Penn Capital Management Company, LLC

CIK

1158202

Location

PHILADELPHIA, PA

Portfolio Value

Mid $1,281,382,230

Diversification

Diversified

Filing Date

Global Rank

#1,535 / 8,607 ▲ 68 · as of Mar 2026

Top Industry

Banks - Regional 10.0%

3Y Alpha vs SPY

-2.0%

Period ended 3 months ago

Filed May 7, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+67.6%

SPY

+75.9%

Annualised alpha

-1.9%

Max drawdown

−26.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

170 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

1.9%

+0.0 pts

Top 5

9.0%

+0.2 pts

Top 10

17.2%

+0.4 pts

HHI

119

Diversified+2

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	15.7%	$201,055,963	35
Healthcare	14.1%	$180,850,095	19
Consumer Cyclical	13.8%	$177,357,588	17
Financial Services	13.3%	$170,590,159	24
Energy	11.2%	$143,718,488	13
Technology	10.4%	$132,803,891	23
Basic Materials	7.1%	$91,391,360	15
Communication Services	7.0%	$89,073,862	7
Real Estate	3.5%	$45,052,713	6
Consumer Defensive	2.2%	$27,573,646	4
Utilities	1.7%	$21,914,465	7

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SSP	E.W. SCRIPPS Co	+1,075,736	4,358,265	$16,212,745
HLF	Herbalife Ltd.	+652,806	687,660	$10,122,355
CPRI	Capri Holdings Ltd	+482,173	887,719	$15,641,608
CSTM	Constellium SE	+479,740	844,934	$20,768,477
GTN	Gray Media, Inc	+468,355	3,616,210	$15,694,351
RXO	RXO, Inc.	+387,432	1,347,550	$19,701,181
LUMN	Lumen Technologies, Inc.	+331,300	2,707,654	$18,818,195
ATEC	Alphatec Holdings, Inc.	+323,852	1,396,942	$15,198,728
WTTR	Select Water Solutions, Inc.	+307,762	1,458,893	$22,321,062
BANC	Banc Of California, Inc.	+224,946	1,213,010	$21,324,715
PENN	PENN Entertainment, Inc.	+223,758	1,116,813	$16,785,699
OUST	Ouster, Inc.	+194,308	969,605	$17,811,643
AMRX	Amneal Pharmaceuticals, Inc.	+194,122	1,196,073	$14,867,187
OEC	Orion S.A.	+145,847	204,632	$1,330,108
GTES	Gates Industrial Corp plc	+145,076	799,267	$18,071,426
CZR	Caesars Entertainment, Inc.	+135,698	895,540	$23,669,122
CALX	Calix, Inc	+125,477	378,564	$18,545,850
NMRK	Newmark Group, Inc.	+80,206	1,154,425	$17,304,830
RAIL	FreightCar America, Inc.	+78,206	144,516	$1,151,792
EZPW	Ezcorp Inc	+76,379	572,341	$14,526,014
NOG	Northern Oil & Gas, Inc.	+65,727	560,570	$16,385,461
BHR	Braemar Hotels & Resorts Inc.	+59,879	252,026	$594,781
AGYS	Agilysys Inc	+55,385	194,409	$13,830,256
LTH	Life Time Group Holdings, Inc.	+45,440	560,011	$15,086,696
FBK	FB Financial Corp	+45,342	319,597	$16,599,868
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SMWB	Similarweb Ltd.	−1,228,314	360,366	$940,555
REAL	TheRealReal, Inc.	−1,130,234	206,440	$1,874,475
RIG	Transocean Ltd.	−602,826	3,152,566	$20,901,512
DDD	3D Systems Corp	−423,084	869,295	$1,634,274
CC	Chemours Co	−405,454	981,365	$21,619,470
AAOI	Applied Optoelectronics, Inc.	−269,579	176,453	$14,926,159
ASTE	Astec Industries Inc	−195,660	8,875	$477,830
UNIT	Uniti Group Inc.	−127,934	1,140,776	$10,700,478
LIND	Lindblad Expeditions Holdings, Inc.	−110,606	837,284	$14,485,013
BYRN	Byrna Technologies Inc.	−105,643	60,238	$552,984
MRCY	Mercury Systems Inc	−64,094	127,789	$9,317,095
TATT	Tat Technologies Ltd	−62,977	290,600	$11,807,078
PKE	Park Aerospace Corp	−51,492	121,659	$3,331,023
AMTM	Amentum Holdings, Inc.	−49,585	694,352	$18,108,700
CAMT	Camtek Ltd	−49,186	75,301	$11,416,384
WFRD	Weatherford International plc	−49,037	238,028	$22,512,688
ASPI	ASP Isotopes Inc.	−48,094	78,822	$348,393
ACMR	ACM Research, Inc.	−38,077	397,766	$15,652,092
MOD	Modine Manufacturing Co	−35,639	74,554	$16,156,597
CRC	California Resources Corp	−34,386	228,290	$15,802,233
NESR	National Energy Services Reunited Corp.	−28,993	72,329	$1,552,903
MEI	Methode Electronics Inc	−28,293	267,974	$1,479,216
SOC	Sable Offshore Corp.	−26,682	30,178	$498,540
MIRM	Mirum Pharmaceuticals, Inc.	−25,151	256,767	$23,720,135
GXO	GXO Logistics, Inc.	−17,751	291,676	$15,123,400
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
LGN	Legence Corp.	356,315	$20,117,544
SSRM	Ssr Mining Inc.	616,613	$18,128,422
CE	Celanese Corp	270,998	$17,823,538
KNSA	Kiniksa Pharmaceuticals International, plc	301,993	$14,540,962
WERN	Werner Enterprises Inc	443,452	$13,041,923
HWC	Hancock Whitney Corp	188,425	$11,981,945
BLLN	BillionToOne, Inc.	126,335	$9,972,884
ARQT	Arcutis Biotherapeutics, Inc.	333,130	$7,848,542
TEX	Terex Corp	112,291	$6,636,398
ASH	Ashland Inc.	47,565	$2,645,089
IOSP	Innospec Inc.	33,286	$2,430,543
SCL	Stepan Co	39,656	$1,982,006
APA	APA Corp	43,007	$1,825,217
CWH	Camping World Holdings, Inc.	266,256	$1,818,528
RLJ	RLJ Lodging Trust	214,993	$1,595,248
INN	Summit Hotel Properties, Inc.	311,206	$1,375,530
INVX	Innovex International, Inc.	54,453	$1,328,108
DSGR	Distribution Solutions Group, Inc.	43,431	$1,139,629
PNFP	Pinnacle Financial Partners, Inc.	12,415	$1,069,428
HLIT	Harmonic Inc.	116,424	$1,045,487
TTI	Tetra Technologies Inc	111,367	$948,846
CRNT	Ceragon Networks Ltd	398,121	$859,941
MNRO	Monro, Inc.	47,431	$760,793
LSTR	Landstar System Inc	4,656	$746,403
INR	Infinity Natural Resources, Inc.	35,911	$632,392
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
EGO	Eldorado Gold Corp /Fi	508,439	$18,263,128
EXTR	Extreme Networks Inc	981,278	$16,338,278
KNF	Knife River Corp	211,725	$14,894,853
GENI	Genius Sports Ltd	1,239,059	$13,654,430
TBBK	Bancorp, Inc.	190,838	$12,885,381
NATL	NCR Atleos Corp	321,200	$12,240,932
MGNI	Magnite, Inc.	694,766	$11,276,052
WAY	Waystar Holding Corp.	272,798	$8,934,134
FUL	Fuller H B Co	125,083	$7,437,435
GCMG	GCM Grosvenor Inc.	449,973	$5,093,694
CVGW	Calavo Growers Inc	126,973	$2,761,662
CNMD	CONMED Corp	51,493	$2,090,615
SEM	Select Medical Holdings Corp	128,907	$1,914,268
EXE	EXPAND ENERGY Corp	16,369	$1,806,482
UCTT	Ultra Clean Holdings, Inc.	69,813	$1,768,363
TDUP	ThredUp Inc.	245,298	$1,567,454
HQY	Healthequity, Inc.	15,944	$1,460,629
NCLH	Norwegian Cruise Line Holdings Ltd.	51,749	$1,155,037
ELWT	Elauwit Connection, Inc.	202,135	$1,024,824
DEC	Diversified Energy Co	52,282	$757,043
AQST	Aquestive Therapeutics, Inc.	115,936	$748,946
CCO	Clear Channel Outdoor Holdings, Inc.	282,225	$623,717
RSKD	Riskified Ltd.	105,128	$522,486
AMPL	Amplitude, Inc.	43,941	$508,836
CIVB	Civista Bancshares, Inc.	18,871	$419,313
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

170 positions · $1,281,382,230 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 170 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MIRM	Mirum Pharmaceuticals, Inc. Healthcare	Reduced	256,767	-25,151	$23,720,135	+6.5%	1.85%
CZR	Caesars Entertainment, Inc. Consumer Cyclical	Added	895,540	+135,698	$23,669,122	+33.2%	1.85%
GPOR	Gulfport Energy Corp Energy	Added	111,408	+14,610	$23,570,590	+17.1%	1.84%
WFRD	Weatherford International plc Energy	Reduced	238,028	-49,037	$22,512,688	+0.2%	1.76%
WTTR	Select Water Solutions, Inc. Energy	Added	1,458,893	+307,762	$22,321,062	+84.3%	1.74%
CC	Chemours Co Basic Materials	Reduced	981,365	-405,454	$21,619,470	+32.2%	1.69%
BANC	Banc Of California, Inc. Financial Services	Added	1,213,010	+224,946	$21,324,715	+11.9%	1.66%
RIG	Transocean Ltd. Energy	Reduced	3,152,566	-602,826	$20,901,512	+34.8%	1.63%
CSTM	Constellium SE Basic Materials	Added	844,934	+479,740	$20,768,477	+201.7%	1.62%
DCOM	Dime Commercial Bancshares, Inc. /NY/ Financial Services	Added	609,488	+37,863	$20,612,884	+19.8%	1.61%
ABCB	Ameris Bancorp Financial Services	Reduced	263,029	-7,892	$20,513,631	+1.9%	1.60%
LGN	Legence Corp. Industrials	NEW	356,315	NEW	$20,117,544	NEW	1.57%
RXO	RXO, Inc. Industrials	Added	1,347,550	+387,432	$19,701,181	+62.3%	1.54%
LGND	Ligand Pharmaceuticals Inc Healthcare	Reduced	95,456	-3,392	$19,057,790	+2.0%	1.49%
LUMN	Lumen Technologies, Inc. Communication Services	Added	2,707,654	+331,300	$18,818,195	+1.9%	1.47%
CALX	Calix, Inc Technology	Added	378,564	+125,477	$18,545,850	+38.4%	1.45%
SSRM	Ssr Mining Inc. Basic Materials	NEW	616,613	NEW	$18,128,422	NEW	1.41%
AMTM	Amentum Holdings, Inc. Industrials	Reduced	694,352	-49,585	$18,108,700	−16.1%	1.41%
GTES	Gates Industrial Corp plc Industrials	Added	799,267	+145,076	$18,071,426	+28.7%	1.41%
TGTX	Tg Therapeutics, Inc. Healthcare	Added	541,960	+3,843	$18,003,911	+12.2%	1.41%
CE	Celanese Corp Basic Materials	NEW	270,998	NEW	$17,823,538	NEW	1.39%
OUST	Ouster, Inc. Technology	Added	969,605	+194,308	$17,811,643	+6.2%	1.39%
NMRK	Newmark Group, Inc. Real Estate	Added	1,154,425	+80,206	$17,304,830	−7.1%	1.35%
PENN	PENN Entertainment, Inc. Consumer Cyclical	Added	1,116,813	+223,758	$16,785,699	+27.4%	1.31%
FBK	FB Financial Corp Financial Services	Added	319,597	+45,342	$16,599,868	+8.5%	1.30%
NOG	Northern Oil & Gas, Inc. Energy	Added	560,570	+65,727	$16,385,461	+54.2%	1.28%
NXST	Nexstar Media Group, Inc. Communication Services	Reduced	90,017	-13,651	$16,277,774	−22.7%	1.27%
SSP	E.W. SCRIPPS Co Communication Services	Added	4,358,265	+1,075,736	$16,212,745	+23.8%	1.27%
RSI	Rush Street Interactive, Inc. Consumer Cyclical	Added	742,931	+4,711	$16,158,749	+12.7%	1.26%
MOD	Modine Manufacturing Co Consumer Cyclical	Reduced	74,554	-35,639	$16,156,597	+9.8%	1.26%
CHEF	Chefs' Warehouse, Inc. Consumer Defensive	Added	269,219	+4,605	$16,005,069	−3.0%	1.25%
SEI	Solaris Energy Infrastructure, Inc. Energy	Reduced	280,682	-7,661	$15,861,339	+19.7%	1.24%
TCBI	Texas Capital Bancshares Inc/Tx Financial Services	Reduced	166,798	-15,257	$15,825,794	−4.0%	1.24%
CRC	California Resources Corp Energy	Reduced	228,290	-34,386	$15,802,233	+34.6%	1.23%
GTN	Gray Media, Inc Communication Services	Added	3,616,210	+468,355	$15,694,351	+3.0%	1.22%
ACMR	ACM Research, Inc. Technology	Reduced	397,766	-38,077	$15,652,092	−9.0%	1.22%
CPRI	Capri Holdings Ltd Consumer Cyclical	Added	887,719	+482,173	$15,641,608	+58.1%	1.22%
RDNT	RadNet, Inc. Healthcare	Added	276,781	+2,414	$15,469,290	−21.0%	1.21%
ATEC	Alphatec Holdings, Inc. Healthcare	Added	1,396,942	+323,852	$15,198,728	−32.7%	1.19%
GXO	GXO Logistics, Inc. Industrials	Reduced	291,676	-17,751	$15,123,400	−7.2%	1.18%
DY	Dycom Industries Inc Industrials	Reduced	44,545	-7,976	$15,092,736	−15.0%	1.18%
LTH	Life Time Group Holdings, Inc. Consumer Cyclical	Added	560,011	+45,440	$15,086,696	+10.3%	1.18%
BPOP	Popular, Inc. Financial Services	Reduced	112,204	-14,998	$15,054,410	−5.0%	1.17%
AAOI	Applied Optoelectronics, Inc. Technology	Reduced	176,453	-269,579	$14,926,159	−4.0%	1.16%
AMRX	Amneal Pharmaceuticals, Inc. Healthcare	Added	1,196,073	+194,122	$14,867,187	+17.8%	1.16%
PRKS	United Parks & Resorts Inc. Consumer Cyclical	Added	452,966	+38,842	$14,793,869	−1.6%	1.15%
KNSA	Kiniksa Pharmaceuticals International, plc Healthcare	NEW	301,993	NEW	$14,540,962	NEW	1.13%
EZPW	Ezcorp Inc Financial Services	Added	572,341	+76,379	$14,526,014	+50.8%	1.13%
LIND	Lindblad Expeditions Holdings, Inc. Consumer Cyclical	Reduced	837,284	-110,606	$14,485,013	+6.0%	1.13%
HROW	Harrow, Inc. Healthcare	Added	407,896	+15,829	$14,382,412	−25.1%	1.12%