Permit Capital, LLC

CIK 1313978 · View on SEC EDGAR ↗

Portfolio value
$357.4M
#4,667 of 9,443 by 13F value · top 49.4%
Positions
20
As of
June 30, 2026

Portfolio value QoQ: +21.4% 13F does not disclose cash

Top 10 holdings weight
76.67%
Top 25 holdings weight
100.00%
Positions above 1%
20
Effective number of positions
7.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 4.36% Est. buys $20,879,577 · sells $14,198,634

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 57.1% still held

New positions
2
Increased
2
Decreased
2
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+37.3%
S&P 500 total return (same window)
+28.1%
Excess return
+9.2%

Annualized: +23.6% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.6% · Options excluded: 0.0%

Sector breakdown

Real Estate
28.4%
Industrials
19.1%
Technology
18.3%
Communication Services
12.4%
Consumer Discretionary
5.5%
Diversified Consumer Services
4.3%
Financial Services
4.3%
Health Care
3.6%
Energy
2.2%
Retail
2.0%

Full portfolio 20 positions

Type Streak 8Q trend
SBAC SBA Communications Corporation - Class A Common Stock $101,519,556 28.41% 575,312 $2,502,608
PBI Pitney Bowes Inc. Common Stock $61,320,000 17.16% 3,500,000 $22,645,000
EXPE Expedia Group, Inc. - Common Stock $19,702,760 5.51% 77,000 $1,924,230
FTDR Frontdoor, Inc. - Common Stock $15,331,784 4.29% 197,600 $4,886,648
WDC Western Digital Corporation - Common Stock $13,413,120 3.75% 21,000 $2,268,932 Down ×4
MTCH Match Group, Inc. - Common Stock $13,317,500 3.73% 350,000 $2,569,000
CVS CVS Health Corporation Common Stock $12,982,975 3.63% 125,500 $3,969,565
HPQ HP Inc. Common Stock $12,483,860 3.49% 569,000 $1,553,370
GOOG Alphabet Inc. - Class C Capital Stock $12,260,551 3.43% 34,700 $2,306,509
OTEX Open Text Corporation - Common Shares $11,672,961 3.27% 526,996 $3,666,561 Up ×2
GEN Gen Digital Inc. - Common Stock $11,038,566 3.09% 443,494 $3,977,316 Up ×2
SATS EchoStar Corporation - Common stock $10,251,500 2.87% 101,000 $-2,071,639 Down ×1
MTG MGIC Investment Corporation Common Stock $9,626,070 2.69% 341,350 $665,632
EPAM EPAM Systems, Inc. Common Stock $8,569,800 2.40% 108,000 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $8,449,350 2.36% 15,000 $-132,600
IDCC InterDigital, Inc. - Common Stock $8,174,529 2.29% 28,872 $-544,815
RRC Range Resources Corporation Common Stock $7,767,132 2.17% 208,850 $-1,668,711
SIG Signet Jewelers Limited Common Shares $6,982,200 1.95% 81,000 $126,360
KBR KBR, Inc. Common Stock $6,906,000 1.93% 200,000 Up ×1
PYPL PayPal Holdings, Inc. - Common Stock $5,613,400 1.57% 130,000 $-266,500

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
EPAM $8,569,800 108,000 2.40%
KBR $6,906,000 200,000 1.93%

Top movers (QoQ)

Security Action Shares Δ Value Δ
PBI Price move only +0 +$22.6M
FTDR Price move only +0 +$4.9M
GEN Bought more +68K +$4.0M
CVS Price move only +0 +$4.0M
OTEX Bought more +167K +$3.7M
MTCH Price move only +0 +$2.6M
SBAC Price move only +0 +$2.5M
GOOG Price move only +0 +$2.3M
WDC Trimmed -20K +$2.3M
SATS Trimmed -4K -$2.1M

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.

SecurityQuarter Shares before Value before Price since exit
SNDK Dec. 31, 2025 37,683 $4,228,033 564.0%
QVCGAXXXX June 30, 2025 7,500,000 $1,508,250 No longer tracked
BRKA March 31, 2025 2 $1,361,840 No longer tracked
MA March 31, 2025 2,320 $1,221,642 6.1%
QVCGA June 30, 2026 398,062 $863,795 No longer tracked
V March 31, 2025 2,685 $848,567 5.1%
NFLX March 31, 2025 883 $787,036 -91.4%
BRKB March 31, 2025 1,675 $759,244 No longer tracked
PM March 31, 2025 6,276 $755,317 18.2%
JPM March 31, 2025 1,955 $468,633 47.4%
UBER March 31, 2025 4,538 $273,732 4.3%
PARA March 31, 2025 17,658 $184,703
DASH March 31, 2025 980 $164,395 20.1%
BFA March 31, 2025 2,880 $108,547 No longer tracked
BFB March 31, 2025 235 $8,925 No longer tracked