Samantha McLemore Patient Capital Management
Samantha McLemore is the founder of Patient Capital Management and previously worked closely with Bill Miller on value-oriented strategies. Her firm emphasizes long-term, research-driven equity investing with a willingness to hold unconventional or out-of-favor ideas. McLemore’s portfolio is followed by investors who track the next generation of independent value managers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$73.4M |
| 2 |
TEM
Tempus AI
TEM
|
+$22.3M |
| 3 |
Norwegian Cruise Line
NCLH
|
+$20M |
| 4 |
Noble Corp
NE
|
+$17.2M |
| 5 |
Angi Inc
ANGI
|
+$11.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
General Motors
GM
|
+$27.6M |
| 2 |
New Fortress Energy
NFE
|
+$20.6M |
| 3 |
GOOS
Canada Goose Holdings
GOOS
|
+$19.1M |
| 4 |
Biogen
BIIB
|
+$16.8M |
| 5 |
Mattel
MAT
|
+$15.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 22.58% |
| 2 | Healthcare | 17.91% |
| 3 | Financials | 16.98% |
| 4 | Communication Services | 16.07% |
| 5 | Industrials | 10.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
QXO
1
QXO Inc
QXO
$14.3B
| $141M | 6.36% |
6,542,202
-742,625
| -10% | -$12.2M |
|
2
Amazon
AMZN
$2.79T
| $124M | 5.58% |
563,482
-10,534
| -2% | -$2.08M |
|
3
Citigroup
C
$221B
| $115M | 5.17% |
1,345,717
-59,348
| -4% | -$4.29M |
|
4
Alphabet (Google) Class A
GOOGL
$4.22T
| $108M | 4.88% |
613,053
+7,361
| +1% | +$1.2M |
|
5
Royalty Pharma
RPRX
$27.3B
| $108M | 4.86% |
2,987,988
+15,342
| +0.5% | +$508K |
|
6
Meta Platforms (Facebook)
META
$1.4T
| $107M | 4.81% |
144,295
-1,371
| -0.9% | -$847K |
|
7
NVIDIA
NVDA
$5.2T
| $100M | 4.52% |
634,173
+7,221
| +1% | +$909K |
|
|
8
Norwegian Cruise Line
NCLH
$7.92B
| $95.5M | 4.31% |
4,708,579
+1,118,486
| +31% | +$20M |
|
9
CVS Health
CVS
$119B
| $85.7M | 3.87% |
1,241,924
-83,714
| -6% | -$5.49M |
|
10
Energy Transfer Partners
ET
$73B
| $73.9M | 3.34% |
4,076,356
-807,407
| -17% | -$14.1M |
|
11
Coinbase
COIN
$49.2B
| $71.3M | 3.22% |
203,500
-172
| -0.1% | -$40.2K |
|
12
UBS Group
UBS
$163B
| $65.5M | 2.96% |
1,937,639
-105,414
| -5% | -$3.26M |
|
|
PPLI
13
People Inc
PPLI
$2.86B
| $64.9M | 2.93% |
1,739,006
-314,598
| -15% | -$11.4M |
|
14
Dave & Buster's
PLAY
$357M
| $64.2M | 2.9% |
2,133,287
-68,220
| -3% | -$1.54M |
|
|
15
UnitedHealth
UNH
$350B
| $59.9M | 2.7% |
+191,932
| New | +$73.4M |
|
16
OneMain Financial
OMF
$7.27B
| $58.9M | 2.66% |
1,032,501
-39,992
| -4% | -$1.99M |
|
17
Seadrill
SDRL
$2.96B
| $58.5M | 2.64% |
2,229,549
+256,836
| +13% | +$6.06M |
|
18
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.3B
| $58.3M | 2.63% |
620,226
| – | – |
|
19
SoFi Technologies
SOFI
$24.4B
| $57.5M | 2.6% |
3,157,431
-377,434
| -11% | -$4.98M |
|
20
Alibaba
BABA
$286B
| $56.6M | 2.55% |
499,110
-34,979
| -7% | -$4.14M |
|
21
Illumina
ILMN
$33.1B
| $55.5M | 2.51% |
582,190
+123,521
| +27% | +$10M |
|
22
United Airlines
UAL
$36.7B
| $53.2M | 2.4% |
668,651
-1,973
| -0.3% | -$145K |
|
23
Crocs
CROX
$5.85B
| $51M | 2.3% |
503,378
-8,021
| -2% | -$818K |
|
|
24
General Motors
GM
$77.2B
| $46.5M | 2.1% |
944,753
-582,010
| -38% | -$27.6M |
|
25
Delta Air Lines
DAL
$54.2B
| $44.2M | 2% |
899,700
+131,432
| +17% | +$6.03M |
|
Similar funds
Samantha McLemore's Q2 2025 Portfolio in Review
As of Q2 2025, Samantha McLemore held 43 positions worth $2.22B, up 14% from $1.94B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Samantha McLemore's Q2 2025 filing shows 4 new, 10 increased, 22 reduced and 3 closed positions. Its largest new stake was UnitedHealth: 191,932 shares worth $59.9M. The largest sale was General Motors, an estimated $27.6M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 23% of assets, down from 28% a quarter earlier, followed by Healthcare and Financials.
- Samantha McLemore's largest Q2 2025 buy was UnitedHealth: 191,932 shares worth $59.9M.
- Samantha McLemore added most to Norwegian Cruise Line in Q2 2025, an estimated $20M increase.
- Samantha McLemore's biggest Q2 2025 reduction was General Motors, cutting an estimated $27.6M.
- Samantha McLemore fully exited New Fortress Energy in Q2 2025, selling an estimated $20.6M.
- Samantha McLemore's ten largest holdings make up 48% of its $2.22B portfolio in Q2 2025.
- Samantha McLemore opened 4 new positions and closed 3 in Q2 2025.
- Samantha McLemore's portfolio value rose 14% quarter-over-quarter to $2.22B.
Based on Patient Capital Management's 13F filing for Q2 2025, filed 13 Aug 2025.