Patient Capital Management, LLC 13F: Quarter-over-Quarter Portfolio Changes
Patient Capital Management, LLC reported a disclosed portfolio value of approximately $3.0 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 12.2% quarter on quarter. Over the quarter, the manager initiated 2 new positions, bought more shares in 11 holdings, trimmed 24 holdings, and exited 1 position.
Patient Capital Management, LLC's top buy was a new stake in Global Pmts INC (GPN) , equal to 2.3% of the disclosed portfolio. Its top sell was Noble CORP PLC (NE) . The manager sold 92.6% of its previously reported shares, reducing the position's portfolio weight by 2.3 percentage points.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| GLOBAL PMTS INC | GPN | 2.3% | Holders → |
| GENIUS SPORTS LIMITED | GENI | 0.2% | Holders → |
Top BuysQ2 2026
Showing the top 10 buys among 11 existing positions where the manager bought more shares in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| FIDELITY WISE ORIGIN BITCOIN | FBTC | +1.3% | +244.1% | Holders → |
| CHIME FINL INC | CHYM | +0.8% | +41.7% | Holders → |
| ADOBE INC | ADBE | +-0.2% | +21.5% | Holders → |
| SOFI TECHNOLOGIES INC | SOFI | +0.1% | +13.5% | Holders → |
| COINBASE GLOBAL INC | COIN | +-0.6% | +7.3% | Holders → |
| PRECIGEN INC | PGEN | +1.0% | +6.8% | Holders → |
| QXO INC | QXO | +-0.8% | +5.3% | History → |
| NORWEGIAN CRUISE LINE HLDGS | NCLH | +0.2% | +4.9% | History → |
| AMAZON.COM INC | AMZN | +0.3% | +4.1% | History → |
| UNITEDHEALTH GROUP INC | UNH | +1.6% | +0.1% | History → |
Top SellsQ2 2026
Showing the top 10 sells among 24 existing positions where the manager sold shares in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| NOBLE CORP PLC | NE | -2.3% | 92.6% | Holders → |
| DAVE & BUSTERS ENTMT INC | PLAY | -0.4% | 82.3% | Holders → |
| ILLUMINA INC | ILMN | -0.5% | 36.6% | Holders → |
| BIOGEN INC | BIIB | -0.6% | 25.3% | Holders → |
| UBS GROUP AG | UBS | -0.2% | 23.2% | Holders → |
| DELTA AIR LINES INC | DAL | -0.0% | 22.0% | Holders → |
| GENERAL MOTORS CO | GM | -0.5% | 15.2% | Holders → |
| PEOPLE INC | IAC | -0.3% | 10.2% | Holders → |
| ONEMAIN HLDGS INC | OMF | -0.1% | 10.1% | Holders → |
| TEMPUS AI INC | TEM | 0.0% | 9.4% | Holders → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| ISHARES BITCOIN TRUST ETF | IBIT | 1.6% |
Net Portfolio Value ChangeQ2 2026
- $2.7BPrior quarter
- $3.0BCurrent quarter
- +$0.3BNet delta
- +12.2%% change
Methodology & FAQ
How Patient Capital Management, LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Patient Capital Management, LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did Patient Capital Management, LLC buy in Q2 2026?
In Q2 2026, Patient Capital Management, LLC initiated 2 new positions (GLOBAL PMTS INC (GPN), GENIUS SPORTS LIMITED (GENI)); bought more shares of FIDELITY WISE ORIGIN BITCOIN (FBTC), CHIME FINL INC (CHYM), ADOBE INC (ADBE), SOFI TECHNOLOGIES INC (SOFI), COINBASE GLOBAL INC (COIN) (the largest 5 of 11 adds).
What stocks did Patient Capital Management, LLC sell in Q2 2026?
In Q2 2026, Patient Capital Management, LLC fully sold 1 position (ISHARES BITCOIN TRUST ETF (IBIT)); reduced holdings in NOBLE CORP PLC (NE), DAVE & BUSTERS ENTMT INC (PLAY), ILLUMINA INC (ILMN), BIOGEN INC (BIIB), UBS GROUP AG (UBS) (the largest 5 of 24 reductions).
Which positions did Patient Capital Management, LLC initiate in Q2 2026?
Patient Capital Management, LLC established 2 new positions in Q2 2026: GLOBAL PMTS INC (GPN, 2.3%), GENIUS SPORTS LIMITED (GENI, 0.2%).
Which existing positions saw the largest allocation increases for Patient Capital Management, LLC in Q2 2026?
Of 11 existing positions with share-count increases in Q2 2026, the largest were: FIDELITY WISE ORIGIN BITCOIN (FBTC, +1.3% weight, +244.1% shares), CHIME FINL INC (CHYM, +0.8% weight, +41.7% shares), ADOBE INC (ADBE, +-0.2% weight, +21.5% shares), SOFI TECHNOLOGIES INC (SOFI, +0.1% weight, +13.5% shares), COINBASE GLOBAL INC (COIN, +-0.6% weight, +7.3% shares), PRECIGEN INC (PGEN, +1.0% weight, +6.8% shares), QXO INC (QXO, +-0.8% weight, +5.3% shares), NORWEGIAN CRUISE LINE HLDGS (NCLH, +0.2% weight, +4.9% shares), AMAZON.COM INC (AMZN, +0.3% weight, +4.1% shares), UNITEDHEALTH GROUP INC (UNH, +1.6% weight, +0.1% shares).
Which positions did Patient Capital Management, LLC fully exit in Q2 2026?
Patient Capital Management, LLC fully exited 1 position in Q2 2026: ISHARES BITCOIN TRUST ETF (IBIT, last-reported weight 1.6%).
Which existing positions saw the largest allocation reductions for Patient Capital Management, LLC in Q2 2026?
Of 24 existing positions with share-count reductions in Q2 2026, the largest were: NOBLE CORP PLC (NE, -2.3% weight, -92.6% shares), DAVE & BUSTERS ENTMT INC (PLAY, -0.4% weight, -82.3% shares), ILLUMINA INC (ILMN, -0.5% weight, -36.6% shares), BIOGEN INC (BIIB, -0.6% weight, -25.3% shares), UBS GROUP AG (UBS, -0.2% weight, -23.2% shares), DELTA AIR LINES INC (DAL, -0.0% weight, -22.0% shares), GENERAL MOTORS CO (GM, -0.5% weight, -15.2% shares), PEOPLE INC (IAC, -0.3% weight, -10.2% shares), ONEMAIN HLDGS INC (OMF, -0.1% weight, -10.1% shares), TEMPUS AI INC (TEM, 0.0% weight, -9.4% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.