{
 "manager": "Patient Capital Management",
 "page": "https://www.moatshark.com/m/patient-capital-management",
 "form": "13F-HR",
 "period": "2026-06-30",
 "filed": "2026-08-13",
 "previous_period": "2026-03-31",
 "filing_url": "https://www.sec.gov/Archives/edgar/data/1854794/000185479426000005/0001854794-26-000005-index.htm",
 "total_value_usd": 3050483973,
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holdings": [
  {
   "company": "Royalty Pharma",
   "ticker": "RPRX",
   "moatshark_slug": "rprx",
   "sector": "Health care",
   "value_usd": 201785166,
   "shares": 3598808,
   "portfolio_pct": 6.61,
   "previous_pct": 6.39,
   "change": "REDUCE",
   "share_change_pct": -1.2,
   "quarters_held": 11
  },
  {
   "company": "Citigroup",
   "ticker": "C",
   "moatshark_slug": "c",
   "sector": "Financials",
   "value_usd": 196430787,
   "shares": 1403477,
   "portfolio_pct": 6.44,
   "previous_pct": 5.86,
   "change": "REDUCE",
   "share_change_pct": -0.7,
   "quarters_held": 18
  },
  {
   "company": "Alphabet",
   "ticker": "GOOG",
   "moatshark_slug": "goog",
   "sector": "Communication and media",
   "value_usd": 187887516,
   "shares": 525750,
   "portfolio_pct": 6.16,
   "previous_pct": 5.61,
   "change": "REDUCE",
   "share_change_pct": -1.5,
   "quarters_held": 19
  },
  {
   "company": "UnitedHealth Group",
   "ticker": "UNH",
   "moatshark_slug": "unh",
   "sector": "Health care",
   "value_usd": 181951987,
   "shares": 437773,
   "portfolio_pct": 5.96,
   "previous_pct": 4.32,
   "change": "ADD",
   "share_change_pct": 0.1,
   "quarters_held": 5
  },
  {
   "company": "Amazon.com",
   "ticker": "AMZN",
   "moatshark_slug": "amzn",
   "sector": "Consumer discretionary",
   "value_usd": 162320874,
   "shares": 681047,
   "portfolio_pct": 5.32,
   "previous_pct": 4.98,
   "change": "ADD",
   "share_change_pct": 4.1,
   "quarters_held": 19
  },
  {
   "company": "NVIDIA",
   "ticker": "NVDA",
   "moatshark_slug": "nvda",
   "sector": "Technology",
   "value_usd": 141981419,
   "shares": 709587,
   "portfolio_pct": 4.65,
   "previous_pct": 4.53,
   "change": "REDUCE",
   "share_change_pct": -0.2,
   "quarters_held": 10
  },
  {
   "company": "CVS Health",
   "ticker": "CVS",
   "moatshark_slug": "cvs",
   "sector": "Consumer staples",
   "value_usd": 127813106,
   "shares": 1235505,
   "portfolio_pct": 4.19,
   "previous_pct": 3.56,
   "change": "REDUCE",
   "share_change_pct": -9,
   "quarters_held": 12
  },
  {
   "company": "Norwegian Cruise Line Holdings",
   "ticker": "NCLH",
   "moatshark_slug": "nclh",
   "sector": "Industrials",
   "value_usd": 127285750,
   "shares": 6029642,
   "portfolio_pct": 4.17,
   "previous_pct": 3.93,
   "change": "ADD",
   "share_change_pct": 4.9,
   "quarters_held": 19
  },
  {
   "company": "QXO",
   "ticker": "QXO",
   "moatshark_slug": "qxo",
   "sector": "Industrials",
   "value_usd": 123321646,
   "shares": 7136669,
   "portfolio_pct": 4.04,
   "previous_pct": 4.81,
   "change": "ADD",
   "share_change_pct": 5.3,
   "quarters_held": 8
  },
  {
   "company": "Energy Transfer LP",
   "ticker": "ET",
   "moatshark_slug": "et",
   "sector": "Utilities",
   "value_usd": 116262573,
   "shares": 6080678,
   "portfolio_pct": 3.81,
   "previous_pct": 4.3,
   "change": "REDUCE",
   "share_change_pct": -0.1,
   "quarters_held": 19
  },
  {
   "company": "IAC",
   "ticker": "PPLI",
   "moatshark_slug": "ppli",
   "sector": "Technology",
   "value_usd": 111963801,
   "shares": 2425558,
   "portfolio_pct": 3.67,
   "previous_pct": 3.95,
   "change": "REDUCE",
   "share_change_pct": -10.2,
   "quarters_held": 13
  },
  {
   "company": "Precigen",
   "ticker": "PGEN",
   "moatshark_slug": "pgen",
   "sector": "Health care",
   "value_usd": 108510760,
   "shares": 19036976,
   "portfolio_pct": 3.56,
   "previous_pct": 2.52,
   "change": "ADD",
   "share_change_pct": 6.8,
   "quarters_held": 19
  },
  {
   "company": "United Airlines Holdings",
   "ticker": "UAL",
   "moatshark_slug": "ual",
   "sector": "Industrials",
   "value_usd": 99479991,
   "shares": 731523,
   "portfolio_pct": 3.26,
   "previous_pct": 2.46,
   "change": "REDUCE",
   "share_change_pct": -0.1,
   "quarters_held": 17
  },
  {
   "company": "Crocs",
   "ticker": "CROX",
   "moatshark_slug": "crox",
   "sector": "Other",
   "value_usd": 96442926,
   "shares": 799426,
   "portfolio_pct": 3.16,
   "previous_pct": 2.56,
   "change": "REDUCE",
   "share_change_pct": -5.2,
   "quarters_held": 11
  },
  {
   "company": "Meta Platforms",
   "ticker": "META",
   "moatshark_slug": "meta",
   "sector": "Communication and media",
   "value_usd": 96204723,
   "shares": 170790,
   "portfolio_pct": 3.15,
   "previous_pct": 3.58,
   "change": "REDUCE",
   "share_change_pct": -0.2,
   "quarters_held": 19
  },
  {
   "company": "Chime Financial",
   "ticker": "CHYM",
   "moatshark_slug": "chym",
   "sector": "Financials",
   "value_usd": 83609379,
   "shares": 4082489,
   "portfolio_pct": 2.74,
   "previous_pct": 1.97,
   "change": "ADD",
   "share_change_pct": 41.7,
   "quarters_held": 3
  },
  {
   "company": "Adobe",
   "ticker": "ADBE",
   "moatshark_slug": "adbe",
   "sector": "Technology",
   "value_usd": 74038129,
   "shares": 361126,
   "portfolio_pct": 2.43,
   "previous_pct": 2.64,
   "change": "ADD",
   "share_change_pct": 21.5,
   "quarters_held": 2
  },
  {
   "company": "Seadrill",
   "ticker": "SDRL",
   "moatshark_slug": "sdrl",
   "sector": "Energy",
   "value_usd": 73875926,
   "shares": 1953355,
   "portfolio_pct": 2.42,
   "previous_pct": 3.58,
   "change": "REDUCE",
   "share_change_pct": -9.3,
   "quarters_held": 11
  },
  {
   "company": "Global Payments",
   "ticker": "GPN",
   "moatshark_slug": "gpn",
   "sector": "Financials",
   "value_usd": 68374062,
   "shares": 942310,
   "portfolio_pct": 2.24,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Coinbase Global",
   "ticker": "COIN",
   "moatshark_slug": "coin",
   "sector": "Financials",
   "value_usd": 67542293,
   "shares": 462016,
   "portfolio_pct": 2.21,
   "previous_pct": 2.75,
   "change": "ADD",
   "share_change_pct": 7.3,
   "quarters_held": 18
  },
  {
   "company": "Fidelity Wise Origin Bitcoin",
   "ticker": "FBTC",
   "moatshark_slug": "fbtc",
   "sector": "Financials",
   "value_usd": 62158256,
   "shares": 1217595,
   "portfolio_pct": 2.04,
   "previous_pct": 0.76,
   "change": "ADD",
   "share_change_pct": 244.1,
   "quarters_held": 10
  },
  {
   "company": "Biogen",
   "ticker": "BIIB",
   "moatshark_slug": "biib",
   "sector": "Health care",
   "value_usd": 61295674,
   "shares": 283697,
   "portfolio_pct": 2.01,
   "previous_pct": 2.55,
   "change": "REDUCE",
   "share_change_pct": -25.3,
   "quarters_held": 10
  },
  {
   "company": "Illumina",
   "ticker": "ILMN",
   "moatshark_slug": "ilmn",
   "sector": "Technology",
   "value_usd": 60716695,
   "shares": 345314,
   "portfolio_pct": 1.99,
   "previous_pct": 2.46,
   "change": "REDUCE",
   "share_change_pct": -36.6,
   "quarters_held": 11
  },
  {
   "company": "General Motors",
   "ticker": "GM",
   "moatshark_slug": "gm",
   "sector": "Consumer discretionary",
   "value_usd": 48680506,
   "shares": 631558,
   "portfolio_pct": 1.6,
   "previous_pct": 2.03,
   "change": "REDUCE",
   "share_change_pct": -15.2,
   "quarters_held": 19
  },
  {
   "company": "UBS Group",
   "ticker": "UBS",
   "moatshark_slug": "ubs",
   "sector": "Financials",
   "value_usd": 47267108,
   "shares": 953734,
   "portfolio_pct": 1.55,
   "previous_pct": 1.77,
   "change": "REDUCE",
   "share_change_pct": -23.2,
   "quarters_held": 14
  },
  {
   "company": "Fiserv",
   "ticker": "FISV",
   "moatshark_slug": "fisv",
   "sector": "Financials",
   "value_usd": 46775926,
   "shares": 953637,
   "portfolio_pct": 1.53,
   "previous_pct": 1.98,
   "change": "REDUCE",
   "share_change_pct": -1.5,
   "quarters_held": 3
  },
  {
   "company": "Expedia Group",
   "ticker": "EXPE",
   "moatshark_slug": "expe",
   "sector": "Consumer discretionary",
   "value_usd": 42940539,
   "shares": 167814,
   "portfolio_pct": 1.41,
   "previous_pct": 1.42,
   "change": "ADD",
   "share_change_pct": 0,
   "quarters_held": 17
  },
  {
   "company": "Onemain Holdings",
   "ticker": "OMF",
   "moatshark_slug": "omf",
   "sector": "Financials",
   "value_usd": 42823508,
   "shares": 702369,
   "portfolio_pct": 1.4,
   "previous_pct": 1.53,
   "change": "REDUCE",
   "share_change_pct": -10.1,
   "quarters_held": 19
  },
  {
   "company": "Delta Air Lines",
   "ticker": "DAL",
   "moatshark_slug": "dal",
   "sector": "Industrials",
   "value_usd": 40387702,
   "shares": 431215,
   "portfolio_pct": 1.32,
   "previous_pct": 1.34,
   "change": "REDUCE",
   "share_change_pct": -22,
   "quarters_held": 19
  },
  {
   "company": "JD.com",
   "ticker": "JD",
   "moatshark_slug": "jd",
   "sector": "Consumer discretionary",
   "value_usd": 35104299,
   "shares": 1377719,
   "portfolio_pct": 1.15,
   "previous_pct": 1.51,
   "change": "REDUCE",
   "share_change_pct": -1.6,
   "quarters_held": 7
  },
  {
   "company": "Sofi Technologies",
   "ticker": "SOFI",
   "moatshark_slug": "sofi",
   "sector": "Financials",
   "value_usd": 26995943,
   "shares": 1505629,
   "portfolio_pct": 0.88,
   "previous_pct": 0.77,
   "change": "ADD",
   "share_change_pct": 13.5,
   "quarters_held": 19
  },
  {
   "company": "Tempus Ai",
   "ticker": "TEM",
   "moatshark_slug": "tem",
   "sector": "Technology",
   "value_usd": 23212476,
   "shares": 400698,
   "portfolio_pct": 0.76,
   "previous_pct": 0.73,
   "change": "REDUCE",
   "share_change_pct": -9.4,
   "quarters_held": 5
  },
  {
   "company": "JPMorgan Chase",
   "ticker": "JPM",
   "moatshark_slug": "jpm",
   "sector": "Financials",
   "value_usd": 9610253,
   "shares": 29360,
   "portfolio_pct": 0.32,
   "previous_pct": 0.32,
   "change": "REDUCE",
   "share_change_pct": 0,
   "quarters_held": 19
  },
  {
   "company": "Genius Sports",
   "ticker": "GENI",
   "moatshark_slug": "geni",
   "sector": "Consumer discretionary",
   "value_usd": 4925683,
   "shares": 812819,
   "portfolio_pct": 0.16,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Noble",
   "ticker": "NE",
   "moatshark_slug": "ne",
   "sector": "Energy",
   "value_usd": 3730000,
   "shares": 100000,
   "portfolio_pct": 0.12,
   "previous_pct": 2.42,
   "change": "REDUCE",
   "share_change_pct": -92.6,
   "quarters_held": 5
  },
  {
   "company": "Dave & Buster's Entertainment",
   "ticker": "PLAY",
   "moatshark_slug": "play",
   "sector": "Consumer discretionary",
   "value_usd": 2325851,
   "shares": 204022,
   "portfolio_pct": 0.08,
   "previous_pct": 0.46,
   "change": "REDUCE",
   "share_change_pct": -82.3,
   "quarters_held": 8
  },
  {
   "company": "APA",
   "ticker": "APA",
   "moatshark_slug": "apa",
   "sector": "Energy",
   "value_usd": 1628500,
   "shares": 50000,
   "portfolio_pct": 0.05,
   "previous_pct": 0.08,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 7
  },
  {
   "company": "Lennar Corporation - B SHS (LEN/B)",
   "ticker": "LEN",
   "moatshark_slug": "len",
   "sector": "Consumer discretionary",
   "value_usd": 1108875,
   "shares": 12500,
   "portfolio_pct": 0.04,
   "previous_pct": 0.04,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 17
  },
  {
   "company": "Spdr S&P 500 Etf Trust",
   "ticker": "SPY",
   "moatshark_slug": "spy",
   "sector": null,
   "value_usd": 791601,
   "shares": 1060,
   "portfolio_pct": 0.03,
   "previous_pct": 0.03,
   "change": "REDUCE",
   "share_change_pct": -4.9,
   "quarters_held": 4
  },
  {
   "company": "Ishares Bitcoin Trust Etf",
   "ticker": "IBIT",
   "moatshark_slug": "ibit",
   "sector": "Financials",
   "value_usd": 0,
   "shares": 0,
   "portfolio_pct": 0,
   "previous_pct": 1.55,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 1
  }
 ]
}