Patient Capital Management LLC's Q2 2024 13F: 2 new positions, 4 exits
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 14, 2024 · 40 reported positions · accession 0001085146-24-003874
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | CAPITAL ONE FINL CORP (COF) | 1.8% | — | −1.8 pts | −252K sh | −100% |
| Reduced | UBER TECHNOLOGIES INC (UBER) | 1.8% | 0.1% | −1.7 pts | −447K sh | −94% |
| Reduced | DELTA AIR LINES INC DEL (DAL) | 4.5% | 3.4% | −1.1 pts | −575K sh | −30% |
| Increased | ILLUMINA INC (ILMN) | 1.6% | 2.3% | +0.7 pts | +170K sh | +69% |
| Reduced | ONEMAIN HLDGS INC (OMF) | 4.6% | 4.0% | −0.6 pts | −310K sh | −17% |
| New | EVERI HLDGS INC (EVRI) | — | 0.7% | +0.7 pts | +1.46M sh | new |
| Reduced | JPMORGAN CHASE & CO. (JPM) | 2.1% | 1.7% | −0.4 pts | −60,745 sh | −28% |
| Increased | CVS HEALTH CORP (CVS) | 2.2% | 2.3% | +0.1 pts | +167K sh | +29% |
| Reduced | MATTEL INC (MAT) | 3.1% | 2.2% | −0.8 pts | −601K sh | −19% |
| Reduced | UBS GROUP AG (UBS) | 3.5% | 3.2% | −0.3 pts | −311K sh | −13% |
| Increased | BIOGEN INC (BIIB) | 2.3% | 3.2% | +0.9 pts | +39,382 sh | +18% |
| Reduced | COINBASE GLOBAL INC (COIN) | 2.8% | 2.1% | −0.7 pts | −38,683 sh | −18% |
| Increased | NORWEGIAN CRUISE LINE HLDG L (NCLH) | 2.5% | 2.8% | +0.4 pts | +424K sh | +18% |
| Increased | IAC INC (IAC) | 3.7% | 4.0% | +0.2 pts | +160K sh | +11% |
| Reduced | GENERAL MTRS CO (GM) | 4.0% | 4.0% | +0.1 pts | −159K sh | −9% |
| Reduced | CITIGROUP INC (C) | 5.5% | 5.6% | +0.1 pts | −114K sh | −6% |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | 2.2% | 2.8% | +0.5 pts | +93,325 sh | +15% |
| Reduced | FISERV INC (FISV) | 1.8% | 1.5% | −0.3 pts | −41,755 sh | −18% |
| Increased | KOSMOS ENERGY LTD (KOS) | 2.3% | 2.7% | +0.3 pts | +1.05M sh | +13% |
| Reduced | CROCS INC (CROX) | 2.9% | 2.9% | 0.0 pts | −39,548 sh | −9% |
| Reduced | UNITED AIRLS HLDGS INC (UAL) | 2.6% | 2.6% | 0.0 pts | −117K sh | −11% |
| Reduced | ENERGY TRANSFER L P (ET) | 4.3% | 4.6% | +0.3 pts | −318K sh | −6% |
| Reduced | WESTERN ALLIANCE BANCORP (WAL) | 1.4% | 1.3% | −0.1 pts | −66,144 sh | −15% |
| Reduced | TRAVEL PLUS LEISURE CO (TNL) | 2.4% | 2.1% | −0.2 pts | −89,550 sh | −9% |
| Reduced | CANADA GOOSE HLDGS INC (GOOS) | 2.4% | 2.7% | +0.2 pts | −249K sh | −6% |
| Reduced | PELOTON INTERACTIVE INC (PTON) | 1.3% | 1.0% | −0.3 pts | −816K sh | −13% |
| Reduced | META PLATFORMS INC (META) | 3.9% | 4.3% | +0.4 pts | −5,074 sh | −3% |
| Reduced | CHESAPEAKE ENERGY CORP (EXE) | 1.2% | 1.1% | −0.1 pts | −30,148 sh | −11% |
| Reduced | AMAZON COM INC (AMZN) | 5.7% | 6.5% | +0.8 pts | −12,292 sh | −2% |
| Exited | ROCKET COS INC (RKT) | 0.1% | — | −0.1 pts | −143K sh | −100% |
| Reduced | EXPEDIA GROUP INC (EXPE) | 4.9% | 4.8% | −0.1 pts | −13,619 sh | −2% |
| Exited | VONTIER CORPORATION (VNT) | 0.1% | — | −0.1 pts | −30,000 sh | −100% |
| Increased | PRECIGEN INC (PGEN) | 1.2% | 1.5% | +0.3 pts | +721K sh | +4% |
| Increased | SOFI TECHNOLOGIES INC (SOFI) | 1.3% | 1.3% | 0.0 pts | +84,441 sh | +2% |
| Exited | DIAMONDBACK ENERGY INC (FANG) | 0.0% | — | 0.0 pts | −3,000 sh | −100% |
| Reduced | FIDELITY WISE ORIGIN BITCOIN (FBTC) | 0.3% | 0.3% | −0.1 pts | −9,564 sh | −9% |
| New | SPDR S&P 500 ETF TR (SPY) | — | 0.0% | 0.0 pts | +738 sh | new |
| Increased | SEADRILL 2021 LTD (SDRL) | 2.2% | 2.5% | +0.3 pts | +7,291 sh | +1% |
| Increased | ROYALTY PHARMA PLC (RPRX) | 2.1% | 2.0% | −0.1 pts | +4,572 sh | 0% |
| Reduced | ALPHABET INC (GOOGL) | 4.4% | 5.8% | +1.4 pts | −259 sh | 0% |
| Reduced | NVIDIA CORPORATION (NVDA) | 2.7% | 4.0% | +1.3 pts | −221 sh | 0% |
| Reduced | BRILLIANT EARTH GROUP INC (BRLT) | 0.0% | 0.0% | 0.0 pts | −8,555 sh | −3% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 47.6% of the equity book
Changes in the top 10 this quarter: NVDA entered · DAL left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AMAZON COM INC (AMZN) | 5.7% | 6.5% | |
| 2 | ALPHABET INC (GOOGL) | 4.4% | 5.8% | |
| 3 | CITIGROUP INC (C) | 5.5% | 5.6% | |
| 4 | EXPEDIA GROUP INC (EXPE) | 4.9% | 4.8% | |
| 5 | ENERGY TRANSFER L P (ET) | 4.3% | 4.6% | |
| 6 | META PLATFORMS INC (META) | 3.9% | 4.3% | |
| 7 | GENERAL MTRS CO (GM) | 4.0% | 4.0% | |
| 8 | ONEMAIN HLDGS INC (OMF) | 4.6% | 4.0% | |
| 9 | NVIDIA CORPORATION (NVDA) | 2.7% | 4.0% | Entered the top 10 |
| 10 | IAC INC (IAC) | 3.7% | 4.0% | |
| — | DELTA AIR LINES INC DEL (DAL) | 4.5% | 3.4% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).