13F filing recap · Q1 2025
What did Patient Capital Management buy in Q1 2025?
Reported stock-position changes between this filing and the previous one.
Stock value
$1.94B
Positions
39
Estimated turnover
15.4%
Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.
Quarter in review
Patient Capital Management opened new positions in New Fortress Energy, Carvana, and Clear Secure, while exiting Chesapeake Energy, Everi Holdings, Fiserv, the SPDR S&P 500 ETF Trust, Teva Pharmaceutical, Travel & Leisure, and Western Alliance Bancorporation. The firm substantially added to Norwegian Cruise Line and sharply increased its Fidelity Wise Origin Bitcoin Fund and JD.com stakes. It trimmed Alibaba, Onemain Holdings, Sofi Technologies, Delta Air Lines, Canada Goose, and Peloton, and substantially reduced Expedia Group.