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Disclosery

Pennant Capital Management, LLC

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13F filer, CIK 1168664, Summit, NJ

Pennant Capital Management, LLC reported $218,111,000 across 22 holdings for the quarter ended 2018-03-31, in a 13F-HR filed 2018-05-15. Its ten largest share positions make up 65.52% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-18-003820

Period
2018-03-31
Reported value
$218M
Holdings
22
Top 10 weight
65.52%
New
2
Sold out
13

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CHTRnew+40,000$12.4M
MOSnew+200,000$4.86M
FGL HLDGSadded+187,340$1.9M

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.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
TDGreduced-211,973-$65.1M
FLEETCOR TECHNOLOGIES INCreduced-310,443-$62.9M
NRGreduced-1,837,397-$56.1M
CTSHreduced-679,497-$54.7M
PTCreduced-595,587-$46.5M

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, Q1 2018

Share positions as resolved from 13F-HR 0000919574-18-003820, largest first. % of portfolio is the value over $218,112,000, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
NXSTAGE MEDICAL INCNXSTAGE MEDICAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,927,408 shares; 2017Q1: 1,927,408 shares; 2017Q2: 1,855,066 shares; 2017Q3: 1,622,066 shares; 2017Q4: 1,756,354 shares; 2018Q1: 1,474,524 shares 1,474,524$36.7M16.81%-281,830
ATHENE HOLDING LTDATHENE HOLDING LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 700,000 shares; 2017Q1: 2,004,275 shares; 2017Q2: 2,086,565 shares; 2017Q3: 1,162,130 shares; 2017Q4: 888,278 shares; 2018Q1: 440,103 shares 440,103$21M9.65%-448,175
CISION LTDCISION LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 2,481,342 shares; 2017Q3: 1,835,874 shares; 2017Q4: 1,818,574 shares; 2018Q1: 1,200,000 shares 1,200,000$13.9M6.37%-618,574
CHTRCHARTER COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: not reported; 2017Q4: not reported; 2018Q1: 40,000 shares 40,000$12.4M5.71%newTimeline
CNDTCONDUENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 3,715,045 shares; 2017Q2: 2,674,547 shares; 2017Q3: 3,556,974 shares; 2017Q4: 2,306,823 shares; 2018Q1: 532,800 shares 532,800$9.93M4.55%-1,774,023Timeline
ARANTERO RESOURCES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,653,240 shares; 2017Q1: 3,629,205 shares; 2017Q2: 3,692,504 shares; 2017Q3: 3,051,748 shares; 2017Q4: 1,808,082 shares; 2018Q1: 500,000 shares 500,000$9.93M4.55%-1,308,082Timeline
NRGNRG ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 3,307,366 shares; 2017Q4: 2,162,397 shares; 2018Q1: 325,000 shares 325,000$9.92M4.55%-1,837,397Timeline
FGL HLDGSFGL HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: not reported; 2017Q4: 782,660 shares; 2018Q1: 970,000 shares 970,000$9.85M4.51%+187,340
CTSHCOGNIZANT TECHNOLOGY SOLUTIOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,739,800 shares; 2017Q1: 1,263,100 shares; 2017Q2: 1,075,100 shares; 2017Q3: 850,313 shares; 2017Q4: 799,497 shares; 2018Q1: 120,000 shares 120,000$9.66M4.43%-679,497Timeline
ULTRA PETROLEUM CORPULTRA PETROLEUM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 2,577,209 shares; 2017Q3: 6,092,243 shares; 2017Q4: 5,836,226 shares; 2018Q1: 2,300,000 shares 2,300,000$9.59M4.4%-3,536,226
TEAM HEALTH HOLDINGS INCTEAM HEALTH HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 1,158,131 shares; 2017Q1: 1,158,131 shares; 2017Q2: 1,158,131 shares; 2017Q3: 1,158,131 shares; 2017Q4: 1,158,131 shares; 2018Q1: 1,158,131 shares 1,158,131$9.15M4.2%0
ANTERO MIDSTREAM GP LPANTERO MIDSTREAM GP LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 1,830,047 shares; 2017Q3: 1,767,147 shares; 2017Q4: 1,312,610 shares; 2018Q1: 510,000 shares 510,000$8.15M3.74%-802,610
TDGTRANSDIGM GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 196,649 shares; 2017Q1: 559,149 shares; 2017Q2: 292,249 shares; 2017Q3: 299,635 shares; 2017Q4: 236,973 shares; 2018Q1: 25,000 shares 25,000$7.67M3.52%-211,973Timeline
FLEETCOR TECHNOLOGIES INCFLEETCOR TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 710,864 shares; 2017Q1: 490,564 shares; 2017Q2: 526,814 shares; 2017Q3: 528,918 shares; 2017Q4: 346,443 shares; 2018Q1: 36,000 shares 36,000$7.29M3.34%-310,443
CDK GLOBAL INCCDK GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 374,300 shares; 2017Q4: 554,103 shares; 2018Q1: 100,000 shares 100,000$6.33M2.9%-454,103
ATIATI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: 3,104,100 shares; 2017Q2: 2,794,363 shares; 2017Q3: 2,706,892 shares; 2017Q4: 1,695,792 shares; 2018Q1: 250,000 shares 250,000$5.92M2.71%-1,445,792Timeline
ZAYO GROUP HLDGS INC COMZAYO GROUP HLDGS INC COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: 1,264,275 shares; 2017Q3: 1,001,671 shares; 2017Q4: 1,068,438 shares; 2018Q1: 172,129 shares 172,129$5.88M2.7%-896,309
HUNHUNTSMAN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 2,499,430 shares; 2017Q1: 2,559,430 shares; 2017Q2: 2,793,830 shares; 2017Q3: 2,206,314 shares; 2017Q4: 1,235,635 shares; 2018Q1: 200,000 shares 200,000$5.85M2.68%-1,035,635Timeline
DYDYCOM INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 741,550 shares; 2017Q1: 741,550 shares; 2017Q2: 575,550 shares; 2017Q3: 549,250 shares; 2017Q4: 373,438 shares; 2018Q1: 50,000 shares 50,000$5.38M2.47%-323,438Timeline
PTCPTC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: 416,992 shares; 2017Q4: 658,587 shares; 2018Q1: 63,000 shares 63,000$4.92M2.25%-595,587Timeline
MOSMOSAIC COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: not reported; 2017Q1: not reported; 2017Q2: not reported; 2017Q3: not reported; 2017Q4: not reported; 2018Q1: 200,000 shares 200,000$4.86M2.23%newTimeline
UNIVERSAL STAINLESS & ALLOYUNIVERSAL STAINLESS & ALLOYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2016Q2: restricted; 2016Q3: restricted; 2016Q4: 682,194 shares; 2017Q1: 682,194 shares; 2017Q2: 527,194 shares; 2017Q3: 455,241 shares; 2017Q4: 396,084 shares; 2018Q1: 138,011 shares 138,011$3.79M1.74%-258,073

Sold out in Q1 2018

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

SecurityShares beforeValue beforeType
ACHCACADIA HEALTHCARE COMPANY IN1,283,514$41.9Mshares
ELVELEVANCE HEALTH INC FORMERLY183,379$41.3Mshares
CMCSACOMCAST CORP NEW913,562$36.6Mshares
TWENTY FIRST CENTY FOX INCTWENTY FIRST CENTY FOX INC866,686$29.9Mshares
CIGNA CORPORATIONCIGNA CORPORATION133,187$27Mshares
CZRCZR2,136,087$27Mshares
CAESARS ENTMT CORPCAESARS ENTMT CORP13,158,171$25.5Mprincipal
E TRADE FINANCIAL CORPE TRADE FINANCIAL CORP450,124$22.3Mshares
BACBANK OF AMER CORP706,721$20.9Mshares
EXTRACTION OIL AND GAS INCEXTRACTION OIL AND GAS INC1,452,841$20.8Mshares
ULTRA PETROLEUM CORPULTRA PETROLEUM CORP2,000,000$18.1Mcall
TEXTEREX CORP NEW220,000$10.6Mput
MICRO FOCUS INTL PLC NPV ADRMICRO FOCUS INTL PLC NPV ADR209,836$7.05Mshares

How Q1 2018 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 0000919574-18-003820 base2018-05-15acceptance time not in the bulk data set