Penn Capital Management Company, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Penn Capital Management Company, LLC reported 156 stock positions worth $1.2 billion. Its top holding was Amentum (AMTM) at 2.1% of the portfolio, followed by Lumentum (LITE, 2.0%) and BGC Class A (BGC, 2.0%). Compared with Q1 2025, it opened 27 new positions, sold out of 31, added to 69 and reduced 59. The biggest buy was Caesars Entertainment (CZR, shares +1144%) and the biggest sale an exit from Epr Properties (EPR).
- Most Recent 13F
- Q2 2026
- Location
- PHILADELPHIA, PA
- CIK
- 0001158202
- Portfolio Value
- $1.2B (Q2 2025)
- SEC Filing
- 0001420506-25-002135 ↗ filed Aug 14, 2025
Holdings Value
Holdings 156 stocks · $1.2B
| AMTM Amentum Holdings Inc. | 2.05% | 1,003,472 | $23.8M | Add +12.8% |
| LITE Lumentum Holdings Inc. | 1.99% | 240,991 | $23.0M | Add +2.4% |
| BGC BGC Group Inc. Class A | 1.99% | 2,238,373 | $23.0M | Add +0.0% |
| DY Dycom Industries Inc. | 1.97% | 93,141 | $22.8M | Reduce -13.3% |
| GPOR Gulfport Energy Corp. | 1.91% | 109,599 | $22.1M | Add +0.2% |
| NMRK Newmark Group Inc. Class A | 1.78% | 1,687,380 | $20.6M | Add +11.9% |
| ABCB Ameris Bancorp | 1.77% | 314,806 | $20.4M | Reduce -0.1% |
| WAY Waystar Holding Corp. | 1.76% | 496,466 | $20.3M | Add +4.6% |
| EXTR Extreme Networks Inc. | 1.74% | 1,118,021 | $20.1M | Add +17.6% |
| GDEN Golden Entertainment Inc. | 1.74% | 680,167 | $20.1M | Add +0.9% |
| ATEC Alphatec Holdings Inc. | 1.66% | 1,725,250 | $19.2M | Reduce -4.3% |
| RMBS Rambus Inc. | 1.59% | 286,263 | $18.4M | Add +16.0% |
| CAMT Camtek Ltd. | 1.57% | 214,151 | $18.2M | Add +111.5% |
| AGYS Agilysys Inc. | 1.57% | 157,944 | $18.2M | Add +11.1% |
| MGNI Magnite Inc. | 1.56% | 747,834 | $18.1M | Reduce -18.2% |
| GTLS Chart Industries Inc. | 1.55% | 108,881 | $18.0M | Reduce -11.1% |
| MIRM Mirum Pharmaceuticals Inc. | 1.51% | 342,256 | $17.5M | Reduce -8.4% |
| NXST Nexstar Media Group Inc. | 1.50% | 99,648 | $17.3M | Add +7.9% |
| CALX Calix Inc. | 1.46% | 315,847 | $16.8M | Reduce -6.6% |
| TCBI Texas Capital Bancshares Inc. | 1.46% | 211,478 | $16.8M | Reduce -11.1% |
| OUST Ouster Inc. | 1.44% | 687,866 | $16.7M | Reduce -40.5% |
| RSI Rush Street Interactive Inc. | 1.41% | 1,092,190 | $16.3M | Add +118.7% |
| FWRG First Watch Restaurant Group | 1.40% | 1,005,891 | $16.2M | Reduce -0.5% |
| RDNT Radnet Inc. | 1.39% | 281,256 | $16.0M | Add +2.5% |
| CZR Caesars Entertainment Inc. | 1.38% | 562,471 | $16.0M | Add +1144.2% |
| TGTX TG Therapeutics Inc. | 1.38% | 443,365 | $16.0M | Add +13.1% |
| LTH Life Time Group Holdings Inc. | 1.38% | 522,947 | $15.9M | Add +7.3% |
| BPOP Popular Inc. | 1.37% | 143,703 | $15.9M | Reduce -1.6% |
| RXO Rxo Inc. | 1.37% | 1,004,868 | $15.8M | Add +41.5% |
| CHEF The Chefs' Warehouse Inc. | 1.37% | 246,781 | $15.8M | Reduce -10.8% |
| RHP Ryman Hospitality Properties | 1.36% | 159,474 | $15.8M | Add +14.5% |
| KD Kyndryl Holdings Inc. | 1.35% | 370,842 | $15.6M | Reduce -29.2% |
| SRAD Sportradar Group AG-A | 1.34% | 551,783 | $15.5M | Reduce -2.9% |
| CRS Carpenter Technology | 1.34% | 55,708 | $15.4M | Reduce -40.1% |
| DNOW Dnow Inc. | 1.33% | 1,035,515 | $15.4M | Add +7.7% |
| WFRD Weatherford International PL | 1.31% | 300,752 | $15.2M | Add +13.3% |
| KNF Knife River Corp. | 1.28% | 180,984 | $14.8M | Reduce -1.7% |
| NOG Northern Oil and Gas Inc. | 1.27% | 515,934 | $14.7M | Add +31.0% |
| BV Brightview Holdings Inc. | 1.25% | 870,001 | $14.5M | Reduce -4.8% |
| PRKS United Parks & Resorts Inc. | 1.25% | 304,502 | $14.4M | Reduce -2.4% |
| LGND Ligand Pharmaceuticals | 1.19% | 120,384 | $13.7M | Reduce -0.4% |
| ODD Oddity Tech Ltd. Class A | 1.14% | 173,960 | $13.2M | Reduce -37.6% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 1.14% | 486,074 | $13.1M | Add +2.9% |
| OMF Onemain Holdings Inc. | 1.12% | 225,917 | $12.9M | Reduce -8.7% |
| BYD Boyd Gaming Corp. | 1.09% | 161,635 | $12.7M | Reduce -7.2% |
| BANC Banc of California Inc. | 1.09% | 896,239 | $12.6M | Reduce -1.7% |
| FBK FB Financial Corp. filed as FB FINL CORP | 1.09% | 277,096 | $12.6M | Add +0.0% |
| ETOR Etoro Group Ltd. Class A | 1.06% | 183,949 | $12.3M | New |
| CRC California Resources Corp. | 1.05% | 265,534 | $12.1M | Add +21.8% |
| BLKB Blackbaud Inc. | 1.05% | 187,988 | $12.1M | Reduce -5.1% |
| PENN Penn Entertainment Inc. | 1.04% | 672,791 | $12.0M | Reduce -8.1% |
| PEGA Pegasystems Inc. | 1.04% | 221,577 | $12.0M | Add +43.2% |
| ASO Academy Sports & Outdoors Inc. | 1.03% | 265,661 | $11.9M | Add +21.6% |
| STGW Stagwell Inc. | 1.01% | 2,580,078 | $11.6M | Add +23.8% |
| GRDN Guardian Phrmcy Services-A | 0.98% | 532,787 | $11.4M | New |
| CDE Coeur Mining Inc. | 0.98% | 1,278,733 | $11.3M | New |
| PWP Perella Weinberg Partners | 0.98% | 582,810 | $11.3M | Add +10.4% |
| CMC Commercial Metals Co. | 0.98% | 230,397 | $11.3M | Add +23.6% |
| LAZ Lazard Inc. | 0.96% | 231,724 | $11.1M | Reduce -31.0% |
| LIND Lindblad Expeditions Holding | 0.96% | 953,121 | $11.1M | Add +0.9% |
| GXO Gxo Logistics Inc. | 0.95% | 224,056 | $10.9M | New |
| GTN Gray Media Inc. | 0.89% | 2,253,582 | $10.2M | Add +11.7% |
| PRSU Pursuit Attractions and Hosp | 0.84% | 336,455 | $9.7M | Reduce -0.5% |
| NCLH Norwegian Cruise Line Holdin | 0.81% | 461,388 | $9.4M | Add +4.8% |
| WTTR Select Water Solutions Inc. | 0.79% | 1,050,904 | $9.1M | Add +25.3% |
| HNI Hni Corp. | 0.77% | 180,145 | $8.9M | New |
| RIG Transocean Ltd. | 0.72% | 3,186,056 | $8.3M | Reduce -2.5% |
| BDN Brandywine Realty Trust | 0.71% | 1,901,748 | $8.2M | Reduce -28.9% |
| PNFP Pinnacle Financial Partners | 0.70% | 73,350 | $8.1M | Reduce -3.3% |
| GCMG GCM Grosvenor Inc. Class A | 0.68% | 676,897 | $7.8M | Add +26.5% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.68% | 129,578 | $7.8M | New |
| CCO Clear Channel Outdoor Holdin | 0.49% | 4,872,296 | $5.7M | Reduce -13.9% |
| ASPN Aspen Aerogels Inc. | 0.38% | 745,877 | $4.4M | Add +16.2% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 0.36% | 1,429,966 | $4.2M | Add +0.5% |
| SMWB Similarweb Ltd. | 0.28% | 412,166 | $3.2M | New |
| EZPW Ezcorp Inc. Class A | 0.26% | 216,048 | $3.0M | Add +1599.6% |
| FOXF Fox Factory Holding Corp. | 0.26% | 114,880 | $3.0M | Add +7.0% |
| NWN Northwest Natural Holding Co. | 0.25% | 73,864 | $2.9M | Add +76.9% |
| OSPN Onespan Inc. | 0.23% | 159,599 | $2.7M | Reduce -4.6% |
| CVGW Calavo Growers Inc. | 0.22% | 97,638 | $2.6M | Add +128.5% |
| TNC Tennant Co. | 0.21% | 31,714 | $2.5M | Add +18.2% |
| PDFS PDF Solutions Inc. | 0.21% | 114,670 | $2.5M | Add +5.6% |
| DKNG Draftkings Inc. Class A | 0.20% | 54,150 | $2.4M | Reduce -19.1% |
| MTZ Mastec Inc. | 0.20% | 13,507 | $2.3M | Reduce -21.2% |
| FSM Fortuna Mining Corp. | 0.20% | 350,622 | $2.3M | New |
| AVO Mission Produce Inc. | 0.19% | 190,522 | $2.2M | New |
| KWR Quaker Chemical Corporation | 0.19% | 19,762 | $2.2M | New |
| DRS Leonardo DRS Inc. | 0.19% | 45,474 | $2.2M | Reduce -13.5% |
| EXE Expand Energy Corp. | 0.18% | 17,228 | $2.0M | Reduce -14.4% |
| VXF Vanguard Extended Market ETF | 0.17% | 10,262 | $2.0M | Reduce -60.0% |
| CTRI Centuri Holdings Inc. | 0.17% | 89,811 | $2.0M | New |
| PNTG The Pennant Group Inc. | 0.17% | 66,241 | $2.0M | New |
| YORW York Water Co. filed as YORK WTR CO | 0.16% | 59,165 | $1.9M | Add +43.0% |
| PRO Pros Holdings Inc. | 0.16% | 116,565 | $1.8M | Add +23.4% |
| DOLE Dole PLC | 0.16% | 128,984 | $1.8M | New |
| PKE Park Aerospace Corp. | 0.15% | 118,834 | $1.8M | Reduce -0.6% |
| THS Treehouse Foods Inc. | 0.15% | 89,456 | $1.7M | New |
| FOUR SHIFT4 Payments Inc. Class A | 0.14% | 15,852 | $1.6M | Add +1.5% |
| RSKD Riskified Ltd. Class A | 0.14% | 319,016 | $1.6M | Add +46.5% |
| GILT Gilat Satellite Networks Ltd. | 0.14% | 220,854 | $1.6M | Reduce -49.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $274K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 290,000 | $274K | No change |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q1 2025 → Q2 2025
| EPR Epr Properties | Sold out | 0.00% | −1.50 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −1.40 |
| HLMN Hillman Solutions Corp. | Sold out | 0.00% | −1.35 |
| CENX Century Aluminum Company | Sold out | 0.00% | −0.94 |
| FWRD Forward Air Corp. | Reduce -97.8% | 0.02% | −0.90 |
| LBRT Liberty Energy Inc. | Sold out | 0.00% | −0.80 |
| CYH Community Health Systems Inc. | Sold out | 0.00% | −0.68 |
| BDN Brandywine Realty Trust | Reduce -28.9% | 0.71% | −0.46 |
| LAZ Lazard Inc. | Reduce -31.0% | 0.96% | −0.46 |
| KNF Knife River Corp. | Reduce -1.7% | 1.28% | −0.34 |
| PRSU Pursuit Attractions and Hosp | Reduce -0.5% | 0.84% | −0.33 |
| CRS Carpenter Technology | Reduce -40.1% | 1.34% | −0.31 |
| RIG Transocean Ltd. | Reduce -2.5% | 0.72% | −0.30 |
| TCBI Texas Capital Bancshares Inc. | Reduce -11.1% | 1.46% | −0.28 |
| VXF Vanguard Extended Market ETF | Reduce -60.0% | 0.17% | −0.26 |
| KD Kyndryl Holdings Inc. | Reduce -29.2% | 1.35% | −0.26 |
| SIMO Silicon Motion Technol-ADR | Reduce -90.3% | 0.04% | −0.25 |
| HCSG Healthcare Services Group | Sold out | 0.00% | −0.25 |
| CWCO Consolidated Water Co.-Ord SH | Sold out | 0.00% | −0.25 |
| FWRG First Watch Restaurant Group | Reduce -0.5% | 1.40% | −0.25 |
| ARCB Arcbest Corp. | Sold out | 0.00% | −0.21 |
| GTLS Chart Industries Inc. | Reduce -11.1% | 1.55% | −0.17 |
| BANC Banc of California Inc. | Reduce -1.7% | 1.09% | −0.17 |
| MAMA Mama's Creations Inc. | Reduce -83.2% | 0.04% | −0.17 |
| MNRO Monro Inc. | Sold out | 0.00% | −0.17 |
| BLKB Blackbaud Inc. | Reduce -5.1% | 1.05% | −0.15 |
| PRKS United Parks & Resorts Inc. | Reduce -2.4% | 1.25% | −0.14 |
| MIRM Mirum Pharmaceuticals Inc. | Reduce -8.4% | 1.51% | −0.13 |
| GILT Gilat Satellite Networks Ltd. | Reduce -49.1% | 0.14% | −0.13 |
| ATEC Alphatec Holdings Inc. | Reduce -4.3% | 1.66% | −0.13 |
| PENN Penn Entertainment Inc. | Reduce -8.1% | 1.04% | −0.12 |
| CCO Clear Channel Outdoor Holdin | Reduce -13.9% | 0.49% | −0.12 |
| GNRC Generac Holdings Inc. | Sold out | 0.00% | −0.11 |
| CHEF The Chefs' Warehouse Inc. | Reduce -10.8% | 1.37% | −0.11 |
| IWM iShares Russell 2000 ETF | Reduce -51.7% | 0.09% | −0.10 |
| OEC Orion SA | Reduce -17.4% | 0.13% | −0.09 |
| VECO Veeco Instruments Inc. | Sold out | 0.00% | −0.09 |
| PNFP Pinnacle Financial Partners | Reduce -3.3% | 0.70% | −0.08 |
| MRTN Marten Transport Ltd. | Reduce -30.4% | 0.11% | −0.08 |
| OMF Onemain Holdings Inc. | Reduce -8.7% | 1.12% | −0.06 |
| CBL CBL & Associates Properties | Sold out | 0.00% | −0.06 |
| LGND Ligand Pharmaceuticals | Reduce -0.4% | 1.19% | −0.05 |
| EYE National Vision Holdings Inc. | Sold out | 0.00% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.05 |
| AMG Affiliated Managers Group | Reduce -29.5% | 0.13% | −0.05 |
| DCO Ducommun Inc. | Reduce -64.9% | 0.04% | −0.05 |
| ROG Rogers Corp. | Sold out | 0.00% | −0.05 |
| EXE Expand Energy Corp. | Reduce -14.4% | 0.18% | −0.04 |
| APLD Applied Digital Corp. | Sold out | 0.00% | −0.04 |
| HTLD Heartland Express Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| CZR Caesars Entertainment Inc. | Add +1144.2% | 1.38% | +1.27 |
| ETOR Etoro Group Ltd. Class A | New | 1.06% | +1.06 |
| CAMT Camtek Ltd. | Add +111.5% | 1.57% | +0.99 |
| GRDN Guardian Phrmcy Services-A | New | 0.98% | +0.98 |
| CDE Coeur Mining Inc. | New | 0.98% | +0.98 |
| GXO Gxo Logistics Inc. | New | 0.95% | +0.95 |
| RSI Rush Street Interactive Inc. | Add +118.7% | 1.41% | +0.89 |
| HNI Hni Corp. | New | 0.77% | +0.77 |
| FUL H.B. Fuller Co. | New | 0.68% | +0.68 |
| AGYS Agilysys Inc. | Add +11.1% | 1.57% | +0.56 |
| LITE Lumentum Holdings Inc. | Add +2.4% | 1.99% | +0.55 |
| EXTR Extreme Networks Inc. | Add +17.6% | 1.74% | +0.51 |
| AMTM Amentum Holdings Inc. | Add +12.8% | 2.05% | +0.47 |
| RMBS Rambus Inc. | Add +16.0% | 1.59% | +0.34 |
| SMWB Similarweb Ltd. | New | 0.28% | +0.28 |
| EZPW Ezcorp Inc. Class A | Add +1599.6% | 0.26% | +0.24 |
| FSM Fortuna Mining Corp. | New | 0.20% | +0.20 |
| AVO Mission Produce Inc. | New | 0.19% | +0.19 |
| KWR Quaker Chemical Corporation | New | 0.19% | +0.19 |
| CTRI Centuri Holdings Inc. | New | 0.17% | +0.17 |
| PNTG The Pennant Group Inc. | New | 0.17% | +0.17 |
| DOLE Dole PLC | New | 0.16% | +0.16 |
| THS Treehouse Foods Inc. | New | 0.15% | +0.15 |
| CMC Commercial Metals Co. | Add +23.6% | 0.98% | +0.14 |
| ADUS Addus Homecare Corp. | New | 0.13% | +0.13 |
| CVGW Calavo Growers Inc. | Add +128.5% | 0.22% | +0.12 |
| RHP Ryman Hospitality Properties | Add +14.5% | 1.36% | +0.12 |
| CRC California Resources Corp. | Add +21.8% | 1.05% | +0.11 |
| LIND Lindblad Expeditions Holding | Add +0.9% | 0.96% | +0.11 |
| NOG Northern Oil and Gas Inc. | Add +31.0% | 1.27% | +0.10 |
| BAND Bandwidth Inc. Class A | New | 0.10% | +0.10 |
| GWRS Global Water Resources Inc. | Add +310.0% | 0.11% | +0.08 |
| TATT Tat Technologies Ltd. | New | 0.08% | +0.08 |
| MSEX Middlesex Water Co. | New | 0.08% | +0.08 |
| NWN Northwest Natural Holding Co. | Add +76.9% | 0.25% | +0.08 |
| AMWD American Woodmark Corp. | Add +171.4% | 0.13% | +0.07 |
| ASO Academy Sports & Outdoors Inc. | Add +21.6% | 1.03% | +0.06 |
| RDNT Radnet Inc. | Add +2.5% | 1.39% | +0.06 |
| RXO Rxo Inc. | Add +41.5% | 1.37% | +0.04 |
| RSKD Riskified Ltd. Class A | Add +46.5% | 0.14% | +0.04 |
| GOGO Gogo Inc. | New | 0.04% | +0.04 |
| CVLG Covenant Logistics Group Inc. | New | 0.04% | +0.04 |
| HQY Healthequity Inc. | Add +27.4% | 0.13% | +0.03 |
| GTN Gray Media Inc. | Add +11.7% | 0.89% | +0.03 |
| PWP Perella Weinberg Partners | Add +10.4% | 0.98% | +0.03 |
| FCF First Commonwealth Finl Corp. | New | 0.03% | +0.03 |
| WAY Waystar Holding Corp. | Add +4.6% | 1.76% | +0.03 |
| CLFD Clearfield Inc. | New | 0.03% | +0.03 |
| MSM MSC Industrial Direct Co. Class A | Add +25.2% | 0.13% | +0.02 |
| PTLO Portillo's Inc. Class A | Add +83.4% | 0.06% | +0.02 |
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 |