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Pennant Capital Management, LLC

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13F filer, CIK 1168664, Summit, NJ

Pennant Capital Management, LLC reported $1,628,108,000 across 45 holdings for the quarter ended 2017-09-30, in a 13F-HR filed 2017-11-14. Its ten largest share positions make up 52.5% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-17-008133

Period
2017-09-30
Reported value
$1.63B
Holdings
45
Top 10 weight
52.5%
New
20
Sold out
14

Largest buys vs the previous quarter

SecurityShares changeApprox. value
NRGnew+3,307,366$84.6M
ULTRA PETROLEUM CORPadded+3,515,034$30.5M
CDK GLOBAL INCnew+374,300$23.6M
PTCnew+416,992$23.5M
MICRO FOCUS INTL PLC NPV ADRnew+568,800$18.1M

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
EVHexited-2,201,130-$55.8M
ATHENE HOLDING LTDreduced-924,435-$49.8M
UNITED STATES STL CORP NEWexited-1,583,000-$35M
MICHAELS COS INCreduced-1,559,852-$33.5M
THSexited-323,843-$26.5M

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 2017

Share positions as resolved from 13F-HR 0000919574-17-008133, largest first. % of portfolio is the value over $1,306,667,000, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
NRGNRG ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 3,307,366 shares 3,307,366$84.6M6.48%newTimeline
FLEETCOR TECHNOLOGIES INCFLEETCOR TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 710,864 shares; 2017Q1: 490,564 shares; 2017Q2: 526,814 shares; 2017Q3: 528,918 shares 528,918$81.9M6.26%+2,104
ACHCACADIA HEALTHCARE COMPANY INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 3,210,062 shares; 2017Q1: 1,875,174 shares; 2017Q2: 1,328,735 shares; 2017Q3: 1,610,790 shares 1,610,790$76.9M5.89%+282,055Timeline
TDGTRANSDIGM GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 196,649 shares; 2017Q1: 559,149 shares; 2017Q2: 292,249 shares; 2017Q3: 299,635 shares 299,635$76.6M5.86%+7,386Timeline
ATIATI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 3,104,100 shares; 2017Q2: 2,794,363 shares; 2017Q3: 2,706,892 shares 2,706,892$64.7M4.95%-87,471Timeline
ATHENE HOLDING LTDATHENE HOLDING LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 700,000 shares; 2017Q1: 2,004,275 shares; 2017Q2: 2,086,565 shares; 2017Q3: 1,162,130 shares 1,162,130$62.6M4.79%-924,435
CTSHCOGNIZANT TECHNOLOGY SOLUTIOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,739,800 shares; 2017Q1: 1,263,100 shares; 2017Q2: 1,075,100 shares; 2017Q3: 850,313 shares 850,313$61.7M4.72%-224,787Timeline
ARANTERO RESOURCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,653,240 shares; 2017Q1: 3,629,205 shares; 2017Q2: 3,692,504 shares; 2017Q3: 3,051,748 shares 3,051,748$60.7M4.65%-640,756Timeline
HUNHUNTSMAN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,499,430 shares; 2017Q1: 2,559,430 shares; 2017Q2: 2,793,830 shares; 2017Q3: 2,206,314 shares 2,206,314$60.5M4.63%-587,516Timeline
CNDTCONDUENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 3,715,045 shares; 2017Q2: 2,674,547 shares; 2017Q3: 3,556,974 shares 3,556,974$55.7M4.27%+882,427Timeline
MICHAELS COS INCMICHAELS COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 3,654,121 shares; 2017Q1: 2,881,959 shares; 2017Q2: 4,089,660 shares; 2017Q3: 2,529,808 shares 2,529,808$54.3M4.16%-1,559,852
ULTRA PETROLEUM CORPULTRA PETROLEUM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 2,577,209 shares; 2017Q3: 6,092,243 shares 6,092,243$52.8M4.04%+3,515,034
TEAM HEALTH HOLDINGS INCTEAM HEALTH HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,158,131 shares; 2017Q1: 1,158,131 shares; 2017Q2: 1,158,131 shares; 2017Q3: 1,158,131 shares 1,158,131$50.4M3.86%0
DYDYCOM INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 741,550 shares; 2017Q1: 741,550 shares; 2017Q2: 575,550 shares; 2017Q3: 549,250 shares 549,250$47.2M3.61%-26,300Timeline
NXSTAGE MEDICAL INCNXSTAGE MEDICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,927,408 shares; 2017Q1: 1,927,408 shares; 2017Q2: 1,855,066 shares; 2017Q3: 1,622,066 shares 1,622,066$44.8M3.43%-233,000
CIGNA CORPORATIONCIGNA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 322,500 shares; 2017Q2: 250,900 shares; 2017Q3: 218,800 shares 218,800$40.9M3.13%-32,100
ELVELEVANCE HEALTH INC FORMERLYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 226,000 shares; 2017Q3: 193,800 shares 193,800$36.8M2.82%-32,200Timeline
E TRADE FINANCIAL CORPE TRADE FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,080,692 shares; 2017Q1: 1,986,092 shares; 2017Q2: 956,792 shares; 2017Q3: 833,892 shares 833,892$36.4M2.78%-122,900
ANTERO MIDSTREAM GP LPANTERO MIDSTREAM GP LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 1,830,047 shares; 2017Q3: 1,767,147 shares 1,767,147$36.2M2.77%-62,900
ZAYO GROUP HLDGS INC COMZAYO GROUP HLDGS INC COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 1,264,275 shares; 2017Q3: 1,001,671 shares 1,001,671$34.5M2.64%-262,604
EXTRACTION OIL AND GAS INCEXTRACTION OIL AND GAS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,417,779 shares; 2017Q1: 3,464,361 shares; 2017Q2: 3,060,488 shares; 2017Q3: 2,042,518 shares 2,042,518$31.4M2.41%-1,017,970
CISION LTDCISION LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 2,481,342 shares; 2017Q3: 1,835,874 shares 1,835,874$23.9M1.83%-645,468
CDK GLOBAL INCCDK GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 374,300 shares 374,300$23.6M1.81%new
PTCPTC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 416,992 shares 416,992$23.5M1.8%newTimeline
MICRO FOCUS INTL PLC NPV ADRMICRO FOCUS INTL PLC NPV ADRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 568,800 shares 568,800$18.1M1.39%new
FOREST CITY RLTY TR INCFOREST CITY RLTY TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 656,026 shares 656,026$16.7M1.28%new
HOSTESS BRANDS INCHOSTESS BRANDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,857,445 shares; 2017Q1: 1,190,045 shares; 2017Q2: 725,645 shares; 2017Q3: 789,045 shares 789,045$10.8M0.82%+63,400
UNIVERSAL STAINLESS & ALLOYUNIVERSAL STAINLESS & ALLOYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 682,194 shares; 2017Q1: 682,194 shares; 2017Q2: 527,194 shares; 2017Q3: 455,241 shares 455,241$9.49M0.73%-71,953
GTGOODYEAR TIRE & RUBR COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 250,000 shares 250,000$8.31M0.64%newTimeline
NXPINXP SEMICONDUCTORS N VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 50,000 shares 50,000$5.66M0.43%newTimeline
APACHE CORPAPACHE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 84,101 shares; 2017Q3: 100,000 shares 100,000$4.58M0.35%+15,899
AK STEEL HOLDING CORPAK STEEL HOLDING CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 650,000 shares 650,000$3.63M0.28%new
CIENCIENA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 137,400 shares 137,400$3.02M0.23%newTimeline
HDHOME DEPOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 17,000 shares 17,000$2.78M0.21%newTimeline
KNKNOWLES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 52,018 shares 52,018$794K0.06%newTimeline
FLY LEASING LTDFLY LEASING LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q4: restricted; 2016Q1: restricted; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 15,000 shares 15,000$210K0.02%new

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$140M0
PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser COMput400,000$58.2Mnew
HDHOME DEPOT INC COMcall226,000$37Mnew
SPIRIT AIRLS INCSPIRIT AIRLS INC COMput650,000$21.7Mnew
DYDYCOM INDS INC Stockcall250,000$21.5Mnew
ULTRA PETROLEUM CORPULTRA PETROLEUM CORP COM NEWcall2,000,000$17.3Mnew
EFXEQUIFAX INC Stockput100,000$10.6Mnew
TEXTEREX CORP NEW Stockput220,000$9.9Mnew
NXPINXP SEMICONDUCTORS N V Stockcall50,000$5.66Mnew

Sold out in Q3 2017

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

SecurityShares beforeValue beforeType
AMZNAMAZON COM INC75,000$72.6Mcall
METAMETA PLATFORMS INC480,000$72.5Mcall
GOOGLALPHABET INC75,000$69.7Mcall
EVHEVOLENT HEALTH INC2,201,130$55.8Mshares
UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW1,583,000$35Mshares
THSTREEHOUSE FOODS INC323,843$26.5Mshares
PLNTPLANET FITNESS MASTER ISSUER574,850$13.4Mshares
WHOLE FOODS MKT INCWHOLE FOODS MKT INC250,000$10.5Mcall
DUNKIN BRANDS GROUP INCDUNKIN BRANDS GROUP INC139,507$7.69Mshares
WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS1,500,000$5.8Mshares
MKSIMKS INC.75,800$5.1Mshares
FMCFMC CORP50,000$3.65Mshares
BARCLAYS BK PLCBARCLAYS BK PLC250,000$3.19Mshares
FOSLFOSSIL GROUP INC125,151$1.29Mshares

How Q3 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 0000919574-17-008133 base2017-11-14acceptance time not in the bulk data set