Pennant Capital Management’s Universal Stainless & Alloy USAP Stock Holding History

Pennant Capital Management’s Portfolio USAP Stock Details USAP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-86,833	Closed	-$2.06M	–	16
2018 Q2	$2.06M	Sell	86,833 -51,178	-37%	-$1.39M	0.97%	20
2018 Q1	$3.79M	Sell	138,011 -258,073	-65%	-$6.52M	1.74%	22
2017 Q4	$8.48M	Sell	396,084 -59,157	-13%	-$1.24M	0.77%	30
2017 Q3	$9.49M	Sell	455,241 -71,953	-14%	-$1.37M	0.58%	36
2017 Q2	$10.3M	Sell	527,194 -155,000	-23%	-$2.79M	0.6%	32
2017 Q1	$11.6M	Hold	682,194	–	–	0.55%	36
2016 Q4	$9.22M	Hold	682,194	–	–	0.36%	37
2016 Q3	$7.16M	Hold	682,194	–	–	0.25%	38
2016 Q2	$7.44M	Sell	682,194 -21,025	-3%	-$241K	0.19%	39
2016 Q1	$7.17M	Hold	703,219	–	–	0.2%	36
2015 Q4	$6.53M	Sell	703,219 -145,000	-17%	-$1.49M	0.17%	38
2015 Q3	$8.97M	Sell	848,219 -294,802	-26%	-$3.99M	0.19%	36
2015 Q2	$22.5M	Hold	1,143,021	–	–	0.45%	32
2015 Q1	$30M	Hold	1,143,021	–	–	0.56%	36
2014 Q4	$28.7M	Hold	1,143,021	–	–	0.54%	30
2014 Q3	$30.1M	Hold	1,143,021	–	–	0.53%	32
2014 Q2	$37.1M	Hold	1,143,021	–	–	0.67%	32
2014 Q1	$38.6M	Hold	1,143,021	–	–	0.66%	33
2013 Q4	$41.2M	Hold	1,143,021	–	–	0.71%	32
2013 Q3	$36.8M	Buy	1,143,021 +10,000	+0.9%	+$288K	0.66%	32
2013 Q2	$33.4M	Buy	+1,133,021	New	+$36.3M	0.62%	33

Other funds holding USAP

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

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

Minerva Advisors Bala Cynwyd, Pennsylvania $155M AUM 35.49% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

NCGI

Next Century Growth Investors Plymouth, Minnesota $1.38B AUM 102.34% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

FHC

Forest Hill Capital Little Rock, Arkansas $152M AUM 64.38% 1-Year Est. Return

Pennant Capital Management's USAP Position: Q3 2018 in Review

Pennant Capital Management sold out of Universal Stainless & Alloy (USAP) in Q3 2018, closing a stake of 86,833 shares — an estimated $2.06M sold.

Pennant Capital Management first reported a position in USAP in Q2 2013 and held it in 21 quarters. The position peaked at $41.2M in Q4 2013. 84 funds tracked by Wall St. Rank hold USAP as of Q3 2018.

Pennant Capital Management reported no remaining Universal Stainless & Alloy position as of Q3 2018 after selling out during the quarter.
Pennant Capital Management sold 86,833 Universal Stainless & Alloy shares in Q3 2018, an estimated $2.06M.
Pennant Capital Management first reported a position in Universal Stainless & Alloy in Q2 2013 and held it in 21 quarters.
Pennant Capital Management's Universal Stainless & Alloy position peaked at $41.2M in Q4 2013.
84 funds tracked by Wall St. Rank held Universal Stainless & Alloy as of Q3 2018.

Based on Pennant Capital Management's 13F filing for Q3 2018.