Equal-WT
WhaleScore 2.0
?
Pier Capital is based out of Stamford. Pier Capital is a hedge fund with 13 clients and discretionary assets under management (AUM) of $719,562,121 (Form ADV from 2024-03-29). Their last reported 13F filing for Q1 2025 included $596,816,716 in managed 13F securities
and a top 10 holdings concentration of 17.54%. Pier Capital's largest holding is Mirion Technologies Inc with shares held of 941,480. Whalewisdom has at least 84 13F filings
Business Description
Pier Capital, LLC is a SEC-registered investment advisor with a principal place of business in Stamford, Connecticut, and a research/investment team office in Jersey City, New Jersey. The firm was established in 1987 as ABB Investment Management, became SEB Asset Management America, Inc. in 1998, and finally became Pier Capital, LLC in 2004.
The firm offers discretionary portfolio management services to institutions and high-net-worth individuals, managing client funds in separately-managed accounts or invested in their private fund, or both. They offer domestic equity products, including Small Cap Growth, Small/Mid (SMid) Cap Growth, Small Cap Growth Concentrated, and Mid Cap Growth Concentrated, with an ESG factor overlay. They are also a sub-adviser to publicly traded Mutual Funds in the U.S. and Sweden and a portfolio manager to Pier Capital Commingled Small Cap Growth Fund Investment Trust.
Investment Strategy
The firm offers several investment strategies including Small Cap Growth, SMID Cap Growth, Small Cap Growth Concentrated, and Mid Cap Growth Concentrated. They also employ long-term purchases, where securities are held for a year or longer, believing them to be undervalued or wanting exposure to a particular asset class.
Another strategy involves short-term purchases, which carries the risk of potential losses if the anticipated price swing does not materialize, increased trading costs, and less favorable tax treatment of short-term capital gains. The firm primarily invests in equity securities, acknowledging the inherent risks associated with stock market investments.
Owners
- WRIGHT, NATALIE, ANNETTE - EQUITY TRADER, MEMBER
- YAKIREVICH, ALEXANDER - PRESIDENT, CHIEF INVESTMENT OFFICER
- HAWKINS, FREDERIC, ROSSITER - NATIONAL ACCOUNT REPRESENTATIVE, MEMBER
- PARSONS, JAN, ERIC - CHAIRMAN
- HOKENSON, JOHN, ANDREW - SENIOR EQUITY ANALYST, MEMBER
- HUA, HONGYUAN - SENIOR EQUITY ANALYST, MEMBER
- MIENKO, KATARZYNA - CHIEF COMPLIANCE OFFICER
- Malinsky, Dmitry - EQUITY ANALYST, MEMBER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2025-03-31
Top Buys (13F)
| Name | % Change |
|---|---|
| BE Bloom Energy Corp | 1.1% |
| CWAN Clearwater Analytics | 0.86% |
| HLI Houlihan Lokey Inc | 0.85% |
| ANGO Angiodynamics Inc | 0.78% |
| CDXS Codexis Inc | 0.75% |
2025-03-31
Top Sells (13F)
| Name | % Change |
|---|---|
| SGRY Surgery Partners Inc | 1.15% |
| HQY HealthEquity Inc | 1.14% |
| RPD Rapid7 Inc | 1.07% |
| NCNO Ncino Inc | 1.07% |
| POWI Power Integrations, | 1.01% |
2025-03-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| MIR Mirion Technologies | 2.29% |
| FROG JFrog Ltd | 1.85% |
| OLLI Ollies Bargain Outle | 1.78% |
| UTI Universal Technical | 1.76% |
| GBCI Glacier Bancorp, Inc | 1.67% |
2025-03-31
13F Activity
| Market Value | $0.60b, Prior: $0.70b |
| Inflows (Outflows) as % of Total MV | (-3.3332)% |
| New Purchases | 13 stocks |
| Added To | 47 stocks |
| Sold out of | 15 stocks |
| Reduced holdings in | 44 stocks |
| Top 10 Holdings % | 17.54% |
| Turnover %[1] | 21.37% |
| Turnover Alt %[2] | 19.19% |
| Time Held Top 20 | 0.45 quarters |
| Time Held Top 10 | 0.5 quarters |
| Time Held All | 7.99 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2025-03-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2025-03-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31