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
+1.66%
1 Year Est. Return
-8.09%
3 Year Est. Return
+33.18%
5 Year Est. Return
+53.13%
10 Year Est. Return
–
AUM
$249M
AUM Growth
-$77.3M
Cap. Flow
-$79.6M
Cap. Flow %
-31.93%
Top 10 Hldgs %
13.41%
Holding
260
New
26
Increased
12
Reduced
73
Closed
149

Top Buys

Rank Stock Value
1
ENR icon
Energizer
ENR
+$3.1M
2
RYN icon
Rayonier
RYN
+$3.03M
3
TECD
Tech Data Corp
TECD
+$2.98M
4
BDN
Brandywine Realty Trust
BDN
+$2.96M
5
REXR icon
Rexford Industrial Realty
REXR
+$2.96M

Top Sells

Rank Stock Value
1
HAE icon
Haemonetics
HAE
+$4.05M
2
ROCK icon
Gibraltar Industries
ROCK
+$3.64M
3
PSB
PS Business Parks, Inc.
PSB
+$3.35M
4
AMKR icon
Amkor Technology
AMKR
+$3.22M
5
FR icon
First Industrial Realty Trust
FR
+$3.03M

Sector Composition

Rank Sector Weight
1 Financials 24.82%
2 Industrials 17.79%
3 Real Estate 15.53%
4 Technology 9.3%
5 Consumer Discretionary 7.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SFLY
251
DELISTED
Shutterfly, Inc.
SFLY
– –
-3,370
Closed -$303K
ARRY
252
DELISTED
Array Biopharma Inc
ARRY
– –
-18,660
Closed -$313K
NTRI
253
DELISTED
NutriSystem, Inc.
NTRI
– –
-5,800
Closed -$223K
ITG
254
DELISTED
Investment Technology Group Inc
ITG
– –
-18,150
Closed -$380K
IMPV
255
DELISTED
Imperva, Inc.
IMPV
– –
-7,510
Closed -$362K
CVG
256
DELISTED
Convergys
CVG
– –
-19,220
Closed -$470K
NAVG
257
DELISTED
Navigators Group Inc
NAVG
– –
-26,320
Closed -$1.5M
LPNT
258
DELISTED
LifePoint Health, Inc.
LPNT
– –
-33,503
Closed -$1.64M
STMP
259
DELISTED
Stamps.com, Inc.
STMP
– –
-1,330
Closed -$337K
MNR
260
DELISTED
Monmouth Real Estate Investment Corp
MNR
– –
-129,134
Closed -$2.13M
7 8 9 10
11

Similar funds

WAM
Watermark Asset Management San Ramon, California $216M AUM 7.54% 1-Year Est. Return
GIM
Greystone Investment Management Cincinnati, Ohio $195M AUM 6.99% 1-Year Est. Return
PPC
Precision Path Capital New York $233M AUM
MA
Marshwinds Advisory St Simons Island, Georgia $187M AUM 1.79% 1-Year Est. Return
PC
Palo Capital Newport Beach, California $236M AUM 5.33% 1-Year Est. Return
HCG
HNA Capital Group Haikou, China $243M AUM 36.37% 1-Year Est. Return
WA
WealthTrust-Arizona Scottsdale, Arizona $172M AUM 6.58% 1-Year Est. Return
VAM
Visionary Asset Management Houston, Texas $252M AUM 3.81% 1-Year Est. Return

Piermont Capital Management's Q3 2018 Portfolio in Review

As of Q3 2018, Piermont Capital Management held 260 positions worth $249M, down 24% from $327M the previous quarter. Its ten largest holdings account for 13% of the portfolio.

Piermont Capital Management withdrew a net $79.6M in Q3 2018, closing 149 positions and reducing 73 holdings. Its most notable exit was Haemonetics, an estimated $4.05M position sold in full.

By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 20% a quarter earlier, followed by Industrials and Real Estate.

Against the trend, Piermont Capital Management opened a new position in Energizer worth $2.89M.

  • Piermont Capital Management's largest Q3 2018 buy was Energizer: 49,270 shares worth $2.89M.
  • Piermont Capital Management added most to Silgan Holdings in Q3 2018, an estimated $2.05M increase.
  • Piermont Capital Management's biggest Q3 2018 reduction was EnerSys, cutting an estimated $1.06M.
  • Piermont Capital Management fully exited Haemonetics in Q3 2018, selling an estimated $4.05M.
  • Piermont Capital Management's ten largest holdings make up 13% of its $249M portfolio in Q3 2018.
  • Piermont Capital Management opened 26 new positions and closed 149 in Q3 2018.
  • Piermont Capital Management's portfolio value fell 24% quarter-over-quarter to $249M.

Based on Piermont Capital Management's 13F filing for Q3 2018, filed 6 Nov 2018.