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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
+1%
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
$705M
AUM Growth
-$71.5M
(-9.2%)
Cap. Flow
-$77.4M
Cap. Flow
% of AUM
-10.98%
Top 10 Holdings %
Top 10 Hldgs %
16.12%
Holding
170
New
34
Increased
20
Reduced
72
Closed
30
Avg Time Held
0.4
years
Top 10 Avg Time Held
0.1
years
Top 20 Avg Time Held
0.1
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BNFT
Benefitfocus, Inc.
BNFT
|
+$10.3M |
| 2 |
Varonis Systems
VRNS
|
+$7.98M |
| 3 |
The Aaron's Company Inc Class A
AAN.A
|
+$6.98M |
| 4 |
MLNX
Mellanox Technologies, Ltd.
MLNX
|
+$6.97M |
| 5 |
DexCom
DXCM
|
+$6.93M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
|
+$10.8M |
| 2 |
Lithia Motors
LAD
|
+$10.2M |
| 3 |
Novadaq Technologies Inc.
NVDQ
|
+$9.56M |
| 4 |
SONC
Sonic Corp
SONC
|
+$8.74M |
| 5 |
Texas Capital Bancshares
TCBI
|
+$8.61M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 19.14% |
| 2 | Technology | 18.1% |
| 3 | Healthcare | 17.07% |
| 4 | Consumer Discretionary | 15.68% |
| 5 | Miscellaneous | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
51
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $6.98M | 0.99% |
+195,853
| New | +$6.98M |
2014 Q2
0 quarters
|
|
52
Designer Brands
DBI
$328M
| $6.96M | 0.99% |
248,975
+98,322
| +65% | +$3.1M |
2013 Q2
4 quarters
|
|
53
Old Dominion Freight Line
ODFL
$39.2B
| $6.92M | 0.98% |
325,929
-261,027
| -44% | -$5.26M |
2013 Q2
4 quarters
|
|
|
ARII
54
DELISTED
American Railcar Industries, Inc.
ARII
| $6.91M | 0.98% |
+101,968
| New | +$6.57M |
2014 Q2
0 quarters
|
|
55
Astec Industries
ASTE
$896M
| $6.9M | 0.98% |
+157,273
| New | +$6.48M |
2014 Q2
0 quarters
|
|
|
RRTS
56
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $6.85M | 0.97% |
9,755
-925
| -9% | -$601K |
2013 Q2
4 quarters
|
|
|
SLXP
57
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $6.85M | 0.97% |
55,512
-98,156
| -64% | -$10.8M |
2013 Q2
4 quarters
|
|
58
Chord Energy
CHRD
$8.11B
| $6.83M | 0.97% |
122,170
-9,962
| -8% | -$482K |
2013 Q2
4 quarters
|
|
59
Domino's
DPZ
$9.97B
| $6.83M | 0.97% |
93,379
-10,424
| -10% | -$763K |
2013 Q2
4 quarters
|
|
|
BBG
60
DELISTED
Bill Barrett Corp
BBG
| $6.82M | 0.97% |
+254,528
| New | +$6.49M |
2014 Q2
0 quarters
|
|
|
NORD
61
DELISTED
Nord Anglia Education, Inc.
NORD
| $6.73M | 0.95% |
367,675
+174,509
| +90% | +$3.22M |
2014 Q1
1 quarter
|
|
|
LTXB
62
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $6.71M | 0.95% |
+249,285
| New | +$6.55M |
2014 Q2
0 quarters
|
|
63
Apogee Enterprises
APOG
$862M
| $6.59M | 0.93% |
188,999
-17,748
| -9% | -$553K |
2014 Q1
1 quarter
|
|
|
AMCC
64
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $6.54M | 0.93% |
+604,754
| New | +$5.91M |
2014 Q2
0 quarters
|
|
65
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $6.53M | 0.93% |
198,620
-18,381
| -8% | -$629K |
2013 Q3
3 quarters
|
|
66
DELISTED
K2M Group Holdings, Inc
KTWO
| $6.47M | 0.92% |
+434,645
| New | +$6.52M |
2014 Q2
0 quarters
|
|
67
Motorcar Parts of America
MPAA
$196M
| $6.44M | 0.91% |
264,641
-26,286
| -9% | -$669K |
2013 Q4
2 quarters
|
|
|
TQNT
68
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $6.44M | 0.91% |
+407,321
| New | +$6.03M |
2014 Q2
0 quarters
|
|
|
IPHI
69
DELISTED
INPHI CORPORATION
IPHI
| $6.32M | 0.9% |
430,628
-50,591
| -11% | -$761K |
2014 Q1
1 quarter
|
|
|
CYBX
70
DELISTED
CYBERONICS INC
CYBX
| $6.28M | 0.89% |
100,507
-10,996
| -10% | -$670K |
2013 Q3
3 quarters
|
|
|
CPHD
71
DELISTED
Cepheid Inc
CPHD
| $6.11M | 0.87% |
127,353
-14,682
| -10% | -$666K |
2014 Q1
1 quarter
|
|
72
Maximus
MMS
$3.15B
| $6.07M | 0.86% |
141,129
-14,275
| -9% | -$614K |
2013 Q2
4 quarters
|
|
73
Dorman Products
DORM
$3.67B
| $6.03M | 0.86% |
122,279
-14,145
| -10% | -$772K |
2014 Q1
1 quarter
|
|
74
WIX.com
WIX
$3.4B
| $5.99M | 0.85% |
301,670
+59,970
| +25% | +$1.13M |
2014 Q1
1 quarter
|
|
|
TRIB
75
Trinity Biotech
TRIB
$6.45M
| $5.8M | 0.82% |
1,679
-160
| -9% | -$569K |
2013 Q4
2 quarters
|
|
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Pier Capital's Q2 2014 Portfolio in Review
As of Q2 2014, Pier Capital held 170 positions worth $705M, down 9.2% from $777M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Pier Capital withdrew a net $77.4M in Q2 2014, closing 30 positions and reducing 72 holdings. Its most notable exit was Novadaq Technologies Inc., an estimated $9.56M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 19% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Pier Capital opened a new position in Varonis Systems worth $9.07M.
- Pier Capital's largest Q2 2014 buy was Varonis Systems: 937,632 shares worth $9.07M.
- Pier Capital added most to Benefitfocus, Inc. in Q2 2014, an estimated $10.3M increase.
- Pier Capital's biggest Q2 2014 reduction was SALIX PHARMACEUTICALS LTD DEL, cutting an estimated $10.8M.
- Pier Capital fully exited Novadaq Technologies Inc. in Q2 2014, selling an estimated $9.56M.
- Pier Capital's ten largest holdings make up 16% of its $705M portfolio in Q2 2014.
- Pier Capital opened 34 new positions and closed 30 in Q2 2014.
- Pier Capital's portfolio value fell 9.2% quarter-over-quarter to $705M.
Based on Pier Capital's 13F filing for Q2 2014, filed 12 Aug 2014.