In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Pennant Investors, LP reported 14 stock positions worth $336.0 million . Its top holding was Echostar Class A (ECHO) at 17.1% of the portfolio, followed by Perimeter Solutions (PRM, 10.8% ) and Micron Technology (MU, 10.5% ). Compared with Q2 2024, it opened 1 new position, sold out of 31, added to 6 and reduced 5. The biggest buy was Echostar Class A (ECHO, shares +8% ) and the biggest sale Micron Technology (MU, shares −21% ).
Location Summit, NJ
CIK 0001759176
Portfolio Value $336.0M (Q3 2024) Holdings 14 stocks · $336.0M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 ECHO Echostar Corp. Class A 2,320,837 $57.6M Add +7.8% PRM Perimeter Solutions SA 2,700,000 $36.3M Add +17.4% MU Micron Technology Inc. 340,432 $35.3M Reduce -21.0% AMZN Amazon.com Inc. 182,000 $33.9M Reduce -24.2% AR Antero Resources Corp. 1,126,000 $32.3M Add +34.7% TDG Transdigm Group Inc. 19,371 $27.6M Reduce -40.2% GOOGL Alphabet Inc. Class A 153,000 $25.4M Reduce -16.4% MSFT Microsoft Corp. 51,000 $21.9M Reduce -36.3% VRT Vertiv Holdings Co. Class A 160,000 $15.9M Add +39.1% GEV GE Vernova Inc. 60,000 $15.3M No change VMI Valmont Industries 40,000 $11.6M No change CORZ Core Scientific Inc. 794,813 $9.4M Add +59.0% IREN Iren Ltd. filed as IRIS ENERGY LTD 940,000 $7.9M Add +100.0% ASML ASML Holding NV-NY Reg SHS 6,500 $5.4M New
Options reported separately and not counted above: AR calls ($14.3M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $19K (not counted above) Security Class Shares / Principal Value Change GRABW Grab Holdings Ltd.-CW 26 *W EXP 99/99/999 80,000 $19K No change
Total filed on the 13F, all lines: $336.0M.
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ MU Micron Technology Inc. Reduce -21.0% 10.51% −4.97 ODP The Odp Corp. Sold out 0.00% −4.29 MSFT Microsoft Corp. Reduce -36.3% 6.53% −3.23 TDG Transdigm Group Inc. Reduce -40.2% 8.23% −3.06 AMZN Amazon.com Inc. Reduce -24.2% 10.09% −2.57 GOOGL Alphabet Inc. Class A Reduce -16.4% 7.55% −1.55 ARQT Arcutis Biotherapeutics Inc. Sold out 0.00% −0.43 NRIX Nurix Therapeutics Inc. Sold out 0.00% −0.32 NVAX Novavax Inc. Sold out 0.00% −0.21 ALT Altimmune Inc. Sold out 0.00% −0.20 FIBROGEN INC Sold out 0.00% −0.19 AGIO Agios Pharmaceuticals Inc. Sold out 0.00% −0.18 FATE Fate Therapeutics Inc. Sold out 0.00% −0.13 TVTX Travere Therapeutics Inc. Sold out 0.00% −0.13 ENTA Enanta Pharmaceuticals Inc. Sold out 0.00% −0.12 IGMS Igm Biosciences Inc. Sold out 0.00% −0.12 ERAS Erasca Inc. Sold out 0.00% −0.11 RCUS Arcus Biosciences Inc. Sold out 0.00% −0.10 ETNB 89BIO Inc. Sold out 0.00% −0.10 ZYME Zymeworks Inc. Sold out 0.00% −0.09 ARCT Arcturus Therapeutics Holdin Sold out 0.00% −0.09 ALLO Allogene Therapeutics Inc. Sold out 0.00% −0.08 CHRS Coherus Oncology Inc. Sold out 0.00% −0.08 RLAY Relay Therapeutics Inc. Sold out 0.00% −0.08 REPL Replimune Group Inc. Sold out 0.00% −0.07 QURE Uniqure NV Sold out 0.00% −0.06 MCRB Seres Therapeutics Inc. Sold out 0.00% −0.06 CMPX Compass Therapeutics Inc. Sold out 0.00% −0.05 SAGE Sage Therapeutics Inc. Sold out 0.00% −0.05 GETR Getaround Inc. Sold out 0.00% −0.05 ALLK Allakos LLC Sold out 0.00% −0.05 MGNX Macrogenics Inc. Sold out 0.00% −0.05 ALLOVIR INC Sold out 0.00% −0.04 ZNTL Zentalis Pharmaceuticals Inc. Sold out 0.00% −0.04 BTAIQ Bioxcel Therapeutics Inc. Sold out 0.00% −0.03 BLUEBIRD BIO INC Sold out 0.00% −0.02
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ ECHO Echostar Corp. Class A Add +7.8% 17.15% +6.68 PRM Perimeter Solutions SA Add +17.4% 10.81% +5.89 AR Antero Resources Corp. Add +34.7% 9.60% +2.15 VRT Vertiv Holdings Co. Class A Add +39.1% 4.74% +2.02 ASML ASML Holding NV-NY Reg SHS New 1.61% +1.61 CORZ Core Scientific Inc. Add +59.0% 2.81% +1.54 IREN Iren Ltd. Add +100.0% 2.36% +0.91
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 15 $334.9M SOLS, AMZN, MSFT, ECHO, PRM Q1 2026 16 $361.0M SOLS, ECHO, MSFT, VRT, AMZN Q4 2025 15 $410.6M ECHO, MSFT, SOLS, PRM, GOOGL Q3 2025 14 $371.7M ECHO, MSFT, CORZ, PRM, AMZN Q2 2025 15 $334.3M MSFT, ECHO, TDG, PRM, AR Q1 2025 15 $332.4M ECHO, AMZN, TDG, AR, MSFT Q4 2024 14 $336.7M ECHO, AMZN, AR, PRM, GOOGL Q3 2024 14 $336.0M ECHO, PRM, MU, AMZN, AR Q2 2024 44 $366.2M MU, AMZN, TDG, ECHO, MSFT Q1 2024 42 $361.7M AMZN, TDG, MSFT, MU, AR