Penn Capital Management Company, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Penn Capital Management Company, LLC reported 142 stock positions worth $1.0 billion. Its top holding was Weatherford International PL (WFRD) at 2.5% of the portfolio, followed by Carpenter Technology (CRS, 2.1%) and Norwegian Cruise Line Holdin (NCLH, 1.9%). Compared with Q1 2024, it opened 21 new positions, sold out of 23, added to 44 and reduced 75. The biggest buy was a new position in Q2 (QTWO) and the biggest sale an exit from Ringcentral Class A (RNG).
- Most Recent 13F
- Q2 2026
- Location
- PHILADELPHIA, PA
- CIK
- 0001158202
- Portfolio Value
- $1.0B (Q2 2024)
- SEC Filing
- 0001420506-24-001389 ↗ filed Aug 13, 2024
Holdings Value
Holdings 142 stocks · $1.0B
| WFRD Weatherford International PL | 2.49% | 210,898 | $25.9M | Reduce -2.0% |
| CRS Carpenter Technology | 2.10% | 199,282 | $21.9M | Reduce -19.7% |
| NCLH Norwegian Cruise Line Holdin | 1.86% | 1,028,698 | $19.4M | Add +14.7% |
| FTAI Ftai Aviation Ltd. | 1.70% | 170,996 | $17.7M | Reduce -17.0% |
| MTZ Mastec Inc. | 1.70% | 164,605 | $17.7M | Reduce -2.0% |
| GDEN Golden Entertainment Inc. | 1.68% | 561,611 | $17.5M | Reduce -6.2% |
| PRKS United Parks & Resorts Inc. | 1.68% | 320,343 | $17.5M | Reduce -15.3% |
| BPOP Popular Inc. | 1.67% | 195,767 | $17.4M | Reduce -10.7% |
| NMRK Newmark Group Inc. Class A | 1.60% | 1,618,687 | $16.6M | Add +11.0% |
| RXO Rxo Inc. | 1.58% | 628,734 | $16.5M | Add +0.8% |
| FOUR SHIFT4 Payments Inc. Class A | 1.54% | 217,590 | $16.0M | Add +7.9% |
| HALO Halozyme Therapeutics Inc. | 1.52% | 300,670 | $15.8M | Add +10.3% |
| ALGM Allegro Microsystems Inc. | 1.51% | 556,508 | $15.8M | Add +9.0% |
| NOG Northern Oil and Gas Inc. | 1.50% | 418,791 | $15.6M | Reduce -6.9% |
| BGC BGC Group Inc. Class A | 1.48% | 1,848,442 | $15.4M | Add +5.5% |
| PNFP Pinnacle Financial Partners | 1.47% | 190,415 | $15.3M | Reduce -7.7% |
| NXST Nexstar Media Group Inc. | 1.44% | 90,183 | $15.0M | Reduce -5.9% |
| LAZ Lazard Inc. | 1.43% | 389,905 | $14.9M | Add +28.6% |
| GTLS Chart Industries Inc. | 1.39% | 99,868 | $14.5M | Reduce -2.1% |
| HLMN Hillman Solutions Corp. | 1.37% | 1,607,886 | $14.3M | Reduce -2.0% |
| ATEC Alphatec Holdings Inc. | 1.36% | 1,349,095 | $14.1M | Add +1.1% |
| KNF Knife River Corp. | 1.35% | 200,048 | $14.1M | Reduce -11.4% |
| RIG Transocean Ltd. | 1.35% | 2,612,018 | $14.0M | Reduce -5.0% |
| TGI Triumph Group Inc. | 1.34% | 905,990 | $14.0M | Reduce -1.8% |
| CHEF The Chefs' Warehouse Inc. | 1.32% | 350,796 | $13.8M | Add +6.0% |
| DNOW Dnow Inc. | 1.30% | 979,011 | $13.5M | Add +0.1% |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 1.28% | 220,854 | $13.4M | New |
| AMG Affiliated Managers Group | 1.28% | 85,175 | $13.4M | Add +5.9% |
| KLIC Kulicke & Soffa Industries | 1.27% | 267,846 | $13.2M | Reduce -12.4% |
| GXO Gxo Logistics Inc. | 1.26% | 259,702 | $13.2M | Reduce -4.0% |
| ABCB Ameris Bancorp | 1.26% | 260,195 | $13.1M | Reduce -14.9% |
| STGW Stagwell Inc. | 1.26% | 1,911,628 | $13.1M | Reduce -1.1% |
| TCBI Texas Capital Bancshares Inc. | 1.22% | 207,835 | $12.8M | Reduce -11.7% |
| PLNT Planet Fitness Inc. Class A | 1.21% | 170,310 | $12.6M | Reduce -1.6% |
| HEES H&E Equipment Services Inc. | 1.21% | 283,355 | $12.6M | Reduce -7.3% |
| ZUO Zuora Inc. Class A | 1.20% | 1,256,270 | $12.5M | Reduce -1.9% |
| TMHC Taylor Morrison Home Corp. | 1.19% | 223,646 | $12.4M | Add +6.0% |
| SIMO Silicon Motion Technol-ADR | 1.19% | 152,821 | $12.4M | New |
| MGNI Magnite Inc. | 1.18% | 920,810 | $12.3M | Reduce -8.3% |
| STNG Scorpio Tankers Inc. | 1.17% | 149,130 | $12.2M | Add +19.7% |
| RMBS Rambus Inc. | 1.17% | 205,964 | $12.1M | Reduce -2.0% |
| RHP Ryman Hospitality Properties | 1.16% | 120,232 | $12.1M | Reduce -0.2% |
| FBK FB Financial Corp. filed as FB FINL CORP | 1.14% | 302,485 | $11.8M | Reduce -1.9% |
| CROX Crocs Inc. | 1.11% | 78,821 | $11.5M | Reduce -22.1% |
| KD Kyndryl Holdings Inc. | 1.10% | 434,852 | $11.5M | New |
| SMTC Semtech Corp. | 1.06% | 367,460 | $11.0M | Reduce -7.8% |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 1.04% | 317,746 | $10.8M | Reduce -2.1% |
| OMF Onemain Holdings Inc. | 1.01% | 216,934 | $10.6M | Add +9.3% |
| INFN Infinera Corp. | 1.01% | 1,730,817 | $10.6M | Add +184.2% |
| CRC California Resources Corp. | 0.99% | 194,100 | $10.3M | Reduce -1.9% |
| ROAD Construction Partners Inc. Class A | 0.97% | 182,421 | $10.1M | Reduce -10.3% |
| ARCB Arcbest Corp. | 0.94% | 91,421 | $9.8M | Reduce -11.4% |
| PTEN Patterson-Uti Energy Inc. | 0.92% | 921,663 | $9.6M | Add +16.7% |
| LTH Life Time Group Holdings Inc. | 0.91% | 501,940 | $9.5M | New |
| THC Tenet Healthcare Corp. | 0.88% | 68,226 | $9.1M | Reduce -45.9% |
| PGNY Progyny Inc. | 0.87% | 317,123 | $9.1M | Reduce -7.4% |
| GTN Gray Media Inc. filed as GRAY TELEVISION INC | 0.87% | 1,738,667 | $9.1M | Reduce -1.1% |
| BLMN Bloomin' Brands Inc. | 0.86% | 464,975 | $9.0M | Add +6.2% |
| PENN Penn Entertainment Inc. | 0.81% | 436,057 | $8.5M | Reduce -1.0% |
| RDNT Radnet Inc. | 0.80% | 141,744 | $8.4M | Reduce -60.2% |
| MIRM Mirum Pharmaceuticals Inc. | 0.79% | 241,151 | $8.3M | Reduce -1.9% |
| OUST Ouster Inc. | 0.76% | 806,856 | $7.9M | Reduce -8.8% |
| BV Brightview Holdings Inc. | 0.76% | 595,508 | $7.9M | Add +99.5% |
| ASO Academy Sports & Outdoors Inc. | 0.75% | 147,149 | $7.8M | Add +19.3% |
| FWRG First Watch Restaurant Group | 0.75% | 445,205 | $7.8M | Add +979.9% |
| WAY Waystar Holding Corp. | 0.75% | 362,713 | $7.8M | New |
| BYD Boyd Gaming Corp. | 0.75% | 140,868 | $7.8M | Reduce -1.9% |
| CENX Century Aluminum Company | 0.72% | 449,089 | $7.5M | New |
| FTRE Fortrea Holdings Inc. | 0.72% | 321,198 | $7.5M | Reduce -17.3% |
| CCO Clear Channel Outdoor Holdin | 0.69% | 5,056,773 | $7.1M | Reduce -2.4% |
| ML Moneylion Inc. | 0.68% | 95,962 | $7.1M | New |
| NVTS Navitas Semiconductor Corp. | 0.65% | 1,719,001 | $6.8M | Reduce -18.4% |
| BKD Brookdale Senior Living Inc. | 0.55% | 837,701 | $5.7M | New |
| ADC Agree Realty Corp. | 0.52% | 87,876 | $5.5M | Add +13.6% |
| NWN Northwest Natural Holding Co. | 0.50% | 143,879 | $5.2M | Add +3.0% |
| HCSG Healthcare Services Group | 0.49% | 483,443 | $5.1M | Add +17.9% |
| VXF Vanguard Extended Market ETF | 0.47% | 28,746 | $4.9M | Add +113.8% |
| MSEX Middlesex Water Co. | 0.42% | 84,500 | $4.4M | Add +37.5% |
| DEA Easterly Govt Pptys Inc. | 0.42% | 356,045 | $4.4M | No change |
| YORW York Water Co. filed as YORK WTR CO | 0.41% | 115,108 | $4.3M | Add +82.9% |
| AVD American Vanguard Corp. | 0.41% | 494,822 | $4.3M | Add +14.2% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 0.40% | 1,333,186 | $4.2M | Reduce -2.0% |
| EZPW Ezcorp Inc. Class A | 0.39% | 390,820 | $4.1M | Add +193.9% |
| NGVT Ingevity Corp. | 0.39% | 92,849 | $4.1M | Reduce -9.2% |
| FOXF Fox Factory Holding Corp. | 0.39% | 83,496 | $4.0M | New |
| ALNT Allient Inc. | 0.37% | 151,542 | $3.8M | Add +76.9% |
| MNRO Monro Inc. | 0.35% | 153,365 | $3.7M | Add +16.4% |
| HLIO Helios Technologies Inc. | 0.32% | 69,676 | $3.3M | Reduce -32.8% |
| ROG Rogers Corp. | 0.32% | 27,382 | $3.3M | Add +1.0% |
| PSTL Postal Realty Trust Inc. Class A | 0.30% | 234,352 | $3.1M | Add +2.2% |
| MRTN Marten Transport Ltd. | 0.30% | 168,781 | $3.1M | Reduce -3.2% |
| WDC Western Digital Corp. | 0.29% | 39,684 | $3.1M | Reduce -7.1% |
| DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC | 0.25% | 120,939 | $2.6M | Add +107.6% |
| JACK Jack in the Box Inc. | 0.24% | 49,828 | $2.5M | New |
| FARM Farmer Bros Co. | 0.24% | 938,018 | $2.5M | Add +5.8% |
| TRS Trimas Corp. | 0.23% | 93,268 | $2.4M | Reduce -12.7% |
| TER Teradyne Inc. | 0.21% | 14,674 | $2.2M | Reduce -19.1% |
| PZZA Papa John's Intl Inc. | 0.21% | 45,550 | $2.1M | New |
| EYE National Vision Holdings Inc. | 0.20% | 159,994 | $2.1M | New |
| CMC Commercial Metals Co. | 0.20% | 37,216 | $2.1M | Add +5.0% |
Options reported separately and not counted above: VIVID SEATS INC puts ($426K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $12.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| XPRO Expro Group Holdings NV | COM · principal | 546,974 | $12.6M | New |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q1 2024 → Q2 2024
| RNG Ringcentral Inc. Class A | Sold out | 0.00% | −1.29 |
| SSB Southstate Bank Corp. | Sold out | 0.00% | −1.19 |
| AVDL Avadel Pharmaceuticals plc | Sold out | 0.00% | −1.03 |
| FIVN FIVE9 Inc. | Sold out | 0.00% | −1.00 |
| CHX Championx Corp. | Sold out | 0.00% | −0.98 |
| OI O-I Glass Inc. | Reduce -77.4% | 0.19% | −0.95 |
| COLL Collegium Pharmaceutical Inc. | Sold out | 0.00% | −0.85 |
| ASPN Aspen Aerogels Inc. | Sold out | 0.00% | −0.84 |
| SGRY Surgery Partners Inc. | Reduce -93.0% | 0.05% | −0.79 |
| RDNT Radnet Inc. | Reduce -60.2% | 0.80% | −0.74 |
| FTRE Fortrea Holdings Inc. | Reduce -17.3% | 0.72% | −0.67 |
| HEES H&E Equipment Services Inc. | Reduce -7.3% | 1.21% | −0.54 |
| CALX Calix Inc. | Sold out | 0.00% | −0.45 |
| ACAD Acadia Pharmaceuticals Inc. | Sold out | 0.00% | −0.41 |
| ARCB Arcbest Corp. | Reduce -11.4% | 0.94% | −0.37 |
| DCO Ducommun Inc. | Sold out | 0.00% | −0.34 |
| THC Tenet Healthcare Corp. | Reduce -45.9% | 0.88% | −0.31 |
| PGNY Progyny Inc. | Reduce -7.4% | 0.87% | −0.29 |
| GDEN Golden Entertainment Inc. | Reduce -6.2% | 1.68% | −0.28 |
| KNF Knife River Corp. | Reduce -11.4% | 1.35% | −0.28 |
| NVTS Navitas Semiconductor Corp. | Reduce -18.4% | 0.65% | −0.24 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.23 |
| CSR Centerspace | Sold out | 0.00% | −0.22 |
| PRKS United Parks & Resorts Inc. | Reduce -15.3% | 1.68% | −0.22 |
| HG Hamilton Insurance Grou Class B | Sold out | 0.00% | −0.20 |
| RIG Transocean Ltd. | Reduce -5.0% | 1.35% | −0.19 |
| CROX Crocs Inc. | Reduce -22.1% | 1.11% | −0.19 |
| HLMN Hillman Solutions Corp. | Reduce -2.0% | 1.37% | −0.19 |
| CMP Compass Minerals Internation | Sold out | 0.00% | −0.18 |
| AIP Arteris Inc. | Sold out | 0.00% | −0.16 |
| EMKR Emcore Corp. | Sold out | 0.00% | −0.13 |
| GTN Gray Media Inc. | Reduce -1.1% | 0.87% | −0.12 |
| PLOW Douglas Dynamics Inc. | Reduce -41.8% | 0.18% | −0.12 |
| BYD Boyd Gaming Corp. | Reduce -1.9% | 0.75% | −0.11 |
| PNFP Pinnacle Financial Partners | Reduce -7.7% | 1.47% | −0.11 |
| GLPI Gaming and Leisure Propertie | Sold out | 0.00% | −0.11 |
| GTLS Chart Industries Inc. | Reduce -2.1% | 1.39% | −0.11 |
| KLIC Kulicke & Soffa Industries | Reduce -12.4% | 1.27% | −0.10 |
| PRSU Pursuit Attractions and Hosp | Reduce -2.1% | 1.04% | −0.10 |
| HLIO Helios Technologies Inc. | Reduce -32.8% | 0.32% | −0.09 |
| NOG Northern Oil and Gas Inc. | Reduce -6.9% | 1.50% | −0.09 |
| TPB Turning Point Brands Inc. | Sold out | 0.00% | −0.09 |
| RHP Ryman Hospitality Properties | Reduce -0.2% | 1.16% | −0.08 |
| FIVE Five Below | Reduce -20.5% | 0.09% | −0.08 |
| CCO Clear Channel Outdoor Holdin | Reduce -2.4% | 0.69% | −0.08 |
| SSP Ew Scripps Co./the-A | Reduce -2.0% | 0.40% | −0.07 |
| HFWA Heritage Financial Corp. | Reduce -33.2% | 0.14% | −0.07 |
| FBNC First Bancorp | Reduce -67.5% | 0.03% | −0.07 |
| TCBI Texas Capital Bancshares Inc. | Reduce -11.7% | 1.22% | −0.07 |
| NXRT Nexpoint Residential | Sold out | 0.00% | −0.06 |
Portfolio Buys Q1 2024 → Q2 2024
| QTWO Q2 Holdings Inc. | New | 1.28% | +1.28 |
| SIMO Silicon Motion Technol-ADR | New | 1.19% | +1.19 |
| KD Kyndryl Holdings Inc. | New | 1.10% | +1.10 |
| LTH Life Time Group Holdings Inc. | New | 0.91% | +0.91 |
| WAY Waystar Holding Corp. | New | 0.75% | +0.75 |
| CENX Century Aluminum Company | New | 0.72% | +0.72 |
| INFN Infinera Corp. | Add +184.2% | 1.01% | +0.69 |
| ML Moneylion Inc. | New | 0.68% | +0.68 |
| FWRG First Watch Restaurant Group | Add +979.9% | 0.75% | +0.66 |
| BKD Brookdale Senior Living Inc. | New | 0.55% | +0.55 |
| HALO Halozyme Therapeutics Inc. | Add +10.3% | 1.52% | +0.53 |
| BV Brightview Holdings Inc. | Add +99.5% | 0.76% | +0.45 |
| FOXF Fox Factory Holding Corp. | New | 0.39% | +0.39 |
| STNG Scorpio Tankers Inc. | Add +19.7% | 1.17% | +0.37 |
| RXO Rxo Inc. | Add +0.8% | 1.58% | +0.37 |
| FOUR SHIFT4 Payments Inc. Class A | Add +7.9% | 1.54% | +0.35 |
| LAZ Lazard Inc. | Add +28.6% | 1.43% | +0.30 |
| ALGM Allegro Microsystems Inc. | Add +9.0% | 1.51% | +0.29 |
| BGC BGC Group Inc. Class A | Add +5.5% | 1.48% | +0.26 |
| VXF Vanguard Extended Market ETF | Add +113.8% | 0.47% | +0.26 |
| EZPW Ezcorp Inc. Class A | Add +193.9% | 0.39% | +0.26 |
| JACK Jack in the Box Inc. | New | 0.24% | +0.24 |
| CHEF The Chefs' Warehouse Inc. | Add +6.0% | 1.32% | +0.21 |
| YORW York Water Co. | Add +82.9% | 0.41% | +0.21 |
| PZZA Papa John's Intl Inc. | New | 0.21% | +0.21 |
| EYE National Vision Holdings Inc. | New | 0.20% | +0.20 |
| NCLH Norwegian Cruise Line Holdin | Add +14.7% | 1.86% | +0.19 |
| DKNG Draftkings Inc. Class A | New | 0.18% | +0.18 |
| NMRK Newmark Group Inc. Class A | Add +11.0% | 1.60% | +0.15 |
| DOLE Dole PLC | New | 0.15% | +0.15 |
| MSEX Middlesex Water Co. | Add +37.5% | 0.42% | +0.14 |
| ADC Agree Realty Corp. | Add +13.6% | 0.52% | +0.13 |
| DMC Del Monte Corp. | Add +107.6% | 0.25% | +0.12 |
| THS Treehouse Foods Inc. | New | 0.12% | +0.12 |
| OMF Onemain Holdings Inc. | Add +9.3% | 1.01% | +0.11 |
| CHUY Chuy's Holdings Inc. | New | 0.10% | +0.10 |
| ALNT Allient Inc. | Add +76.9% | 0.37% | +0.10 |
| LYFT LYFT Inc. Class A | New | 0.09% | +0.09 |
| AMG Affiliated Managers Group | Add +5.9% | 1.28% | +0.08 |
| PTEN Patterson-Uti Energy Inc. | Add +16.7% | 0.92% | +0.08 |
| DRS Leonardo DRS Inc. | Add +32.5% | 0.17% | +0.07 |
| BKH Black Hills Corp. | New | 0.05% | +0.05 |
| NWN Northwest Natural Holding Co. | Add +3.0% | 0.50% | +0.04 |
| HCSG Healthcare Services Group | Add +17.9% | 0.49% | +0.04 |
| ROG Rogers Corp. | Add +1.0% | 0.32% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.03% | +0.03 |
| TKO Tko Group Holdings Inc. | New | 0.03% | +0.03 |
| TMHC Taylor Morrison Home Corp. | Add +6.0% | 1.19% | +0.02 |
| NOMD Nomad Foods Ltd. | Add +56.1% | 0.04% | +0.01 |
| ASO Academy Sports & Outdoors Inc. | Add +19.3% | 0.75% | +0.01 |
Options Activity Q1 2024 → Q2 2024
| VIVID SEATS INC | put | New | 74,056 | $426K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| XPRO Expro Group Holdings NV | COM · principal | New | 546,974 | $12.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 185 | $1.6B | OUST, ACMR, MIRM, LGND, TGTX |
| Q1 2026 | 172 | $1.3B | MIRM, CZR, GPOR, WFRD, WTTR |
| Q4 2025 | 164 | $1.3B | ATEC, WFRD, MIRM, AMTM, NXST |
| Q3 2025 | 169 | $1.3B | DY, AMTM, ATEC, MIRM, WFRD |
| Q2 2025 | 156 | $1.2B | AMTM, LITE, BGC, DY, GPOR |
| Q1 2025 | 160 | $1.0B | BGC, GPOR, NMRK, ATEC, ABCB |
| Q4 2024 | 142 | $1.0B | GTLS, KD, GPOR, WAY, BGC |
| Q3 2024 | 144 | $1.1B | NCLH, CRS, BPOP, ABCB, NMRK |
| Q2 2024 | 142 | $1.0B | WFRD, CRS, NCLH, FTAI, MTZ |
| Q1 2024 | 144 | $1.1B | WFRD, GDEN, PRKS, HEES, BPOP |