Vault-13

ALPINE INCOME PPTY TR INC PINE

COM · REIT · CUSIP 02083X103

118 institutional holders -2 vs Q1 2025
8,223,3728.2m shares reported held*
58.1% of all shares outstanding*
$121.0mreported value*
11 new 41 added 37 reduced 14 sold out net bought ≈ $498.4k (-52.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($841.1k this quarter). Holder counts are more reliable. Shares outstanding: 14.2m as of 2025-07-17, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $14.71. Options: 3 managers hold calls ($239.0k notional), 2 hold puts ($154.0k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 74Q4 22: 84Q1 23: 82Q2 23: 93Q3 23: 81Q4 23: 79Q1 24: 84Q2 24: 87Q3 24: 108Q4 24: 119Q1 25: 120Q2 25: 118118Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202274
Q4 202284
Q1 202382
Q2 202393
Q3 202381
Q4 202379
Q1 202484
Q2 202487
Q3 2024108
Q4 2024119
Q1 2025120
Q2 2025118

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 36 bought or addedQ3 23: 40 cut or sold outQ4 23: 31 bought or addedQ4 23: 39 cut or sold outQ4 23Q1 24: 38 bought or addedQ1 24: 37 cut or sold outQ2 24: 39 bought or addedQ2 24: 41 cut or sold outQ2 24Q3 24: 61 bought or addedQ3 24: 33 cut or sold outQ4 24: 70 bought or addedQ4 24: 34 cut or sold outQ4 24Q1 25: 45 bought or addedQ1 25: 60 cut or sold outQ2 25: 52 bought or addedQ2 25: 51 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233640
Q4 20233139
Q1 20243837
Q2 20243941
Q3 20246133
Q4 20247034
Q1 20254560
Q2 20255251

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ3 24 calls: $187.5kQ3 24 puts: $26.5kQ3 24P/C 0.14Q4 24 calls: $283.7kQ4 24 puts: $93.2kQ4 24P/C 0.33Q1 25 calls: $581.5kQ1 25 puts: $282.3kQ1 25P/C 0.49Q2 25 calls: $239.0kQ2 25 puts: $154.0kQ2 25P/C 0.64
Numbers
QuarterCallsPutsP/C
Q3 2024$187.5k$26.5k0.14
Q4 2024$283.7k$93.2k0.33
Q1 2025$581.5k$282.3k0.49
Q2 2025$239.0k$154.0k0.64

Biggest buyers

GABELLI FUNDS LLC New +246,134+246.1k
Sound Income Strategies, LLC Added +96,519+96.5k
Penserra Capital Management LLC New +68,843+68.8k
CITADEL ADVISORS LLC Added +61,814+61.8k
TWO SIGMA INVESTMENTS, LP Added +35,415+35.4k
GAMCO INVESTORS, INC. ET AL New +31,761+31.8k
GOLDMAN SACHS GROUP INC Added +28,739+28.7k
UBS Group AG Added +27,632+27.6k
RENAISSANCE TECHNOLOGIES LLC Added +19,800+19.8k
GEODE CAPITAL MANAGEMENT, LLC Added +17,947+17.9k

Biggest sellers

Nuveen, LLC Reduced -229,864-229.9k
KENNEDY CAPITAL MANAGEMENT LLC Reduced -186,353-186.4k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -72,257-72.3k
Thrivent Financial for Lutherans Sold out -32,370-32.4k
BlackRock, Inc. Reduced -31,134-31.1k
DEPRINCE RACE & ZOLLO INC Reduced -30,858-30.9k
RAYMOND JAMES FINANCIAL INC Reduced -28,845-28.8k
Cubist Systematic Strategies, LLC Sold out -24,563-24.6k
DEUTSCHE BANK AG\ Reduced -19,814-19.8k
FRANKLIN RESOURCES INC Reduced -16,700-16.7k

Biggest calls

CITADEL ADVISORS LLC Reduced $228.0k15.5k shares
SIMPLEX TRADING, LLC Unchanged $11.0k800 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SIMPLEX TRADING, LLC Reduced $154.0k10.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution -1.2 pts · filed 2025-04-17 5.9% -1.2 pts 870.1k≈ $18.1m 2025-04-17

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 1 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 1 sellingQ4 24: 0 buyingQ4 24: 2 sellingQ4 24Q1 25: 0 buyingQ1 25: 1 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—1$6—
Q2 20240—0——
Q3 20240—1$18.1k—
Q4 20240—2$71.5k—
Q1 20250—1$40.0k—
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,068,2961.1m $15.7m $15.7m 0.00% Reduced -31.1k -31,134
2 Sound Income Strategies, LLC 0.88% of their portfolio FT LAUDERDALE, FL 1,047,0551.0m $15.4m $15.4m 0.88% Added +96.5k +96,519
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 766,823766.8k $11.3m $11.3m 0.00% Added +11.9k +11,918
4 HEARTLAND ADVISORS INC 0.45% of their portfolio MILWAUKEE, WI 553,630553.6k $8.1m $8.1m 0.45% Added +600 +600
5 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 332,426332.4k $4.9m $4.9m 0.01% Added +11.7k +11,712
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 327,734327.7k $4.8m $4.8m 0.00% Added +17.9k +17,947
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 280,184280.2k $4.1m $4.1m 0.00% Reduced -5.7k -5,704
8 Pacific Ridge Capital Partners, LLC 0.98% of their portfolio LAKE OSWEGO, OR 279,528279.5k $4.1m $4.1m 0.98% Reduced -4.2k -4,152
9 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 246,134246.1k $3.6m $3.6m 0.03% New
10 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 201,168201.2k $3.0m $3.0m 0.00% Reduced -16.7k -16,700
11 Truvestments Capital LLC 0.58% of their portfolio SARASOTA, FL 198,671198.7k $2.9m $2.9m 0.58% Added +6.3k +6,308
12 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 193,703193.7k $2.8m $2.8m 0.01% Unchanged
13 DEPRINCE RACE & ZOLLO INC 0.05% of their portfolio Winter Park, FL 158,199158.2k $2.3m $2.3m 0.05% Reduced -30.9k -30,858
14 KENNEDY CAPITAL MANAGEMENT LLC 0.05% of their portfolio ST LOUIS, MO 150,480150.5k $2.2m $2.2m 0.05% Reduced -186.4k -186,353
15 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 144,960145.0k $2.1m $2.1m 0.00% Added +61.8k +61,814
16 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 136,982137.0k $2.0m $2.0m 0.00% Added +2.0k +2,015
17 Crossingbridge Advisors, LLC 1.46% of their portfolio PLEASANTVILLE, NY 112,674112.7k $1.7m $1.7m 1.46% Unchanged
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 96,65196.7k $1.4m $1.4m 0.00% Reduced -1.3k -1,343
19 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 88,75388.8k $1.3m $1.3m 0.00% Reduced -229.9k -229,864
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 86,00686.0k $1.3m $1.3m 0.00% Added +4.4k +4,409
21 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 81,20081.2k $1.2m $1.2m 0.00% Reduced -28.8k -28,845
22 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 78,80078.8k $1.2m $1.2m 0.00% Added +19.8k +19,800
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 77,05377.1k $1.1m $1.1m 0.00% Added +28.7k +28,739
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 74,59374.6k $1.1m $1.1m 0.00% Added +35.4k +35,415
25 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 73,56173.6k $1.1m $1.1m 0.00% Reduced -72.3k -72,257
26 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 68,84368.8k $1.0m $1.0m 0.01% New
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 61,05361.1k $898.1k $898.1k 0.00% Reduced -12.0k -12,009
28 Guardian Wealth Management, Inc. 0.58% of their portfolio PEORIA, IL 59,62759.6k $877.1k $877.1k 0.58% Added +1.7k +1,722
29 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 54,06854.1k $794.0k $794.0k 0.00% Reduced -12.6k -12,575
30 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 47,16847.2k $694.0k $694.0k 0.00% Unchanged
31 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 44,58944.6k $655.9k $655.9k 0.00% Reduced -4.1k -4,088
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 43,41943.4k $638.7k $638.7k 0.00% Added +27.6k +27,632
33 GLOBEFLEX CAPITAL L P 0.05% of their portfolio SAN DIEGO, CA 40,41940.4k $594.6k $594.6k 0.05% Unchanged
34 Man Group plc 0.00% of their portfolio LONDON, X0 40,24240.2k $592.0k $592.0k 0.00% Reduced -119 -119
35 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 39,84839.8k $586.2k $586.2k 0.00% Added +12.1k +12,063
36 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 37,30937.3k $548.8k $548.8k 0.01% Reduced -11.8k -11,785
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 36,74436.7k $540.5k $540.5k 0.00% Added +2.4k +2,385
38 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 35,34235.3k $519.9k $519.9k 0.00% Unchanged
39 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 34,82334.8k $512.2k $512.2k 0.00% Added +962 +962
40 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 33,15033.1k $487.6k $487.6k 0.00% Reduced -2.8k -2,809
41 Cambria Investment Management, L.P. 0.03% of their portfolio Manhattan Beach, CA 33,12433.1k $487.3k $487.3k 0.03% Added +6.2k +6,179
42 Boston Partners 0.00% of their portfolio BOSTON, MA 32,41132.4k $476.8k $476.8k 0.00% Added +50 +50
43 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 31,76131.8k $467.2k $467.2k 0.00% New
44 EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio Oklahoma City, OK 30,45630.5k $448.0k $448.0k 0.01% Added +3.4k +3,392
45 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 28,50028.5k $419.2k $419.2k 0.00% Added +11.4k +11,400
46 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 28,18128.2k $414.5k $414.5k 0.00% Added +7.5k +7,529
47 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 27,86627.9k $411.6k $411.6k 0.00% Added +8.3k +8,278
48 Cottage Street Advisors LLC 0.20% of their portfolio MARION, MA 25,51725.5k $375.4k $375.4k 0.20% Reduced -16.0k -16,005
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 24,84224.8k $366.0k $366.0k 0.00% Added +14.5k +14,511
50 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 24,34724.3k $358.1k $358.1k 0.00% Reduced -19.8k -19,814
51 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 23,95824.0k $352.4k $352.4k 0.00% Added +526 +526
52 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 23,24523.2k $341.9k $341.9k 0.00% Added +2.5k +2,488
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 22,29722.3k $328.0k $328.0k 0.00% Added +8.4k +8,357
54 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 20,21120.2k $297.3k $297.3k 0.00% Reduced -6.3k -6,279
55 Asset Management One Co., Ltd. 0.00% of their portfolio TOKYO, M0 18,37618.4k $270.3k $270.3k 0.00% Unchanged
56 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 17,50017.5k $257.4k $257.4k 0.00% Unchanged
57 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 17,29117.3k $254.0k $254.0k 0.02% Reduced -555 -555
58 ALPS ADVISORS INC 0.00% of their portfolio Denver, CO 17,23317.2k $253.5k $253.5k 0.00% Added +590 +590
59 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,32616.3k $240.2k $240.2k 0.00% Added +540 +540
60 MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio BOSTON, MA 15,74515.7k $231.6k $231.6k 0.01% Reduced -4.0k -4,012
61 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 15,62015.6k $229.8k $229.8k 0.00% Added +1.8k +1,810
62 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 15,28515.3k $224.8k $224.8k 0.00% Reduced -7.2k -7,194
63 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 13,79013.8k $202.9k $202.9k 0.00% New
64 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 13,74913.7k $202.2k $202.2k 0.00% Added +617 +617
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 13,73413.7k $202.0k $202.0k 0.00% Added +601 +601
66 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,60813.6k $200.2k $200.2k 0.00% Reduced -9.5k -9,518
67 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 12,90012.9k $189.8k $189.8k 0.00% Reduced -1.2k -1,194
68 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.01% of their portfolio BLOOMFIELD HILLS, MI 12,40012.4k $182.0k $182.0k 0.01% Reduced -8.7k -8,700
69 Diligent Investors, LLC 0.04% of their portfolio REDLANDS, CA 12,01112.0k $176.7k $176.7k 0.04% Reduced -4.6k -4,572
70 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 11,61111.6k $170.8k $170.8k 0.00% Reduced -57 -57
71 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 11,38011.4k $167.4k $167.4k 0.00% New
72 FMR LLC 0.00% of their portfolio BOSTON, MA 10,70910.7k $157.5k $157.5k 0.00% Added +9.6k +9,616
73 JEPPSON WEALTH MANAGEMENT, LLC 0.05% of their portfolio MANHATTAN BEACH, CA 10,30710.3k $151.6k $151.6k 0.05% New
74 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 9,0169.0k $132.6k $132.6k 0.00% Unchanged
75 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,6428.6k $127.1k $127.1k 0.00% Reduced -4.8k -4,783
76 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 8,0888.1k $119.0k $119.0k 0.00% Reduced -12 -12
77 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 7,7857.8k $114.5k $114.5k 0.00% Unchanged
78 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 7,1607.2k $105.3k $105.3k 0.00% Reduced -312 -312
79 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 6,0316.0k $88.0k $88.0k 0.00% Unchanged
80 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 5,7475.7k $84.0k $84.0k 0.00% Added +3.3k +3,313
81 Resona Asset Management Co.,Ltd. 0.00% of their portfolio KOTO-KU,TOKYO, M0 5,3805.4k $79.5k $79.5k 0.00% Unchanged
82 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,0075.0k $73.7k $73.7k 0.00% Unchanged
83 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 4,3714.4k $64.3k $64.3k 0.00% Unchanged
84 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,3044.3k $63.3k $63.3k 0.00% Reduced -4.4k -4,443
85 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 3,7833.8k $56.0k $56.0k 0.00% Unchanged
86 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,6632.7k $39.2k $39.2k 0.00% Reduced -294 -294
87 AMERIFLEX GROUP, INC. 0.02% of their portfolio LAS VEGAS, NV 2,6032.6k $38.6k $38.6k 0.02% Unchanged
88 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 2,5002.5k $36.8k $36.8k 0.00% Unchanged
89 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 2,3182.3k $34.1k $34.1k 0.00% Reduced -897 -897
90 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,2442.2k $33.0k $33.0k 0.00% Added +507 +507
91 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,8191.8k $26.8k $26.8k 0.00% Added +1.0k +1,031
92 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 1,5701.6k $23.1k $23.1k 0.00% Unchanged
93 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,5651.6k $23.0k $23.0k 0.00% New
94 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,3151.3k $19.3k $19.3k 0.00% Unchanged
95 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,2851.3k $18.9k $18.9k 0.00% Added +1.2k +1,235
96 Legal & General Group Plc 0.00% of their portfolio London, X0 1,2031.2k $17.7k $17.7k 0.00% Unchanged
97 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,0761.1k $15.8k $15.8k 0.00% Unchanged
98 OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.01% of their portfolio FLINT, MI 1,0071.0k $16.8k $16.8k 0.01% First filing
99 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 907907 $13.3k $13.3k 0.00% Unchanged
100 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 439439 $6.0k $6.0k 0.00% Unchanged