We are live on ! Find out more
PCM

Pennant Capital Management Portfolio holdings

AUM $212M
1-Year Est. Return 19.37%
This Fund
S&P 500
This Quarter Est. Return
+6.3%
1 Year Est. Return
+19.37%
3 Year Est. Return
+35.16%
5 Year Est. Return
+101.64%
10 Year Est. Return
–
AUM
$212M
AUM Growth
-$6.23M
Cap. Flow
-$15.4M
Cap. Flow %
-7.27%
Top 10 Hldgs %
73.56%
Holding
26
New
4
Increased
8
Reduced
5
Closed
6

Top Buys

1
NRG icon
NRG Energy
NRG
+$12.1M
2
TDG icon
TransDigm Group
TDG
+$10.3M
3
AMZN icon
Amazon
AMZN
+$7.94M
4
AR icon
Antero Resources
AR
+$6.87M
5
FG
FGL Holdings Ordinary Shares
FG
+$6.15M

Top Sells

1
NXTM
NxStage Medical Inc.
NXTM
+$37.4M
2
UPL
Ultra Petroleum Corp. Common Stock
UPL
+$9.59M
3
TMH
Team Health Holdings Inc
TMH
+$9.15M
4
CDK
CDK Global, Inc.
CDK
+$6.33M
5
ZAYO
Zayo Group Holdings, Inc.
ZAYO
+$5.88M

Sector Composition

1 Technology 23.77%
2 Industrials 14.82%
3 Financials 13.76%
4 Energy 12.66%
5 Communication Services 12.43%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TMH
26
DELISTED
Team Health Holdings Inc
TMH
– –
-1,158,131
Closed -$9.15M
1
2

Similar funds

OA
Outfitter Advisors Mclean, Virginia $221M AUM 13.61% 1-Year Est. Return
BI
Boulegeris Investments Sandy Springs, Georgia $200M AUM 7% 1-Year Est. Return
ACM
AidennLair Capital Management New York $200M AUM 4.39% 1-Year Est. Return
SSM
Sutton Square Management New York $193M AUM
ESG
Emerging Sovereign Group New York $252M AUM 22.55% 1-Year Est. Return
XGI
XL Group Investments Hamilton, Bermuda $169M AUM 13.59% 1-Year Est. Return
MGA
MatlinPatterson Global Advisers New York $163M AUM 32.35% 1-Year Est. Return
VNA
VNBTrust National Association Charlottesville, Virginia $271M AUM 13.22% 1-Year Est. Return

Pennant Capital Management's Q2 2018 Portfolio in Review

As of Q2 2018, Pennant Capital Management held 26 positions worth $212M, down 2.9% from $218M the previous quarter. Its ten largest holdings account for 74% of the portfolio.

Pennant Capital Management withdrew a net $15.4M in Q2 2018, closing 6 positions and reducing 5 holdings. Its most notable exit was Ultra Petroleum Corp. Common Stock, an estimated $9.59M position sold in full.

By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Industrials and Financials.

Against the trend, Pennant Capital Management opened a new position in Amazon worth $8.5M.

  • Pennant Capital Management's largest Q2 2018 buy was Amazon: 100,000 shares worth $8.5M.
  • Pennant Capital Management added most to NRG Energy in Q2 2018, an estimated $12.1M increase.
  • Pennant Capital Management's biggest Q2 2018 reduction was NxStage Medical Inc., cutting an estimated $37.4M.
  • Pennant Capital Management fully exited Ultra Petroleum Corp. Common Stock in Q2 2018, selling an estimated $9.59M.
  • Pennant Capital Management's ten largest holdings make up 74% of its $212M portfolio in Q2 2018.
  • Pennant Capital Management opened 4 new positions and closed 6 in Q2 2018.
  • Pennant Capital Management's portfolio value fell 2.9% quarter-over-quarter to $212M.

Based on Pennant Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.