Private Capital Management LLC
- SEC CIK
- 0001778185
- Latest filing
- Feb 5, 2025
The latest 13F from Private Capital Management LLC covers Q4 2024 (filed Feb 5, 2025): 213 long positions worth $500.9M. The top 10 holdings make up 61.3% of the portfolio, and the largest is Dimensional ETF Trust at 14.9%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q4 2024
Share counts compared with Q3 2024: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 5
- Est. +$282.1K
- Added
- 50
- Est. +$38.3M
- Reduced
- 106
- Est. −$70.3M
- Sold out
- 77
- Est. −$20.6M
Top 5 holdings
Share of this quarter's portfolio value
- Dimensional ETF Trust25434V40114.9%$74.7M
- Dimensional ETF Trust25434V2038.5%$42.4M
- J P Morgan Exchange Traded F46641Q6707.8%$39.2M
- Invesco S&P 500 Quality ETF46137V2416.3%$31.4M
- Victory Portfolios II92647N5275.8%$28.9M
Biggest buys
New and added positions, by estimated amount bought
- J P Morgan Exchange Traded F46641Q670+$14.7MAdded
- Victory Portfolios II92647N527+$14.4MAdded
- Vanguard Malvern FDS922020748+$2.03MAdded
- Dimensional ETF Trust25434V203+$901.1KAdded
- Vanguard Mun BD FDS922907746+$871.6KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- J P Morgan Exchange Traded F46641Q670+3.18 pp4.7% → 7.8%
- Victory Portfolios II92647N527+3.04 pp2.7% → 5.8%
- Vanguard Malvern FDS922020748+0.48 pp1.3% → 1.7%
- Dimensional ETF Trust25434V203+0.30 pp8.2% → 8.5%
- Vanguard Mun BD FDS922907746+0.18 pp0.1% → 0.3%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q4 2024, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $500.9M
- −$52.1M (−9.4%) vs. prior quarter
- Positions
- 213
- −72 vs. prior quarter
- Top 10 concentration
- 61.3%
- Top 10 as share of value
- Turnover
- 7.3%
- Q4 2024, one quarter
- Average holding period
- 12.8 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.
13F filings by quarter
16 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $553.0M (Q3 2024)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2024 | Feb 5, 2025 | 213 | $500.9M | Dimensional ETF TrustDimensional ETF TrustJ P Morgan Exchange Traded F | vs. Q3 2024 | SEC |
| Q3 2024 | Nov 14, 2024 | 285 | $553.0M | Dimensional ETF TrustDimensional ETF TrustInvesco S&P 500 Quality ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Mar 12, 2025Amended | 239 | $503.4M | Dimensional ETF TrustDimensional ETF TrustInvesco S&P 500 Quality ETF | vs. Q1 2024 | SEC |
| Q1 2024 | Mar 12, 2025Amended | 260 | $454.1M | Vanguard Scottsdale FDSDimensional ETF TrustInvesco S&P 500 Quality ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Mar 12, 2025Amended | 214 | $412.5M | Vanguard Scottsdale FDSDimensional ETF TrustInvesco S&P 500 Quality ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Mar 12, 2025Amended | 220 | $346.3M | Vanguard Scottsdale FDSInvesco S&P 500 Quality ETFDimensional ETF Trust | vs. Q2 2023 | SEC |
| Q2 2023 | Mar 12, 2025Amended | 209 | $350.2M | Vanguard Scottsdale FDSVanguard Morningstar Value ETFVanguard S&P 500 ETF | vs. Q1 2023 | SEC |
| Q1 2023 | Mar 12, 2025Amended | 216 | $334.4M | Vanguard Scottsdale FDSVanguard Morningstar Value ETFVanguard S&P 500 ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 31, 2023 | 115 | $302.3M | Vanguard Scottsdale FDSVanguard Morningstar Value ETFVanguard S&P 500 ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 3, 2022 | 139 | $272.6M | Vanguard Scottsdale FDSVanguard Morningstar Value ETFVanguard S&P 500 ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 2, 2022 | 153 | $315.1M | Vanguard Scottsdale FDSVanguard Morningstar Value ETFVanguard S&P 500 ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 20, 2022 | 153 | $315.1M | Vanguard Scottsdale FDSVanguard Morningstar Value ETFVanguard S&P 500 ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 12, 2022 | 143 | $289.7M | Vanguard Scottsdale FDSVanguard S&P 500 ETFVanguard Morningstar Value ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Oct 12, 2021 | 131 | $244.3M | Vanguard S&P 500 ETFVanguard Morningstar Value ETFVanguard Scottsdale FDS | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 22, 2021 | 131 | $218.3M | Vanguard S&P 500 ETFVanguard Morningstar Value ETFiShares Core S&P Small Cap ETF | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 14, 2021 | 122 | $188.8M | Vanguard S&P 500 ETFiShares Core S&P Small Cap ETFVanguard Morningstar Value ETF | – | SEC |