We are live on
!
Find out more
PCM
Piermont Capital Management Portfolio holdings
AUM
$211M
1-Year Est. Return
8.09%
This Fund
S&P 500
This Quarter
Est. Return
+11.4%
1 Year Est. Return
-8.09%
3 Year Est. Return
+33.18%
5 Year Est. Return
+53.13%
10 Year Est. Return
–
AUM
$438M
AUM Growth
+$15.2M
(+3.6%)
Cap. Flow
-$19.5M
Cap. Flow
% of AUM
-4.46%
Top 10 Holdings %
Top 10 Hldgs %
10.41%
Holding
292
New
47
Increased
27
Reduced
142
Closed
47
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Banner Corp
BANR
|
+$3.27M |
| 2 |
First American
FAF
|
+$3.2M |
| 3 |
Associated Banc-Corp
ASB
|
+$3.11M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$3M |
| 5 |
Scholastic
SCHL
|
+$2.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Southwest Gas
SWX
|
+$4.06M |
| 2 |
MENT
Mentor Graphics Corp
MENT
|
+$3.75M |
| 3 |
Coherent
COHR
|
+$3.64M |
| 4 |
AAR Corp
AIR
|
+$3.64M |
| 5 |
KCG
KCG Holdings, Inc.
KCG
|
+$3.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.8% |
| 2 | Industrials | 16.96% |
| 3 | Technology | 13.08% |
| 4 | Consumer Discretionary | 11.51% |
| 5 | Real Estate | 8.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
251
Coherent
COHR
$74.2B
| – | – |
-149,620
| Closed | -$3.64M |
|
252
Central Pacific Financial
CPF
$1B
| – | – |
-125,117
| Closed | -$3.15M |
|
|
CSGS
253
DELISTED
CSG Systems International
CSGS
| – | – |
-35,766
| Closed | -$1.48M |
|
254
CubeSmart
CUBE
$9.41B
| – | – |
-23,710
| Closed | -$646K |
|
255
Cousins Properties
CUZ
$4.88B
| – | – |
-110,559
| Closed | -$3.26M |
|
256
Emergent Biosolutions
EBS
$248M
| – | – |
-35,594
| Closed | -$1.12M |
|
257
Encompass Health
EHC
$12.4B
| – | – |
-19,534
| Closed | -$630K |
|
258
FTI Consulting
FCN
$4.18B
| – | – |
-28,977
| Closed | -$1.29M |
|
259
Factset
FDS
$10.2B
| – | – |
-4,090
| Closed | -$663K |
|
260
First Horizon
FHN
$12.1B
| – | – |
-206,750
| Closed | -$3.15M |
|
261
Jack Henry & Associates
JKHY
$11.1B
| – | – |
-8,080
| Closed | -$691K |
|
262
Lear
LEA
$8.18B
| – | – |
-8,480
| Closed | -$1.03M |
|
263
Myriad Genetics
MYGN
$312M
| – | – |
-42,660
| Closed | -$878K |
|
264
NewMarket
NEU
$8.18B
| – | – |
-1,390
| Closed | -$597K |
|
265
Nektar Therapeutics
NKTR
$2.58B
| – | – |
-2,072
| Closed | -$534K |
|
266
Novavax
NVAX
$1.31B
| – | – |
-7,939
| Closed | -$330K |
|
267
OneSpan
OSPN
$618M
| – | – |
-78,230
| Closed | -$1.38M |
|
268
Pebblebrook Hotel Trust
PEB
$2.05B
| – | – |
-109,290
| Closed | -$2.91M |
|
269
Pegasystems
PEGA
$5.38B
| – | – |
-92,910
| Closed | -$1.37M |
|
270
Insulet
PODD
$9.79B
| – | – |
-27,210
| Closed | -$1.11M |
|
|
PRA
271
DELISTED
ProAssurance
PRA
| – | – |
-51,907
| Closed | -$2.72M |
|
|
RGLS
272
DELISTED
Regulus Therapeutics
RGLS
| – | – |
-1,384
| Closed | -$548K |
|
273
Renasant Corp
RNST
$3.91B
| – | – |
-81,270
| Closed | -$2.73M |
|
274
Red Robin
RRGB
$152M
| – | – |
-20,029
| Closed | -$900K |
|
275
Rayonier Advanced Materials
RYAM
$610M
| – | – |
-102,737
| Closed | -$1.37M |
|
Similar funds
WAM
GIM
PPC
MA
PC
HCG
WA
VAM
Piermont Capital Management's Q4 2016 Portfolio in Review
As of Q4 2016, Piermont Capital Management held 292 positions worth $438M, up 3.6% from $422M the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Piermont Capital Management withdrew a net $19.5M in Q4 2016, closing 47 positions and reducing 142 holdings. Its most notable exit was Southwest Gas, an estimated $4.06M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.
Against the trend, Piermont Capital Management opened a new position in Banner Corp worth $3.72M.
- Piermont Capital Management's largest Q4 2016 buy was Banner Corp: 66,690 shares worth $3.72M.
- Piermont Capital Management added most to Progress Software in Q4 2016, an estimated $2.68M increase.
- Piermont Capital Management's biggest Q4 2016 reduction was American Eagle Outfitters, cutting an estimated $3.14M.
- Piermont Capital Management fully exited Southwest Gas in Q4 2016, selling an estimated $4.06M.
- Piermont Capital Management's ten largest holdings make up 10% of its $438M portfolio in Q4 2016.
- Piermont Capital Management opened 47 new positions and closed 47 in Q4 2016.
- Piermont Capital Management's portfolio value rose 3.6% quarter-over-quarter to $438M.
Based on Piermont Capital Management's 13F filing for Q4 2016, filed 13 Feb 2017.