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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
+11.69%
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
$612M
AUM Growth
+$21.2M
(+3.6%)
Cap. Flow
-$22.8M
Cap. Flow
% of AUM
-3.72%
Top 10 Holdings %
Top 10 Hldgs %
15.96%
Holding
123
New
17
Increased
40
Reduced
50
Closed
16
Avg Time Held
1.1
years
Top 10 Avg Time Held
0
years
Top 20 Avg Time Held
0.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Seacoast Banking Corp of Florida
SBCF
|
+$9.14M |
| 2 |
MINI
Mobile Mini Inc
MINI
|
+$8.42M |
| 3 |
Chegg
CHGG
|
+$7.44M |
| 4 |
Itron
ITRI
|
+$7.41M |
| 5 |
VRTU
Virtusa Corporation
VRTU
|
+$7.04M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Casey's General Stores
CASY
|
+$8.27M |
| 2 |
Trade Desk
TTD
|
+$7.55M |
| 3 |
Littelfuse
LFUS
|
+$7.27M |
| 4 |
Floor & Decor
FND
|
+$6.18M |
| 5 |
WIX.com
WIX
|
+$5.94M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.56% |
| 2 | Healthcare | 18.31% |
| 3 | Industrials | 14.47% |
| 4 | Consumer Discretionary | 11.91% |
| 5 | Financials | 9.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
101
BWX Technologies
BWXT
$12.6B
| $455K | 0.07% |
7,329
+2,412
| +49% | +$143K |
2017 Q2
10 quarters
|
|
102
DELISTED
Exact Sciences
EXAS
| $446K | 0.07% |
4,818
+1,383
| +40% | +$122K |
2018 Q4
4 quarters
|
|
103
Twilio
TWLO
$37.5B
| $394K | 0.06% |
4,013
+161
| +4% | +$16.4K |
2018 Q4
4 quarters
|
|
104
DexCom
DXCM
$32.5B
| $393K | 0.06% |
7,192
+356
| +5% | +$16.9K |
2018 Q4
4 quarters
|
|
105
MongoDB
MDB
$27.2B
| $368K | 0.06% |
2,796
+1,060
| +61% | +$139K |
2019 Q3
1 quarter
|
|
106
Okta
OKTA
$32.7B
| $287K | 0.05% |
2,490
+100
| +4% | +$11.5K |
2019 Q3
1 quarter
|
|
107
Atlassian
TEAM
$52.6B
| $269K | 0.04% |
2,234
-1,978
| -47% | -$241K |
2017 Q4
8 quarters
|
|
|
108
Casey's General Stores
CASY
$25.5B
| – | – |
-51,338
| Closed | -$8.27M | – |
|
109
8x8 Inc
EGHT
$280M
| – | – |
-158,675
| Closed | -$3.29M | – |
|
|
110
Floor & Decor
FND
$4.82B
| – | – |
-120,823
| Closed | -$6.18M | – |
|
111
Canada Goose Holdings
GOOS
$789M
| – | – |
-111,041
| Closed | -$4.88M | – |
|
112
iRhythm Holdings
IRTC
$3.58B
| – | – |
-46,024
| Closed | -$3.41M | – |
|
|
113
Littelfuse
LFUS
$9.67B
| – | – |
-40,985
| Closed | -$7.27M | – |
|
114
Stride
LRN
$3.42B
| – | – |
-133,309
| Closed | -$3.52M | – |
|
115
Marcus & Millichap
MMI
$1.06B
| – | – |
-167,054
| Closed | -$5.93M | – |
|
116
ServiceNow
NOW
$147B
| – | – |
-6,815
| Closed | -$346K | – |
|
117
The RealReal
REAL
$1.26B
| – | – |
-186,857
| Closed | -$4.18M | – |
|
118
Red Rock Resorts
RRR
$2.91B
| – | – |
-282,752
| Closed | -$5.74M | – |
|
|
119
Trade Desk
TTD
$5.78B
| – | – |
-402,730
| Closed | -$7.55M | – |
|
120
Veracyte
VCYT
$3.47B
| – | – |
-142,184
| Closed | -$3.41M | – |
|
|
121
WIX.com
WIX
$3.14B
| – | – |
-50,912
| Closed | -$5.94M | – |
|
122
DELISTED
Altair Engineering Inc
ALTR
| – | – |
-98,328
| Closed | -$3.4M | – |
|
|
RAVN
123
DELISTED
Raven Industries Inc
RAVN
| – | – |
-149,993
| Closed | -$5.02M | – |
|
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Pier Capital's Q4 2019 Portfolio in Review
As of Q4 2019, Pier Capital held 123 positions worth $612M, up 3.6% from $590M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Pier Capital withdrew a net $22.8M in Q4 2019, closing 16 positions and reducing 50 holdings. Its most notable exit was Casey's General Stores, an estimated $8.27M position sold in full.
By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 34% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Pier Capital opened a new position in Seacoast Banking Corp of Florida worth $9.84M.
- Pier Capital's largest Q4 2019 buy was Seacoast Banking Corp of Florida: 321,725 shares worth $9.84M.
- Pier Capital added most to Evercore in Q4 2019, an estimated $3.17M increase.
- Pier Capital's biggest Q4 2019 reduction was Omnicell, cutting an estimated $5.26M.
- Pier Capital fully exited Casey's General Stores in Q4 2019, selling an estimated $8.27M.
- Pier Capital's ten largest holdings make up 16% of its $612M portfolio in Q4 2019.
- Pier Capital opened 17 new positions and closed 16 in Q4 2019.
- Pier Capital's portfolio value rose 3.6% quarter-over-quarter to $612M.
Based on Pier Capital's 13F filing for Q4 2019, filed 14 Feb 2020.