New Age Alpha Advisors, LLC

Hedge Fund • Multi-Strategy

New Age Alpha Advisors, LLC is a Multi-Strategy Hedge Fund based in Richmond, VA led by Armen Raphael Arus, reporting $2.6B in AUM as of Q3 2025 with MSFT as the largest holding (4% allocation).

CEOArmen Raphael Arus

Portfolio Value: $2.4B
Positions: 799
Top Holding: MSFT at 3.67%
Last Reported: Q3 2025

Address3951 Westerre Parkway, Suite 130, Richmond, VA, 23233, United States

Top Holdings

Largest long holdings in New Age Alpha Advisors, LLC's portfolio (20.8% of total portfolio)

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Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Microsoft MSFT	Software - Infrastructure Technology	$87.3M	3.67%	-$2.1M Sold	0.00% 168.6K shares	Q4 2023 Held for 1y 11m
2 Apple AAPL	Consumer Electronics Technology	$74.1M	3.11%	-$2.9M Sold	0.00% 290.8K shares	Q2 2024 Held for 1y 5m
3 Nvidia NVDA	Semiconductors Technology	$68.8M	2.89%	+$2.5M Bought	0.00% 368.9K shares	Q4 2023 Held for 1y 11m
4 Amazon AMZN	Specialty Retail Consumer Cyclical	$58.5M	2.46%	-$1.7M Sold	0.00% 266.4K shares	Q4 2023 Held for 1y 11m
5 Taiwan Semiconductor Manufacturing Company TSM	Semiconductors Technology	$54.8M	2.30%	—	— 196.2K shares	Q4 2024 Held for 11 months
6 Broadcom Inc. AVGO	Semiconductors Technology	$42.8M	1.80%	+$4.0M Bought	0.00% 129.6K shares	Q4 2023 Held for 1y 11m
7 Alphabet Inc. GOOG	Internet Content & Information Communication Services	$39.5M	1.66%	+$172.9K Bought	0.00% 162.2K shares	Q4 2023 Held for 1y 11m
8 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$24.1M	1.01%	+$207.1K Bought	0.00% 99.1K shares	Q3 2024 Held for 1y 2m
9 JPMorgan Chase JPM	Banks - Diversified Financial Services	$23.9M	1.00%	-$698.0K Sold	0.00% 75.7K shares	Q2 2024 Held for 1y 5m
10 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$21.7M	0.91%	-$857.0K Sold	0.00% 29.5K shares	Q4 2024 Held for 11 months

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in New Age Alpha Advisors, LLC's latest filing

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Market Value

$2.4B

Prior: $2.3B

Q/Q Change

+4.64%

+$105.5M

Net Flows % of MV

-2.17%

Turnover Ratio

4.55%

New Purchases

6 stocks

$11.8M

Added To

76 stocks

+$71.6M

Sold Out Of

39 stocks

$19.7M

Reduced Holdings

617 stocks

-$115.3M

Increased Positions

Position	Shares Δ	Change
1 Honeywell International HON	New	0 → 31.6K +$6.6M
2 FISV Fiserv, Inc. Common Stock FISV	New	0 → 27.2K +$3.5M
3 Terreno Realty TRNO	New	0 → 23.6K +$1.3M
4 Kinder Morgan KMI	New	0 → 5.8K +$165.4K
5 Spotify Technology SPOT	New	0 → 156.0 +$108.9K

Decreased Positions

Position	Shares Δ	Change
1 Fiserv FI	Sold	32.6K → 0 −$5.6M
2 Synopsys SNPS	Sold	9.5K → 0 −$4.9M
3 Marvell Technology, Inc. MRVL	Sold	30.0K → 0 −$2.3M
4 Ansys ANSS	Sold	4.5K → 0 −$1.6M
5 IJJ iShares S&P Mid-Cap 400 Value ETF IJJ	Sold	6.7K → 0 −$832.9K

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Analytics

Portfolio insights and performance metrics for New Age Alpha Advisors, LLC

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Sector Allocation

Technology

22.90%

Financial Services

12.40%

Real Estate

12.30%

Industrials

10.40%

Consumer Cyclical

9.90%

Healthcare

8.40%

Communication Services

5.90%

Consumer Defensive

4.40%

Energy

4.00%

Utilities

3.50%

Basic Materials

3.10%

ETF

1.60%

Market Cap Distribution

Mega Cap (> $200B)

30.85%

Large Cap ($10B - $200B)

44.43%

Mid Cap ($2B - $10B)

17.39%

Small Cap ($300M - $2B)

2.04%

Nano Cap (< $50M)

0.66%

N/A (ETF or Unknown)

4.64%

Portfolio Concentration

Top 10 Holdings %

20.82%

Top 20 Holdings %

28.23%

Top 50 Holdings %

42.4%

Top 100 Holdings %

57.69%