Pine Valley Investments Ltd Liability Co

Registered adviser

CIK

1975417

Location

MARLTON, NJ

Portfolio Value

Mid $2,523,590,181

Diversification

Diversified

Filing Date

Global Rank

#1,384 / 8,817 ▲ 3

Top Industry

Semiconductors 9.9%

Period ended 4 months ago

Filed Jul 24, 2026 · 3mo

14 quarters · since Mar 2023

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 173995

Roster of Oct 1, 2026

Regulatory AUM

$2,674,263,421

Main clients

Individuals and high net worth (86% of AUM)

Private funds

2 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$124,035,780 gross assets

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

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$37,267,601 gross assets in 1 fund Hedge funds $37,267,601 (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	$2,674,263,421	Individuals and high net worth (86%)
Apr 2025 to Mar 2026	$2,183,420,313	Individuals and high net worth (88%)
Apr 2024 to Mar 2025	$1,742,507,212	Individuals and high net worth (91%)
May 2023 to Mar 2024	$964,600,915	Individuals and high net worth (98%)
Apr 2023	$964,600,915	Individuals and high net worth (98%)
Apr 2022 to Mar 2023	$1,324,317,155	Individuals and high net worth (100%)

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 27.6%, 72.4 effective positions, active share 53.6% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

30.7% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 10.8 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 53.6%; sector active share 23.8% against the combined 13F book's sector weights.

Over time 14 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

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

Top Position

6.4%

+0.5 pts

Top 5

17.4%

+0.0 pts

Top 10

28.5%

−1.0 pts

HHI

153

Diversified+1

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	37.1%	$936,455,201	212
Technology	17.9%	$451,230,332	61
Healthcare	8.6%	$216,706,872	39
Industrials	8.1%	$203,239,781	56
Consumer Cyclical	7.5%	$188,947,961	32
Financial Services	5.6%	$141,880,656	60
Communication Services	5.2%	$132,318,593	16
Basic Materials	3.4%	$86,048,962	26
Consumer Defensive	2.7%	$68,977,598	20
Energy	2.3%	$58,299,518	17
Utilities	1.0%	$26,194,038	18
Real Estate	0.5%	$13,290,669	11

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ADT	ADT Inc.	+1,599,466	4,159,167	$27,034,585
CRUX	Columbia Core Bond ETF	+531,709	978,219	$29,327,005
GPN	Global Payments Inc	+162,361	704,858	$51,144,496
FSM	Fortuna Mining Corp.	+109,694	408,858	$3,454,850
CE	Celanese Corp	+107,032	943,765	$43,413,190
VUG	VANGUARD GROWTH INDEX FUND	+96,437	116,065	$9,997,839
UITB	VictoryShares Core Intermediate Bond ETF	+87,546	664,602	$31,128,628
PSLV	Sprott Physical Silver Trust	+62,543	302,878	$5,715,307
VO	VANGUARD MID-CAP INDEX FUND	+45,200	60,235	$4,853,133
JMBS	Janus Henderson Mortgage-Backed Securities ETF	+44,735	356,418	$16,035,245
FTCB	First Trust Core Investment Grade ETF	+44,581	1,204,179	$25,113,153
JHCR	John Hancock Core Bond ETF	+39,808	55,612	$1,404,536
HL	Hecla Mining Co	+36,860	143,417	$2,212,924
JSI	Janus Henderson Securitized Income ETF	+32,599	234,335	$12,000,295
KGC	Kinross Gold Corp	+30,595	164,703	$3,890,284
JAAA	Janus Henderson AAA CLO ETF	+26,571	445,468	$22,491,679
PCT	PureCycle Technologies, Inc.	+23,125	48,340	$392,037
JBND	JPMorgan Active Bond ETF	+22,566	362,470	$19,392,145
VZ	Verizon Communications Inc	+19,667	134,759	$5,705,696
—		+18,958	182,142	$2,631,951
MO	Altria Group, Inc.	+18,926	62,988	$4,531,986
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	+18,342	404,553	$17,452,416
VEA	Vanguard FTSE Developed Markets ETF	+16,793	202,032	$14,394,780
PHYS	Sprott Physical Gold Trust	+16,475	127,327	$3,841,455
PM	Philip Morris International Inc.	+16,179	25,701	$4,649,567
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
HOG	Harley-Davidson, Inc.	−951,019	1,327,218	$32,463,752
DIAL	Columbia Diversified Fixed Income Allocation ETF	−754,958	67,979	$1,235,178
WBD	Warner Bros. Discovery, Inc.	−513,695	584,239	$15,575,811
CNC	Centene Corp	−246,359	764,100	$49,047,579
EQT	EQT Corp	−39,613	368,863	$19,612,445
—		−26,523	120,600	$3,956,886
—		−26,152	55,785	$5,112,137
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	−25,691	61,158	$3,758,770
FTSM	First Trust Enhanced Short Maturity ETF	−21,800	18,430	$1,100,823
CTOS	Custom Truck One Source, Inc.	−18,500	49,500	$584,595
HPS	John Hancock Preferred Income Fund III	−17,279	44,953	$653,616
BXSL	Blackstone Secured Lending Fund	−16,829	115,488	$2,738,220
FTNT	Fortinet, Inc.	−14,555	109,573	$16,832,604
MOH	Molina Healthcare, Inc.	−13,961	168,695	$38,580,546
XOM	ExxonMobil Holdings Corp	−13,129	116,769	$15,964,657
FSMB	First Trust Short Duration Managed Municipal ETF	−12,287	47,755	$954,622
VBIL	Vanguard Institutional Index Funds	−9,764	33,061	$2,502,056
REVBW	Revelation Biosciences, Inc.	−8,572	236,857	$0
MRVL	Marvell Technology, Inc.	−8,189	33,570	$10,000,167
TRTX	TPG RE Finance Trust, Inc.	−7,675	18,825	$157,565
PANW	Palo Alto Networks Inc	−7,237	13,357	$4,555,004
MU	Micron Technology Inc	−6,944	12,163	$14,039,629
HON	Honeywell International Inc	−6,691	6,217	$1,391,986
FIXD	First Trust Smith Opportunistic Fixed Income ETF	−6,449	131,498	$5,734,627
APLE	Apple Hospitality REIT, Inc.	−6,242	37,907	$637,216
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
GPK	Graphic Packaging Holding Co	3,498,201	$36,975,984
FIS	Fidelity National Information Services, Inc.	626,414	$24,354,976
FLO	Flowers Foods Inc	1,987,882	$15,704,267
MAT	Mattel Inc	725,249	$10,066,456
NOW	ServiceNow, Inc.	31,517	$3,129,007
NVO	Novo Nordisk A S	48,469	$2,323,603
ACYN	First Trust Exchange-Traded Fund	78,110	$1,623,906
HONA	Honeywell Aerospace Inc.	6,197	$1,370,032
FDXF	FedEx Freight Holding Company, Inc.	7,507	$1,133,557
SPCX	Space Exploration Technologies Corp	5,502	$940,071
DELL	Dell Technologies Inc.	978	$421,967
ALAB	Astera Labs, Inc.	829	$400,423
CORT	Corcept Therapeutics Inc	4,049	$352,060
CRDO	Credo Technology Group Holding Ltd	1,279	$347,824
THQ	abrdn Healthcare Opportunities Fund	18,400	$344,632
HPE	Hewlett Packard Enterprise Co	6,961	$314,010
PYLD		11,421	$302,884
MCHP	Microchip Technology Inc	3,105	$283,176
COHR	Coherent Corp.	693	$273,367
ABVX	Abivax S.A.	2,025	$269,851
VYMI	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND	2,690	$264,158
FBIN	Fortune Brands Innovations, Inc.	4,750	$260,775
AEP	American Electric Power Co Inc	1,764	$241,332
PSTP		6,539	$240,537
SFLR		6,225	$240,160
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
PDS	PRECISION DRILLING Corp	151,800	$14,937,120
NSP	Insperity, Inc.	476,718	$12,890,454
TAP	Molson Coors Beverage Co	268,989	$11,582,666
SFM	Sprouts Farmers Market, Inc.	111,168	$8,574,387
SGOV	iShares 0-3 Month Treasury Bond ETF	25,177	$2,534,316
IT	Gartner Inc	2,123	$336,155
OUT	OUTFRONT Media Inc.	9,215	$244,197
BP	Bp PLC	5,179	$243,413
APTV	Aptiv PLC	3,278	$227,624
KR	Kroger Co	3,132	$226,631
OXY	Occidental Petroleum Corp	3,471	$225,615
HUT	Hut 8 Corp.	4,765	$223,526
GDLC	Grayscale CoinDesk Crypto 5 ETF	7,109	$221,729
MOS	Mosaic Co	8,483	$216,316
SLB	Slb Limited	4,150	$213,268
TTD	Trade Desk, Inc.	9,140	$207,386
HYT	Blackrock Corporate High Yield Fund, Inc.	10,470	$89,204
UAMY	United States Antimony Corp	10,022	$87,492
ACP	abrdn Income Credit Strategies Fund	12,050	$61,455
PBR	Petrobras - Petroleo Brasileiro SA	900	$18,675
—		6,522	$0
NXJ	NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND	14,350	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

568 tracked positions · $2,523,590,181 total · filing declares 610 positions · $2,533,006,071 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 568 positions by value · page 1 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SPY	Spdr S&P 500 ETF Trust PUT CALL + SHARES	Added	215,029	+21,459	$160,577,206	+27.6%	14	before history	6.36%
AAPL	Apple Inc. Technology	Reduced	253,635	-4,543	$73,391,823	+12.0%	14	before history	2.91%
SLV	iShares Silver Trust CALL + SHARES	Added	1,330,206	+1,249,135	$71,126,114	+1187.5%	14	before history	2.82%
NVDA	Nvidia Corp CALL + SHARES Technology	Reduced	344,678	-4,152	$68,966,621	+13.4%	14	before history	2.73%
GPK	Graphic Packaging Holding Co CALL + SHARES Consumer Cyclical	NEW	4,904,701	NEW	$51,842,689	NEW	1	$10.20	2.05%
GPN	Global Payments Inc Industrials	Added	704,858	+162,261	$51,144,496	+40.1%	2	$72.62	2.03%
QQQ	Invesco Qqq Trust, Series 1 CALL + SHARES	Added	67,532	+1,167	$49,730,564	+29.8%	8	$514.05	1.97%
CNC	Centene Corp Healthcare	Reduced	764,100	-246,359	$49,047,579	+48.3%	4	$30.31	1.94%
CE	Celanese Corp Basic Materials	Added	943,765	+107,032	$43,413,190	−21.1%	6	$44.60	1.72%
HOG	Harley-Davidson, Inc. CALL + SHARES Consumer Cyclical	Reduced	1,694,818	-954,119	$41,455,248	−22.6%	6	$22.26	1.64%
MSFT	Microsoft Corp Technology	Added	108,104	+798	$40,324,954	+1.5%	14	before history	1.60%
MOH	Molina Healthcare, Inc. Healthcare	Reduced	168,695	-13,961	$38,580,546	+58.5%	2	$159.17	1.53%
GOOG	Alphabet Inc. CALL + SHARES Communication Services	Reduced	105,029	-6,156	$37,109,896	+16.4%	14	before history	1.47%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	138,869	-911	$33,098,037	+13.7%	14	before history	1.31%
UITB	VictoryShares Core Intermediate Bond ETF	Added	664,602	+87,546	$31,128,628	+14.7%	10	$46.69	1.23%
JNJ	Johnson & Johnson Healthcare	Reduced	116,193	-1,786	$29,509,536	+2.3%	14	before history	1.17%
CRUX	Columbia Core Bond ETF	Added	978,219	+531,709	$29,327,005	+118.6%	2	unpriced	1.16%
GOOGL	Alphabet Inc. Communication Services	Reduced	80,658	-1,765	$28,824,749	+21.6%	14	before history	1.14%
ADT	ADT Inc. Industrials	Added	4,159,167	+1,599,466	$27,034,585	+60.8%	2	$7.26	1.07%
FTCB	First Trust Core Investment Grade ETF	Added	1,204,179	+44,581	$25,113,153	+3.3%	6	$20.85	1.00%
FIS	Fidelity National Information Services, Inc. Technology	NEW	626,414	NEW	$24,354,976	NEW	1	$43.27	0.97%
RDVY	First Trust Rising Dividend Achievers ETF	Added	296,008	+9,534	$23,994,408	+22.7%	14	before history	0.95%
JAAA	Janus Henderson AAA CLO ETF	Added	445,468	+26,571	$22,491,679	+6.6%	14	before history	0.89%
META	Meta Platforms, Inc. Communication Services	Added	39,322	+3,183	$22,149,689	+7.1%	14	before history	0.88%
AGO	Assured Guaranty Ltd CALL + SHARES Financial Services	Reduced	269,136	-2,300	$21,573,941	−2.5%	4	$83.12	0.85%
EQT	EQT Corp Energy	Reduced	368,863	-41,413	$19,612,445	−24.9%	14	before history	0.78%
JBND	JPMorgan Active Bond ETF	Added	362,470	+22,566	$19,392,145	+6.1%	10	$52.87	0.77%
AMAT	Applied Materials Inc Technology	Reduced	26,491	-2,806	$19,152,993	+91.3%	14	before history	0.76%
IVV	iShares Core S&P 500 ETF	Reduced	24,935	-180	$18,673,572	+13.8%	14	before history	0.74%
ABBV	AbbVie Inc. Healthcare	Reduced	72,077	-3,483	$18,137,456	+10.4%	14	before history	0.72%
LRCX	Lam Research Corp Technology	Reduced	40,793	-684	$17,676,830	+99.5%	14	before history	0.70%
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	Added	404,553	+18,342	$17,452,416	+14.6%	14	before history	0.69%
FTNT	Fortinet, Inc. Technology	Reduced	109,573	-14,555	$16,832,604	+65.9%	8	$76.15	0.67%
JTEK	JPMorgan U.S. Tech Leaders ETF	Added	150,776	+8,419	$16,819,364	+48.5%	3	$87.73	0.67%
MMM	3M Co Industrials	Added	102,279	+122	$16,559,992	+11.6%	13	unpriced	0.66%
IWM	iShares Russell 2000 ETF PUT CALL + SHARES	Added	55,039	+2,040	$16,536,467	+25.8%	14	before history	0.66%
JMBS	Janus Henderson Mortgage-Backed Securities ETF	Added	356,418	+44,735	$16,035,245	+13.9%	14	before history	0.64%
XOM	ExxonMobil Holdings Corp Energy	Reduced	116,769	-13,129	$15,964,657	−27.6%	14	before history	0.63%
WBD	Warner Bros. Discovery, Inc. CALL + SHARES Communication Services	Reduced	592,239	-1,821,495	$15,789,091	−76.2%	7	$9.52	0.63%
FLO	Flowers Foods Inc Consumer Defensive	NEW	1,987,882	NEW	$15,704,267	NEW	1	$8.01	0.62%
JIVE	JPMorgan International Value ETF	Added	169,449	+15,873	$15,581,513	+18.5%	3	$84.28	0.62%
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Added	132,979	+2,000	$15,276,627	+24.5%	14	before history	0.61%
JPM	Jpmorgan Chase & Co Financial Services	Added	46,612	+190	$15,257,505	+11.7%	14	before history	0.60%
GLW	Corning Inc Technology	Added	58,802	+6,061	$15,019,794	+109.4%	13	$52.24	0.60%
MU	Micron Technology Inc CALL + SHARES Technology	Reduced	12,863	-28,644	$14,847,632	+5.9%	10	$156.40	0.59%
VEA	Vanguard FTSE Developed Markets ETF	Added	202,032	+16,793	$14,394,780	+21.3%	14	before history	0.57%
ISPY	ProShares S&P 500 High Income ETF	Added	287,723	+8,405	$13,865,371	—	7	unpriced	0.55%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	71,882	+2,698	$13,694,958	+48.9%	14	before history	0.54%
VOO	VANGUARD 500 INDEX FUND	Added	19,196	+217	$13,184,004	+16.3%	14	before history	0.52%
CRDO	Credo Technology Group Holding Ltd CALL + SHARES Technology	NEW	48,179	NEW	$13,102,279	NEW	1	$197.59	0.52%

Showing the top 50 of 568 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.