1y return+32.2%S&P 500 +20.9%
3y return+60.1%S&P 500 +68.5%
5y return+40.4%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2019: $234 against $264 in the S&P 500.2
Penn Capital Management Company, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| OUSTOuster Inc | $41.1M | 2.6% | −32.3% |
| ACMRAcm Resh Inc | $36.3M | 2.3% | −28.2% |
| MIRMMirum Pharmaceuticals Inc | $35.1M | 2.2% | +16.4% |
| LGNDLigand Pharmaceuticals Inc | $31.7M | 2.0% | +5.1% |
| TGTXTg Therapeutics Inc | $29.5M | 1.9% | −1.1% |
| RXORxo Inc | $27.0M | 1.7% | −27.6% |
| LGNLegence Corp | $26.6M | 1.7% | −12.5% |
| PRKSUnited Parks & Resorts Inc | $25.5M | 1.6% | +17.8% |
| PENNPenn Entertainment Inc | $25.4M | 1.6% | +6.2% |
| WOLFWolfspeed Inc | $24.8M | 1.6% | New |
| COMPCompass Inc | $24.8M | 1.6% | New |
| BANCBanc Of California Inc | $24.5M | 1.6% | −1.1% |
| WTTRSelect Water Solutions Inc | $24.5M | 1.6% | −16.2% |
| AGYSAgilysys Inc | $24.2M | 1.5% | +18.9% |
| Constellium SeCUSIP F21107101 | $23.9M | 1.5% | −11.3% |
| Kiniksa Pharmaceuticals IntlCUSIP G52694109 | $23.6M | 1.5% | +21.9% |
| Gates Indl Corp PLCCUSIP G39108108 | $23.5M | 1.5% | +5.1% |
| ABCBAmeris Bancorp | $23.5M | 1.5% | −1.1% |
| DCOMDime Coml Bancshares Inc | $22.9M | 1.5% | −7.7% |
| RHPRyman Hospitality Pptys Inc | $21.7M | 1.4% | +15.2% |
| CECOCeco Environmental Corp | $21.6M | 1.4% | New |
| WERNWerner Enterprises Inc | $21.5M | 1.4% | +10.8% |
| FBKFb Finl Corp | $21.5M | 1.4% | +21.2% |
| NMRKNewmark Group Inc | $21.1M | 1.3% | +20.9% |
| HRIHerc Hldgs Inc | $21.1M | 1.3% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| MIRMMirum Pharmaceuticals Inc | June 30, 2023 | +352.5% | $35.1M |
| Weatherford Intl PLCCUSIP G48833118 | June 30, 2021 | +347.8% | $18.5M |
| ABCBAmeris Bancorp | June 30, 2020 | +282.6% | $23.5M |
| SEISolaris Energy Infras Inc | March 31, 2025 | +269.8% | $18.1M |
| PRKSUnited Parks & Resorts Inc | June 30, 2020 | +222.3% | $25.5M |
| LGNDLigand Pharmaceuticals Inc | September 30, 2024 | +215.8% | $31.7M |
| Camtek LtdCUSIP M20791105 | March 31, 2025 | +178.2% | $19.1M |
| RSIRush Street Interactive Inc | March 31, 2025 | +177.4% | $17.7M |
| NMRKNewmark Group Inc | September 30, 2023 | +135.0% | $21.1M |
| FBKFb Finl Corp | June 30, 2020 | +123.4% | $21.5M |
Sold off last quarter
- CZRCaesars Entertainment Inc Ne was $23.7M
- AMTMAmentum Holdings Inc was $18.2M
- DYDycom Inds Inc was $15.1M
- AAOIApplied Optoelectronics Inc was $14.9M
- HROWHarrow Inc was $14.4M
- BYDBoyd Gaming Corp was $12.8M
- VSECVse Corp was $12.4M
- LAZLazard Inc was $11.3M
- ITRIItron Inc was $10.8M
- UNITUniti Group LLC was $10.7M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +18.6% | +14.8% |
| March 31, 2026 | +1.9% | −4.6% |
| December 31, 2025 | −1.4% | +2.4% |
| September 30, 2025 | +11.0% | +7.8% |
| June 30, 2025 | +13.4% | +10.5% |
| March 31, 2025 | −6.8% | −4.6% |
| December 31, 2024 | +4.8% | +2.1% |
| September 30, 2024 | +4.5% | +5.4% |
| June 30, 2024 | −3.6% | +4.0% |
| March 31, 2024 | +3.6% | +10.0% |
| December 31, 2023 | +12.6% | +11.2% |
| September 30, 2023 | −7.0% | −3.6% |
| June 30, 2023 | +5.9% | +8.3% |
| March 31, 2023 | +3.0% | +7.0% |
| December 31, 2022 | +9.4% | +7.1% |
| September 30, 2022 | −4.4% | −5.3% |
| June 30, 2022 | −20.8% | −16.5% |
| March 31, 2022 | −1.7% | −4.9% |
| December 31, 2021 | +2.1% | +10.7% |
| September 30, 2021 | −3.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Penn Capital Management Company, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1158202&type=13F-HR&dateb=&owner=include&count=40CIK 1158202
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1158202/000142050626001347/Filed July 30, 2026 · accession 0001420506-26-001347