Patient Capital Management, LLC: IAC INC. (IAC): Quarterly 13F Position History
As of Q1 2026, Patient Capital Management, LLC reported 2,699,564 shares of IAC INC. (IAC), worth $108.1M and representing 4.0% of its 13F equity book. Quarter-over-quarter share count change: + 325,514 (+13.7%) . The position first appeared in Q2 2023 and has been disclosed across 12 13F-HR filings in Pactolio's tracked window.
- 2,699,564Shares Held (Latest Filing)
- $108.1MReported Market Value (Latest Filing)
- 4.0%Portfolio Weight (% of 13F Equity Book)
- +325,514Quarter-over-Quarter Share Change
- +$15.2MQuarter-over-Quarter Value Change
- 2,699,564Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 12 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,699,564 | +325,514 | +13.7% | $108.1M | 4.0% | $40.0 |
| Q4 2025 | 2,374,050 | +265,805 | +12.6% | $92.8M | 3.6% | $39.1 |
| Q3 2025 | 2,108,245 | +369,239 | +21.2% | $71.8M | 2.9% | $34.1 |
| Q2 2025 | 1,739,006 | +54,343 | +3.2% | $64.9M | 2.9% | $37.3 |
| Q1 2025 | 1,684,663 | +17,402 | +1.0% | $77.4M | 4.0% | $45.9 |
| Q4 2024 | 1,667,261 | +3,727 | +0.2% | $71.9M | 3.3% | $43.1 |
| Q3 2024 | 1,663,534 | +66,065 | +4.1% | $89.5M | 4.4% | $53.8 |
| Q2 2024 | 1,597,469 | +160,158 | +11.1% | $74.8M | 4.0% | $46.9 |
| Q1 2024 | 1,437,311 | +70,373 | +5.1% | $76.7M | 3.7% | $53.3 |
| Q4 2023 | 1,366,938 | +97,938 | +7.7% | $71.6M | 3.8% | $52.4 |
| Q3 2023 | 1,269,000 | +584,328 | +85.3% | $63.9M | 3.8% | $50.4 |
| Q2 2023 | 684,672 | — | — | $43.0M | 2.4% | $62.8 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Patient Capital Management, LLC first disclose a IAC position in 13F-HR filings?
Patient Capital Management, LLC first reported IAC INC. (IAC) on its 13F-HR filing for the period ending 2023-06-30 (Q2 2023). The position has appeared on 12 reported quarters within Pactolio's tracked window.
What was Patient Capital Management, LLC's most recent quarter-over-quarter share-count change in IAC?
Between Q4 2025 and Q1 2026, Patient Capital Management, LLC added 325,514 shares of IAC (+13.7%), bringing the total reported position to 2,699,564 shares at a market value of $108.1M.
Does the implied price-per-share represent Patient Capital Management, LLC's cost basis in IAC?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.