Penn Capital Management Company, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Penn Capital Management Company, LLC reported 144 stock positions worth $1.1 billion. Its top holding was Weatherford International PL (WFRD) at 2.2% of the portfolio, followed by Golden Entertainment (GDEN, 2.0%) and United Parks & Resorts (PRKS, 1.9%). Compared with Q4 2023, it opened 23 new positions, sold out of 24, added to 49 and reduced 71. The biggest buy was a new position in Mastec (MTZ) and the biggest sale an exit from Stag Industrial (STAG).

Most Recent 13F
Q2 2026
Location
PHILADELPHIA, PA
CIK
0001158202
Portfolio Value
$1.1B (Q1 2024)
SEC Filing
0001420506-24-000989 ↗ filed May 15, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B $1.1B Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 144 stocks · $1.1B

WFRD Weatherford International PL 2.22% 215,316 $24.9M Reduce -26.3%
GDEN Golden Entertainment Inc. 1.97% 598,408 $22.1M Add +8.0%
PRKS United Parks & Resorts Inc. 1.90% 378,041 $21.3M Add +0.2%
HEES H&E Equipment Services Inc. 1.75% 305,763 $19.7M Reduce -9.6%
BPOP Popular Inc. 1.72% 219,110 $19.4M Reduce -1.4%
NCLH Norwegian Cruise Line Holdin 1.67% 896,937 $18.8M Add +5.7%
ATEC Alphatec Holdings Inc. 1.64% 1,334,626 $18.5M Add +9.8%
KNF Knife River Corp. 1.63% 225,680 $18.4M Reduce -0.7%
NOG Northern Oil and Gas Inc. 1.59% 449,768 $17.9M Add +2.4%
CRS Carpenter Technology 1.58% 248,304 $17.8M Add +7.0%
PNFP Pinnacle Financial Partners 1.58% 206,384 $17.8M Reduce -11.6%
HLMN Hillman Solutions Corp. 1.56% 1,640,576 $17.5M Add +1.8%
RDNT Radnet Inc. 1.54% 356,382 $17.4M Reduce -0.8%
RIG Transocean Ltd. 1.54% 2,748,771 $17.3M Add +14.5%
GTLS Chart Industries Inc. 1.50% 102,002 $16.9M Add +18.3%
NXST Nexstar Media Group Inc. 1.47% 95,845 $16.6M Reduce -0.6%
NMRK Newmark Group Inc. Class A 1.44% 1,458,732 $16.2M Add +5.8%
MTZ Mastec Inc. 1.40% 167,995 $15.7M New
FTRE Fortrea Holdings Inc. 1.39% 388,390 $15.6M New
KLIC Kulicke & Soffa Industries 1.37% 305,870 $15.4M Reduce -0.5%
DNOW Dnow Inc. 1.32% 977,578 $14.9M Reduce -26.2%
ABCB Ameris Bancorp 1.32% 305,944 $14.8M Reduce -7.8%
ARCB Arcbest Corp. 1.31% 103,166 $14.8M Reduce -18.1%
CROX Crocs Inc. 1.30% 101,196 $14.6M Reduce -9.1%
GXO Gxo Logistics Inc. 1.30% 270,398 $14.6M Reduce -7.3%
TCBI Texas Capital Bancshares Inc. 1.29% 235,238 $14.5M Reduce -0.8%
RNG Ringcentral Inc. Class A 1.29% 414,873 $14.5M Reduce -1.3%
RHP Ryman Hospitality Properties 1.24% 120,457 $14.0M Reduce -13.6%
FTAI Ftai Aviation Ltd. 1.24% 205,947 $13.9M Reduce -37.4%
TGI Triumph Group Inc. 1.24% 922,604 $13.9M Add +1.1%
ALGM Allegro Microsystems Inc. 1.23% 510,661 $13.8M Add +44.0%
RXO Rxo Inc. 1.22% 623,756 $13.7M New
BGC BGC Group Inc. Class A 1.21% 1,751,524 $13.7M Reduce -5.4%
AMG Affiliated Managers Group 1.20% 80,452 $13.5M Add +48.8%
SSB Southstate Bank Corp. 1.19% 157,237 $13.4M Reduce -10.0%
FOUR SHIFT4 Payments Inc. Class A 1.19% 201,590 $13.4M New
THC Tenet Healthcare Corp. 1.18% 126,033 $13.3M Reduce -37.8%
TMHC Taylor Morrison Home Corp. 1.17% 211,042 $13.2M Reduce -14.7%
PGNY Progyny Inc. 1.17% 342,530 $13.1M Add +10.4%
RMBS Rambus Inc. 1.16% 210,185 $13.0M Reduce -17.5%
PRSU Pursuit Attractions and Hosp filed as VIAD CORP 1.14% 324,417 $12.8M Add +8.7%
OI O-I Glass Inc. 1.13% 766,110 $12.8M Add +4.0%
LAZ Lazard Inc. 1.13% 303,211 $12.7M New
BLMN Bloomin' Brands Inc. 1.12% 437,653 $12.6M Reduce -8.5%
CHEF The Chefs' Warehouse Inc. 1.11% 330,963 $12.5M Reduce -21.9%
STGW Stagwell Inc. 1.07% 1,932,838 $12.1M Add +0.4%
ZUO Zuora Inc. Class A 1.04% 1,280,773 $11.7M Reduce -6.5%
AVDL Avadel Pharmaceuticals plc 1.03% 686,606 $11.6M New
FBK FB Financial Corp. filed as FB FINL CORP 1.03% 308,416 $11.6M Reduce 0.0%
ROAD Construction Partners Inc. Class A 1.02% 203,271 $11.4M Reduce -10.8%
FIVN FIVE9 Inc. 1.00% 181,239 $11.3M Add +99.0%
GTN Gray Media Inc. filed as GRAY TELEVISION INC 0.99% 1,757,043 $11.1M Reduce -3.8%
HALO Halozyme Therapeutics Inc. 0.99% 272,596 $11.1M Reduce -2.5%
CHX Championx Corp. 0.98% 306,738 $11.0M Add +0.0%
SMTC Semtech Corp. 0.98% 398,512 $11.0M Reduce -22.6%
CRC California Resources Corp. 0.97% 197,819 $10.9M Reduce -0.1%
PLNT Planet Fitness Inc. Class A 0.97% 173,021 $10.9M Reduce -8.3%
MGNI Magnite Inc. 0.96% 1,004,432 $10.8M Add +0.1%
OMF Onemain Holdings Inc. 0.90% 198,404 $10.2M Add +94.9%
NVTS Navitas Semiconductor Corp. 0.89% 2,106,152 $10.1M Add +54.8%
BYD Boyd Gaming Corp. 0.86% 143,535 $9.7M Reduce -0.0%
COLL Collegium Pharmaceutical Inc. 0.85% 244,516 $9.5M Reduce -22.6%
ASPN Aspen Aerogels Inc. 0.84% 537,369 $9.5M Reduce -25.3%
PTEN Patterson-Uti Energy Inc. 0.84% 789,872 $9.5M Reduce -8.7%
SGRY Surgery Partners Inc. 0.84% 315,903 $9.5M New
STNG Scorpio Tankers Inc. 0.80% 124,589 $8.9M New
CCO Clear Channel Outdoor Holdin 0.76% 5,180,098 $8.6M Add +9.5%
ASO Academy Sports & Outdoors Inc. 0.74% 123,302 $8.3M New
PENN Penn Entertainment Inc. 0.71% 440,324 $8.0M Reduce -0.2%
OUST Ouster Inc. 0.62% 884,255 $7.0M Reduce -0.2%
MIRM Mirum Pharmaceuticals Inc. 0.55% 245,696 $6.2M Reduce -0.0%
AVD American Vanguard Corp. 0.50% 433,234 $5.6M Reduce -3.8%
SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO 0.48% 1,360,133 $5.4M Add +11.9%
NWN Northwest Natural Holding Co. 0.46% 139,710 $5.2M Add +12.3%
HCSG Healthcare Services Group 0.45% 409,864 $5.1M Reduce -10.6%
CALX Calix Inc. 0.45% 151,807 $5.0M Reduce -1.0%
NGVT Ingevity Corp. 0.43% 102,287 $4.9M Add +102.9%
HLIO Helios Technologies Inc. 0.41% 103,745 $4.6M Add +169.2%
ACAD Acadia Pharmaceuticals Inc. 0.41% 248,844 $4.6M Add +0.6%
ADC Agree Realty Corp. 0.39% 77,348 $4.4M New
MNRO Monro Inc. 0.37% 131,809 $4.2M Add +11.6%
DEA Easterly Govt Pptys Inc. 0.36% 356,045 $4.1M Add +8.2%
DCO Ducommun Inc. 0.34% 74,209 $3.8M Add +89.5%
INFN Infinera Corp. 0.33% 609,083 $3.7M New
BV Brightview Holdings Inc. 0.32% 298,522 $3.6M Add +31.8%
PLOW Douglas Dynamics Inc. 0.30% 141,277 $3.4M Add +119.7%
PSTL Postal Realty Trust Inc. Class A 0.29% 229,369 $3.3M Add +6.9%
MSEX Middlesex Water Co. 0.29% 61,474 $3.2M Add +18.4%
MRTN Marten Transport Ltd. 0.29% 174,400 $3.2M Add +121.0%
ROG Rogers Corp. 0.29% 27,120 $3.2M New
FARM Farmer Bros Co. 0.28% 886,852 $3.2M Add +2.0%
ALNT Allient Inc. 0.27% 85,658 $3.1M New
WDC Western Digital Corp. 0.26% 42,732 $3.0M Reduce -22.4%
TRS Trimas Corp. 0.25% 106,824 $2.9M New
MGM MGM Resorts International 0.23% 54,178 $2.6M Add +6.1%
CSR Centerspace 0.22% 44,225 $2.5M Reduce -8.3%
VXF Vanguard Extended Market ETF 0.21% 13,444 $2.4M Reduce -63.3%
HFWA Heritage Financial Corp. 0.21% 121,041 $2.3M Add +286.3%
YORW York Water Co. filed as YORK WTR CO 0.20% 62,942 $2.3M Add +18.0%
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.20% 25,197 $2.3M Reduce -4.6%
HG Hamilton Insurance Grou Class B 0.20% 159,986 $2.2M Reduce -74.4%
ELAN Elanco Animal Health Inc. 0.19% 129,578 $2.1M New
CMC Commercial Metals Co. 0.19% 35,461 $2.1M Reduce -2.5%
OLO Olo Inc. Class A 0.19% 379,246 $2.1M Reduce -0.0%
TER Teradyne Inc. 0.18% 18,134 $2.1M Reduce -5.2%
CMP Compass Minerals Internation 0.18% 131,570 $2.1M Add +30.3%
FND Floor & Decor Holdings Inc. Class A 0.18% 15,687 $2.1M Reduce -14.3%
PTC PTC Inc. 0.18% 10,692 $2.1M Reduce -26.0%
CZR Caesars Entertainment Inc. 0.18% 44,937 $2.0M Reduce -13.0%
GNRC Generac Holdings Inc. 0.18% 15,403 $2.0M Add +9.4%
FIVE Five Below 0.17% 10,597 $2.0M Add +2.8%
AIP Arteris Inc. 0.16% 251,734 $1.8M Add +30.2%
PFGC Performance Food Group Co. 0.16% 23,269 $1.8M Reduce -20.2%
TXT Textron Inc. 0.15% 16,763 $1.6M Reduce -24.4%
OPLN Openlane Inc. 0.14% 89,145 $1.5M Reduce -11.8%
DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC 0.13% 58,267 $1.5M New
EZPW Ezcorp Inc. Class A 0.13% 132,954 $1.5M Reduce -72.9%
EMKR Emcore Corp. 0.13% 4,229,269 $1.5M Add +19.5%
GLPI Gaming and Leisure Propertie 0.11% 26,329 $1.2M Reduce -22.6%
DRS Leonardo DRS Inc. 0.10% 51,450 $1.2M New
FBNC First Bancorp 0.10% 30,618 $1.1M New
FWRG First Watch Restaurant Group 0.09% 41,226 $1.0M New
TPB Turning Point Brands Inc. 0.09% 34,773 $1.0M Reduce -80.6%
IWM iShares Russell 2000 ETF 0.09% 4,555 $958K Reduce -49.2%
BWMN Bowman Consulting Group Ltd. 0.07% 23,277 $810K New
NXRT Nexpoint Residential 0.06% 22,577 $727K Add +7.8%
POR Portland General Electric Co. 0.06% 14,844 $623K Add +18.0%
NWE Northwestern Energy Group Inc. 0.06% 12,218 $622K Add +22.6%
SR Spire Inc. 0.05% 9,814 $602K Add +6.2%
REYN Reynolds Consumer Products I 0.05% 19,863 $567K Reduce -22.6%
AGS Playags Inc. 0.05% 61,990 $557K Reduce -8.6%
AORT Artivion Inc. 0.05% 26,270 $556K New
URI United Rentals Inc. 0.04% 649 $468K Reduce -25.4%
MLM Martin Marietta Materials 0.04% 701 $430K Reduce -20.4%
FANG Diamondback Energy Inc. 0.04% 2,086 $413K Reduce -82.5%
PRGO Perrigo Co. PLC 0.03% 12,049 $388K Reduce -38.0%
XPO Xpo Inc. 0.03% 2,896 $353K Reduce -25.6%
KEX Kirby Corp. 0.03% 3,680 $351K Reduce -97.7%
NOMD Nomad Foods Ltd. 0.03% 17,300 $338K New
JLL Jones Lang Lasalle Inc. 0.03% 1,492 $291K New
EXPE Expedia Group Inc. 0.03% 2,073 $286K Reduce -9.8%
AME Ametek Inc. 0.02% 1,307 $239K Reduce -10.1%
TGNA Tegna Inc. 0.01% 11,168 $167K Reduce -1.3%
BMRA Biomerica Inc. 0.00% 20,900 $17K No change

Portfolio Sells Q4 2023 → Q1 2024

STAG Stag Industrial Inc. Sold out 0.00% −1.20
KEX Kirby Corp. Reduce -97.7% 0.03% −1.14
DCH Dauch Corporation Sold out 0.00% −1.04
FWRD Forward Air Corp. Sold out 0.00% −1.01
PZZA Papa John's Intl Inc. Sold out 0.00% −0.91
GLNG Golar LNG Ltd. Sold out 0.00% −0.68
HG Hamilton Insurance Grou Class B Reduce -74.4% 0.20% −0.66
GTN Gray Media Inc. Reduce -3.8% 0.99% −0.52
NARI Inari Medical Inc. Sold out 0.00% −0.51
SAND Sandstorm Gold Ltd. Sold out 0.00% −0.44
RMBS Rambus Inc. Reduce -17.5% 1.16% −0.44
GOGO Gogo Inc. Sold out 0.00% −0.43
PNTG The Pennant Group Inc. Sold out 0.00% −0.43
WFRD Weatherford International PL Reduce -26.3% 2.22% −0.41
VXF Vanguard Extended Market ETF Reduce -63.3% 0.21% −0.35
GXO Gxo Logistics Inc. Reduce -7.3% 1.30% −0.34
TPB Turning Point Brands Inc. Reduce -80.6% 0.09% −0.34
PENN Penn Entertainment Inc. Reduce -0.2% 0.71% −0.34
PLNT Planet Fitness Inc. Class A Reduce -8.3% 0.97% −0.30
ABCB Ameris Bancorp Reduce -7.8% 1.32% −0.30
PNFP Pinnacle Financial Partners Reduce -11.6% 1.58% −0.29
UMH Umh Properties Inc. Sold out 0.00% −0.27
EZPW Ezcorp Inc. Class A Reduce -72.9% 0.13% −0.26
THC Tenet Healthcare Corp. Reduce -37.8% 1.18% −0.23
ASPN Aspen Aerogels Inc. Reduce -25.3% 0.84% −0.20
UTHR United Therapeutics Corp. Sold out 0.00% −0.20
CDE Coeur Mining Inc. Sold out 0.00% −0.19
KLIC Kulicke & Soffa Industries Reduce -0.5% 1.37% −0.17
RHP Ryman Hospitality Properties Reduce -13.6% 1.24% −0.17
FTAI Ftai Aviation Ltd. Reduce -37.4% 1.24% −0.17
CALX Calix Inc. Reduce -1.0% 0.45% −0.17
SSB Southstate Bank Corp. Reduce -10.0% 1.19% −0.16
PRI Primerica Inc. Sold out 0.00% −0.15
ZUO Zuora Inc. Class A Reduce -6.5% 1.04% −0.14
FANG Diamondback Energy Inc. Reduce -82.5% 0.04% −0.14
FSM Fortuna Silver Mines Inc. Sold out 0.00% −0.13
BLMN Bloomin' Brands Inc. Reduce -8.5% 1.12% −0.12
TCBI Texas Capital Bancshares Inc. Reduce -0.8% 1.29% −0.12
MIRM Mirum Pharmaceuticals Inc. Reduce -0.0% 0.55% −0.12
DAR Darling Ingredients Inc. Sold out 0.00% −0.12
PXLW Pixelworks Inc. Sold out 0.00% −0.11
KALU Kaiser Aluminum Corp. Sold out 0.00% −0.11
FBK FB Financial Corp. Reduce 0.0% 1.03% −0.09
ARCB Arcbest Corp. Reduce -18.1% 1.31% −0.08
IWM iShares Russell 2000 ETF Reduce -49.2% 0.09% −0.08
SMTC Semtech Corp. Reduce -22.6% 0.98% −0.06
AXS Axis Capital Holdings Ltd. Sold out 0.00% −0.06
VO Vngrd Mrngstr MD-Cap ETF-Usd Sold out 0.00% −0.05
DNOW Dnow Inc. Reduce -26.2% 1.32% −0.05
PTC PTC Inc. Reduce -26.0% 0.18% −0.05

Portfolio Buys Q4 2023 → Q1 2024

MTZ Mastec Inc. New 1.40% +1.40
FTRE Fortrea Holdings Inc. New 1.39% +1.39
RXO Rxo Inc. New 1.22% +1.22
FOUR SHIFT4 Payments Inc. Class A New 1.19% +1.19
LAZ Lazard Inc. New 1.13% +1.13
AVDL Avadel Pharmaceuticals plc New 1.03% +1.03
SGRY Surgery Partners Inc. New 0.84% +0.84
STNG Scorpio Tankers Inc. New 0.80% +0.80
ASO Academy Sports & Outdoors Inc. New 0.74% +0.74
AMG Affiliated Managers Group Add +48.8% 1.20% +0.45
OMF Onemain Holdings Inc. Add +94.9% 0.90% +0.44
GTLS Chart Industries Inc. Add +18.3% 1.50% +0.42
ADC Agree Realty Corp. New 0.39% +0.39
FIVN FIVE9 Inc. Add +99.0% 1.00% +0.34
INFN Infinera Corp. New 0.33% +0.33
ROG Rogers Corp. New 0.29% +0.29
ALNT Allient Inc. New 0.27% +0.27
TRS Trimas Corp. New 0.25% +0.25
HLIO Helios Technologies Inc. Add +169.2% 0.41% +0.25
ALGM Allegro Microsystems Inc. Add +44.0% 1.23% +0.24
NGVT Ingevity Corp. Add +102.9% 0.43% +0.22
HLMN Hillman Solutions Corp. Add +1.8% 1.56% +0.19
ELAN Elanco Animal Health Inc. New 0.19% +0.19
CHX Championx Corp. Add +0.0% 0.98% +0.16
DCO Ducommun Inc. Add +89.5% 0.34% +0.15
PRSU Pursuit Attractions and Hosp Add +8.7% 1.14% +0.15
HFWA Heritage Financial Corp. Add +286.3% 0.21% +0.15
BV Brightview Holdings Inc. Add +31.8% 0.32% +0.14
RIG Transocean Ltd. Add +14.5% 1.54% +0.14
MRTN Marten Transport Ltd. Add +121.0% 0.29% +0.13
DMC Del Monte Corp. New 0.13% +0.13
PLOW Douglas Dynamics Inc. Add +119.7% 0.30% +0.13
NCLH Norwegian Cruise Line Holdin Add +5.7% 1.67% +0.11
PGNY Progyny Inc. Add +10.4% 1.17% +0.11
DRS Leonardo DRS Inc. New 0.10% +0.10
MGNI Magnite Inc. Add +0.1% 0.96% +0.10
FBNC First Bancorp New 0.10% +0.10
NOG Northern Oil and Gas Inc. Add +2.4% 1.59% +0.09
FWRG First Watch Restaurant Group New 0.09% +0.09
BWMN Bowman Consulting Group Ltd. New 0.07% +0.07
CRS Carpenter Technology Add +7.0% 1.58% +0.07
PRKS United Parks & Resorts Inc. Add +0.2% 1.90% +0.06
AIP Arteris Inc. Add +30.2% 0.16% +0.06
NMRK Newmark Group Inc. Class A Add +5.8% 1.44% +0.06
MNRO Monro Inc. Add +11.6% 0.37% +0.05
AORT Artivion Inc. New 0.05% +0.05
FARM Farmer Bros Co. Add +2.0% 0.28% +0.04
NOMD Nomad Foods Ltd. New 0.03% +0.03
JLL Jones Lang Lasalle Inc. New 0.03% +0.03
OI O-I Glass Inc. Add +4.0% 1.13% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 185$1.6BOUST, ACMR, MIRM, LGND, TGTX
Q1 2026 172$1.3BMIRM, CZR, GPOR, WFRD, WTTR
Q4 2025 164$1.3BATEC, WFRD, MIRM, AMTM, NXST
Q3 2025 169$1.3BDY, AMTM, ATEC, MIRM, WFRD
Q2 2025 156$1.2BAMTM, LITE, BGC, DY, GPOR
Q1 2025 160$1.0BBGC, GPOR, NMRK, ATEC, ABCB
Q4 2024 142$1.0BGTLS, KD, GPOR, WAY, BGC
Q3 2024 144$1.1BNCLH, CRS, BPOP, ABCB, NMRK
Q2 2024 142$1.0BWFRD, CRS, NCLH, FTAI, MTZ
Q1 2024 144$1.1BWFRD, GDEN, PRKS, HEES, BPOP