Penn Capital Management Company, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Penn Capital Management Company, LLC reported 142 stock positions worth $1.0 billion. Its top holding was Chart Industries (GTLS) at 1.9% of the portfolio, followed by Kyndryl (KD, 1.8%) and Gulfport Energy (GPOR, 1.7%). Compared with Q3 2024, it opened 35 new positions, sold out of 37, added to 33 and reduced 74. The biggest buy was a new position in Gulfport Energy (GPOR) and the biggest sale Mastec (MTZ, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- PHILADELPHIA, PA
- CIK
- 0001158202
- Portfolio Value
- $1.0B (Q4 2024)
- SEC Filing
- 0001420506-25-000531 ↗ filed Feb 14, 2025
Holdings Value
Holdings 142 stocks · $1.0B
| GTLS Chart Industries Inc. | 1.85% | 98,983 | $18.9M | Reduce -7.7% |
| KD Kyndryl Holdings Inc. | 1.81% | 534,550 | $18.5M | Reduce -11.0% |
| GPOR Gulfport Energy Corp. | 1.74% | 96,151 | $17.7M | New |
| WAY Waystar Holding Corp. | 1.65% | 459,408 | $16.9M | Reduce -27.1% |
| BGC BGC Group Inc. Class A | 1.64% | 1,848,148 | $16.7M | Reduce -4.6% |
| ABCB Ameris Bancorp | 1.62% | 264,068 | $16.5M | Reduce -18.8% |
| GDEN Golden Entertainment Inc. | 1.62% | 521,219 | $16.5M | Reduce -5.9% |
| KNF Knife River Corp. | 1.57% | 157,413 | $16.0M | Reduce -20.9% |
| LAZ Lazard Inc. | 1.57% | 310,586 | $16.0M | Reduce -16.0% |
| TGI Triumph Group Inc. | 1.55% | 845,344 | $15.8M | Reduce -10.0% |
| CRS Carpenter Technology | 1.54% | 92,553 | $15.7M | Reduce -31.2% |
| TCBI Texas Capital Bancshares Inc. | 1.51% | 196,929 | $15.4M | Reduce -26.0% |
| PRKS United Parks & Resorts Inc. | 1.50% | 272,042 | $15.3M | Reduce -18.7% |
| CHEF The Chefs' Warehouse Inc. | 1.45% | 300,494 | $14.8M | Reduce -23.1% |
| NMRK Newmark Group Inc. Class A | 1.45% | 1,156,236 | $14.8M | Reduce -7.1% |
| AMG Affiliated Managers Group | 1.44% | 79,408 | $14.7M | Reduce -11.8% |
| LITE Lumentum Holdings Inc. | 1.43% | 173,593 | $14.6M | New |
| EXTR Extreme Networks Inc. | 1.40% | 850,029 | $14.2M | New |
| ATEC Alphatec Holdings Inc. | 1.38% | 1,535,182 | $14.1M | Add +17.5% |
| SRAD Sportradar Group AG-A | 1.38% | 809,075 | $14.0M | New |
| RXO Rxo Inc. | 1.37% | 585,750 | $14.0M | Reduce -11.6% |
| FWRG First Watch Restaurant Group | 1.34% | 735,486 | $13.7M | Add +34.7% |
| BV Brightview Holdings Inc. | 1.33% | 848,584 | $13.6M | Add +49.4% |
| LTH Life Time Group Holdings Inc. | 1.33% | 611,072 | $13.5M | Add +7.5% |
| OUST Ouster Inc. | 1.31% | 1,094,528 | $13.4M | Add +27.4% |
| BDN Brandywine Realty Trust | 1.30% | 2,374,943 | $13.3M | New |
| FBK FB Financial Corp. filed as FB FINL CORP | 1.29% | 256,064 | $13.2M | Reduce -4.0% |
| PEGA Pegasystems Inc. | 1.29% | 141,481 | $13.2M | Add +17.2% |
| WFRD Weatherford International PL | 1.28% | 182,327 | $13.1M | Reduce -13.7% |
| NOG Northern Oil and Gas Inc. | 1.28% | 349,944 | $13.0M | Reduce -10.1% |
| EPR Epr Properties filed as EPR PPTYS | 1.27% | 291,203 | $12.9M | Add +2.3% |
| HLMN Hillman Solutions Corp. | 1.26% | 1,316,794 | $12.8M | Reduce -11.0% |
| DY Dycom Industries Inc. | 1.26% | 73,658 | $12.8M | New |
| RHP Ryman Hospitality Properties | 1.25% | 121,747 | $12.7M | Reduce -5.4% |
| MGNI Magnite Inc. | 1.22% | 778,885 | $12.4M | Reduce -25.4% |
| NXST Nexstar Media Group Inc. | 1.22% | 78,487 | $12.4M | Reduce -15.0% |
| FWRD Forward Air Corp. | 1.21% | 380,947 | $12.3M | Add +17.9% |
| BPOP Popular Inc. | 1.18% | 128,114 | $12.1M | Reduce -38.5% |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 1.18% | 283,088 | $12.0M | Reduce -6.8% |
| LNTH Lantheus Holdings Inc. | 1.16% | 131,794 | $11.8M | New |
| BYD Boyd Gaming Corp. | 1.16% | 162,266 | $11.8M | Reduce -11.4% |
| MIRM Mirum Pharmaceuticals Inc. | 1.13% | 278,427 | $11.5M | Reduce -10.0% |
| SMTC Semtech Corp. | 1.12% | 184,478 | $11.4M | Reduce -47.4% |
| RMBS Rambus Inc. | 1.11% | 214,863 | $11.4M | Add +8.2% |
| LGND Ligand Pharmaceuticals | 1.10% | 104,430 | $11.2M | Add +4.2% |
| STGW Stagwell Inc. | 1.08% | 1,670,928 | $11.0M | Reduce -11.7% |
| NCLH Norwegian Cruise Line Holdin | 1.06% | 420,860 | $10.8M | Reduce -62.2% |
| PENN Penn Entertainment Inc. | 1.05% | 541,767 | $10.7M | Add +4.3% |
| RIG Transocean Ltd. | 1.05% | 2,851,215 | $10.7M | Reduce -11.7% |
| DNOW Dnow Inc. | 1.04% | 813,550 | $10.6M | Reduce -21.3% |
| BLKB Blackbaud Inc. | 1.04% | 143,139 | $10.6M | New |
| TGTX TG Therapeutics Inc. | 1.04% | 351,408 | $10.6M | New |
| CRC California Resources Corp. | 1.03% | 202,328 | $10.5M | Add +4.7% |
| HEES H&E Equipment Services Inc. | 1.01% | 210,718 | $10.3M | Reduce -18.6% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.99% | 327,559 | $10.1M | New |
| ASO Academy Sports & Outdoors Inc. | 0.99% | 174,851 | $10.1M | Add +16.4% |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 0.98% | 99,268 | $10.0M | Reduce -54.8% |
| AMTM Amentum Holdings Inc. | 0.92% | 446,308 | $9.4M | New |
| BANC Banc of California Inc. | 0.92% | 603,227 | $9.3M | New |
| OMF Onemain Holdings Inc. | 0.91% | 177,595 | $9.3M | Add +1.0% |
| RDNT Radnet Inc. | 0.91% | 132,283 | $9.2M | Reduce -6.3% |
| OEC Orion SA | 0.88% | 568,306 | $9.0M | New |
| BKD Brookdale Senior Living Inc. | 0.87% | 1,768,632 | $8.9M | Add +15.2% |
| ODD Oddity Tech Ltd. Class A | 0.85% | 206,806 | $8.7M | New |
| ROAD Construction Partners Inc. Class A | 0.85% | 97,599 | $8.6M | Reduce -20.7% |
| GXO Gxo Logistics Inc. | 0.81% | 189,449 | $8.2M | Reduce -18.6% |
| PNFP Pinnacle Financial Partners | 0.80% | 71,215 | $8.1M | Reduce -63.2% |
| CENX Century Aluminum Company | 0.70% | 390,255 | $7.1M | Reduce -12.1% |
| CYH Community Health Systems Inc. | 0.70% | 2,372,280 | $7.1M | Add +13.6% |
| CCO Clear Channel Outdoor Holdin | 0.69% | 5,114,066 | $7.0M | Reduce -4.1% |
| ARCB Arcbest Corp. | 0.58% | 63,748 | $5.9M | Reduce -7.2% |
| WTTR Select Water Solutions Inc. | 0.56% | 434,338 | $5.8M | New |
| GOOS Canada Goose Holdings Inc. | 0.56% | 568,527 | $5.7M | New |
| FOUR SHIFT4 Payments Inc. Class A | 0.55% | 53,595 | $5.6M | Reduce -72.3% |
| GTN Gray Media Inc. filed as GRAY TELEVISION INC | 0.54% | 1,736,182 | $5.5M | Reduce -9.6% |
| FOXF Fox Factory Holding Corp. | 0.53% | 179,381 | $5.4M | Add +54.1% |
| SSYS Stratasys Ltd. | 0.53% | 604,722 | $5.4M | New |
| LBRT Liberty Energy Inc. | 0.53% | 269,809 | $5.4M | New |
| LIND Lindblad Expeditions Holding | 0.52% | 449,796 | $5.3M | New |
| DDD 3D Systems Corp. filed as 3-D SYS CORP DEL | 0.51% | 1,589,700 | $5.2M | New |
| CWCO Consolidated Water Co.-Ord SH | 0.50% | 195,608 | $5.1M | Add +6.2% |
| NWN Northwest Natural Holding Co. | 0.49% | 126,618 | $5.0M | Reduce -10.5% |
| EYE National Vision Holdings Inc. | 0.49% | 479,896 | $5.0M | Add +26.1% |
| EZPW Ezcorp Inc. Class A | 0.49% | 405,886 | $5.0M | Reduce -17.4% |
| YORW York Water Co. filed as YORK WTR CO | 0.47% | 145,132 | $4.7M | Add +5.3% |
| MRTN Marten Transport Ltd. | 0.43% | 280,250 | $4.4M | Add +21.2% |
| CVGW Calavo Growers Inc. | 0.42% | 168,344 | $4.3M | Add +54.0% |
| HCSG Healthcare Services Group | 0.39% | 342,369 | $4.0M | Reduce -31.0% |
| THS Treehouse Foods Inc. | 0.39% | 111,714 | $3.9M | Reduce -1.9% |
| MSEX Middlesex Water Co. | 0.38% | 74,082 | $3.9M | Reduce -10.4% |
| LOVE The Lovesac Co. | 0.37% | 157,329 | $3.7M | New |
| INDI Indie Semiconductor Inc. Class A | 0.35% | 882,832 | $3.6M | New |
| MNRO Monro Inc. | 0.35% | 142,345 | $3.5M | Add +21.5% |
| HCAT Health Catalyst Inc. | 0.34% | 495,945 | $3.5M | New |
| TRS Trimas Corp. | 0.34% | 140,068 | $3.4M | Add +300.4% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 0.28% | 1,293,543 | $2.9M | Reduce -3.8% |
| PKE Park Aerospace Corp. | 0.24% | 164,638 | $2.4M | Add +71.0% |
| FARM Farmer Bros Co. | 0.23% | 1,327,831 | $2.4M | Add +28.6% |
| NGVT Ingevity Corp. | 0.19% | 46,771 | $1.9M | Reduce -51.5% |
| PZZA Papa John's Intl Inc. | 0.18% | 43,460 | $1.8M | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $302K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 325,000 | $302K | No change |
Total filed on the 13F, all lines: $1.0B.
Portfolio Sells Q3 2024 → Q4 2024
| MTZ Mastec Inc. | Reduce -96.1% | 0.08% | −1.69 |
| HALO Halozyme Therapeutics Inc. | Sold out | 0.00% | −1.42 |
| PLNT Planet Fitness Inc. Class A | Sold out | 0.00% | −1.26 |
| FTAI Ftai Aviation Ltd. | Reduce -95.2% | 0.07% | −1.14 |
| NCLH Norwegian Cruise Line Holdin | Reduce -62.2% | 1.06% | −1.06 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -72.3% | 0.55% | −1.05 |
| ADC Agree Realty Corp. | Sold out | 0.00% | −1.02 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −0.98 |
| PNFP Pinnacle Financial Partners | Reduce -63.2% | 0.80% | −0.96 |
| VRRM Verra Mobility Corp. | Sold out | 0.00% | −0.87 |
| ZUO Zuora Inc. Class A | Sold out | 0.00% | −0.81 |
| BPOP Popular Inc. | Reduce -38.5% | 1.18% | −0.76 |
| AVDL Avadel Pharmaceuticals Ltd. | Sold out | 0.00% | −0.74 |
| QTWO Q2 Holdings Inc. | Reduce -54.8% | 0.98% | −0.65 |
| ALGM Allegro Microsystems Inc. | Sold out | 0.00% | −0.59 |
| PGNY Progyny Inc. | Sold out | 0.00% | −0.58 |
| ML Moneylion Inc. | Sold out | 0.00% | −0.49 |
| CRS Carpenter Technology | Reduce -31.2% | 1.54% | −0.45 |
| DEA Easterly Govt Pptys Inc. | Sold out | 0.00% | −0.43 |
| PTEN Patterson-Uti Energy Inc. | Sold out | 0.00% | −0.43 |
| CHUY Chuy's Holdings Inc. | Sold out | 0.00% | −0.43 |
| GTN Gray Media Inc. | Reduce -9.6% | 0.54% | −0.42 |
| WFRD Weatherford International PL | Reduce -13.7% | 1.28% | −0.39 |
| SMTC Semtech Corp. | Reduce -47.4% | 1.12% | −0.37 |
| RXO Rxo Inc. | Reduce -11.6% | 1.37% | −0.35 |
| NMRK Newmark Group Inc. Class A | Reduce -7.1% | 1.45% | −0.34 |
| OPLN Openlane Inc. | Sold out | 0.00% | −0.33 |
| GXO Gxo Logistics Inc. | Reduce -18.6% | 0.81% | −0.32 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.30 |
| PSTL Postal Realty Trust Inc. Class A | Reduce -91.3% | 0.03% | −0.29 |
| JACK Jack in the Box Inc. | Sold out | 0.00% | −0.28 |
| ROG Rogers Corp. | Reduce -72.7% | 0.09% | −0.27 |
| ABCB Ameris Bancorp | Reduce -18.8% | 1.62% | −0.26 |
| ALNT Allient Inc. | Sold out | 0.00% | −0.26 |
| TCBI Texas Capital Bancshares Inc. | Reduce -26.0% | 1.51% | −0.26 |
| BLMN Bloomin' Brands Inc. | Sold out | 0.00% | −0.24 |
| CBL CBL & Associates Properties | Sold out | 0.00% | −0.24 |
| RIG Transocean Ltd. | Reduce -11.7% | 1.05% | −0.23 |
| DNOW Dnow Inc. | Reduce -21.3% | 1.04% | −0.20 |
| NXST Nexstar Media Group Inc. | Reduce -15.0% | 1.22% | −0.20 |
| IART Integra Lifesciences Holding | Sold out | 0.00% | −0.20 |
| HLMN Hillman Solutions Corp. | Reduce -11.0% | 1.26% | −0.19 |
| THC Tenet Healthcare Corp. | Reduce -79.3% | 0.04% | −0.18 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.17 |
| NGVT Ingevity Corp. | Reduce -51.5% | 0.19% | −0.16 |
| LAZ Lazard Inc. | Reduce -16.0% | 1.57% | −0.16 |
| HEES H&E Equipment Services Inc. | Reduce -18.6% | 1.01% | −0.16 |
| STGW Stagwell Inc. | Reduce -11.7% | 1.08% | −0.16 |
| CZR Caesars Entertainment Inc. | Reduce -61.6% | 0.07% | −0.16 |
| OLO Olo Inc. Class A | Sold out | 0.00% | −0.13 |
Portfolio Buys Q3 2024 → Q4 2024
| GPOR Gulfport Energy Corp. | New | 1.74% | +1.74 |
| LITE Lumentum Holdings Inc. | New | 1.43% | +1.43 |
| EXTR Extreme Networks Inc. | New | 1.40% | +1.40 |
| SRAD Sportradar Group AG-A | New | 1.38% | +1.38 |
| BDN Brandywine Realty Trust | New | 1.30% | +1.30 |
| DY Dycom Industries Inc. | New | 1.26% | +1.26 |
| LNTH Lantheus Holdings Inc. | New | 1.16% | +1.16 |
| BLKB Blackbaud Inc. | New | 1.04% | +1.04 |
| TGTX TG Therapeutics Inc. | New | 1.04% | +1.04 |
| DCOM Dime Commercial Bancshares I | New | 0.99% | +0.99 |
| AMTM Amentum Holdings Inc. | New | 0.92% | +0.92 |
| BANC Banc of California Inc. | New | 0.92% | +0.92 |
| OEC Orion SA | New | 0.88% | +0.88 |
| ODD Oddity Tech Ltd. Class A | New | 0.85% | +0.85 |
| OUST Ouster Inc. | Add +27.4% | 1.31% | +0.81 |
| ATEC Alphatec Holdings Inc. | Add +17.5% | 1.38% | +0.71 |
| WTTR Select Water Solutions Inc. | New | 0.56% | +0.56 |
| GOOS Canada Goose Holdings Inc. | New | 0.56% | +0.56 |
| FWRG First Watch Restaurant Group | Add +34.7% | 1.34% | +0.55 |
| SSYS Stratasys Ltd. | New | 0.53% | +0.53 |
| LBRT Liberty Energy Inc. | New | 0.53% | +0.53 |
| LIND Lindblad Expeditions Holding | New | 0.52% | +0.52 |
| DDD 3D Systems Corp. | New | 0.51% | +0.51 |
| BV Brightview Holdings Inc. | Add +49.4% | 1.33% | +0.50 |
| PEGA Pegasystems Inc. | Add +17.2% | 1.29% | +0.47 |
| LOVE The Lovesac Co. | New | 0.37% | +0.37 |
| INDI Indie Semiconductor Inc. Class A | New | 0.35% | +0.35 |
| HCAT Health Catalyst Inc. | New | 0.34% | +0.34 |
| RMBS Rambus Inc. | Add +8.2% | 1.11% | +0.34 |
| TRS Trimas Corp. | Add +300.4% | 0.34% | +0.26 |
| PZZA Papa John's Intl Inc. | New | 0.18% | +0.18 |
| ASO Academy Sports & Outdoors Inc. | Add +16.4% | 0.99% | +0.17 |
| LGND Ligand Pharmaceuticals | Add +4.2% | 1.10% | +0.17 |
| PENN Penn Entertainment Inc. | Add +4.3% | 1.05% | +0.14 |
| FWRD Forward Air Corp. | Add +17.9% | 1.21% | +0.14 |
| OMF Onemain Holdings Inc. | Add +1.0% | 0.91% | +0.14 |
| CVGW Calavo Growers Inc. | Add +54.0% | 0.42% | +0.13 |
| LESLIES INC | New | 0.12% | +0.12 |
| PKE Park Aerospace Corp. | Add +71.0% | 0.24% | +0.12 |
| TNC Tennant Co. | New | 0.11% | +0.11 |
| EYE National Vision Holdings Inc. | Add +26.1% | 0.49% | +0.11 |
| MAMA Mama's Creations Inc. | New | 0.10% | +0.10 |
| CRC California Resources Corp. | Add +4.7% | 1.03% | +0.09 |
| FOXF Fox Factory Holding Corp. | Add +54.1% | 0.53% | +0.09 |
| CWCO Consolidated Water Co.-Ord SH | Add +6.2% | 0.50% | +0.07 |
| COUR Coursera Inc. | New | 0.06% | +0.06 |
| MRTN Marten Transport Ltd. | Add +21.2% | 0.43% | +0.05 |
| HTLD Heartland Express Inc. | New | 0.05% | +0.05 |
| FARM Farmer Bros Co. | Add +28.6% | 0.23% | +0.04 |
| KWR Quaker Chemical Corporation | New | 0.04% | +0.04 |
Notes & Other Activity Q3 2024 → Q4 2024
| XPRO Expro Group Holdings NV | COM · principal | Sold out | 583,619 | $10.0Mbefore exit |
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 |