Penn Capital Management’s HERCULES OFFSHORE INC COM STK HERO Stock Holding History

Penn Capital Management’s Portfolio HERO Stock Details HERO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-4,058,944	Closed	-$16.3M	–	298
2014 Q2	$16.3M	Sell	4,058,944 -1,442,833	-26%	-$6.44M	0.63%	53
2014 Q1	$25.3M	Buy	5,501,777 +58,592	+1%	+$294K	0.96%	20
2013 Q4	$35.5M	Buy	5,443,185 +703,552	+15%	+$4.75M	1.28%	8
2013 Q3	$34.9M	Buy	4,739,633 +434,265	+10%	+$3.17M	1.45%	3
2013 Q2	$30.3M	Buy	+4,305,368	New	+$30.5M	1.24%	4

Other funds holding HERO

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

HCM

Hodges Capital Management Dallas, Texas $1.51B AUM 85.85% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

HCM

Hirzel Capital Management Dallas, Texas $15.1M AUM 5.29% 1-Year Est. Return

WCM

Wedge Capital Management Charlotte, North Carolina $6.06B AUM 47.24% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

TAM

Tocqueville Asset Management New York $7.56B AUM 44.87% 1-Year Est. Return

Penn Capital Management's HERO Position: Q3 2014 in Review

Penn Capital Management sold out of HERCULES OFFSHORE INC COM STK (HERO) in Q3 2014, closing a stake of 4,058,944 shares — an estimated $16.3M sold.

Penn Capital Management first reported a position in HERO in Q2 2013 and held it in 5 quarters. The position peaked at $35.5M in Q4 2013. 144 funds tracked by Wall St. Rank hold HERO as of Q3 2014.

Penn Capital Management reported no remaining HERCULES OFFSHORE INC COM STK position as of Q3 2014 after selling out during the quarter.
Penn Capital Management sold 4,058,944 HERCULES OFFSHORE INC COM STK shares in Q3 2014, an estimated $16.3M.
Penn Capital Management first reported a position in HERCULES OFFSHORE INC COM STK in Q2 2013 and held it in 5 quarters.
Penn Capital Management's HERCULES OFFSHORE INC COM STK position peaked at $35.5M in Q4 2013.
144 funds tracked by Wall St. Rank held HERCULES OFFSHORE INC COM STK as of Q3 2014.

Based on Penn Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.