SEC 13F Intelligence

Managers / Q2 2019 · view latest →

PA Capital LLC

CIK 0001766226 · RIVERFRONT PLAZA WEST, 901 EAST BYRD STREET, SUITE 1400, RICHMOND, VA, 23219 · 8042896000

Reported Value
$110M
Q2 2019
Positions
113
Filings on Record
9
2019–present window
Filed
Aug 8, 2019
original filing

Summary

Pa Capital LLC reported $110M in U.S.-listed holdings across 113 positions for Q2 2019.

Its largest position, RNST, represents 6.0% of the portfolio.

Compared with Q1 2019, the fund opened 21 new positions and exited 26.

Portfolio Metrics

Turnover
+22.8%
vs prior filed quarter
Top-10 Concentration
+33.3%
share of reported value
Largest Position
+6.0%
Renasant
New / Exited
21 / 26
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $112MQ1 ’19Q2 ’19: $110MQ2 ’19Q3 ’19: $102MQ3 ’19Q4 ’19: $113MQ4 ’19Q1 ’20: $113MQ1 ’20Q2 ’20: $138MQ2 ’20Q3 ’20: $142MQ3 ’20filingsflow.com

Portfolio Composition

By security type
Common Stock: 93.5%Other: 3.0%ETP: 1.4%PUBLIC: 1.1%US DOMESTIC: 0.8%ADR: 0.3%
  • Common Stock · 93.5% · $103M
  • Other · 3.0% · $3M
  • ETP · 1.4% · $2M
  • PUBLIC · 1.1% · $1M
  • US DOMESTIC · 0.8% · $844,000
  • ADR · 0.3% · $303,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BKLNINVESCO EXCHNG TRADED FD TRNEW+69.0K69.0K+$2M$2M
ZZILLOW GROUP INCNEW+29.6K29.6K+$1M$1M
IMXIINTERNATIONAL MNY EXPRESS INNEW+86.5K86.5K+$1M$1M
SINCLAIR BROADCAST GROUP INCNEW+22.5K22.5K+$1M$1M
XYZSQUARE INCNEW+16.6K16.6K+$1M$1M
PLANTRONICS INC NEWNEW+28.6K28.6K+$1M$1M
KURAKURA ONCOLOGY INCNEW+50.2K50.2K+$988,000$988,000
TESLA INCNEW+859.0K859.0K+$844,000$844,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2019

101 positions (from 108 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RNSTRENASANT CORPhistory →COM6.02%$7M184.0K
2BCMLBAYCOM CORPhistory →COM4.87%$5M244.5K
3BXCBLUELINX HLDGS INChistory →COM NEW3.82%$4M212.2K
4OSWONESPAWORLD HOLDINGS LIMITEDhistory →COM3.12%$3M221.0K
5GOOGALPHABET INChistory →CAP STK CL C2.88%$3M2.9K
6TWLOTWILIO INChistory →CL A2.75%$3M22.2K
7PROPROS HOLDINGS INChistory →COM2.74%$3M47.6K
8METAFACEBOOK INChistory →CL A2.71%$3M15.5K
9AMZNAMAZON COM INChistory →COM2.27%$2M1.3K
10UNHUNITEDHEALTH GROUP INChistory →COM2.09%$2M9.4K
11ZDJ2 GLOBAL INChistory →COM2.08%$2M25.8K
12AEROJET ROCKETDYNE HLDGS INCCOM1.95%$2M47.8K
13CASHMETA FINL GROUP INChistory →COM1.76%$2M69.1K
14UPLAND SOFTWARE INCCOM1.53%$2M36.9K
15DOMODOMO INChistory →COM CL B1.51%$2M60.8K
16TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.49%$2M5.6K
17CLARCLARUS CORP NEWhistory →COM1.45%$2M110.6K
18MSGSMADISON SQUARE GARDEN CO NEWhistory →CL A1.42%$2M5.6K
19FLEETCOR TECHNOLOGIES INCCOM1.38%$2M5.4K
20YEXTYEXT INChistory →COM1.35%$1M73.8K
21VVISA INChistory →COM CL A1.34%$1M8.5K
22ZZILLOW GROUP INChistory →CL C CAP STK1.25%$1M29.6K
23LBRDKLIBERTY BROADBAND CORPhistory →COM SER C1.18%$1M12.5K
24MAMASTERCARD INChistory →CL A1.16%$1M4.8K
25FISVFISERV INChistory →COM1.16%$1M14.0K
26WELBILT INCCOM1.11%$1M73.1K
27IMXIINTERNATIONAL MNY EXPRESS INhistory →COM1.11%$1M86.5K
28SINCLAIR BROADCAST GROUP INCCL A1.10%$1M22.5K
29XYZSQUARE INChistory →CL A1.10%$1M16.6K
30AVGOBROADCOM INChistory →COM1.09%$1M4.2K
31CACCCREDIT ACCEP CORP MICHhistory →COM1.09%$1M2.5K
32WHEELER REAL ESTATE INVT TRPFD CNV SER D · CV PFD SER B1.08%$1M84.6K
33PIVOTAL SOFTWARE INCCOM CL A1.06%$1M110.0K
34MSTRMICROSTRATEGY INChistory →CL A NEW1.04%$1M8.0K
35ZBHZIMMER BIOMET HLDGS INChistory →COM1.01%$1M9.4K
36BMYBRISTOL MYERS SQUIBB COCOM0.98%$1M23.6K
37QADAQAD INCCL A0.91%$996,00024.8K
38VMCVULCAN MATLS COCOM0.91%$995,0007.2K
39KURAKURA ONCOLOGY INCCOM0.90%$988,00050.2K
40CHGGCHEGG INCCOM0.81%$891,00023.1K
41SPGIS&P GLOBAL INCCOM0.81%$890,0003.9K
42EEFTEURONET WORLDWIDE INCCOM0.80%$876,0005.2K
43TRIVAGO N VSPON ADS A SHS0.78%$854,000202.9K
44TESLA INCNOTE 2.000% 5/10.77%$844,000859.0K
45CELGCELGENE CORPCOM0.76%$834,0009.0K
46EVENTBRITE INCCOM CL A0.73%$801,00049.5K
47DHRDANAHER CORPORATIONCOM0.73%$801,0005.6K
48EZPWEZCORP INCCL A NON VTG0.73%$799,00084.4K
49MTSIMACOM TECH SOLUTIONS HLDGS ICOM0.73%$797,00052.7K
50SITESITEONE LANDSCAPE SUPPLY INCCOM0.72%$790,00011.4K
51ADTADT INCCOM0.71%$785,000128.2K
52GCP APPLIED TECHNOLOGIES INCCOM0.69%$762,00033.6K
53SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.69%$757,00013.1K
54PLANTRONICS INC NEWCOM0.68%$750,00020.3K
55NATIONAL CINEMEDIA INCCOM0.67%$737,000112.4K
56CCKCROWN HOLDINGS INCCOM0.65%$719,00011.8K
57CSGPCOSTAR GROUP INCCOM0.64%$704,0001.3K
58WORKSLACK TECHNOLOGIES INCCOM CL A0.64%$702,00018.7K
59ALKALASKA AIR GROUP INCCOM0.64%$699,00010.9K
60REATA PHARMACEUTICALS INCCL A0.62%$679,0007.2K
61BALLBALL CORPCOM0.58%$641,0009.2K
62HABIT RESTAURANTS INCCOM CL A0.57%$632,00060.2K
63APOLLO GLOBAL MGMT LLCCL A SHS0.57%$626,00018.3K
64ADESTO TECHNOLOGIES CORPCOM0.54%$599,00073.5K
65LSCCLATTICE SEMICONDUCTOR CORPCOM0.54%$590,00040.4K
66IOVAIOVANCE BIOTHERAPEUTICS INCCOM0.51%$562,00022.9K
67ARENA PHARMACEUTICALS INCCOM NEW0.51%$557,0009.5K
68HANGER INCCOM NEW0.49%$544,00028.4K
69GTXGARRETT MOTION INCCOM0.47%$522,00034.0K
70EVO PMTS INCCL A COM0.46%$509,00016.1K
71VOYAVOYA FINL INCCOM0.44%$487,0008.8K
72MOBLMOBILEIRON INCCOM NEW0.44%$484,00078.0K
73AMERICAN OUTDOOR BRANDS CORPCOM0.44%$480,00053.3K
74BDQMALBIREO PHARMA INCCOM0.42%$466,00014.5K
75NEMNEWMONT GOLDCORP CORPORATIONCOM0.42%$463,00012.0K
76FOXFOX CORPCL B COM0.39%$430,00011.8K
77LPXLOUISIANA PAC CORPCOM0.38%$418,00015.9K
78HOMOLOGY MEDICINES INCCOM0.38%$416,00021.2K
79BFHALLIANCE DATA SYSTEMS CORPCOM0.38%$415,0003.0K
80CLOVIS ONCOLOGY INCCOM0.35%$382,00025.7K
81CNCCENTENE CORP DELCOM0.34%$379,0007.2K
82DDD3-D SYS CORP DELCOM NEW0.34%$374,00041.1K
83LUTHER BURBANK CORPCOM0.30%$332,00030.5K
84PTBPOTBELLY CORPCOM0.29%$318,00062.6K
85ENTERCOM COMMUNICATIONS CORPCL A0.28%$311,00053.7K
86JDJD COM INCSPON ADR CL A0.28%$303,00010.0K
87CICIGNA CORP NEWCOM0.26%$284,0001.8K
88BMRNBIOMARIN PHARMACEUTICAL INCCOM0.23%$250,0002.9K
89ALDXALDEYRA THERAPEUTICS INCCOM0.22%$242,00040.3K
90CATALYST BIOSCIENCES INCCOM NEW0.21%$231,00031.3K
91EFXEQUIFAX INCCOM0.19%$205,0001.5K
92RENEWABLE ENERGY GROUP INCCOM NEW0.16%$174,00011.0K
93UPWKUPWORK INCCOM0.15%$163,00010.2K
94OSPNONESPAN INCCOM0.14%$156,00011.0K
95ASSEMBLY BIOSCIENCES INCCOM0.14%$155,00011.5K
96TELIGENT INC NEWCOM0.10%$107,000169.9K
97ACTGACACIA RESH CORPACACIA TCH COM0.09%$99,00033.3K
98MOLECULAR TEMPLATES INCCOM0.09%$95,00011.4K
99SIERRA ONCOLOGY INCCOM0.08%$87,000155.0K
100ADMAADMA BIOLOGICS INCCOM0.04%$41,00010.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2020$142M187Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$138M184Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$113M175May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$113M136Feb 3, 202013F-HRchanges · EDGAR ↗
Q3 2019$102M127Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$110M113Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019REVEALED$112M117Jun 3, 2019RESTATEMENTchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 4 additional managers.

  • Greenhouse Funds LLLP028-17931
  • Prosight Management, LP028-18450
  • Steamboat Capital Partners, LLC028-17274
  • Whetstone Capital Advisors, LLC028-16139

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.