Pennant Select, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Pennant Select, LLC reported 13 stock positions worth $189.0 million. Its top holding was Echostar Class A (ECHO) at 31.6% of the portfolio, followed by Microsoft (MSFT, 13.5%) and Perimeter Solutions (PRM, 8.3%). Compared with Q3 2025, it opened 1 new position, added to 1 and reduced 3. The biggest buy was a new position in Valmont Industries (VMI) and the biggest sale Echostar Class A (ECHO, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- Summit, NJ
- CIK
- 0002011563
- Portfolio Value
- $189.0M (Q4 2025)
- SEC Filing
- 0000919574-26-001201 ↗ filed Feb 17, 2026
Holdings Value
Holdings 13 stocks · $189.0M
| ECHO Echostar Corp. Class A | 31.64% | 550,000 | $59.8M | Reduce -23.1% |
| MSFT Microsoft Corp. | 13.46% | 52,600 | $25.4M | Add +61.4% |
| PRM Perimeter Solutions Inc. | 8.30% | 570,038 | $15.7M | No change |
| AMZN Amazon.com Inc. | 7.61% | 62,300 | $14.4M | No change |
| VMI Valmont Industries | 7.03% | 33,000 | $13.3M | New |
| ASML ASML Holding NV-NY Reg SHS | 6.79% | 12,000 | $12.8M | No change |
| NPKI NPK International Inc. | 6.40% | 1,014,221 | $12.1M | Reduce -4.5% |
| TDG Transdigm Group Inc. | 4.36% | 6,200 | $8.2M | No change |
| EXE Expand Energy Corp. | 4.07% | 69,700 | $7.7M | No change |
| AR Antero Resources Corp. | 3.89% | 213,269 | $7.3M | No change |
| GOOGL Alphabet Inc. Class A | 3.33% | 20,100 | $6.3M | No change |
| QXO Qxo Inc. | 2.19% | 215,000 | $4.1M | No change |
| VRT Vertiv Holdings Co. Class A | 0.93% | 10,800 | $1.7M | Reduce -71.4% |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
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 |