ALPINE ASSOCIATES MANAGEMENT INC.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, ALPINE ASSOCIATES MANAGEMENT INC. maintained a portfolio of 107 distinct positions. The most significant new addition to the portfolio was EXACT SCIENCES CORP, which now represents 5.44% of the total fund value. Conversely, ALPINE ASSOCIATES MANAGEMENT INC. completely exited their position in VERONA PHARMA PLC.
PCA Score Concentration Risk
Risk ENB
Total Positions
107
Quarter
2025 Q4
Top Holding
NSC (9.0%)
Top 10 Concentration
53.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 107
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
NSC
NORFOLK SOUTHN ...
Industrials 8.99% 9.11% #1
Prev: #1
6.1 -34,455 -6.9%
P
S
468,155 $135,165,712 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GTLS
CHART INDS INC
Industrials 5.91% 6.15% #2 2
Prev: #4
4.4 -78,174 -15.4%
P
S
430,936 $88,871,932 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CYBR
CYBERARK SOFTWA...
Technology 5.65% 5.95% #3 3
Prev: #6
3.8 -13,795 -6.8%
P
S
190,355 $84,909,752 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EXAS
EXACT SCIENCES ...
Healthcare 5.44% #4
Prev: #—
6.2 805,500 no change
NEW
805,500 $81,806,582 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NGD
NEW GOLD INC CD...
Basic Materials 5.42% #5
Prev: #—
6.2 9,363,161 no change
NEW
9,363,161 $81,553,132 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FYBR
FRONTIER COMMUN...
Communication Services 4.84% 4.65% #6 3
Prev: #9
2.4 -151,591 -7.3%
P
S
1,911,556 $72,772,936 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AL
AIR LEASE CORP
Industrials 4.78% 0.18% #7 53
Prev: #60
4.9 1,070,853 2240.1%
P
S
1,118,656 $71,851,275 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BA
BOEING CO
Industrials 4.26% #8
Prev: #—
5.2 294,701 no change
NEW
294,701 $63,985,480 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RNA
AVIDITY BIOSCIE...
Healthcare 4.16% #9
Prev: #—
5.2 867,530 no change
NEW
867,530 $62,574,938 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EA
ELECTRONIC ARTS...
Communication Services 3.69% 1.29% #10 10
Prev: #20
4.5 165,400 156.0%
P
S
271,400 $55,455,161 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CDTX
CIDARA THERAPEU...
Healthcare 3.06% #11
Prev: #—
4.7 208,560 no change
NEW
208,560 $46,068,818 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KVUE
KENVUE INC
Consumer Defensive 2.48% #12
Prev: #—
4.5 2,158,626 no change
NEW
2,158,626 $37,236,300 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QRVO
QORVO INC
Technology 2.33% #13
Prev: #—
4.4 415,059 no change
NEW
415,059 $35,076,637 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HOLX
HOLOGIC INC
Healthcare 2.16% #14
Prev: #—
4.4 435,350 no change
NEW
435,350 $32,429,223 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TXNM
TXNM ENERGY INC
Utilities 1.98% 1.24% #15 6
Prev: #21
3.3 143,299 39.4%
P
S
506,807 $29,840,797 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BHF
BRIGHTHOUSE FIN...
Financial Services 1.61% #16
Prev: #—
4.1 372,683 no change
NEW
372,683 $24,146,133 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DAY
DAYFORCE INC
Technology 1.54% 0.64% #17 15
Prev: #32
3.6 180,464 117.2%
P
S
334,426 $23,128,903 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LBRDK
LIBERTY BROADBA...
Communication Services 1.53% 1.95% #18 4
Prev: #14
1.1 -34,351 -6.8%
P
S
474,349 $23,053,362 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SSTK
SHUTTERSTOCK IN...
Communication Services 1.47% 1.14% #19 4
Prev: #23
3.1 252,494 28.0%
P
S
1,154,955 $22,059,640 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CMA
COMERICA INC
Financial Services 1.39% #20
Prev: #—
4.1 240,376 no change
NEW
240,376 $20,895,885 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CTLP
CANTALOUPE INC
Technology 1.35% 1.23% #21 1
Prev: #22
1.0 -23,849 -1.2%
P
S
1,910,357 $20,287,991 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PRA
PROASSURANCE CO...
Financial Services 1.34% 1.38% #22 4
Prev: #18
1.0 -116,657 -12.2%
P
S
835,890 $20,195,102 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HOUS
ANYWHERE REAL E...
Real Estate 1.32% 0.43% #23 24
Prev: #47
3.5 729,923 109.4%
P
S
1,397,243 $19,784,961 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TGNA
TEGNA INC
Communication Services 1.23% 0.94% #24
Prev: #24
3.0 187,997 24.5%
P
S
956,367 $18,563,083 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CFLT
CONFLUENT INC
Technology 1.23% #25
Prev: #—
4.0 610,500 no change
NEW
610,500 $18,461,520 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VRNA
VERONA PHARMA P...
Unknown 0.00% 7.45%
Sold All 😨
(Was: #2)
0.0 -1,157,050 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
K
KELLANOVA
Consumer Defensive 0.00% 6.50%
Sold All 😨
(Was: #3)
0.0 -1,312,677 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SPR
SPIRIT AEROSYST...
Industrials 0.00% 6.14%
Sold All 😨
(Was: #5)
0.0 -2,634,904 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
COOP
MR COOPER GROUP...
Unknown 0.00% 5.23%
Sold All 😨
(Was: #7)
0.0 -406,140 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MRUS
MERUS N V
Healthcare 0.00% 4.75%
Sold All 😨
(Was: #8)
0.0 -835,600 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IPG
INTERPUBLIC GRO...
Communication Services 0.00% 3.22%
Sold All 😨
(Was: #10)
0.0 -1,913,244 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SAND
SANDSTORM GOLD ...
Unknown 0.00% 2.85%
Sold All 😨
(Was: #11)
0.0 -3,767,815 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
INFA
INFORMATICA INC
Unknown 0.00% 2.52%
Sold All 😨
(Was: #12)
0.0 -1,683,653 -100.0%
CLOSED
$— 2015 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ALE
ALLETE INC
Utilities 0.00% 2.08%
Sold All 😨
(Was: #13)
0.0 -520,018 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
WNS
WNS HLDGS LTD
Unknown 0.00% 1.65%
Sold All 😨
(Was: #15)
0.0 -358,050 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AVDX
AVIDXCHANGE HOL...
Unknown 0.00% 1.35%
Sold All 😨
(Was: #19)
0.0 -2,255,100 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CVAC
CUREVAC N V
Healthcare 0.00% 0.75%
Sold All 😨
(Was: #27)
0.0 -2,295,422 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SCS
STEELCASE INC
Consumer Cyclical 0.00% 0.75%
Sold All 😨
(Was: #28)
0.0 -719,300 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ARIS
ARIS WATER SOLU...
Unknown 0.00% 0.71%
Sold All 😨
(Was: #29)
0.0 -474,609 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TIXT
TELUS INTL CDA ...
Unknown 0.00% 0.68%
Sold All 😨
(Was: #30)
0.0 -2,500,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CCRN
CROSS CTRY HEAL...
Healthcare 0.00% 0.66%
Sold All 😨
(Was: #31)
0.0 -770,029 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MTSR
METSERA INC
Healthcare 0.00% 0.62%
Sold All 😨
(Was: #33)
0.0 -195,200 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CORZ
CORE SCIENTIFIC...
Technology 0.00% 0.59%
Sold All 😨
(Was: #35)
0.0 -547,600 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TRML
TOURMALINE BIO ...
Unknown 0.00% 0.57%
Sold All 😨
(Was: #37)
0.0 -196,177 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VRNT
VERINT SYS INC
Technology 0.00% 0.56%
Sold All 😨
(Was: #38)
0.0 -455,100 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PBPB
POTBELLY CORP
Unknown 0.00% 0.54%
Sold All 😨
(Was: #39)
0.0 -524,296 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PRO
PROS HOLDINGS I...
Technology 0.00% 0.51%
Sold All 😨
(Was: #40)
0.0 -371,408 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ZIMV
ZIMVIE INC
Unknown 0.00% 0.48%
Sold All 😨
(Was: #41)
0.0 -423,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ETNB
89BIO INC
Unknown 0.00% 0.47%
Sold All 😨
(Was: #43)
0.0 -529,800 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PHLT
PERFORMANT HEAL...
Unknown 0.00% 0.45%
Sold All 😨
(Was: #44)
0.0 -969,869 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MRC
MRC GLOBAL INC
Unknown 0.00% 0.44%
Sold All 😨
(Was: #45)
0.0 -509,400 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VMEO
VIMEO INC
Unknown 0.00% 0.43%
Sold All 😨
(Was: #46)
0.0 -921,885 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VTLE
VITAL ENERGY IN...
Energy 0.00% 0.40%
Sold All 😨
(Was: #48)
0.0 -392,555 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IAS
INTEGRAL AD SCI...
Communication Services 0.00% 0.39%
Sold All 😨
(Was: #49)
0.0 -641,140 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SCPH
SCPHARMACEUTICA...
Unknown 0.00% 0.33%
Sold All 😨
(Was: #52)
0.0 -961,065 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
WOW
WIDEOPENWEST IN...
Communication Services 0.00% 0.32%
Sold All 😨
(Was: #53)
0.0 -1,025,400 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SPNS
SAPIENS INTL CO...
Technology 0.00% 0.31%
Sold All 😨
(Was: #54)
0.0 -121,339 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PAAS
PAN AMERN SILVE...
Basic Materials 0.00% 0.28%
Sold All 😨
(Was: #55)
0.0 -120,616 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TASK
TASKUS INC
Technology 0.00% 0.26%
Sold All 😨
(Was: #57)
0.0 -242,222 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PINC
PREMIER INC
Healthcare 0.00% 0.21%
Sold All 😨
(Was: #58)
0.0 -124,357 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VBTX
VERITEX HLDGS I...
Unknown 0.00% 0.21%
Sold All 😨
(Was: #59)
0.0 -102,600 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HBI
HANESBRANDS INC
Consumer Cyclical 0.00% 0.16%
Sold All 😨
(Was: #62)
0.0 -408,340 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PGRE
PARAMOUNT GROUP...
Real Estate 0.00% 0.12%
Sold All 😨
(Was: #64)
0.0 -307,363 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HNI
HNI CORP
Consumer Cyclical 0.00% 0.11%
Sold All 😨
(Was: #65)
0.0 -39,100 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SUN
SUNOCO LP/SUNOC...
Energy 0.00% 0.01%
Sold All 😨
(Was: #67)
0.0 -4,457 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 107 holdings

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