Private Capital Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Private Capital Management, LLC reported 126 stock positions worth $885.4 million. Its top holding was Quinstreet (QNST) at 8.8% of the portfolio, followed by Target Hospitality (TH, 6.8%) and KKR (KKR, 5.6%). Compared with Q4 2023, it opened 7 new positions, sold out of 10, added to 41 and reduced 53. The biggest buy was Powerfleet (AIOT, shares +4%) and the biggest sale Ecn Capital (ECNCF, shares −0%).

Most Recent 13F
Q2 2026
Location
NAPLES, FL
CIK
0001588456
Portfolio Value
$885.4M (Q1 2024)
SEC Filing
0001214659-24-009334 ↗ filed May 15, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $885.4M $885.4M Q1 2024 Q2 2024: $843.2M Q2 2024 Q3 2024: $912.9M Q3 2024 Q4 2024: $937.3M Q4 2024 Q1 2025: $894.0M Q1 2025 Q2 2025: $985.6M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $979.0M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 126 stocks · $885.4M
QNST Quinstreet Inc. 8.83% 4,426,769 $78.2M Reduce -1.7%
TH Target Hospitality Corp. 6.79% 5,532,500 $60.1M Reduce -0.8%
KKR KKR & Co. Inc. 5.56% 489,822 $49.3M Reduce -19.3%
BBSI Barrett Business SVCS Inc. 4.79% 335,013 $42.5M Reduce -3.2%
HROW Harrow Inc. 4.50% 3,012,393 $39.9M Add +7.8%
SNEX Stonex Group Inc. 4.35% 547,969 $38.5M Reduce -1.4%
JEF Jefferies Financial Group Inc. 4.05% 812,425 $35.8M Reduce -14.0%
LNTH Lantheus Holdings Inc. 3.93% 559,441 $34.8M Add +0.5%
PERI Perion Network Ltd. 3.85% 1,515,512 $34.1M Add +2.0%
AIOT Powerfleet Inc. 3.63% 6,023,041 $32.2M Add +4.2%
ASUR Asure Software Inc. 3.43% 3,906,524 $30.4M Reduce -0.5%
ECNCF Ecn Capital Corp. 3.34% 18,813,906 $29.5M Reduce -0.2%
EVRI Everi Holdings Inc. 3.17% 2,791,180 $28.1M Add +19.8%
JPM JPMorgan Chase & Co. 2.70% 119,532 $23.9M Reduce -0.0%
MPAA Motorcar Parts of America Inc. 2.58% 2,842,726 $22.9M Add +6.6%
LAKE Lakeland Industries Inc. 2.50% 1,207,338 $22.1M Reduce -1.8%
BGC BGC Group Inc. Class A 2.43% 2,773,490 $21.6M Reduce -0.3%
IMAX Imax Corp. 2.38% 1,304,364 $21.1M Add +10.0%
TROX Tronox Holdings PLC 2.30% 1,172,629 $20.3M Reduce -3.3%
III Information Services Group 2.28% 4,993,529 $20.2M Reduce -0.3%
VC Visteon Corp. 1.69% 126,951 $14.9M Reduce -1.0%
SNV Synovus Financial Corp. 1.65% 365,557 $14.6M Add +6.2%
ASLE Aersale Corp. 1.50% 1,849,539 $13.3M Add +27.4%
FNWB First Northwest Bancorp 1.39% 786,661 $12.3M Reduce -1.2%
SMBK Smartfinancial Inc. 1.38% 578,245 $12.2M Reduce -0.8%
CSTR Capstar Financial Holdings I 1.15% 508,111 $10.2M Reduce -15.9%
BUSE First Busey Corp. 1.07% 394,792 $9.5M Reduce -3.4%
RJF Raymond James Financial Inc. 0.96% 65,944 $8.5M Reduce -0.7%
GOOGL Alphabet Inc. Class A 0.60% 34,972 $5.3M Add +2.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.56% 9,487 $5.0M Add +0.2%
NOBL Proshares S&P 500 Dividend A 0.55% 48,150 $4.9M Add +3.6%
VIG Vanguard Dividend Apprec ETF 0.46% 22,345 $4.1M Reduce -3.4%
DON Wisdomtree US Midcap Dividen 0.45% 81,580 $4.0M Add +4.4%
GOOG Alphabet Inc. Class C 0.44% 25,423 $3.9M No change
AAPL Apple Inc. 0.38% 19,410 $3.3M Add +18.0%
MSFT Microsoft Corp. 0.34% 7,197 $3.0M Reduce -3.4%
CVX Chevron Corp. 0.33% 18,319 $2.9M Add +1.8%
SHBI Shore Bancshares Inc. 0.32% 248,018 $2.9M Reduce -0.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.32% 43,130 $2.8M Add +76.0%
IJH iShares Core S&P Midcap ETF 0.28% 40,544 $2.5M Add +0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.27% 12,577 $2.4M Reduce -1.7%
PYPL PayPal Holdings Inc. 0.26% 33,700 $2.3M Add +3.4%
IVV iShares Core S&P 500 ETF 0.23% 3,902 $2.1M Reduce -2.8%
XLE SS Energy Select Sector 0.21% 19,693 $1.9M Add +3.1%
WTPI Wisdomtree Equity Premium Inc. 0.18% 48,492 $1.6M Add +42.5%
MA Mastercard Inc. Class A 0.18% 3,346 $1.6M Reduce -2.5%
SCHF Schwab Intl Equity ETF 0.17% 38,633 $1.5M Reduce -0.5%
PLTR Palantir Technologies Inc. Class A 0.15% 59,271 $1.4M No change
SRI Stoneridge Inc. 0.15% 73,770 $1.4M Reduce -73.9%
AMZN Amazon.com Inc. 0.15% 7,361 $1.3M Reduce -0.8%
AGG iShares Core U.S. Aggregate 0.14% 13,066 $1.3M Add +5.7%
PSX Phillips 66 0.14% 7,676 $1.3M Add +0.1%
NFG National Fuel Gas Co. 0.14% 23,000 $1.2M Add +16.8%
HD Home Depot Inc. 0.13% 3,065 $1.2M Reduce -1.9%
DUK Duke Energy Corp. 0.13% 11,468 $1.1M Add +8.7%
PFE Pfizer Inc. 0.12% 39,351 $1.1M Add +3.2%
DGX Quest Diagnostics Inc. 0.12% 8,200 $1.1M Add +32.3%
META Meta Platforms Inc. Class A 0.12% 2,243 $1.1M Add +0.7%
PEP Pepsico Inc. 0.12% 5,885 $1.0M Add +17.0%
MMM 3M Co. 0.11% 9,513 $1.0M New
CLX Clorox Company 0.11% 6,400 $980K Reduce -49.3%
QCOM Qualcomm Inc. 0.10% 5,305 $898K No change
BTU Peabody Energy Corp. 0.10% 36,900 $895K Add +31.8%
TSCO Tractor Supply Company 0.10% 3,340 $874K Reduce -25.8%
QQQ Invesco QQQ Trust Series 1 0.10% 1,961 $871K Reduce -6.0%
SO The Southern Co. 0.10% 12,122 $870K Reduce -65.9%
IBEX Ibex Ltd. 0.10% 55,465 $856K Add +14.6%
EQWL Invesco S&P 100 Equal Weight 0.10% 8,976 $852K Add +0.3%
TMO Thermo Fisher Scientific Inc. 0.09% 1,396 $811K No change
KDP Keurig Dr Pepper Inc. 0.09% 26,000 $797K Add +26.8%
AEP American Electric Power 0.08% 8,550 $736K No change
CPB The Campbell's Company filed as CAMPBELL SOUP CO 0.08% 16,300 $725K Add +12.4%
TTE Totalenergies SE -Spon ADR 0.08% 10,264 $706K No change
SLV iShares Silver Trust 0.08% 30,000 $683K No change
V Visa Inc. Class A 0.07% 2,369 $661K No change
XLV SS Health Care Select Sector 0.07% 4,469 $660K Reduce -3.2%
RRC Range Resources Corp. 0.07% 18,500 $637K No change
FAS Dirx DLY Finacial B3X ETF-Ui 0.07% 5,500 $617K Reduce -45.0%
VEU Vanguard Ftse All-World Ex-U 0.07% 10,515 $617K Reduce -1.5%
XOM Exxon Mobil Corp. 0.07% 5,251 $610K Add +135.5%
SHEL Shell PLC-ADR 0.07% 9,024 $605K No change
FE Firstenergy Corp. 0.07% 15,000 $579K No change
XLF SS Financial Select Sector 0.06% 13,508 $569K Reduce -1.1%
NTR Nutrien Ltd. 0.06% 10,287 $559K New
NEM Newmont Corp. 0.06% 15,000 $538K New
NEE Nextera Energy Inc. 0.06% 8,342 $533K Reduce -5.0%
ZBRA Zebra Technologies Corp. Class A 0.06% 1,725 $520K No change
VCIT Vanguard Int-Term Corporate 0.06% 6,315 $508K Reduce -0.0%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.06% 6,036 $502K Add +0.0%
WM Waste Management Inc. 0.06% 2,304 $491K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.05% 1,200 $477K No change
VOO Vanguard S&P 500 ETF 0.05% 945 $454K Reduce -11.1%
LMT Lockheed Martin Corp. 0.05% 979 $445K No change
BRK.B Berkshire Hathaway Inc. Class B 0.05% 1,057 $444K No change
IWM iShares Russell 2000 ETF 0.05% 2,077 $437K No change
HON Honeywell International Inc. 0.05% 2,096 $430K No change
VYM Vanguard High DVD Yield ETF 0.05% 3,354 $406K Add +7.2%
WMT Walmart Inc. 0.05% 6,733 $405K No change
NVDA Nvidia Corp. 0.05% 446 $403K Reduce -43.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.05% 10,557 $400K Add +7.2%
ACN Accenture PLC Class A 0.04% 1,132 $392K No change
JNJ Johnson & Johnson 0.04% 2,266 $358K Reduce -10.6%
VTI VG Morningstar TS MKT ETF-US 0.04% 1,294 $336K Reduce -12.9%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.04% 3,656 $326K Add +2.7%
IEMG iShares Core MSCI Emerging 0.04% 6,138 $317K Reduce -7.1%
ABBV Abbvie Inc. 0.03% 1,606 $293K Reduce -10.4%
IXUS iShares Core Intl Stock ETF 0.03% 4,047 $275K Add +0.4%
XLK SS Technology Select Sector 0.03% 1,300 $271K No change
BLK BlackRock Finance Inc. 0.03% 325 $271K Reduce -3.0%
PG The Procter & Gamble Co. 0.03% 1,656 $269K Add +0.7%
ADBE Adobe Inc. 0.03% 503 $254K Reduce -1.0%
IJR iShares Core S&P Small-Cap E 0.03% 2,194 $242K Reduce -2.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.03% 690 $237K Add +1.3%
AMJ JPMorgan Alerian MLP Index 0.03% 8,212 $234K Reduce -1.0%
UNH Unitedhealth Group Inc. 0.03% 467 $231K Reduce -17.8%
COST Costco Wholesale Corp. 0.03% 308 $226K Reduce -16.1%
MRK Merck & Co. Inc. 0.02% 1,662 $219K New
SCHE Schwab Emrg Mrkts Eqty ETF 0.02% 8,669 $219K No change
NTRS Northern Trust Corp. 0.02% 2,426 $216K No change
LKQ LKQ Corp. 0.02% 4,039 $216K New
ED Consolidated Edison Inc. 0.02% 2,360 $214K Reduce -11.1%
MDY State Street SPDR S&P Midcap 0.02% 385 $214K New
IWB iShares Russell 1000 ETF 0.02% 708 $204K New
KR Kroger Co. 0.02% 3,500 $200K Reduce -46.4%
REAL The Realreal Inc. filed as THE REALREAL INC 0.01% 24,000 $94K No change
FLG New York Community Bancorp 0.01% 15,248 $49K No change

Options reported separately and not counted above: MMM puts ($2.7M), PFE puts ($985K), CLX puts ($919K), PERI puts ($899K), BTU calls ($849K), BTU puts ($849K), PYPL puts ($456K), CMP calls ($354K), DIA puts ($80K), RVNC calls ($49K), IWM puts ($42K).

Portfolio Sells Q4 2023 → Q1 2024
ECNCF Ecn Capital Corp. Reduce -0.2% 3.34% −1.56
ASUR Asure Software Inc. Reduce -0.5% 3.43% −0.81
CRAI Cra International Inc. Sold out 0.00% −0.56
SRI Stoneridge Inc. Reduce -73.9% 0.15% −0.48
III Information Services Group Reduce -0.3% 2.28% −0.40
SNEX Stonex Group Inc. Reduce -1.4% 4.35% −0.31
JEF Jefferies Financial Group Inc. Reduce -14.0% 4.05% −0.29
EVER Everquote Inc. Class A Sold out 0.00% −0.28
SMBK Smartfinancial Inc. Reduce -0.8% 1.38% −0.25
SO The Southern Co. Reduce -65.9% 0.10% −0.18
BLACKSTONE REIT INC CL I Sold out 0.00% −0.18
KKR KKR & Co. Inc. Reduce -19.3% 5.56% −0.14
VC Visteon Corp. Reduce -1.0% 1.69% −0.13
CSTR Capstar Financial Holdings I Reduce -15.9% 1.15% −0.13
CLX Clorox Company Reduce -49.3% 0.11% −0.09
LAKE Lakeland Industries Inc. Reduce -1.8% 2.50% −0.09
SHBI Shore Bancshares Inc. Reduce -0.3% 0.32% −0.08
BUSE First Busey Corp. Reduce -3.4% 1.07% −0.08
FIS Fidelity National Info Serv Sold out 0.00% −0.06
MOS The Mosaic Co. Sold out 0.00% −0.06
PPC Pilgrim's Pride Corp. Sold out 0.00% −0.05
FNWB First Northwest Bancorp Reduce -1.2% 1.39% −0.05
ADP Automatic Data Processing Sold out 0.00% −0.04
MKC McCormick & Co.-Non VTG SHRS Sold out 0.00% −0.03
IWV iShares Russell 3000 ETF Sold out 0.00% −0.03
AVGO Broadcom Inc. Sold out 0.00% −0.02
FAS Dirx DLY Finacial B3X ETF-Ui Reduce -45.0% 0.07% −0.02
KR Kroger Co. Reduce -46.4% 0.02% −0.01
TSCO Tractor Supply Company Reduce -25.8% 0.10% −0.01
UNH Unitedhealth Group Inc. Reduce -17.8% 0.03% −0.01
ADBE Adobe Inc. Reduce -1.0% 0.03% −0.01
JNJ Johnson & Johnson Reduce -10.6% 0.04% −0.00
ED Consolidated Edison Inc. Reduce -11.1% 0.02% −0.00
IEMG iShares Core MSCI Emerging Reduce -7.1% 0.04% −0.00
COST Costco Wholesale Corp. Reduce -16.1% 0.03% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -12.9% 0.04% −0.00
VOO Vanguard S&P 500 ETF Reduce -11.1% 0.05% −0.00
VCIT Vanguard Int-Term Corporate Reduce -0.0% 0.06% −0.00
BLK BlackRock Finance Inc. Reduce -3.0% 0.03% −0.00
NEE Nextera Energy Inc. Reduce -5.0% 0.06% −0.00
IJR iShares Core S&P Small-Cap E Reduce -2.2% 0.03% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -6.0% 0.10% +0.00
NVDA Nvidia Corp. Reduce -43.2% 0.05% +0.00
ABBV Abbvie Inc. Reduce -10.4% 0.03% +0.00
VEU Vanguard Ftse All-World Ex-U Reduce -1.5% 0.07% +0.00
AMJ JPMorgan Alerian MLP Index Reduce -1.0% 0.03% +0.00
XLV SS Health Care Select Sector Reduce -3.2% 0.07% +0.00
XLF SS Financial Select Sector Reduce -1.1% 0.06% +0.01
SCHF Schwab Intl Equity ETF Reduce -0.5% 0.17% +0.01
HD Home Depot Inc. Reduce -1.9% 0.13% +0.01

Portfolio Buys Q4 2023 → Q1 2024
AIOT Powerfleet Inc. Add +4.2% 3.63% +1.39
HROW Harrow Inc. Add +7.8% 4.50% +0.95
IMAX Imax Corp. Add +10.0% 2.38% +0.36
EVRI Everi Holdings Inc. Add +19.8% 3.17% +0.19
SNV Synovus Financial Corp. Add +6.2% 1.65% +0.18
XLU St Sr Utl SL SE SPDR ETF-Usd Add +76.0% 0.32% +0.14
MMM 3M Co. New 0.11% +0.11
NTR Nutrien Ltd. New 0.06% +0.06
NEM Newmont Corp. New 0.06% +0.06
WTPI Wisdomtree Equity Premium Inc. Add +42.5% 0.18% +0.06
GOOGL Alphabet Inc. Class A Add +2.6% 0.60% +0.06
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.56% +0.05
NOBL Proshares S&P 500 Dividend A Add +3.6% 0.55% +0.05
DON Wisdomtree US Midcap Dividen Add +4.4% 0.45% +0.04
XOM Exxon Mobil Corp. Add +135.5% 0.07% +0.04
META Meta Platforms Inc. Class A Add +0.7% 0.12% +0.03
XLE SS Energy Select Sector Add +3.1% 0.21% +0.03
PYPL PayPal Holdings Inc. Add +3.4% 0.26% +0.03
NFG National Fuel Gas Co. Add +16.8% 0.14% +0.03
DGX Quest Diagnostics Inc. Add +32.3% 0.12% +0.03
PSX Phillips 66 Add +0.1% 0.14% +0.03
MRK Merck & Co. Inc. New 0.02% +0.02
LKQ LKQ Corp. New 0.02% +0.02
IJH iShares Core S&P Midcap ETF Add +0.5% 0.28% +0.02
MDY State Street SPDR S&P Midcap New 0.02% +0.02
BTU Peabody Energy Corp. Add +31.8% 0.10% +0.02
IWB iShares Russell 1000 ETF New 0.02% +0.02
CVX Chevron Corp. Add +1.8% 0.33% +0.02
PEP Pepsico Inc. Add +17.0% 0.12% +0.02
AAPL Apple Inc. Add +18.0% 0.38% +0.02
LNTH Lantheus Holdings Inc. Add +0.5% 3.93% +0.01
KDP Keurig Dr Pepper Inc. Add +26.8% 0.09% +0.01
CPB The Campbell's Company Add +12.4% 0.08% +0.01
DUK Duke Energy Corp. Add +8.7% 0.13% +0.01
BAC Bank of America Corp. Add +7.2% 0.05% +0.01
EQWL Invesco S&P 100 Equal Weight Add +0.3% 0.10% +0.01
VYM Vanguard High DVD Yield ETF Add +7.2% 0.05% +0.01
AGG iShares Core U.S. Aggregate Add +5.7% 0.14% +0.01
PG The Procter & Gamble Co. Add +0.7% 0.03% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +1.3% 0.03% +0.00
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Add +2.7% 0.04% +0.00
CF CF Industries Holdings Inc. Add +0.0% 0.06% +0.00
IXUS iShares Core Intl Stock ETF Add +0.4% 0.03% +0.00
PFE Pfizer Inc. Add +3.2% 0.12% −0.00
IBEX Ibex Ltd. Add +14.6% 0.10% −0.01
MPAA Motorcar Parts of America Inc. Add +6.6% 2.58% −0.24
ASLE Aersale Corp. Add +27.4% 1.50% −0.59
PERI Perion Network Ltd. Add +2.0% 3.85% −1.36

Options Activity Q4 2023 → Q1 2024
MMM 3M Co. put New 30,000 $2.7M
INTC Intel Corp. put Sold out 50,000 $2.5Mbefore exit
SO The Southern Co. put Sold out 28,000 $2.0Mbefore exit
XLRE SS Real Estate Select Sector put Sold out 45,000 $1.8Mbefore exit
XLRE SS Real Estate Select Sector call Sold out 45,000 $1.8Mbefore exit
SLV iShares Silver Trust call Sold out 68,000 $1.5Mbefore exit
SLV iShares Silver Trust put Sold out 68,000 $1.5Mbefore exit
TH Target Hospitality Corp. call Sold out 150,000 $1.5Mbefore exit
TNA Dir Dai SML Ca Bul 3X Et-Usd put Sold out 30,000 $1.2Mbefore exit
PERI Perion Network Ltd. put Add +42.9% 40,000 $899K
BTU Peabody Energy Corp. call New 35,000 $849K
BTU Peabody Energy Corp. put New 35,000 $849K
PYPL PayPal Holdings Inc. put Reduce -70.8% 6,800 $456K
CMP Compass Minerals Internation call New 22,500 $354K
RVNC Revance Therapeutics Inc. call New 10,000 $49K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 175$1.1BQNST, HROW, TH, LGND, PERI
Q1 2026 173$979.0MHROW, QNST, PERI, TH, KKR
Q4 2025 164$1.1BHROW, QNST, KKR, AIOT, LGND
Q3 2025 147$1.1BHROW, QNST, BBSI, KKR, LGND
Q2 2025 137$985.6MQNST, HROW, BBSI, LNTH, BGC
Q1 2025 130$894.0MQNST, LNTH, HROW, BBSI, AIOT
Q4 2024 125$937.3MQNST, HROW, BBSI, TH, AIOT
Q3 2024 122$912.9MHROW, QNST, LNTH, KKR, BBSI
Q2 2024 128$843.2MQNST, HROW, TH, KKR, LNTH
Q1 2024 126$885.4MQNST, TH, KKR, BBSI, HROW