Permit Capital, LLC
CIK
1313978
Location
WEST CONSHOHOCKEN, PA
Portfolio Value
Small
$284,440,099
Diversification
Moderately concentrated
Filing Date
Global Rank
#3,483
/ 8,603
▼ 30
· as of Mar 2026
Top Industry
REIT - Specialty
34.8%
3Y Alpha vs SPY
-5.4%
Period ended 3 months ago
Filed May 7, 2026 · 2mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+52.2%
SPY
+76.0%
Annualised alpha
-5.7%
Max drawdown
−15.9%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
18 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top 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 |
|---|---|---|
| Real Estate | 34.8% | $99,016,948 |
| Technology | 16.1% | $45,861,672 |
| Industrials | 13.6% | $38,675,000 |
| Consumer Cyclical | 12.6% | $35,943,300 |
| Communication Services | 11.1% | $31,653,589 |
| Financial Services | 5.2% | $14,840,337 |
| Energy | 3.3% | $9,435,843 |
| Healthcare | 3.2% | $9,013,410 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
18 positions ·
$284,440,099 total
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SBAC |
Sba Communications Corp
Real Estate
|
Held | 575,312 | $99,016,948 | 34.81% | |
| PBI |
Pitney Bowes Inc /De/
Industrials
|
Added | 3,500,000 | $38,675,000 | 13.60% | |
| EXPE |
Expedia Group, Inc.
Consumer Cyclical
|
Added | 77,000 | $17,778,530 | 6.25% | |
| ECHO |
EchoStar CORP
Communication Services
|
Held | 105,263 | $12,323,139 | 4.33% | |
| WDC |
Western Digital Corp
Technology
|
Reduced | 41,200 | $11,144,188 | 3.92% | |
| HPQ |
Hp Inc
Technology
|
Added | 569,000 | $10,930,490 | 3.84% | |
| MTCH |
Match Group, Inc.
Communication Services
|
Held | 350,000 | $10,748,500 | 3.78% | |
| FTDR |
Frontdoor, Inc.
Consumer Cyclical
|
Held | 197,600 | $10,445,136 | 3.67% | |
| RRC |
Range Resources Corp
Energy
|
Held | 208,850 | $9,435,843 | 3.32% | |
| CVS |
CVS HEALTH Corp
Healthcare
|
Held | 125,500 | $9,013,410 | 3.17% | |
| MTG |
Mgic Investment Corp
Financial Services
|
Held | 341,350 | $8,960,437 | 3.15% | |
| IDCC |
InterDigital, Inc.
Technology
|
Reduced | 28,872 | $8,719,344 | 3.07% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Held | 15,000 | $8,581,950 | 3.02% | |
| OTEX |
Open Text Corp
Technology
|
Added | 360,000 | $8,006,400 | 2.81% | |
| GEN |
Gen Digital Inc.
Technology
|
Added | 375,000 | $7,061,250 | 2.48% | |
| SIG |
Signet Jewelers Ltd
Consumer Cyclical
|
Held | 81,000 | $6,855,840 | 2.41% | |
| PYPL |
PayPal Holdings, Inc.
Financial Services
|
Held | 130,000 | $5,879,900 | 2.07% | |
| QVCAQ |
QVC Group, Inc.
Consumer Cyclical
|
Added | 398,062 | $863,794 | 0.30% |