1y return+19.4%S&P 500 +20.9%
3y return+37.0%S&P 500 +68.5%
5y return−0.3%S&P 500 +74.5%
10y return+151.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $251 against $357 in the S&P 500.2
Permit Capital, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SBACSba Communications Corp | $101.5M | 28.4% | |
| PBIPitney Bowes Inc | $61.3M | 17.2% | |
| EXPEExpedia Group Inc | $19.7M | 5.5% | |
| FTDRFrontdoor Inc | $15.3M | 4.3% | |
| WDCWestern Digital Corp | $13.4M | 3.8% | −49.0% |
| MTCHMatch Group Inc New | $13.3M | 3.7% | |
| CVSCvs Health Corp | $13.0M | 3.6% | |
| HPQHp Inc | $12.5M | 3.5% | |
| GOOGAlphabet Inc | $12.3M | 3.4% | |
| OTEXOpen Text Corp | $11.7M | 3.3% | +46.4% |
| GENGen Digital Inc | $11.0M | 3.1% | +18.3% |
| ECHOEchostar Corp | $10.3M | 2.9% | −4.0% |
| MTGMgic Invt Corp Wis | $9.6M | 2.7% | |
| EPAMEpam Sys Inc | $8.6M | 2.4% | New |
| METAMeta Platforms Inc | $8.4M | 2.4% | |
| IDCCInterdigital Inc | $8.2M | 2.3% | |
| RRCRange Res Corp | $7.8M | 2.2% | |
| Signet Jewelers LimitedCUSIP G81276100 | $7.0M | 2.0% | |
| KBRKbr Inc | $6.9M | 1.9% | New |
| PYPLPaypal Hldgs Inc | $5.6M | 1.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| WDCWestern Digital Corp | June 30, 2020 | +1346.7% | $13.4M |
| ECHOEchostar Corp | March 31, 2024 | +612.3% | $10.3M |
| IDCCInterdigital Inc | June 30, 2020 | +399.9% | $8.2M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $12.3M |
| MTGMgic Invt Corp Wis | June 30, 2020 | +244.3% | $9.6M |
| PBIPitney Bowes Inc | March 31, 2022 | +237.0% | $61.3M |
| METAMeta Platforms Inc | March 31, 2022 | +153.3% | $8.4M |
| FTDRFrontdoor Inc | June 30, 2024 | +129.6% | $15.3M |
| RRCRange Res Corp | September 30, 2021 | +64.3% | $7.8M |
| CVSCvs Health Corp | June 30, 2020 | +59.2% | $13.0M |
Sold off last quarter
- Qvc Group IncCUSIP 74915M605 was $864K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +19.2% | +14.8% |
| March 31, 2026 | −5.9% | −4.6% |
| December 31, 2025 | +3.0% | +2.4% |
| September 30, 2025 | +3.4% | +7.8% |
| June 30, 2025 | +10.8% | +10.5% |
| March 31, 2025 | +1.1% | −4.6% |
| December 31, 2024 | −6.4% | +2.1% |
| September 30, 2024 | +18.0% | +5.4% |
| June 30, 2024 | −3.1% | +4.0% |
| March 31, 2024 | −4.4% | +10.0% |
| December 31, 2023 | +9.5% | +11.2% |
| September 30, 2023 | −8.7% | −3.6% |
| June 30, 2023 | −4.8% | +8.3% |
| March 31, 2023 | −1.8% | +7.0% |
| December 31, 2022 | +0.1% | +7.1% |
| September 30, 2022 | −11.4% | −5.3% |
| June 30, 2022 | −12.9% | −16.5% |
| March 31, 2022 | −9.3% | −4.9% |
| December 31, 2021 | +10.8% | +10.7% |
| September 30, 2021 | +0.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Permit Capital, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1313978&type=13F-HR&dateb=&owner=include&count=40CIK 1313978
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1313978/000119312526344263/Filed August 11, 2026 · accession 0001193125-26-344263