Peirce Capital Management, LLC
CIK 2008166 · View on SEC EDGAR ↗
- Portfolio value
- $255.7M
- Positions
- 43
- As of
- March 31, 2026 Data as of Q1 2026
#5,666 of 9,443 by 13F value · top 60.0%
Portfolio value QoQ: +1.8% 13F does not disclose cash
- Top 10 holdings weight
- 80.20%
- Top 25 holdings weight
- 96.51%
- Positions above 1%
- 16
- Effective number of positions
- 11.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q1 2026: 1.6% Est. buys $4,065,658 · sells $6,407,607
Median holding: 6.0 quarters Tracked Q4 2024–Q1 2026 · 79.6% still held
- New positions
- 3
- Increased
- 10
- Decreased
- 19
- Closed
- 3
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Energy
1.1%
Technology
0.8%
Materials
0.3%
Consumer Discretionary
0.2%
Healthcare
0.1%
Retail
0.1%
Other/Unmapped
97.4%
Full portfolio 43 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| BSVO EA Bridgeway Omni Small-Cap Value ETF | $46,110,406 | 18.04% | 1,817,517 | $3,378,099 | Down ×1 | ||
| DFAC | $31,069,126 | 12.15% | 799,514 | $-816,008 | Down ×4 | ||
| ITOT | $22,703,463 | 8.88% | 159,401 | $83,527 | Up ×1 | ||
| AVDV | $22,098,222 | 8.64% | 221,292 | $-105,609 | Down ×2 | ||
| DFIV | $16,960,598 | 6.63% | 321,345 | $11,613 | Down ×5 | ||
| DFEM | $16,481,454 | 6.45% | 477,032 | $197,304 | Down ×2 | ||
| VGIT Vanguard Intermediate-Term Treasury ETF | $15,852,218 | 6.20% | 266,200 | $655,679 | Up ×3 | ||
| IDEV | $14,916,619 | 5.83% | 178,493 | $291,388 | Up ×1 | ||
| DFUV | $9,428,087 | 3.69% | 194,554 | $260,666 | Down ×1 | ||
| DFSD | $9,424,176 | 3.69% | 196,829 | $439,081 | Up ×3 | ||
| DFAX | $7,693,023 | 3.01% | 226,465 | $43,172 | Down ×5 | ||
| DFGR | $6,725,351 | 2.63% | 253,023 | $77,101 | Up ×3 | ||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $6,591,465 | 2.58% | 131,961 | $388,278 | Up ×3 | ||
| AVUV | $4,146,602 | 1.62% | 37,536 | $-80,367 | Down ×3 | ||
| VTI | $3,590,506 | 1.40% | 11,192 | $-261,746 | Down ×2 | ||
| DFIC | $2,775,408 | 1.09% | 78,115 | $-236,935 | Down ×1 | ||
| DISV | $1,797,636 | 0.70% | 45,579 | $9,736 | Down ×1 | ||
| SPDW | $1,428,936 | 0.56% | 31,302 | $38,814 | |||
| DFAU | $1,175,556 | 0.46% | 26,054 | $-43,771 | |||
| DFAT | $1,142,480 | 0.45% | 18,294 | $30,849 | Down ×1 | ||
| REET | $1,141,634 | 0.45% | 45,393 | $-32,363 | Down ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $1,068,005 | 0.42% | 2,885 | $-327,323 | |||
| IEMG | $906,310 | 0.35% | 12,994 | $16,270 | Down ×3 | ||
| XOM Exxon Mobil Corporation Common Stock | $813,555 | 0.32% | 4,795 | $297,087 | Up ×2 | ||
| DFSV | $698,452 | 0.27% | 19,933 | $42,856 | |||
| COP ConocoPhillips Common Stock | $684,024 | 0.27% | 5,182 | $259,596 | Up ×1 | ||
| SPTM | $680,390 | 0.27% | 8,606 | $-131,575 | Down ×1 | ||
| CMC Commercial Metals Company Common Stock | $673,641 | 0.26% | 10,966 | $-85,426 | |||
| ESGV | $660,278 | 0.26% | 5,881 | $-50,879 | Up ×4 | ||
| IVLU | $658,807 | 0.26% | 16,603 | $-30,811 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $646,501 | 0.25% | 3,707 | $-44,855 | |||
| TSLA Tesla, Inc. - Common Stock | $606,696 | 0.24% | 1,632 | $-104,311 | Up ×1 | ||
| TALO Talos Energy, Inc. Common Stock | $575,366 | 0.23% | 36,508 | $173,048 | |||
| VWO | $570,049 | 0.22% | 10,547 | $-9,645 | Down ×1 | ||
| VB | $522,530 | 0.20% | 1,995 | Up ×1 | |||
| RSP | $443,251 | 0.17% | 2,310 | ||||
| CVX Chevron Corporation Common Stock | $435,938 | 0.17% | 2,107 | $24,736 | Down ×1 | ||
| LNG Cheniere Energy, Inc. Common Stock | $356,686 | 0.14% | 1,257 | $112,338 | |||
| LLY Eli Lilly and Company Common Stock | $346,753 | 0.14% | 377 | $-58,401 | |||
| DFAE | $344,864 | 0.13% | 10,185 | $13,139 | |||
| AMZN Amazon.com, Inc. - Common Stock | $262,212 | 0.10% | 1,259 | $-47,087 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $235,771 | 0.09% | 929 | $-16,787 | |||
| VUG | $207,912 | 0.08% | 476 | Up ×1 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| VB | $522,530 | 1,995 | 0.20% |
| RSP | $443,251 | 2,310 | 0.17% |
| VUG | $207,912 | 476 | 0.08% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BSVO | Trimmed | -16K | +$3.4M |
| DFAC | Trimmed | -6K | -$816K |
| VGIT | Bought more | +13K | +$656K |
| DFSD | Bought more | +9K | +$439K |
| VTIP | Bought more | +7K | +$388K |
| MSFT | Price move only | +0 | -$327K |
| XOM | Bought more | +503 | +$297K |
| IDEV | Bought more | +1K | +$291K |
| VTI | Trimmed | -298 | -$262K |
| DFUV | Trimmed | -2K | +$261K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| RSP | Sept. 30, 2025 | 15,252 | $2,771,816 | No longer tracked |
| EQAL | Sept. 30, 2025 | 24,113 | $1,187,315 | No longer tracked |
| VOE | Sept. 30, 2025 | 6,826 | $1,122,522 | No longer tracked |
| VNQ | Sept. 30, 2025 | 9,543 | $849,915 | No longer tracked |
| QTWO | March 31, 2026 | 6,501 | $469,083 | 35.3% |
| MCHP | March 31, 2026 | 6,000 | $382,320 | 18.0% |
| COST | March 31, 2025 | 362 | $331,690 | -0.9% |
| MGY | March 31, 2026 | 11,731 | $256,792 | -10.7% |
| VBR | Sept. 30, 2025 | 1,148 | $223,870 | No longer tracked |
| VBK | Sept. 30, 2025 | 758 | $209,856 | No longer tracked |
| OXY | June 30, 2025 | 4,143 | $204,498 | 47.2% |
| ABBV | Dec. 31, 2025 | 873 | $202,237 | 16.1% |