Hedge Fund Database

PENN CAPITAL MANAGEMENT COMPANY, LLC

Adviser information for PENN CAPITAL MANAGEMENT COMPANY, LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 19
Investment Advisory/Research 13
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 2

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 210 $1.4B
Non-Discretionary 724 $261.9M
Total 934 $1.7B

Clients

Type Number RAUM
Individuals 182 $107.0M
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 4 $112.4M
Business development companies 0 $0
Pooled investment vehicles 3 $65.2M
Pension and profit sharing plans 6 $92.5M
Charitable organizations 4 $142.9M
State or municipal gov entities 6 $889.8M
Other investment advisers 0 $0
Insurance companies 2 $8.0M
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 3 $16.6M
Other 724 $261.9M
Type Number
No. of Non-RAUM Clients 724
No. of Non-U.S. Clients 1

Services

Advisory Services Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients
Compensation % of AUMPerformance-based fees

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 0
Portfolio Manager 64.6M
Both for Same 0
Portfolio Manager to Program Sponsor
MANAGER ACCESS SELECT LPL FINANCIAL LLC
PRIVATE ADVISOR NETWORK WELLS FARGO
LOCKWOOD MANAGED ACCOUNT LINK BNY MELLON ADVISORS, INC.
MAC UBS FINANCIAL SERVICES
ADVISER SELECT DEUTSCHE BANK SECURITIES INC.
PRUDENTIAL INVESTMENTS LLC PRUDENTIAL INVESTMENTS LLC
SWP UBS FINANCIAL SERVICES
ACCESS UBS FINANCIAL SERVICES INC.
D A DAVIDSON MANAGED ACCOUNTS D.A. DAVIDSON & CO.

Identifiers

SEC RIA File Number 801-31452
SEC ERA File Number 801-31452
SEC CIK Numbers 1158202
SEC CRD Numbers 105081
Legal Entity Identifier None

Principal Office

1200 INTREPID AVENUE
SUITE 400
PHILADELPHIA
PA
United States
Monday - Friday, 8:00 AM TO 5:00 PM
Tel: 215-302-1500, Fax: 215-468-1720

Websites

www.linkedin.com/penn-capital-compliance twitter.com/penn_capital www.penncapital.com www.penncapitalfunds.com/ www.linkedin.com/company/penn-capital-management/

Chief Compliance Officer

MARTY KEANE
1200 INTREPID AVE
4TH FLOOR
PHILADELPHIA
PA
United States
Tel: 6103202870
(Full email address available in API data)

Regulatory Contact

JACLYN BOWDREN
CONSULTANT
40 EXCHANGE PLACE
NEW YORK
NY
United States
Tel: 646-346-2468
(Full email address available in API data)

Industry Affiliates

SPOUTING ROCK ASSET MANAGEMENT, LLC Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
HOCKER, KIRSTEN, A Individual – PRESIDENT 01/2021 < 5%
SPOUTING ROCK ASSET MANAGEMENT, LLC Domestic Entity – OWNER 03/2021 25-50%
525 HOLDING COMPANY, INC. Domestic Entity – OWNER 12/2020 25-50%
HOCKER, RICHARD, ALAN Individual 525 HOLDING COMPANY, INC. CHIEF EXECUTIVE OFFICER 11/2020 25-50%
HOCKER, MARCIA, ANN Individual 525 HOLDING COMPANY, INC. PRESIDENT 11/2020 25-50%
SPOUTING ROCK FINANCIAL PARTNERS, LLC Domestic Entity SPOUTING ROCK ASSET MANAGEMENT, LLC OWNER 01/2008 > 75%
PARSONS, GREGORY, ALLEN Individual SPOUTING ROCK FINANCIAL PARTNERS, LLC ELECTED MANAGER 06/2013
COYNE, JOHN, EDWARD Individual SPOUTING ROCK FINANCIAL PARTNERS, LLC ELECTED MANAGER 06/2020
SMITH, ANDREW, ALASDAIR Individual SPOUTING ROCK FINANCIAL PARTNERS, LLC ELECTED MANAGER 06/2020 25-50%
KEANE, MARTIN, P Individual – CHIEF COMPLIANCE OFFICER 03/2024 < 5%

No. Employees, Historic

5025020202021202220232024202549 on 3/26/202049 on 6/15/202030 on 3/31/202130 on 8/11/202125 on 3/31/202225 on 5/10/202225 on 2/28/202323 on 3/31/202323 on 6/6/202323 on 1/29/202419 on 3/27/2024

RAUM, Historic

3B2B02020202120222023202420252973414961 on 3/26/20202973414961 on 6/15/20202848283522 on 3/31/20212848283522 on 8/11/20212114506881 on 3/31/20222114506881 on 5/10/20222114506881 on 2/28/20231771615685 on 3/31/20231771615685 on 6/6/20231771615685 on 1/29/20241696319712 on 3/27/2024

No. Clients, Historic

2,0001,00002020202120222023202420251242 on 3/26/20201242 on 6/15/20201030 on 3/31/20211030 on 8/11/20211033 on 3/31/20221033 on 5/10/20221033 on 2/28/2023986 on 3/31/2023986 on 6/6/2023986 on 1/29/2024934 on 3/27/2024

Holdings

From latest 13F, filed August 13th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ACADEMY SPORTS & OUTDOORS IN COM 8M 147K –
AFFILIATED MANAGERS GROUP IN COM 13M 85K –
AGREE RLTY CORP COM 5M 88K –
ALLEGRO MICROSYSTEMS INC COM 16M 557K –
ALLIENT INC COM 4M 152K –
ALPHATEC HLDGS INC COM NEW 14M 1M –
AMERICAN VANGUARD CORP COM 4M 495K –
AMERIS BANCORP COM 13M 260K –
ARCBEST CORP COM 10M 91K –
BGC GROUP INC CL A 15M 2M –
BIOMERICA INC COM NEW 9K 21K –
BLACK HILLS CORP COM 485K 9K –
BLOOMIN BRANDS INC COM 9M 465K –
BOWMAN CONSULTING GROUP LTD COM 605K 19K –
BOYD GAMING CORP COM 8M 141K –
BRIGHTVIEW HLDGS INC COM 8M 596K –
BROOKDALE SR LIVING INC COM 6M 838K –
CAESARS ENTERTAINMENT INC NE COM 2M 41K –
CALIFORNIA RES CORP COM STOCK 10M 194K –
CARPENTER TECHNOLOGY CORP COM 22M 199K –
CENTURY ALUM CO COM 8M 449K –
CHART INDS INC COM 14M 100K –
CHEFS WHSE INC COM 14M 351K –
CHESAPEAKE ENERGY CORP COM 2M 25K –
CHUYS HLDGS INC COM 1M 40K –
CLEAR CHANNEL OUTDOOR HLDGS COM 7M 5M –
COMMERCIAL METALS CO COM 2M 37K –
CONSTRUCTION PARTNERS INC COM CL A 10M 182K –
CROCS INC COM 12M 79K –
DIAMONDBACK ENERGY INC COM 401K 2K –
DNOW INC COM 13M 979K –
DOLE PLC ORD SHS 2M 125K –
DOUGLAS DYNAMICS INC COM 2M 82K –
DRAFTKINGS INC NEW COM CL A 2M 47K –
EASTERLY GOVT PPTYS INC COM 4M 356K –
ELANCO ANIMAL HEALTH INC COM 2M 131K –
EXPRO GROUP HOLDINGS NV COM 13M – –
EZCORP INC CL A NON VTG 4M 391K –
FARMER BROS CO COM 3M 938K –
FB FINL CORP COM 12M 302K –
FIRST BANCORP N C COM 317K 10K –
FIRST WATCH RESTAURANT GROUP COM 8M 445K –
FIVE BELOW INC COM 938K 8K –
FLOOR & DECOR HLDGS INC CL A 2M 17K –
FORTREA HLDGS INC COMMON STOCK 8M 321K –
FOX FACTORY HLDG CORP COM 4M 83K –
FRESH DEL MONTE PRODUCE INC ORD 3M 121K –
FTAI AVIATION LTD SHS 18M 171K –
GENERAC HLDGS INC COM 2M 15K –
GOLDEN ENTMT INC COM 18M 562K –
GRAY TELEVISION INC COM 9M 2M –
GXO LOGISTICS INCORPORATED COMMON STOCK 13M 260K –
H & E EQUIPMENT SERVICES INC COM 13M 283K –
HALOZYME THERAPEUTICS INC COM 16M 301K –
HEALTHCARE SVCS GROUP INC COM 5M 483K –
HELIOS TECHNOLOGIES INC COM 3M 70K –
HERITAGE FINL CORP WASH COM 1M 81K –
HILLMAN SOLUTIONS CORP COM 14M 2M –
INFINERA CORP COM 11M 2M –
INGEVITY CORP COM 4M 93K –
ISHARES TR RUSSELL 2000 ETF 931K 5K –
JACK IN THE BOX INC COM 3M 50K –
JONES LANG LASALLE INC COM 334K 2K –
KIRBY CORP COM 330K 3K –
KNIFE RIVER CORP COMMON STOCK 14M 200K –
KULICKE & SOFFA INDS INC COM 13M 268K –
KYNDRYL HLDGS INC COMMON STOCK 11M 435K –
LAZARD INC COM 15M 390K –
LEONARDO DRS INC COM 2M 68K –
LIFE TIME GROUP HOLDINGS INC COMMON STOCK 9M 502K –
LYFT INC CL A COM 959K 67K –
MAGNITE INC COM 12M 921K –
MARTEN TRANS LTD COM 3M 169K –
MARTIN MARIETTA MATLS INC COM 322K 595 –
MASTEC INC COM 18M 165K –
MIDDLESEX WTR CO COM 4M 85K –
MIRUM PHARMACEUTICALS INC COM 8M 241K –
MONEYLION INC CL A 7M 96K –
MONRO INC COM 4M 153K –
NATIONAL VISION HLDGS INC COM 2M 160K –
NAVITAS SEMICONDUCTOR CORP COM 7M 2M –
NEWMARK GROUP INC CL A 17M 2M –
NEXSTAR MEDIA GROUP INC COMMON STOCK 15M 90K –
NOMAD FOODS LTD USD ORD SHS 445K 27K –
NORTHERN OIL & GAS INC COM 16M 419K –
NORTHWEST NAT HLDG CO COM 5M 144K –
NORTHWESTERN ENERGY GROUP IN COM NEW 574K 11K –
NORWEGIAN CRUISE LINE HLDG L SHS 19M 1M –
O-I GLASS INC COM 2M 173K –
OLO INC CL A 2M 392K –
ONEMAIN HLDGS INC COM 11M 217K –
OPENLANE INC COM 1M 66K –
OUSTER INC COM NEW 8M 807K –
PAPA JOHNS INTL INC COM 2M 46K –
PATTERSON-UTI ENERGY INC COM 10M 922K –
PENN ENTERTAINMENT INC COM 8M 436K –
PERFORMANCE FOOD GROUP CO COM 2M 23K –
PERRIGO CO PLC SHS 390K 15K –
PINNACLE FINL PARTNERS INC COM 15M 190K –
PLANET FITNESS INC CL A 13M 170K –
PLAYAGS INC COM 309K 27K –
POPULAR INC COM NEW 17M 196K –
PORTLAND GEN ELEC CO COM NEW 578K 13K –
POSTAL REALTY TRUST INC CL A 3M 234K –
PROGYNY INC COM 9M 317K –
PTC INC COM 2M 10K –
Q2 HLDGS INC COM 13M 221K –
RADNET INC COM 8M 142K –
RAMBUS INC DEL COM 12M 206K –
REYNOLDS CONSUMER PRODS INC COM 442K 16K –
ROGERS CORP COM 3M 27K –
RXO INC COMMON STOCK 17M 629K –
RYMAN HOSPITALITY PPTYS INC COM 12M 120K –
SCORPIO TANKERS INC SHS 12M 149K –
SCRIPPS E W CO OHIO CL A NEW 4M 1M –
SEMTECH CORP COM 11M 367K –
SHIFT4 PMTS INC CL A 16M 218K –
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 12M 153K –
SPIRE INC COM 584K 10K –
STAGWELL INC COM CL A 13M 2M –
SURGERY PARTNERS INC COM 528K 22K –
TASEKO MINES LTD COM 26K 11K –
TAYLOR MORRISON HOME CORP COM 12M 224K –
TENET HEALTHCARE CORP COM NEW 9M 68K –
TERADYNE INC COM 2M 15K –
TEXAS CAP BANCSHARES INC COM 13M 208K –
TEXTRON INC COM 1M 13K –
TKO GROUP HOLDINGS INC CL A 271K 3K –
TRANSOCEAN LTD REGISTERED SHS 14M 3M –
TREEHOUSE FOODS INC COM 1M 34K –
TRIMAS CORP COM NEW 2M 93K –
TRIUMPH GROUP INC NEW COM 14M 906K –
UNITED PARKS & RESORTS INC COM 17M 320K –
UNITED RENTALS INC COM 349K 539 –
VANGUARD INDEX FDS MID CAP ETF 308K 1K –
VANGUARD INDEX FDS EXTEND MKT ETF 5M 29K –
VIAD CORP COM 11M 318K –
VIVID SEATS INC COM CL A 426K 74K –
WAYSTAR HLDG CORP COM 8M 363K –
WEATHERFORD INTL PLC ORD SHS 26M 211K –
WESTERN DIGITAL CORP. COM 3M 40K –
XPO INC COM 264K 2K –
YORK WTR CO COM 4M 115K –
ZUORA INC COM CL A 12M 1M –