Alexander & BaldwinALEX
13F holders, Q4 2024 (December 31)249holders +4
25new positions
27sold out
6famous investors
$17.75avg. 13F price*
At the end of Q4 2024, 249 institutions reported holding Alexander & Baldwin Inc. (ALEX) in their 13F filings, up 4 from Q3 2024. 25 opened new positions and 27 sold out. The largest holders were BlackRock, Inc. ($239.6M), Vanguard Group Inc. ($203.6M) and State Street Corp. ($78.2M). 6 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Alexander & Baldwin Inc.
- CUSIP
- 014491104
- Latest filing quarter
- Q1 2026
History
Number of 13F holders
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 25 | $22.6M |
| Exits | 27 | $12.2M |
All 13F filers, Q3 2024 → Q4 2024: 4,217,180 shares bought and 3,698,491 shares sold, net +518,689 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 249 holders
| BlackRock, Inc. | 0.00% | Add +1.9% | 13,506,038 | $239.6M |
| Vanguard Group Inc. | 0.00% | Reduce -0.3% | 11,477,168 | $203.6M |
| State Street Corp. | 0.00% | Add +2.9% | 4,352,148 | $78.2M |
| Franklin Resources Inc. | 0.01% | Reduce -14.8% | 2,838,415 | $50.4M |
| Reinhart Partners, Llc. | 1.69% | Reduce -3.3% | 2,469,815 | $43.8M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +2.2% | 2,013,726 | $35.7M |
| Geode Capital Management, LLC | 0.00% | Reduce -1.3% | 1,852,782 | $32.9M |
| Fuller & Thaler Asset Management, Inc. | 0.08% | Reduce -0.2% | 1,230,941 | $21.8M |
| Northern Trust Corp. | 0.00% | Add +23.5% | 1,020,845 | $18.1M |
| Morgan Stanley | 0.00% | Reduce -8.4% | 999,425 | $17.7M |
| London Co. of Virginia | 0.09% | Reduce -1.5% | 888,246 | $15.8M |
| JPMorgan Chase & Co. | 0.00% | Add +51.0% | 880,018 | $15.6M |
| Bank of New York Mellon Corp | 0.00% | Reduce -7.8% | 655,527 | $11.6M |
| Clearbridge Investments, LLC | 0.01% | Add +0.5% | 614,940 | $10.9M |
| Legal & General Group Plc | 0.00% | Reduce -4.3% | 511,422 | $9.1M |
| Goldman Sachs Group Inc. | 0.00% | Add +31.1% | 506,602 | $9.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +3.8% | 499,565 | $8.9M |
| Citadel Advisors | 0.01% | Add +48.1% | 482,944 | $8.6M |
| Invesco Ltd. | 0.00% | Add +2.2% | 457,377 | $8.1M |
| Nuveen Asset Management, LLC | 0.00% | Reduce -12.9% | 450,022 | $8.0M |
| Balyasny Asset Management L.P. | 0.02% | New | 435,291 | $7.7M |
| Regency Capital Management Inc.\DE | 4.14% | Add +59.6% | 430,747 | $7.6M |
| Qube Research & Technologies Ltd | 0.01% | Reduce -19.1% | 419,827 | $7.4M |
| Millennium Management | 0.01% | Add +86.0% | 405,962 | $7.2M |
| Allianz Asset Management GmbH | 0.01% | Add +27.7% | 390,873 | $6.9M |
| Bank of America Corp. | 0.00% | Add +12.7% | 355,240 | $6.3M |
| Principal Financial Group Inc. | 0.00% | Add +2.9% | 352,238 | $6.2M |
| Renaissance Technologies | 0.01% | Add +13.6% | 341,231 | $6.1M |
| Pekin Hardy Strauss, Inc. | 0.72% | Reduce -0.9% | 318,601 | $5.7M |
| Man Group plc | 0.02% | Add +85.0% | 302,917 | $5.4M |
| Norges Bank | 0.00% | Reduce -6.9% | 295,153 | $5.2M |
| Dimensional Fund Advisors LP | 0.00% | Add +165.9% | 293,078 | $5.2M |
| State of Wisconsin Investment Board | 0.01% | Reduce -0.3% | 267,393 | $4.7M |
| Punch & Associates Investment Management, Inc. | 0.25% | Reduce -0.1% | 252,054 | $4.5M |
| First Trust Advisors LP | 0.00% | Add +2.5% | 251,302 | $4.5M |
| Cubist Systematic Strategies, LLC | 0.07% | Add +19.5% | 251,029 | $4.5M |
| Heartland Advisors Inc. | 0.24% | No change | 250,000 | $4.4M |
| ArrowMark Colorado Holdings LLC | 0.06% | Reduce -51.4% | 248,000 | $4.4M |
| Rhumbline Advisers | 0.00% | Reduce -0.5% | 233,086 | $4.1M |
| Harbor Capital Advisors, Inc. | 0.18% | Add +3.1% | 228,467 | $4.1M |
| Rock Point Advisors, LLC | 1.10% | Add +0.6% | 212,610 | $3.8M |
| Asset Management One Co., Ltd. | 0.01% | Reduce -0.2% | 194,482 | $3.4M |
| Barclays PLC | 0.00% | Reduce -24.7% | 189,691 | $3.4M |
| Everett Harris & Co. | 0.04% | Reduce -0.0% | 185,160 | $3.3M |
| Public Sector Pension Investment Board | 0.01% | Add +17.4% | 180,995 | $3.2M |
| Alliancebernstein L.P. | 0.00% | Add +85.7% | 177,298 | $3.1M |
| Pinnacle Associates Ltd. | 0.04% | Reduce -55.1% | 174,675 | $3.1M |
| Ameriprise Financial Inc. | 0.00% | Reduce -8.1% | 170,298 | $3.0M |
| Isthmus Partners, LLC | 0.35% | Add +0.1% | 163,648 | $2.9M |
| Swiss Life Asset Management Ltd | 0.02% | New | 162,318 | $2.9M |
| D. E. Shaw & Co. | 0.00% | Add +692.8% | 161,784 | $2.9M |
| Martingale Asset Management L P | 0.07% | Add +8.8% | 158,827 | $2.8M |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +0.6% | 154,562 | $2.7M |
| Jane Street Group, LLC | 0.00% | Add +61.5% | 152,759 | $2.7M |
| Swiss National Bank | 0.00% | No change | 141,820 | $2.5M |
| Private Management Group Inc. | 0.08% | Reduce -0.7% | 126,191 | $2.2M |
| New York State Teachers Retirement System | 0.00% | Reduce -3.4% | 125,211 | $2.2M |
| Pacific Heights Asset Management LLC | 0.15% | No change | 125,000 | $2.2M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +5.2% | 116,654 | $2.1M |
| Macquarie Group Ltd. | 0.00% | Add +9.5% | 115,304 | $2.0M |
| Citigroup Inc. | 0.00% | Add +14.6% | 112,142 | $2.0M |
| LDR Capital Management LLC | 3.80% | Add +26.7% | 111,844 | $2.0M |
| DigitalBridge Group, Inc. | 0.14% | Reduce -60.3% | 111,191 | $2.0M |
| Public Employees Retirement System of Ohio | 0.01% | New | 104,652 | $1.9M |
| Deutsche Bank AG | 0.00% | Add +30.6% | 101,465 | $1.8M |
| Prudential Financial Inc. | 0.00% | Add +32.8% | 99,997 | $1.8M |
| Algert Global LLC | 0.04% | Add +21.8% | 97,607 | $1.7M |
| Nomura Asset Management Co. Ltd. | 0.01% | Add +5.3% | 94,000 | $1.7M |
| Victory Capital Management Inc. | 0.00% | Reduce -90.4% | 92,333 | $1.6M |
| Engineers Gate Manager LP | 0.03% | Add +69.9% | 92,270 | $1.6M |
| HSBC Holdings PLC | 0.00% | Add +35.3% | 85,231 | $1.5M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | New | 82,677 | $1.5M |
| Voya Investment Management LLC | 0.00% | Add +1.8% | 80,800 | $1.4M |
| Sumitomo Mitsui Trust Group, Inc. | 0.00% | Reduce -3.0% | 79,074 | $1.4M |
| State of Alaska, Department of Revenue | 0.02% | Add +0.1% | 76,046 | $1.3M |
| Amundi | 0.00% | Add +43.6% | 73,365 | $1.3M |
| Envestnet Asset Management Inc. | 0.00% | Add +5.7% | 68,518 | $1.2M |
| California State Teachers Retirement System | 0.00% | Reduce -1.1% | 67,958 | $1.2M |
| Schonfeld Strategic Advisors LLC | 0.01% | Add +174.9% | 67,720 | $1.2M |
| Hantz Financial Services, Inc. | 0.02% | Reduce -12.2% | 66,674 | $1.2M |
| Tudor Investment Corporation | 0.01% | Reduce -18.4% | 63,311 | $1.1M |
| First Hawaiian Bank | 0.04% | No change | 62,457 | $1.1M |
| Two Sigma Investments, LP | 0.00% | Add +5.8% | 61,761 | $1.1M |
| UBS Group AG | 0.00% | Reduce -6.2% | 60,564 | $1.1M |
| HighTower Advisors, LLC | 0.00% | Reduce -0.7% | 59,617 | $1.1M |
| Campbell & CO Investment Adviser LLC | 0.08% | New | 57,320 | $1.0M |
| Thrivent Financial for Lutherans | 0.00% | Reduce -1.6% | 56,142 | $996K |
| Wakefield Asset Management LLLP | 0.33% | Reduce -0.5% | 54,946 | $975K |
| Ensign Peak Advisors, Inc | 0.00% | No change | 53,180 | $943K |
| Jump Financial, LLC | 0.02% | Add +9.2% | 51,148 | $907K |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -83.7% | 51,088 | $906K |
| North Star Investment Management Corp. | 0.06% | New | 51,000 | $905K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 51,013 | $903K |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. | 0.13% | Reduce -0.2% | 49,985 | $887K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +48.1% | 48,761 | $865K |
| Dark Forest Capital Management LP | 0.12% | New | 47,603 | $844K |
| MetLife Investment Management, LLC | 0.00% | Add +4.9% | 46,677 | $828K |
| Wells Fargo & Company | 0.00% | Add +27.1% | 45,550 | $808K |
| Verition Fund Management LLC | 0.00% | Add +217.4% | 44,899 | $797K |
| AQR Capital Management | 0.00% | Add +17.1% | 43,290 | $768K |
| Fox Run Management, L.L.C. | 0.14% | Add +49.4% | 42,304 | $750K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +3.6% | 41,388 | $734K |
| Jennison Associates LLC | 0.00% | New | 41,177 | $730K |
| Teacher Retirement System of Texas | 0.00% | Reduce -4.6% | 40,907 | $726K |
| Russell Investments Group, Ltd. | 0.00% | Add +4.3% | 40,409 | $717K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -2.8% | 39,302 | $707K |
| Illinois Municipal Retirement Fund | 0.01% | Add +4.3% | 39,760 | $705K |
| Janney Montgomery Scott LLC | 0.00% | Add +32.7% | 39,434 | $700K |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.00% | Add +37.9% | 39,044 | $693K |
| Corebridge Financial, Inc. | 0.00% | Reduce -7.2% | 38,750 | $687K |
| New Age Alpha Advisors, LLC | 0.03% | New | 38,497 | $683K |
| LPL Financial LLC | 0.00% | Add +0.3% | 37,080 | $658K |
| Weiss Asset Management LP | 0.02% | New | 36,804 | $653K |
| Graham Capital Management, L.P. | 0.03% | Add +56.8% | 36,794 | $653K |
| Zacks Investment Management | 0.01% | New | 36,661 | $650K |
| EntryPoint Capital, LLC | 0.27% | Add +151.5% | 36,635 | $650K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -2.6% | 36,590 | $649K |
| Louisiana State Employees Retirement System | 0.01% | No change | 35,100 | $623K |
| Sepio Capital, LP | 0.05% | No change | 34,922 | $620K |
| Comerica Bank | 0.00% | Reduce -2.9% | 34,655 | $615K |
| Intech Investment Management LLC | 0.01% | Add +167.5% | 33,986 | $603K |
| Los Angeles Capital Management LLC | 0.00% | Add +16.3% | 33,955 | $602K |
| Kestra Private Wealth Services, LLC | 0.01% | Add +2.0% | 33,607 | $596K |
| Y-Intercept (Hong Kong) Ltd | 0.04% | New | 33,160 | $588K |
| State of Tennessee, Department of Treasury | 0.00% | Reduce -3.8% | 32,796 | $582K |
| Susquehanna International Group, LLP | 0.00% | Add +38.4% | 32,666 | $579K |
| Panagora Asset Management Inc. | 0.00% | New | 32,138 | $570K |
| Janus Henderson Group PLC | 0.00% | No change | 31,688 | $562K |
| State of Wyoming | 0.07% | Add +126.0% | 30,720 | $545K |
| Two Sigma Advisers, LP | 0.00% | New | 30,000 | $532K |
| ExodusPoint Capital Management, LP | 0.01% | Reduce -75.1% | 29,700 | $527K |
| Nebula Research & Development LLC | 0.06% | Reduce -26.1% | 29,627 | $526K |
| T. Rowe Price Associates Inc. | 0.00% | Add +21.6% | 28,974 | $514K |
| Resona Asset Management Co.,Ltd. | 0.00% | Add +1.1% | 28,761 | $501K |
| Bank of Montreal | 0.00% | Add +2.3% | 27,594 | $490K |
| Yousif Capital Management, LLC | 0.01% | Reduce -2.2% | 27,582 | $489K |
| Sterling Capital Management LLC | 0.01% | Add +9.0% | 25,112 | $445K |
| Maryland State Retirement & Pension System | 0.01% | No change | 24,524 | $435K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -0.2% | 24,269 | $431K |
| American Century Companies Inc. | 0.00% | Add +3.4% | 24,188 | $429K |
| Vert Asset Management LLC | 0.15% | New | 24,144 | $428K |
| Cornercap Investment Counsel Inc. | 0.13% | No change | 23,008 | $408K |
| Inspire Investing, LLC | 0.04% | Add +5.1% | 22,583 | $401K |
| Teachers Retirement System of the State of Kentucky | 0.00% | No change | 22,489 | $399K |
| Pictet Asset Management Holding SA | 0.00% | No change | 22,261 | $395K |
| ProShare Advisors LLC | 0.00% | Add +44.5% | 21,934 | $389K |
| Amalgamated Bank | 0.00% | Reduce -0.9% | 21,287 | $378K |
| Arizona State Retirement System | 0.00% | Add +0.8% | 21,076 | $374K |
| 1620 Investment Advisors, Inc. | 0.29% | Add +4.4% | 20,937 | $371K |
| UniSuper Management Pty Ltd | 0.00% | No change | 20,900 | $371K |
| Shell Asset Management Co. | 0.02% | No change | 20,783 | $369K |
| New York State Common Retirement Fund | 0.00% | No change | 20,785 | $369K |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 20,707 | $367K |
| Handelsbanken Fonder AB | 0.00% | No change | 19,603 | $348K |
| Anchor Capital Advisors LLC | 0.01% | Add +57.0% | 19,399 | $344K |
| Entropy Technologies, LP | 0.04% | New | 19,240 | $341K |
| PNC Financial Services Group, Inc. | 0.00% | Add +1.8% | 19,189 | $340K |
| CKW Financial Group | 0.04% | Add +13.1% | 18,976 | $337K |
| Royal Bank of Canada | 0.00% | Add +6.8% | 17,813 | $315K |
| SG Americas Securities, LLC | 0.00% | Reduce -26.4% | 17,656 | $313K |
| Meixler Investment Management, Ltd. | 0.23% | Reduce -4.0% | 17,600 | $312K |
| Oregon Public Employees Retirement Fund | 0.01% | No change | 17,094 | $303K |
| M&T Bank Corp | 0.00% | Add +23.9% | 16,927 | $300K |
| IFM Investors Pty Ltd | 0.00% | No change | 16,882 | $299K |
| Stifel Financial Corp. | 0.00% | Add +2.3% | 16,358 | $290K |
| KLP Kapitalforvaltning As | 0.00% | — | 15,456 | $277K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 15,970 | $274K |
| Raymond James Financial Inc. | 0.00% | — | 15,310 | $272K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | — | 15,254 | $271K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 15,067 | $267K |
| FMR LLC | 0.00% | Reduce -13.2% | 13,952 | $248K |
| Van Eck Associates Corp. | 0.00% | Add +10.2% | 13,787 | $245K |
| Telos Capital Management, Inc. | 0.03% | Reduce -0.3% | 13,748 | $244K |
| STRS Ohio | 0.00% | No change | 13,600 | $241K |
| BNP Paribas Financial Markets | 0.00% | Reduce -19.4% | 13,509 | $240K |
| Hancock Whitney Corp. | 0.01% | New | 13,321 | $236K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +138.7% | 13,169 | $234K |
| Creative Planning | 0.00% | Add +14.4% | 12,854 | $228K |
| Aigen Investment Management, LP | 0.04% | New | 12,783 | $227K |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 0.00% | No change | 12,195 | $216K |
| Choreo, LLC | 0.00% | Reduce -0.2% | 12,219 | $216K |
| PharVision Advisers, LLC | 0.18% | — | 11,794 | $209K |
| XTX Topco Ltd | 0.02% | New | 11,614 | $206K |
| Mutual of America Capital Management LLC | 0.00% | Add +0.7% | 11,003 | $195K |
| Quantbot Technologies LP | 0.01% | Reduce -15.2% | 10,870 | $193K |
| Nissay Asset Management Corp. /Japan | 0.00% | Add +3.2% | 10,583 | $184K |
| Oppenheimer Asset Management Inc. | 0.00% | Reduce -24.5% | 10,365 | $184K |
| Waters Parkerson & Co., LLC | 0.01% | No change | 10,000 | $177K |
| LRI Investments, LLC | 0.01% | No change | 7,874 | $140K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 7,211 | $128K |
| Osaic Holdings, Inc. | 0.00% | Add +40.3% | 4,519 | $80K |
| Quadrant Capital Group LLC | 0.01% | Add +0.5% | 4,098 | $73K |
| KBC Group NV | 0.00% | No change | 3,835 | $68K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.02% | Reduce -3.5% | 3,325 | $59K |
| Quarry LP | 0.01% | Add +4.5% | 3,222 | $57K |
| Versant Capital Management, Inc | 0.01% | Add +90.0% | 2,183 | $39K |
| Central Pacific Bank - Trust Division | 0.00% | No change | 2,000 | $35K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -28.1% | 2,027 | $35K |
| Federated Hermes, Inc. | 0.00% | No change | 1,852 | $33K |
| Rothschild Investment LLC | 0.00% | Add +31.3% | 1,701 | $30K |
| Lazard Asset Management LLC | 0.00% | Reduce -5.9% | 1,743 | $30K |
| Smartleaf Asset Management LLC | 0.00% | Add +284.2% | 1,675 | $29K |
| Point72 (DIFC) Ltd | 0.00% | Reduce -62.3% | 1,549 | $27K |
| GAMMA Investing LLC | 0.00% | Reduce -1.8% | 1,467 | $26K |
| Bfsg, LLC | 0.00% | No change | 1,420 | $25K |
| Evelyn Partners Asset Management Ltd | 0.01% | — | 1,404 | $25K |
| Lindbrook Capital, LLC | 0.00% | Add +0.3% | 1,376 | $24K |
| GF Fund Management Co. LTD. | 0.00% | — | 1,309 | $23K |
| Simplex Trading, LLC | 0.00% | New | 1,343 | $23K |
| US Bancorp \de | 0.00% | Add +52.6% | 1,195 | $21K |
| Allworth Financial LP | 0.00% | Reduce -6.4% | 1,174 | $20K |
| Covestor Ltd | 0.01% | Reduce -11.2% | 1,155 | $20K |
| Cwm, LLC | 0.00% | Add +15.1% | 1,055 | $19K |
| Putney Financial Group LLC | 0.01% | — | 825 | $15K |
| Parallel Advisors, LLC | 0.00% | Reduce -16.8% | 791 | $14K |
| Fifth Third Bancorp | 0.00% | Add +2.6% | 774 | $14K |
| Trust Co. of Vermont | 0.00% | No change | 728 | $13K |
| Signaturefd, LLC | 0.00% | Reduce -20.2% | 606 | $11K |
| Financial Perspectives, Inc | 0.00% | New | 605 | $11K |
| Geneos Wealth Management Inc. | 0.00% | No change | 565 | $10K |
| Millstone Evans Group, LLC | 0.01% | — | 532 | $9K |
| Arax Advisory Partners | 0.00% | No change | 508 | $9K |
| AlphaQuest LLC | 0.00% | Reduce -98.0% | 493 | $9K |
| Security National Bank | 0.00% | No change | 465 | $8K |
| Trust Co | 0.00% | No change | 458 | $8K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 449 | $8K |
| NewEdge Advisors, LLC | 0.00% | New | 417 | $7K |
| Bessemer Group Inc. | 0.00% | No change | 337 | $6K |
| Aster Capital Management (DIFC) Ltd | 0.00% | Reduce -23.0% | 294 | $5K |
| Huntington National Bank | 0.00% | Add +14.0% | 277 | $5K |
| Blue Trust, Inc. | 0.00% | Add +1.6% | 257 | $5K |
| UMB Bank, n.a. | 0.00% | No change | 239 | $4K |
| Private Trust Co. NA | 0.00% | No change | 222 | $4K |
| Spire Wealth Management | 0.00% | No change | 170 | $3K |
| Farther Finance Advisors, LLC | 0.00% | No change | 160 | $3K |
| Global Retirement Partners, LLC | 0.00% | Add +95.6% | 133 | $2K |
| High Note Wealth, LLC | 0.00% | New | 128 | $2K |
| WPG Advisers, LLC | 0.00% | — | 103 | $2K |
| Albion Financial Group | 0.00% | No change | 86 | $2K |
| Pflug Koory, LLC | 0.00% | No change | 71 | $1K |
| Picton Mahoney Asset Management | 0.00% | No change | 57 | $1K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 55 | $976 |
| Riverview Trust Co | 0.00% | No change | 51 | $905 |
| EverSource Wealth Advisors, LLC | 0.00% | New | 46 | $808 |
| Private Wealth Management Group, LLC | 0.00% | No change | 35 | $621 |
| Parkside Financial Bank & Trust | 0.00% | No change | 30 | $533 |
| Dunhill Financial, LLC | 0.00% | No change | 5 | $91 |
| Financial Life Planners | 0.00% | — | 1 | $22 |
| Hemington Wealth Management | 0.00% | No change | 5 | $0 |
"% of holder's portfolio" is ALEX's weight in each manager's 13F, not the share of Alexander & Baldwin Inc. the manager owns.