Alpine Associates Management Inc. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Alpine Associates Management Inc. disclosed 66 US equity positions worth $1.6bn in its Q3 2025 13F filing. The largest position was NSC at 9.2% of the reported book, followed by VRNA and KEL. Against the Q2 2025 filing, it opened 33 new positions, added to 11 and reduced 5 among the top 50 holdings.
What did Alpine Associates Management Inc. own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NSC NORFOLK SOUTHN CORP | Industrials | 9.2% | $151.0m | 502,610 | – | new |
| 2 | VRNA VERONA PHARMA PLC | 7.5% | $123.5m | 1,157,050 | – | new | |
| 3 | KEL KELLANOVA | 6.6% | $107.7m | 1,312,677 | -8% | reduced | |
| 4 | CHART INDS INC | 6.2% | $101.9m | 509,110 | 590% | added | |
| 5 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 6.2% | $101.7m | 2,634,904 | -7% | reduced | |
| 6 | CYBERARK SOFTWARE LTD | 6.0% | $98.6m | 204,150 | – | new | |
| 7 | 07WA MR COOPER GROUP INC | 5.3% | $86.6m | 406,140 | 17% | added | |
| 8 | MERUS N V | 4.8% | $78.7m | 835,600 | – | new | |
| 9 | FYBR FRONTIER COMMUNICATIONS PARE | 4.7% | $77.1m | 2,063,147 | 11% | added | |
| 10 | IPG INTERPUBLIC GROUP COS INC | 3.3% | $53.4m | 1,913,244 | -5% | reduced | |
| 11 | AYS1 SANDSTORM GOLD LTD | 2.9% | $47.2m | 3,767,815 | – | new | |
| 12 | INFA1EUR INFORMATICA INC | 2.5% | $41.8m | 1,683,653 | 21% | added | |
| 13 | AEBA ALLETE INC | 2.1% | $34.5m | 520,018 | 17% | added | |
| 14 | 8L8C LIBERTY BROADBAND CORP | 2.0% | $32.3m | 508,700 | – | new | |
| 15 | WNS HLDGS LTD | 1.7% | $27.3m | 358,050 | – | new | |
| 16 | STAA STAAR SURGICAL CO | Healthcare | 1.5% | $24.5m | 913,087 | – | new |
| 17 | SIMO SILICON MOTION TECHNOLOGY CO | Technology | 1.4% | $23.5m | 247,450 | -25% | reduced |
| 18 | PRA PROASSURANCE CORP | 1.4% | $22.9m | 952,547 | 74% | added | |
| 19 | AVDX AVIDXCHANGE HOLDINGS INC | 1.4% | $22.4m | 2,255,100 | 0% | held | |
| 20 | EA ELECTRONIC ARTS INC | Communication Services | 1.3% | $21.4m | 106,000 | – | new |
| 21 | TXNM TXNM ENERGY INC | Utilities | 1.3% | $20.6m | 363,508 | 87% | added |
| 22 | UTE0 CANTALOUPE INC | 1.2% | $20.4m | 1,934,206 | 76% | added | |
| 23 | SSTK SHUTTERSTOCK INC | Communication Services | 1.1% | $18.8m | 902,461 | 23% | added |
| 24 | TGNA TEGNA INC | 1.0% | $15.6m | 768,370 | – | new | |
| 25 | AMERICAN WOODMARK CORPORATIO | 0.9% | $14.0m | 209,424 | – | new | |
| 26 | CUREVAC N V | 0.8% | $12.4m | 2,295,422 | 16% | added | |
| 27 | GJB STEELCASE INC | 0.8% | $12.4m | 719,300 | – | new | |
| 28 | ARISUSD ARIS WATER SOLUTIONS INC | 0.7% | $11.7m | 474,609 | – | new | |
| 29 | TIXT TELUS INTL CDA INC | 0.7% | $11.2m | 2,500,000 | – | new | |
| 30 | CROSS CTRY HEALTHCARE INC | 0.7% | $10.9m | 770,029 | -22% | reduced | |
| 31 | DAY DAYFORCE INC | 0.6% | $10.6m | 153,962 | – | new | |
| 32 | METSERA INC | 0.6% | $10.2m | 195,200 | – | new | |
| 33 | SYU1 SYNOVUS FINL CORP | 0.6% | $10.0m | 204,100 | – | new | |
| 34 | CORZ CORE SCIENTIFIC INC NEW | Technology | 0.6% | $9.8m | 547,600 | – | new |
| 35 | 75Z SOHO HOUSE & CO INC | 0.6% | $9.7m | 1,096,199 | – | new | |
| 36 | TRML TOURMALINE BIO INC | 0.6% | $9.4m | 196,177 | – | new | |
| 37 | VTY VERINT SYS INC | 0.6% | $9.2m | 455,100 | – | new | |
| 38 | PTB POTBELLY CORP | 0.5% | $8.9m | 524,296 | – | new | |
| 39 | PRO PROS HOLDINGS INC | 0.5% | $8.5m | 371,408 | – | new | |
| 40 | ZIMV ZIMVIE INC | 0.5% | $8.0m | 423,000 | – | new | |
| 41 | ASPEN INSURANCE HOLDINGS LTD | 0.5% | $7.9m | 216,401 | – | new | |
| 42 | ETNBGBP 89BIO INC | 0.5% | $7.8m | 529,800 | – | new | |
| 43 | PFMTUSD PERFORMANT HEALTHCARE INC | 0.5% | $7.5m | 969,869 | – | new | |
| 44 | 37M MRC GLOBAL INC | 0.4% | $7.3m | 509,400 | 210% | added | |
| 45 | VMEO* VIMEO INC | 0.4% | $7.1m | 921,885 | – | new | |
| 46 | ANYWHERE REAL ESTATE INC | 0.4% | $7.1m | 667,320 | – | new | |
| 47 | 8LP1 VITAL ENERGY INC | 0.4% | $6.6m | 392,555 | – | new | |
| 48 | IAS INTEGRAL AD SCIENCE HLDNG CO | 0.4% | $6.5m | 641,140 | – | new | |
| 49 | IMXI INTERNATIONAL MNY EXPRESS IN | Technology | 0.4% | $5.8m | 418,592 | – | new |
| 50 | GU9 GUESS INC | 0.4% | $5.8m | 345,397 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.