PCA

Makes accounting and payroll software for Japanese businesses.

Owns it

What the manager says

In short: Japanese business-software firm with loyal customers, steady growth and a cheap price.

Share of the fund

Not disclosed

Named in

Jun 2026 letter

Also owned by

No other fund we follow

More about PCA

This fund doesn’t file the government report, so share counts aren’t public.

Not investment advice. Holdings come from public SEC reports and the funds’ own letters, and can be up to 4½ months old. How this works