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 June 30, 2025
Context: This filing discloses the equity securities held by Alti Global, Inc. at the end of the second quarter of 2025. The report details holdings across various sectors, including technology, healthcare, financials, and energy, as well as significant positions in Exchange-Traded Funds (ETFs) and commodities.
Key Financial Metrics and Portfolio Composition
Revenue, Profit, and Cash Flow: Not applicable. Form 13F filings report investment holdings, not the operating financial performance of the reporting manager.
Debt and Liquidity: Not applicable. This form does not disclose the balance sheet or liquidity status of Alti Global, Inc.
Portfolio Highlights:
- Top Equity Holdings (by Value): The portfolio includes significant positions in large-cap technology and consumer staples. Notable holdings include Alphabet Inc. (Class A and C), Apple Inc., Microsoft Corp., Amazon.com Inc., and Exxon Mobil Corp.
- ETF Exposure: The portfolio holds substantial positions in broad market and sector-specific ETFs, including iShares Core S&P Total Stock Market ETF, Vanguard Total Stock Market ETF, iShares MSCI EAFE ETF, and SPDR S&P 500 ETF Trust.
- Commodities and Crypto: Significant exposure to commodities via iShares Gold Trust and iShares Silver Trust. The portfolio also holds positions in iShares Bitcoin Trust ETF and Fidelity Wise Origin Bitcoin Fund.
- Self-Holding: Alti Global, Inc. holds a position in its own common stock (Class A), with approximately 773,167 shares reported across different voting authority categories.
Material Changes and Voting Authority
Comparison to Prior Period: The provided text contains only the snapshot of holdings as of June 30, 2025. It does not include the prior quarter's data; therefore, material changes in position size or new/removed holdings cannot be calculated from this document alone.
Voting Authority: The filing distinguishes between Sole, Shared, and None voting authority. For many large positions (e.g., Alphabet, Apple, Microsoft), a portion of the shares is held with "Sole" voting authority, while other portions are held with "Shared" or "None" authority, indicating the presence of managed accounts or different custody arrangements.
Outlook, Risks, and Contingencies
Management Commentary: Form 13F filings do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing does not explicitly list risk factors. However, the portfolio composition implies exposure to:
- Market Risk: Heavy concentration in large-cap U.S. equities and broad market ETFs.
- Volatility Risk: Significant exposure to cryptocurrency (Bitcoin ETFs) and commodities (Gold, Silver, Platinum).
- Concentration Risk: Large single-stock positions in mega-cap technology firms.
Key Facts for Investor Verification
- Self-Ownership: Verify the total number of Alti Global, Inc. shares held by the company itself (approx. 773k shares) to assess insider confidence or treasury stock management.
- Crypto Exposure: Confirm the total value of Bitcoin-related holdings (iShares Bitcoin Trust and Fidelity Wise Origin) to understand the portfolio's risk profile regarding digital assets.
- Top 10 Concentration: Calculate the percentage of the total portfolio value represented by the top 10 holdings (likely including Alphabet, Apple, Microsoft, Amazon, and major ETFs) to assess diversification.
- Voting Control: Review the split between "Sole" and "Shared" voting authority to understand the firm's direct control over its largest positions versus those managed on behalf of clients.