PINCUS CAPITAL MANAGEMENT, LP Diversified Active

Location: NEW YORK, NY

CIK: 0002109652 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value ($000): $143,622 (100.0% shares, 0.0% debt)

Holdings (50)

New Positions (1)

JPM JPMORGAN CHASE & CO 0.2%

Value ($000) $233 Shares 792 Est. Cost $311.42 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE & CO	792	$233	0.2%	$311.42	0.0%	COM	46625H100

Increased Positions (3)

CRM SALESFORCE INC 0.8%

Value ($000) $1,131 (-28.4%) Shares 6,059 (+1.6%) Est. Cost $247.66 Unrealized -12.9%

NVDA NVIDIA CORPORATION 1.3%

Value ($000) $1,907 (+13.3%) Shares 10,936 (+21.2%) Est. Cost $186.22 Unrealized +0.2%

PANW PALO ALTO NETWORKS INC 0.3%

Value ($000) $471 (-10.4%) Shares 2,935 (+3.0%) Est. Cost $200.89 Unrealized -14.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRM	SALESFORCE INC	6,059 (+1.6%)	$1,131 (-28.4%)	0.8%	$247.66	-12.9%	COM	79466L302
NVDA	NVIDIA CORPORATION	10,936 (+21.2%)	$1,907 (+13.3%)	1.3%	$186.22	+0.2%	COM	67066G104
PANW	PALO ALTO NETWORKS INC	2,935 (+3.0%)	$471 (-10.4%)	0.3%	$200.89	-14.3%	COM	697435105

Exited Positions (2)

NOW SERVICENOW INC 0.2%

Value ($000) $231 Shares 1,510 Est. Cost $171.54 Unrealized -29.4%

XSW SPDR SERIES TRUST 0.1%

Value ($000) $215 Shares 1,150 Est. Cost $187.14 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NOW	SERVICENOW INC	1,510	$231	0.2%	$171.54	-29.4%	—	81762P102
XSW	SPDR SERIES TRUST	1,150	$215	0.1%	$187.14	—	—	78464A599

Decreased Positions (18)

MSFT MICROSOFT CORP 4.6%

Value ($000) $6,573 (-24.2%) Shares 17,757 (-1.0%) Est. Cost $500.58 Unrealized -13.2%

AAPL APPLE INC 12.0%

Value ($000) $17,165 (-8.1%) Shares 67,634 (-1.6%) Est. Cost $268.34 Unrealized -2.1%

GOOGL ALPHABET INC 5.8%

Value ($000) $8,370 (-9.0%) Shares 29,108 (-1.0%) Est. Cost $285.60 Unrealized +13.2%

TMO THERMO FISHER SCIENTIFIC INC 1.9%

Value ($000) $2,755 (-17.5%) Shares 5,605 (-2.8%) Est. Cost $565.16 Unrealized +1.7%

AVGO BROADCOM INC 1.3%

Value ($000) $1,860 (-14.4%) Shares 6,009 (-4.3%) Est. Cost $357.00 Unrealized -6.4%

META META PLATFORMS INC 1.1%

Value ($000) $1,558 (-15.3%) Shares 2,723 (-2.2%) Est. Cost $667.32 Unrealized -1.8%

IBM INTERNATIONAL BUSINESS MACHS 0.7%

Value ($000) $954 (-22.6%) Shares 3,935 (-5.4%) Est. Cost $298.78 Unrealized -5.0%

GE GE AEROSPACE 1.3%

Value ($000) $1,915 (-11.5%) Shares 6,750 (-3.9%) Est. Cost $300.80 Unrealized +5.8%

ISRG INTUITIVE SURGICAL INC 0.5%

Value ($000) $719 (-23.7%) Shares 1,560 (-6.3%) Est. Cost $532.37 Unrealized -2.1%

BSX BOSTON SCIENTIFIC CORP 0.2%

Value ($000) $229 (-46.4%) Shares 3,652 (-18.5%) Est. Cost $98.04 Unrealized -12.5%

ZTS ZOETIS INC 1.3%

Value ($000) $1,923 (-8.8%) Shares 16,266 (-3.0%) Est. Cost $130.26 Unrealized -3.3%

ORCL ORACLE CORP 0.2%

Value ($000) $326 (-34.9%) Shares 2,217 (-13.7%) Est. Cost $238.05 Unrealized -28.8%

AMZN AMAZON COM INC 0.7%

Value ($000) $1,000 (-13.4%) Shares 4,800 (-4.0%) Est. Cost $228.79 Unrealized -0.9%

ETN EATON CORP PLC 0.6%

Value ($000) $917 (+4.8%) Shares 2,563 (-6.7%) Est. Cost $354.39 Unrealized -0.2%

BLK BLACKROCK INC 0.2%

Value ($000) $247 (-11.5%) Shares 257 (-1.5%) Est. Cost $1089.41 Unrealized +0.7%

ABBV ABBVIE INC 0.2%

Value ($000) $298 (-7.8%) Shares 1,368 (-3.1%) Est. Cost $227.54 Unrealized -2.2%

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.4%

Value ($000) $615 (+4.0%) Shares 1,820 (-6.5%) Est. Cost $303.89 Unrealized —

NFLX NETFLIX INC. 0.2%

Value ($000) $307 (-1.8%) Shares 3,188 (-4.3%) Est. Cost $107.81 Unrealized -22.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	17,757 (-1.0%)	$6,573 (-24.2%)	4.6%	$500.58	-13.2%	COM	594918104
AAPL	APPLE INC	67,634 (-1.6%)	$17,165 (-8.1%)	12.0%	$268.34	-2.1%	COM	037833100
GOOGL	ALPHABET INC	29,108 (-1.0%)	$8,370 (-9.0%)	5.8%	$285.60	+13.2%	CAP STK CL A	02079K305
TMO	THERMO FISHER SCIENTIFIC INC	5,605 (-2.8%)	$2,755 (-17.5%)	1.9%	$565.16	+1.7%	COM	883556102
AVGO	BROADCOM INC	6,009 (-4.3%)	$1,860 (-14.4%)	1.3%	$357.00	-6.4%	COM	11135F101
META	META PLATFORMS INC	2,723 (-2.2%)	$1,558 (-15.3%)	1.1%	$667.32	-1.8%	CL A	30303M102
IBM	INTERNATIONAL BUSINESS MACHS	3,935 (-5.4%)	$954 (-22.6%)	0.7%	$298.78	-5.0%	COM	459200101
GE	GE AEROSPACE	6,750 (-3.9%)	$1,915 (-11.5%)	1.3%	$300.80	+5.8%	COM NEW	369604301
ISRG	INTUITIVE SURGICAL INC	1,560 (-6.3%)	$719 (-23.7%)	0.5%	$532.37	-2.1%	COM NEW	46120E602
BSX	BOSTON SCIENTIFIC CORP	3,652 (-18.5%)	$229 (-46.4%)	0.2%	$98.04	-12.5%	COM	101137107
ZTS	ZOETIS INC	16,266 (-3.0%)	$1,923 (-8.8%)	1.3%	$130.26	-3.3%	CL A	98978V103
ORCL	ORACLE CORP	2,217 (-13.7%)	$326 (-34.9%)	0.2%	$238.05	-28.8%	COM	68389X105
AMZN	AMAZON COM INC	4,800 (-4.0%)	$1,000 (-13.4%)	0.7%	$228.79	-0.9%	COM	023135106
ETN	EATON CORP PLC	2,563 (-6.7%)	$917 (+4.8%)	0.6%	$354.39	-0.2%	SHS	G29183103
BLK	BLACKROCK INC	257 (-1.5%)	$247 (-11.5%)	0.2%	$1089.41	+0.7%	COM	09290D101
ABBV	ABBVIE INC	1,368 (-3.1%)	$298 (-7.8%)	0.2%	$227.54	-2.2%	COM	00287Y109
TSM	TAIWAN SEMICONDUCTOR MANUFAC	1,820 (-6.5%)	$615 (+4.0%)	0.4%	$303.89	—	SPONSORED ADS	874039100
NFLX	NETFLIX INC.	3,188 (-4.3%)	$307 (-1.8%)	0.2%	$107.81	-22.2%	COM	64110L106

Unchanged Positions (28)

LRCX LAM RESEARCH CORP 6.4%

Value ($000) $9,174 Shares 42,937 Est. Cost $155.36 Unrealized +45.4%

BX BLACKSTONE INC 2.0%

Value ($000) $2,938 Shares 25,550 Est. Cost $151.46 Unrealized -7.0%

MRK MERCK & CO INC 3.6%

Value ($000) $5,112 Shares 42,496 Est. Cost $93.24 Unrealized +22.6%

V VISA INC 2.6%

Value ($000) $3,672 Shares 12,148 Est. Cost $340.38 Unrealized -3.3%

QQQ INVESCO QQQ TR 6.4%

Value ($000) $9,175 Shares 15,896 Est. Cost $614.31 Unrealized —

COST COSTCO WHOLESALE CORPORATION 2.7%

Value ($000) $3,811 Shares 3,825 Est. Cost $905.73 Unrealized +6.4%

PWR QUANTA SVCS INC 1.4%

Value ($000) $2,026 Shares 3,690 Est. Cost $439.27 Unrealized +10.7%

VRT VERTIV HOLDINGS CO 0.8%

Value ($000) $1,181 Shares 4,713 Est. Cost $173.58 Unrealized +15.1%

LLY ELI LILLY & CO 1.6%

Value ($000) $2,328 Shares 2,531 Est. Cost $955.55 Unrealized +9.6%

GEV GE VERNOVA INC 0.9%

Value ($000) $1,275 Shares 1,461 Est. Cost $609.04 Unrealized +21.0%

JNJ JOHNSON & JOHNSON 1.3%

Value ($000) $1,870 Shares 7,649 Est. Cost $197.01 Unrealized +15.7%

PG PROCTER & GAMBLE CO 23.8%

Value ($000) $34,236 Shares 237,023 Est. Cost $147.17 Unrealized +3.1%

SPY STATE STR SPDR S&P 500 ETF T 3.0%

Value ($000) $4,251 Shares 6,536 Est. Cost $681.92 Unrealized —

DHR DANAHER CORP DEL 0.5%

Value ($000) $694 Shares 3,660 Est. Cost $219.54 Unrealized +2.3%

GOOG ALPHABET INC 0.9%

Value ($000) $1,363 Shares 4,751 Est. Cost $286.33 Unrealized +13.0%

SNOW SNOWFLAKE INC 0.1%

Value ($000) $215 Shares 1,425 Est. Cost $244.09 Unrealized -20.3%

HD HOME DEPOT INC 1.2%

Value ($000) $1,792 Shares 5,448 Est. Cost $364.59 Unrealized +3.4%

HWM HOWMET AEROSPACE INC 0.5%

Value ($000) $720 Shares 3,125 Est. Cost $199.00 Unrealized +13.8%

MDY STATE STR SPDR S&P MIDCAP 40 1.6%

Value ($000) $2,279 Shares 3,695 Est. Cost $603.28 Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.2%

Value ($000) $224 Shares 575 Est. Cost $509.22 Unrealized -15.3%

URI UNITED RENTALS INC 0.3%

Value ($000) $380 Shares 522 Est. Cost $867.08 Unrealized +1.8%

CIBR FIRST TR EXCHANGE-TRADED FD 0.2%

Value ($000) $237 Shares 3,775 Est. Cost $71.45 Unrealized —

UNP UNION PAC CORP 0.4%

Value ($000) $503 Shares 2,075 Est. Cost $227.32 Unrealized +7.0%

VGT VANGUARD WORLD FD 0.1%

Value ($000) $209 Shares 300 Est. Cost $753.78 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $311 Shares 650 Est. Cost $497.53 Unrealized -0.8%

JEPI J P MORGAN EXCHANGE TRADED F 0.6%

Value ($000) $879 Shares 15,500 Est. Cost $57.24 Unrealized —

NSC NORFOLK SOUTHN CORP 0.7%

Value ($000) $1,005 Shares 3,500 Est. Cost $288.62 Unrealized +3.3%

PNC PNC FINL SVCS GROUP INC 0.2%

Value ($000) $291 Shares 1,400 Est. Cost $192.78 Unrealized +16.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LRCX	LAM RESEARCH CORP	42,937	$9,174	6.4%	$155.36	+45.4%	COM NEW	512807306
BX	BLACKSTONE INC	25,550	$2,938	2.0%	$151.46	-7.0%	COM	09260D107
MRK	MERCK & CO INC	42,496	$5,112	3.6%	$93.24	+22.6%	COM	58933Y105
V	VISA INC	12,148	$3,672	2.6%	$340.38	-3.3%	COM CL A	92826C839
QQQ	INVESCO QQQ TR	15,896	$9,175	6.4%	$614.31	—	UNIT SER 1	46090E103
COST	COSTCO WHOLESALE CORPORATION	3,825	$3,811	2.7%	$905.73	+6.4%	COM	22160K105
PWR	QUANTA SVCS INC	3,690	$2,026	1.4%	$439.27	+10.7%	COM	74762E102
VRT	VERTIV HOLDINGS CO	4,713	$1,181	0.8%	$173.58	+15.1%	COM CL A	92537N108
LLY	ELI LILLY & CO	2,531	$2,328	1.6%	$955.55	+9.6%	COM	532457108
GEV	GE VERNOVA INC	1,461	$1,275	0.9%	$609.04	+21.0%	COM	36828A101
JNJ	JOHNSON & JOHNSON	7,649	$1,870	1.3%	$197.01	+15.7%	COM	478160104
PG	PROCTER & GAMBLE CO	237,023	$34,236	23.8%	$147.17	+3.1%	COM	742718109
SPY	STATE STR SPDR S&P 500 ETF T	6,536	$4,251	3.0%	$681.92	—	TR UNIT	78462F103
DHR	DANAHER CORP DEL	3,660	$694	0.5%	$219.54	+2.3%	COM	235851102
GOOG	ALPHABET INC	4,751	$1,363	0.9%	$286.33	+13.0%	CAP STK CL C	02079K107
SNOW	SNOWFLAKE INC	1,425	$215	0.1%	$244.09	-20.3%	COM SHS	833445109
HD	HOME DEPOT INC	5,448	$1,792	1.2%	$364.59	+3.4%	COM	437076102
HWM	HOWMET AEROSPACE INC	3,125	$720	0.5%	$199.00	+13.8%	COM	443201108
MDY	STATE STR SPDR S&P MIDCAP 40	3,695	$2,279	1.6%	$603.28	—	UTSER1 S&PDCRP	78467Y107
CRWD	CROWDSTRIKE HLDGS INC	575	$224	0.2%	$509.22	-15.3%	CL A	22788C105
URI	UNITED RENTALS INC	522	$380	0.3%	$867.08	+1.8%	COM	911363109
CIBR	FIRST TR EXCHANGE-TRADED FD	3,775	$237	0.2%	$71.45	—	NASDAQ CYB ETF	33734X846
UNP	UNION PAC CORP	2,075	$503	0.4%	$227.32	+7.0%	COM	907818108
VGT	VANGUARD WORLD FD	300	$209	0.1%	$753.78	—	INF TECH ETF	92204A702
BRK/B	BERKSHIRE HATHAWAY INC DEL	650	$311	0.2%	$497.53	-0.8%	CL B NEW	084670702
JEPI	J P MORGAN EXCHANGE TRADED F	15,500	$879	0.6%	$57.24	—	EQUITY PREMIUM	46641Q332
NSC	NORFOLK SOUTHN CORP	3,500	$1,005	0.7%	$288.62	+3.3%	COM	655844108
PNC	PNC FINL SVCS GROUP INC	1,400	$291	0.2%	$192.78	+16.7%	COM	693475105