Q4 2025 · 13F-HR
Penn Capital Management Company, LLCholdings as filed
Filed 2026-02-09 · accession 0001420506-26-000232
$1.25B
Reported value
165
Positions
2025-12-31
Period end
The Brief · Penn Capital Management Company, LLC · Q4 2025
AI · grounded in 13F
Penn Capital Management Company, LLC closed its position in GDEN for a reduction of $16.01M. The fund also exited positions in CDE and TMHC, totaling $15.11M and $13.20M respectively. On the buy side, the manager established new positions in EGO for $18.30M and ACMR for $17.21M. Additionally, the fund added a new position in SLNO valued at $12.80M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 02081G201 | ATEC | ALPHATEC HLDGS INC | $22.6M | 1.80% | 1,073,090 | Common | SOLE |
| G48833118 | WFRD | WEATHERFORD INTL PLC | $22.5M | 1.80% | 287,065 | Common | SOLE |
| 604749101 | MIRM | MIRUM PHARMACEUTICALS INC | $22.3M | 1.78% | 281,918 | Common | SOLE |
| 023939101 | AMTM | AMENTUM HOLDINGS INC | $21.6M | 1.72% | 743,937 | Common | SOLE |
| 65336K103 | NXST | NEXSTAR MEDIA GROUP INC | $21.1M | 1.68% | 103,668 | Common | SOLE |
| 88339P101 | REAL | THE REALREAL INC | $21.1M | 1.68% | 1,336,674 | Common | SOLE |
| 402635502 | GPOR | GULFPORT ENERGY CORP | $20.2M | 1.61% | 96,798 | Common | SOLE |
| 03076K108 | ABCB | AMERIS BANCORP | $20.2M | 1.61% | 270,921 | Common | SOLE |
| 750491102 | RDNT | RADNET INC | $19.6M | 1.56% | 274,367 | Common | SOLE |
| 415858109 | HROW | HARROW INC | $19.3M | 1.53% | 392,067 | Common | SOLE |
| 05990K106 | BANC | BANC OF CALIFORNIA INC | $19.1M | 1.52% | 988,064 | Common | SOLE |
| 53220K504 | LGND | LIGAND PHARMACEUTICALS INC | $18.7M | 1.49% | 98,848 | Common | SOLE |
| 65158N102 | NMRK | NEWMARK GROUP INC | $18.7M | 1.49% | 1,074,219 | Common | SOLE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $18.5M | 1.48% | 2,376,354 | Common | SOLE |
| 284902509 | EGO | ELDORADO GOLD CORP NEW | $18.3M | 1.46% | 508,439 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $17.8M | 1.42% | 759,842 | Common | SOLE |
| 267475101 | DY | DYCOM INDS INC | $17.8M | 1.42% | 52,521 | Common | SOLE |
| 25432X102 | DCOM | DIME CMNTY BANCSHARES INC | $17.2M | 1.37% | 571,625 | Common | SOLE |
| 00108J109 | ACMR | ACM RESH INC | $17.2M | 1.37% | 435,843 | Common | SOLE |
| 33748L101 | FWRG | FIRST WATCH RESTAURANT GROUP | $17.1M | 1.36% | 1,131,552 | Common | SOLE |
| 68989M202 | OUST | OUSTER INC | $16.8M | 1.34% | 775,297 | Common | SOLE |
| 98956A105 | ZETA | ZETA GLOBAL HOLDINGS CORP | $16.8M | 1.34% | 824,085 | Common | SOLE |
| 00847J105 | AGYS | AGILYSYS INC | $16.6M | 1.32% | 139,024 | Common | SOLE |
| 163086101 | CHEF | CHEFS WHSE INC | $16.5M | 1.32% | 264,614 | Common | SOLE |
| 88224Q107 | TCBI | TEXAS CAP BANCSHARES INC | $16.5M | 1.32% | 182,055 | Common | SOLE |
| 30226D106 | EXTR | EXTREME NETWORKS | $16.4M | 1.31% | 981,278 | Common | SOLE |
| 163851108 | CC | CHEMOURS CO | $16.4M | 1.30% | 1,386,819 | Common | SOLE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $16.3M | 1.30% | 309,427 | Common | SOLE |
| 88322Q108 | TGTX | TG THERAPEUTICS INC | $16.1M | 1.28% | 538,117 | Common | SOLE |
| 733174700 | BPOP | POPULAR INC | $15.9M | 1.27% | 127,202 | Common | SOLE |
| M8740S227 | TATT | TAT TECHNOLOGIES LTD | $15.8M | 1.26% | 353,577 | Common | SOLE |
| 67011P100 | DNOW | DNOW INC | $15.7M | 1.25% | 1,179,012 | Common | SOLE |
| 03823U102 | AAOI | APPLIED OPTOELECTRONICS INC | $15.6M | 1.24% | 446,032 | Common | SOLE |
| H8817H100 | RIG | TRANSOCEAN LTD | $15.6M | 1.24% | 3,755,392 | Common | SOLE |
| 30257X104 | FBK | FB FINL CORP | $15.3M | 1.22% | 274,255 | Common | SOLE |
| 389375106 | GTN | GRAY MEDIA INC | $15.3M | 1.22% | 3,147,855 | Common | SOLE |
| 81282V100 | PRKS | UNITED PARKS & RESORTS INC | $15.1M | 1.20% | 414,124 | Common | SOLE |
| 498894104 | KNF | KNIFE RIVER CORP | $14.9M | 1.19% | 211,725 | Common | SOLE |
| 607828100 | MOD | MODINE MFG CO | $14.7M | 1.18% | 110,193 | Common | SOLE |
| 782011100 | RSI | RUSH STREET INTERACTIVE INC | $14.4M | 1.14% | 738,220 | Common | SOLE |
| G39108108 | GTES | GATES INDL CORP PLC | $14.1M | 1.12% | 654,191 | Common | SOLE |
| 589378108 | MRCY | MERCURY SYS INC | $14.0M | 1.12% | 191,883 | Common | SOLE |
| 918284100 | VSEC | VSE CORP | $14.0M | 1.12% | 80,918 | Common | SOLE |
| 53190C102 | LTH | LIFE TIME GROUP HOLDINGS INC | $13.7M | 1.09% | 514,571 | Common | SOLE |
| 535219109 | LIND | LINDBLAD EXPEDITIONS HLDGS I | $13.7M | 1.09% | 947,890 | Common | SOLE |
| G3934V109 | GENI | GENIUS SPORTS LIMITED | $13.7M | 1.09% | 1,239,059 | Common | SOLE |
| 103304101 | BYD | BOYD GAMING CORP | $13.6M | 1.08% | 159,328 | Common | SOLE |
| 13100M509 | CALX | CALIX INC | $13.4M | 1.07% | 253,087 | Common | SOLE |
| M20791105 | CAMT | CAMTEK LTD | $13.3M | 1.06% | 124,487 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $13.3M | 1.06% | 288,343 | Common | SOLE |
| 707569109 | PENN | PENN ENTERTAINMENT INC | $13.2M | 1.05% | 893,055 | Common | SOLE |
| 811054402 | SSP | SCRIPPS E W CO OHIO | $13.1M | 1.04% | 3,282,529 | Common | SOLE |
| 05969A105 | TBBK | BANCORP INC DEL | $12.9M | 1.03% | 190,838 | Common | SOLE |
| 834203309 | SLNO | SOLENO THERAPEUTICS INC | $12.8M | 1.02% | 275,782 | Common | SOLE |
| 52110M109 | LAZ | LAZARD INC | $12.8M | 1.02% | 261,866 | Common | SOLE |
| 03168L105 | AMRX | AMNEAL PHARMACEUTICALS INC | $12.7M | 1.01% | 1,001,951 | Common | SOLE |
| 63001N106 | NATL | NCR ATLEOS CORPORATION | $12.3M | 0.98% | 321,200 | Common | SOLE |
| 92552R406 | PRSU | PURSUIT ATTRACTIONS AND HOSP | $12.3M | 0.98% | 363,936 | Common | SOLE |
| 74982T103 | RXO | RXO INC | $12.2M | 0.97% | 960,118 | Common | SOLE |
| 81617J301 | WTTR | SELECT WATER SOLUTIONS INC | $12.1M | 0.97% | 1,151,131 | Common | SOLE |
| M84137104 | SMWB | SIMILARWEB LTD | $11.9M | 0.95% | 1,588,680 | Common | SOLE |
| 13057Q305 | CRC | CALIFORNIA RES CORP | $11.8M | 0.94% | 262,676 | Common | SOLE |
| 78377T107 | RHP | RYMAN HOSPITALITY PPTYS INC | $11.5M | 0.92% | 121,198 | Common | SOLE |
| 55955D100 | MGNI | MAGNITE INC | $11.3M | 0.90% | 694,766 | Common | SOLE |
| 59356Q108 | MIAX | MIAMI INTL HLDGS INC | $11.2M | 0.89% | 252,125 | Common | SOLE |
| 00182C103 | ANIP | ANI PHARMACEUTICALS INC | $10.9M | 0.87% | 137,394 | Common | SOLE |
| 155923105 | CTRI | CENTURI HOLDINGS INC | $10.7M | 0.85% | 421,536 | Common | SOLE |
| 665531307 | NOG | NORTHERN OIL & GAS INC | $10.7M | 0.85% | 494,843 | Common | SOLE |
| 85256A109 | STGW | STAGWELL INC | $10.6M | 0.85% | 2,165,045 | Common | SOLE |
| G1890L107 | CPRI | CAPRI HOLDINGS LIMITED | $9.9M | 0.79% | 405,546 | Common | SOLE |
| 302301106 | EZPW | EZCORP INC | $9.6M | 0.77% | 495,962 | Common | SOLE |
| 465741106 | ITRI | ITRON INC | $9.6M | 0.76% | 102,832 | Common | SOLE |
| 946784105 | WAY | WAYSTAR HLDG CORP | $9.0M | 0.71% | 272,798 | Common | SOLE |
| 912932100 | UNIT | UNITI GROUP LLC | $8.9M | 0.71% | 1,268,710 | Common | SOLE |
| 046224101 | ASTE | ASTEC INDS INC | $8.9M | 0.71% | 204,535 | Common | SOLE |
| 68373M107 | OPRA | OPERA LTD | $7.5M | 0.60% | 532,279 | Common | SOLE |
| 359694106 | FUL | FULLER H B CO | $7.5M | 0.59% | 125,083 | Common | SOLE |
| F21107101 | CSTM | CONSTELLIUM SE | $6.9M | 0.55% | 365,194 | Common | SOLE |
| 36831E108 | GCMG | GCM GROSVENOR INC | $5.1M | 0.41% | 449,973 | Common | SOLE |
| 70014A104 | PKE | PARK AEROSPACE CORP | $3.7M | 0.29% | 173,151 | Common | SOLE |
| 922908652 | VXF | VANGUARD INDEX FDS | $3.2M | 0.26% | 15,384 | Common | SOLE |
| M85548101 | SSYS | STRATASYS LTD | $2.9M | 0.23% | 334,760 | Common | SOLE |
| 987184108 | YORW | YORK WTR CO | $2.8M | 0.23% | 89,386 | Common | SOLE |
| 12448X201 | BYRN | BYRNA TECHNOLOGIES INC | $2.8M | 0.22% | 165,881 | Common | SOLE |
| 128246105 | CVGW | CALAVO GROWERS INC | $2.8M | 0.22% | 126,973 | Common | SOLE |
| 10948C107 | BV | BRIGHTVIEW HLDGS INC | $2.7M | 0.21% | 210,323 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $2.6M | 0.21% | 10,761 | Common | SOLE |
| 860372101 | STC | STEWART INFORMATION SVCS COR | $2.6M | 0.21% | 37,433 | Common | SOLE |
| 596680108 | MSEX | MIDDLESEX WTR CO | $2.6M | 0.20% | 50,956 | Common | SOLE |
| 880345103 | TNC | TENNANT CO | $2.5M | 0.20% | 34,523 | Common | SOLE |
| 02361E108 | AMRC | AMERESCO INC | $2.4M | 0.19% | 82,659 | Common | SOLE |
| 88554D205 | DDD | 3-D SYS CORP DEL | $2.3M | 0.18% | 1,292,379 | Common | SOLE |
| 576323109 | MTZ | MASTEC INC | $2.3M | 0.18% | 10,245 | Common | SOLE |
| 207410101 | CNMD | CONMED CORP | $2.1M | 0.17% | 51,493 | Common | SOLE |
| 55024U109 | LITE | LUMENTUM HLDGS INC | $2.0M | 0.16% | 5,330 | Common | SOLE |
| 591520200 | MEI | METHODE ELECTRS INC | $2.0M | 0.16% | 296,267 | Common | SOLE |
| 81619Q105 | SEM | SELECT MED HLDGS CORP | $1.9M | 0.15% | 128,907 | Common | SOLE |
| 98423F109 | XMTR | XOMETRY INC | $1.9M | 0.15% | 31,566 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $1.8M | 0.15% | 16,369 | Common | SOLE |
| 90385V107 | UCTT | ULTRA CLEAN HLDGS INC | $1.8M | 0.14% | 69,813 | Common | SOLE |
| 558868105 | MDGL | MADRIGAL PHARMACEUTICALS INC | $1.7M | 0.14% | 2,902 | Common | SOLE |
| 008252108 | AMG | AFFILIATED MANAGERS GROUP IN | $1.7M | 0.13% | 5,734 | Common | SOLE |
| G6375R107 | NESR | NATIONAL ENERGY SERVICES REU | $1.6M | 0.13% | 101,322 | Common | SOLE |
| 88556E102 | TDUP | THREDUP INC | $1.6M | 0.12% | 245,298 | Common | SOLE |
| 750917106 | RMBS | RAMBUS INC DEL | $1.6M | 0.12% | 16,705 | Common | SOLE |
| H8088L103 | SRAD | SPORTRADAR GROUP AG | $1.5M | 0.12% | 62,938 | Common | SOLE |
| 379463102 | GWRS | GLOBAL WTR RES INC | $1.5M | 0.12% | 177,767 | Common | SOLE |
| 42226A107 | HQY | HEALTHEQUITY INC | $1.5M | 0.12% | 15,944 | Common | SOLE |
| 144285103 | CRS | CARPENTER TECHNOLOGY CORP | $1.5M | 0.12% | 4,552 | Common | SOLE |
| 52661A108 | DRS | LEONARDO DRS INC | $1.3M | 0.10% | 36,293 | Common | SOLE |
| 705573103 | PEGA | PEGASYSTEMS INC | $1.2M | 0.10% | 19,623 | Common | SOLE |
| G66721104 | NCLH | NORWEGIAN CRUISE LINE HLDG L | $1.2M | 0.09% | 51,749 | Common | SOLE |
| 26142V105 | DKNG | DRAFTKINGS INC NEW | $1.2M | 0.09% | 32,837 | Common | SOLE |
| 747316107 | KWR | QUAKER HOUGHTON | $1.1M | 0.09% | 8,340 | Common | SOLE |
| 68268W103 | OMF | ONEMAIN HLDGS INC | $1.1M | 0.09% | 16,213 | Common | SOLE |
| 15118V207 | CELH | CELSIUS HLDGS INC | $1.1M | 0.09% | 23,276 | Common | SOLE |
| 28417M109 | ELWT | ELAUWIT CONNECTION INC | $1.0M | 0.08% | 202,135 | Common | SOLE |
| 06652N107 | BSVN | BANK7 CORP | $776,407 | 0.06% | 18,946 | Common | SOLE |
| 67103X102 | OFG | OFG BANCORP | $773,293 | 0.06% | 18,870 | Common | SOLE |
| 66765N105 | NWN | NORTHWEST NAT HLDG CO | $759,852 | 0.06% | 16,257 | Common | SOLE |
| 25520W107 | DEC | DIVERSIFIED ENERGY CO | $757,043 | 0.06% | 52,282 | Common | SOLE |
| 03843E104 | AQST | AQUESTIVE THERAPEUTICS INC | $748,947 | 0.06% | 115,936 | Common | SOLE |
| 357023100 | RAIL | FREIGHTCAR AMER INC | $734,052 | 0.06% | 66,310 | Common | SOLE |
| 228903100 | AORT | ARTIVION INC | $723,876 | 0.06% | 15,871 | Common | SOLE |
| 88422P109 | TCBX | THIRD COAST BANCSHARES INC | $719,301 | 0.06% | 18,924 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $694,780 | 0.06% | 35,321 | Common | SOLE |
| 00218A105 | ASPI | ASP ISOTOPES INC | $679,001 | 0.05% | 126,916 | Common | SOLE |
| 20112C106 | CBK | COMMERCIAL BANCGROUP INC | $677,144 | 0.05% | 27,571 | Common | SOLE |
| 55826T102 | SPHR | SPHERE ENTERTAINMENT CO | $659,095 | 0.05% | 6,932 | Common | SOLE |
| 651718504 | NPKI | NPK INTERNATIONAL INC | $632,618 | 0.05% | 53,072 | Common | SOLE |
| 683797104 | OPY | OPPENHEIMER HLDGS INC | $625,959 | 0.05% | 8,659 | Common | SOLE |
| 18453H106 | CCO | CLEAR CHANNEL OUTDOOR HLDGS | $623,717 | 0.05% | 282,225 | Common | SOLE |
| 22284P105 | CVLG | COVENANT LOGISTICS GROUP INC | $614,277 | 0.05% | 27,871 | Common | SOLE |
| 71367G102 | PWP | PERELLA WEINBERG PARTNERS | $596,227 | 0.05% | 34,464 | Common | SOLE |
| 576690101 | MTRN | MATERION CORP | $593,006 | 0.05% | 4,770 | Common | SOLE |
| 922908769 | VTI | VANGUARD INDEX FDS | $592,608 | 0.05% | 1,767 | Common | SOLE |
| 264147109 | DCO | DUCOMMUN INC DEL | $590,852 | 0.05% | 6,211 | Common | SOLE |
| G8588X103 | SGHC | SUPER GROUP SGHC LIMITED | $589,398 | 0.05% | 49,322 | Common | SOLE |
| 12326C105 | BFST | BUSINESS FIRST BANCSHARES IN | $573,930 | 0.05% | 21,956 | Common | SOLE |
| 693282105 | PDFS | PDF SOLUTIONS INC | $569,915 | 0.05% | 19,976 | Common | SOLE |
| 825704109 | SIBN | SI-BONE INC | $565,885 | 0.05% | 28,696 | Common | SOLE |
| 10482B101 | BHR | BRAEMAR HOTELS & RESORTS INC | $551,462 | 0.04% | 192,147 | Common | SOLE |
| 42722X106 | HFWA | HERITAGE FINL CORP WASH | $537,683 | 0.04% | 22,735 | Common | SOLE |
| M51474118 | GILT | GILAT SATELLITE NETWORKS LTD | $529,155 | 0.04% | 40,893 | Common | SOLE |
| M8216R109 | RSKD | RISKIFIED LTD | $522,486 | 0.04% | 105,128 | Common | SOLE |
| 56146T103 | MAMA | MAMAS CREATIONS INC | $515,358 | 0.04% | 38,203 | Common | SOLE |
| 45782N108 | INSE | INSPIRED ENTMT INC | $514,519 | 0.04% | 54,970 | Common | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $512,877 | 0.04% | 56,860 | Common | SOLE |
| 03213A104 | AMPL | AMPLITUDE INC | $508,837 | 0.04% | 43,941 | Common | SOLE |
| 82706C108 | SIMO | SILICON MOTION TECHNOLOGY CO | $460,719 | 0.04% | 4,970 | Common | SOLE |
| 319829107 | FCF | FIRST COMWLTH FINL CORP PA | $458,895 | 0.04% | 27,218 | Common | SOLE |
| 89422G107 | TVTX | TRAVERE THERAPEUTICS INC | $453,438 | 0.04% | 11,867 | Common | SOLE |
| G4412G101 | HLF | HERBALIFE LTD | $449,268 | 0.04% | 34,854 | Common | SOLE |
| 203668108 | CYH | COMMUNITY HEALTH SYS INC NEW | $446,647 | 0.04% | 143,156 | Common | SOLE |
| G96115103 | WYFI | WHITEFIBER INC | $423,503 | 0.03% | 26,804 | Common | SOLE |
| 178867107 | CIVB | CIVISTA BANCSHARES INC | $419,314 | 0.03% | 18,871 | Common | SOLE |
| 98422E103 | XERS | XERIS BIOPHARMA HOLDINGS INC | $377,302 | 0.03% | 48,064 | Common | SOLE |
| 829242106 | SBGI | SINCLAIR INC | $375,676 | 0.03% | 24,554 | Common | SOLE |
| 45688C107 | NGVT | INGEVITY CORP | $369,816 | 0.03% | 6,249 | Common | SOLE |
| 75776W103 | RDW | REDWIRE CORPORATION | $350,330 | 0.03% | 46,096 | Common | SOLE |
| 922908751 | VB | VANGUARD INDEX FDS | $314,952 | 0.03% | 1,221 | Common | SOLE |
| L72967109 | OEC | ORION S.A. | $310,385 | 0.02% | 58,785 | Common | SOLE |
| 12685JAE5 | CABO 0 03/15/26 | CABLE ONE INC | $285,650 | 0.02% | 290,000 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $219,656 | 0.02% | 586 | Common | SOLE |
| M5R635108 | INVZ | INNOVIZ TECHNOLOGIES LTD | $188,294 | 0.02% | 220,717 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.