Peirce Capital Management, LLC

Registered adviser

CIK

2008166

Location

THE WOODLANDS, TX

Portfolio Value

Small $270,686,678

Diversification

Moderately concentrated

Filing Date

Global Rank

#5,493 / 8,814 ▼ 217 · as of Jun 2026

Top Industry

Software - Infrastructure 17.9%

3Y Alpha vs SPY

-2.8%

Period ended 22 days ago

Filed Oct 19, 2026 · 3d

12 quarters · since Dec 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 142654

Roster of Oct 1, 2026

Regulatory AUM

$534,142,874

Main clients

Individuals and high net worth (100% of AUM)

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	$534,142,874	Individuals and high net worth (100%)
Apr 2025 to Mar 2026	$456,828,126	Individuals and high net worth (100%)
Apr 2024 to Mar 2025	$407,235,039	Individuals and high net worth (100%)
May 2023 to Mar 2024	$360,169,343	Individuals and high net worth (100%)
Apr 2023	$360,169,343	Individuals and high net worth (100%)
Apr 2022 to Mar 2023	$390,163,604	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, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 97.2% of the book (60%+)

Turnover

Low turnover

14.4% over the last four quarters (under 30%)

Horizon

Medium horizon

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

Closest benchmark: every 13F filer's combined book, active share 91.0%; sector active share 85.1% against the combined 13F book's sector weights.

Over time 11 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

47 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

40.1%

−0.2 pts

Top 5

91.4%

−0.4 pts

Top 10

97.0%

−0.3 pts

HHI

2,387

Moderately concentrated−17

Portfolio Trend

12 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	97.0%	$262,480,525	33
Technology	1.1%	$3,094,378	4
Energy	1.0%	$2,619,124	5
Consumer Cyclical	0.4%	$1,048,833	2
Healthcare	0.3%	$745,752	2
Industrials	0.3%	$698,066	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

22 positions

Ticker	Company	Δ Shares	Shares	Value
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+9,925	272,308	$15,428,971
DFSD	Dimensional Short-Duration Fixed Income ETF	+7,205	199,717	$9,281,248
DFIC	Dimensional International Core Equity 2 ETF	+5,222	74,874	$2,816,011
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	+3,434	131,232	$6,459,239
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	+2,596	461,934	$18,348,018
NVDA	Nvidia Corp	+634	4,538	$1,036,388
IDEV	iShares Core MSCI International Developed Markets ETF	+596	190,515	$17,047,282
AMZN	Amazon Com Inc	+456	1,652	$411,595
CMC	COMMERCIAL METALS Co	+275	11,241	$698,066
LNG	Cheniere Energy, Inc.	+183	1,440	$387,403
CVX	Chevron Corp	+179	2,294	$468,457
TSLA	Tesla, Inc.	+139	1,796	$637,238
ITOT	iShares Core S&P Total U.S. Stock Market ETF	+116	167,052	$27,777,406
AAPL	Apple Inc.	+103	1,032	$343,676
ABBV	AbbVie Inc.	+67	940	$245,894
MU	Micron Technology Inc	+53	227	$241,779
LLY	ELI LILLY & Co	+29	432	$499,858
DFGR	Dimensional Global Real Estate ETF	+21	244,313	$6,608,666
XOM	ExxonMobil Holdings Corp	+10	4,737	$770,946
VB	Vanguard Index Funds	+6	1,984	$564,428
TALO	Talos Energy Inc.	+2	36,510	$596,208
ESGV	VANGUARD ESG U.S. STOCK ETF	+1	5,884	$797,458
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
BSVO	EA Bridgeway Omni Small-Cap Value ETF	−10,123	962,849	$26,920,295
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	−7,106	205,586	$7,610,793
DFAC	Dimensional U.S. Core Equity 2 ETF	−4,392	741,843	$32,974,921
DFSV	Dimensional US Small Cap Value ETF	−4,307	15,626	$585,506
DFUV	Dimensional U.S. Marketwide Value ETF	−4,254	174,341	$9,588,755
AVUV	Avantis U.S. Small Cap Value ETF	−3,446	213,165	$25,104,442
DFIV	Dimensional International Value ETF	−2,144	294,270	$16,437,922
DFAT	Dimensional U.S. Targeted Value ETF	−1,844	13,913	$924,379
REET	iShares Global REIT ETF	−1,505	43,707	$1,126,766
DISV	Dimensional International Small Cap Value ETF	−1,344	39,976	$1,730,561
DFAU	Dimensional US Core Equity Market ETF	−840	25,214	$1,320,205
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−717	10,232	$3,829,223
SPTM	State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	−577	7,415	$682,550
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	−314	27,446	$1,378,063
AVDV	Avantis International Small Cap Value ETF	−259	222,493	$24,336,284
DFAE	Dimensional Emerging Core Equity Market ETF	−246	8,970	$352,610
RSP	Victory Portfolios II	−141	2,169	$0
MSFT	Microsoft Corp	−136	2,871	$1,472,535
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
IVV	iShares Core S&P 500 ETF	786	$601,958
FANG	Diamondback Energy, Inc.	2,155	$396,110
MOAT	VanEck Morningstar Wide Moat ETF	3,510	$371,042
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
COP	Conocophillips	2,674	$277,989
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

47 tracked positions · $270,686,678 total · filing declares 47 positions · $272,154,638 · as of Sep 30, 2026

All sectors Consumer Cyclical Energy Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
DFAC	Dimensional U.S. Core Equity 2 ETF	Reduced	741,843	-4,392	$32,974,921	−0.4%	12.18%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Added	167,052	+116	$27,777,406	+1.3%	10.26%
BSVO	EA Bridgeway Omni Small-Cap Value ETF	Reduced	962,849	-10,123	$26,920,295	−5.2%	9.95%
AVUV	Avantis U.S. Small Cap Value ETF	Reduced	213,165	-3,446	$25,104,442	−7.1%	9.27%
AVDV	Avantis International Small Cap Value ETF	Reduced	222,493	-259	$24,336,284	+6.0%	8.99%
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Added	461,934	+2,596	$18,348,018	−1.7%	6.78%
IDEV	iShares Core MSCI International Developed Markets ETF	Added	190,515	+596	$17,047,282	+0.8%	6.30%
DFIV	Dimensional International Value ETF	Reduced	294,270	-2,144	$16,437,922	+2.7%	6.07%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Added	272,308	+9,925	$15,428,971	−0.3%	5.70%
DFUV	Dimensional U.S. Marketwide Value ETF	Reduced	174,341	-4,254	$9,588,755	−2.4%	3.54%
DFSD	Dimensional Short-Duration Fixed Income ETF	Added	199,717	+7,205	$9,281,248	+1.0%	3.43%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Reduced	205,586	-7,106	$7,610,793	−2.9%	2.81%
DFGR	Dimensional Global Real Estate ETF	Added	244,313	+21	$6,608,666	−6.6%	2.44%
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	Added	131,232	+3,434	$6,459,239	+0.6%	2.39%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	10,232	-717	$3,829,223	−5.5%	1.41%
DFIC	Dimensional International Core Equity 2 ETF	Added	74,874	+5,222	$2,816,011	+8.5%	1.04%
DISV	Dimensional International Small Cap Value ETF	Reduced	39,976	-1,344	$1,730,561	+4.4%	0.64%
MSFT	Microsoft Corp Technology	Reduced	2,871	-136	$1,472,535	+31.3%	0.54%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Reduced	27,446	-314	$1,378,063	−1.5%	0.51%
DFAU	Dimensional US Core Equity Market ETF	Reduced	25,214	-840	$1,320,205	−2.0%	0.49%
REET	iShares Global REIT ETF	Reduced	43,707	-1,505	$1,126,766	−9.8%	0.42%
NVDA	Nvidia Corp Technology	Added	4,538	+634	$1,036,388	+32.7%	0.38%
DFAT	Dimensional U.S. Targeted Value ETF	Reduced	13,913	-1,844	$924,379	−16.1%	0.34%
ESGV	VANGUARD ESG U.S. STOCK ETF	Added	5,884	+1	$797,458	+2.5%	0.29%
XOM	ExxonMobil Holdings Corp Energy	Added	4,737	+10	$770,946	+19.3%	0.28%
CMC	COMMERCIAL METALS Co Industrials	Added	11,241	+275	$698,066	+1.4%	0.26%
SPTM	State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	Reduced	7,415	-577	$682,550	−5.9%	0.25%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,796	+139	$637,238	−8.6%	0.24%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Held	10,454	0	$620,026	−0.6%	0.23%
IVV	iShares Core S&P 500 ETF	NEW	786	NEW	$601,958	NEW	0.22%
IVLU	iShares MSCI Intl Value Factor ETF	Held	13,946	0	$598,143	+2.6%	0.22%
TALO	Talos Energy Inc. Energy	Added	36,510	+2	$596,208	+26.5%	0.22%
DFSV	Dimensional US Small Cap Value ETF	Reduced	15,626	-4,307	$585,506	−24.3%	0.22%
VB	Vanguard Index Funds	Added	1,984	+6	$564,428	−5.9%	0.21%
LLY	ELI LILLY & Co Healthcare	Added	432	+29	$499,858	+3.4%	0.18%
CVX	Chevron Corp Energy	Added	2,294	+179	$468,457	+33.6%	0.17%
AMZN	Amazon Com Inc Consumer Cyclical	Added	1,652	+456	$411,595	+44.4%	0.15%
FANG	Diamondback Energy, Inc. Energy	NEW	2,155	NEW	$396,110	NEW	0.15%
LNG	Cheniere Energy, Inc. Energy	Added	1,440	+183	$387,403	+28.9%	0.14%
MOAT	VanEck Morningstar Wide Moat ETF	NEW	3,510	NEW	$371,042	NEW	0.14%
DFAE	Dimensional Emerging Core Equity Market ETF	Reduced	8,970	-246	$352,610	−4.8%	0.13%
AAPL	Apple Inc. Technology	Added	1,032	+103	$343,676	+27.8%	0.13%
VUG	VANGUARD GROWTH INDEX FUND	Held	2,856	0	$257,354	+4.6%	0.10%
ABBV	AbbVie Inc. Healthcare	Added	940	+67	$245,894	+11.9%	0.09%
MU	Micron Technology Inc Technology	Added	227	+53	$241,779	+20.4%	0.09%
RSP	Victory Portfolios II	Reduced	2,169	-141	$0	−100.0%	0.00%
IEMG	iShares Trust	Held	12,530	0	$0	—	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.