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
+3.25%
1 Year Est. Return
+19.37%
3 Year Est. Return
+35.16%
5 Year Est. Return
+101.64%
10 Year Est. Return
–
AUM
$3.93B
AUM Growth
-$800M
(-17%)
Cap. Flow
-$923M
Cap. Flow
% of AUM
-23.48%
Top 10 Holdings %
Top 10 Hldgs %
43.29%
Holding
39
New
3
Increased
6
Reduced
27
Closed
1
Top Buys
| 1 |
Kinder Morgan
KMI
|
+$169M |
| 2 |
Pfizer
PFE
|
+$100M |
| 3 |
AGN
Allergan plc
AGN
|
+$33.9M |
| 4 |
Molson Coors Class B
TAP
|
+$33.3M |
| 5 |
Range Resources
RRC
|
+$31M |
Top Sells
| 1 |
NVR
NVR
|
+$132M |
| 2 |
Booking.com
BKNG
|
+$129M |
| 3 |
TransDigm Group
TDG
|
+$113M |
| 4 |
Constellation Brands
STZ
|
+$110M |
| 5 |
MON
Monsanto Co
MON
|
+$92.2M |
Sector Composition
| 1 | Consumer Discretionary | 23.71% |
| 2 | Industrials | 16.77% |
| 3 | Consumer Staples | 13.13% |
| 4 | Healthcare | 12.96% |
| 5 | Energy | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
1
DELISTED
Allergan plc
AGN
| $239M | 6.09% |
765,800
+113,700
| +17% | +$33.9M |
|
|
2
TransDigm Group
TDG
$67.9B
| $201M | 5.11% |
878,736
-501,015
| -36% | -$113M |
|
3
Signet Jewelers
SIG
$3.56B
| $196M | 5% |
1,588,401
-519,684
| -25% | -$70.4M |
|
|
4
Molson Coors Class B
TAP
$7.68B
| $196M | 4.97% |
2,081,950
+369,300
| +22% | +$33.3M |
|
|
5
Constellation Brands
STZ
$22.7B
| $179M | 4.55% |
1,257,029
-798,600
| -39% | -$110M |
|
6
Dollar Tree
DLTR
$24.2B
| $141M | 3.6% |
1,832,298
-558,300
| -23% | -$39M |
|
7
LKQ Corp
LKQ
$6.47B
| $139M | 3.54% |
4,695,175
-8,624
| -0.2% | -$250K |
|
8
Middleby
MIDD
$6.02B
| $137M | 3.5% |
1,273,832
-559,961
| -31% | -$62.4M |
|
|
WBC
9
DELISTED
WABCO HOLDINGS INC.
WBC
| $137M | 3.47% |
1,335,073
-247,300
| -16% | -$26.3M |
|
|
WCG
10
DELISTED
Wellcare Health Plans, Inc.
WCG
| $136M | 3.47% |
1,743,556
-987,568
| -36% | -$81.8M |
|
11
Marathon Petroleum
MPC
$91.3B
| $136M | 3.46% |
2,621,366
-1,615,300
| -38% | -$84.5M |
|
|
12
NVR
NVR
$17.5B
| $133M | 3.39% |
81,027
-80,710
| -50% | -$132M |
|
|
TMH
13
DELISTED
Team Health Holdings Inc
TMH
| $128M | 3.24% |
2,905,943
-193,250
| -6% | -$10.2M |
|
|
MFRM
14
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $121M | 3.09% |
2,718,389
-17,500
| -0.6% | -$793K |
|
|
15
Booking.com
BKNG
$141B
| $115M | 2.93% |
2,258,475
-2,451,250
| -52% | -$129M |
|
16
United Airlines
UAL
$37.5B
| $112M | 2.86% |
1,963,100
+518,600
| +36% | +$29.9M |
|
|
MON
17
DELISTED
Monsanto Co
MON
| $110M | 2.81% |
1,119,440
-981,511
| -47% | -$92.2M |
|
|
18
Kinder Morgan
KMI
$71.9B
| $106M | 2.7% |
+7,107,480
| New | +$169M |
|
|
CST
19
DELISTED
CST Brands, Inc.
CST
| $104M | 2.65% |
2,665,341
-804,900
| -23% | -$29.5M |
|
20
Manitowoc
MTW
$468M
| $103M | 2.62% |
7,421,268
-3,583,387
| -33% | -$50.8M |
|
|
HOUS
21
DELISTED
Anywhere Real Estate
HOUS
| $102M | 2.6% |
2,783,126
-681,219
| -20% | -$26.9M |
|
22
Corpay
CPAY
$23.9B
| $100M | 2.55% |
702,400
-213,250
| -23% | -$31.3M |
|
|
IPXL
23
DELISTED
Impax Laboratories, Inc.
IPXL
| $99.3M | 2.53% |
2,321,581
-722,200
| -24% | -$28.8M |
|
|
24
Pfizer
PFE
$143B
| $97.7M | 2.49% |
+3,190,500
| New | +$100M |
|
25
DaVita
DVA
$15.2B
| $89.7M | 2.28% |
1,286,097
-713,700
| -36% | -$52.3M |
|
Similar funds
OA
BI
ACM
SSM
ESG
XGI
MGA
VNA
Pennant Capital Management's Q4 2015 Portfolio in Review
As of Q4 2015, Pennant Capital Management held 39 positions worth $3.93B, down 17% from $4.73B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Pennant Capital Management withdrew a net $923M in Q4 2015, closing 1 position and reducing 27 holdings. Its most notable exit was Envision Healthcare Holdings Inc, an estimated $82.7M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 24% of assets, down from 28% a quarter earlier, followed by Industrials and Consumer Staples.
Against the trend, Pennant Capital Management opened a new position in Kinder Morgan worth $106M.
- Pennant Capital Management's largest Q4 2015 buy was Kinder Morgan: 7,107,480 shares worth $106M.
- Pennant Capital Management added most to Allergan plc in Q4 2015, an estimated $33.9M increase.
- Pennant Capital Management's biggest Q4 2015 reduction was NVR, cutting an estimated $132M.
- Pennant Capital Management fully exited Envision Healthcare Holdings Inc in Q4 2015, selling an estimated $82.7M.
- Pennant Capital Management's ten largest holdings make up 43% of its $3.93B portfolio in Q4 2015.
- Pennant Capital Management opened 3 new positions and closed 1 in Q4 2015.
- Pennant Capital Management's portfolio value fell 17% quarter-over-quarter to $3.93B.
Based on Pennant Capital Management's 13F filing for Q4 2015, filed 16 Feb 2016.