Alden Global Capital 13F annual report

Alden Global Capital is an investment fund managing more than $12.7 million ran by Michael Monticciolo. There are currently 5 companies in Mr. Monticciolo’s portfolio. The largest investments include Great Elm Cap Corp and New Oriental Ed & Technology, together worth $7.43 million.

$12.7 million Assets Under Management (AUM)

As of 7th August 2023, Alden Global Capital’s top holding is 300,762 shares of Great Elm Cap Corp currently worth over $3.76 million and making up 29.7% of the portfolio value. In addition, the fund holds 180,400 shares of New Oriental Ed & Technology worth $3.67 million. The third-largest holding is Great Elm Group Inc worth $2.76 million and the next is Full Truck Alliance Co worth $2.32 million, with 255,600 shares owned.

Currently, Alden Global Capital's portfolio is worth at least $12.7 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Alden Global Capital

The Alden Global Capital office and employees reside in West Palm Beach, Florida. According to the last 13-F report filed with the SEC, Michael Monticciolo serves as the Chief Legal and Compliance Officer at Alden Global Capital.

Recent trades

In the most recent 13F filing, Alden Global Capital revealed that it had opened a new position in Great Elm Cap Corp and bought 300,762 shares worth $3.76 million.

On the other hand, there are companies that Alden Global Capital is getting rid of from its portfolio. Alden Global Capital closed its position in International Game Technolog on 14th August 2023. It sold the previously owned 163,700 shares for $4.73 million. Michael Monticciolo also disclosed a decreased stake in Algoma Stl Group Inc by 0.9%. This leaves the value of the investment at $158 thousand and 17,564 shares.

One of the smallest hedge funds

The two most similar investment funds to Alden Global Capital are Avenir Management and Ci Investments Inc. They manage $20.2 billion and $19.8 billion respectively.

Michael Monticciolo investment strategy

Alden Global Capital’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Technology — making up 18.3% of the total portfolio value. The fund focuses on investments in the China as 20.0% of the portfolio companies are based in the China.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $9.41 billion.

The complete list of Alden Global Capital trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
International Game Technolog	Closed 163,700	$4,733,000
TEGNA Inc	Closed 209,524	$3,889,000
Great Elm Cap Corp	Opened 300,762	$3,760,000	29.69%
New Oriental Ed & Technology	Opened 180,400	$3,673,000	29.01%
Joann Inc	Closed 295,700	$3,069,000
Vivint Smart Home Inc	Closed 291,900	$2,855,000
Great Elm Cap Corp	Closed 902,292	$2,779,000
Great Elm Group Inc	No change 1,281,903	$2,756,000	21.76%
Douglas Elliman Inc.	Closed 233,812	$2,689,000
Full Truck Alliance Co. Ltd.	Opened 255,600	$2,316,000	18.29%
Alibaba Group Hldg Ltd	Closed 15,300	$1,817,000
Ati Physical Therapy Inc	Closed 531,400	$1,801,000
Peloton Interactive Inc	Closed 43,700	$1,563,000
Zillow Group Inc	Closed 37,000	$2,332,000
VNET Group Inc	Closed 125,700	$1,135,000
Alaska Air Group Inc.	Closed 20,400	$1,063,000
New Oriental Ed & Technology	Closed 477,450	$1,003,000
Baidu Inc	Closed 6,700	$997,000
TAL Education Group	Closed 241,500	$949,000
American Airls Group Inc	Closed 23,310	$419,000
Algoma Stl Group Inc	91.83% 17,564	$158,000	1.25%
No transactions found
Showing first 500 out of 21 holdings