Pennant Investors, LP

CIK 1759176 · View on SEC EDGAR ↗

Portfolio value
$334.9M
#4,845 of 9,443 by 13F value · top 51.3%
Positions
16
As of
June 30, 2026

Portfolio value QoQ: -7.2% 13F does not disclose cash

Top 10 holdings weight
78.90%
Top 25 holdings weight
100.00%
Positions above 1%
15
Effective number of positions
12.6

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 8.37% Est. buys $29,129,992 · sells $90,865,009

Median holding: 6.5 quarters Tracked Q4 2024–Q2 2026 · 66.7% still held

New positions
1
Increased
3
Decreased
6
Closed
2
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+97.1%
S&P 500 total return (same window)
+28.1%
Excess return
+69.0%

Annualized: +57.4% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 3.4%

Sector breakdown

Industrials
29.9%
Materials
20.0%
Communication Services
13.3%
Retail
11.5%
Technology
11.1%
Energy
10.4%
Other/Unmapped
3.8%

Full portfolio 16 positions

Type Streak 8Q trend
SOLS Solstice Advanced Materials Inc. - Common Stock $42,350,800 12.64% 478,000 $-6,010,800 Down ×2
AMZN Amazon.com, Inc. - Common Stock $38,611,080 11.53% 162,000 $14,243,490 Up ×1
MSFT Microsoft Corporation - Common Stock $37,302,000 11.14% 100,000 $507,102 Up ×2
SATS EchoStar Corporation - Common stock $27,593,892 8.24% 271,861 $-16,354,303 Down ×6
PRM Perimeter Solutions, SA Common Stock $24,562,850 7.33% 689,000 $1,650,785 Down ×5
TDG Transdigm Group Incorporated Common Stock $22,339,643 6.67% 16,771 $2,902,725
GEV GE Vernova Inc. Common Stock $18,210,330 5.44% 15,500 $315,880 Down ×2
VRT Vertiv Holdings, LLC Class A Common Stock $18,080,280 5.40% 54,000 $-9,232,940 Down ×1
EXE Expand Energy Corporation - Common Stock $17,873,240 5.34% 196,000 $-3,643,640
VMI Valmont Industries, Inc. Common Stock $17,328,000 5.17% 30,000 $5,340,900
GOOGL Alphabet Inc. - Class A Common Stock $17,118,023 5.11% 47,900 $1,618,539 Down ×3
AR Antero Resources Corporation Common Stock $16,867,200 5.04% 480,000 $-3,504,000
FLS Flowserve Corporation Common Stock $15,573,600 4.65% 210,000 $5,649,750 Up ×1
Unknown issuer (CUSIP: G9600F104) $12,618,880 3.77% 300,378 Up ×1
QXO QXO, Inc. Common Stock $8,501,760 2.54% 492,000 $-1,052,880
GRABW Grab Holdings Limited - Warrant $3,568 0.00% 80,000 $-2,928

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: G9600F104) $12,618,880 300,378 3.77%

Top movers (QoQ)

Security Action Shares Δ Value Δ
SATS Trimmed -104K -$16.4M
AMZN Bought more +45K +$14.2M
VRT Trimmed -55K -$9.2M
SOLS Trimmed -157K -$6.0M
FLS Bought more +75K +$5.6M
VMI Price move only +0 +$5.3M
EXE Price move only +0 -$3.6M
AR Price move only +0 -$3.5M
TDG Price move only +0 +$2.9M
PRM Trimmed -249K +$1.7M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
CORZ June 30, 2026 1,110,000 $16,605,600 -25.5%
CCC June 30, 2026 2,420,086 $14,520,516 43.4%
IREN June 30, 2025 792,000 $4,823,280 210.2%
ASML Sept. 30, 2025 5,800 $4,648,062 81.2%