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Pier Capital Portfolio holdings
AUM
$755M
Turnover
32.67%
1-Year Est. Return
94.38%
This Fund
S&P 500
This Quarter
Est. Return
+18.88%
1 Year Est. Return
+94.38%
3 Year Est. Return
+222.94%
5 Year Est. Return
+261.19%
10 Year Est. Return
+2,769.67%
AUM
$564M
AUM Growth
+$15.2M
(+2.8%)
Cap. Flow
-$42.7M
Cap. Flow
% of AUM
-7.57%
Top 10 Holdings %
Top 10 Hldgs %
12.84%
Holding
155
New
42
Increased
17
Reduced
55
Closed
41
Avg Time Held
0.6
years
Top 10 Avg Time Held
0.1
years
Top 20 Avg Time Held
0.1
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Five Below
FIVE
|
+$6.34M |
| 2 |
PTHN
Patheon N.V.
PTHN
|
+$5.97M |
| 3 |
GRUB
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
|
+$5.87M |
| 4 |
CAVM
Cavium, Inc.
CAVM
|
+$5.86M |
| 5 |
Himax Technologies
HIMX
|
+$5.67M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Casey's General Stores
CASY
|
+$7.13M |
| 2 |
Texas Roadhouse
TXRH
|
+$6.96M |
| 3 |
AMN Healthcare
AMN
|
+$6.9M |
| 4 |
CALD
Callidus Software, Inc.
CALD
|
+$6.7M |
| 5 |
PGND
PRESS GANEY HOLDINGS INC COM STK (DE)
PGND
|
+$6.05M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.98% |
| 2 | Healthcare | 20.19% |
| 3 | Industrials | 17.25% |
| 4 | Consumer Discretionary | 10.6% |
| 5 | Financials | 4.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
8x8 Inc
EGHT
$295M
| $6.03M | 1.07% |
390,709
-14,679
| -4% | -$209K |
2016 Q1
2 quarters
|
|
27
JBT Marel
JBTM
$5.52B
| $6M | 1.06% |
84,992
+42,754
| +101% | +$2.86M |
2016 Q2
1 quarter
|
|
|
PFPT
28
DELISTED
Proofpoint, Inc.
PFPT
| $5.98M | 1.06% |
79,887
-9,463
| -11% | -$698K |
2014 Q3
8 quarters
|
|
|
MDSO
29
DELISTED
Medidata Solutions, Inc.
MDSO
| $5.97M | 1.06% |
+107,012
| New | +$5.67M |
2016 Q3
0 quarters
|
|
30
Commault Systems
CVLT
$6.28B
| $5.96M | 1.06% |
112,273
-18,303
| -14% | -$920K |
2016 Q1
2 quarters
|
|
31
Etsy
ETSY
$8.06B
| $5.96M | 1.06% |
+417,204
| New | +$5.28M |
2016 Q3
0 quarters
|
|
|
VCRA
32
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $5.95M | 1.05% |
+351,814
| New | +$5.38M |
2016 Q3
0 quarters
|
|
33
HubSpot
HUBS
$11.4B
| $5.93M | 1.05% |
102,914
-52,818
| -34% | -$2.87M |
2016 Q1
2 quarters
|
|
34
Western Alliance Bancorporation
WAL
$8.29B
| $5.92M | 1.05% |
157,730
-8,133
| -5% | -$289K |
2015 Q2
5 quarters
|
|
35
Shopify
SHOP
$228B
| $5.89M | 1.05% |
1,373,500
-533,160
| -28% | -$2.03M |
2015 Q3
4 quarters
|
|
36
RingCentral
RNG
$6.4B
| $5.89M | 1.04% |
248,970
-44,433
| -15% | -$1M |
2015 Q1
6 quarters
|
|
37
Evolent Health
EVH
$543M
| $5.89M | 1.04% |
+239,223
| New | +$5.59M |
2016 Q3
0 quarters
|
|
38
Mueller Water Products
MWA
$3.42B
| $5.89M | 1.04% |
+469,143
| New | +$5.62M |
2016 Q3
0 quarters
|
|
|
IPHI
39
DELISTED
INPHI CORPORATION
IPHI
| $5.88M | 1.04% |
135,148
-55,064
| -29% | -$2.13M |
2015 Q4
3 quarters
|
|
40
Shutterstock
SSTK
$164M
| $5.88M | 1.04% |
+92,283
| New | +$5.31M |
2016 Q3
0 quarters
|
|
41
Lithia Motors
LAD
$6.67B
| $5.88M | 1.04% |
+61,523
| New | +$5.17M |
2016 Q3
0 quarters
|
|
42
DELISTED
Air Transport Services Group
ATSG
| $5.86M | 1.04% |
408,361
+43,363
| +12% | +$609K |
2016 Q1
2 quarters
|
|
43
MKS Inc
MKSI
$15B
| $5.84M | 1.04% |
+117,485
| New | +$5.54M |
2016 Q3
0 quarters
|
|
44
Penumbra
PEN
$12.6B
| $5.82M | 1.03% |
+76,556
| New | +$5.28M |
2016 Q3
0 quarters
|
|
45
Lumentum
LITE
$76B
| $5.78M | 1.03% |
+138,475
| New | +$4.56M |
2016 Q3
0 quarters
|
|
46
Bright Horizons
BFAM
$3.43B
| $5.78M | 1.03% |
86,450
+9,666
| +13% | +$651K |
2015 Q4
3 quarters
|
|
47
MarketAxess Holdings
MKTX
$5.79B
| $5.78M | 1.02% |
34,885
-11,521
| -25% | -$1.87M |
2016 Q1
2 quarters
|
|
48
Installed Building Products
IBP
$5B
| $5.77M | 1.02% |
160,919
-47,087
| -23% | -$1.64M |
2015 Q3
4 quarters
|
|
|
SPNC
49
DELISTED
Spectranetics Corp
SPNC
| $5.77M | 1.02% |
229,806
-63,394
| -22% | -$1.48M |
2016 Q2
1 quarter
|
|
|
ZEN
50
DELISTED
ZENDESK INC
ZEN
| $5.7M | 1.01% |
185,633
-136,609
| -42% | -$4.06M |
2014 Q4
7 quarters
|
|
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Pier Capital's Q3 2016 Portfolio in Review
As of Q3 2016, Pier Capital held 155 positions worth $564M, up 2.8% from $549M the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Pier Capital withdrew a net $42.7M in Q3 2016, closing 41 positions and reducing 55 holdings. Its most notable exit was Casey's General Stores, an estimated $7.13M position sold in full.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 29% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Pier Capital opened a new position in Five Below worth $5.52M.
- Pier Capital's largest Q3 2016 buy was Five Below: 136,897 shares worth $5.52M.
- Pier Capital added most to Fabrinet in Q3 2016, an estimated $2.88M increase.
- Pier Capital's biggest Q3 2016 reduction was LHC Group LLC, cutting an estimated $5.4M.
- Pier Capital fully exited Casey's General Stores in Q3 2016, selling an estimated $7.13M.
- Pier Capital's ten largest holdings make up 13% of its $564M portfolio in Q3 2016.
- Pier Capital opened 42 new positions and closed 41 in Q3 2016.
- Pier Capital's portfolio value rose 2.8% quarter-over-quarter to $564M.
Based on Pier Capital's 13F filing for Q3 2016, filed 14 Nov 2016.