Q2 2026 13F · SEC CIK 1158202

Penn Capital Management Company, LLC

Institutional asset managerFiled 2026-07-30 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.6B
Reported positions: 185
Top holdings a year, 3 yrs: +12.5%
Assets under management: $1.9B

Penn Capital Management Company, LLC is an institutional asset manager that reported 185 positions worth $1.6B in its Q2 2026 13F, filed 2026-07-30. Its largest holdings were Ouster Inc (OUST, 2.6%), Acm Research Inc (ACMR, 2.3%), Mirum Pharmaceuticals Inc (MIRM, 2.2%). A portfolio copying its top holdings returned 12.5% a year over the last 3 years, against 20.4% for the S&P 500.

Penn Capital Management Company, LLC holdings largest 50 of 185 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Penn Capital Management Company, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
OUSTOuster Inc	2.6%	1.4%	656,088	-32.3%	$41.1M
ACMRAcm Research Inc	2.3%	1.2%	285,790	-28.2%	$36.3M
MIRMMirum Pharmaceuticals Inc	2.2%	1.8%	298,914	+16.4%	$35.1M
LGNDLigand Pharmaceuticals Inc	2.0%	1.5%	100,337	+5.1%	$31.7M
TGTXTg Therapeutics Inc	1.9%	1.4%	536,067	-1.1%	$29.5M
RXORxo Inc	1.7%	1.5%	974,963	-27.6%	$27.0M
LGNLegence Corp	1.7%	1.6%	311,830	-12.5%	$26.6M
PRKSUnited Parks & Resorts Inc	1.6%	1.1%	533,554	+17.8%	$25.5M
PENNPenn Entertainment Inc	1.6%	1.3%	1,186,487	+6.2%	$25.4M
WOLFWolfspeed Inc	1.6%	—	513,975	—	$24.8M
COMPCompass Inc	1.6%	—	2,003,937	—	$24.8M
BANCBanc of California Inc	1.6%	1.7%	1,199,061	-1.1%	$24.5M
WTTRSelect Water Solutions Inc	1.6%	1.7%	1,222,090	-16.2%	$24.5M
AGYSAgilysys Inc	1.5%	—	231,237	—	$24.2M
CSTMConstellium SE	1.5%	1.6%	749,645	-11.3%	$23.9M
KNSAKiniksa Pharmaceuticals Intl P	1.5%	1.1%	368,114	+21.9%	$23.6M
G39108108Gates Indl Corp PLC Ord Shs	1.5%	1.4%	839,675	+5.1%	$23.5M
ABCBAmeris Bancorp	1.5%	1.6%	260,137	-1.1%	$23.5M
DCOMDime Coml Bancshares Inc	1.5%	1.6%	562,511	-7.7%	$22.9M
RHPRyman Hospitality Pptys Inc	1.4%	—	168,295	—	$21.7M
CECOCeco Environmental Corp	1.4%	—	237,119	—	$21.6M
WERNWerner Enterprises Inc	1.4%	—	491,541	—	$21.5M
FBKFb Finl Corp	1.4%	1.3%	387,253	+21.2%	$21.5M
NMRKNewmark Group Inc	1.3%	1.3%	1,395,935	+20.9%	$21.1M
HRIHerc Holdings Inc	1.3%	—	146,723	—	$21.1M
LTHLife Time Group Holdings Inc	1.3%	1.2%	514,790	-8.1%	$21.1M
AMRXAmneal	1.3%	1.2%	1,181,176	-1.2%	$20.5M
HWCHancock Whitney Corporation	1.3%	—	272,472	—	$20.4M
ZETAZeta Global Holdings Corp	1.3%	—	1,033,262	—	$20.4M
LUMNLumen Technologies Inc	1.2%	1.5%	2,547,003	-5.9%	$19.6M
CAMTCamtek Ltd	1.2%	—	117,014	—	$19.1M
FWRGFirst Watch Restaurant Group I	1.2%	—	1,472,751	—	$19.0M
VVIPursuit Attractions and Hosp	1.2%	—	336,981	—	$18.9M
WFRDWeatherford Intl PLC F	1.2%	1.7%	227,001	-4.6%	$18.5M
PTENPatterson-Uti Energy Inc	1.2%	—	1,990,225	—	$18.3M
SOISolaris Energy Infras Inc	1.1%	1.2%	224,485	-20.0%	$18.1M
RSIRush Street Interactive Inc	1.1%	1.3%	595,281	-19.9%	$17.7M
CPRICapri Holdings Limited	1.1%	1.2%	951,403	+7.2%	$17.7M
GPORGulfport Energy Corp	1.1%	1.8%	103,636	-7.0%	$17.6M
STGWStagwell Inc	1.1%	—	2,362,291	—	$17.6M
RIGTransocean Ltd	1.1%	1.6%	3,566,644	+13.1%	$17.5M
TATTTat Technologies Ltd	1.1%	—	357,391	—	$17.3M
ANIPAni Pharmaceuticals Inc	1.1%	—	207,362	—	$17.2M
LNTHLantheus Hldgs Inc	1.1%	—	153,877	—	$17.1M
TCBITexas Cap Bancshares Inc	1.1%	1.2%	164,171	-1.6%	$17.0M
LINDLindblad Expeditions Hldgs I	1.1%	1.1%	595,133	-28.9%	$16.8M
RDNTRadNet Inc	1.1%	1.2%	271,352	-2.0%	$16.8M
TEXTerex Corp New	1.1%	—	231,008	—	$16.7M
CTRICenturi Holdings Inc	1.1%	—	548,938	—	$16.6M
VACMarriott Vacations Worldwide	1.1%	—	162,740	—	$16.6M

What Penn Capital Management Company, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +9.7% /yr; S&P 500 +20.1%
3 years: +12.5% /yr; S&P 500 +20.4%
5 years: +5.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.6B	185
Q1 2026	$1.3B	172
Q4 2025	$1.3B	164
Q3 2025	$1.3B	169
Q2 2025	$1.2B	156
Q1 2025	$1.0B	160
Q4 2024	$1.0B	142
Q3 2024	$1.1B	144
Q2 2024	$1.0B	142
Q1 2024	$1.1B	144
Q4 2023	$1.1B	145
Q3 2023	$975.9M	150

Questions about Penn Capital Management Company, LLC's portfolio

What stocks does Penn Capital Management Company, LLC own?

Penn Capital Management Company, LLC's latest 13F, for Q2 2026 and filed Jul 30, 2026, lists 185 positions worth $1.6B. The largest are Ouster Inc (OUST) at 2.6%, Acm Research Inc (ACMR) at 2.3%, Mirum Pharmaceuticals Inc (MIRM) at 2.2%, Ligand Pharmaceuticals Inc (LGND) at 2.0% and Tg Therapeutics Inc (TGTX) at 1.9%.

What did Penn Capital Management Company, LLC buy last quarter?

In Q2 2026, Penn Capital Management Company, LLC added Kiniksa Pharmaceuticals Intl P (KNSA) (+21.9% shares), Fb Finl Corp (FBK) (+21.2% shares) and Newmark Group Inc (NMRK) (+20.9% shares), compared with its Q1 2026 filing.

What did Penn Capital Management Company, LLC sell last quarter?

In Q2 2026, Penn Capital Management Company, LLC cut from its top 50 Caesars Entertainment Inc Ne, cut from its top 50 Chemours Co (CC), cut from its top 50 Calix Inc (CALX), cut from its top 50 Ssr Mining in (SSRM), cut from its top 50 Amentum Hldgs Inc (AMTM), Ouster Inc (OUST) (-32.3% shares), Lindblad Expeditions Hldgs I (LIND) (-28.9% shares) and Acm Research Inc (ACMR) (-28.2% shares), compared with its Q1 2026 filing.

How has Penn Capital Management Company, LLC's portfolio performed?

A portfolio copying Penn Capital Management Company, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +9.7% against +20.1%. Over 5 years: +5.5% a year against +11.6%.

When is Penn Capital Management Company, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Penn Capital Management Company, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Penn Capital Management Company, LLC manage?

Penn Capital Management Company, LLC reported $1.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.6B.