
84 VMEO —% -$7M -921,885 -100.0% SOLD
85 MTSR —% -$10M -195,200 -100.0% SOLD
86 PBPB —% -$9M -524,296 -100.0% SOLD
87 PGRE —% -$2M -307,363 -100.0% SOLD
88 MRUS —% -$79M -835,600 -100.0% SOLD
89 PINC —% -$3M -124,357 -100.0% SOLD
90 SAND —% -$47M -3,767,815 -100.0% SOLD
91 CVAC —% -$12M -2,295,422 -100.0% SOLD
92 VRNT —% -$9M -455,100 -100.0% SOLD
93 SCS —% -$12M -719,300 -100.0% SOLD
94 WOW —% -$5M -1,025,400 -100.0% SOLD
95 SCPH —% -$5M -961,065 -100.0% SOLD
96 K —% -$108M -1,312,677 -100.0% SOLD
97 TRML —% -$9M -196,177 -100.0% SOLD
98 INFA —% -$42M -1,683,653 -100.0% SOLD
99 ETNB —% -$8M -529,800 -100.0% SOLD
100 HBI —% -$3M -408,340 -100.0% SOLD

New Positions

SymbolValue% Port
EXAS $82M 5.59%
NGD $82M 5.57%
BA $64M 4.37%
RNAM $63M 4.28%
CDTX $46M 3.15%
KVUE $37M 2.55%
QRVO $35M 2.40%
HOLX $32M 2.22%
BHF $24M 1.65%
CMA $21M 1.43%
CFLT $18M 1.26%
SEE $18M 1.21%
HI $17M 1.19%
WBD $16M 1.12%
FOLD $14M 0.92%

Sold Out Positions

SymbolValue% Port
SUN —%
PAAS —%
HNI —%
CORZ —%
CCRN —%
TASK —%
PRO —%
TRML —%
SAND —%
CVAC —%
VMEO —%
IAS —%
ZIMV —%
VBTX —%
COOP —%
View SEC EDGAR Filings for ALPINE ASSOCIATES MANAGEMENT INC. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms