Peirce Capital Management 13F annual report
Peirce Capital Management is an investment fund managing more than $182 billion ran by Mark Heider. There are currently 24 companies in Mr. Heider’s portfolio. The largest investments include EA Series Trust and Dimensional Etf Trust, together worth $113 billion.
$182 billion Assets Under Management (AUM)
As of 26th March 2024, Peirce Capital Management’s top holding is 1,437,306 shares of EA Series Trust currently worth over $30.6 billion and making up 16.8% of the portfolio value.
Relative to the number of outstanding shares of EA Series Trust, Peirce Capital Management owns more than 0.8% of the company.
In addition, the fund holds 2,570,434 shares of Dimensional Etf Trust worth $82.2 billion.
The third-largest holding is Ishares Tr worth $24.9 billion and the next is Vanguard Scottsdale Fds worth $13.6 billion, with 231,576 shares owned.
Currently, Peirce Capital Management's portfolio is worth at least $182 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 Peirce Capital Management
The Peirce Capital Management office and employees reside in The Woodlands, Texas. According to the last 13-F report filed with the SEC, Mark Heider serves as the Wealth Advisor at Peirce Capital Management.
Recent trades
In the most recent 13F filing, Peirce Capital Management revealed that it had opened a new position in
Amazon.com and bought 1,195 shares worth $216 million.
This means they effectively own approximately 0.1% of the company.
Amazon.com makes up
37.1%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in EA Series Trust by buying
92,109 additional shares.
This makes their stake in EA Series Trust total 1,437,306 shares worth $30.6 billion.
EA Series Trust dropped approximately 0.1% in the past year.
On the other hand, Mark Heider disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $24.9 billion and 286,743 shares.
One of the smallest hedge funds
The two most similar investment funds to Peirce Capital Management are Your Advocates , LL.P. and Capital Wealth Management. They manage $182 billion and $182 billion respectively.
Mark Heider investment strategy
Peirce Capital Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Miscellaneous — making up 16.8% of
the total portfolio value.
The fund focuses on investments in the United States as
37.5% 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
29% of the total holdings value.
On the other hand, small-cap stocks make up only 4.2% of the portfolio.
The average market cap of the portfolio companies is close to $291 billion.
The complete list of Peirce Capital Management trades based on 13F SEC filings
These positions were updated on April 2nd 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 |
|---|---|---|---|
| EA Series Trust |
6.85%
1,437,306
|
$30,566,037,000 | 16.78% |
| Dimensional Etf Trust |
8.75%
2,570,434
|
$82,216,168,000 | 45.13% |
| Ishares Tr |
1.28%
286,743
|
$24,858,129,000 | 13.65% |
| Vanguard Scottsdale Fds |
1.58%
231,576
|
$13,558,787,000 | 7.44% |
| American Centy Etf Tr |
11.14%
236,398
|
$16,480,778,000 | 9.05% |
| Vanguard Malvern Fds |
8.70%
120,949
|
$5,792,237,000 | 3.18% |
| Ishares Inc |
27.33%
17,738
|
$915,302,000 | 0.50% |
| Vanguard Index Fds |
No change
5,887
|
$1,345,017,000 | 0.74% |
| Commercial Metals Co. |
20.22%
12,257
|
$720,344,000 | 0.40% |
| Vanguard Bd Index Fds |
58.88%
7,896
|
$605,386,000 | 0.33% |
| Chevron Corp. |
No change
3,652
|
$576,066,000 | 0.32% |
| Microchip Technology, Inc. |
No change
6,000
|
$538,260,000 | 0.30% |
| Vanguard Intl Equity Index F |
No change
12,205
|
$509,803,000 | 0.28% |
| Exxon Mobil Corp. |
No change
4,220
|
$490,503,000 | 0.27% |
| Vanguard World Fd |
No change
5,047
|
$470,330,000 | 0.26% |
| Spdr Index Shs Fds |
No change
10,963
|
$392,914,000 | 0.22% |
| Apple Inc |
0.47%
2,130
|
$365,252,000 | 0.20% |
| Conocophillips |
No change
2,725
|
$346,838,000 | 0.19% |
| Eli Lilly Co |
7.42%
412
|
$320,520,000 | 0.18% |
| Occidental Pete Corp |
10.57%
4,232
|
$275,038,000 | 0.15% |
| Cheniere Energy Inc. |
4.36%
1,381
|
$222,728,000 | 0.12% |
| Amazon.com Inc. |
Opened
1,195
|
$215,554,000 | 0.12% |
| Marathon Oil Corporation |
Opened
7,297
|
$206,797,000 | 0.11% |
| Southwestern Energy Company |
No change
22,636
|
$171,581,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
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