Pennant Select, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Pennant Select, LLC reported 12 stock positions worth $159.0 million. Its top holding was Echostar Class A (ECHO) at 34.3% of the portfolio, followed by Microsoft (MSFT, 10.6%) and Amazon.com (AMZN, 8.6%). Compared with Q2 2025, it reduced 6. The biggest sale was Microsoft (MSFT, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- Summit, NJ
- CIK
- 0002011563
- Portfolio Value
- $159.0M (Q3 2025)
- SEC Filing
- 0000919574-25-006861 ↗ filed Nov 14, 2025
Holdings Value
Holdings 12 stocks · $159.0M
| ECHO Echostar Corp. Class A | 34.34% | 715,000 | $54.6M | Reduce -25.9% |
| MSFT Microsoft Corp. | 10.62% | 32,600 | $16.9M | Reduce -13.8% |
| AMZN Amazon.com Inc. | 8.60% | 62,300 | $13.7M | Reduce -9.4% |
| PRM Perimeter Solutions Inc. | 8.03% | 570,038 | $12.8M | Reduce -24.4% |
| NPKI NPK International Inc. | 7.56% | 1,062,263 | $12.0M | Reduce -2.4% |
| ASML ASML Holding NV-NY Reg SHS | 7.31% | 12,000 | $11.6M | No change |
| TDG Transdigm Group Inc. | 5.14% | 6,200 | $8.2M | No change |
| EXE Expand Energy Corp. | 4.66% | 69,700 | $7.4M | No change |
| AR Antero Resources Corp. | 4.50% | 213,269 | $7.2M | No change |
| VRT Vertiv Holdings Co. Class A | 3.59% | 37,800 | $5.7M | Reduce -19.2% |
| GOOGL Alphabet Inc. Class A | 3.07% | 20,100 | $4.9M | No change |
| QXO Qxo Inc. | 2.58% | 215,000 | $4.1M | No change |
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -13.8% | 10.62% | −3.80 |
| AMZN Amazon.com Inc. | Reduce -9.4% | 8.60% | −2.97 |
| VRT Vertiv Holdings Co. Class A | Reduce -19.2% | 3.59% | −1.02 |
| PRM Perimeter Solutions Inc. | Reduce -24.4% | 8.03% | −0.02 |
| NPKI NPK International Inc. | Reduce -2.4% | 7.56% | +0.45 |
| ECHO Echostar Corp. Class A | Reduce -25.9% | 34.34% | +13.84 |
Portfolio Buys Q2 2025 → Q3 2025
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 15 | $225.1M | ECHO, AMZN, MSFT, ASML, VMI |
| Q1 2026 | 15 | $198.9M | ECHO, AMZN, MSFT, ASML, QXO |
| Q4 2025 | 13 | $189.0M | ECHO, MSFT, PRM, AMZN, VMI |
| Q3 2025 | 12 | $159.0M | ECHO, MSFT, AMZN, PRM, NPKI |
| Q2 2025 | 12 | $130.4M | ECHO, MSFT, AMZN, PRM, ASML |
| Q1 2025 | 11 | $128.5M | ECHO, AMZN, MSFT, ASML, EXE |
| Q4 2024 | 10 | $130.4M | ECHO, AMZN, AR, ASML, GOOGL |
| Q3 2024 | 10 | $141.9M | ECHO, AMZN, ASML, AR, TDG |
| Q2 2024 | 10 | $142.5M | ECHO, AMZN, AR, ASML, GOOGL |
| Q1 2024 | 10 | $132.9M | ECHO, AMZN, ASML, AR, MSFT |