Private Capital Management, LLC
Long book
$981.9M
Q1 2026
Positions
177
Top-10 weight
43%
concentration
Last quarter
+21.3%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsPrivate Capital Management, LLC is a diversified fundamental manager, running a $981.9M US long book across 177 positions.
The portfolio is moderately concentrated (top 10 ≈ 43% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: HARROW INC, QUINSTREET INC, PERION NETWORK LTD, TARGET HOSPITALITY CORP, KKR & CO INC.
Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.2%
Q2 2024
+18.0%
Q3 2024
+5.8%
Q4 2024
-9.5%
Q1 2025
+3.5%
Q2 2025
+10.3%
Q3 2025
-1.2%
Q4 2025
-5.2%
Q1 2026
+21.3%
Sector allocation
Financials 29%
Services media 17%
Technology 16%
Healthcare 13%
Industrials 9%
Other 6%
Materials 5%
Consumer discretionary 3%
Long book by quarter
What does Private Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HROW HARROW INC | Healthcare | 1.6M | $55.1M | 5.6% | -15.3% |
| QNST QUINSTREET INC | Services media | 4.4M | $53.0M | 5.4% | +5.8% |
| PERI PERION NETWORK LTD | Technology | 4.8M | $47.7M | 4.9% | +27.3% |
| TH TARGET HOSPITALITY CORP | Services media | 4.7M | $43.3M | 4.4% | +3.5% |
| KKR KKR & CO INC | Financials | 463.4K | $42.9M | 4.4% | +46.2% |
| BGC BGC GROUP INC-A | Financials | 4.1M | $40.5M | 4.1% | -0.3% |
| LGND LIGAND PHARMACEUTICALS | Healthcare | 201.4K | $40.2M | 4.1% | -3.6% |
| ASUR ASURE SOFTWARE INC | Technology | 4.0M | $34.5M | 3.5% | -0.7% |
| JPM JPMORGAN CHASE & CO | Financials | 111.9K | $32.9M | 3.4% | 0.0% |
| SECYF SECURE WASTE INFRASTRUCTURE | — | 2.0M | $31.3M | 3.2% | -23.3% |
| MATW MATTHEWS INTL CORP-CLASS A | Industrials | 1.1M | $29.6M | 3.0% | +12.4% |
| BBSI BARRETT BUSINESS SVCS INC | Services media | 999.9K | $29.2M | 3.0% | +0.1% |
| LNTH LANTHEUS HOLDINGS INC | Materials | 357.6K | $27.1M | 2.8% | -36.0% |
| MPAA MOTORCAR PARTS OF AMERICA IN | Industrials | 2.3M | $25.4M | 2.6% | +2.7% |
| AIOT POWERFLEET INC | Technology | 7.5M | $23.0M | 2.3% | -1.4% |
| ATRO ASTRONICS CORP | Industrials | 322.5K | $21.5M | 2.2% | -41.9% |
| JEF JEFFERIES FINANCIAL GROUP IN | Financials | 514.5K | $21.2M | 2.2% | +22.7% |
| SNEX STONEX GROUP INC | Financials | 232.5K | $18.8M | 1.9% | +39.1% |
| III INFORMATION SERVICES GROUP | Services media | 4.7M | $17.9M | 1.8% | -2.2% |
| IWG INTERNATIONAL WORKPLACE GROU | — | 7.5M | $17.8M | 1.8% | -6.0% |
| ACNB ACNB CORP | Financials | 359.7K | $17.2M | 1.8% | -3.0% |
| TROX TRONOX HOLDINGS PLC | Materials | 1.7M | $17.0M | 1.7% | -3.3% |
| SMBK SMARTFINANCIAL INC | Financials | 428.1K | $16.7M | 1.7% | -10.0% |
| FAF FIRST AMERICAN FINANCIAL | Financials | 264.5K | $15.9M | 1.6% | -2.7% |
| PNFP PINNACLE FINANCIAL PARTNERS | Financials | 183.3K | $15.8M | 1.6% | New |
| LAKE LAKELAND INDUSTRIES INC | Healthcare | 1.5M | $12.4M | 1.3% | +25.4% |
| HTB HOMETRUST BANCSHARES INC | Financials | 244.1K | $10.4M | 1.1% | -1.8% |
| ASLE AERSALE CORP | Consumer discretionary | 1.6M | $10.1M | 1.0% | -1.1% |
| RJF RAYMOND JAMES FINANCIAL INC | Financials | 52.8K | $7.6M | 0.8% | -4.5% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 45.4K | $6.6M | 0.7% | -0.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 26.3K | $6.4M | 0.6% | -1.9% |
| AAPL APPLE INC | Technology | 23.5K | $6.0M | 0.6% | +0.4% |
| GOOGL ALPHABET INC-CL A | Technology | 17.5K | $5.0M | 0.5% | -50.4% |
| PBFS PIONEER BANCORP INC/NY | Financials | 354.8K | $4.9M | 0.5% | -2.1% |
| MSFT MICROSOFT CORP | Technology | 12.6K | $4.7M | 0.5% | +21.7% |
| CC CHEMOURS CO/THE | Materials | 188.6K | $4.2M | 0.4% | -4.1% |
| BHB BAR HARBOR BANKSHARES | Financials | 121.2K | $3.9M | 0.4% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 18.4K | $3.8M | 0.4% | +15.6% |
| FBK FB FINANCIAL CORP | Financials | 57.1K | $3.0M | 0.3% | -49.1% |
| TGT TARGET CORP | Consumer discretionary | 24.1K | $2.9M | 0.3% | -5.3% |
| PFE PFIZER INC | Healthcare | 98.1K | $2.8M | 0.3% | +9.1% |
| CVX CHEVRON CORP | Energy | 13.0K | $2.7M | 0.3% | -18.6% |
| HP HELMERICH & PAYNE | Energy | 71.9K | $2.6M | 0.3% | -2.8% |
| QCOM QUALCOMM INC | Technology | 18.1K | $2.3M | 0.2% | +91.6% |
| PSX PHILLIPS 66 | Energy | 12.4K | $2.3M | 0.2% | -7.4% |
| CF CF INDUSTRIES HOLDINGS INC | Other | 17.4K | $2.3M | 0.2% | -11.0% |
| KDP KEURIG DR PEPPER INC | Consumer staples | 84.1K | $2.2M | 0.2% | +5.0% |
| CTOS CUSTOM TRUCK ONE SOURCE INC | Services media | 327.5K | $2.2M | 0.2% | Held |
| TSCO TRACTOR SUPPLY COMPANY | Consumer discretionary | 47.0K | $2.1M | 0.2% | +46.4% |
| PZZA PAPA JOHN'S INTL INC | Consumer discretionary | 63.0K | $2.0M | 0.2% | +50.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 194 | $1.00B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 182 | $1.09B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 168 | $1.12B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 163 | $1.04B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 150 | $913.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 145 | $954.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 138 | $933.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 142 | $859.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 137 | $893.6M | canonical | SEC ↗ |
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