Latest Pearl River Capital, LLC Stock Portfolio

Pearl River Capital, LLC Performance:

2024 Q2: -4.29%YTD: 1.25%2023: 14.05%

Performance for 2024 Q2 is -4.29%, and YTD is 1.25%, and 2023 is 14.05%.

About Pearl River Capital, LLC and 13F Hedge Fund Stock Holdings

Pearl River Capital, LLC is a hedge fund based in NILES, MI. On 01-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $652.3 Millions. In it's latest 13F Holdings report, Pearl River Capital, LLC reported an equity portfolio of $629.7 Millions as of 30 Jun, 2024.

The top stock holdings of Pearl River Capital, LLC are MDT, V, TEL. The fund has invested 1.5% of it's portfolio in MEDTRONIC PLC and 1.5% of portfolio in VISA INC.

The fund managers got completely rid off HOME DEPOT INC (HD), ULTA BEAUTY INC (ULTA) and WALMART INC (WMT) stocks. They significantly reduced their stock positions in MASCO CORP (MAS), ON HLDG AG and MARATHON PETE CORP (MPC). Pearl River Capital, LLC opened new stock positions in MEDTRONIC PLC (MDT), UNION PAC CORP (UNP) and NIKE INC (NKE). The fund showed a lot of confidence in some stocks as they added substantially to CARNIVAL CORP (CCL), WABTEC (WAB) and VISA INC (V).

Pearl River Capital, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Pearl River Capital, LLC made a return of -4.29% in the last quarter. In trailing 12 months, it's portfolio return was 9.16%.

New Buys

Ticker	$ Bought
medtronic plc	9,531,150
union pac corp	7,008,860
nike inc	6,855,350
corning inc	6,817,090
dynatrace inc	6,790,550
pfizer inc	6,586,160
mastercard incorporated	6,569,310
toro co	6,488,190

New stocks bought by Pearl River Capital, LLC

Additions

Ticker	% Inc.
carnival corp	1,769
wabtec	1,638
visa inc	1,339
dropbox inc	1,270
doximity inc	1,120
gap inc	926
northrop grumman corp	828
lyft inc	815

Additions to existing portfolio by Pearl River Capital, LLC

Reductions

Ticker	% Reduced
masco corp	-92.72
on hldg ag	-89.07
marathon pete corp	-88.4
ross stores inc	-87.48
valaris ltd	-87.45
nucor corp	-87.1
on semiconductor corp	-84.42
owens corning new	-83.2

Pearl River Capital, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
stoneco ltd	-5,456,250
cnh indl n v	-2,269,870
walgreens boots alliance inc	-2,817,600
walmart inc	-7,464,930
dlocal ltd	-1,819,480
toast inc	-2,011,820
permian resources corp	-1,416,790
pure storage inc	-4,107,110

Pearl River Capital, LLC got rid off the above stocks

Sector Distribution

Pearl River Capital, LLC has about 25.6% of it's holdings in Technology sector.

Sector	%
Technology	25.6
Consumer Cyclical	14.7
Industrials	14.1
Healthcare	12.6
Financial Services	8.6
Energy	6.3
Others	4.6
Consumer Defensive	4.6
Basic Materials	3.8
Communication Services	2.8
Real Estate	1.4

Market Cap. Distribution

Pearl River Capital, LLC has about 62.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	55.1
MID-CAP	32.5
MEGA-CAP	7.6
UNALLOCATED	4.1

Stocks belong to which Index?

About 63.1% of the stocks held by Pearl River Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	50.9
Others	37
RUSSELL 2000	12.2

Top 5 Winners (%)		%
HIMS	hims & hers health inc	38.6 %
ANF	abercrombie & fitch co	36.3 %
CRUS	cirrus logic inc	35.5 %
LNTH	lantheus hldgs inc	27.8 %
CCL	carnival corp	23.6 %

Top 5 Winners ($)		$
NTAP	netapp inc	1.2 M
CRWD	crowdstrike hldgs inc	1.0 M
LNTH	lantheus hldgs inc	0.8 M
GLW	corning inc	0.7 M
HIMS	hims & hers health inc	0.7 M

Top 5 Losers (%)		%
NVDA	nvidia corporation	-77.4 %
APH	amphenol corp new	-44.1 %
SIRI	sirius xm holdings inc	-25.2 %
U	unity software inc	-25.1 %
CVI	cvr energy inc	-23.8 %

Top 5 Losers ($)		$
NVDA	nvidia corporation	-14.3 M
NKE	nike inc	-1.5 M
U	unity software inc	-1.1 M
APH	amphenol corp new	-1.0 M
EL	lauder estee cos inc	-1.0 M

Pearl River Capital, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Pearl River Capital, LLC

Pearl River Capital, LLC has 400 stocks in it's portfolio. About 12% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. NTAP was the most profitable stock for Pearl River Capital, LLC last quarter.

Last Reported on: 13 Aug, 2024

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	MDT	medtronic plc	1.51	121,092	9,531,150	new
Historical Trend of MEDTRONIC PLC Position Held By Pearl River Capital, LLC What % of Portfolio is MDT?: Number of MDT shares held: Change in No. of Shares Held:
	V	visa inc	1.46	35,042	9,197,470	added	1,339

	TEL	te connectivity ltd	1.22	51,145	7,693,740	reduced	-4.61

	UPS	united parcel service inc	1.22	55,975	7,660,180	added	71.08

	OKTA	okta inc	1.12	75,638	7,080,470	added	96.68

	UNP	union pac corp	1.11	30,977	7,008,860	new

		scorpio tankers inc	1.11	85,744	6,970,130	added	192

	WAB	wabtec	1.09	43,487	6,873,120	added	1,638

	NKE	nike inc	1.09	90,956	6,855,350	new

	GLW	corning inc	1.08	175,472	6,817,090	new

	NOC	northrop grumman corp	1.08	15,612	6,806,050	added	828

	DT	dynatrace inc	1.08	151,778	6,790,550	new

	TWLO	twilio inc	1.08	119,328	6,779,020	added	46.46

	PFE	pfizer inc	1.05	235,388	6,586,160	new

	MA	mastercard incorporated	1.04	14,891	6,569,310	new

	TTC	toro co	1.03	69,385	6,488,190	new

	NTAP	netapp inc	1.02	50,134	6,457,260	reduced	-3.23

	GM	general mtrs co	1.01	136,285	6,331,800	added	395

	FDS	factset resh sys inc	0.96	14,774	6,031,780	new

	CRWD	crowdstrike hldgs inc	0.91	14,982	5,740,950	new