Institutional Manager · CIK 0001854794
Patient Capital Management, LLC
BALTIMORE, MD · File #028-22004
Latest AUM
$2.59B
Positions
40
Top-10 Concentration
49.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | ALIBABA GROUP HLDG LTD | BBAAY | -389,563 | -$57.1M | -$15.7M |
| NEW | CHIME FINL INC | 16935C109 | +2,035,112 | +$51.2M | $0 |
| REDUCE | PRECIGEN INC | PGEN | -7,787,382 | -$32.6M | +$23.6M |
| ADD | BIOGEN INC | BIIB | +179,703 | +$31.6M | +$14.2M |
| REDUCE | SOFI TECHNOLOGIES INC | SOFI | -1,055,582 | -$27.6M | -$540,942 |
| REDUCE | EXPEDIA GROUP INC | EXPE | -77,195 | -$21.9M | +$17.6M |
| NEW | FISERV INC | FISV | +259,161 | +$17.4M | $0 |
| ADD | NORWEGIAN CRUISE LINE HLDG L | NCLH | +743,257 | +$16.6M | -$10.5M |
| ADD | CROCS INC | CROX | +170,003 | +$14.5M | +$1.2M |
| REDUCE | UBS GROUP AG | UBS | -313,523 | -$14.5M | +$8.0M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202540 pos · $2.59B
- 13F HOLDINGS REPORTQ/E Sep 202541 pos · $2.50B
- 13F HOLDINGS REPORTQ/E Jun 202540 pos · $2.22B
- 13F HOLDINGS REPORTQ/E Mar 202539 pos · $1.94B
- 13F HOLDINGS REPORTQ/E Dec 202443 pos · $2.17B
- 13F HOLDINGS REPORTQ/E Sep 202441 pos · $2.04B
- 13F HOLDINGS REPORTQ/E Jun 202440 pos · $1.88B
- 13F HOLDINGS REPORTQ/E Mar 202442 pos · $2.05B
- 13F HOLDINGS REPORTQ/E Dec 202342 pos · $1.70B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOG | 581,637 | $182.1M | 7.03% |
| 2 | CITIGROUP INC | C-PR | 1,291,794 | $150.7M | 5.82% |
| 3 | AMAZON COM INC | AMZN | 562,559 | $129.8M | 5.01% |
| 4 | ROYALTY PHARMA PLC | RPRX | 3,333,675 | $128.8M | 4.97% |
| 5 | QXO INC | QXO-PB | 6,468,854 | $124.8M | 4.82% |
| 6 | UNITEDHEALTH GROUP INC | UNH | 368,293 | $121.6M | 4.69% |
| 7 | NVIDIA CORPORATION | NVDA | 638,814 | $119.1M | 4.60% |
| 8 | NORWEGIAN CRUISE LINE HLDG L | NCLH | 5,308,128 | $118.5M | 4.57% |
| 9 | BIOGEN INC | BIIB | 576,352 | $101.4M | 3.92% |
| 10 | CVS HEALTH CORP | CVS | 1,231,416 | $97.7M | 3.77% |
| 11 | META PLATFORMS INC | META | 143,094 | $94.5M | 3.65% |
| 12 | IAC INC | IAC | 2,374,050 | $92.8M | 3.58% |
| 13 | ENERGY TRANSFER L P | ET-PI | 5,272,875 | $86.9M | 3.36% |
| 14 | PRECIGEN INC | PGEN | 18,673,466 | $78.1M | 3.01% |
| 15 | ILLUMINA INC | ILMN | 575,768 | $75.5M | 2.91% |
| 16 | UNITED AIRLS HLDGS INC | UNTCW | 654,121 | $73.1M | 2.82% |
| 17 | SEADRILL LTD | SDRL | 2,053,797 | $71.1M | 2.74% |
| 18 | CROCS INC | CROX | 758,797 | $64.9M | 2.50% |
| 19 | GENERAL MTRS CO | 37045V100 | 771,647 | $62.8M | 2.42% |
| 20 | FIDELITY WISE ORIGIN BITCOIN | FBTC | 781,695 | $59.6M | 2.30% |