The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 06-30-2022
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Patient Capital Management, LLC
Address: ONE SOUTH STREET, SUITE 2550
BALTIMORE , MD21202
Form 13F File Number: 028-22004

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Stacy Landsman
Title: Chief Compliance Officer
Phone: 410-454-3159
Signature, Place, and Date of Signing:
/s/Stacy Landsman Baltimore , MD 08-15-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 42
Form 13F Information Table Value Total: 225,755
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADT INC DEL COM 00090Q103 3,998 650,050 SH SOLE 300,000 0 350,050
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 14,119 124,200 SH SOLE 50,000 0 74,200
ALPHABET INC CAP STK CL A 02079K305 7,758 3,560 SH SOLE 1,500 0 2,060
AMAZON COM INC COM 023135106 7,743 72,900 SH SOLE 28,000 0 44,900
AVID TECHNOLOGY INC COM 05367P100 2,250 86,700 SH SOLE 58,000 0 28,700
BAUSCH HEALTH COS INC COM 071734107 3,390 405,500 SH SOLE 170,000 0 235,500
BK OF AMERICA CORP COM 060505104 778 25,000 SH SOLE 25,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 3,235 31,050 SH SOLE 16,000 0 15,050
CITIGROUP INC COM NEW 172967424 6,245 135,800 SH SOLE 53,000 0 82,800
CLEVELAND-CLIFFS INC NEW COM 185899101 5,644 367,200 SH SOLE 150,000 0 217,200
COINBASE GLOBAL INC COM CL A 19260Q107 1,096 23,300 SH SOLE 17,000 0 6,300
COINBASE GLOBAL INC COM CL A 19260Q107 2,422 51,500 SH Call SOLE 0 0 51,500
DELTA AIR LINES INC DEL COM NEW 247361702 5,948 205,300 SH SOLE 85,000 0 120,300
DIAMONDBACK ENERGY INC COM 25278X109 3,986 32,900 SH SOLE 18,000 0 14,900
DXC TECHNOLOGY CO COM 23355L106 8,232 271,600 SH SOLE 110,000 0 161,600
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 7,599 761,400 SH SOLE 325,000 0 436,400
EXPEDIA GROUP INC COM NEW 30212P303 8,731 92,075 SH SOLE 35,000 0 57,075
FARFETCH LTD ORD SH CL A 30744W107 4,368 610,000 SH SOLE 240,000 0 370,000
FISERV INC COM 337738108 6,780 76,200 SH SOLE 32,000 0 44,200
GENERAL MTRS CO COM 37045V100 6,082 191,500 SH SOLE 85,000 0 106,500
ISHARES TR 20 YR TR BD ETF 464287432 18,149 158,000 SH Put SOLE 60,000 0 98,000
JPMORGAN CHASE & CO COM 46625H100 4,516 40,100 SH SOLE 18,000 0 22,100
KARUNA THERAPEUTICS INC COM 48576A100 2,442 19,300 SH SOLE 8,500 0 10,800
LENNAR CORP CL B 526057302 734 12,500 SH SOLE 12,500 0 0
MATTEL INC COM 577081102 10,428 467,000 SH SOLE 190,000 0 277,000
META PLATFORMS INC CL A 30303M102 7,877 48,850 SH SOLE 20,500 0 28,350
NORWEGIAN CRUISE LINE HLDG L SHS G66721104 5,062 455,250 SH SOLE 180,000 0 275,250
ONEMAIN HLDGS INC COM 68268W103 8,387 224,375 SH SOLE 90,000 0 134,375
OVINTIV INC COM 69047Q102 11,578 262,000 SH SOLE 90,000 0 172,000
PRECIGEN INC COM 74017N105 400 298,200 SH SOLE 0 0 298,200
PRECIGEN INC NOTE 3.500% 7/0 46122TAA0 1,214 1,500,000 PRN SOLE 1,500,000 0 0
PROSHARES TR II ULTA BLMBG 2017 74347Y888 419 10,000 SH SOLE 10,000 0 0
QUOTIENT TECHNOLOGY INC COM 749119103 2,691 906,000 SH SOLE 400,000 0 506,000
ROCKET COS INC COM CL A 77311W101 4,657 632,800 SH SOLE 280,000 0 352,800
SOFI TECHNOLOGIES INC COM 83406F102 1,221 231,600 SH SOLE 120,000 0 111,600
SPLUNK INC COM 848637104 4,370 49,400 SH SOLE 20,000 0 29,400
TAYLOR MORRISON HOME CORP COM 87724P106 4,515 193,300 SH SOLE 80,000 0 113,300
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS 881624209 8,971 1,192,950 SH SOLE 475,000 0 717,950
TRAVEL PLUS LEISURE CO COM 894164102 3,663 94,350 SH SOLE 45,000 0 49,350
UBER TECHNOLOGIES INC COM 90353T100 4,627 226,150 SH SOLE 90,000 0 136,150
UNITED AIRLS HLDGS INC COM 910047109 4,906 138,500 SH SOLE 55,000 0 83,500
VONTIER CORPORATION COM 928881101 4,524 196,800 SH SOLE 95,000 0 101,800