We are live on
!
Find out more
PC
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 | |
|---|---|---|---|---|---|---|
51
Lattice Semiconductor
LSCC
$18.4B
| $8.36M | 1.07% |
137,176
-972
| -0.7% | -$58.3K |
|
52
Cardlytics
CDLX
$24.7M
| $8.35M | 1.07% |
15,181
-104
| -0.7% | -$62.9K |
|
|
BAND
53
Bandwidth Inc
BAND
$1.67B
| $8.34M | 1.07% |
257,600
+110,209
| +75% | +$5.28M |
|
54
Glacier Bancorp
GBCI
$6.48B
| $8.32M | 1.06% |
165,564
-79,489
| -32% | -$4.29M |
|
55
Itron
ITRI
$4.49B
| $8.29M | 1.06% |
157,292
-3,525
| -2% | -$197K |
|
56
Seacoast Banking Corp of Florida
SBCF
$3.44B
| $8.19M | 1.05% |
233,876
-66,509
| -22% | -$2.42M |
|
|
VAPO
57
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $8.18M | 1.04% |
73,574
+16,723
| +29% | +$2.09M |
|
58
American Eagle Outfitters
AEO
$2.72B
| $8.15M | 1.04% |
485,439
-6,393
| -1% | -$135K |
|
59
Champion Homes
SKY
$5.1B
| $8.15M | 1.04% |
148,469
-2,383
| -2% | -$161K |
|
60
Wingstop
WING
$3.05B
| $8.07M | 1.03% |
68,806
-464
| -0.7% | -$65.8K |
|
|
61
Expensify
EXFY
$202M
| $7.63M | 0.97% |
+434,230
| New | +$10.6M |
|
62
Crocs
CROX
$6.26B
| $7.59M | 0.97% |
99,380
+18,544
| +23% | +$1.75M |
|
63
MaxCyte
MXCT
$149M
| $7.11M | 0.91% |
1,017,753
-6,498
| -0.6% | -$44.4K |
|
64
Alphatec Holdings
ATEC
$1.49B
| $7.11M | 0.91% |
617,812
+219,157
| +55% | +$2.37M |
|
65
Immunocore
IMCR
$1.77B
| $7.08M | 0.9% |
236,616
-1,160
| -0.5% | -$29.3K |
|
66
Semtech
SMTC
$12.4B
| $6.84M | 0.87% |
98,696
-61,521
| -38% | -$4.41M |
|
|
SI
67
DELISTED
Silvergate Capital Corporation
SI
| $6.84M | 0.87% |
45,414
+16,301
| +56% | +$2.02M |
|
68
Allogene Therapeutics
ALLO
$683M
| $6.8M | 0.87% |
746,669
+451,701
| +153% | +$4.7M |
|
|
AZEK
69
DELISTED
The AZEK Co
AZEK
| $6.79M | 0.87% |
273,270
-3,222
| -1% | -$101K |
|
70
ALX Oncology
ALXO
$278M
| $6.67M | 0.85% |
394,443
+93,240
| +31% | +$1.59M |
|
|
APLS
71
DELISTED
Apellis Pharmaceuticals
APLS
| $6.62M | 0.84% |
130,208
-91,693
| -41% | -$4.05M |
|
72
Kornit Digital
KRNT
$758M
| $6.11M | 0.78% |
73,839
-91
| -0.1% | -$8.78K |
|
73
Azenta
AZTA
$1.47B
| $6.03M | 0.77% |
72,761
-1,139
| -2% | -$97.7K |
|
74
Anavex Life Sciences
AVXL
$316M
| $6.02M | 0.77% |
488,694
+212,350
| +77% | +$2.61M |
|
75
Sprout Social
SPT
$579M
| $5.84M | 0.75% |
72,911
+791
| +1% | +$54.2K |
|
Similar funds
HCM
FSCM
RMC
BEC
MWA
TPW
OM
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.