SEC 13F Intelligence

Managers / Q1 2020 · view latest →

PA Capital LLC

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

Reported Value
$113M
Q1 2020
Positions
175
Filings on Record
9
2019–present window
Filed
May 11, 2020
original filing

Summary

Pa Capital LLC reported $113M in U.S.-listed holdings across 175 positions for Q1 2020.

Its largest position, RNST, represents 3.6% of the portfolio.

Compared with Q4 2019, the fund opened 64 new positions and exited 30.

Portfolio Metrics

Turnover
+33.8%
vs prior filed quarter
Top-10 Concentration
+20.4%
share of reported value
Largest Position
+3.6%
Renasant
New / Exited
64 / 30
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: 92.3%Other: 3.9%REIT: 1.7%US DOMESTIC: 1.6%PUBLIC: 0.5%
  • Common Stock · 92.3% · $104M
  • Other · 3.9% · $4M
  • REIT · 1.7% · $2M
  • US DOMESTIC · 1.6% · $2M
  • PUBLIC · 0.5% · $596,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SCHWSCHWAB CHARLES CORPNEW+53.2K53.2K+$2M$2M
BIGGQBIG LOTS INCNEW+108.4K108.4K+$2M$2M
SPLUNK INCNEW+9.2K9.2K+$1M$1M
HCAHCA HEALTHCARE INCNEW+12.2K12.2K+$1M$1M
USFDUS FOODS HLDG CORPNEW+60.9K60.9K+$1M$1M
HOMEAT HOME GROUP INCNEW+533.1K533.1K+$1M$1M
GPNGLOBAL PMTS INCNEW+6.5K6.5K+$939,000$939,000
IQVIQVIA HLDGS INCNEW+8.3K8.3K+$896,000$896,000

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

Holdings — Q1 2020

157 positions (from 171 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RNSTRENASANT CORPhistory →COM3.55%$4M184.0K
2GOOGALPHABET INChistory →CAP STK CL C2.70%$3M2.6K
3METAFACEBOOK INChistory →CL A2.60%$3M17.6K
4BCMLBAYCOM CORPhistory →COM1.82%$2M171.2K
5AMZNAMAZON COM INChistory →COM1.75%$2M1.0K
6EEFTEURONET WORLDWIDE INChistory →COM1.68%$2M22.2K
7VCTRVICTORY CAP HLDGS INChistory →COM CL A1.67%$2M115.4K
8SCHWSCHWAB CHARLES CORPhistory →COM1.58%$2M53.2K
9AEROJET ROCKETDYNE HLDGS INCCOM1.53%$2M41.3K
10TWLOTWILIO INChistory →CL A1.52%$2M19.2K
11IMXIINTERNATIONAL MNY EXPRESS INhistory →COM1.49%$2M184.3K
12OSWONESPAWORLD HOLDINGS LIMITEDhistory →COM1.48%$2M410.9K
13MSFTMICROSOFT CORPhistory →COM1.44%$2M10.4K
14EZPWEZCORP INChistory →CL A NON VTG1.44%$2M389.3K
15TESLA INCNOTE 2.000% 5/11.39%$2M859.0K
16BIGGQBIG LOTS INChistory →COM1.36%$2M108.4K
17ALLERGAN PLCSHS1.25%$1M7.9K
18STARS GROUP INCCOM1.20%$1M66.2K
19UPLAND SOFTWARE INCCOM1.15%$1M48.6K
20ARENA PHARMACEUTICALS INCCOM NEW1.14%$1M30.7K
21CHGGCHEGG INChistory →COM1.13%$1M35.6K
22XYZSQUARE INChistory →CL A1.09%$1M23.4K
23MAMASTERCARD INChistory →CL A1.06%$1M4.9K
24IOVAIOVANCE BIOTHERAPEUTICS INChistory →COM1.04%$1M39.3K
25SPLUNK INCCOM1.03%$1M9.2K
26TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.02%$1M4.1K
27ESTCELASTIC N VORD SHS1.00%$1M20.2K
28HCAHCA HEALTHCARE INCCOM0.97%$1M12.2K
29USFDUS FOODS HLDG CORPCOM0.95%$1M60.9K
30HOMEAT HOME GROUP INCCOM0.95%$1M533.1K
31INFINERA CORPCOM0.93%$1M199.3K
32NETCLOUDFLARE INCCL A COM0.93%$1M44.7K
33CLWCLEARWATER PAPER CORPCOM0.92%$1M47.5K
34SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.90%$1M23.3K
35UNHUNITEDHEALTH GROUP INCCOM0.89%$1M4.1K
36FISVFISERV INCCOM0.89%$1M10.6K
37FOXAFOX CORPCL A COM0.89%$1M42.4K
38KURAKURA ONCOLOGY INCCOM0.88%$998,000100.3K
39VVISA INCCOM CL A0.87%$982,0006.1K
40GPNGLOBAL PMTS INCCOM0.83%$939,0006.5K
41MSTRMICROSTRATEGY INCCL A NEW0.82%$927,0007.8K
42ZBHZIMMER BIOMET HOLDINGS INCCOM0.80%$908,0009.0K
43IQVIQVIA HLDGS INCCOM0.79%$896,0008.3K
44SITESITEONE LANDSCAPE SUPPLY INCCOM0.79%$888,00012.1K
45BXMTBLACKSTONE MTG TR INCCOM CL A · NOTE 4.375% 5/00.79%$888,000109.0K
46ALXNALEXION PHARMACEUTICALS INCCOM0.78%$886,0009.9K
47ZYNGA INCCL A0.78%$880,000128.5K
48VMCVULCAN MATLS COCOM0.77%$871,0008.1K
49PDPAGERDUTY INCCOM0.76%$860,00049.8K
50DOMODOMO INCCOM CL B0.76%$857,00086.3K
51TALLGRASS ENERGY LPCLASS A SHS0.76%$854,00051.9K
52LBRDKLIBERTY BROADBAND CORPCOM SER C0.75%$851,0007.7K
53CLARCLARUS CORP NEWCOM0.74%$842,00085.9K
54RAYTHEON COCOM NEW0.74%$838,0006.4K
55QUREUNIQURE NVSHS0.72%$817,00017.2K
56LVGOLIVONGO HEALTH INCCOM0.72%$811,00028.4K
57RAMPLIVERAMP HLDGS INCCOM0.71%$806,00024.5K
58GLUUGLU MOBILE INCCOM0.71%$800,000127.3K
59REATA PHARMACEUTICALS INCCL A0.71%$799,0005.5K
60FLEETCOR TECHNOLOGIES INCCOM0.70%$788,0004.2K
61EAELECTRONIC ARTS INCCOM0.67%$759,0007.6K
62PLURALSIGHT INCCOM CL A0.67%$755,00068.8K
63LMTLOCKHEED MARTIN CORPCOM0.67%$752,0002.2K
64PINSPINTEREST INCCL A0.64%$729,00047.2K
65OSPNONESPAN INCCOM0.64%$722,00039.8K
66ITGARTNER INCCOM0.59%$662,0006.6K
67PPD INCCOM0.58%$661,00037.1K
68BCCBOISE CASCADE CO DELCOM0.58%$661,00027.8K
69UTHRUNITED THERAPEUTICS CORP DELCOM0.58%$659,0007.0K
70QUAKER CHEM CORPCOM0.58%$656,0005.2K
71HAINHAIN CELESTIAL GROUP INCCOM0.57%$650,00025.0K
72TWTRADEWEB MKTS INCCL A0.53%$602,00014.3K
73WHEELER REAL ESTATE INVT TRPFD CNV SER D · CV PFD SER B0.53%$596,00077.6K
74CUE BIOPHARMA INCCOM0.51%$578,00040.7K
75SPBSPECTRUM BRANDS HLDGS INC NECOM0.51%$571,00015.7K
76CNCCENTENE CORP DELCOM0.50%$566,0009.5K
77SPGIS&P GLOBAL INCCOM0.49%$556,0002.3K
78NVECNVE CORPCOM NEW0.49%$554,00010.6K
79EVO PMTS INCCL A COM0.48%$541,00035.4K
80CASHMETA FINL GROUP INCCOM0.47%$534,00024.6K
81APPSDIGITAL TURBINE INCCOM NEW0.47%$534,000124.0K
82MEIRAGTX HOLDINGS PLCCOM0.46%$525,00039.0K
83QADAQAD INCCL A0.46%$517,00013.0K
84TDGTRANSDIGM GROUP INCCOM0.45%$514,0001.6K
85GEFGREIF INCCL A0.45%$511,00016.4K
86AC IMMUNE SASHS0.45%$507,00073.3K
87SPWHSPORTSMANS WHSE HLDGS INCCOM0.45%$506,00082.2K
88NATIONAL CINEMEDIA INCCOM0.44%$500,000153.5K
89RAHRECRO PHARMA INCCOM0.43%$488,00059.7K
90BXBLACKSTONE GROUP INCCOM CL A0.42%$477,00010.5K
91FLWSFLWS/1-800 FLOWERSCL A0.41%$463,00035.0K
92ACREARES COML REAL ESTATE CORPCOM0.41%$459,00065.6K
93DAKTDAKTRONICS INCCOM0.40%$453,00091.9K
94DHRDANAHER CORPORATIONCOM0.40%$449,0003.2K
95JOUTJOHNSON OUTDOORS INCCL A0.39%$445,0007.1K
96CICIGNA CORP NEWCOM0.39%$442,0002.5K
97MAXAR TECHNOLOGIES INCCOM0.38%$435,00040.7K
98BMYBRISTOL-MYERS SQUIBB COCOM0.38%$434,0007.8K
99IIININSTEEL INDUSTRIES INCCOM0.38%$432,00032.6K
100GCP APPLIED TECHNOLOGIES INCCOM0.38%$430,00024.2K

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 ↗.