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Pier Capital Portfolio holdings
AUM
$755M
1-Year Est. Return
94.38%
This Fund
S&P 500
This Quarter
Est. Return
-13.39%
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
$783M
AUM Growth
-$165M
(-17%)
Cap. Flow
-$24M
Cap. Flow
% of AUM
-3.06%
Top 10 Holdings %
Top 10 Hldgs %
17.34%
Holding
118
New
6
Increased
47
Reduced
48
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Expensify
EXFY
|
+$10.6M |
| 2 |
First Merchants
FRME
|
+$9M |
| 3 |
Onto Innovation
ONTO
|
+$8.76M |
| 4 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$8.41M |
| 5 |
Shift4
FOUR
|
+$6.93M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MTOR
MERITOR, Inc.
MTOR
|
+$11.9M |
| 2 |
POSH
Poshmark, Inc. Class A Common Stock
POSH
|
+$10.6M |
| 3 |
LivePerson
LPSN
|
+$9.61M |
| 4 |
Silicon Laboratories
SLAB
|
+$9.39M |
| 5 |
Lindblad Expeditions
LIND
|
+$8.15M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.69% |
| 2 | Healthcare | 24.84% |
| 3 | Industrials | 18.39% |
| 4 | Consumer Discretionary | 10.81% |
| 5 | Financials | 5.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PagerDuty
PD
$876M
| $9.73M | 1.24% |
284,476
-4,671
| -2% | -$150K |
|
27
Power Integrations
POWI
$3.57B
| $9.71M | 1.24% |
104,812
-23
| -0% | -$2K |
|
28
Endava
DAVA
$162M
| $9.67M | 1.23% |
72,715
+33
| +0% | +$4.16K |
|
29
Houlihan Lokey
HLI
$9.24B
| $9.63M | 1.23% |
109,624
-1,155
| -1% | -$119K |
|
30
Cerus
CERS
$572M
| $9.51M | 1.21% |
1,732,761
-9,746
| -0.6% | -$54K |
|
31
Magnite
MGNI
$3.49B
| $9.5M | 1.21% |
719,193
+328,010
| +84% | +$4.42M |
|
|
ISEE
32
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $9.37M | 1.2% |
556,841
+128,387
| +30% | +$1.9M |
|
33
Bloom Energy
BE
$69.6B
| $9.36M | 1.19% |
387,583
-2,309
| -0.6% | -$45.1K |
|
34
e.l.f. Beauty
ELF
$5.47B
| $9.33M | 1.19% |
361,363
-3,243
| -0.9% | -$88.2K |
|
35
RadNet
RDNT
$6.06B
| $9.29M | 1.19% |
415,259
+90,437
| +28% | +$2.21M |
|
36
Fox Factory Holding Corp
FOXF
$886M
| $9.25M | 1.18% |
94,475
+25,757
| +37% | +$3.18M |
|
37
Tenable Holdings
TENB
$4.41B
| $9.24M | 1.18% |
159,890
-81,566
| -34% | -$4.21M |
|
38
TechTarget
TTGT
$265M
| $9.01M | 1.15% |
110,833
+543
| +0.5% | +$43.8K |
|
39
Codexis
CDXS
$175M
| $8.96M | 1.14% |
434,440
+281,989
| +185% | +$5.84M |
|
|
NARI
40
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $8.94M | 1.14% |
98,664
-758
| -0.8% | -$62K |
|
41
Fluence Energy
FLNC
$2.44B
| $8.92M | 1.14% |
680,705
+313,400
| +85% | +$5.26M |
|
42
BlackLine
BL
$1.82B
| $8.91M | 1.14% |
121,678
+20,134
| +20% | +$1.63M |
|
43
DoubleVerify
DV
$2.04B
| $8.87M | 1.13% |
352,465
+124,494
| +55% | +$3.24M |
|
|
AAWW
44
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $8.84M | 1.13% |
+102,402
| New | +$8.41M |
|
|
LHCG
45
DELISTED
LHC Group LLC
LHCG
| $8.74M | 1.12% |
51,842
-34,628
| -40% | -$4.63M |
|
|
ONT
46
Onterris Inc
ONT
$576M
| $8.64M | 1.1% |
163,183
+18,355
| +13% | +$909K |
|
|
47
First Merchants
FRME
$2.72B
| $8.62M | 1.1% |
+207,291
| New | +$9M |
|
|
48
Onto Innovation
ONTO
$20.6B
| $8.56M | 1.09% |
+98,532
| New | +$8.76M |
|
49
Saia
SAIA
$10.1B
| $8.56M | 1.09% |
35,097
-54
| -0.2% | -$15K |
|
|
EB
50
DELISTED
Eventbrite
EB
| $8.54M | 1.09% |
578,364
+21,185
| +4% | +$314K |
|
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BEC
MWA
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MGM
Pier Capital's Q1 2022 Portfolio in Review
As of Q1 2022, Pier Capital held 118 positions worth $783M, down 17% from $948M the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Pier Capital withdrew a net $24M in Q1 2022, closing 13 positions and reducing 48 holdings. Its most notable exit was MERITOR, Inc., an estimated $11.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 31% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Pier Capital opened a new position in Expensify worth $7.63M.
- Pier Capital's largest Q1 2022 buy was Expensify: 434,230 shares worth $7.63M.
- Pier Capital added most to Shift4 in Q1 2022, an estimated $6.93M increase.
- Pier Capital's biggest Q1 2022 reduction was Lindblad Expeditions, cutting an estimated $8.15M.
- Pier Capital fully exited MERITOR, Inc. in Q1 2022, selling an estimated $11.9M.
- Pier Capital's ten largest holdings make up 17% of its $783M portfolio in Q1 2022.
- Pier Capital opened 6 new positions and closed 13 in Q1 2022.
- Pier Capital's portfolio value fell 17% quarter-over-quarter to $783M.
Based on Pier Capital's 13F filing for Q1 2022, filed 10 May 2022.