Green Alpha Portfolio Expansion
Green Alpha Advisors Expands Portfolio With Stakes in Five New Public Companies
Key Points
Director Helle Thorning-Schmidt sold 700 Palo Alto Networks shares on July 7, at an average price of $346.85, for a total value of about $242,795.
Bridgewater Advisors Inc. purchased a new Palo Alto Networks stake in the second quarter, worth roughly $2.16 million.
Interface CFO Bruce Andrew Hausmann sold 50,000 Interface (TILE) shares during the period referenced in the filing.
Commercial Metals Company director John R. McPherson acquired 1,390 shares on August 13 at an average cost of $71.92 per share (total about $99,969).
Extreme Networks CFO Kevin R. Rhodes sold 35,000 shares on June 11 at an average price of $30.43, for a total of about $1,065,050.
Green Alpha Advisors expanded its stock portfolio in the second quarter, initiating new positions in five public companies worth roughly $6.4 million combined. The moves signal a strategic shift into technology, textiles, biopharma services, basic materials, and networking hardware, with the largest bet going to Interface, Inc. (TILE) at $2.48 million, according to WatchlistNews.
Palo Alto Networks Joins Green Alpha's Tech Holdings
Green Alpha purchased 4,147 shares of Palo Alto Networks (PANW) for about $1.41 million during the quarter, making the cybersecurity firm roughly 0.9% of its portfolio and its 29th largest holding, according to WatchlistNews. The move aligns with broader institutional interest—Bridgewater Advisors also bought a new PANW stake worth roughly $2.16 million in the same period.
Interface Position Becomes 17th Largest Holding
Green Alpha initiated a stake in Interface, Inc. (TILE) by purchasing 69,097 shares valued at around $2.48 million, making it the fund's 17th largest holding at 1.7% of assets, per WatchlistNews. The industrial textiles company represents Green Alpha's largest new position. However, the company's CFO Bruce Andrew Hausmann sold 50,000 Interface shares during the same period.
Three Smaller Bets Across Materials and Networks
Green Alpha added 67,467 shares of Personalis, Inc. (PSNL) for approximately $904,000, expanding exposure to biopharma-related services. The fund also bought 20,283 shares of Commercial Metals Company (CMC) for about $1.27 million, betting on the basic materials sector, according to WatchlistNews. Director John R. McPherson at CMC separately acquired 1,390 shares on August 13 at $71.92 each.
Extreme Networks Added to Portfolio Despite Insider Selling
Green Alpha bought 24,725 shares of Extreme Networks (EXTR) for roughly $800,000, rounding out its five new positions, according to TickerReport. Despite the fund's bullish stance, company CFO Kevin R. Rhodes sold 35,000 shares on June 11 at an average price of $30.43, totaling about $1.07 million. The contrasting moves suggest mixed sentiment within the networking hardware firm.
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