Permit Capital, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed February 14, 2025), Permit Capital, LLC reported 31 stock positions worth $325.1 million. Its top holding was SBA Communications (SBAC) at 44.5% of the portfolio, followed by Pitney Bowes (PBI, 6.3%) and Expedia (EXPE, 4.3%). Compared with Q2 2024, it opened 1 new position, added to 1 and reduced 4. The biggest buy was a new position in Open Text (OTEX) and the biggest sale Alphabet Class C (GOOG, shares −7%).

Most Recent 13F
Q2 2026
Location
WEST CONSHOHOCKEN, PA
CIK
0001313978
Portfolio Value
$325.1M (Q3 2024)
SEC Filing
0000950123-25-002532 ↗ filed Feb 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $156.8M Q1 2024 Q2 2024: $266.0M Q2 2024 Q3 2024: $325.1M $325.1M Q3 2024 Q4 2024: $290.4M Q4 2024 Q1 2025: $282.1M Q1 2025 Q2 2025: $308.8M Q2 2025 Q3 2025: $319.1M Q3 2025 Q4 2025: $321.4M Q4 2025 Q1 2026: $294.4M Q1 2026 Q2 2026: $357.4M Q2 2026

Holdings 31 stocks · $325.1M
SBAC SBA Communications Corp. 44.50% 601,035 $144.7M Reduce -0.5%
PBI Pitney Bowes Inc. 6.29% 2,869,707 $20.5M No change
EXPE Expedia Group Inc. 4.30% 94,425 $14.0M No change
FTDR Frontdoor Inc. 3.36% 227,600 $10.9M No change
PYPL PayPal Holdings Inc. 3.12% 130,000 $10.1M No change
MTG Mgic Investment Corp. 3.08% 391,350 $10.0M No change
IDCC Interdigital Inc. 3.08% 70,589 $10.0M No change
META Meta Platforms Inc. Class A 2.99% 17,000 $9.7M No change
OTEX Open Text Corp. 2.87% 280,000 $9.3M New
MTCH Match Group Inc. 2.85% 245,000 $9.3M No change
GOOG Alphabet Inc. Class C 2.82% 54,911 $9.2M Reduce -6.7%
GEN Gen Digital Inc. 2.74% 325,000 $8.9M No change
SIG Signet Jewelers Ltd. 2.57% 81,000 $8.4M No change
CVS CVS Health Corp. 2.43% 125,500 $7.9M No change
HPQ HP Inc. 2.42% 219,000 $7.9M No change
WDC Western Digital Corp. 2.37% 113,050 $7.7M No change
RRC Range Resources Corp. 2.17% 228,850 $7.0M No change
PARAA Paramount Global Class B 1.82% 558,000 $5.9M No change
QVCG QVC Group Inc. filed as QURATE RETAIL INC 1.43% 7,600,000 $4.6M No change
ECHO Echostar Corp. Class A 0.80% 105,263 $2.6M No change
BRK.A Berkshire Hathaway Inc. Class A 0.43% 2 $1.4M No change
MA Mastercard Inc. Class A 0.35% 2,320 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.24% 1,675 $771K Reduce -8.2%
PM Philip Morris International 0.23% 6,276 $762K No change
V Visa Inc. Class A 0.23% 2,685 $738K No change
NFLX Netflix Inc. 0.21% 946 $671K Reduce -5.0%
JPM JPMorgan Chase & Co. 0.13% 1,955 $412K No change
UBER Uber Technologies Inc. 0.09% 3,724 $280K Add +11.0%
DASH DoorDash Inc. Class A 0.04% 980 $140K No change
BF.A Brown-Forman Corp. Class A 0.04% 2,880 $138K No change
BF.B Brown-Forman Corp. Class B 0.00% 235 $12K No change

Portfolio Sells Q2 2024 → Q3 2024
GOOG Alphabet Inc. Class C Reduce -6.7% 2.82% −1.24
NFLX Netflix Inc. Reduce -5.0% 0.21% −0.05
BRK.B Berkshire Hathaway Inc. Class B Reduce -8.2% 0.24% −0.04
SBAC SBA Communications Corp. Reduce -0.5% 44.50% +0.98

Portfolio Buys Q2 2024 → Q3 2024
OTEX Open Text Corp. New 2.87% +2.87
UBER Uber Technologies Inc. Add +11.0% 0.09% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 20$357.4MSBAC, PBI, EXPE, FTDR, WDC
Q1 2026 19$294.4MSBAC, PBI, EXPE, ECHO, WDC
Q4 2025 19$321.4MSBAC, PBI, EXPE, WDC, GOOG
Q3 2025 20$319.1MSBAC, PBI, EXPE, IDCC, WDC
Q2 2025 20$308.8MSBAC, PBI, EXPE, IDCC, META
Q1 2025 20$282.1MSBAC, PBI, IDCC, EXPE, META
Q4 2024 31$290.4MSBAC, PBI, IDCC, EXPE, FTDR
Q3 2024Amended 31$325.1MSBAC, PBI, EXPE, FTDR, PYPL
Q2 2024 30$266.0MSBAC, PBI, EXPE, GOOG, META
Q1 2024 26$156.8MPBI, META, EXPE, MTG, SIG