Private Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Private Capital Management LLC reported 213 stock positions worth $500.9 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 14.9% of the portfolio, followed by Dimensional International (DFAI, 8.5%) and JPMorgan Core Plus Bond ETF (JCPB, 7.8%). Compared with Q3 2024, it opened 5 new positions, sold out of 76, added to 51 and reduced 106. The biggest buy was JPMorgan Core Plus Bond ETF (JCPB, shares +60%) and the biggest sale Independent Bank (IBTX, shares −81%).
- Most Recent 13F
- Q4 2024
- Location
- DENVER, CO
- CIK
- 0001778185
- Portfolio Value
- $500.9M (Q4 2024)
- SEC Filing
- 0001398344-25-001968 ↗ filed Feb 5, 2025
Holdings Value
Holdings 213 stocks · $500.9M
| DFUS Dimensional US Eq MKT ETF | 14.90% | 1,171,069 | $74.7M | Reduce -4.8% |
| DFAI Dimensional International Co. | 8.47% | 1,452,180 | $42.4M | Add +2.2% |
| JCPB JPMorgan Core Plus Bond ETF | 7.83% | 851,584 | $39.2M | Add +59.7% |
| SPHQ Invesco S&P 500 Quality ETF | 6.27% | 468,556 | $31.4M | Reduce -6.9% |
| UITB Victoryshares Core Intermedi | 5.77% | 629,043 | $28.9M | Add +99.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.60% | 135,974 | $23.0M | Reduce -3.3% |
| VONE Vanguard Russell 1000 | 4.19% | 78,670 | $21.0M | Reduce -10.4% |
| AAPL Apple Inc. | 3.23% | 64,647 | $16.2M | Reduce -30.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.22% | 67,121 | $16.1M | Reduce -4.8% |
| VOO Vanguard S&P 500 ETF | 2.81% | 26,094 | $14.1M | Reduce -26.0% |
| HELO JPMorgan Hedged Equity ETF | 2.61% | 210,964 | $13.1M | Reduce -2.8% |
| DFAE Dimensional Emerging Core Eq | 2.05% | 405,676 | $10.3M | Add +4.5% |
| SCHX Schwab US Large-Cap ETF | 2.02% | 436,456 | $10.1M | Reduce -6.1% |
| IJR iShares Core S&P Small-Cap E | 1.79% | 77,932 | $9.0M | Reduce -9.2% |
| VCRB Vanguard Core Bond ETF | 1.75% | 115,398 | $8.7M | Add +30.2% |
| IEFA iShares Core MSCI Eafe ETF | 1.61% | 114,458 | $8.0M | Reduce -10.4% |
| MSFT Microsoft Corp. | 1.30% | 15,402 | $6.5M | Reduce -19.5% |
| VEA Vanguard Ftse Developed ETF | 1.19% | 124,908 | $6.0M | Add +0.8% |
| PEP Pepsico Inc. | 1.18% | 38,878 | $5.9M | Reduce -1.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.89% | 8,756 | $4.5M | Add +1.4% |
| V Visa Inc. Class A | 0.80% | 12,614 | $4.0M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.65% | 14,771 | $3.2M | Reduce -41.4% |
| IWB iShares Russell 1000 ETF | 0.64% | 10,004 | $3.2M | Reduce -9.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.61% | 6,750 | $3.1M | Reduce -23.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.60% | 10,349 | $3.0M | Reduce -46.2% |
| ACN Accenture PLC Class A | 0.58% | 8,233 | $2.9M | Add +0.2% |
| SCHB Schwab US Broad Market ETF | 0.56% | 123,169 | $2.8M | Add +1.8% |
| NVDA Nvidia Corp. | 0.56% | 20,733 | $2.8M | Reduce -29.7% |
| AVDE Avantis International Equity | 0.50% | 40,464 | $2.5M | Add +50.5% |
| NOBL Proshares S&P 500 Dividend A | 0.48% | 24,369 | $2.4M | Reduce -32.6% |
| QUAL iShares MSCI USA Quality Fac | 0.48% | 13,427 | $2.4M | Reduce -13.2% |
| PULS Pgim Ultra Short Bond ETF | 0.47% | 47,894 | $2.4M | Add +39.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 3,555 | $2.1M | Add +3.9% |
| UCON First Trust Smith Unconstrai | 0.39% | 78,790 | $1.9M | Reduce -10.1% |
| TSLA Tesla Inc. | 0.39% | 4,780 | $1.9M | Reduce -78.7% |
| IJH iShares Core S&P Midcap ETF | 0.38% | 30,315 | $1.9M | Add +2.0% |
| GOOGL Alphabet Inc. Class A | 0.37% | 9,742 | $1.8M | Reduce -18.0% |
| BND Vanguard Total Bond Market | 0.33% | 23,249 | $1.7M | Reduce -13.7% |
| IWV iShares Russell 3000 ETF | 0.32% | 4,855 | $1.6M | Reduce -50.3% |
| SCHG Schwab US Large-Cap Growth | 0.32% | 58,002 | $1.6M | Reduce -8.1% |
| MA Mastercard Inc. Class A | 0.32% | 3,007 | $1.6M | Reduce -1.0% |
| IVE iShares S&P 500 Value ETF | 0.31% | 8,040 | $1.5M | Reduce -9.7% |
| XOM Exxon Mobil Corp. | 0.30% | 14,073 | $1.5M | Reduce -9.8% |
| ITOT iShares Core S&P Total U.S. | 0.30% | 11,709 | $1.5M | Reduce -4.2% |
| GOOG Alphabet Inc. Class C | 0.30% | 7,873 | $1.5M | Reduce -27.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.30% | 29,642 | $1.5M | Add +141.9% |
| EFA iShares MSCI Eafe ETF | 0.30% | 19,604 | $1.5M | Add +0.6% |
| SCHA Schwab US Small-Cap ETF | 0.26% | 50,564 | $1.3M | Add +11.2% |
| IBTX Independent Bank Group Inc. | 0.26% | 21,301 | $1.3M | Reduce -81.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.25% | 3,099 | $1.3M | Add +2.4% |
| SCHK Schwab 1000 Index ETF | 0.25% | 44,380 | $1.3M | Reduce -1.4% |
| SCHD Schwab US DVD Equity ETF | 0.23% | 42,223 | $1.2M | Add +6.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.22% | 9,805 | $1.1M | Add +10.1% |
| META Meta Platforms Inc. Class A | 0.21% | 1,815 | $1.1M | Reduce -21.5% |
| IVV iShares Core S&P 500 ETF | 0.21% | 1,787 | $1.1M | Add +2.1% |
| JPM JPMorgan Chase & Co. | 0.21% | 4,342 | $1.0M | Reduce -19.6% |
| SCHM Schwab US Mid Cap ETF | 0.21% | 37,221 | $1.0M | No change |
| IEMG iShares Core MSCI Emerging | 0.20% | 18,847 | $984K | Reduce -5.1% |
| AVGO Broadcom Inc. | 0.19% | 4,126 | $957K | Add +1.2% |
| SCHV Schwab US Large-Cap Value | 0.19% | 36,309 | $947K | Add +0.2% |
| VWO Vanguard Ftse Emerging Marke | 0.19% | 21,254 | $936K | Add +13.4% |
| IWF iShares Russell 1000 Growth | 0.19% | 2,324 | $933K | Reduce -6.3% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.18% | 27,718 | $921K | Add +6.5% |
| SCHF Schwab Intl Equity ETF | 0.18% | 49,558 | $917K | Add +3.3% |
| LLY Eli Lilly & Co. | 0.18% | 1,142 | $882K | Reduce -26.3% |
| NFLX Netflix Inc. | 0.17% | 975 | $869K | Reduce -30.5% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.17% | 35,994 | $852K | Reduce -13.1% |
| SDY SS SPDR S&P Dividend ETF | 0.16% | 6,188 | $817K | Add +21.1% |
| FRDM Freedom 100 Emeging MRKT ETF | 0.16% | 24,928 | $815K | Add +27.7% |
| VIG Vanguard Dividend Apprec ETF | 0.16% | 4,116 | $806K | Reduce -43.8% |
| AOR iShares Core 60/40 Balanced | 0.16% | 13,728 | $787K | Add +12.6% |
| IWD iShares Russell 1000 Value E | 0.16% | 4,215 | $780K | No change |
| HD Home Depot Inc. | 0.15% | 1,986 | $773K | Reduce -46.5% |
| AGG iShares Core U.S. Aggregate | 0.15% | 7,505 | $727K | Reduce -14.6% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.14% | 7,911 | $719K | No change |
| JMUB JPMorgan Municipal ETF | 0.14% | 14,269 | $716K | Add +188.8% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.13% | 9,068 | $648K | Reduce -3.2% |
| PYLD PIMCO Multisector Bond Actv | 0.12% | 23,358 | $605K | Add +228.4% |
| SUSL iShares ESG MSCI USA Leaders | 0.12% | 5,846 | $602K | Reduce -16.3% |
| JNJ Johnson & Johnson | 0.12% | 4,088 | $591K | Reduce -16.5% |
| RSP Invesco S&P 500 Equal Weight | 0.11% | 3,230 | $566K | Add +52.4% |
| IMTM iShares MSCI Intl Momentum F | 0.11% | 15,105 | $565K | Add +100.2% |
| COST Costco Wholesale Corp. | 0.11% | 615 | $563K | Reduce -43.0% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.11% | 4,471 | $559K | Reduce -3.3% |
| AVEM Avantis Emerging Markets Eq | 0.11% | 9,434 | $555K | Add +27.4% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.11% | 18,662 | $542K | Reduce -3.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 2,460 | $541K | Reduce -9.5% |
| MS Morgan Stanley | 0.10% | 4,113 | $517K | Reduce -16.8% |
| LMT Lockheed Martin Corp. | 0.10% | 1,020 | $496K | Reduce -1.9% |
| XLE SS Energy Select Sector | 0.10% | 5,765 | $494K | Add +48.0% |
| PG The Procter & Gamble Co. | 0.09% | 2,715 | $455K | Reduce -34.6% |
| ORCL Oracle Corp. | 0.09% | 2,589 | $431K | Reduce -25.1% |
| MRK Merck & Co. Inc. | 0.08% | 4,273 | $425K | Reduce -16.0% |
| IVOG Vanguard S&P Mid-Cap 400 Gro | 0.08% | 3,698 | $417K | No change |
| CVX Chevron Corp. | 0.08% | 2,838 | $411K | Reduce -53.1% |
| UNH Unitedhealth Group Inc. | 0.08% | 780 | $395K | Add +0.5% |
| SCHW Schwab (charles) Corp. | 0.08% | 5,199 | $385K | Reduce -47.5% |
| MINO PIMCO Municipal Income Oppor | 0.07% | 8,213 | $370K | Add +2.1% |
| WMT Walmart Inc. | 0.07% | 3,647 | $330K | Reduce -2.5% |
| CAT Caterpillar Inc. | 0.07% | 898 | $326K | Reduce -4.8% |
Portfolio Sells Q3 2024 → Q4 2024
| IBTX Independent Bank Group Inc. | Reduce -81.4% | 0.26% | −0.94 |
| JPST JPMorgan Ultra-Short Income | Reduce -97.9% | 0.02% | −0.87 |
| MINT PIMCO Enhanced Short Maturit | Reduce -94.0% | 0.06% | −0.86 |
| TSLA Tesla Inc. | Reduce -78.7% | 0.39% | −0.68 |
| AAPL Apple Inc. | Reduce -30.0% | 3.23% | −0.66 |
| VOO Vanguard S&P 500 ETF | Reduce -26.0% | 2.81% | −0.56 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -46.2% | 0.60% | −0.39 |
| IWV iShares Russell 3000 ETF | Reduce -50.3% | 0.32% | −0.25 |
| NOBL Proshares S&P 500 Dividend A | Reduce -32.6% | 0.48% | −0.21 |
| AMZN Amazon.com Inc. | Reduce -41.4% | 0.65% | −0.20 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -10.4% | 1.61% | −0.20 |
| MSFT Microsoft Corp. | Reduce -19.5% | 1.30% | −0.19 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.19 |
| NWPX NWPX Infrastructure Inc. | Sold out | 0.00% | −0.18 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.17 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.16 |
| MUB iShares National Muni Bond E | Reduce -76.7% | 0.05% | −0.14 |
| PB Prosperity Bancshares Inc. | Sold out | 0.00% | −0.13 |
| NXP Nuveen Select Tax-Free Inc. | Sold out | 0.00% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -23.5% | 0.61% | −0.12 |
| CSL Carlisle Cos Inc. | Sold out | 0.00% | −0.12 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.12 |
| HD Home Depot Inc. | Reduce -46.5% | 0.15% | −0.12 |
| VT Vanguard Tot World STK ETF | Reduce -95.5% | 0.01% | −0.11 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.11 |
| XNTK SS SPDR Nyse Tech ETF | Sold out | 0.00% | −0.11 |
| AXP American Express Co. | Sold out | 0.00% | −0.11 |
| IGM iShares Expanded Tech Sector | Sold out | 0.00% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -43.8% | 0.16% | −0.10 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.10 |
| NVDA Nvidia Corp. | Reduce -29.7% | 0.56% | −0.09 |
| LUV Southwest Airlines Co. | Sold out | 0.00% | −0.09 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.08 |
| CVX Chevron Corp. | Reduce -53.1% | 0.08% | −0.08 |
| LLY Eli Lilly & Co. | Reduce -26.3% | 0.18% | −0.07 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.07 |
| GE General Electric | Sold out | 0.00% | −0.07 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.07 |
| SOXX iShares Semiconductor ETF | Sold out | 0.00% | −0.07 |
| TRN Trinity Industries Inc. | Sold out | 0.00% | −0.06 |
| SFNC Simmons First Natl Corp. Class A | Sold out | 0.00% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -43.0% | 0.11% | −0.06 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.06 |
| ACA Arcosa Inc. | Sold out | 0.00% | −0.06 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −0.06 |
| COP Conocophillips | Sold out | 0.00% | −0.06 |
| CM Can Imperial BK of Commerce | Sold out | 0.00% | −0.06 |
| RIG Transocean Ltd. | Sold out | 0.00% | −0.05 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.05 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q3 2024 → Q4 2024
| JCPB JPMorgan Core Plus Bond ETF | Add +59.7% | 7.83% | +3.18 |
| UITB Victoryshares Core Intermedi | Add +99.4% | 5.77% | +3.04 |
| VCRB Vanguard Core Bond ETF | Add +30.2% | 1.75% | +0.48 |
| DFAI Dimensional International Co. | Add +2.2% | 8.47% | +0.30 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +141.9% | 0.30% | +0.18 |
| AVDE Avantis International Equity | Add +50.5% | 0.50% | +0.17 |
| PULS Pgim Ultra Short Bond ETF | Add +39.7% | 0.47% | +0.17 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.4% | 0.89% | +0.13 |
| DFAE Dimensional Emerging Core Eq | Add +4.5% | 2.05% | +0.13 |
| JMUB JPMorgan Municipal ETF | Add +188.8% | 0.14% | +0.10 |
| PYLD PIMCO Multisector Bond Actv | Add +228.4% | 0.12% | +0.09 |
| SCHB Schwab US Broad Market ETF | Add +1.8% | 0.56% | +0.07 |
| AVGO Broadcom Inc. | Add +1.2% | 0.19% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.9% | 0.42% | +0.06 |
| IMTM iShares MSCI Intl Momentum F | Add +100.2% | 0.11% | +0.06 |
| ACN Accenture PLC Class A | Add +0.2% | 0.58% | +0.05 |
| SCHA Schwab US Small-Cap ETF | Add +11.2% | 0.26% | +0.05 |
| RSP Invesco S&P 500 Equal Weight | Add +52.4% | 0.11% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.4% | 0.25% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +2.0% | 0.38% | +0.04 |
| SHV iShares 0-1 Year Treasury Bo | Add +10.1% | 0.22% | +0.04 |
| XLE SS Energy Select Sector | Add +48.0% | 0.10% | +0.04 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +27.7% | 0.16% | +0.04 |
| SDY SS SPDR S&P Dividend ETF | Add +21.1% | 0.16% | +0.03 |
| SCHD Schwab US DVD Equity ETF | Add +6.7% | 0.23% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +2.1% | 0.21% | +0.03 |
| AOR iShares Core 60/40 Balanced | Add +12.6% | 0.16% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +13.4% | 0.19% | +0.02 |
| IJT iShares S&P Small-Cap 600 GR | Add +725.8% | 0.03% | +0.02 |
| AVEM Avantis Emerging Markets Eq | Add +27.4% | 0.11% | +0.02 |
| VSS Vanguard Ftse All Wo X-US SC | New | 0.02% | +0.02 |
| VNQ Vanguard Real Estate ETF | Add +324.5% | 0.02% | +0.02 |
| XLF SS Financial Select Sector | Add +81.8% | 0.03% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +162.0% | 0.03% | +0.02 |
| VGT Vanguard Info Tech ETF | Add +41.2% | 0.04% | +0.01 |
| SCHV Schwab US Large-Cap Value | Add +0.2% | 0.19% | +0.01 |
| INDY iShares India 50 ETF | New | 0.01% | +0.01 |
| BSV Vanguard Short-Term Bond ETF | Add +26.8% | 0.04% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +0.8% | 1.19% | +0.01 |
| IXC iShares Global Energy ETF | New | 0.01% | +0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.01% | +0.01 |
| DV Doubleverify Holdings Inc. | Add +1.3% | 0.04% | +0.01 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +6.5% | 0.18% | +0.01 |
| XLK SS Technology Select Sector | Add +0.1% | 0.06% | +0.01 |
| JMST JPM Ultra-Short Muni Income | Add +26.9% | 0.02% | +0.01 |
| MINO PIMCO Municipal Income Oppor | Add +2.1% | 0.07% | +0.01 |
| DFAT Dimensional US Target Value | Add +13.0% | 0.03% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +3.3% | 0.18% | +0.00 |
| CSB Victoryshares US Small Cap H | New | 0.00% | +0.00 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +49.3% | 0.01% | +0.00 |
Options Activity Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 2,000 | $976Kbefore exit |
| AAPL Apple Inc. | put | Sold out | 3,400 | $792Kbefore exit |
| V Visa Inc. Class A | put | Sold out | 1,000 | $275Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Sold out | 10 | $13Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.