SEC Filing Summary: Alti Global, Inc. (Form 13F)
Business Context and Reporting Period
Company: Alti Global, Inc.
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: As of September 30, 2024
Business Nature: The filing discloses equity securities held by the investment manager. The portfolio is heavily diversified across large-cap U.S. equities, exchange-traded funds (ETFs), and international securities.
Key Financial Metrics and Portfolio Composition
Note: Form 13F filings report holdings by share count and value, not corporate financial performance (revenue, profit, cash flow) of the issuer.
- Top Equity Holdings (by Value):
- Exxon Mobil Corp: ~$123.9M (986,266 shares)
- Apple Inc: ~$75.8M (169,426 shares)
- Alphabet Inc (Class A & C): ~$132.2M combined (119,828 shares Class A; 99,828 shares Class C)
- Microsoft Corp: ~$41.9M (97,415 shares)
- Amazon.com Inc: ~$97.3M (97,313 shares)
- Significant ETF Exposure:
- iShares Core S&P 500 ETF (IVV): ~$394.2M (5,854,189 shares)
- iShares Core S&P Total Stock Market ETF (ITOT): ~$306.9M (2,392,197 shares)
- iShares 20+ Year Treasury Bond ETF (TLT): ~$110.1M (1,120,940 shares)
- SPDR Portfolio S&P 500 ETF (SPLG): ~$803.8M (5,583,672 shares)
- Self-Holding: The firm holds 760,970 shares of its own stock (Alti Global Inc. Class A) valued at approximately $2.8M.
Material Changes and Voting Authority
The filing distinguishes between shares held with "Sole" voting authority and "Shared" voting authority, indicating the firm manages assets for both proprietary accounts and clients.
- Voting Authority: Significant portions of holdings (e.g., Alphabet, Amazon, Apple) are held with "Shared" voting authority, suggesting these are client assets where the manager shares voting rights with the beneficial owner.
- Concentration: The portfolio shows a heavy concentration in "Magnificent Seven" tech stocks and broad market index funds, alongside significant energy sector exposure (Exxon, Chevron, ConocoPhillips).
Guidance, Risks, and Contingencies
Management Commentary: None provided. Form 13F is a statutory disclosure of holdings and does not contain management discussion, financial guidance, or outlook.
Risks and Contingencies:
- Market Risk: The portfolio is highly exposed to U.S. equity market movements due to the heavy weighting in S&P 500 and Total Market ETFs.
- Concentration Risk: Top 10 holdings represent a significant portion of the reported value.
- Regulatory Disclaimer: The SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column, noting that this filing may represent only a portion of the firm's total assets under management if multiple 13F accounts exist.
- Confirm the distinction between "Sole" and "Shared" voting authority to understand the split between proprietary capital and client assets.
- Review the specific CUSIPs for ETF holdings to ensure the fund objectives align with the firm's stated investment strategy.
- Check for any subsequent filings (e.g., 13F-HR amendments) that may have updated these positions post-September 30, 2024.