SEC 13F Intelligence

Managers / Q4 2019 · view latest →

PA Capital LLC

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

Reported Value
$113M
Q4 2019
Positions
136
Filings on Record
10
2019–present window
Filed
Feb 3, 2020
original filing

Summary

Pa Capital LLC reported $113M in U.S.-listed holdings across 136 positions for Q4 2019.

Its largest position, RNST, represents 5.8% of the portfolio.

Compared with Q3 2019, the fund opened 39 new positions and exited 27.

Portfolio Metrics

Turnover
+29.7%
vs prior filed quarter
Top-10 Concentration
+27.3%
share of reported value
Largest Position
+5.8%
Renasant
New / Exited
39 / 27
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
Q4 ’18: $95MQ4 ’18Q1 ’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: 94.0%Other: 3.1%US DOMESTIC: 1.1%PUBLIC: 0.9%ETP: 0.7%ADR: 0.2%
  • Common Stock · 94.0% · $106M
  • Other · 3.1% · $4M
  • US DOMESTIC · 1.1% · $1M
  • PUBLIC · 0.9% · $975,000
  • ETP · 0.7% · $800,000
  • ADR · 0.2% · $215,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RNSTRENASANT CORPNEW+184.0K184.0K+$7M$7M
BCMLBAYCOM CORPNEW+171.2K171.2K+$4M$4M
LOGMEIN INCNEW+22.0K22.0K+$2M$2M
VCTRVICTORY CAP HLDGS INCNEW+79.7K79.7K+$2M$2M
BCCBOISE CASCADE CO DELNEW+27.8K27.8K+$1M$1M
CLWCLEARWATER PAPER CORPNEW+47.5K47.5K+$1M$1M
QUAKER CHEM CORPNEW+5.2K5.2K+$855,000$855,000
VANECK VECTORS ETF TRUSTNEW+60.4K60.4K+$800,000$800,000

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

Holdings — Q4 2019

123 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RNSTRENASANT CORPhistory →COM5.76%$7M184.0K
2OSWONESPAWORLD HOLDINGS LIMITEDhistory →COM3.89%$4M260.9K
3BCMLBAYCOM CORPhistory →COM3.44%$4M171.2K
4GOOGALPHABET INChistory →CAP STK CL C2.93%$3M2.5K
5METAFACEBOOK INChistory →CL A2.93%$3M16.1K
6TWLOTWILIO INChistory →CL A1.84%$2M21.2K
7STARS GROUP INCCOM1.82%$2M78.8K
8AMZNAMAZON COM INChistory →COM1.62%$2M989
9CASHMETA FINL GROUP INChistory →COM1.55%$2M47.9K
10VCTRVICTORY CAP HLDGS INChistory →COM CL A1.48%$2M79.7K
11AEROJET ROCKETDYNE HLDGS INCCOM1.47%$2M36.5K
12EZPWEZCORP INChistory →CL A NON VTG1.40%$2M232.6K
13INFINERA CORPORATIONCOM1.39%$2M198.7K
14FOXAFOX CORPhistory →CL A COM1.36%$2M42.4K
15UNHUNITEDHEALTH GROUP INChistory →COM1.32%$1M5.1K
16XYZSQUARE INChistory →CL A1.32%$1M23.8K
17CLARCLARUS CORP NEWhistory →COM1.29%$1M108.0K
18UPLAND SOFTWARE INCCOM1.29%$1M40.9K
19TESLA INCNOTE 2.000% 5/11.15%$1M859.0K
20MSGSMADISON SQUARE GARDEN CO NEWhistory →CL A1.15%$1M4.4K
21CHGGCHEGG INChistory →COM1.13%$1M33.6K
22LBRDKLIBERTY BROADBAND CORPhistory →COM SER C1.10%$1M9.9K
23TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.09%$1M3.8K
24ZBHZIMMER BIOMET HLDGS INChistory →COM1.06%$1M8.0K
25IMXIINTERNATIONAL MNY EXPRESS INhistory →COM1.06%$1M99.8K
26DOMODOMO INChistory →COM CL B1.03%$1M53.8K
27NATIONAL CINEMEDIA INCCOM1.03%$1M159.4K
28VVISA INChistory →COM CL A1.02%$1M6.2K
29EVENTBRITE INCCOM CL A1.02%$1M57.1K
30MSTRMICROSTRATEGY INChistory →CL A NEW1.00%$1M8.0K
31EVO PMTS INCCL A COM1.00%$1M42.7K
32MAMASTERCARD INCCL A0.99%$1M3.8K
33QUREUNIQURE NVSHS0.93%$1M14.7K
34WELBILT INCCOM0.92%$1M66.6K
35SITESITEONE LANDSCAPE SUPPLY INCCOM0.91%$1M11.3K
36YEXTYEXT INCCOM0.90%$1M70.9K
37FISVFISERV INCCOM0.90%$1M8.8K
38BCCBOISE CASCADE CO DELCOM0.90%$1M27.8K
39CLWCLEARWATER PAPER CORPCOM0.90%$1M47.5K
40MSFTMICROSOFT CORPCOM0.87%$982,0006.2K
41WHEELER REAL ESTATE INVT TRPFD CNV SER D · CV PFD SER B0.86%$975,00074.0K
42CACCCREDIT ACCEP CORP MICHCOM0.85%$956,0002.2K
43ALKALASKA AIR GROUP INCCOM0.84%$952,00014.1K
44DELLDELL TECHNOLOGIES INCCL C0.83%$939,00018.3K
45ARENA PHARMACEUTICALS INCCOM NEW0.82%$922,00020.3K
46FLEETCOR TECHNOLOGIES INCCOM0.79%$890,0003.1K
47SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.78%$881,00014.3K
48KURAKURA ONCOLOGY INCCOM0.78%$881,00064.1K
49UTHRUNITED THERAPEUTICS CORP DELCOM0.78%$878,00010.0K
50QADAQAD INCCL A0.76%$856,00016.8K
51QUAKER CHEM CORPCOM0.76%$855,0005.2K
52ADTADT INCCOM0.75%$846,000106.7K
53VANECK VECTORS ETF TRUSTOIL SVCS ETF0.71%$800,00060.4K
54REATA PHARMACEUTICALS INCCL A0.70%$794,0003.9K
55ITGARTNER INCCOM0.70%$787,0005.1K
56GLUUGLU MOBILE INCCOM0.67%$763,000126.1K
57HABIT RESTAURANTS INCCOM CL A0.67%$754,00072.3K
58ZYNGA INCCL A0.66%$751,000122.7K
59GEFGREIF INCCL A0.64%$726,00016.4K
60NETCLOUDFLARE INCCL A COM0.64%$726,00042.5K
61LVGOLIVONGO HEALTH INCCOM0.64%$725,00028.9K
62EAELECTRONIC ARTS INCCOM0.64%$723,0006.7K
63SPBSPECTRUM BRANDS HLDGS INC NECOM0.64%$720,00011.2K
64ESTCELASTIC N VORD SHS0.63%$713,00011.1K
65PLANTRONICS INC NEWCOM0.63%$712,00026.1K
66VMCVULCAN MATLS COCOM0.60%$684,0004.7K
67IOVAIOVANCE BIOTHERAPEUTICS INCCOM0.59%$672,00024.3K
68EEFTEURONET WORLDWIDE INCCOM0.59%$663,0004.2K
69PLURALSIGHT INCCOM CL A0.58%$656,00038.1K
70MEIRAGTX HOLDINGS PLCCOM0.57%$647,00032.3K
71SPGIS&P GLOBAL INCCOM0.55%$626,0002.3K
72ALLERGAN PLCSHS0.55%$619,0003.2K
73MDBMONGODB INCCL A0.55%$619,0004.7K
74TRIVAGO N VSPON ADS A SHS0.50%$569,000217.0K
75CNCCENTENE CORP DELCOM0.50%$560,0008.9K
76DAKTDAKTRONICS INCCOM0.50%$560,00091.9K
77RAMPLIVERAMP HLDGS INCCOM0.49%$558,00011.6K
78ARQULE INCCOM0.49%$555,00027.8K
79NVECNVE CORPCOM NEW0.49%$554,0007.8K
80BMYBRISTOL MYERS SQUIBB COCOM0.49%$554,0008.6K
81SONIM TECHNOLOGIES INCCOM0.47%$537,000147.9K
82VOYAVOYA FINL INCCOM0.47%$537,0008.8K
83ALDXALDEYRA THERAPEUTICS INCCOM0.45%$513,00088.3K
84DHRDANAHER CORPORATIONCOM0.44%$502,0003.3K
85BMRNBIOMARIN PHARMACEUTICAL INCCOM0.43%$491,0005.8K
86IIININSTEEL INDUSTRIES INCCOM0.43%$484,00022.5K
87NWPXNORTHWEST PIPE COCOM0.41%$466,00014.0K
88CROXCROCS INCCOM0.41%$461,00011.0K
89URGNUROGEN PHARMA LTDCOM0.40%$450,00013.5K
90CARE COM INCCOM0.39%$436,00029.0K
91MHKMOHAWK INDS INCCOM0.37%$423,0003.1K
92JOUTJOHNSON OUTDOORS INCCL A0.34%$390,0005.1K
93BDQMALBIREO PHARMA INCCOM0.34%$388,00015.3K
94WORKSLACK TECHNOLOGIES INCCOM CL A0.34%$385,00017.1K
95GTXGARRETT MOTION INCCOM0.34%$385,00038.5K
96MCSMARCUS CORPCOM0.32%$360,00011.3K
97LUTHER BURBANK CORPCOM0.31%$351,00030.5K
98CPSCOOPER STD HLDGS INCCOM0.30%$340,00010.3K
99GCP APPLIED TECHNOLOGIES INCCOM0.28%$312,00013.8K
100NVSTENVISTA HLDGS CORPCOM0.27%$310,00010.4K

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 ↗
Q4 2018$95M116Feb 14, 201913F-HRchanges · 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 ↗.