Pier Capital 13F annual report
Pier Capital is an investment fund managing more than $699 billion ran by Kathy Mienko. There are currently 117 companies in Mrs. Mienko’s portfolio. The largest investments include Hexcel and Evercore Inc, together worth $28.1 billion.
$699 billion Assets Under Management (AUM)
As of 8th February 2024, Pier Capital’s top holding is 205,790 shares of Hexcel currently worth over $15.2 billion and making up 2.2% of the portfolio value.
Relative to the number of outstanding shares of Hexcel, Pier Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 75,423 shares of Evercore Inc worth $12.9 billion, whose value grew 36.6% in the past six months.
The third-largest holding is Vaxcyte worth $12.7 billion and the next is Rayzebio Inc worth $12.2 billion, with 195,653 shares owned.
Currently, Pier Capital's portfolio is worth at least $699 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Pier Capital
The Pier Capital office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, Kathy Mienko serves as the Chief Compliance Officer at Pier Capital.
Recent trades
In the most recent 13F filing, Pier Capital revealed that it had opened a new position in
Goosehead Insurance Inc and bought 128,793 shares worth $9.76 billion.
This means they effectively own approximately 0.1% of the company.
Goosehead Insurance Inc makes up
21.7%
of the fund's Finance sector allocation and has grown its share price by 111.0% in the past year.
The investment fund also strengthened its position in Evercore Inc by buying
1,365 additional shares.
This makes their stake in Evercore Inc total 75,423 shares worth $12.9 billion.
Evercore Inc soared 36.9% in the past year.
On the other hand, there are companies that Pier Capital is getting rid of from its portfolio.
Pier Capital closed its position in Amedisys on 15th February 2024.
It sold the previously owned 97,083 shares for $9.07 billion.
Kathy Mienko also disclosed a decreased stake in Hexcel by approximately 0.1%.
This leaves the value of the investment at $15.2 billion and 205,790 shares.
One of the average hedge funds
The two most similar investment funds to Pier Capital are Highland Associates Inc and Shepherd Partners. They manage $699 billion and $699 billion respectively.
Kathy Mienko investment strategy
Pier Capital’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 20.1% of
the total portfolio value.
The fund focuses on investments in the United States as
70.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
14% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $6.98 billion.
The complete list of Pier Capital trades based on 13F SEC filings
These positions were updated on February 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Hexcel Corp. |
1.12%
205,790
|
$15,177,012,000 | 2.17% |
| Evercore Inc |
1.84%
75,423
|
$12,901,104,000 | 1.84% |
| Vaxcyte, Inc. |
1.06%
201,562
|
$12,658,094,000 | 1.81% |
| Rayzebio Inc |
141.81%
195,653
|
$12,163,747,000 | 1.74% |
| Maximus Inc. |
19.04%
143,559
|
$12,038,858,000 | 1.72% |
| Calix Inc |
5.90%
274,262
|
$11,982,507,000 | 1.71% |
| Fabrinet |
1.57%
62,193
|
$11,837,194,000 | 1.69% |
| Houlihan Lokey Inc |
0.97%
95,476
|
$11,448,527,000 | 1.64% |
| Installed Building Products Inc |
1.17%
59,140
|
$10,811,975,000 | 1.55% |
| Onespaworld |
2.11%
753,826
|
$10,628,947,000 | 1.52% |
| MSA Safety Inc |
1.26%
62,802
|
$10,602,862,000 | 1.52% |
| Vertex Inc |
0.97%
387,721
|
$10,445,204,000 | 1.49% |
| Ollie S Bargain Outlet Holdings Inc |
1.33%
136,639
|
$10,369,534,000 | 1.48% |
| Applied Industrial Tech Inc |
0.93%
59,739
|
$10,316,328,000 | 1.48% |
| Advanced Drainage Systems Inc |
53.81%
70,077
|
$9,855,629,000 | 1.41% |
| Wingstop Inc |
1.97%
38,309
|
$9,829,323,000 | 1.41% |
| Goosehead Insurance Inc |
Opened
128,793
|
$9,762,509,000 | 1.40% |
| Alphatec Holdings Inc |
30.12%
641,751
|
$9,696,858,000 | 1.39% |
| Radnet Inc |
1.41%
275,623
|
$9,583,412,000 | 1.37% |
| Five Below Inc |
1.41%
44,522
|
$9,490,310,000 | 1.36% |
| DoubleVerify Holdings, Inc. |
34.88%
255,083
|
$9,381,953,000 | 1.34% |
| Lindblad Expeditions Holdings Inc |
5.56%
815,606
|
$9,191,880,000 | 1.31% |
| Lattice Semiconductor Corp. |
6.98%
133,171
|
$9,187,467,000 | 1.31% |
| JFrog Ltd |
15.69%
263,403
|
$9,116,378,000 | 1.30% |
| Amedisys Inc. |
Closed
97,083
|
$9,067,552,000 | |
| TopBuild Corp |
Opened
24,162
|
$9,042,870,000 | 1.29% |
| Elf Beauty Inc |
10.34%
62,623
|
$9,039,004,000 | 1.29% |
| Smartsheet Inc |
1.52%
188,047
|
$8,992,408,000 | 1.29% |
| GitLab Inc. |
33.16%
142,819
|
$8,991,884,000 | 1.29% |
| The Azek Co Inc |
0.84%
231,774
|
$8,865,356,000 | 1.27% |
| Herc Holdings Inc |
14.88%
59,091
|
$8,798,059,000 | 1.26% |
| Flowserve Corp. |
1.16%
212,706
|
$8,767,741,000 | 1.25% |
| Exponent Inc. |
3.37%
99,464
|
$8,756,811,000 | 1.25% |
| Pinnacle Financial Partners Inc. |
Opened
100,129
|
$8,733,251,000 | 1.25% |
| Repligen Corp. |
7.84%
48,553
|
$8,729,829,000 | 1.25% |
| Freshpet Inc |
1.34%
100,303
|
$8,702,288,000 | 1.24% |
| LiveRamp Holdings Inc |
1.27%
227,304
|
$8,610,276,000 | 1.23% |
| Array Technologies, Inc. |
39.55%
509,442
|
$8,558,626,000 | 1.22% |
| Surgery Partners Inc |
19.65%
265,486
|
$8,492,897,000 | 1.21% |
| Texas Roadhouse Inc |
1.26%
68,655
|
$8,391,701,000 | 1.20% |
| BlackLine Inc |
1.17%
133,075
|
$8,309,203,000 | 1.19% |
| Dave And Busters Entertainment Inc |
25.19%
148,355
|
$7,988,917,000 | 1.14% |
| Seacoast Banking Corporation |
73.40%
280,329
|
$7,978,163,000 | 1.14% |
| Five9 Inc |
50.87%
100,523
|
$7,910,155,000 | 1.13% |
| Wns Holdings Ltd |
3.59%
124,029
|
$7,838,633,000 | 1.12% |
| Option Care Health, Inc. |
1.60%
230,627
|
$7,769,824,000 | 1.11% |
| Procore Technologies, Inc. |
1.71%
112,006
|
$7,753,055,000 | 1.11% |
| Sprinklr, Inc. |
Closed
558,666
|
$7,731,937,000 | |
| Lindsay Corporation |
20.82%
59,543
|
$7,690,574,000 | 1.10% |
| ExlService Holdings Inc |
120.75%
248,449
|
$7,664,652,000 | 1.10% |
| Global-e Online Ltd |
1.76%
193,014
|
$7,649,145,000 | 1.09% |
| Privia Health Group Inc |
1.04%
327,548
|
$7,543,430,000 | 1.08% |
| Onto Innovation Inc. |
1.73%
47,883
|
$7,321,311,000 | 1.05% |
| BWX Technologies Inc |
1.13%
93,835
|
$7,199,960,000 | 1.03% |
| Inter Parfums, Inc. |
13.70%
49,634
|
$7,147,792,000 | 1.02% |
| Power Integrations Inc. |
1.45%
86,469
|
$7,099,970,000 | 1.02% |
| Inari Medical, Inc. |
1.48%
107,568
|
$6,983,315,000 | 1.00% |
| Appfolio Inc |
1.80%
40,294
|
$6,980,533,000 | 1.00% |
| Shoals Technologies Group Inc Group A |
Closed
370,250
|
$6,757,062,000 | |
| Papa John S International Inc |
Closed
99,042
|
$6,756,645,000 | |
| Shift4 Payments, Inc. |
42.63%
90,446
|
$6,723,756,000 | 0.96% |
| Century Communities Inc |
Opened
73,352
|
$6,685,301,000 | 0.96% |
| Sprouts Farmers Market Inc |
Opened
138,378
|
$6,657,366,000 | 0.95% |
| Grocery Outlet Holding Corp |
1.46%
241,483
|
$6,510,382,000 | 0.93% |
| Crocs Inc |
55.14%
67,157
|
$6,273,135,000 | 0.90% |
| Imax Corp |
2.38%
392,643
|
$5,897,498,000 | 0.84% |
| Immunocore Holdings Plc |
1.40%
86,202
|
$5,889,321,000 | 0.84% |
| Axcelis Technologies Inc |
2.04%
44,452
|
$5,764,980,000 | 0.82% |
| Quanterix Corp |
Opened
210,636
|
$5,758,788,000 | 0.82% |
| Skyline Champion Corp |
Opened
77,191
|
$5,732,204,000 | 0.82% |
| The Vita Coco Company Inc |
1.82%
211,112
|
$5,415,023,000 | 0.77% |
| Q2 Holdings Inc |
Opened
123,440
|
$5,358,530,000 | 0.77% |
| Globant Sa |
2.07%
21,457
|
$5,106,337,000 | 0.73% |
| Point Biopharma Global Inc |
Closed
732,936
|
$4,888,683,000 | |
| Halozyme Therapeutics Inc. |
1.84%
129,479
|
$4,785,544,000 | 0.68% |
| Duolingo, Inc. |
Closed
28,564
|
$4,737,911,000 | |
| SiTime Corp |
2.02%
38,514
|
$4,701,789,000 | 0.67% |
| Progyny Inc |
2.24%
120,089
|
$4,464,909,000 | 0.64% |
| Inmode Ltd |
Opened
199,848
|
$4,444,620,000 | 0.64% |
| SI-BONE Inc |
49.66%
210,327
|
$4,414,764,000 | 0.63% |
| Aehr Test Systems |
Closed
95,733
|
$4,374,998,000 | |
| TechnipFMC plc |
27.24%
217,173
|
$4,373,864,000 | 0.63% |
| Floor Decor Holdings Inc |
42.28%
39,126
|
$4,364,897,000 | 0.62% |
| Confluent Inc |
1.08%
183,842
|
$4,301,903,000 | 0.62% |
| Stevanato Group Societa |
682.52%
156,503
|
$4,270,967,000 | 0.61% |
| Silicon Laboratories Inc |
25.62%
32,165
|
$4,254,465,000 | 0.61% |
| Boot Barn Holdings Inc |
Opened
55,117
|
$4,230,781,000 | 0.61% |
| FTI Consulting Inc. |
65.50%
21,066
|
$4,195,294,000 | 0.60% |
| Fox Factory Holding Corp |
Closed
42,075
|
$4,168,791,000 | |
| Crinetics Pharmaceuticals Inc |
Opened
116,603
|
$4,148,735,000 | 0.59% |
| Intra-Cellular Therapies Inc |
63.09%
55,050
|
$3,942,681,000 | 0.56% |
| Healthequity Inc |
Closed
53,832
|
$3,932,428,000 | |
| WillScot Mobile Mini Holdings Corp |
49.81%
86,500
|
$3,849,250,000 | 0.55% |
| SiteOne Landscape Supply Inc |
30.46%
23,540
|
$3,825,250,000 | 0.55% |
| Day One Biopharmaceuticals |
Opened
258,685
|
$3,776,801,000 | 0.54% |
| Denali Therapeutics Inc |
39.29%
174,219
|
$3,738,740,000 | 0.53% |
| Roivant Sciences Ltd |
1.12%
331,267
|
$3,720,128,000 | 0.53% |
| Adaptive Biotechnologies Corporation |
1.11%
711,107
|
$3,484,424,000 | 0.50% |
| Krispy Kreme, Inc. |
Closed
279,035
|
$3,479,566,000 | |
| TG Therapeutics Inc |
Closed
392,709
|
$3,283,047,000 | |
| Bloom Energy Corp |
Closed
240,339
|
$3,186,895,000 | |
| Roku Inc |
Closed
41,860
|
$2,954,897,000 | |
| Sweetgreen, Inc. |
Opened
254,190
|
$2,872,347,000 | 0.41% |
| Silk Road Medical Inc |
Closed
182,209
|
$2,731,313,000 | |
| Fusion Pharmaceuticals Inc. |
Opened
277,111
|
$2,663,037,000 | 0.38% |
| Biolife Solutions Inc |
Closed
172,156
|
$2,377,474,000 | |
| Prothena Corporation plc |
1.09%
56,829
|
$2,065,166,000 | 0.30% |
| Maravai Lifesciences Holdings, Inc. |
1.28%
286,849
|
$1,878,861,000 | 0.27% |
| Structure Therapeutics Inc |
Opened
35,653
|
$1,453,216,000 | 0.21% |
| MSCI Inc |
91.09%
2,188
|
$1,237,642,000 | 0.18% |
| Tradeweb Markets Inc |
5.11%
9,998
|
$908,618,000 | 0.13% |
| Crowdstrike Holdings Inc |
Closed
4,770
|
$798,403,000 | |
| Dexcom Inc |
36.99%
6,400
|
$794,176,000 | 0.11% |
| Monolithic Power Systems Inc |
78.36%
1,195
|
$753,782,000 | 0.11% |
| Dynatrace Inc |
3,132.26%
13,026
|
$712,392,000 | 0.10% |
| Cheniere Energy Inc. |
5.90%
3,875
|
$661,501,000 | 0.09% |
| Trade Desk Inc/the |
5.89%
8,874
|
$638,573,000 | 0.09% |
| Axon Enterprise Inc |
5.11%
2,385
|
$616,117,000 | 0.09% |
| MongoDB Inc |
4.87%
1,422
|
$581,385,000 | 0.08% |
| Pinterest Inc |
4,806.47%
15,161
|
$561,563,000 | 0.08% |
| West Pharmaceutical Services I |
50.82%
1,567
|
$551,772,000 | 0.08% |
| Veeva Systems Inc |
3.47%
2,119
|
$407,950,000 | 0.06% |
| Insulet Corporation |
Closed
1,810
|
$288,677,000 | |
| Solaredge Technologies Inc |
Closed
2,022
|
$261,869,000 | |
| Idex Corporation |
Opened
45
|
$9,770,000 | 0.00% |
| Icon Plc |
Opened
33
|
$9,341,000 | 0.00% |
| Trane Technologies Public Limited Technologies |
No change
36
|
$8,780,000 | 0.00% |
| Entegris Inc |
No change
72
|
$8,627,000 | 0.00% |
| Elastic Nv |
Opened
75
|
$8,452,000 | 0.00% |
| Jamf Holding Corp |
Closed
439
|
$7,753,000 | |
| Vertiv Holdings Co |
Opened
159
|
$7,637,000 | 0.00% |
| Ulta Beauty Inc |
Opened
15
|
$7,350,000 | 0.00% |
| IQVIA Holdings Inc |
66.67%
30
|
$6,941,000 | 0.00% |
| Idexx Laboratories, Inc. |
33.33%
12
|
$6,661,000 | 0.00% |
| Skechers Usa Inc |
Opened
105
|
$6,546,000 | 0.00% |
| Mastec Inc. |
Closed
86
|
$6,189,000 | |
| Deckers Outdoor Corp. |
50.00%
9
|
$6,016,000 | 0.00% |
| Air Transport Services Group Inc |
Closed
283
|
$5,906,000 | |
| Doximity, Inc. |
Closed
207
|
$4,393,000 | |
| No transactions found | |||
| Showing first 500 out of 139 holdings | |||
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