SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Penn Capital Management Company, LLC

CIK 0001158202 · 1200 INTREPID AVENUE, SUITE 400, PHILADELPHIA, PA, 19112 · 2153021500

Reported Value
$929M
Q2 2022
Positions
185
Filings on Record
35
2019–present window
Filed
Aug 15, 2022
original filing

Summary

Penn Capital Management Company, LLC reported $929M in U.S.-listed holdings across 185 positions for Q2 2022.

Its largest position, Weatherford Intl, represents 1.9% of the portfolio.

Compared with Q1 2022, the fund opened 39 new positions and exited 44.

Portfolio Metrics

Turnover
+20.3%
vs prior filed quarter
Top-10 Concentration
+16.9%
share of reported value
Largest Position
+1.9%
Weatherford Intl
New / Exited
39 / 44
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.0BQ4 ’18Q1 ’19: $1.0BQ2 ’19: $1.0BQ3 ’19: $959MQ4 ’19: $952MQ4 ’19Q1 ’20: $606MQ2 ’20: $768MQ3 ’20: $791MQ4 ’20: $791MQ4 ’20Q1 ’21: $960MQ2 ’21: $1.0BQ3 ’21: $991MQ4 ’21: $997MQ4 ’21Q1 ’22: $974MQ2 ’22: $929MQ3 ’22: $157MQ4 ’22: $979MQ4 ’22Q1 ’23: $996MQ2 ’23: $1.0BQ3 ’23: $976MQ4 ’23: $1.1BQ4 ’23Q1 ’24: $1.1BQ2 ’24: $1.1BQ3 ’24: $1.1BQ4 ’24: $1.0BQ4 ’24Q1 ’25: $1.0BQ2 ’25: $1.2BQ3 ’25: $1.3BQ4 ’25: $1.3BQ4 ’25Q1 ’26: $1.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 86.5%Other: 5.7%REIT: 4.6%ADR: 1.8%US DOMESTIC: 0.7%Other: 0.7%
  • Common Stock · 86.5% · $803M
  • Other · 5.7% · $53M
  • REIT · 4.6% · $43M
  • ADR · 1.8% · $16M
  • US DOMESTIC · 0.7% · $7M
  • Other · 0.7% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
R1 RCM INCNEW+558.6K558.6K+$12M$12M
TALOTALOS ENERGY INCNEW+614.8K614.8K+$10M$10M
PENNPENN NATL GAMING INCNEW+262.1K262.1K+$8M$8M
MSEXMIDDLESEX WTR CONEW+46.5K46.5K+$4M$4M
AYS1SANDSTORM GOLD LTDNEW+580.4K580.4K+$3M$3M
EASTERLY GOVT PPTYS INCNEW+165.7K165.7K+$3M$3M
PSTLEURPOSTAL REALTY TRUST INCNEW+206.4K206.4K+$3M$3M
VICIVICI PPTYS INCNEW+95.4K95.4K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WEATHERFORD INTL PLCORD SHS1.86%$17M804.5K
2NXSTNEXSTAR MEDIA GROUP INChistory →CL A1.77%$16M100.9K
3GTLSCHART INDS INChistory →COM1.75%$16M97.0K
4GJBSTEELCASE INChistory →CL A1.71%$16M1.48M
5SIMOSILICON MOTION TECHNOLOGY COhistory →SPONSORED ADR1.70%$16M188.9K
6GDENGOLDEN ENTMT INChistory →COM1.66%$15M390.1K
7PTENPATTERSON-UTI ENERGY INChistory →COM1.66%$15M977.3K
8HEESEURH & E EQUIPMENT SERVICES INChistory →COM1.61%$15M515.8K
9GTNGRAY TELEVISION INChistory →COM1.58%$15M869.9K
10PLNTPLANET FITNESS INChistory →CL A1.55%$14M212.3K
11KLICKULICKE & SOFFA INDS INChistory →COM1.55%$14M335.2K
12PFGCPERFORMANCE FOOD GROUP COhistory →COM1.52%$14M306.1K
13SSBUSDSOUTHSTATE CORPORATIONhistory →COM1.50%$14M180.1K
14DNOWNOW INChistory →COM1.49%$14M1.42M
15S9QSPIRIT AEROSYSTEMS HLDGS INChistory →COM CL A1.48%$14M468.9K
16DCHAMERICAN AXLE & MFG HLDGS INhistory →COM1.45%$13M1.79M
17FBPFIRST BANCORP P Rhistory →COM NEW1.43%$13M1.03M
18ESTEEUREARTHSTONE ENERGY INChistory →CL A1.43%$13M969.9K
19HALOHALOZYME THERAPEUTICS INChistory →COM1.42%$13M299.8K
20LNTHLANTHEUS HLDGS INChistory →COM1.40%$13M196.9K
21FBKFB FINL CORPhistory →COM1.35%$13M319.4K
22RHPRYMAN HOSPITALITY PPTYS INChistory →COM1.29%$12M157.1K
23CNMDCONMED CORPhistory →COM1.28%$12M124.5K
24R1 RCM INCCOM1.26%$12M558.6K
25PPURE STORAGE INChistory →CL A1.26%$12M453.3K
26AORTARTIVION INChistory →COM1.24%$12M610.5K
27KEXKIRBY CORPhistory →COM1.24%$12M189.1K
28ACHCACADIA HEALTHCARE COMPANY INhistory →COM1.24%$11M170.0K
29PINNACLE FINL PARTNERS INCCOM1.23%$11M158.0K
30LTHM1EURLIVENT CORPhistory →COM1.23%$11M502.0K
31CRCCALIFORNIA RES CORPhistory →COM STOCK1.22%$11M293.2K
32OPCHOPTION CARE HEALTH INChistory →COM NEW1.21%$11M403.3K
33RMBS*RAMBUS INC DELhistory →COM1.19%$11M514.0K
34KALUKAISER ALUMINUM CORPhistory →COM PAR $0.011.19%$11M139.2K
35PRKSSEAWORLD ENTMT INChistory →COM1.18%$11M248.9K
36SSPSCRIPPS E W CO OHIOhistory →CL A NEW1.17%$11M867.9K
37RPDRAPID7 INChistory →COM1.16%$11M161.2K
38ATECALPHATEC HLDGS INChistory →COM NEW1.15%$11M1.63M
39NOGNORTHERN OIL AND GAS INC MNhistory →COM1.15%$11M421.7K
40ABCBAMERIS BANCORPhistory →COM1.11%$10M255.8K
41PRSUVIAD CORPhistory →COM1.09%$10M366.1K
42AVNTAVIENT CORPORATIONhistory →COM1.07%$10M247.0K
43FIVEFIVE BELOW INChistory →COM1.06%$10M86.7K
44SBG1SEACOAST BKG CORP FLAhistory →COM NEW1.06%$10M296.6K
45TG7TRIUMPH GROUP INC NEWhistory →COM1.04%$10M725.7K
46CRSCARPENTER TECHNOLOGY CORPhistory →COM1.03%$10M342.9K
47TALOTALOS ENERGY INChistory →COM1.02%$10M614.8K
48MODVQMODIVCARE INChistory →COM1.01%$9M111.4K
49OI*O-I GLASS INChistory →COM1.00%$9M663.7K
50SABRSABRE CORPCOM0.98%$9M1.57M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B172May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.3B165Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.3B170Nov 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.2B157Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.0B161May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.0B143Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B146Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.1B144Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.1B144May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.1B145Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$976M150Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.0B145Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$996M154May 16, 2023RESTATEMENTchanges · EDGAR ↗
Q4 2022$979M167Feb 14, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$157M122Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$929M185Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$974M190May 17, 202213F-HRchanges · EDGAR ↗
Q4 2021$997M201Feb 17, 202213F-HRchanges · EDGAR ↗
Q3 2021$991M192Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.0B207Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$960M204May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$791M197Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$791M184Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$768M194Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$606M187May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$952M215Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$959M215Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.0B220Aug 23, 2019RESTATEMENTchanges · EDGAR ↗
Q1 2019$1.0B219May 7, 2019RESTATEMENTchanges · EDGAR ↗
Q4 2018$1.0B257Feb 19, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.