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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
Cap. Flow
-$24M
Cap. Flow %
-3.06%
Top 10 Hldgs %
17.34%
Holding
118
New
6
Increased
47
Reduced
48
Closed
13

Top Buys

Rank Stock Value
1
EXFY icon
Expensify
EXFY
+$10.6M
2
FRME icon
First Merchants
FRME
+$9M
3
ONTO icon
Onto Innovation
ONTO
+$8.76M
4
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
+$8.41M
5
FOUR icon
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
LPSN icon
LivePerson
LPSN
+$9.61M
4
SLAB icon
Silicon Laboratories
SLAB
+$9.39M
5
LIND icon
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
FCN icon
101
FTI Consulting
FCN
$4.24B
$18K ﹤0.01%
112
– –
UPWK icon
102
Upwork
UPWK
$1.05B
$11K ﹤0.01%
485
-253,258
-100% -$6.34M
BWXT icon
103
BWX Technologies
BWXT
$15.8B
$10K ﹤0.01%
183
– –
COHR icon
104
Coherent
COHR
$64B
$5K ﹤0.01%
75
– –
CTLT
105
DELISTED
CATALENT, INC.
CTLT
$3K ﹤0.01%
24
– –
CMRC
106
Commerce.com Inc Series 1
CMRC
$179M
– –
-204,906
Closed -$7.25M
IBP icon
107
Installed Building Products
IBP
$6.46B
– –
-45,282
Closed -$6.33M
LPSN icon
108
LivePerson
LPSN
$35.9M
– –
-17,929
Closed -$9.61M
MC icon
109
Moelis & Co
MC
$4.91B
– –
-105,975
Closed -$6.62M
SDGR icon
110
Schrodinger
SDGR
$1.38B
– –
-113,491
Closed -$3.95M
SLAB icon
111
Silicon Laboratories
SLAB
$7.3B
– –
-45,481
Closed -$9.39M
TLS icon
112
Telos
TLS
$324M
– –
-238,588
Closed -$3.68M
WIX icon
113
WIX.com
WIX
$3.35B
– –
-5,924
Closed -$935K
YEXT icon
114
Yext
YEXT
$574M
– –
-796,517
Closed -$7.9M
EVBG
115
DELISTED
Everbridge, Inc. Common Stock
EVBG
– –
-93,777
Closed -$6.31M
SDIG
116
DELISTED
Stronghold Digital Mining, Inc. Class A Common Stock
SDIG
– –
-43,083
Closed -$5.54M
POSH
117
DELISTED
Poshmark, Inc. Class A Common Stock
POSH
– –
-623,549
Closed -$10.6M
MTOR
118
DELISTED
MERITOR, Inc.
MTOR
– –
-480,559
Closed -$11.9M
1 2 3 4
5

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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.