ALPINE INCOME PPTY TR INC PINE
COM · REIT · CUSIP 02083X103
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersWinter Park, FL
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 74 |
| Q4 2022 | 84 |
| Q1 2023 | 82 |
| Q2 2023 | 93 |
| Q3 2023 | 81 |
| Q4 2023 | 79 |
| Q1 2024 | 84 |
| Q2 2024 | 87 |
| Q3 2024 | 108 |
| Q4 2024 | 119 |
| Q1 2025 | 120 |
| Q2 2025 | 118 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 36 | 40 |
| Q4 2023 | 31 | 39 |
| Q1 2024 | 38 | 37 |
| Q2 2024 | 39 | 41 |
| Q3 2024 | 61 | 33 |
| Q4 2024 | 70 | 34 |
| Q1 2025 | 45 | 60 |
| Q2 2025 | 52 | 51 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $187.5k | $26.5k | 0.14 |
| Q4 2024 | $283.7k | $93.2k | 0.33 |
| Q1 2025 | $581.5k | $282.3k | 0.49 |
| Q2 2025 | $239.0k | $154.0k | 0.64 |
Biggest buyers
| GABELLI FUNDS LLC | New | +246.1k |
| Sound Income Strategies, LLC | Added | +96.5k |
| Penserra Capital Management LLC | New | +68.8k |
| CITADEL ADVISORS LLC | Added | +61.8k |
| TWO SIGMA INVESTMENTS, LP | Added | +35.4k |
| GAMCO INVESTORS, INC. ET AL | New | +31.8k |
| GOLDMAN SACHS GROUP INC | Added | +28.7k |
| UBS Group AG | Added | +27.6k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +19.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +17.9k |
Biggest sellers
| Nuveen, LLC | Reduced | -229.9k |
| KENNEDY CAPITAL MANAGEMENT LLC | Reduced | -186.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -72.3k |
| Thrivent Financial for Lutherans | Sold out | -32.4k |
| BlackRock, Inc. | Reduced | -31.1k |
| DEPRINCE RACE & ZOLLO INC | Reduced | -30.9k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -28.8k |
| Cubist Systematic Strategies, LLC | Sold out | -24.6k |
| DEUTSCHE BANK AG\ | Reduced | -19.8k |
| FRANKLIN RESOURCES INC | Reduced | -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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.2 pts · filed 2025-04-17 | 5.9% |
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $6 | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $18.1k | — |
| Q4 2024 | 0 | — | 2 | $71.5k | — |
| Q1 2025 | 0 | — | 1 | $40.0k | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 1.1m $15.7m | Reduced -31.1k |
| Sound Income Strategies, LLC 0.88% of their portfolio | 1.0m $15.4m | Added +96.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 766.8k $11.3m | Added +11.9k |
| HEARTLAND ADVISORS INC 0.45% of their portfolio | 553.6k $8.1m | Added +600 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 332.4k $4.9m | Added +11.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 327.7k $4.8m | Added +17.9k |
| STATE STREET CORP 0.00% of their portfolio | 280.2k $4.1m | Reduced -5.7k |
| Pacific Ridge Capital Partners, LLC 0.98% of their portfolio | 279.5k $4.1m | Reduced -4.2k |
| GABELLI FUNDS LLC 0.03% of their portfolio | 246.1k $3.6m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 201.2k $3.0m | Reduced -16.7k |
| Truvestments Capital LLC 0.58% of their portfolio | 198.7k $2.9m | Added +6.3k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 193.7k $2.8m | Unchanged |
| DEPRINCE RACE & ZOLLO INC 0.05% of their portfolio | 158.2k $2.3m | Reduced -30.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 150.5k $2.2m | Reduced -186.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 145.0k $2.1m | Added +61.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 137.0k $2.0m | Added +2.0k |
| Crossingbridge Advisors, LLC 1.46% of their portfolio | 112.7k $1.7m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 96.7k $1.4m | Reduced -1.3k |
| Nuveen, LLC 0.00% of their portfolio | 88.8k $1.3m | Reduced -229.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 86.0k $1.3m | Added +4.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 81.2k $1.2m | Reduced -28.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 78.8k $1.2m | Added +19.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 77.1k $1.1m | Added +28.7k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 74.6k $1.1m | Added +35.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 73.6k $1.1m | Reduced -72.3k |
| Penserra Capital Management LLC 0.01% of their portfolio | 68.8k $1.0m | New |
| MORGAN STANLEY 0.00% of their portfolio | 61.1k $898.1k | Reduced -12.0k |
| Guardian Wealth Management, Inc. 0.58% of their portfolio | 59.6k $877.1k | Added +1.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 54.1k $794.0k | Reduced -12.6k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 47.2k $694.0k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 44.6k $655.9k | Reduced -4.1k |
| UBS Group AG 0.00% of their portfolio | 43.4k $638.7k | Added +27.6k |
| GLOBEFLEX CAPITAL L P 0.05% of their portfolio | 40.4k $594.6k | Unchanged |
| Man Group plc 0.00% of their portfolio | 40.2k $592.0k | Reduced -119 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 39.8k $586.2k | Added +12.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 37.3k $548.8k | Reduced -11.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 36.7k $540.5k | Added +2.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 35.3k $519.9k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 34.8k $512.2k | Added +962 |
| Invesco Ltd. 0.00% of their portfolio | 33.1k $487.6k | Reduced -2.8k |
| Cambria Investment Management, L.P. 0.03% of their portfolio | 33.1k $487.3k | Added +6.2k |
| Boston Partners 0.00% of their portfolio | 32.4k $476.8k | Added +50 |
| GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio | 31.8k $467.2k | New |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 30.5k $448.0k | Added +3.4k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 28.5k $419.2k | Added +11.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 28.2k $414.5k | Added +7.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 27.9k $411.6k | Added +8.3k |
| Cottage Street Advisors LLC 0.20% of their portfolio | 25.5k $375.4k | Reduced -16.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 24.8k $366.0k | Added +14.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 24.3k $358.1k | Reduced -19.8k |
| Tidal Investments LLC 0.00% of their portfolio | 24.0k $352.4k | Added +526 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 23.2k $341.9k | Added +2.5k |
| BARCLAYS PLC 0.00% of their portfolio | 22.3k $328.0k | Added +8.4k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 20.2k $297.3k | Reduced -6.3k |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 18.4k $270.3k | Unchanged |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 17.5k $257.4k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 17.3k $254.0k | Reduced -555 |
| ALPS ADVISORS INC 0.00% of their portfolio | 17.2k $253.5k | Added +590 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 16.3k $240.2k | Added +540 |
| MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio | 15.7k $231.6k | Reduced -4.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 15.6k $229.8k | Added +1.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 15.3k $224.8k | Reduced -7.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 13.8k $202.9k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 13.7k $202.2k | Added +617 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 13.7k $202.0k | Added +601 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 13.6k $200.2k | Reduced -9.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 12.9k $189.8k | Reduced -1.2k |
| DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.01% of their portfolio | 12.4k $182.0k | Reduced -8.7k |
| Diligent Investors, LLC 0.04% of their portfolio | 12.0k $176.7k | Reduced -4.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 11.6k $170.8k | Reduced -57 |
| Verition Fund Management LLC 0.00% of their portfolio | 11.4k $167.4k | New |
| FMR LLC 0.00% of their portfolio | 10.7k $157.5k | Added +9.6k |
| JEPPSON WEALTH MANAGEMENT, LLC 0.05% of their portfolio | 10.3k $151.6k | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 9.0k $132.6k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 8.6k $127.1k | Reduced -4.8k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 8.1k $119.0k | Reduced -12 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 7.8k $114.5k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 7.2k $105.3k | Reduced -312 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 6.0k $88.0k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 5.7k $84.0k | Added +3.3k |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 5.4k $79.5k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.0k $73.7k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 4.4k $64.3k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 4.3k $63.3k | Reduced -4.4k |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 3.8k $56.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.7k $39.2k | Reduced -294 |
| AMERIFLEX GROUP, INC. 0.02% of their portfolio | 2.6k $38.6k | Unchanged |
| STRS OHIO 0.00% of their portfolio | 2.5k $36.8k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 2.3k $34.1k | Reduced -897 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.2k $33.0k | Added +507 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.8k $26.8k | Added +1.0k |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 1.6k $23.1k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 1.6k $23.0k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 1.3k $19.3k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1.3k $18.9k | Added +1.2k |
| Legal & General Group Plc 0.00% of their portfolio | 1.2k $17.7k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.1k $15.8k | Unchanged |
| OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.01% of their portfolio | 1.0k $16.8k | First filing |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 907 $13.3k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 439 $6.0k | Unchanged |