# ALPINE ASSOCIATES MANAGEMENT INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1396835. Source: https://holderbook.com/funds/1396835-alpine-associates-management-inc/

- Reported value: $1.6B
- Positions: 66
- Weight of the ten largest: 45.5%
- Filed: 2026-08-06

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $145.2M | 461,655 | 9.1% | 4 |
| CHART INDS INC | [GTLS](https://holderbook.com/stocks/GTLS/) | $103.2M | 493,910 | 6.5% | 5 |
| QORVO INC | [QRVO](https://holderbook.com/stocks/QRVO/) | $74.4M | 798,159 | 4.7% | 3 |
| SILICON LABORATORIES INC | [SLAB](https://holderbook.com/stocks/SLAB/) | $65.3M | 298,739 | 4.1% | 2 |
| UNIFIRST CORP MASS | [UNF](https://holderbook.com/stocks/UNF/) | $62.2M | 235,364 | 3.9% | 2 |
| PENUMBRA INC | [PEN](https://holderbook.com/stocks/PEN/) | $59.7M | 188,986 | 3.7% | 2 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $58.3M | 3,051,520 | 3.7% | 3 |
| WEBSTER FINL CORP | [WBS](https://holderbook.com/stocks/WBS/) | $57.9M | 758,050 | 3.6% | 2 |
| ELECTRONIC ARTS INC | [EA](https://holderbook.com/stocks/EA/) | $53.3M | 259,855 | 3.3% | 4 |
| SKYWATER TECHNOLOGY INC | [SKYT](https://holderbook.com/stocks/SKYT/) | $47.2M | 1,356,200 | 3.0% | 2 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $45.6M | 1,711,995 | 2.9% | 3 |
| ROKU INC | [ROKU](https://holderbook.com/stocks/ROKU/) | $45.3M | 328,250 | 2.8% | 1 |
| TOPBUILD COR | [BLD](https://holderbook.com/stocks/BLD/) | $38.9M | 91,308 | 2.4% | 1 |
| GLOBALSTAR INC | [GSAT](https://holderbook.com/stocks/GSAT/) | $38.0M | 467,647 | 2.4% | 1 |
| BIO-TECHNE CORP | [TECH](https://holderbook.com/stocks/TECH/) | $35.5M | 502,000 | 2.2% | 1 |
| VALARIS LTD | [VAL](https://holderbook.com/stocks/VAL/) | $34.1M | 470,349 | 2.1% | 2 |
| BRIGHTHOUSE FINL INC | [BHF](https://holderbook.com/stocks/BHF/) | $31.1M | 490,920 | 1.9% | 3 |
| JANUS HENDERSON GROUP PLC | [JHG](https://holderbook.com/stocks/JHG/) | $30.6M | 587,894 | 1.9% | 3 |
| AES CORP | [AES](https://holderbook.com/stocks/AES/) | $30.3M | 2,067,444 | 1.9% | 2 |
| NCR ATLEOS CORPORATION | [NATL](https://holderbook.com/stocks/NATL/) | $28.9M | 665,650 | 1.8% | 2 |
| LIVERAMP HLDGS INC | [RAMP](https://holderbook.com/stocks/RAMP/) | $27.6M | 734,350 | 1.7% | 1 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $26.4M | 386,200 | 1.7% | 1 |
| AXCELIS TECHNOLOGIES INC | [ACLS](https://holderbook.com/stocks/ACLS/) | $25.6M | 134,905 | 1.6% | 1 |
| TXNM ENERGY INC | [TXNM](https://holderbook.com/stocks/TXNM/) | $24.6M | 433,368 | 1.5% | 5 |
| DIGITALBRIDGE GROUP INC | [DBRG](https://holderbook.com/stocks/DBRG/) | $24.3M | 1,542,240 | 1.5% | 3 |
| ZIM INTEGRATED SHIPPING SERV | [ZIM](https://holderbook.com/stocks/ZIM/) | $24.3M | 935,949 | 1.5% | 2 |
| SELECT MED HLDGS CORP | [SEM](https://holderbook.com/stocks/SEM/) | $21.5M | 1,304,404 | 1.3% | 2 |
| NATIONAL STORAGE AFFILIATES | [NSA](https://holderbook.com/stocks/NSA/) | $21.1M | 473,739 | 1.3% | 2 |
| ORGANON & CO | [OGN](https://holderbook.com/stocks/OGN/) | $18.2M | 1,345,233 | 1.1% | 1 |
| CAESARS ENTERTAINMENT INC NE | [CZR](https://holderbook.com/stocks/CZR/) | $17.0M | 564,599 | 1.1% | 1 |
| NUVALENT INC | [NUVL](https://holderbook.com/stocks/NUVL/) | $16.0M | 129,300 | 1.0% | 1 |
| IRIDIUM COMMUNICATIONS INC | [IRDM](https://holderbook.com/stocks/IRDM/) | $15.9M | 289,700 | 1.0% | 1 |
| SHUTTERSTOCK INC | [SSTK](https://holderbook.com/stocks/SSTK/) | $15.8M | 1,135,555 | 1.0% | 6 |
| LIBERTY BROADBAND CORP | [LBRDK](https://holderbook.com/stocks/LBRDK/) | $15.6M | 469,762 | 1.0% | 4 |
| INTERNATIONAL MONEY EXPRESS | [IMXI](https://holderbook.com/stocks/IMXI/) | $14.3M | 987,150 | 0.9% | 4 |
| WHITESTONE REIT | [WSR](https://holderbook.com/stocks/WSR/) | $12.1M | 639,008 | 0.8% | 1 |
| TALKSPACE INC | [TALK](https://holderbook.com/stocks/TALK/) | $11.6M | 2,232,576 | 0.7% | 2 |
| LEGGETT & PLATT INC | [LEG](https://holderbook.com/stocks/LEG/) | $11.2M | 960,100 | 0.7% | 1 |
| STELLAR BANCORP INC | [STEL](https://holderbook.com/stocks/STEL/) | $11.2M | 283,750 | 0.7% | 2 |
| SILA REALTY TRUST INC | [SILA](https://holderbook.com/stocks/SILA/) | $11.1M | 365,529 | 0.7% | 1 |
| AVANOS MED INC | [AVNS](https://holderbook.com/stocks/AVNS/) | $10.8M | 432,621 | 0.7% | 1 |
| LCI INDS | [LCII](https://holderbook.com/stocks/LCII/) | $10.2M | 96,600 | 0.6% | 1 |
| XOMA ROYALTY CORPORATION | [XOMA](https://holderbook.com/stocks/XOMA/) | $10.2M | 239,318 | 0.6% | 1 |
| COREBRIDGE FINL INC | [CRBG](https://holderbook.com/stocks/CRBG/) | $9.9M | 345,580 | 0.6% | 2 |
| ALLIED GOLD CORP | [AAUC](https://holderbook.com/stocks/AAUC/) | $9.3M | 392,168 | 0.6% | 2 |
| SUNOCOCORP LLC | [SUNC](https://holderbook.com/stocks/SUNC/) | $8.6M | 127,523 | 0.5% | 3 |
| GLOBAL BUSINESS TRAVEL GROUP | [GBTG](https://holderbook.com/stocks/GBTG/) | $8.6M | 914,066 | 0.5% | 1 |
| COMPASS INC | [COMP](https://holderbook.com/stocks/COMP/) | $8.3M | 670,296 | 0.5% | 2 |
| TWO HARBORS INVENTMENT CORPO | [TWO](https://holderbook.com/stocks/TWO/) | $8.2M | 661,234 | 0.5% | 3 |
| APOGEE THERAPEUTICS INC | [APGE](https://holderbook.com/stocks/APGE/) | $7.7M | 57,900 | 0.5% | 1 |
| PAYONEER GLOBAL INC | [PAYO](https://holderbook.com/stocks/PAYO/) | $7.1M | 1,000,000 | 0.4% | 1 |
| SYNAPTICS INC | [SYNA](https://holderbook.com/stocks/SYNA/) | $6.0M | 48,400 | 0.4% | 1 |
| ARCOSA INC | [ACA](https://holderbook.com/stocks/ACA/) | $5.6M | 38,600 | 0.4% | 1 |
| CECO ENVIRONMENTAL CORP | [CECO](https://holderbook.com/stocks/CECO/) | $5.3M | 58,934 | 0.3% | 1 |
| ABIVAX SA | [ABVX](https://holderbook.com/stocks/ABVX/) | $5.1M | 38,500 | 0.3% | 1 |
| AXALTA COATING SYS LTD | [AXTA](https://holderbook.com/stocks/AXTA/) | $4.9M | 143,556 | 0.3% | 3 |
| ESPERION THERAPEUTICS INC NE | [ESPR](https://holderbook.com/stocks/ESPR/) | $4.7M | 1,500,000 | 0.3% | 1 |
| PATRICK INDS INC | [PATK](https://holderbook.com/stocks/PATK/) | $4.3M | 48,300 | 0.3% | 1 |
| CLEAR CHANNEL OUTDOOR HLDGS | [CCO](https://holderbook.com/stocks/CCO/) | $3.6M | 1,492,401 | 0.2% | 2 |
| MASTERBRAND INC | [MBC](https://holderbook.com/stocks/MBC/) | $3.1M | 297,262 | 0.2% | 1 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $1.8M | 19,400 | 0.1% | 1 |
| GOLD RESOURCE CORP | [GORO](https://holderbook.com/stocks/GORO/) | $1.7M | 1,379,877 | 0.1% | 2 |
| MODIV INDUSTRIAL INC | [MDV](https://holderbook.com/stocks/MDV/) | $870.0K | 50,000 | 0.1% | 1 |
| GEN DIGITAL INC | [GENVR](https://holderbook.com/stocks/GENVR/) | $425.0K | 329,465 | 0.0% | 5 |
| BRINKS CO | [BCO](https://holderbook.com/stocks/BCO/) | $361.8K | 3,829 | 0.0% | 2 |
| GETTY IMAGES HOLDINGS INC | [GETY](https://holderbook.com/stocks/GETY/) | $80.7K | 93,808 | 0.0% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.9% | +14.8% | -10.0% | 76% |
| Q1 2026 | -1.5% | -4.6% | +3.1% | 61% |
| Q4 2025 | +1.0% | +2.4% | -1.3% | 64% |
| Q3 2025 | +7.1% | +7.8% | -0.7% | 69% |
| Q2 2025 | -1.7% | +10.5% | -12.2% | 81% |
| Q1 2025 | +4.3% | -4.6% | +8.9% | 81% |
| Q4 2024 | +0.2% | +2.1% | -1.9% | 70% |
| Q3 2024 | +1.0% | +5.4% | -4.4% | 88% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.6B | 66 |
| Q1 2026 | $1.7B | 70 |
| Q4 2025 | $1.5B | 67 |
| Q3 2025 | $1.7B | 67 |
| Q2 2025 | $1.9B | 50 |
| Q1 2025 | $1.9B | 45 |
| Q4 2024 | $1.6B | 42 |
| Q3 2024 | $2.2B | 49 |
| Q2 2024 | $2.1B | 43 |
| Q1 2024 | $2.6B | 40 |
| Q4 2023 | $2.0B | 37 |
| Q3 2023 | $1.9B | 35 |