Patient Capital Management, LLC

Registered adviser Superinvestor · Samantha McLemore

CIK

1854794

Location

BALTIMORE, MD

Portfolio Value

Mid $2,893,296,487

Diversification

Diversified

Filing Date

Global Rank

#1,274 / 8,817 ▼ 16

Top Industry

Internet Content & Information 14.4%

Period ended 4 months ago

Filed Aug 13, 2026 · 2mo

19 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 307336

Roster of Oct 1, 2026

Regulatory AUM

$2,502,504,048

Main clients

Registered funds and BDCs (74% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$207,190,188 gross assets

Registered funds advised

1 series (0 index, 0 ETFs)

$1,631,967,825 net assets· N-CEN Dec 31, 2025

LEI

98450071DD4R05AC7677

Private funds on Schedule D 7.B.(1)

As filed Mar 29, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$142,477,654 gross assets in 1 fund Hedge funds $142,477,654 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$2,502,504,048	Registered funds and BDCs (74%)
Apr 2025 to Mar 2026	$2,082,179,855	Registered funds and BDCs (76%)
Apr 2024 to Mar 2025	$1,788,770,821	Registered funds and BDCs (77%)
Jul 2023 to Mar 2024	$1,759,376,840	Registered funds and BDCs (79%)
May 2023 to Jun 2023	$221,413,597	Governments and sovereign funds (56%)
Apr 2023	$221,413,597	Governments and sovereign funds (56%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 54.0%, 24.1 effective positions, active share 81.5% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

26.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 12.9 quarters (12+)

Closest benchmark: the S&P 500 as of 2026-06-30, active share 81.5%; sector active share 37.7% against the combined 13F book's sector weights.

Over time 19 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 backtest

Portfolio Concentration

39 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.0%

+0.2 pts

Top 5

32.2%

+2.7 pts

Top 10

54.0%

+2.8 pts

HHI

416

Diversified+25

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Healthcare	26.5%	$765,285,078	7
Consumer Cyclical	17.8%	$513,883,126	7
Communication Services	13.9%	$403,306,866	5
Financial Services	13.5%	$390,669,588	6
Industrials	11.5%	$331,563,061	4
Technology	10.4%	$299,628,688	3
Unclassified	3.8%	$109,725,694	3
Energy	2.7%	$79,234,386	4

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
PGEN	Precigen, Inc.	+1,219,589	19,036,976	$108,510,763
CHYM	Chime Financial, Inc.	+1,200,473	4,082,489	$83,609,374
FBTC	Fidelity Wise Origin Bitcoin Fund	+863,764	1,217,595	$62,158,224
QXO	QXO, Inc.	+358,280	7,136,669	$123,321,640
NCLH	Norwegian Cruise Line Holdings Ltd.	+280,002	6,029,642	$127,285,742
SOFI	SoFi Technologies, Inc.	+179,383	1,505,629	$26,995,927
ADBE	Adobe Inc.	+63,847	361,126	$74,038,052
COIN	Coinbase Global, Inc.	+31,611	462,016	$67,542,119
AMZN	Amazon Com Inc	+26,628	681,047	$162,320,741
UNH	Unitedhealth Group Inc	+632	437,773	$181,951,591
EXPE	Expedia Group, Inc.	+30	167,814	$42,940,246
No positions match the current search.

Trimmed

Positions the filer reduced

24 positions

Ticker	Company	Δ Shares	Shares	Value
NE	Noble Corp plc	−1,247,854	100,000	$3,730,000
PLAY	Dave & Buster's Entertainment, Inc.	−947,636	204,022	$2,325,850
UBS	UBS Group AG	−288,221	953,734	$47,267,057
PPLI	People Inc	−274,006	2,425,558	$111,963,757
ILMN	Illumina, Inc.	−199,466	345,314	$60,716,560
SDRL	SEADRILL Ltd	−199,330	1,953,355	$73,875,886
CVS	CVS HEALTH Corp	−121,654	1,235,505	$127,812,992
DAL	Delta Air Lines, Inc.	−121,299	431,215	$40,387,596
GM	General Motors Co	−113,072	631,558	$48,680,490
BIIB	Biogen Inc.	−96,044	283,697	$61,295,573
OMF	OneMain Holdings, Inc.	−79,002	702,369	$42,823,437
RPRX	Royalty Pharma plc	−44,908	3,598,808	$201,785,164
CROX	Crocs, Inc.	−43,416	799,426	$96,442,752
TEM	Tempus AI, Inc.	−41,501	400,698	$23,212,435
JD	JD.com, Inc.	−21,749	1,377,719	$35,104,280
FISV	Fiserv Inc	−14,557	953,637	$46,775,894
C	Citigroup Inc	−10,393	1,403,477	$196,430,640
GOOGL	Alphabet Inc.	−8,243	525,750	$187,887,277
ET	Energy Transfer LP	−7,525	6,080,678	$0
NVDA	Nvidia Corp	−1,528	709,587	$141,981,262
UAL	United Airlines Holdings, Inc.	−497	731,523	$99,479,812
META	Meta Platforms, Inc.	−296	170,790	$96,204,299
SPY	Spdr S&P 500 ETF Trust	−55	1,060	$791,576
JPM	Jpmorgan Chase & Co	−2	29,360	$9,610,408
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
GPN	Global Payments Inc	942,310	$68,374,013
GENI	Genius Sports Ltd	812,819	$4,925,683
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
IBIT	iShares Bitcoin Trust ETF	1,100,000	$42,262,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

39 tracked positions · $2,893,296,487 total · filing declares 40 positions · $3,050,483,973 · as of Jun 30, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Est. Price	Held (qtrs)	Est. cost/share	% of Portfolio
RPRX	Royalty Pharma plc Healthcare	Reduced	3,598,808	-44,908	$201,785,164	+15.4%	$52.05	11	$29.85	6.97%
C	Citigroup Inc Financial Services	Reduced	1,403,477	-10,393	$196,430,640	+22.5%	$130.18	18	$52.89	6.79%
GOOGL	Alphabet Inc. Communication Services	Reduced	525,750	-8,243	$187,887,277	+22.4%	$359.97	19	before history	6.49%
UNH	Unitedhealth Group Inc Healthcare	Added	437,773	+632	$181,951,591	+53.8%	$370.65	5	$336.49	6.29%
AMZN	Amazon Com Inc Consumer Cyclical	Added	681,047	+26,628	$162,320,741	+19.1%	$251.01	19	before history	5.61%
NVDA	Nvidia Corp Technology	Reduced	709,587	-1,528	$141,981,262	+14.5%	$205.61	10	$86.87	4.91%
CVS	CVS HEALTH Corp Healthcare	Reduced	1,235,505	-121,654	$127,812,992	+31.1%	$89.26	12	$64.68	4.42%
NCLH	Norwegian Cruise Line Holdings Ltd. Consumer Cyclical	Added	6,029,642	+280,002	$127,285,742	+18.4%	$18.66	19	before history	4.40%
QXO	QXO, Inc. Industrials	Added	7,136,669	+358,280	$123,321,640	−6.3%	$18.61	8	$28.37	4.26%
PPLI	People Inc Communication Services	Reduced	2,425,558	-274,006	$111,963,757	+3.6%	$42.68	13	unpriced	3.87%
PGEN	Precigen, Inc. Healthcare	Added	19,036,976	+1,219,589	$108,510,763	+57.4%	$4.32	19	before history	3.75%
UAL	United Airlines Holdings, Inc. Industrials	Reduced	731,523	-497	$99,479,812	+47.6%	$103.58	17	$52.27	3.44%
CROX	Crocs, Inc. Consumer Cyclical	Reduced	799,426	-43,416	$96,442,752	+37.8%	$109.27	11	$92.55	3.33%
META	Meta Platforms, Inc. Communication Services	Reduced	170,790	-296	$96,204,299	−1.7%	$611.48	19	before history	3.33%
CHYM	Chime Financial, Inc. Technology	Added	4,082,489	+1,200,473	$83,609,374	+54.9%	$19.41	3	$21.00	2.89%
ADBE	Adobe Inc. Technology	Added	361,126	+63,847	$74,038,052	+2.5%	$236.90	2	$269.91	2.56%
SDRL	SEADRILL Ltd Energy	Reduced	1,953,355	-199,330	$73,875,886	−24.6%	$46.58	11	$38.32	2.55%
GPN	Global Payments Inc Industrials	NEW	942,310	NEW	$68,374,013	NEW	$68.85	1	$68.85	2.36%
COIN	Coinbase Global, Inc. Financial Services	Added	462,016	+31,611	$67,542,119	−10.1%	$180.52	18	$157.06	2.33%
FBTC	Fidelity Wise Origin Bitcoin Fund	Added	1,217,595	+863,764	$62,158,224	+197.6%	$62.49	10	$66.43	2.15%
BIIB	Biogen Inc. Healthcare	Reduced	283,697	-96,044	$61,295,573	−12.0%	$191.29	10	$180.95	2.12%
ILMN	Illumina, Inc. Healthcare	Reduced	345,314	-199,466	$60,716,560	−9.6%	$146.41	11	unpriced	2.10%
GM	General Motors Co Consumer Cyclical	Reduced	631,558	-113,072	$48,680,490	−12.2%	$78.57	19	before history	1.68%
UBS	UBS Group AG Financial Services	Reduced	953,734	-288,221	$47,267,057	−2.6%	$45.55	14	$21.28	1.63%
FISV	Fiserv Inc	Reduced	953,637	-14,557	$46,775,894	−13.4%	$55.89	3	$67.80	1.62%
EXPE	Expedia Group, Inc. Consumer Cyclical	Added	167,814	+30	$42,940,246	+10.8%	$237.51	17	$103.06	1.48%
OMF	OneMain Holdings, Inc. Financial Services	Reduced	702,369	-79,002	$42,823,437	+2.5%	$56.33	19	before history	1.48%
DAL	Delta Air Lines, Inc. Industrials	Reduced	431,215	-121,299	$40,387,596	+10.0%	$75.49	19	before history	1.40%
JD	JD.com, Inc. Consumer Cyclical	Reduced	1,377,719	-21,749	$35,104,280	−15.2%	$29.46	7	$35.00	1.21%
SOFI	SoFi Technologies, Inc. Financial Services	Added	1,505,629	+179,383	$26,995,927	+28.2%	$16.94	19	before history	0.93%
TEM	Tempus AI, Inc. Healthcare	Reduced	400,698	-41,501	$23,212,435	+16.1%	$50.14	5	$57.27	0.80%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	29,360	-2	$9,610,408	+11.3%	$310.55	19	before history	0.33%
GENI	Genius Sports Ltd Communication Services	NEW	812,819	NEW	$4,925,683	NEW	$5.18	1	$5.18	0.17%
NE	Noble Corp plc Energy	Reduced	100,000	-1,247,854	$3,730,000	−94.4%	$47.81	5	$26.82	0.13%
PLAY	Dave & Buster's Entertainment, Inc. Communication Services	Reduced	204,022	-947,636	$2,325,850	−81.4%	$11.91	8	$32.23	0.08%
APA	APA Corp Energy	Held	50,000	0	$1,628,500	−23.3%	$37.55	7	$23.38	0.06%
LEN-B	Lennar Corp Consumer Cyclical	Held	12,500	0	$1,108,875	+5.5%	$87.32	17	unpriced	0.04%
SPY	Spdr S&P 500 ETF Trust	Reduced	1,060	-55	$791,576	+9.2%	$725.01	4	$662.87	0.03%
ET	Energy Transfer LP Energy	Reduced	6,080,678	-7,525	$0	—	—	19	before history	0.00%

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.