Pennant Investors, LP
Summit, NJ
$335m in 16 US stocks at the end of 30 June 2026. The top 10 are 78.9% of the money. It changed about 16.8% of the portfolio this quarter.
Value
$335m
Stocks
16
Top 10 share
78.9%
Turnover
16.8%
What changed this quarter
New
Bought for the first time this quarter.
- VersigentVGNT3.8% of the fund
Added
Bought more of a stock they already held.
- Amazon.comAMZN11.5% of the fund+38%
- FlowserveFLS4.6% of the fund+56%
Cut
Sold some of their stake.
- Solstice Advanced MaterialsSOLS12.6% of the fund-25%
- EchoStarECHO8.2% of the fund-28%
- Perimeter SolutionsPRM7.3% of the fund-27%
- GE VernovaGEV5.4% of the fund-24%
- Vertiv HoldingsVRT5.4% of the fund-50%
- AlphabetGOOGL5.1% of the fund-11%
Sold out
Sold their entire stake.
Holdings
- VersigentVGNT
- Share
- 3.8%
- Value
- $13m
- Shares
- 300,378
New
- Grab Holdings LimitedGRABW
- Share
- <0.1%
- Value
- $3,568
- Shares
- 80,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Solstice Advanced MaterialsSOLS | 12.6% | $42m | 478,000 | -25% |
| Amazon.comAMZN | 11.5% | $39m | 162,000 | +38% |
| MicrosoftMSFT | 11.1% | $37m | 100,000 | Held |
| EchoStarECHO | 8.2% | $28m | 271,861 | -28% |
| Perimeter SolutionsPRM | 7.3% | $25m | 689,000 | -27% |
| TransDigm GroupTDG | 6.7% | $22m | 16,771 | Held |
| GE VernovaGEV | 5.4% | $18m | 15,500 | -24% |
| Vertiv HoldingsVRT | 5.4% | $18m | 54,000 | -50% |
| Expand EnergyEXE | 5.3% | $18m | 196,000 | Held |
| Valmont IndustriesVMI | 5.2% | $17m | 30,000 | Held |
| AlphabetGOOGL | 5.1% | $17m | 47,900 | -11% |
| Antero ResourcesAR | 5.0% | $17m | 480,000 | Held |
| FlowserveFLS | 4.6% | $16m | 210,000 | +56% |
| VersigentVGNT | 3.8% | $13m | 300,378 | New |
| QXOQXO | 2.5% | $9m | 492,000 | Held |
| Grab Holdings LimitedGRABW | <0.1% | $3,568 | 80,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 0.2% since 30 June 2025.
Where the money is
Industrials29.9%
Materials20.0%
Retail & consumer15.3%
Media & telecom13.3%
Technology11.1%
Energy10.4%
Other0.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.