# Peirce Capital Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2008166. Source: https://holderbook.com/funds/2008166-peirce-capital-management-llc/

- Reported value: $272.7M
- Positions: 45
- Weight of the ten largest: 79.1%
- Filed: 2026-07-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $33.1M | 746,235 | 12.1% | 11 |
| EA SERIES TRUST | [BSVO](https://holderbook.com/stocks/BSVO/) | $28.4M | 972,972 | 10.4% | 11 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $27.4M | 166,936 | 10.1% | 11 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $27.0M | 216,611 | 9.9% | 11 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $23.0M | 222,752 | 8.4% | 11 |
| DIMENSIONAL ETF TRUST | [DFEM](https://holderbook.com/stocks/DFEM/) | $18.7M | 459,338 | 6.8% | 11 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $16.9M | 189,919 | 6.2% | 11 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $16.0M | 296,414 | 5.9% | 11 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $15.5M | 262,383 | 5.7% | 11 |
| DIMENSIONAL ETF TRUST | [DFUV](https://holderbook.com/stocks/DFUV/) | $9.8M | 178,595 | 3.6% | 11 |
| DIMENSIONAL ETF TRUST | [DFSD](https://holderbook.com/stocks/DFSD/) | $9.2M | 192,512 | 3.4% | 11 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $7.8M | 212,692 | 2.9% | 11 |
| DIMENSIONAL ETF TRUST | [DFGR](https://holderbook.com/stocks/DFGR/) | $7.1M | 244,292 | 2.6% | 11 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $6.4M | 127,798 | 2.4% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $4.1M | 10,949 | 1.5% | 11 |
| DIMENSIONAL ETF TRUST | [DFIC](https://holderbook.com/stocks/DFIC/) | $2.6M | 69,652 | 1.0% | 11 |
| DIMENSIONAL ETF TRUST | [DISV](https://holderbook.com/stocks/DISV/) | $1.7M | 41,320 | 0.6% | 11 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $1.4M | 27,760 | 0.5% | 11 |
| DIMENSIONAL ETF TRUST | [DFAU](https://holderbook.com/stocks/DFAU/) | $1.3M | 26,054 | 0.5% | 11 |
| ISHARES TR | [REET](https://holderbook.com/stocks/REET/) | $1.2M | 45,212 | 0.5% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.1M | 3,007 | 0.4% | 3 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $1.1M | 15,757 | 0.4% | 11 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.0M | 12,530 | 0.4% | 11 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $781.2K | 3,904 | 0.3% | 3 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $777.9K | 5,883 | 0.3% | 11 |
| DIMENSIONAL ETF TRUST | [DFSV](https://holderbook.com/stocks/DFSV/) | $773.2K | 19,933 | 0.3% | 5 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $725.6K | 7,992 | 0.3% | 5 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $696.9K | 1,657 | 0.3% | 3 |
| COMMERCIAL METALS CO | [CMC](https://holderbook.com/stocks/CMC/) | $688.1K | 10,966 | 0.3% | 11 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $646.2K | 4,727 | 0.2% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $624.0K | 10,454 | 0.2% | 11 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $599.5K | 1,978 | 0.2% | 2 |
| ISHARES TR | [IVLU](https://holderbook.com/stocks/IVLU/) | $583.2K | 13,946 | 0.2% | 11 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $491.4K | 2,310 | 0.2% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $483.4K | 403 | 0.2% | 11 |
| TALOS ENERGY INC | [TALO](https://holderbook.com/stocks/TALO/) | $471.3K | 36,508 | 0.2% | 6 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $370.6K | 9,216 | 0.1% | 5 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $350.6K | 2,115 | 0.1% | 11 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $300.4K | 1,257 | 0.1% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $285.1K | 1,196 | 0.1% | 10 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $278.0K | 2,674 | 0.1% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $268.8K | 929 | 0.1% | 11 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $246.0K | 2,856 | 0.1% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $219.8K | 873 | 0.1% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $200.8K | 174 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.6% | +14.8% | -5.2% | 100% |
| Q1 2026 | +2.7% | -4.6% | +7.3% | 100% |
| Q4 2025 | +2.9% | +2.4% | +0.6% | 100% |
| Q3 2025 | +7.3% | +7.8% | -0.6% | 100% |
| Q2 2025 | +7.3% | +10.5% | -3.1% | 100% |
| Q1 2025 | -0.6% | -4.6% | +4.0% | 100% |
| Q4 2024 | -3.6% | +2.1% | -5.7% | 100% |
| Q3 2024 | +6.4% | +5.4% | +1.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $272.7M | 45 |
| Q1 2026 | $255.7M | 43 |
| Q4 2025 | $251.2M | 43 |
| Q3 2025 | $240.6M | 40 |
| Q2 2025 | $225.6M | 45 |
| Q1 2025 | $202.1M | 35 |
| Q4 2024 | $194.9M | 35 |
| Q3 2024 | $199.2M | 35 |
| Q2 2024 | $188.9M | 37 |
| Q1 2024 | $182.2M | 40 |
| Q4 2023 | $165.6M | 38 |