Permit Capital, LLC

CIK

1313978

Location

WEST CONSHOHOCKEN, PA

Portfolio Value

Small $284,440,099

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,509 / 8,623 ▼ 40 · as of Mar 2026

Top Industry

REIT - Specialty 34.8%

3Y Alpha vs SPY

-1.4%

Period ended 4 months ago

Filed May 7, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+62.3%

SPY

+67.9%

Annualised alpha

-1.3%

Max drawdown

−14.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

18 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

34.8%

−1.3 pts

Top 5

62.9%

+0.1 pts

Top 10

80.7%

+0.3 pts

HHI

1,586

Moderately concentrated−41

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Real Estate	34.8%	$99,016,948	1
Technology	16.1%	$45,861,672	5
Industrials	13.6%	$38,675,000	1
Consumer Cyclical	12.6%	$35,943,300	4
Communication Services	11.1%	$31,653,589	3
Financial Services	5.2%	$14,840,337	2
Energy	3.3%	$9,435,843	1
Healthcare	3.2%	$9,013,410	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
HPQ	Hp Inc	+300,000	569,000	$10,930,490
PBI	Pitney Bowes Inc /De/	+250,000	3,500,000	$38,675,000
GEN	Gen Digital Inc.	+50,000	375,000	$7,061,250
OTEX	Open Text Corp	+50,000	360,000	$8,006,400
QVCAQ	QVC Group, Inc.	+10,000	398,062	$863,794
EXPE	Expedia Group, Inc.	+4,000	77,000	$17,778,530
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
WDC	Western Digital Corp	−38,800	41,200	$11,144,188
IDCC	InterDigital, Inc.	−12,600	28,872	$8,719,344
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

18 tracked positions · $284,440,099 total · filing declares 19 positions · $294,394,143 · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SBAC	Sba Communications Corp Real Estate	Held	575,312	0	$99,016,948	−11.0%	34.81%
PBI	Pitney Bowes Inc /De/ Industrials	Added	3,500,000	+250,000	$38,675,000	+12.6%	13.60%
EXPE	Expedia Group, Inc. Consumer Cyclical	Added	77,000	+4,000	$17,778,530	−14.0%	6.25%
ECHO	EchoStar CORP Communication Services	Held	105,263	0	$12,323,139	+7.7%	4.33%
WDC	Western Digital Corp Technology	Reduced	41,200	-38,800	$11,144,188	−19.1%	3.92%
HPQ	Hp Inc Technology	Added	569,000	+300,000	$10,930,490	+82.4%	3.84%
MTCH	Match Group, Inc. Communication Services	Held	350,000	0	$10,748,500	−4.9%	3.78%
FTDR	Frontdoor, Inc. Consumer Cyclical	Held	197,600	0	$10,445,136	−8.4%	3.67%
RRC	Range Resources Corp Energy	Held	208,850	0	$9,435,843	+28.1%	3.32%
CVS	CVS HEALTH Corp Healthcare	Held	125,500	0	$9,013,410	−9.5%	3.17%
MTG	Mgic Investment Corp Financial Services	Held	341,350	0	$8,960,437	−10.2%	3.15%
IDCC	InterDigital, Inc. Technology	Reduced	28,872	-12,600	$8,719,344	−34.0%	3.07%
META	Meta Platforms, Inc. Communication Services	Held	15,000	0	$8,581,950	−13.3%	3.02%
OTEX	Open Text Corp Technology	Added	360,000	+50,000	$8,006,400	−20.7%	2.81%
GEN	Gen Digital Inc. Technology	Added	375,000	+50,000	$7,061,250	−20.1%	2.48%
SIG	Signet Jewelers Ltd Consumer Cyclical	Held	81,000	0	$6,855,840	+2.1%	2.41%
PYPL	PayPal Holdings, Inc. Financial Services	Held	130,000	0	$5,879,900	−22.5%	2.07%
QVCAQ	QVC Group, Inc. Consumer Cyclical	Added	398,062	+10,000	$863,794	−78.7%	0.30%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.