Alpine Associates Management Inc. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Alpine Associates Management Inc. disclosed 66 US equity positions worth $1.5bn in its Q4 2025 13F filing. The largest position was NSC at 9.1% of the reported book, followed by CHART INDS INC and CYBERARK SOFTWARE LTD. Against the Q3 2025 filing, it opened 28 new positions, added to 10 and reduced 12 among the top 50 holdings.
What did Alpine Associates Management Inc. own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NSC NORFOLK SOUTHN CORP | Industrials | 9.1% | $135.2m | 468,155 | -7% | reduced |
| 2 | CHART INDS INC | 6.0% | $88.9m | 430,936 | -15% | reduced | |
| 3 | CYBERARK SOFTWARE LTD | 5.7% | $84.9m | 190,355 | -7% | reduced | |
| 4 | EXK EXACT SCIENCES CORP | Basic Materials | 5.5% | $81.8m | 805,500 | – | new |
| 5 | NGDN NEW GOLD INC CDA | 5.5% | $81.6m | 9,363,161 | – | new | |
| 6 | FYBR FRONTIER COMMUNICATIONS PARE | 4.9% | $72.8m | 1,911,556 | -7% | reduced | |
| 7 | AIR LEASE CORP | 4.8% | $71.9m | 1,118,656 | 2240% | added | |
| 8 | BA BOEING CO | Industrials | 4.3% | $64.0m | 294,701 | – | new |
| 9 | RNAGBP AVIDITY BIOSCIENCES INC | 4.2% | $62.6m | 867,530 | – | new | |
| 10 | EA ELECTRONIC ARTS INC | Communication Services | 3.7% | $55.5m | 271,400 | 156% | added |
| 11 | CDTX CIDARA THERAPEUTICS INC | 3.1% | $46.1m | 208,560 | – | new | |
| 12 | KVUE KENVUE INC | Consumer Defensive | 2.5% | $37.2m | 2,158,626 | – | new |
| 13 | QRVO QORVO INC | Technology | 2.4% | $35.1m | 415,059 | – | new |
| 14 | HO1 HOLOGIC INC | 2.2% | $32.4m | 435,350 | – | new | |
| 15 | TXNM TXNM ENERGY INC | Utilities | 2.0% | $29.8m | 506,807 | 39% | added |
| 16 | BHF BRIGHTHOUSE FINL INC | Financial Services | 1.6% | $24.1m | 372,683 | – | new |
| 17 | DAY DAYFORCE INC | 1.6% | $23.1m | 334,426 | 117% | added | |
| 18 | 8L8C LIBERTY BROADBAND CORP | 1.6% | $23.1m | 474,349 | -7% | reduced | |
| 19 | SSTK SHUTTERSTOCK INC | Communication Services | 1.5% | $22.1m | 1,154,955 | 28% | added |
| 20 | CMA COMERICA INC | 1.4% | $20.9m | 240,376 | – | new | |
| 21 | UTE0 CANTALOUPE INC | 1.4% | $20.3m | 1,910,357 | -1% | reduced | |
| 22 | PRA PROASSURANCE CORP | 1.4% | $20.2m | 835,890 | -12% | reduced | |
| 23 | ANYWHERE REAL ESTATE INC | 1.3% | $19.8m | 1,397,243 | 109% | added | |
| 24 | TGNA TEGNA INC | 1.2% | $18.6m | 956,367 | 24% | added | |
| 25 | 8QR CONFLUENT INC | 1.2% | $18.5m | 610,500 | – | new | |
| 26 | SEALED AIR CORP NEW | 1.2% | $17.7m | 427,100 | – | new | |
| 27 | 9HI HILLENBRAND INC | 1.2% | $17.4m | 548,200 | – | new | |
| 28 | WBD WARNER BROS DISCOVERY INC | Communication Services | 1.1% | $16.4m | 570,000 | – | new |
| 29 | AM6 AMICUS THERAPEUTICS INC | 0.9% | $13.5m | 949,200 | – | new | |
| 30 | JANUS HENDERSON GROUP PLC | 0.8% | $12.4m | 260,042 | – | new | |
| 31 | 1RG REV GROUP INC | 0.8% | $12.3m | 202,491 | – | new | |
| 32 | JAMF JAMF HLDG CORP | 0.8% | $12.2m | 940,798 | – | new | |
| 33 | AMERICAN WOODMARK CORPORATIO | 0.8% | $12.2m | 226,833 | 8% | added | |
| 34 | AVADEL PHARMACEUTICALS PLC | 0.8% | $11.3m | 525,550 | – | new | |
| 35 | RKT ROCKET COS INC | Financial Services | 0.7% | $11.1m | 574,254 | – | new |
| 36 | STAA STAAR SURGICAL CO | Healthcare | 0.7% | $10.8m | 466,607 | -49% | reduced |
| 37 | SEMREUR SEMRUSH HLDGS INC | 0.7% | $10.5m | 879,994 | – | new | |
| 38 | 75Z SOHO HOUSE & CO INC | 0.7% | $10.4m | 1,160,256 | 6% | added | |
| 39 | VECO VEECO INSTRS INC DEL | Technology | 0.7% | $10.1m | 353,400 | – | new |
| 40 | CATBUSD ASTRIA THERAPEUTICS INC | 0.6% | $9.5m | 728,922 | – | new | |
| 41 | SYU1 SYNOVUS FINL CORP | 0.6% | $9.5m | 190,312 | -7% | reduced | |
| 42 | ASPEN INSURANCE HOLDINGS LTD | 0.6% | $9.4m | 252,487 | 17% | added | |
| 43 | CWAN CLEARWATER ANALYTICS HLDGS I | Technology | 0.6% | $9.3m | 385,000 | – | new |
| 44 | SIMO SILICON MOTION TECHNOLOGY CO | Technology | 0.5% | $7.4m | 79,976 | -68% | reduced |
| 45 | DVAX DYNAVAX TECHNOLOGIES CORP | 0.5% | $7.3m | 475,000 | – | new | |
| 46 | IMXI INTERNATIONAL MNY EXPRESS IN | Technology | 0.4% | $6.0m | 390,333 | -7% | reduced |
| 47 | DBRG DIGITALBRIDGE GROUP INC | Financial Services | 0.4% | $5.8m | 380,000 | – | new |
| 48 | GU9 GUESS INC | 0.4% | $5.4m | 322,209 | -7% | reduced | |
| 49 | TWO HBRS INVT CORP | 0.3% | $5.0m | 474,600 | – | new | |
| 50 | ALEX ALEXANDER & BALDWIN INC NEW | 0.3% | $4.7m | 228,294 | – | 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.