Penn Capital Management Company LLC's Q4 2024 13F: 35 new positions, 37 exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 14, 2025 · 142 reported positions · accession 0001420506-25-000531
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | MASTEC INC (MTZ) | 1.8% | 0.1% | −1.7 pts | −149K sh | −96% |
| Reduced | NORWEGIAN CRUISE LINE HLDG L (NCLH) | 2.1% | 1.1% | −1.1 pts | −693K sh | −62% |
| New | GULFPORT ENERGY CORP (GPOR) | — | 1.7% | +1.7 pts | +96,151 sh | new |
| New | LUMENTUM HLDGS INC (LITE) | — | 1.4% | +1.4 pts | +174K sh | new |
| Reduced | SHIFT4 PMTS INC (FOUR) | 1.6% | 0.5% | −1.0 pts | −140K sh | −72% |
| Exited | HALOZYME THERAPEUTICS INC (HALO) | 1.4% | — | −1.4 pts | −266K sh | −100% |
| New | EXTREME NETWORKS (EXTR) | — | 1.4% | +1.4 pts | +850K sh | new |
| New | SPORTRADAR GROUP AG (SRAD) | — | 1.4% | +1.4 pts | +809K sh | new |
| Reduced | PINNACLE FINL PARTNERS INC (PNFP) | 1.8% | 0.8% | −1.0 pts | −122K sh | −63% |
| Reduced | FTAI AVIATION LTD (FTAI) | 1.2% | 0.1% | −1.1 pts | −93,026 sh | −95% |
| New | BRANDYWINE RLTY TR (BDN) | — | 1.3% | +1.3 pts | +2.37M sh | new |
| Exited | PLANET FITNESS INC (PLNT) | 1.3% | — | −1.3 pts | −167K sh | −100% |
| New | DYCOM INDS INC (DY) | — | 1.3% | +1.3 pts | +73,658 sh | new |
| Reduced | Q2 HLDGS INC (QTWO) | 1.6% | 1.0% | −0.6 pts | −120K sh | −55% |
| New | LANTHEUS HLDGS INC (LNTH) | — | 1.2% | +1.2 pts | +132K sh | new |
| New | BLACKBAUD INC (BLKB) | — | 1.0% | +1.0 pts | +143K sh | new |
| New | TG THERAPEUTICS INC (TGTX) | — | 1.0% | +1.0 pts | +351K sh | new |
| Exited | AGREE RLTY CORP (ADC) | 1.0% | — | −1.0 pts | −146K sh | −100% |
| Reduced | SEMTECH CORP (SMTC) | 1.5% | 1.1% | −0.4 pts | −166K sh | −47% |
| New | DIME CMNTY BANCSHARES INC (DCOM) | — | 1.0% | +1.0 pts | +328K sh | new |
| Exited | SCORPIO TANKERS INC (STNG) | 1.0% | — | −1.0 pts | −148K sh | −100% |
| New | AMENTUM HOLDINGS INC (AMTM) | — | 0.9% | +0.9 pts | +446K sh | new |
| New | BANC OF CALIFORNIA INC (BANC) | — | 0.9% | +0.9 pts | +603K sh | new |
| New | ORION S.A. (OEC) | — | 0.9% | +0.9 pts | +568K sh | new |
| Exited | VERRA MOBILITY CORP (VRRM) | 0.9% | — | −0.9 pts | −338K sh | −100% |
| New | ODDITY TECH LTD (ODD) | — | 0.9% | +0.9 pts | +207K sh | new |
| Exited | ZUORA INC (ZUO) | 0.8% | — | −0.8 pts | −1.01M sh | −100% |
| Exited | AVADEL PHARMACEUTICALS PLC (AVDL) | 0.7% | — | −0.7 pts | −608K sh | −100% |
| Reduced | POPULAR INC (BPOP) | 1.9% | 1.2% | −0.8 pts | −80,118 sh | −38% |
| Reduced | CARPENTER TECHNOLOGY CORP (CRS) | 2.0% | 1.5% | −0.5 pts | −41,967 sh | −31% |
| Reduced | WAYSTAR HLDG CORP (WAY) | 1.6% | 1.7% | 0.0 pts | −171K sh | −27% |
| Exited | ALLEGRO MICROSYSTEMS INC (ALGM) | 0.6% | — | −0.6 pts | −271K sh | −100% |
| Exited | PROGYNY INC (PGNY) | 0.6% | — | −0.6 pts | −373K sh | −100% |
| New | SELECT WATER SOLUTIONS INC (WTTR) | — | 0.6% | +0.6 pts | +434K sh | new |
| New | CANADA GOOSE HLDGS INC (GOOS) | — | 0.6% | +0.6 pts | +569K sh | new |
| Reduced | TEXAS CAP BANCSHARES INC (TCBI) | 1.8% | 1.5% | −0.3 pts | −69,059 sh | −26% |
| New | STRATASYS LTD (SSYS) | — | 0.5% | +0.5 pts | +605K sh | new |
| New | LIBERTY ENERGY INC (LBRT) | — | 0.5% | +0.5 pts | +270K sh | new |
| New | LINDBLAD EXPEDITIONS HLDGS I (LIND) | — | 0.5% | +0.5 pts | +450K sh | new |
| New | 3-D SYS CORP DEL (DDD) | — | 0.5% | +0.5 pts | +1.59M sh | new |
| Exited | MONEYLION INC (ML) | 0.5% | — | −0.5 pts | −127K sh | −100% |
| Increased | BRIGHTVIEW HLDGS INC (BV) | 0.8% | 1.3% | +0.5 pts | +280K sh | +49% |
| Reduced | CHEFS WHSE INC (CHEF) | 1.5% | 1.5% | −0.1 pts | −90,160 sh | −23% |
| Exited | EASTERLY GOVT PPTYS INC (DEA) | 0.4% | — | −0.4 pts | −346K sh | −100% |
| Exited | PATTERSON-UTI ENERGY INC (PTEN) | 0.4% | — | −0.4 pts | −611K sh | −100% |
| Exited | CHUYS HLDGS INC (CHUY) | 0.4% | — | −0.4 pts | −123K sh | −100% |
| Reduced | MAGNITE INC (MGNI) | 1.3% | 1.2% | −0.1 pts | −265K sh | −25% |
| Reduced | KNIFE RIVER CORP (KNF) | 1.7% | 1.6% | −0.1 pts | −41,486 sh | −21% |
| Reduced | AMERIS BANCORP (ABCB) | 1.9% | 1.6% | −0.3 pts | −61,262 sh | −19% |
| New | LOVESAC COMPANY (LOVE) | — | 0.4% | +0.4 pts | +157K sh | new |
The 50 largest of 179 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 — 16.6% of the equity book
Changes in the top 10 this quarter: GTLS entered · KD entered · GPOR entered · WAY entered · BGC entered · GDEN entered · KNF entered · TGI entered · NCLH left · CRS left · BPOP left · NMRK left · MTZ left · TCBI left · PNFP left · RXO left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | CHART INDS INC (GTLS) | 1.2% | 1.9% | Entered the top 10 |
| 2 | KYNDRYL HLDGS INC (KD) | 1.3% | 1.8% | Entered the top 10 |
| 3 | GULFPORT ENERGY CORP (GPOR) | 0.0% | 1.7% | Entered the top 10 |
| 4 | WAYSTAR HLDG CORP (WAY) | 1.6% | 1.7% | Entered the top 10 |
| 5 | BGC GROUP INC (BGC) | 1.7% | 1.6% | Entered the top 10 |
| 6 | AMERIS BANCORP (ABCB) | 1.9% | 1.6% | |
| 7 | GOLDEN ENTMT INC (GDEN) | 1.6% | 1.6% | Entered the top 10 |
| 8 | KNIFE RIVER CORP (KNF) | 1.7% | 1.6% | Entered the top 10 |
| 9 | LAZARD INC (LAZ) | 1.7% | 1.6% | |
| 10 | TRIUMPH GROUP INC NEW (TGI) | 1.1% | 1.5% | Entered the top 10 |
| — | NORWEGIAN CRUISE LINE HLDG L (NCLH) | 2.1% | 1.1% | Left the top 10 |
| — | CARPENTER TECHNOLOGY CORP (CRS) | 2.0% | 1.5% | Left the top 10 |
| — | POPULAR INC (BPOP) | 1.9% | 1.2% | Left the top 10 |
| — | NEWMARK GROUP INC (NMRK) | 1.8% | 1.5% | Left the top 10 |
| — | MASTEC INC (MTZ) | 1.8% | 0.1% | Left the top 10 |
| — | TEXAS CAP BANCSHARES INC (TCBI) | 1.8% | 1.5% | Left the top 10 |
| — | PINNACLE FINL PARTNERS INC (PNFP) | 1.8% | 0.8% | Left the top 10 |
| — | RXO INC (RXO) | 1.7% | 1.4% | 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).