Stocks/Funds/CIK 2096493

Alpine Fox Capital LLC

concentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 2096493
Assets
$106M
Holdings
13
Lifetime alpha vs market
-9.99% annual
Average hold time
0.6 yr
median 0.8 yr

Quarterly history

Cum return -7% vs S&P -2% · α -5% lifetimeAUM $106M · peak $148MFlow $-29M (-20%)2025-092025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-1.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+4.99%
steady accumulation
Rally response
-56.69%
trims into rallies
when a holding rises +10%+

Top positions · 13

Ticker$ value% portYoYHold time
CIFRCipher Mining Inc.$48M45.6%0.8 yr
IRENIREN Limited$26M24.2%0.8 yr
OPENOpendoor Technologies In$8M7.4%0.5 yr
ETHAiShares Ethereum Trust E$7M7.0%0.8 yr
ASSTStrive, Inc.$6M5.7%0.3 yr
NVONovo Nordisk A/S$6M5.7%0.8 yr
BMNRBitmine Immersion Techno$2M1.7%0.3 yr
PEPPepsiCo, Inc.$1M0.7%0.5 yr
REGNRegeneron Pharmaceutical$1M0.7%0.8 yr
STZConstellation Brands, In$0M0.4%0.8 yr
$0M0.4%0.5 yr
BKKTBakkt Holdings, Inc.$0M0.3%0.8 yr
TGTTarget Corporation$0M0.2%0.5 yr

Portfolio composition (YoY)

Industry mix
Financial - Capital Markets71.5%$76M
Asset Management12.7%$13M
Real Estate - Services7.4%$8M
Biotechnology6.4%$7M
Beverages - Non-Alcoholic0.7%$1M
Beverages - Wineries & Distilleries0.4%$0M
Unknown0.4%$0M
Software - Infrastructure0.3%$0M
Discount Stores0.2%$0M
Country
US69.7%
AU24.2%
DK5.7%
Unknown0.4%
Top 5: 89.8% · Top 10: 99.1% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 5

ETHA iShares Ethereum Trust ETF+$0M
OPEN Opendoor Technologies Inc.+$8M
ASST Strive, Inc.new+$6M
BMNR Bitmine Immersion Technologiesnew+$2M
NVO Novo Nordisk A/S+$6M

Top sells this quarter · 13

$0M
exit$0M
STZ Constellation Brands, Inc.$15M
DEO Diageo plcexit$9M
PEP PepsiCo, Inc.$4M
BMY Bristol-Myers Squibb Companyexit$3M
TGT Target Corporation$3M
LEN Lennar Corporationexit$2M
CIFR Cipher Mining Inc.$2M
WULF TeraWulf Inc.exit$1M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$106M13-8.90%-4.37%-4.53%-0.03B
2025-12-31$148M19+2.24%+2.66%-0.42%+0.03B
2025-09-30$119M10