Patient Capital Management, LLC
SEC Form 13F institutional filer · CIK 0001854794
13F-HR · 20 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$1.48B
Top-10 concentration
77.4%
Patient Capital Management, LLC — $1.48B AUM allocation strategy
Patient Capital Management, LLC files SEC Form 13F and reports $1.48B of long US equity value across 20 reported holdings for 2026-03-31.
Its largest sector bet is Consumer Discretionary 23.0%, followed by Financials 20.2% and Health Care 19.3%.
The top 10 holdings account for 77% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Patient Capital Management, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$1.48B
total across 20 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
77% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$FISV +709K sh · +$36.6M+$NCLH +442K sh · −$11M+$COIN +251K sh · +$34.7M
Biggest trims (shares)
−$BIIB −197K sh · −$31.8M−$DAL −128K sh · −$10.5M−$GOOG −47.6K sh · −$28.5M
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Interactive Media & Services17.0%—
- Diversified Banks11.4%—
- Hotels, Resorts & Cruise Lines9.9%—
- Broadline Retail9.2%—
- Semiconductors8.4%—
- Managed Health Care8.0%—
- Passenger Airlines7.0%—
- Health Care Services6.6%—
- Other holdings22.5%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $C | Citigroup Inc | 1.41M | $160M | +122K | 10.9% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 534K | $154M | -47.6K | 10.4% |
| $AMZN | Amazon.com Inc | 654K | $136M | +91.9K | 9.2% |
| $NVDA | NVIDIA Corporation | 711K | $124M | +72.3K | 8.4% |
| $UNH | UnitedHealth Group Incorporated | 437K | $118M | +68.8K | 8.0% |
| $NCLH | Norwegian Cruise Line Holdings Ltd | 5.75M | $108M | +442K | 7.3% |
| $META | Meta Platforms Inc | 171K | $97.9M | +28K | 6.6% |
| $CVS | CVS Health Corporation | 1.36M | $97.5M | +126K | 6.6% |
| $COIN | Coinbase Global Inc | 430K | $75.2M | +251K | 5.1% |
| $ADBE | Adobe Inc | 297K | $72.3M | — | 4.9% |
…and 10 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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