Alpine Global Management Sells Stake in Archer Aviation

Institutional investor reduces position in electric aviation company

Mar. 18, 2026 at 7:38am

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Alpine Global Management LLC has decreased its holdings in Archer Aviation Inc. (NYSE:ACHR) by 50.9% in the third quarter, according to a recent 13F filing with the SEC. The fund previously owned 2,285,119 shares of the electric aviation company, but sold 2,372,334 shares during the quarter, leaving it with a remaining stake of 2,285,119 shares worth $21.9 million.

Why it matters

The reduction in Alpine Global's position in Archer Aviation is notable, as the firm was previously one of the company's largest institutional investors. The sale could signal a shift in sentiment around Archer's prospects, even as other major investors like Vanguard, ARK, and Morgan Stanley have increased their stakes. The move comes amid ongoing challenges for Archer, including missed earnings targets, regulatory hurdles, and executive departures.

The details

According to the 13F filing, Alpine Global Management sold 2,372,334 shares of Archer Aviation during the third quarter, reducing its stake by 50.9%. The firm now owns 2,285,119 shares, or about 0.35% of the company's outstanding stock. Archer Aviation is developing electric vertical take-off and landing (eVTOL) aircraft for urban air mobility applications. The company has faced headwinds in recent months, including a missed Q4 2022 earnings target, delays in FAA certification, and the departure of several top executives.

  • Alpine Global Management filed its 13F report for the third quarter of 2022 on March 18, 2026.
  • The firm sold the Archer Aviation shares during the third quarter of 2022.

The players

Alpine Global Management LLC

A global investment management firm that previously held a sizable stake in Archer Aviation.

Archer Aviation Inc.

An American aerospace company developing electric vertical take-off and landing (eVTOL) aircraft for urban air mobility.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The reduction in Alpine Global's position in Archer Aviation reflects ongoing uncertainty around the company's near-term prospects, even as other major investors remain bullish on the long-term potential of the electric aviation market. Archer will need to address execution challenges and regulatory hurdles to regain investor confidence.