Permit Capital, LLC
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Nov 2026 | $491,129,928 | Pooled investment vehicles (100%) |
| Apr 2025 to Mar 2026 | $550,990,891 | Pooled investment vehicles (100%) |
| Apr 2024 to Mar 2025 | $545,640,270 | Pooled investment vehicles (100%) |
| May 2023 to Mar 2024 | $527,539,989 | Pooled investment vehicles (100%) |
| Apr 2023 | $527,539,989 | Pooled investment vehicles (100%) |
| Apr 2022 to Mar 2023 | $685,546,031 | Pooled investment vehicles (100%) |
Schedule 13D/13G stakes
Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.
No stake currently held at or above 5%.
A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis. Show 1 exited, below-5% or retired stake
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 93.1%; sector active share 44.6% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
20 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Real Estate | 28.4% | $101,519,555 |
| Industrials | 19.1% | $68,226,000 |
| Technology | 18.3% | $65,352,835 |
| Communication Services | 12.4% | $44,278,901 |
| Consumer Cyclical | 11.8% | $42,016,744 |
| Financial Services | 4.3% | $15,239,470 |
| Healthcare | 3.6% | $12,982,975 |
| Energy | 2.2% | $7,767,131 |
Last Quarter's Activity
Export CSVSold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| QVCAQ | QVC Group, Inc. | 398,062 | $863,794 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SBAC |
Sba Communications Corp
Real Estate
|
Held | 575,312 | $101,519,555 | 28.41% | |
| PBI |
Pitney Bowes Inc
Industrials
|
Held | 3,500,000 | $61,320,000 | 17.16% | |
| EXPE |
Expedia Group, Inc.
Consumer Cyclical
|
Held | 77,000 | $19,702,760 | 5.51% | |
| FTDR |
Frontdoor, Inc.
Consumer Cyclical
|
Held | 197,600 | $15,331,784 | 4.29% | |
| WDC |
Western Digital Corp
Technology
|
Reduced | 21,000 | $13,413,120 | 3.75% | |
| MTCH |
Match Group, Inc.
Communication Services
|
Held | 350,000 | $13,317,500 | 3.73% | |
| CVS |
CVS HEALTH Corp
Healthcare
|
Held | 125,500 | $12,982,975 | 3.63% | |
| HPQ |
Hp Inc
Technology
|
Held | 569,000 | $12,483,860 | 3.49% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Held | 34,700 | $12,260,551 | 3.43% | |
| OTEX |
Open Text Corp
Technology
|
Added | 526,996 | $11,672,961 | 3.27% | |
| GEN |
Gen Digital Inc.
Technology
|
Added | 443,494 | $11,038,565 | 3.09% | |
| ECHO |
EchoStar CORP
Communication Services
|
Reduced | 101,000 | $10,251,500 | 2.87% | |
| MTG |
Mgic Investment Corp
Financial Services
|
Held | 341,350 | $9,626,070 | 2.69% | |
| EPAM |
EPAM Systems, Inc.
Technology
|
NEW | 108,000 | $8,569,800 | 2.40% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Held | 15,000 | $8,449,350 | 2.36% | |
| IDCC |
InterDigital, Inc.
Technology
|
Held | 28,872 | $8,174,529 | 2.29% | |
| RRC |
Range Resources Corp
Energy
|
Held | 208,850 | $7,767,131 | 2.17% | |
| SIG |
Signet Jewelers Ltd
Consumer Cyclical
|
Held | 81,000 | $6,982,200 | 1.95% | |
| KBR |
Kbr, Inc.
Industrials
|
NEW | 200,000 | $6,906,000 | 1.93% | |
| PYPL |
PayPal Holdings, Inc.
Financial Services
|
Held | 130,000 | $5,613,400 | 1.57% |
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.