Private Capital Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed March 12, 2025), Private Capital Management LLC reported 238 stock positions worth $503.3 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 15.6% of the portfolio, followed by Dimensional International (DFAI, 9.2%) and Invesco S&P 500 Quality ETF (SPHQ, 7.1%). Compared with Q1 2024, it opened 13 new positions, sold out of 35, added to 62 and reduced 95. The biggest buy was Dimensional US Eq MKT ETF (DFUS, shares +110%) and the biggest sale Vanguard Russell 1000 (VONE, shares −57%).
- Most Recent 13F
- Q4 2024
- Location
- DENVER, CO
- CIK
- 0001778185
- Portfolio Value
- $503.3M (Q2 2024)
- SEC Filing
- 0001398344-25-005438 ↗ filed Mar 12, 2025
Holdings Value
Holdings 238 stocks · $503.3M
| DFUS Dimensional US Eq MKT ETF | 15.63% | 1,336,438 | $78.6M | Add +109.6% |
| DFAI Dimensional International Co. | 9.19% | 1,559,409 | $46.3M | Add +61.9% |
| SPHQ Invesco S&P 500 Quality ETF | 7.11% | 562,882 | $35.8M | Add +1.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.22% | 163,896 | $26.3M | Add +3.5% |
| VONE Vanguard Russell 1000 | 5.07% | 103,671 | $25.5M | Reduce -56.7% |
| VOO Vanguard S&P 500 ETF | 4.97% | 50,044 | $25.0M | Reduce -3.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.51% | 81,068 | $17.7M | Add +6.5% |
| AAPL Apple Inc. | 3.08% | 73,507 | $15.5M | Reduce -2.3% |
| HELO JPMorgan Hedged Equity ETF | 2.62% | 225,144 | $13.2M | New |
| SCHX Schwab US Large-Cap ETF | 2.28% | 178,611 | $11.5M | Reduce -4.5% |
| DFAE Dimensional Emerging Core Eq | 2.13% | 414,322 | $10.7M | Add +12.0% |
| IEFA iShares Core MSCI Eafe ETF | 2.11% | 146,097 | $10.6M | Reduce -45.7% |
| IJR iShares Core S&P Small-Cap E | 2.06% | 97,022 | $10.3M | Reduce -5.0% |
| PEP Pepsico Inc. | 1.64% | 49,951 | $8.2M | Reduce -0.0% |
| JCPB JPMorgan Core Plus Bond ETF | 1.59% | 172,408 | $8.0M | Add +3324.2% |
| MSFT Microsoft Corp. | 1.54% | 17,323 | $7.7M | Add +1.7% |
| VEA Vanguard Ftse Developed ETF | 1.49% | 151,680 | $7.5M | Reduce -1.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.07% | 11,244 | $5.4M | Reduce -0.5% |
| IWB iShares Russell 1000 ETF | 1.01% | 17,144 | $5.1M | Add +3.9% |
| NOBL Proshares S&P 500 Dividend A | 0.89% | 46,381 | $4.5M | Reduce -4.4% |
| MINT PIMCO Enhanced Short Maturit | 0.88% | 44,240 | $4.5M | Add +1.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.88% | 16,596 | $4.4M | Add +1.8% |
| JPST JPMorgan Ultra-Short Income | 0.87% | 86,673 | $4.4M | Add +1.9% |
| ITOT iShares Core S&P Total U.S. | 0.80% | 33,933 | $4.0M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 0.78% | 20,345 | $3.9M | Add +1.9% |
| V Visa Inc. Class A | 0.69% | 13,208 | $3.5M | Reduce -1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.66% | 8,107 | $3.3M | Add +2.3% |
| NVDA Nvidia Corp. | 0.61% | 25,023 | $3.1M | Add +5.3% |
| IWV iShares Russell 3000 ETF | 0.59% | 9,680 | $3.0M | Reduce -0.2% |
| QUAL iShares MSCI USA Quality Fac | 0.59% | 17,254 | $2.9M | Add +1.1% |
| VCRB Vanguard Core Bond ETF | 0.53% | 34,936 | $2.7M | Add +1031.3% |
| SCHB Schwab US Broad Market ETF | 0.51% | 40,590 | $2.6M | Reduce -5.9% |
| BND Vanguard Total Bond Market | 0.49% | 34,214 | $2.5M | Reduce -18.6% |
| ACN Accenture PLC Class A | 0.48% | 8,031 | $2.4M | Add +0.1% |
| AVGO Broadcom Inc. | 0.45% | 1,419 | $2.3M | Add +1.8% |
| UCON First Trust Smith Unconstrai | 0.43% | 88,916 | $2.2M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 3,881 | $2.1M | Add +58.3% |
| IVE iShares S&P 500 Value ETF | 0.42% | 11,569 | $2.1M | Reduce -1.3% |
| AVDE Avantis International Equity | 0.40% | 32,262 | $2.0M | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.38% | 16,439 | $1.9M | Add +11.3% |
| GOOGL Alphabet Inc. Class A | 0.37% | 10,298 | $1.9M | Add +6.6% |
| GOOG Alphabet Inc. Class C | 0.36% | 9,913 | $1.8M | Add +2.3% |
| UITB Victoryshares Core Intermedi | 0.36% | 39,102 | $1.8M | New |
| IJH iShares Core S&P Midcap ETF | 0.35% | 30,077 | $1.8M | Reduce -1.9% |
| IEMG iShares Core MSCI Emerging | 0.35% | 32,511 | $1.7M | Reduce -20.3% |
| SCHG Schwab US Large-Cap Growth | 0.34% | 16,866 | $1.7M | Reduce -5.0% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.33% | 25,342 | $1.7M | Add +365.0% |
| EFA iShares MSCI Eafe ETF | 0.31% | 19,744 | $1.5M | Reduce -0.6% |
| MA Mastercard Inc. Class A | 0.28% | 3,173 | $1.4M | Add +3.7% |
| LLY Eli Lilly & Co. | 0.24% | 1,357 | $1.2M | Reduce -0.1% |
| SCHF Schwab Intl Equity ETF | 0.24% | 31,134 | $1.2M | Reduce -31.2% |
| META Meta Platforms Inc. Class A | 0.24% | 2,352 | $1.2M | Add +4.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 3,128 | $1.2M | Reduce -5.4% |
| TSLA Tesla Inc. | 0.23% | 5,841 | $1.2M | Add +5.5% |
| JPM JPMorgan Chase & Co. | 0.23% | 5,693 | $1.2M | Add +2.9% |
| SCHK Schwab 1000 Index ETF | 0.23% | 21,986 | $1.2M | Add +11.9% |
| SCHA Schwab US Small-Cap ETF | 0.23% | 24,128 | $1.1M | Reduce -3.7% |
| SCHD Schwab US DVD Equity ETF | 0.21% | 13,695 | $1.1M | Reduce -10.6% |
| NFLX Netflix Inc. | 0.20% | 1,499 | $1.0M | Add +0.1% |
| SCHM Schwab US Mid Cap ETF | 0.20% | 12,883 | $1.0M | No change |
| IVV iShares Core S&P 500 ETF | 0.19% | 1,739 | $952K | Reduce -41.0% |
| SCHV Schwab US Large-Cap Value | 0.19% | 12,703 | $941K | Reduce -3.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.18% | 13,644 | $914K | Reduce -4.5% |
| VWO Vanguard Ftse Emerging Marke | 0.18% | 20,515 | $898K | Reduce -15.2% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.18% | 25,153 | $881K | Reduce -7.0% |
| CVX Chevron Corp. | 0.17% | 5,628 | $880K | Add +98.2% |
| VIG Vanguard Dividend Apprec ETF | 0.17% | 4,579 | $836K | Add +2.9% |
| HD Home Depot Inc. | 0.17% | 2,420 | $833K | Reduce -1.9% |
| IWF iShares Russell 1000 Growth | 0.15% | 2,107 | $768K | Reduce -11.9% |
| JNJ Johnson & Johnson | 0.15% | 5,046 | $738K | Reduce -5.5% |
| AOR iShares Core 60/40 Balanced | 0.14% | 12,519 | $705K | Reduce -19.9% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.14% | 7,991 | $704K | No change |
| SUSL iShares ESG MSCI USA Leaders | 0.14% | 7,189 | $700K | Reduce -3.8% |
| MRK Merck & Co. Inc. | 0.14% | 5,602 | $694K | Add +2.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.14% | 6,180 | $683K | Add +3.5% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.14% | 23,052 | $682K | Reduce -5.4% |
| IBTX Independent Bank Group Inc. | 0.13% | 14,816 | $674K | Reduce -5.3% |
| SDY SS SPDR S&P Dividend ETF | 0.13% | 5,112 | $650K | Reduce -3.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.13% | 12,750 | $639K | Reduce -1.4% |
| COST Costco Wholesale Corp. | 0.13% | 740 | $629K | Reduce -1.1% |
| PG The Procter & Gamble Co. | 0.12% | 3,779 | $623K | Add +3.9% |
| AGG iShares Core U.S. Aggregate | 0.12% | 6,121 | $594K | Add +25.9% |
| LMT Lockheed Martin Corp. | 0.12% | 1,247 | $582K | Add +7.6% |
| IWD iShares Russell 1000 Value E | 0.11% | 3,260 | $569K | Reduce -1.9% |
| IGM iShares Expanded Tech Sector | 0.11% | 6,000 | $566K | No change |
| PULS Pgim Ultra Short Bond ETF | 0.11% | 10,943 | $544K | Reduce -24.6% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.11% | 11,708 | $529K | Reduce -30.1% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.10% | 4,621 | $524K | Reduce -16.3% |
| UNH Unitedhealth Group Inc. | 0.10% | 981 | $500K | Add +11.6% |
| AVEM Avantis Emerging Markets Eq | 0.09% | 7,402 | $452K | Reduce -16.8% |
| MS Morgan Stanley | 0.09% | 4,589 | $446K | Add +9.3% |
| FRDM Freedom 100 Emeging MRKT ETF | 0.09% | 12,295 | $434K | New |
| SCHW Schwab (charles) Corp. | 0.09% | 5,848 | $431K | Reduce -19.1% |
| KO The Coca-Cola Co. | 0.08% | 6,570 | $418K | Add +1.8% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.08% | 15,686 | $417K | Add +4.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 2,396 | $414K | Reduce -8.4% |
| IVOG Vanguard S&P Mid-Cap 400 Gro | 0.08% | 3,698 | $405K | Reduce -0.2% |
| XLE SS Energy Select Sector | 0.08% | 4,228 | $385K | Reduce -22.9% |
| ORCL Oracle Corp. | 0.07% | 2,669 | $377K | Add +5.6% |
| IWP iShares Russell Mid-Cap Grow | 0.07% | 3,307 | $365K | Reduce -7.4% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $12K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 10 | $12K | New |
Total filed on the 13F, all lines: $503.4M.
Portfolio Sells Q1 2024 → Q2 2024
| VONE Vanguard Russell 1000 | Reduce -56.7% | 5.07% | −7.50 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -45.7% | 2.11% | −2.29 |
| VOO Vanguard S&P 500 ETF | Reduce -3.1% | 4.97% | −0.50 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.0% | 2.06% | −0.43 |
| PEP Pepsico Inc. | Reduce -0.0% | 1.64% | −0.29 |
| SCHX Schwab US Large-Cap ETF | Reduce -4.5% | 2.28% | −0.28 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.4% | 1.49% | −0.21 |
| NOBL Proshares S&P 500 Dividend A | Reduce -4.4% | 0.89% | −0.20 |
| BND Vanguard Total Bond Market | Reduce -18.6% | 0.49% | −0.18 |
| IVV iShares Core S&P 500 ETF | Reduce -41.0% | 0.19% | −0.15 |
| SCHF Schwab Intl Equity ETF | Reduce -31.2% | 0.24% | −0.15 |
| V Visa Inc. Class A | Reduce -1.4% | 0.69% | −0.13 |
| MUB iShares National Muni Bond E | Reduce -81.8% | 0.02% | −0.12 |
| IEMG iShares Core MSCI Emerging | Reduce -20.3% | 0.35% | −0.12 |
| SUB iShares Short-Term National | Reduce -72.7% | 0.03% | −0.10 |
| SCHB Schwab US Broad Market ETF | Reduce -5.9% | 0.51% | −0.07 |
| IWR iShares Russell Mid-Cap ETF | Reduce -67.9% | 0.03% | −0.07 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.6% | 0.80% | −0.07 |
| IVE iShares S&P 500 Value ETF | Reduce -1.3% | 0.42% | −0.06 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -30.1% | 0.11% | −0.06 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.9% | 0.35% | −0.06 |
| SCHD Schwab US DVD Equity ETF | Reduce -10.6% | 0.21% | −0.06 |
| INTC Intel Corp. | Sold out | 0.00% | −0.06 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.05 |
| AOR iShares Core 60/40 Balanced | Reduce -19.9% | 0.14% | −0.05 |
| PULS Pgim Ultra Short Bond ETF | Reduce -24.6% | 0.11% | −0.05 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.05 |
| IWV iShares Russell 3000 ETF | Reduce -0.2% | 0.59% | −0.05 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.05 |
| C Citigroup Inc. | Sold out | 0.00% | −0.05 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −0.05 |
| DIAL Columbia Divers Fix Inc. ETF | Sold out | 0.00% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -42.5% | 0.04% | −0.04 |
| SCHA Schwab US Small-Cap ETF | Reduce -3.7% | 0.23% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -15.2% | 0.18% | −0.04 |
| HD Home Depot Inc. | Reduce -1.9% | 0.17% | −0.04 |
| CRM Salesforce Inc. | Reduce -27.6% | 0.05% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -0.6% | 0.31% | −0.04 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -16.3% | 0.10% | −0.04 |
| JNJ Johnson & Johnson | Reduce -5.5% | 0.15% | −0.04 |
| XLE SS Energy Select Sector | Reduce -22.9% | 0.08% | −0.04 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -7.0% | 0.18% | −0.04 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.5% | 1.07% | −0.03 |
| SCHV Schwab US Large-Cap Value | Reduce -3.0% | 0.19% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -78.4% | 0.01% | −0.03 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -4.5% | 0.18% | −0.03 |
| SBUX Starbucks Corp. | Reduce -23.5% | 0.04% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -19.1% | 0.09% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -8.4% | 0.08% | −0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| DFUS Dimensional US Eq MKT ETF | Add +109.6% | 15.63% | +7.62 |
| DFAI Dimensional International Co. | Add +61.9% | 9.19% | +2.78 |
| HELO JPMorgan Hedged Equity ETF | New | 2.62% | +2.62 |
| JCPB JPMorgan Core Plus Bond ETF | Add +3324.2% | 1.59% | +1.54 |
| VCRB Vanguard Core Bond ETF | Add +1031.3% | 0.53% | +0.48 |
| UITB Victoryshares Core Intermedi | New | 0.36% | +0.36 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +365.0% | 0.33% | +0.26 |
| NVDA Nvidia Corp. | Add +5.3% | 0.61% | +0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +58.3% | 0.42% | +0.14 |
| DFAE Dimensional Emerging Core Eq | Add +12.0% | 2.13% | +0.11 |
| FRDM Freedom 100 Emeging MRKT ETF | New | 0.09% | +0.09 |
| CVX Chevron Corp. | Add +98.2% | 0.17% | +0.08 |
| GOOGL Alphabet Inc. Class A | Add +6.6% | 0.37% | +0.05 |
| AVGO Broadcom Inc. | Add +1.8% | 0.45% | +0.05 |
| ADI Analog Devices Inc. | New | 0.04% | +0.04 |
| BAC Bank of America Corp. | New | 0.04% | +0.04 |
| DV Doubleverify Holdings Inc. | New | 0.04% | +0.04 |
| KLAC KLA Corp. | New | 0.04% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +2.3% | 0.36% | +0.04 |
| PYLD PIMCO Multisector Bond Actv | Add +630.0% | 0.02% | +0.02 |
| NVDD Direxion SHS ETF TR | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +5.5% | 0.23% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +25.9% | 0.12% | +0.01 |
| VTHR Vanguard Russell 3000 | New | 0.01% | +0.01 |
| SCHK Schwab 1000 Index ETF | Add +11.9% | 0.23% | +0.01 |
| JMUB JPMorgan Municipal ETF | New | 0.01% | +0.01 |
| DFAS Dimensional US Small Cap ETF | Add +92.1% | 0.02% | +0.01 |
| DFAX Dimensional World Ex US Core | New | 0.01% | +0.01 |
| MOAT Vaneck Morningstar Wide Moat | Add +33.1% | 0.04% | +0.01 |
| XLG Invesco S&P 500 Top 50 ETF | New | 0.01% | +0.01 |
| ORCL Oracle Corp. | Add +5.6% | 0.07% | +0.00 |
| RTX RTX Corp. | Add +17.8% | 0.05% | +0.00 |
| MINO PIMCO Municipal Income Oppor | Add +18.7% | 0.06% | +0.00 |
| TRANSCODE THERAPEUTICS INC | New | 0.00% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +11.6% | 0.10% | +0.00 |
| QCOM Qualcomm Inc. | Add +1.4% | 0.05% | +0.00 |
| WMT Walmart Inc. | Add +4.8% | 0.05% | +0.00 |
| AMAT Applied Materials Inc. | Add +1.7% | 0.06% | +0.00 |
| MRNA Moderna Inc. | Add +2.8% | 0.06% | +0.00 |
| MS Morgan Stanley | Add +9.3% | 0.09% | +0.00 |
| NFLX Netflix Inc. | Add +0.1% | 0.20% | +0.00 |
| ASML ASML Holding NV-NY Reg SHS | Add +4.4% | 0.05% | −0.00 |
| LMT Lockheed Martin Corp. | Add +7.6% | 0.12% | −0.00 |
| TMUS T-Mobile US Inc. | Add +2.0% | 0.07% | −0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +4.3% | 0.08% | −0.00 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.1% | 0.01% | −0.00 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Add +7.1% | 0.02% | −0.00 |
| CMG Chipotle Mexican Grill Inc. | Add +0.2% | 0.07% | −0.00 |
| XOM Exxon Mobil Corp. | Add +11.3% | 0.38% | −0.00 |
| KO The Coca-Cola Co. | Add +1.8% | 0.08% | −0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 10 | $12K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.