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Patient Capital Management, LLC

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13F filer, CIK 1854794, BALTIMORE, MD

Patient Capital Management, LLC reported $2,590,708,835 across 40 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-13. Its ten largest share positions make up 49.2% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001854794-26-000003

Period
2025-12-31
Reported value
$2.59B
Holdings
40
Top 10 weight
49.2%
New
2
Sold out
3

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CHYMnew+2,035,112$51.2M
BIIBadded+179,703$31.6M
FISVnew+259,161$17.4M
NCLHadded+743,257$16.6M
CROXadded+170,003$14.5M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
BABAreduced-389,563-$57.1M
PGENreduced-7,787,382-$32.6M
SOFIreduced-1,055,582-$27.6M
EXPEreduced-77,195-$21.9M
UBSreduced-313,523-$14.5M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001854794-26-000003, largest first. % of portfolio is the value over $2,590,708,835, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 595,736 shares; 2024Q4: 595,490 shares; 2025Q1: 605,692 shares; 2025Q2: 613,053 shares; 2025Q3: 613,333 shares; 2025Q4: 581,637 shares 581,637$182M7.03%-31,696Timeline
CCITIGROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,541,858 shares; 2024Q4: 1,541,308 shares; 2025Q1: 1,405,065 shares; 2025Q2: 1,345,717 shares; 2025Q3: 1,310,407 shares; 2025Q4: 1,291,794 shares 1,291,794$151M5.82%-18,613Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 625,328 shares; 2024Q4: 609,896 shares; 2025Q1: 574,016 shares; 2025Q2: 563,482 shares; 2025Q3: 561,976 shares; 2025Q4: 562,559 shares 562,559$130M5.01%+583Timeline
RPRXROYALTY PHARMA PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,041,195 shares; 2024Q4: 2,875,089 shares; 2025Q1: 2,972,646 shares; 2025Q2: 2,987,988 shares; 2025Q3: 3,117,850 shares; 2025Q4: 3,333,675 shares 3,333,675$129M4.97%+215,825Timeline
QXOQXO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,741,847 shares; 2024Q4: 7,733,030 shares; 2025Q1: 7,284,827 shares; 2025Q2: 6,542,202 shares; 2025Q3: 6,537,027 shares; 2025Q4: 6,468,854 shares 6,468,854$125M4.82%-68,173Timeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 191,932 shares; 2025Q3: 371,363 shares; 2025Q4: 368,293 shares 368,293$122M4.69%-3,070Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 608,728 shares; 2024Q4: 608,563 shares; 2025Q1: 626,952 shares; 2025Q2: 634,173 shares; 2025Q3: 632,684 shares; 2025Q4: 638,814 shares 638,814$119M4.6%+6,130Timeline
NCLHNORWEGIAN CRUISE LINE HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,801,950 shares; 2024Q4: 2,483,809 shares; 2025Q1: 3,590,093 shares; 2025Q2: 4,708,579 shares; 2025Q3: 4,564,871 shares; 2025Q4: 5,308,128 shares 5,308,128$118M4.57%+743,257Timeline
BIIBBIOGEN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 255,942 shares; 2024Q4: 413,960 shares; 2025Q1: 455,605 shares; 2025Q2: 320,466 shares; 2025Q3: 396,649 shares; 2025Q4: 576,352 shares 576,352$101M3.92%+179,703Timeline
CVSCVS HEALTH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 769,096 shares; 2024Q4: 1,298,429 shares; 2025Q1: 1,325,638 shares; 2025Q2: 1,241,924 shares; 2025Q3: 1,239,894 shares; 2025Q4: 1,231,416 shares 1,231,416$97.7M3.77%-8,478Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 147,824 shares; 2024Q4: 147,628 shares; 2025Q1: 145,666 shares; 2025Q2: 144,295 shares; 2025Q3: 144,000 shares; 2025Q4: 143,094 shares 143,094$94.5M3.65%-906Timeline
PPLIPEOPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,663,534 shares; 2024Q4: 1,667,261 shares; 2025Q1: 1,684,663 shares; 2025Q2: 1,739,006 shares; 2025Q3: 2,108,245 shares; 2025Q4: 2,374,050 shares 2,374,050$92.8M3.58%+265,805Timeline
ETENERGY TRANSFER L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,296,830 shares; 2024Q4: 5,091,882 shares; 2025Q1: 4,883,763 shares; 2025Q2: 4,076,356 shares; 2025Q3: 4,888,138 shares; 2025Q4: 5,272,875 shares 5,272,875$86.9M3.36%+384,737Timeline
PGENPRECIGEN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,937,694 shares; 2024Q4: 17,881,246 shares; 2025Q1: 17,372,301 shares; 2025Q2: 16,268,741 shares; 2025Q3: 26,460,848 shares; 2025Q4: 18,673,466 shares 18,673,466$78.1M3.01%-7,787,382Timeline
ILMNILLUMINA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 411,555 shares; 2024Q4: 409,955 shares; 2025Q1: 458,669 shares; 2025Q2: 582,190 shares; 2025Q3: 581,359 shares; 2025Q4: 575,768 shares 575,768$75.5M2.91%-5,591Timeline
UALUNITED AIRLS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,005,557 shares; 2024Q4: 725,244 shares; 2025Q1: 670,624 shares; 2025Q2: 668,651 shares; 2025Q3: 666,515 shares; 2025Q4: 654,121 shares 654,121$73.1M2.82%-12,394Timeline
SDRLSEADRILL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,025,645 shares; 2024Q4: 1,676,777 shares; 2025Q1: 1,972,713 shares; 2025Q2: 2,229,549 shares; 2025Q3: 2,229,936 shares; 2025Q4: 2,053,797 shares 2,053,797$71.1M2.74%-176,139Timeline
CROXCROCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 380,969 shares; 2024Q4: 445,227 shares; 2025Q1: 511,399 shares; 2025Q2: 503,378 shares; 2025Q3: 588,794 shares; 2025Q4: 758,797 shares 758,797$64.9M2.5%+170,003Timeline
GMGENERAL MTRS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,550,074 shares; 2024Q4: 1,531,144 shares; 2025Q1: 1,526,763 shares; 2025Q2: 944,753 shares; 2025Q3: 940,597 shares; 2025Q4: 771,647 shares 771,647$62.8M2.42%-168,950Timeline
FBTCFIDELITY WISE ORIGIN BITCOINQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 96,851 shares; 2024Q4: 305,603 shares; 2025Q1: 620,226 shares; 2025Q2: 620,226 shares; 2025Q3: 619,752 shares; 2025Q4: 781,695 shares 781,695$59.6M2.3%+161,943Timeline
OMFONEMAIN HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,413,215 shares; 2024Q4: 1,263,145 shares; 2025Q1: 1,072,493 shares; 2025Q2: 1,032,501 shares; 2025Q3: 936,913 shares; 2025Q4: 824,942 shares 824,942$55.7M2.15%-111,971Timeline
MATMATTEL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,536,645 shares; 2024Q4: 2,532,472 shares; 2025Q1: 2,311,654 shares; 2025Q2: 1,464,398 shares; 2025Q3: 2,099,262 shares; 2025Q4: 2,794,343 shares 2,794,343$55.4M2.14%+695,081Timeline
UBSUBS GROUP AGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,022,019 shares; 2024Q4: 2,042,420 shares; 2025Q1: 2,043,053 shares; 2025Q2: 1,937,639 shares; 2025Q3: 1,500,849 shares; 2025Q4: 1,187,326 shares 1,187,326$55M2.12%-313,523Timeline
CHYMCHIME FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 2,035,112 shares 2,035,112$51.2M1.98%newTimeline
EXPEEXPEDIA GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 647,329 shares; 2024Q4: 442,429 shares; 2025Q1: 278,797 shares; 2025Q2: 261,855 shares; 2025Q3: 253,477 shares; 2025Q4: 176,282 shares 176,282$49.9M1.93%-77,195Timeline
DALDELTA AIR LINES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,263,574 shares; 2024Q4: 947,509 shares; 2025Q1: 768,268 shares; 2025Q2: 899,700 shares; 2025Q3: 861,298 shares; 2025Q4: 680,405 shares 680,405$47.2M1.82%-180,893Timeline
COINCOINBASE GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 176,832 shares; 2024Q4: 203,401 shares; 2025Q1: 203,672 shares; 2025Q2: 203,500 shares; 2025Q3: 171,736 shares; 2025Q4: 178,923 shares 178,923$40.5M1.56%+7,187Timeline
NENOBLE CORP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 718,290 shares; 2025Q3: 1,081,074 shares; 2025Q4: 1,281,155 shares 1,281,155$36.2M1.4%+200,081Timeline
SOFISOFI TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,795,687 shares; 2024Q4: 4,251,680 shares; 2025Q1: 3,534,865 shares; 2025Q2: 3,157,431 shares; 2025Q3: 2,254,066 shares; 2025Q4: 1,198,484 shares 1,198,484$31.4M1.21%-1,055,582Timeline
PLAYDAVE & BUSTERS ENTMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,300,598 shares; 2024Q4: 1,777,260 shares; 2025Q1: 2,201,507 shares; 2025Q2: 2,133,287 shares; 2025Q3: 2,137,257 shares; 2025Q4: 1,663,341 shares 1,663,341$27M1.04%-473,916Timeline
JDJD.COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 100,000 shares; 2025Q1: 785,920 shares; 2025Q2: 789,127 shares; 2025Q3: 842,937 shares; 2025Q4: 840,985 shares 840,985$24.1M0.93%-1,952Timeline
TEMTEMPUS AI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 388,627 shares; 2025Q3: 387,870 shares; 2025Q4: 382,128 shares 382,128$22.6M0.87%-5,742Timeline
FISVFISERV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 132,870 shares; 2024Q4: 10,042 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 259,161 shares 259,161$17.4M0.67%newTimeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 658,726 shares; 2024Q4: 689,712 shares; 2025Q1: 534,089 shares; 2025Q2: 499,110 shares; 2025Q3: 489,677 shares; 2025Q4: 100,114 shares 100,114$14.7M0.57%-389,563Timeline
PTONPELOTON INTERACTIVE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,055,332 shares; 2024Q4: 3,817,374 shares; 2025Q1: 2,788,044 shares; 2025Q2: 2,689,816 shares; 2025Q3: 2,533,688 shares; 2025Q4: 1,880,356 shares 1,880,356$11.6M0.45%-653,332Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,386 shares; 2024Q4: 29,386 shares; 2025Q1: 29,383 shares; 2025Q2: 29,383 shares; 2025Q3: 29,379 shares; 2025Q4: 29,379 shares 29,379$9.47M0.37%0Timeline
YOUCLEAR SECURE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 125,000 shares; 2025Q2: 139,700 shares; 2025Q3: 125,000 shares; 2025Q4: 125,000 shares 125,000$4.38M0.17%0Timeline
APAAPA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 50,000 shares; 2025Q1: 50,000 shares; 2025Q2: 50,000 shares; 2025Q3: 50,000 shares; 2025Q4: 50,000 shares 50,000$1.22M0.05%0Timeline
LEN-BLENNAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,500 shares; 2024Q4: 12,500 shares; 2025Q1: 12,500 shares; 2025Q2: 12,500 shares; 2025Q3: 12,500 shares; 2025Q4: 12,500 shares 12,500$1.19M0.05%0Timeline
SPYSTATE STR SPDR S&P 500 ETF TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,486 shares; 2024Q4: 3,463 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 421 shares; 2025Q4: 1,075 shares 1,075$733K0.03%+654Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
ANGIANGI INC799,342$13Mshares
KOSKOSMOS ENERGY LTD3,314,653$5.5Mshares
MSTRSTRATEGY INC2,092$674Kshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001854794-26-000003 base2026-02-13acceptance time not in the bulk data set