Penn Capital Management Company, LLC — 13F Holdings & Portfolio
CIK 1158202 · latest 13F-HR filed 2026-05-07
Penn Capital Management Company, LLC manages $1.29B in 13F-reported U.S. long-equity assets across 172 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are MIRM (1.84%), CZR (1.84%), GPOR (1.83%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 38 new positions, exited 31, added to 60, and trimmed 46.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.29B
Long-equity book
172
Distinct positions
2026-03-31
Filed 2026-05-07
+38 / −31 / ↑60 / ↓46
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CONSTELLIUM SE$13.9M +201.7%
- SELECT WATER SOLUTIONS INC$10.2M +84.5%
- HERBALIFE LTD$9.7M +2155.4%
- RXO INC$7.6M +62.3%
- CAESARS ENTERTAINMENT INC NE$5.9M +33.2%
Top Trims
- THE REALREAL INC-$19.2M -91.1%
- SIMILARWEB LTD-$11.0M -92.1%
- ASTEC INDS INC-$8.4M -94.6%
- ALPHATEC HLDGS INC-$7.4M -32.7%
- FIRST WATCH RESTAURANT GROUP-$5.1M -29.9%
New Positions
- LEGENCE CORP$20.2M
- SSR MINING IN$18.2M
- CELANESE CORP DEL$17.9M
- KINIKSA PHARMACEUTICALS INTL$14.6M
- WERNER ENTERPRISES INC$13.1M
Exited Positions
- ELDORADO GOLD CORP NEW$18.3M
- EXTREME NETWORKS$16.4M
- KNIFE RIVER CORP$14.9M
- GENIUS SPORTS LIMITED$13.7M
- BANCORP INC DEL$12.9M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | MIRUM PHARMACEUTICALS INC | MIRM | 604749101 | $23.8M | 1.84% | 256,767 | SH |
| 2 | CAESARS ENTERTAINMENT INC NE | CZR | 12769G100 | $23.7M | 1.84% | 895,540 | SH |
| 3 | GULFPORT ENERGY CORP | GPOR | 402635502 | $23.6M | 1.83% | 111,408 | SH |
| 4 | WEATHERFORD INTL PLC | WFRD | G48833118 | $22.6M | 1.75% | 238,028 | SH |
| 5 | SELECT WATER SOLUTIONS INC | WTTR | 81617J301 | $22.4M | 1.73% | 1,458,893 | SH |
| 6 | CHEMOURS CO | CC | 163851108 | $21.7M | 1.68% | 981,365 | SH |
| 7 | BANC OF CALIFORNIA INC | BANC | 05990K106 | $21.4M | 1.66% | 1,213,010 | SH |
| 8 | TRANSOCEAN LTD | RIG | H8817H100 | $21.0M | 1.62% | 3,152,566 | SH |
| 9 | CONSTELLIUM SE | CSTM | F21107101 | $20.8M | 1.61% | 844,934 | SH |
| 10 | DIME CMNTY BANCSHARES INC | DCOM | 25432X102 | $20.7M | 1.60% | 609,488 | SH |
| 11 | AMERIS BANCORP | ABCB | 03076K108 | $20.6M | 1.59% | 263,029 | SH |
| 12 | LEGENCE CORP | LGN | 52476L109 | $20.2M | 1.56% | 356,315 | SH |
| 13 | RXO INC | RXO | 74982T103 | $19.7M | 1.53% | 1,347,550 | SH |
| 14 | LIGAND PHARMACEUTICALS INC | LGND | 53220K504 | $19.1M | 1.48% | 95,456 | SH |
| 15 | LUMEN TECHNOLOGIES INC | LUMN | 550241103 | $18.9M | 1.46% | 2,707,654 | SH |
| 16 | CALIX INC | CALX | 13100M509 | $18.6M | 1.44% | 378,564 | SH |
| 17 | SSR MINING IN | SSRM | 784730103 | $18.2M | 1.41% | 616,613 | SH |
| 18 | AMENTUM HOLDINGS INC | AMTM | 023939101 | $18.2M | 1.41% | 694,352 | SH |
| 19 | GATES INDL CORP PLC | GTES | G39108108 | $18.1M | 1.40% | 799,267 | SH |
| 20 | TG THERAPEUTICS INC | TGTX | 88322Q108 | $18.0M | 1.40% | 541,960 | SH |
| 21 | CELANESE CORP DEL | CE | 150870103 | $17.9M | 1.38% | 270,998 | SH |
| 22 | OUSTER INC | OUST | 68989M202 | $17.9M | 1.38% | 969,605 | SH |
| 23 | NEWMARK GROUP INC | NMRK | 65158N102 | $17.3M | 1.34% | 1,154,425 | SH |
| 24 | PENN ENTERTAINMENT INC | PENN | 707569109 | $16.8M | 1.30% | 1,116,813 | SH |
| 25 | FB FINL CORP | FBK | 30257X104 | $16.6M | 1.29% | 319,597 | SH |
| 26 | NORTHERN OIL & GAS INC | NOG | 665531307 | $16.4M | 1.27% | 560,570 | SH |
| 27 | NEXSTAR MEDIA GROUP INC | NXST | 65336K103 | $16.3M | 1.26% | 90,017 | SH |
| 28 | SCRIPPS E W CO OHIO | SSP | 811054402 | $16.2M | 1.26% | 4,358,265 | SH |
| 29 | MODINE MFG CO | MOD | 607828100 | $16.2M | 1.26% | 74,554 | SH |
| 30 | RUSH STREET INTERACTIVE INC | RSI | 782011100 | $16.2M | 1.25% | 742,931 | SH |
| 31 | CHEFS WHSE INC | CHEF | 163086101 | $16.0M | 1.24% | 269,219 | SH |
| 32 | SOLARIS ENERGY INFRAS INC | SEI | 83418M103 | $15.9M | 1.23% | 280,682 | SH |
| 33 | TEXAS CAP BANCSHARES INC | TCBI | 88224Q107 | $15.8M | 1.23% | 166,798 | SH |
| 34 | CALIFORNIA RES CORP | CRC | 13057Q305 | $15.8M | 1.23% | 228,290 | SH |
| 35 | GRAY MEDIA INC | GTN | 389375106 | $15.7M | 1.22% | 3,616,210 | SH |
| 36 | ACM RESH INC | ACMR | 00108J109 | $15.7M | 1.22% | 397,766 | SH |
| 37 | CAPRI HOLDINGS LIMITED | CPRI | G1890L107 | $15.7M | 1.21% | 887,719 | SH |
| 38 | RADNET INC | RDNT | 750491102 | $15.5M | 1.20% | 276,781 | SH |
| 39 | ALPHATEC HLDGS INC | ATEC | 02081G201 | $15.2M | 1.18% | 1,396,942 | SH |
| 40 | GXO LOGISTICS INCORPORATED | GXO | 36262G101 | $15.2M | 1.17% | 291,676 | SH |
| 41 | LIFE TIME GROUP HOLDINGS INC | LTH | 53190C102 | $15.1M | 1.17% | 560,011 | SH |
| 42 | DYCOM INDS INC | DY | 267475101 | $15.1M | 1.17% | 44,545 | SH |
| 43 | POPULAR INC | BPOP | 733174700 | $15.1M | 1.17% | 112,204 | SH |
| 44 | APPLIED OPTOELECTRONICS INC | AAOI | 03823U102 | $14.9M | 1.16% | 176,453 | SH |
| 45 | AMNEAL PHARMACEUTICALS INC | AMRX | 03168L105 | $14.9M | 1.15% | 1,196,073 | SH |
| 46 | UNITED PARKS & RESORTS INC | PRKS | 81282V100 | $14.8M | 1.15% | 452,966 | SH |
| 47 | KINIKSA PHARMACEUTICALS INTL | KNSA | G52694109 | $14.6M | 1.13% | 301,993 | SH |
| 48 | EZCORP INC | EZPW | 302301106 | $14.5M | 1.13% | 572,341 | SH |
| 49 | LINDBLAD EXPEDITIONS HLDGS I | LIND | 535219109 | $14.5M | 1.12% | 837,284 | SH |
| 50 | HARROW INC | HROW | 415858109 | $14.4M | 1.12% | 407,896 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-07 | $1.29B | 172 | 0001420506-26-000814 |
| 2025-12-31 | 2026-02-09 | $1.25B | 165 | 0001420506-26-000232 |