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Pennant Capital Management, LLC

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13F filer, CIK 1168664, Summit, NJ

Pennant Capital Management, LLC reported $2,111,179,000 across 42 holdings for the quarter ended 2017-03-31, in a 13F-HR filed 2017-05-15. Its ten largest share positions make up 46.78% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-17-004338

Period
2017-03-31
Reported value
$2.11B
Holdings
42
Top 10 weight
46.78%
New
16
Sold out
12

Largest buys vs the previous quarter

SecurityShares changeApprox. value
TDGadded+362,500$79.8M
ATHENE HOLDING LTDadded+1,304,275$65.2M
CNDTnew+3,715,045$62.3M
ATInew+3,104,100$55.8M
CIGNA CORPORATIONnew+322,500$47.2M

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

SecurityShares changeApprox. value
PGexited-845,142-$71.1M
ARRIS INTL INC SHSexited-1,983,424-$59.8M
ACHCreduced-1,334,888-$58.2M
LNGexited-1,318,094-$54.6M
GOOGexited-64,675-$49.9M

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, Q1 2017

Share positions as resolved from 13F-HR 0000919574-17-004338, largest first. % of portfolio is the value over $1,810,797,000, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
TDGTRANSDIGM GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 196,649 shares; 2017Q1: 559,149 shares 559,149$123M6.8%+362,500Timeline
ATHENE HOLDING LTDATHENE HOLDING LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 700,000 shares; 2017Q1: 2,004,275 shares 2,004,275$100M5.53%+1,304,275
TAPMOLSON COORS BEVERAGE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,444,125 shares; 2017Q1: 1,039,625 shares 1,039,625$99.5M5.49%-404,500Timeline
ARANTERO RESOURCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,653,240 shares; 2017Q1: 3,629,205 shares 3,629,205$82.8M4.57%+975,965Timeline
ACHCACADIA HEALTHCARE COMPANY INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 3,210,062 shares; 2017Q1: 1,875,174 shares 1,875,174$81.8M4.52%-1,334,888Timeline
CTSHCOGNIZANT TECHNOLOGY SOLUTIOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,739,800 shares; 2017Q1: 1,263,100 shares 1,263,100$75.2M4.15%-476,700Timeline
FLEETCOR TECHNOLOGIES INCFLEETCOR TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 710,864 shares; 2017Q1: 490,564 shares 490,564$74.3M4.1%-220,300
STZCONSTELLATION BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 327,596 shares; 2017Q1: 444,996 shares 444,996$72.1M3.98%+117,400Timeline
E TRADE FINANCIAL CORPE TRADE FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,080,692 shares; 2017Q1: 1,986,092 shares 1,986,092$69.3M3.83%-94,600
DYDYCOM INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 741,550 shares; 2017Q1: 741,550 shares 741,550$68.9M3.81%0Timeline
PYPLPAYPAL HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,924,561 shares; 2017Q1: 1,568,961 shares 1,568,961$67.5M3.73%-355,600Timeline
MICHAELS COS INCMICHAELS COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 3,654,121 shares; 2017Q1: 2,881,959 shares 2,881,959$64.5M3.56%-772,162
EXTRACTION OIL AND GAS INCEXTRACTION OIL AND GAS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,417,779 shares; 2017Q1: 3,464,361 shares 3,464,361$64.3M3.55%+1,046,582
BACBANK OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 3,241,900 shares; 2017Q1: 2,690,500 shares 2,690,500$63.5M3.51%-551,400Timeline
EVHEVOLENT HEALTH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,761,721 shares; 2017Q1: 2,843,021 shares 2,843,021$63.4M3.5%+81,300Timeline
HUNHUNTSMAN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,499,430 shares; 2017Q1: 2,559,430 shares 2,559,430$62.8M3.47%+60,000Timeline
CNDTCONDUENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 3,715,045 shares 3,715,045$62.3M3.44%newTimeline
ATIATI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 3,104,100 shares 3,104,100$55.8M3.08%newTimeline
NXSTAGE MEDICAL INCNXSTAGE MEDICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,927,408 shares; 2017Q1: 1,927,408 shares 1,927,408$51.7M2.86%0
TEAM HEALTH HOLDINGS INCTEAM HEALTH HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,158,131 shares; 2017Q1: 1,158,131 shares 1,158,131$50.4M2.78%0
CIGNA CORPORATIONCIGNA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 322,500 shares 322,500$47.2M2.61%new
HUMHUMANA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 208,300 shares 208,300$42.9M2.37%newTimeline
DLTRDOLLAR TREE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,104,537 shares; 2017Q1: 525,394 shares 525,394$41.2M2.28%-579,143Timeline
CBRECBRE GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,364,746 shares; 2017Q1: 1,149,146 shares 1,149,146$40M2.21%-215,600Timeline
WELLCARE HEALTH PLANS INCWELLCARE HEALTH PLANS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 583,895 shares; 2017Q1: 237,495 shares 237,495$33.3M1.84%-346,400
RDNRADIAN GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 1,412,200 shares 1,412,200$25.4M1.4%newTimeline
CAPITOL ACQUISITION CORP IIICAPITOL ACQUISITION CORP IIIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 1,865,000 shares 1,865,000$19.7M1.09%new
HOSTESS BRANDS INCHOSTESS BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,857,445 shares; 2017Q1: 1,190,045 shares 1,190,045$18.9M1.04%-667,400
GORES HLDGS II INCGORES HLDGS II INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 1,791,500 shares 1,791,500$18.4M1.02%new
LKQLKQ CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,997,195 shares; 2017Q1: 556,963 shares 556,963$16.3M0.9%-1,440,232Timeline
UNIVERSAL STAINLESS & ALLOYUNIVERSAL STAINLESS & ALLOYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 682,194 shares; 2017Q1: 682,194 shares 682,194$11.6M0.64%0
FIDELITY & GTY LIFE COMFIDELITY & GTY LIFE COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 365,000 shares 365,000$10.1M0.56%new
KBRKBR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 674,000 shares; 2017Q1: 674,000 shares 674,000$10.1M0.56%0Timeline
SJMSMUCKER J M COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 71,516 shares 71,516$9.37M0.52%newTimeline
FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 4,193,371 shares 4,193,371$8.97M0.5%new
AVANTAX INCAVANTAX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 886,474 shares; 2017Q1: 149,551 shares 149,551$2.59M0.14%-736,923
MTGMGIC INVT CORP WISQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q2: restricted; 2015Q3: restricted; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 133,600 shares 133,600$1.35M0.07%newTimeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
STZCONSTELLATION BRANDS INC Stockcall700,000$113Mnew
CTSHCOGNIZANT TECHNOLOGY SOLUTIO Stockput1,500,000$89.3Mnew
TDGTRANSDIGM GROUP INC Stockcall200,000$44Mnew
DLTRDOLLAR TREE INC Stockcall350,000$27.5Mnew
ACHCACADIA HEALTHCARE COMPANY IN Stockcall600,000$26.2Mnew

Sold out in Q1 2017

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

SecurityShares beforeValue beforeType
XLPSELECT SECTOR SPDR TR6,020,000$311Mput
XLKSELECT SECTOR SPDR TR3,300,000$160Mput
GLDSPDR GOLD TR1,350,000$148Mcall
PGPROCTER & GAMBLE CO845,142$71.1Mshares
ARRIS INTL INC SHSARRIS INTL INC SHS1,983,424$59.8Mshares
LNGCHENIERE ENERGY INC1,318,094$54.6Mshares
GOOGALPHABET INC64,675$49.9Mshares
CFGCITIZENS FINL GROUP INC1,399,357$49.9Mshares
PRICELINE GRP INCPRICELINE GRP INC32,729$48Mshares
COMSCORE INCCOMSCORE INC994,275$31.4Mshares
LIBERTY EXPEDIA HLDGS INCLIBERTY EXPEDIA HLDGS INC479,180$19Mshares
REYNOLDS AMERICAN INCREYNOLDS AMERICAN INC157,340$8.82Mshares

How Q1 2017 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000919574-17-004338 base2017-05-15acceptance time not in the bulk data set