Patient Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Patient Capital Management, LLC reported 41 stock positions worth $2.0 billion. Its top holding was Qxo (QXO) at 6.0% of the portfolio, followed by Amazon.com (AMZN, 5.7%) and Alphabet Class A (GOOGL, 4.9%). Compared with Q2 2024, it opened 2 new positions, sold out of 1, added to 10 and reduced 26. The biggest buy was a new position in Qxo (QXO) and the biggest sale JPMorgan Chase (JPM, shares −81%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001854794
- Portfolio Value
- $2.0B (Q3 2024)
- SEC Filing
- 0001085146-24-005800 ↗ filed Nov 14, 2024
Holdings Value
Holdings 41 stocks · $2.0B
| QXO Qxo Inc. | 5.99% | 7,741,847 | $122.1M | New |
| AMZN Amazon.com Inc. | 5.72% | 625,328 | $116.5M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 4.85% | 595,736 | $98.8M | Reduce -0.9% |
| C Citigroup Inc. | 4.74% | 1,541,858 | $96.5M | Reduce -7.3% |
| EXPE Expedia Group Inc. | 4.70% | 647,329 | $95.8M | Reduce -9.6% |
| PPLI People Inc. filed as IAC INC | 4.40% | 1,663,534 | $89.5M | Add +4.1% |
| ET Energy Transfer LP | 4.17% | 5,296,830 | $85.0M | Reduce -1.2% |
| META Meta Platforms Inc. Class A | 4.15% | 147,824 | $84.6M | Reduce -7.6% |
| NVDA Nvidia Corp. | 3.63% | 608,728 | $73.9M | Add +0.5% |
| BABA Alibaba Group Holding-SP ADR | 3.43% | 658,726 | $69.9M | Reduce -9.3% |
| GM General Motors Co. | 3.41% | 1,550,074 | $69.5M | Reduce -5.4% |
| OMF Onemain Holdings Inc. | 3.27% | 1,413,215 | $66.5M | Reduce -9.1% |
| DAL Delta Air Lines Inc. | 3.15% | 1,263,574 | $64.2M | Reduce -5.8% |
| UBS UBS Group AG-Reg | 3.07% | 2,022,019 | $62.5M | Reduce -0.3% |
| RPRX Royalty Pharma PLC Class A | 2.84% | 2,041,195 | $57.7M | Add +43.3% |
| NCLH Norwegian Cruise Line Holdin | 2.82% | 2,801,950 | $57.5M | Reduce -1.2% |
| UAL United Airlines Holdings Inc. | 2.82% | 1,005,557 | $57.4M | Add +1.2% |
| CROX Crocs Inc. | 2.71% | 380,969 | $55.2M | Add +0.4% |
| ILMN Illumina Inc. | 2.64% | 411,555 | $53.7M | Reduce -0.8% |
| BIIB Biogen Inc. | 2.44% | 255,942 | $49.6M | Reduce -0.5% |
| CVS CVS Health Corp. | 2.37% | 769,096 | $48.4M | Add +4.0% |
| MAT Mattel Inc. | 2.37% | 2,536,645 | $48.3M | Reduce -1.1% |
| GOOS Canada Goose Holdings Inc. | 2.29% | 3,726,387 | $46.7M | Reduce -4.1% |
| SOFI Sofi Technologies Inc. | 2.24% | 5,795,687 | $45.6M | Add +50.7% |
| PLAY Dave & Buster's Entertainmen | 2.17% | 1,300,598 | $44.3M | New |
| SDRL Seadrill Limited | 2.00% | 1,025,645 | $40.8M | Add +13.0% |
| TNL Travel + Leisure Co. | 2.00% | 884,133 | $40.7M | Reduce -1.8% |
| KOS Kosmos Energy Ltd. | 1.87% | 9,440,022 | $38.0M | Add +3.9% |
| COIN Coinbase Global Inc. Class A | 1.55% | 176,832 | $31.5M | Reduce -1.3% |
| FISV Fiserv Inc. | 1.17% | 132,870 | $23.9M | Reduce -30.7% |
| PTON Peloton Interactive Inc. Class A | 1.16% | 5,055,332 | $23.7M | Reduce -5.0% |
| WAL Western Alliance Bancorp | 1.00% | 235,492 | $20.4M | Reduce -38.8% |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 0.96% | 236,684 | $19.5M | Reduce -2.7% |
| PGEN Precigen Inc. | 0.83% | 17,937,694 | $17.0M | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 0.30% | 29,386 | $6.2M | Reduce -81.2% |
| FBTC Fidelity Wise Origin Bitcoin | 0.26% | 96,851 | $5.4M | Reduce -5.8% |
| EVRI Everi Holdings Inc. | 0.23% | 362,620 | $4.8M | Reduce -75.2% |
| LEN.B Lennar Corp. Class B | 0.11% | 12,500 | $2.2M | No change |
| TEVA Teva Pharmaceutical-SP ADR | 0.09% | 100,000 | $1.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.04% | 1,486 | $852K | Add +101.4% |
| BRLT Brilliant Earth Group Inc. Class A | 0.03% | 241,445 | $517K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| JPM JPMorgan Chase & Co. | Reduce -81.2% | 0.30% | −1.37 |
| GOOGL Alphabet Inc. Class A | Reduce -0.9% | 4.85% | −0.97 |
| C Citigroup Inc. | Reduce -7.3% | 4.74% | −0.87 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 5.72% | −0.76 |
| OMF Onemain Holdings Inc. | Reduce -9.1% | 3.27% | −0.74 |
| BIIB Biogen Inc. | Reduce -0.5% | 2.44% | −0.73 |
| PGEN Precigen Inc. | Reduce -1.3% | 0.83% | −0.69 |
| GM General Motors Co. | Reduce -5.4% | 3.41% | −0.63 |
| COIN Coinbase Global Inc. Class A | Reduce -1.3% | 1.55% | −0.57 |
| ET Energy Transfer LP | Reduce -1.2% | 4.17% | −0.44 |
| EVRI Everi Holdings Inc. | Reduce -75.2% | 0.23% | −0.42 |
| GOOS Canada Goose Holdings Inc. | Reduce -4.1% | 2.29% | −0.38 |
| FISV Fiserv Inc. | Reduce -30.7% | 1.17% | −0.35 |
| WAL Western Alliance Bancorp | Reduce -38.8% | 1.00% | −0.28 |
| DAL Delta Air Lines Inc. | Reduce -5.8% | 3.15% | −0.23 |
| TNL Travel + Leisure Co. | Reduce -1.8% | 2.00% | −0.15 |
| META Meta Platforms Inc. Class A | Reduce -7.6% | 4.15% | −0.13 |
| UBS UBS Group AG-Reg | Reduce -0.3% | 3.07% | −0.11 |
| EXE Expand Energy Corp. | Reduce -2.7% | 0.96% | −0.11 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.10 |
| EXPE Expedia Group Inc. | Reduce -9.6% | 4.70% | −0.09 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -5.8% | 0.26% | −0.02 |
| NCLH Norwegian Cruise Line Holdin | Reduce -1.2% | 2.82% | −0.01 |
| MAT Mattel Inc. | Reduce -1.1% | 2.37% | +0.16 |
| PTON Peloton Interactive Inc. Class A | Reduce -5.0% | 1.16% | +0.21 |
| ILMN Illumina Inc. | Reduce -0.8% | 2.64% | +0.34 |
| BABA Alibaba Group Holding-SP ADR | Reduce -9.3% | 3.43% | +0.65 |
Portfolio Buys Q2 2024 → Q3 2024
| QXO Qxo Inc. | New | 5.99% | +5.99 |
| PLAY Dave & Buster's Entertainmen | New | 2.17% | +2.17 |
| SOFI Sofi Technologies Inc. | Add +50.7% | 2.24% | +0.89 |
| RPRX Royalty Pharma PLC Class A | Add +43.3% | 2.84% | +0.84 |
| PPLI People Inc. | Add +4.1% | 4.40% | +0.42 |
| UAL United Airlines Holdings Inc. | Add +1.2% | 2.82% | +0.25 |
| CVS CVS Health Corp. | Add +4.0% | 2.37% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +101.4% | 0.04% | +0.02 |
| CROX Crocs Inc. | Add +0.4% | 2.71% | −0.23 |
| NVDA Nvidia Corp. | Add +0.5% | 3.63% | −0.35 |
| SDRL Seadrill Limited | Add +13.0% | 2.00% | −0.48 |
| KOS Kosmos Energy Ltd. | Add +3.9% | 1.87% | −0.81 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $3.0B | RPRX, C, GOOGL, UNH, AMZN |
| Q1 2026 | 38 | $2.7B | RPRX, C, GOOGL, AMZN, QXO |
| Q4 2025 | 40 | $2.6B | GOOGL, C, AMZN, RPRX, QXO |
| Q3 2025 | 41 | $2.5B | GOOGL, C, UNH, QXO, AMZN |
| Q2 2025 | 40 | $2.2B | QXO, AMZN, C, GOOGL, RPRX |
| Q1 2025 | 39 | $1.9B | AMZN, C, QXO, GOOGL, RPRX |
| Q4 2024 | 43 | $2.2B | AMZN, QXO, GOOGL, C, ET |
| Q3 2024 | 41 | $2.0B | QXO, AMZN, GOOGL, C, EXPE |
| Q2 2024 | 40 | $1.9B | AMZN, GOOGL, C, EXPE, ET |
| Q1 2024 | 42 | $2.1B | AMZN, C, EXPE, OMF, DAL |