Penn Capital Management Company LLC's Q3 2022 13F: 23 new positions, 28 exits
Form 13F-HR for the quarter ended Sep 30, 2022 · filed Nov 14, 2022 · 172 reported positions · accession 0001420506-22-002140 · Amended
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | PERRIGO CO PLC (PRGO) | — | 1.0% | +1.0 pts | +243K sh | new |
| Exited | BALLYS CORPORATION (BALY) | 0.9% | — | −0.9 pts | −436K sh | −100% |
| Reduced | STEELCASE INC (SCS) | 1.7% | 0.2% | −1.5 pts | −1.14M sh | −77% |
| New | COMPASS MINERALS INTL INC (CMP) | — | 0.8% | +0.8 pts | +190K sh | new |
| Increased | XPO LOGISTICS INC (XPO) | 0.2% | 1.0% | +0.8 pts | +160K sh | +449% |
| Increased | GXO LOGISTICS INCORPORATED (GXO) | 0.1% | 0.9% | +0.8 pts | +196K sh | +660% |
| Exited | CALERES INC (CAL) | 0.7% | — | −0.7 pts | −251K sh | −100% |
| Exited | COMMUNITY HEALTH SYS INC NEW (CYH) | 0.7% | — | −0.7 pts | −1.7M sh | −100% |
| Exited | UPWORK INC (UPWK) | 0.7% | — | −0.7 pts | −300K sh | −100% |
| New | HARMONY BIOSCIENCES HLDGS IN (HRMY) | — | 0.7% | +0.7 pts | +133K sh | new |
| Reduced | SILICON MOTION TECHNOLOGY CO (SIMO) | 1.7% | 0.8% | −0.9 pts | −74,726 sh | −40% |
| Increased | SEACOAST BKG CORP FLA (SBCF) | 1.1% | 1.4% | +0.4 pts | +127K sh | +43% |
| Reduced | ALPHATEC HLDGS INC (ATEC) | 1.2% | 1.2% | +0.1 pts | −389K sh | −24% |
| Reduced | SI-BONE INC (SIBN) | 1.0% | 1.0% | 0.0 pts | −193K sh | −28% |
| Exited | SANDSTORM GOLD LTD (SAND) | 0.4% | — | −0.4 pts | −580K sh | −100% |
| Reduced | LIVENT CORP (LTHM) | 1.2% | 1.4% | +0.2 pts | −97,811 sh | −19% |
| Increased | PENN ENTERTAINMENT INC (PENN) | 0.9% | 1.1% | +0.3 pts | +106K sh | +41% |
| Reduced | CONMED CORP (CNMD) | 1.3% | 0.8% | −0.5 pts | −35,562 sh | −29% |
| Increased | SANDY SPRING BANCORP INC (SASR) | 0.0% | 0.3% | +0.3 pts | +79,592 sh | +1497% |
| Reduced | NOW INC (DNOW) | 1.5% | 1.3% | −0.2 pts | −258K sh | −18% |
| Reduced | ARTIVION INC (AORT) | 1.3% | 0.7% | −0.6 pts | −179K sh | −29% |
| Increased | FIVE BELOW INC (FIVE) | 1.1% | 1.6% | +0.5 pts | +17,383 sh | +20% |
| New | G III APPAREL GROUP LTD (GIII) | — | 0.3% | +0.3 pts | +155K sh | new |
| Increased | BIOMARIN PHARMACEUTICAL INC (BMRN) | 0.0% | 0.3% | +0.2 pts | +23,131 sh | +472% |
| Increased | FIRST BANCORP N C (FBNC) | 0.2% | 0.4% | +0.2 pts | +53,656 sh | +133% |
| Exited | HEALTHCARE TR AMER INC (HTA) | 0.2% | — | −0.2 pts | −71,875 sh | −100% |
| Reduced | VIAD CORP (PRSU) | 1.1% | 1.1% | 0.0 pts | −60,689 sh | −17% |
| Increased | SOUTHERN FIRST BANCSHARES (SFST) | 0.0% | 0.2% | +0.2 pts | +45,682 sh | +658% |
| Increased | PINNACLE FINL PARTNERS INC (PNFP) | 1.2% | 1.7% | +0.4 pts | +23,324 sh | +15% |
| New | HEALTHCARE RLTY TR (HR) | — | 0.2% | +0.2 pts | +88,453 sh | new |
| Reduced | ACADIA HEALTHCARE COMPANY IN (ACHC) | 1.2% | 1.3% | 0.0 pts | −23,191 sh | −14% |
| Exited | EXELIXIS INC (EXEL) | 0.2% | — | −0.2 pts | −90,050 sh | −100% |
| Exited | BAUSCH PLUS LOMB CORP (BLCO) | 0.2% | — | −0.2 pts | −121K sh | −100% |
| Reduced | KULICKE & SOFFA INDS INC (KLIC) | 1.6% | 1.3% | −0.3 pts | −45,719 sh | −14% |
| Reduced | LINCOLN NATL CORP IND (LNC) | 0.2% | 0.0% | −0.2 pts | −39,570 sh | −86% |
| Increased | SEAWORLD ENTMT INC (PRKS) | 1.2% | 1.5% | +0.3 pts | +38,145 sh | +15% |
| Exited | FORTUNA SILVER MINES INC (FSM) | 0.2% | — | −0.2 pts | −627K sh | −100% |
| Exited | PVH CORPORATION (PVH) | 0.2% | — | −0.2 pts | −30,462 sh | −100% |
| Exited | PLBY GROUP INC (PLBY) | 0.2% | — | −0.2 pts | −260K sh | −100% |
| Increased | AXIS CAP HLDGS LTD (AXS) | 0.2% | 0.3% | +0.2 pts | +32,239 sh | +122% |
| Increased | METROPOLITAN BK HLDG CORP (MCB) | 0.9% | 1.0% | +0.1 pts | +24,942 sh | +22% |
| Reduced | CHIMERIX INC (CMRX) | 0.2% | 0.0% | −0.2 pts | −824K sh | −97% |
| Increased | NEXPOINT RESIDENTIAL TR INC (NXRT) | 0.1% | 0.3% | +0.1 pts | +34,257 sh | +164% |
| New | RINGCENTRAL INC (RNG) | — | 0.2% | +0.2 pts | +38,577 sh | new |
| Increased | NORTHERN OIL AND GAS INC MN (NOG) | 1.2% | 1.5% | +0.3 pts | +55,906 sh | +13% |
| Reduced | VANGUARD INDEX FDS (VXF) | 0.3% | 0.1% | −0.2 pts | −11,933 sh | −59% |
| New | PRIMIS FINANCIAL CORP (FRST) | — | 0.2% | +0.2 pts | +122K sh | new |
| Exited | FIDELITY NATIONAL FINANCIAL (FNT) | 0.2% | — | −0.2 pts | −41,459 sh | −100% |
| New | CIVISTA BANCSHARES INC (CIVB) | — | 0.2% | +0.2 pts | +68,667 sh | new |
| Increased | KIRBY CORP (KEX) | 1.2% | 1.5% | +0.2 pts | +23,114 sh | +12% |
The 50 largest of 199 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 18.2% of the equity book
Changes in the top 10 this quarter: FBP entered · PNFP entered · PFGC entered · FIVE entered · SSB entered · SCS left · SIMO left · PTEN left · GTN left · PLNT left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | WEATHERFORD INTL PLC (WFRD) | 1.9% | 2.9% | |
| 2 | CHART INDS INC (GTLS) | 1.8% | 2.0% | |
| 3 | NEXSTAR MEDIA GROUP INC (NXST) | 1.8% | 1.7% | |
| 4 | GOLDEN ENTMT INC (GDEN) | 1.7% | 1.7% | |
| 5 | FIRST BANCORP P R (FBP) | 1.4% | 1.7% | Entered the top 10 |
| 6 | PINNACLE FINL PARTNERS INC (PNFP) | 1.2% | 1.7% | Entered the top 10 |
| 7 | PERFORMANCE FOOD GROUP CO (PFGC) | 1.5% | 1.6% | Entered the top 10 |
| 8 | H & E EQUIPMENT SERVICES INC (HEES) | 1.6% | 1.6% | |
| 9 | FIVE BELOW INC (FIVE) | 1.1% | 1.6% | Entered the top 10 |
| 10 | SOUTHSTATE CORPORATION (SSB) | 1.5% | 1.6% | Entered the top 10 |
| — | STEELCASE INC (SCS) | 1.7% | 0.2% | Left the top 10 |
| — | SILICON MOTION TECHNOLOGY CO (SIMO) | 1.7% | 0.8% | Left the top 10 |
| — | PATTERSON-UTI ENERGY INC (PTEN) | 1.7% | 1.3% | Left the top 10 |
| — | GRAY TELEVISION INC (GTN) | 1.6% | 1.4% | Left the top 10 |
| — | PLANET FITNESS INC (PLNT) | 1.6% | 1.3% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).