Latest Pier Capital, LLC Stock Portfolio

Pier Capital, LLC Performance:

2024 Q3: 5.53%YTD: 10.54%2023: 22.49%

Performance for 2024 Q3 is 5.53%, and YTD is 10.54%, and 2023 is 22.49%.

About Pier Capital, LLC and 13F Hedge Fund Stock Holdings

Pier Capital, LLC is a hedge fund based in STAMFORD, CT. On 03-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $628.4 Millions. In it's latest 13F Holdings report, Pier Capital, LLC reported an equity portfolio of $709.7 Millions as of 30 Sep, 2024.

The top stock holdings of Pier Capital, LLC are AIT, PNFP, BOOT. The fund has invested 1.8% of it's portfolio in APPLIED INDUSTRIAL TECHNOLOGIES INC and 1.6% of portfolio in PINNACLE FINANCIAL PARTNERS INC.

The fund managers got completely rid off ONTO INNOVATION INC (ONTO), SMARTSHEET INC (SMAR) and REDDIT INC stocks. They significantly reduced their stock positions in FIVE9 INC (FIVN), ADVANCED DRAINAGE SYSTEMS INC (WMS) and PROGYNY INC (PGNY). Pier Capital, LLC opened new stock positions in MOELIS & CO (MC), NEXTTRACKER INC and BEACON ROOFING SUPPLY INC (BECN). The fund showed a lot of confidence in some stocks as they added substantially to DECKERS OUTDOOR CORP (DECK), ASTERA LABS INC and LATTICE SEMICONDUCTOR CORP (LSCC).

Pier Capital, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Pier Capital, LLC made a return of 5.53% in the last quarter. In trailing 12 months, it's portfolio return was 23.11%.

New Buys

Ticker	$ Bought
moelis & co	8,151,940
nexttracker inc	7,720,240
beacon roofing supply inc	7,628,570
allegro microsystems inc	7,514,130
glacier bancorp inc	7,443,250
chart industries inc	7,388,440
icf international inc	6,579,030
omnicell inc	5,858,710

New stocks bought by Pier Capital, LLC

Additions

Ticker	% Inc.
deckers outdoor corp	500
astera labs inc	187
lattice semiconductor corp	114
axcelis technologies inc	101
globant sa	96.07
option care health inc	88.37
siteone landscape supply inc	75.11
universal technical institute inc	57.3

Additions to existing portfolio by Pier Capital, LLC

Reductions

Ticker	% Reduced
five9 inc	-99.89
advanced drainage systems inc	-99.86
progyny inc	-99.77
veeva systems inc	-98.32
lindblad expeditions holdings inc	-70.34
sprouts farmers market inc	-60.23
vaxcyte inc	-58.63
elf beauty inc	-57.51

Pier Capital, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
array technologies inc	-6,844,780
alphatec holdings inc	-6,265,560
doubleverify holdings inc	-6,037,610
inmode ltd	-3,463,520
smartsheet inc	-8,354,390
liveramp holdings inc	-5,378,490
reddit inc	-8,213,380
inari medical inc	-5,033,460

Pier Capital, LLC got rid off the above stocks

Sector Distribution

Pier Capital, LLC has about 23.5% of it's holdings in Technology sector.

Sector	%
Technology	23.5
Healthcare	20.6
Industrials	18.2
Consumer Cyclical	12.6
Others	10
Financial Services	8.1
Consumer Defensive	6.2

Market Cap. Distribution

Pier Capital, LLC has about 3.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	74
SMALL-CAP	11.4
UNALLOCATED	10.4
LARGE-CAP	3.4

Stocks belong to which Index?

About 56.5% of the stocks held by Pier Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	56.5
Others	42.9

Top 5 Winners (%)		%
GSHD	goosehead insurance inc	55.5 %
SKY	skyline champion corp	40.0 %
SITM	sitime corp	37.6 %
LNTH	lantheus holdings inc	36.7 %
ADPT	adaptive biotechnologies corp	35.4 %

Top 5 Winners ($)		$
SGRY	surgery partners inc	2.8 M
SFM	sprouts farmers market inc	2.6 M
BOOT	boot barn holdings inc	2.5 M
QTWO	q2 holdings inc	2.4 M
PCVX	vaxcyte inc	2.3 M

Top 5 Losers (%)		%
DECK	deckers outdoor corp	-82.5 %
DXCM	dexcom inc	-40.9 %
ELF	elf beauty inc	-34.1 %
ESTC	elastic nv	-32.6 %
CFLT	confluent inc	-30.0 %

Top 5 Losers ($)		$
ELF	elf beauty inc	-3.6 M
FORM	formfactor inc	-2.6 M
CFLT	confluent inc	-2.4 M
FROG	jfrog ltd	-2.1 M
ACLS	axcelis technologies inc	-1.9 M

Pier Capital, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Pier Capital, LLC

Pier Capital, LLC has 133 stocks in it's portfolio. About 15% of the portfolio is in top 10 stocks. ELF proved to be the most loss making stock for the portfolio. SGRY was the most profitable stock for Pier Capital, LLC last quarter.

Last Reported on: 15 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ACLS	axcelis technologies inc	1.23	82,990	8,701,500	added	101

ADPT	adaptive biotechnologies corp	0.92	1,275,880	6,532,530	added	20.9

AEHR	aehr test systems	0.75	412,077	5,295,190	added	33.39

AIT	applied industrial technologies inc	1.80	57,355	12,797,600	added	0.85

ALGM	allegro microsystems inc	1.06	322,495	7,514,130	new

APPF	appfolio inc	0.66	19,924	4,690,110	reduced	-47.74

ARRY	array technologies inc	0.00	0.00	0.00	sold off	-100

ATEC	alphatec holdings inc	0.00	0.00	0.00	sold off	-100

AXON	axon enterprise inc	0.12	2,174	868,730	reduced	-13.01

AZEK	the azek co inc	0.75	113,870	5,329,120	reduced	-34.84

BE	bloom energy corp	0.69	461,744	4,876,020	added	0.89

BECN	beacon roofing supply inc	1.07	88,263	7,628,570	new

BILL	bill holdings inc	0.76	102,353	5,400,140	new

BL	blackline inc	1.18	151,726	8,366,170	added	1.27

BLD	topbuild corp	0.00	24.00	9,763	unchanged	0.00

BOOT	boot barn holdings inc	1.51	63,993	10,704,700	reduced	-3.99

BROS	dutch bros inc	0.76	167,698	5,371,370	added	31.5

BWXT	bwx technologies inc	0.98	64,182	6,976,580	added	0.62

CALX	calix inc	1.30	238,434	9,248,860	reduced	-0.25

CCS	century communities inc	1.43	98,291	10,122,000	reduced	-0.89