Patient Capital Management, LLC Long-Term Concentrated

Location: Baltimore, MD

CIK: 0001854794 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $2.591B (100.0% shares, 0.0% debt)

Holdings (40)

GOOGL ALPHABET INC 7.0%

Value $182M Shares 581,637 Est. Cost $115.84 Unrealized +146.5%

C CITIGROUP INC 5.8%

Value $151M Shares 1,291,794 Est. Cost $42.91 Unrealized +141.5%

AMZN AMAZON COM INC 5.0%

Value $130M Shares 562,559 Est. Cost $115.43 Unrealized +98.2%

RPRX ROYALTY PHARMA PLC 5.0%

Value $129M Shares 3,333,675 Est. Cost $28.53 Unrealized +33.7%

QXO QXO INC 4.8%

Value $125M Shares 6,468,854 Est. Cost $29.17 Unrealized -34.3%

UNH UNITEDHEALTH GROUP INC 4.7%

Value $122M Shares 368,293 Est. Cost $338.22 Unrealized -0.3%

NVDA NVIDIA CORPORATION 4.6%

Value $119M Shares 638,814 Est. Cost $99.33 Unrealized +87.4%

NCLH NORWEGIAN CRUISE LINE HLDG L 4.6%

Value $118M Shares 5,308,128 Est. Cost $19.05 Unrealized +10.8%

BIIB BIOGEN INC 3.9%

Value $101M Shares 576,352 Est. Cost $180.95 Unrealized -9.7%

CVS CVS HEALTH CORP 3.8%

Value $97.73M Shares 1,231,416 Est. Cost $59.10 Unrealized +33.1%

META META PLATFORMS INC 3.6%

Value $94.45M Shares 143,094 Est. Cost $249.96 Unrealized +167.0%

IAC IAC INC 3.6%

Value $92.83M Shares 2,374,050 Est. Cost $42.88 Unrealized -18.3%

ET ENERGY TRANSFER L P 3.4%

Value $86.95M Shares 5,272,875 Est. Cost $13.28 Unrealized —

PGEN PRECIGEN INC 3.0%

Value $78.06M Shares 18,673,466 Est. Cost $1.90 Unrealized +103.8%

ILMN ILLUMINA INC 2.9%

Value $75.52M Shares 575,768 Est. Cost $106.74 Unrealized +10.0%

UAL UNITED AIRLS HLDGS INC 2.8%

Value $73.14M Shares 654,121 Est. Cost $46.02 Unrealized +119.6%

SDRL SEADRILL LTD 2.7%

Value $71.06M Shares 2,053,797 Est. Cost $38.17 Unrealized -18.4%

CROX CROCS INC 2.5%

Value $64.89M Shares 758,797 Est. Cost $93.23 Unrealized -10.3%

GM GENERAL MTRS CO 2.4%

Value $62.75M Shares 771,647 Est. Cost $35.04 Unrealized +100.9%

FBTC FIDELITY WISE ORIGIN BITCOIN 2.3%

Value $59.59M Shares 781,695 Est. Cost $74.19 Unrealized —

OMF ONEMAIN HLDGS INC 2.2%

Value $55.72M Shares 824,942 Est. Cost $40.03 Unrealized +51.9%

MAT MATTEL INC 2.1%

Value $55.44M Shares 2,794,343 Est. Cost $18.61 Unrealized +3.8%

UBS UBS GROUP AG 2.1%

Value $54.99M Shares 1,187,326 Est. Cost $20.29 Unrealized +99.1%

CHYM CHIME FINL INC 2.0%

Value $51.22M Shares 2,035,112 Est. Cost $21.24 Unrealized 0.0%

EXPE EXPEDIA GROUP INC 1.9%

Value $49.94M Shares 176,282 Est. Cost $102.21 Unrealized +141.5%

DAL DELTA AIR LINES INC DEL 1.8%

Value $47.22M Shares 680,405 Est. Cost $37.54 Unrealized +66.3%

COIN COINBASE GLOBAL INC 1.6%

Value $40.46M Shares 178,923 Est. Cost $96.82 Unrealized +207.8%

NE NOBLE CORP PLC 1.4%

Value $36.18M Shares 1,281,155 Est. Cost $25.23 Unrealized +15.9%

SOFI SOFI TECHNOLOGIES INC 1.2%

Value $31.38M Shares 1,198,484 Est. Cost $7.03 Unrealized +296.6%

PLAY DAVE & BUSTERS ENTMT INC 1.0%

Value $26.96M Shares 1,663,341 Est. Cost $32.24 Unrealized -48.1%

JD JD.COM INC 0.9%

Value $24.14M Shares 840,985 Est. Cost $39.96 Unrealized —

TEM TEMPUS AI INC 0.9%

Value $22.56M Shares 382,128 Est. Cost $57.34 Unrealized +36.4%

FISV FISERV INC 0.7%

Value $17.41M Shares 259,161 Est. Cost $83.87 Unrealized 0.0%

BABA ALIBABA GROUP HLDG LTD 0.6%

Value $14.67M Shares 100,114 Est. Cost $84.40 Unrealized —

PTON PELOTON INTERACTIVE INC 0.4%

Value $11.58M Shares 1,880,356 Est. Cost $7.47 Unrealized -5.7%

JPM JPMORGAN CHASE & CO. 0.4%

Value $9.467M Shares 29,379 Est. Cost $131.03 Unrealized +136.2%

YOU CLEAR SECURE INC 0.2%

Value $4.385M Shares 125,000 Est. Cost $24.40 Unrealized +39.2%

APA APA CORPORATION 0.0%

Value $1.223M Shares 50,000 Est. Cost $22.14 Unrealized +9.0%

LEN/B LENNAR CORP 0.0%

Value $1.189M Shares 12,500 Est. Cost $56.95 Unrealized +98.0%

SPY SPDR S&P 500 ETF TR 0.0%

Value $733K Shares 1,075 Est. Cost $675.86 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	581,637	$182M	7.0%	$115.84	+146.5%	CAP STK CL A	02079K305
C	CITIGROUP INC	1,291,794	$151M	5.8%	$42.91	+141.5%	COM NEW	172967424
AMZN	AMAZON COM INC	562,559	$130M	5.0%	$115.43	+98.2%	COM	023135106
RPRX	ROYALTY PHARMA PLC	3,333,675	$129M	5.0%	$28.53	+33.7%	SHS CLASS A	G7709Q104
QXO	QXO INC	6,468,854	$125M	4.8%	$29.17	-34.3%	COM NEW	82846H405
UNH	UNITEDHEALTH GROUP INC	368,293	$122M	4.7%	$338.22	-0.3%	COM	91324P102
NVDA	NVIDIA CORPORATION	638,814	$119M	4.6%	$99.33	+87.4%	COM	67066G104
NCLH	NORWEGIAN CRUISE LINE HLDG L	5,308,128	$118M	4.6%	$19.05	+10.8%	SHS	G66721104
BIIB	BIOGEN INC	576,352	$101M	3.9%	$180.95	-9.7%	COM	09062X103
CVS	CVS HEALTH CORP	1,231,416	$97.73M	3.8%	$59.10	+33.1%	COM	126650100
META	META PLATFORMS INC	143,094	$94.45M	3.6%	$249.96	+167.0%	CL A	30303M102
IAC	IAC INC	2,374,050	$92.83M	3.6%	$42.88	-18.3%	COM NEW	44891N208
ET	ENERGY TRANSFER L P	5,272,875	$86.95M	3.4%	$13.28	—	COM UT LTD PTN	29273V100
PGEN	PRECIGEN INC	18,673,466	$78.06M	3.0%	$1.90	+103.8%	COM	74017N105
ILMN	ILLUMINA INC	575,768	$75.52M	2.9%	$106.74	+10.0%	COM	452327109
UAL	UNITED AIRLS HLDGS INC	654,121	$73.14M	2.8%	$46.02	+119.6%	COM	910047109
SDRL	SEADRILL LTD	2,053,797	$71.06M	2.7%	$38.17	-18.4%	COM	G7997W102
CROX	CROCS INC	758,797	$64.89M	2.5%	$93.23	-10.3%	COM	227046109
GM	GENERAL MTRS CO	771,647	$62.75M	2.4%	$35.04	+100.9%	COM	37045V100
FBTC	FIDELITY WISE ORIGIN BITCOIN	781,695	$59.59M	2.3%	$74.19	—	SHS	315948109
OMF	ONEMAIN HLDGS INC	824,942	$55.72M	2.2%	$40.03	+51.9%	COM	68268W103
MAT	MATTEL INC	2,794,343	$55.44M	2.1%	$18.61	+3.8%	COM	577081102
UBS	UBS GROUP AG	1,187,326	$54.99M	2.1%	$20.29	+99.1%	SHS	H42097107
CHYM	CHIME FINL INC	2,035,112	$51.22M	2.0%	$21.24	0.0%	COM SHS CL A	16935C109
EXPE	EXPEDIA GROUP INC	176,282	$49.94M	1.9%	$102.21	+141.5%	COM NEW	30212P303
DAL	DELTA AIR LINES INC DEL	680,405	$47.22M	1.8%	$37.54	+66.3%	COM NEW	247361702
COIN	COINBASE GLOBAL INC	178,923	$40.46M	1.6%	$96.82	+207.8%	COM CL A	19260Q107
NE	NOBLE CORP PLC	1,281,155	$36.18M	1.4%	$25.23	+15.9%	ORD SHS A	G65431127
SOFI	SOFI TECHNOLOGIES INC	1,198,484	$31.38M	1.2%	$7.03	+296.6%	COM	83406F102
PLAY	DAVE & BUSTERS ENTMT INC	1,663,341	$26.96M	1.0%	$32.24	-48.1%	COM	238337109
JD	JD.COM INC	840,985	$24.14M	0.9%	$39.96	—	SPON ADS CL A	47215P106
TEM	TEMPUS AI INC	382,128	$22.56M	0.9%	$57.34	+36.4%	CL A	88023B103
FISV	FISERV INC	259,161	$17.41M	0.7%	$83.87	0.0%	COM	337738108
BABA	ALIBABA GROUP HLDG LTD	100,114	$14.67M	0.6%	$84.40	—	SPONSORED ADS	01609W102
PTON	PELOTON INTERACTIVE INC	1,880,356	$11.58M	0.4%	$7.47	-5.7%	CL A COM	70614W100
JPM	JPMORGAN CHASE & CO.	29,379	$9.467M	0.4%	$131.03	+136.2%	COM	46625H100
YOU	CLEAR SECURE INC	125,000	$4.385M	0.2%	$24.40	+39.2%	COM CL A	18467V109
APA	APA CORPORATION	50,000	$1.223M	0.0%	$22.14	+9.0%	COM	03743Q108
LEN/B	LENNAR CORP	12,500	$1.189M	0.0%	$56.95	+98.0%	CL B	526057302
SPY	SPDR S&P 500 ETF TR	1,075	$733K	0.0%	$675.86	—	TR UNIT	78462F103