We are live on
!
Find out more
PC
Pier Capital Portfolio holdings
AUM
$755M
Turnover
32.67%
1-Year Est. Return
94.38%
This Fund
S&P 500
This Quarter
Est. Return
-21.15%
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
$504M
AUM Growth
-$289M
(-36%)
Cap. Flow
-$137M
Cap. Flow
% of AUM
-27.25%
Top 10 Holdings %
Top 10 Hldgs %
14.32%
Holding
134
New
25
Increased
18
Reduced
66
Closed
25
Avg Time Held
0.8
years
Top 10 Avg Time Held
0
years
Top 20 Avg Time Held
0.1
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$7.5M |
| 2 |
PDCE
PDC Energy, Inc.
PDCE
|
+$7.45M |
| 3 |
Century Communities
CCS
|
+$7.14M |
| 4 |
FIVE9
FIVN
|
+$6.93M |
| 5 |
Rapid7
RPD
|
+$6.57M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Altair Engineering Inc
ALTR
|
+$10.6M |
| 2 |
Funko
FNKO
|
+$9.62M |
| 3 |
TLND
Talend S.A. American Depositary Shares
TLND
|
+$9.22M |
| 4 |
Amedisys
AMED
|
+$9.02M |
| 5 |
G-III Apparel Group
GIII
|
+$8.81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.89% |
| 2 | Healthcare | 23.02% |
| 3 | Industrials | 16.28% |
| 4 | Consumer Discretionary | 9.01% |
| 5 | Financials | 6.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
DELISTED
Splunk Inc
SPLK
| – | – |
-4,395
| Closed | -$531K | – |
|
127
DELISTED
Echo Global Logistics, Inc.
ECHO
| – | – |
-180,597
| Closed | -$5.59M | – |
|
|
TLND
128
DELISTED
Talend S.A. American Depositary Shares
TLND
| – | – |
-132,244
| Closed | -$9.22M | – |
|
129
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| – | – |
-248,838
| Closed | -$7.96M | – |
|
|
BFYT
130
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| – | – |
-80,279
| Closed | -$4.95M | – |
|
131
DELISTED
Instructure, Inc.
INST
| – | – |
-220,343
| Closed | -$7.8M | – |
|
|
SFLY
132
DELISTED
Shutterfly, Inc.
SFLY
| – | – |
-112,270
| Closed | -$7.4M | – |
|
133
DELISTED
WildHorse Resource Development
WRD
| – | – |
-358,764
| Closed | -$8.48M | – |
|
|
APTI
134
DELISTED
Apptio, Inc. Class A Common Stock
APTI
| – | – |
-235,393
| Closed | -$8.7M | – |
|
Similar funds
HFS
FFA
KCG
SCM
PCM
AFAS
ACM
M
Pier Capital's Q4 2018 Portfolio in Review
As of Q4 2018, Pier Capital held 134 positions worth $504M, down 36% from $792M the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Pier Capital withdrew a net $137M in Q4 2018, closing 25 positions and reducing 66 holdings. Its most notable exit was Altair Engineering Inc, an estimated $10.6M position sold in full.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 29% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Pier Capital opened a new position in Atlas Air Worldwide Holdings, Inc. worth $6.18M.
- Pier Capital's largest Q4 2018 buy was Atlas Air Worldwide Holdings, Inc.: 146,495 shares worth $6.18M.
- Pier Capital added most to SiteOne Landscape Supply in Q4 2018, an estimated $6.03M increase.
- Pier Capital's biggest Q4 2018 reduction was Emergent Biosolutions, cutting an estimated $5.15M.
- Pier Capital fully exited Altair Engineering Inc in Q4 2018, selling an estimated $10.6M.
- Pier Capital's ten largest holdings make up 14% of its $504M portfolio in Q4 2018.
- Pier Capital opened 25 new positions and closed 25 in Q4 2018.
- Pier Capital's portfolio value fell 36% quarter-over-quarter to $504M.
Based on Pier Capital's 13F filing for Q4 2018, filed 13 Feb 2019.