Penn Capital Management Company, LLC

13F filer, CIK 1158202, PHILADELPHIA, PA

Penn Capital Management Company, LLC reported $1,089,336,193 across 146 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 18.32% of the portfolio.

Filed 2024-11-14 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001420506-24-002569

Period: 2024-09-30
Reported value: $1.09B
Holdings: 146
Top 10 weight: 18.32%
New: 22
Sold out: 20

Largest buys vs the previous quarter

Security	Shares change	Approx. value
EPRnew	+284,785	$14M
CYHnew	+2,088,882	$12.7M
FORWARD AIR CORPnew	+323,093	$11.5M
LGNDnew	+100,218	$10M
VRRMnew	+337,751	$9.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
KLICexited	-267,846	-$13.2M
TMHCexited	-223,646	-$12.4M
SIMOexited	-152,821	-$12.4M
CROXexited	-78,821	-$11.5M
INFINERA CORPexited	-1,730,817	-$10.6M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001420506-24-002569, largest first. % of portfolio is the value over $1,089,336,193, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
NCLHNORWEGIAN CRUISE LINE HLDGS	1,113,534	$22.9M	2.1%	+84,836	Timeline
CRSCARPENTER TECHNOLOGY CORP	134,520	$21.5M	1.98%	-64,762	Timeline
BPOPPOPULAR INC	208,232	$20.9M	1.92%	+12,465	Timeline
ABCBAMERIS BANCORP	325,330	$20.3M	1.87%	+65,135	Timeline
NMRKNEWMARK GROUP INC	1,245,091	$19.4M	1.78%	-373,596	Timeline
MTZMASTEC INC	154,949	$19.1M	1.76%	-9,656	Timeline
TCBITEXAS CAP BANCSHARES INC	265,988	$19.1M	1.75%	+58,153	Timeline
PNFPPINNACLE FINANCIAL PARTNERS	193,506	$19M	1.75%	+3,091	Timeline
LAZLAZARD INC	369,602	$18.7M	1.71%	-20,303	Timeline
RXORXO INC	662,236	$18.6M	1.71%	+33,502	Timeline
WFRDWEATHERFORD INTL PLC	211,146	$18M	1.65%	+248	Timeline
KNFKNIFE RIVER CORP	198,899	$17.8M	1.64%	-1,149	Timeline
BGCBGC GROUP INC	1,936,397	$17.8M	1.64%	+87,955	Timeline
GDENGOLDEN ENTMT INC	554,076	$17.7M	1.62%	-7,535	Timeline
WAYWAYSTAR HLDG CORP	629,963	$17.6M	1.62%	+267,250	Timeline
QTWOQ2 HLDGS INC	219,454	$17.6M	1.61%	-1,400	Timeline
FOURSHIFT4 PMTS INC	193,624	$17.2M	1.58%	-23,966	Timeline
PRKSUNITED PARKS & RESORTS INC	334,433	$17M	1.56%	+14,090	Timeline
CHEFCHEFS WHSE INC	390,654	$16.5M	1.51%	+39,858	Timeline
SMTCSEMTECH CORP	350,763	$16.1M	1.47%	-16,697	Timeline
AMGAFFILIATED MANAGERS GROUP	90,046	$16.1M	1.47%	+4,871	Timeline
HLMNHILLMAN SOLUTIONS CORP	1,479,316	$15.7M	1.44%	-128,570	Timeline
NXSTNEXSTAR MEDIA GROUP INC	92,337	$15.3M	1.41%	+2,154	Timeline
HALOHALOZYME THERAPEUTICS INC	266,167	$15.3M	1.4%	-34,503	Timeline
MGNIMAGNITE INC	1,044,297	$14.5M	1.33%	+123,487	Timeline
EPREPR PPTYS	284,785	$14M	1.29%	new	Timeline
LTHLIFE TIME GROUP HOLDINGS INC	568,634	$13.9M	1.28%	+66,694	Timeline
KDKYNDRYL HLDGS INC	600,824	$13.8M	1.27%	+165,972	Timeline
RHPRYMAN HOSPITALITY PPTYS INC	128,671	$13.8M	1.27%	+8,439	Timeline
NOGNORTHERN OIL & GAS INC	389,124	$13.8M	1.27%	-29,667	Timeline
RIGTRANSOCEAN LTD	3,230,602	$13.8M	1.26%	+618,584	Timeline
PLNTPLANET FITNESS MASTER ISSUER	166,748	$13.6M	1.25%	-3,562	Timeline
DNOWDNOW INC	1,034,177	$13.4M	1.23%	+55,166	Timeline
GTLSCHART INDS INC	107,264	$13.4M	1.23%	+7,396	Timeline
STGWSTAGWELL INC	1,893,018	$13.3M	1.22%	-18,610	Timeline
FTAIFTAI AVIATION LTD	97,746	$13M	1.2%	-73,250	Timeline
CYHCOMMUNITY HEALTH SYS INC NEW	2,088,882	$12.7M	1.17%	new	Timeline
H&E EQUIPMENT SERVICES INCH&E EQUIPMENT SERVICES INC	258,839	$12.6M	1.16%	-24,516
FBKFB FINL CORP	266,812	$12.5M	1.15%	-35,673	Timeline
GXOGXO LOGISTICS INCORPORATED	232,636	$12.1M	1.12%	-27,066	Timeline
TRIUMPH GROUP INC NEWTRIUMPH GROUP INC NEW	939,371	$12.1M	1.11%	+33,381
MIRMMIRUM PHARMACEUTICALS INC	309,244	$12.1M	1.11%	+68,093	Timeline
BYDBOYD GAMING CORP	183,124	$11.9M	1.09%	+42,256	Timeline
FORWARD AIR CORPFORWARD AIR CORP	323,093	$11.5M	1.05%	new
ADCAGREE RLTY CORP	145,675	$11M	1.01%	+57,799	Timeline
PRSUPURSUIT ATTRACTIONS AND HOSP	303,680	$10.9M	1%	-14,066	Timeline
STNGSCORPIO TANKERS INC	147,515	$10.5M	0.97%	-1,615	Timeline
BKDBROOKDALE SR LIVING INC	1,535,474	$10.4M	0.96%	+697,773	Timeline
GTNGRAY MEDIA INC	1,921,227	$10.3M	0.95%	+182,560	Timeline
CRCCALIFORNIA RES CORP	193,313	$10.2M	0.93%	-787	Timeline
LGNDLIGAND PHARMACEUTICALS INC	100,218	$10M	0.92%	new	Timeline
PENNPENN ENTERTAINMENT INC	519,490	$9.81M	0.9%	+83,433	Timeline
RDNTRADNET INC	141,173	$9.81M	0.9%	-571	Timeline
VRRMVERRA MOBILITY CORP	337,751	$9.4M	0.86%	new	Timeline
BVBRIGHTVIEW HLDGS INC	568,191	$8.95M	0.82%	-27,317	Timeline
PEGAPEGASYSTEMS INC	120,686	$8.85M	0.81%	new	Timeline
ASOACADEMY SPORTS & OUTDOORS IN	150,177	$8.77M	0.81%	+3,028	Timeline
ZUORA INCZUORA INC	1,013,098	$8.74M	0.8%	-243,172
ROADCONSTRUCTION PARTNERS INC	123,096	$8.6M	0.79%	-59,325	Timeline
FWRGFIRST WATCH RESTAURANT GROUP	545,889	$8.54M	0.78%	+100,684	Timeline
CCOCLEAR CHANNEL OUTDOOR HLDGS	5,331,443	$8.54M	0.78%	+274,670	Timeline
RMBSRAMBUS INC DEL	198,536	$8.4M	0.77%	-7,428	Timeline
OMFONEMAIN HLDGS INC	175,798	$8.3M	0.76%	-41,136	Timeline
AVADEL PHARMACEUTICALSAVADEL PHARMACEUTICALS	608,399	$8M	0.73%	new
ARCBARCBEST CORP	68,666	$7.47M	0.69%	-22,755	Timeline
ATECALPHATEC HLDGS INC	1,306,249	$7.28M	0.67%	-42,846	Timeline
CENXCENTURY ALUM CO	444,104	$7.22M	0.66%	-4,985	Timeline
ALGMALLEGRO MICROSYSTEMS INC	271,358	$6.34M	0.58%	-285,150	Timeline
PGNYPROGYNY INC	372,836	$6.27M	0.58%	+55,713	Timeline
NWNNORTHWEST NAT HLDG CO	141,527	$5.78M	0.53%	-2,352	Timeline
HCSGHEALTHCARE SVCS GROUP INC	496,237	$5.54M	0.51%	+12,794	Timeline
EZPWEZCORP INC	491,259	$5.51M	0.51%	+100,439	Timeline
OUSTOUSTER INC	858,965	$5.42M	0.5%	+52,109	Timeline
MSEXMIDDLESEX WTR CO	82,656	$5.39M	0.5%	-1,844	Timeline
MONEYLION INCMONEYLION INC	126,839	$5.28M	0.48%	+30,877
YORWYORK WTR CO	137,799	$5.16M	0.47%	+22,691	Timeline
FOXFFOX FACTORY HLDG CORP	116,384	$4.83M	0.44%	+32,888	Timeline
THSTREEHOUSE FOODS INC	113,876	$4.78M	0.44%	+80,099	Timeline
EASTERLY GOVERNMENT PROPERT…EASTERLY GOVERNMENT PROPERTIES	345,531	$4.69M	0.43%	-10,514
PTENPATTERSON-UTI ENERGY INC	611,032	$4.69M	0.43%	-310,631	Timeline
CWCOCONSOLIDATED WATER CO INC	184,257	$4.65M	0.43%	new	Timeline
CHUY'S HOLDINGS INCCHUY'S HOLDINGS INC	123,411	$4.62M	0.42%	+83,024
EYENATIONAL VISION HLDGS INC	380,652	$4.15M	0.38%	+220,658	Timeline
MRTNMARTEN TRANS LTD	231,306	$4.09M	0.38%	+62,525	Timeline
ROGROGERS CORP	34,624	$3.91M	0.36%	+7,242	Timeline
NGVTINGEVITY CORP	96,540	$3.77M	0.35%	+3,691	Timeline
OPLNOPENLANE INC	213,737	$3.61M	0.33%	+147,701	Timeline
PSTLPOSTAL REALTY TRUST INC	236,177	$3.46M	0.32%	+1,825	Timeline
MNROMONRO INC	117,185	$3.38M	0.31%	-36,180	Timeline
VXFVANGUARD INDEX FDS	17,800	$3.27M	0.3%	-10,946	Timeline
CVGWCALAVO GROWERS INC	109,349	$3.12M	0.29%	new	Timeline
SSPSCRIPPS E W CO OHIO	1,344,539	$3.02M	0.28%	+11,353	Timeline
JACKJACK IN THE BOX INC	64,805	$3.02M	0.28%	+14,977	Timeline
ALNTALLIENT INC	148,217	$2.81M	0.26%	-3,325	Timeline
BLMNBLOOMIN BRANDS INC	158,603	$2.62M	0.24%	-306,372	Timeline
CBLCBL & ASSOC PPTYS INC	104,097	$2.62M	0.24%	new	Timeline
CZRCAESARS ENTERTAINMENT INC NE	58,360	$2.47M	0.23%	+16,866	Timeline
THCTENET HEALTHCARE CORP	13,747	$2.31M	0.21%	-54,479	Timeline
GNRCGENERAC HLDGS INC	13,851	$2.23M	0.2%	-1,544	Timeline
IARTINTEGRA LIFESCIENCES HLDGS C	118,888	$2.16M	0.2%	new	Timeline
CMCCOMMERCIAL METALS CO	37,533	$2.09M	0.19%	+317	Timeline
FARMFARMER BROS CO	1,032,551	$2.04M	0.19%	+94,533	Timeline
DKNGDRAFTKINGS INC NEW	50,657	$2.02M	0.18%	+3,185	Timeline
FNDFLOOR & DECOR HLDGS INC	15,890	$2M	0.18%	-1,041	Timeline
EXEEXPAND ENERGY CORPORATION	22,926	$1.91M	0.18%	-1,774	Timeline
SSENTINELONE INC	78,055	$1.89M	0.17%	new	Timeline
WDCWESTERN DIGITAL CORP	26,271	$1.82M	0.17%	-13,413	Timeline
DRSLEONARDO DRS INC	57,246	$1.64M	0.15%	-10,935	Timeline
ELANELANCO ANIMAL HEALTH INC	107,091	$1.59M	0.15%	-24,200	Timeline
PFGCPERFORMANCE FOOD GROUP CO	19,569	$1.55M	0.14%	-3,134	Timeline
OLO INCOLO INC	290,795	$1.44M	0.13%	-100,809
TERTERADYNE INC	9,630	$1.31M	0.12%	-5,044	Timeline
PKEPARK AEROSPACE CORP	96,301	$1.25M	0.12%	new	Timeline
TXTTEXTRON INC	12,464	$1.12M	0.1%	-766	Timeline
IWMISHARES TR	4,846	$1.07M	0.1%	+257	Timeline
AAOIAPPLIED OPTOELECTRONICS INC	70,384	$1.01M	0.09%	new	Timeline
HLIOHELIOS TECHNOLOGIES INC	19,635	$937K	0.09%	-50,041	Timeline
DMCDEL MONTE CORP	30,627	$905K	0.08%	-90,312	Timeline
TRSTRIMAS CORP	34,984	$893K	0.08%	-58,284	Timeline
BKHBLACK HILLS CORP	9,754	$596K	0.05%	+833	Timeline
SRSPIRE INC	8,802	$592K	0.05%	-812	Timeline
NWENORTHWESTERN ENERGY GROUP IN	10,229	$585K	0.05%	-1,241	Timeline
PORPORTLAND GEN ELEC CO	12,090	$579K	0.05%	-1,267	Timeline
NOMDNOMAD FOODS LTD	28,069	$535K	0.05%	+1,057	Timeline
KELYAKELLY SVCS INC	24,376	$522K	0.05%	new	Timeline
PRGOPERRIGO CO PLC	18,358	$482K	0.04%	+3,170	Timeline
URIUNITED RENTALS INC	548	$443K	0.04%	+9	Timeline
NWLNEWELL BRANDS INC	49,405	$379K	0.03%	new	Timeline
JLLJONES LANG LASALLE INC	1,389	$375K	0.03%	-240	Timeline
VTIVANGUARD INDEX FDS	1,207	$342K	0.03%	new	Timeline
MLMMARTIN MARIETTA MATLS INC	607	$327K	0.03%	+12	Timeline
NJRNEW JERSEY RES CORP	6,356	$300K	0.03%	new	Timeline
TKOTKO GROUP HOLDINGS INC	2,403	$297K	0.03%	-108	Timeline
FANGDIAMONDBACK ENERGY INC	1,719	$296K	0.03%	-283	Timeline
REYNREYNOLDS CONSUMER PRODS INC	9,317	$290K	0.03%	-6,493	Timeline
FCFSFIRSTCASH HOLDINGS INC	2,483	$285K	0.03%	new	Timeline
KEXKIRBY CORP	2,304	$282K	0.03%	-453	Timeline
XPOXPO INC	2,438	$262K	0.02%	-52	Timeline
VOVANGUARD INDEX FDS	810	$214K	0.02%	-463	Timeline
TGNATEGNA INC	11,363	$179K	0.02%	new	Timeline
OIO-I GLASS INC	10,282	$135K	0.01%	-162,995	Timeline
NVTSNAVITAS SEMICONDUCTOR CORP	39,928	$97.8K	0.01%	-1,679,073	Timeline
DCGODOCGO INC	12,209	$40.5K	<0.01%	new	Timeline
BIOMERICA INCBIOMERICA INC	20,589	$6.75K	<0.01%	-311

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
XPROEXPRO GROUP HOLDINGS NV COMMON STOCK	principal	583,619	$10M	+36,645
CABLE ONE INCCABLE ONE INC NOTE 3/1	principal	325,000	$297K	new

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
KLICKULICKE & SOFFA INDS INC	267,846	$13.2M	shares
TMHCTAYLOR MORRISON HOME CORP	223,646	$12.4M	shares
SIMOSILICON MOTION TECHNOLOGY CO	152,821	$12.4M	shares
CROXCROCS INC	78,821	$11.5M	shares
INFINERA CORPINFINERA CORP	1,730,817	$10.6M	shares
FTREFORTREA HLDGS INC	321,198	$7.52M	shares
AVDAMERICAN VANGUARD CORP	494,822	$4.26M	shares
PZZAPAPA JOHNS INTL INC	45,550	$2.14M	shares
PLOWDOUGLAS DYNAMICS INC	82,265	$1.93M	shares
PTCPTC INC	9,739	$1.8M	shares
DOLEDOLE PLC	124,500	$1.52M	shares
HFWAHERITAGE FINL CORP WASH	80,870	$1.46M	shares
LYFTLYFT INC	66,693	$959K	shares
FIVEFIVE BELOW INC	8,429	$938K	shares
BWMNBOWMAN CONSULTING GROUP LTD	19,037	$605K	shares
SGRYSURGERY PARTNERS INC	22,094	$528K	shares
Vivid Seats IncVivid Seats Inc	74,056	$426K	put
FBNCFIRST BANCORP N C	9,942	$317K	shares
PLAYAGS INCPLAYAGS INC	26,879	$309K	shares
TGBTASEKO MINES LTD	10,745	$26.3K	shares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001420506-24-002569	base		2024-11-14	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC