13F filing recap · Q2 2026

What did Patient Capital Management buy in Q2 2026?

Reported stock-position changes between this filing and the previous one.

Stock value

$3.01B

Positions

Estimated turnover

15.2%

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 Global Payments and Genius Sports while exiting its iShares Bitcoin Trust ETF. The firm substantially increased its Chime Financial stake and dramatically added to its Fidelity Wise Origin Bitcoin Fund. Notable trims included Illumina, Noble Corporation, and Dave & Buster’s Entertainment, while Adobe and Sofi Technologies saw moderate additions.

New positions

GPNGlobal Payments Inc.$68.37Mreported value+942.3K shares GENIGenius Sports Limited$4.93Mreported value+812.8K shares

Increased positions

UNHUnitedHealth Group Incorporated$181.95Mreported value+632 shares+0.1%AMZNAmazon.com Inc$162.32Mreported value+26.6K shares+4.1%NCLHNorwegian Cruise Line Holdings Ltd.$127.29Mreported value+280.0K shares+4.9%QXOQxo, Inc.$123.32Mreported value+358.3K shares

Reduced positions

RPRXRoyalty Pharma Plc$201.79Mreported value-44.9K shares-1.2%CCitigroup Inc$196.43Mreported value-10.4K shares-0.7%GOOGLAlphabet Inc.$187.89Mreported value-8.2K shares-1.5%NVDANvidia Corp$141.98Mreported value-1.5K shares

Exited positions

IBITiShares Bitcoin Trust ETF$42.26Mprior reported value-1.10M shares-100.0%