0001420506-22-001658.txt : 20220815 0001420506-22-001658.hdr.sgml : 20220815 20220815095626 ACCESSION NUMBER: 0001420506-22-001658 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220630 FILED AS OF DATE: 20220815 DATE AS OF CHANGE: 20220815 EFFECTIVENESS DATE: 20220815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Penn Capital Management Company, LLC CENTRAL INDEX KEY: 0001158202 IRS NUMBER: 222796848 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11296 FILM NUMBER: 221163047 BUSINESS ADDRESS: STREET 1: 1200 INTREPID AVENUE STREET 2: SUITE 400 CITY: PHILADELPHIA STATE: PA ZIP: 19112 BUSINESS PHONE: 2153021500 MAIL ADDRESS: STREET 1: 1200 INTREPID AVENUE STREET 2: SUITE 400 CITY: PHILADELPHIA STATE: PA ZIP: 19112 FORMER COMPANY: FORMER CONFORMED NAME: PENN CAPITAL MANAGEMENT CO INC DATE OF NAME CHANGE: 20010827 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001158202 XXXXXXXX 06-30-2022 06-30-2022 false Penn Capital Management Company, LLC

1200 INTREPID AVENUE SUITE 400 PHILADELPHIA PA 19112

13F HOLDINGS REPORT 028-11296 N Andrew Daly 2153021500 Andrew Daly, Chief Compliance Officer PHILADELPHIA PA 08-12-2022 0 185 928550 false INFORMATION TABLE 2 Form13F_InfoTable.xml INFORMATION TABLE FOR PENN CAPITAL MANAGEMENT COMPANY, LLC ACADIA HEALTHCARE COMPANY IN COM 00404A109 11496 169978 SH SOLE 169978 0 0 ALLEGRO MICROSYSTEMS INC COM 01749D105 1898 91741 SH SOLE 91741 0 0 ALLETE INC COM NEW 018522300 635 10805 SH SOLE 10805 0 0 ALPHATEC HLDGS INC COM NEW 02081G201 10680 1633034 SH SOLE 1633034 0 0 AMERICAN AXLE & MFG HLDGS IN COM 024061103 13454 1786707 SH SOLE 1786707 0 0 AMERICOLD REALTY TRUST INC COM 03064D108 389 12938 SH SOLE 12938 0 0 AMERIS BANCORP COM 03076K108 10277 255785 SH SOLE 255785 0 0 AMETEK INC COM 031100100 409 3719 SH SOLE 3719 0 0 APARTMENT INCOME REIT CORP COM 03750L109 1768 42488 SH SOLE 42488 0 0 ARCH CAP GROUP LTD ORD G0450A105 3553 78108 SH SOLE 78108 0 0 ARTIVION INC COM 228903100 11527 610535 SH SOLE 610535 0 0 AVALONBAY CMNTYS INC COM 053484101 330 1697 SH SOLE 1697 0 0 AVANTOR INC COM 05352A100 2976 95673 SH SOLE 95673 0 0 AVAYA HLDGS CORP NOTE 2.250% 6/1 05351XAB7 480 500000 PRN SOLE 500000 0 0 AVIENT CORPORATION COM 05368V106 9899 246993 SH SOLE 246993 0 0 AXIS CAP HLDGS LTD SHS G0692U109 1513 26501 SH SOLE 26501 0 0 BALLYS CORPORATION COM 05875B106 8615 435550 SH SOLE 435550 0 0 BAUSCH PLUS LOMB CORP COMMON SHARES 071705107 1846 121120 SH SOLE 121120 0 0 BERKELEY LTS INC COM 084310101 434 87224 SH SOLE 87224 0 0 BIOMARIN PHARMACEUTICAL INC COM 09061G101 406 4897 SH SOLE 4897 0 0 BLOCK INC NOTE 0.250%11/0 852234AK9 646 885000 PRN SOLE 885000 0 0 BLOOMIN BRANDS INC COM 094235108 8628 519129 SH SOLE 519129 0 0 BOYD GAMING CORP COM 103304101 8259 166011 SH SOLE 166011 0 0 BRIGHTVIEW HLDGS INC COM 10948C107 395 32885 SH SOLE 32885 0 0 BURLINGTON STORES INC COM 122017106 1260 9252 SH SOLE 9252 0 0 CACI INTL INC CL A 127190304 386 1371 SH SOLE 1371 0 0 CALERES INC COM 129500104 6593 251274 SH SOLE 251274 0 0 CALIFORNIA RES CORP COM STOCK 13057Q305 11290 293236 SH SOLE 293236 0 0 CARPENTER TECHNOLOGY CORP COM 144285103 9571 342919 SH SOLE 342919 0 0 CATALENT INC COM 148806102 2709 25248 SH SOLE 25248 0 0 CENTERSPACE COM 15202L107 2233 27377 SH SOLE 27377 0 0 CF INDS HLDGS INC COM 125269100 2530 29511 SH SOLE 29511 0 0 CHAMPIONX CORPORATION COM 15872M104 7067 356038 SH SOLE 356038 0 0 CHART INDS INC COM 16115Q308 16243 97048 SH SOLE 97048 0 0 CHESAPEAKE ENERGY CORP COM 165167735 3011 37131 SH SOLE 37131 0 0 CHIMERIX INC COM 16934W106 1764 847981 SH SOLE 847981 0 0 CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 4201 3926562 SH SOLE 3926562 0 0 CODEX DNA INC COM 192003101 944 524422 SH SOLE 524422 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 6361 1696352 SH SOLE 1696352 0 0 CONMED CORP COM 207410101 11917 124450 SH SOLE 124450 0 0 CONSTELLIUM SE CL A SHS F21107101 1265 95733 SH SOLE 95733 0 0 CORE LABORATORIES N V COM N22717107 1007 50825 SH SOLE 50825 0 0 DAKTRONICS INC COM 234264109 1951 648288 SH SOLE 648288 0 0 DIAMONDBACK ENERGY INC COM 25278X109 3428 28292 SH SOLE 28292 0 0 DIGITAL RLTY TR INC COM 253868103 412 3176 SH SOLE 3176 0 0 DISH NETWORK CORPORATION NOTE 3.375% 8/1 25470MAB5 2753 4048000 PRN SOLE 4048000 0 0 DISH NETWORK CORPORATION NOTE 2.375% 3/1 25470MAD1 745 847000 PRN SOLE 847000 0 0 DMC GLOBAL INC COM 23291C103 1380 76536 SH SOLE 76536 0 0 DUCOMMUN INC DEL COM 264147109 2100 48792 SH SOLE 48792 0 0 EARTHSTONE ENERGY INC CL A 27032D304 13239 969916 SH SOLE 969916 0 0 EASTERLY GOVT PPTYS INC COM 27616P103 3156 165738 SH SOLE 165738 0 0 ESSENTIAL PPTYS RLTY TR INC COM 29670E107 8780 408543 SH SOLE 408543 0 0 EVENTBRITE INC COM CL A 29975E109 1468 142920 SH SOLE 142920 0 0 EXELIXIS INC COM 30161Q104 1875 90050 SH SOLE 90050 0 0 FARMER BROS CO COM 307675108 2790 594945 SH SOLE 594945 0 0 FB FINL CORP COM 30257X104 12526 319379 SH SOLE 319379 0 0 FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 1532 41459 SH SOLE 41459 0 0 FIRST BANCORP N C COM 318910106 1411 40417 SH SOLE 40417 0 0 FIRST BANCORP P R COM NEW 318672706 13261 1027175 SH SOLE 1027175 0 0 FIRST WATCH RESTAURANT GROUP COM 33748L101 487 33803 SH SOLE 33803 0 0 FIVE BELOW INC COM 33829M101 9834 86689 SH SOLE 86689 0 0 FLOOR & DECOR HLDGS INC CL A 339750101 971 15421 SH SOLE 15421 0 0 FOCUS FINL PARTNERS INC COM CL A 34417P100 6505 190983 SH SOLE 190983 0 0 FORTUNA SILVER MINES INC COM 349915108 1781 627241 SH SOLE 627241 0 0 FOX CORP CL B COM 35137L204 2287 77000 SH SOLE 77000 0 0 GODADDY INC CL A 380237107 2541 36528 SH SOLE 36528 0 0 GOGO INC COM 38046C109 7691 475073 SH SOLE 475073 0 0 GOLDEN ENTMT INC COM 381013101 15428 390077 SH SOLE 390077 0 0 GRAY TELEVISION INC COM 389375106 14693 869945 SH SOLE 869945 0 0 GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101 1286 29733 SH SOLE 29733 0 0 H & E EQUIPMENT SERVICES INC COM 404030108 14944 515838 SH SOLE 515838 0 0 HALOZYME THERAPEUTICS INC COM 40637H109 13192 299825 SH SOLE 299825 0 0 HAWAIIAN ELEC INDUSTRIES COM 419870100 518 12658 SH SOLE 12658 0 0 HEALTHCARE TR AMER INC CL A NEW 42225P501 2006 71875 SH SOLE 71875 0 0 HERBALIFE NUTRITION LTD NOTE 2.625% 3/1 42703MAD5 619 695000 PRN SOLE 695000 0 0 HESS CORP COM 42809H107 535 5046 SH SOLE 5046 0 0 HILLMAN SOLUTIONS CORP COM 431636109 8539 988262 SH SOLE 988262 0 0 IAC INTERACTIVECORP NEW COM NEW 44891N208 1237 16289 SH SOLE 16289 0 0 INDEPENDENCE RLTY TR INC COM 45378A106 547 26393 SH SOLE 26393 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 531 3133 SH SOLE 3133 0 0 KAISER ALUMINUM CORP COM PAR $0.01 483007704 11013 139243 SH SOLE 139243 0 0 KENNEDY-WILSON HOLDINGS INC COM 489398107 1667 88027 SH SOLE 88027 0 0 KIMBALL INTL INC CL B 494274103 2214 288656 SH SOLE 288656 0 0 KIRBY CORP COM 497266106 11507 189141 SH SOLE 189141 0 0 KULICKE & SOFFA INDS INC COM 501242101 14350 335195 SH SOLE 335195 0 0 LANTHEUS HLDGS INC COM 516544103 13001 196896 SH SOLE 196896 0 0 LENDINGTREE INC NEW COM 52603B107 744 16965 SH SOLE 16965 0 0 LENNOX INTL INC COM 526107107 1581 7651 SH SOLE 7651 0 0 LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409 2418 67071 SH SOLE 67071 0 0 LIBERTY TRIPADVISOR HLDGS IN COM SER A 531465102 976 1283978 SH SOLE 1283978 0 0 LINCOLN NATL CORP IND COM 534187109 2147 45893 SH SOLE 45893 0 0 LIVENT CORP COM 53814L108 11390 501965 SH SOLE 501965 0 0 M & T BK CORP COM 55261F104 444 2788 SH SOLE 2788 0 0 MARTIN MARIETTA MATLS INC COM 573284106 2943 9837 SH SOLE 9837 0 0 MARVELL TECHNOLOGY INC COM 573874104 367 8425 SH SOLE 8425 0 0 MASCO CORP COM 574599106 387 7640 SH SOLE 7640 0 0 MATCH GROUP INC NEW COM 57667L107 217 3113 SH SOLE 3113 0 0 MERCURY SYS INC COM 589378108 2142 33306 SH SOLE 33306 0 0 METROPOLITAN BK HLDG CORP COM 591774104 8052 115995 SH SOLE 115995 0 0 MGM RESORTS INTERNATIONAL COM 552953101 1365 47150 SH SOLE 47150 0 0 MIDDLESEX WTR CO COM 596680108 4079 46523 SH SOLE 46523 0 0 MODIVCARE INC COM 60783X104 9411 111376 SH SOLE 111376 0 0 MONRO INC COM 610236101 2480 57844 SH SOLE 57844 0 0 NEUROCRINE BIOSCIENCES INC COM 64125C109 342 3510 SH SOLE 3510 0 0 NEXPOINT RESIDENTIAL TR INC COM 65341D102 1309 20939 SH SOLE 20939 0 0 NEXSTAR MEDIA GROUP INC CL A 65336K103 16431 100875 SH SOLE 100875 0 0 NORTHERN OIL AND GAS INC MN COM 665531307 10652 421700 SH SOLE 421700 0 0 NORTHWEST NAT HLDG CO COM 66765N105 2648 49876 SH SOLE 49876 0 0 NORWEGIAN CRUISE LINE HLDG L SHS G66721104 1046 94066 SH SOLE 94066 0 0 NOW INC COM 67011P100 13854 1416543 SH SOLE 1416543 0 0 NVENT ELECTRIC PLC SHS G6700G107 2221 70895 SH SOLE 70895 0 0 O-I GLASS INC COM 67098H104 9292 663724 SH SOLE 663724 0 0 OLIN CORP COM PAR $1 680665205 1360 29392 SH SOLE 29392 0 0 ONEMAIN HLDGS INC COM 68268W103 1309 35004 SH SOLE 35004 0 0 OPERA LTD SPONSORED ADS 68373M107 475 107819 SH SOLE 107819 0 0 OPTION CARE HEALTH INC COM NEW 68404L201 11207 403287 SH SOLE 403287 0 0 OUSTER INC COM 68989M103 4228 2610151 SH SOLE 2610151 0 0 PAPA JOHNS INTL INC COM 698813102 7236 86637 SH SOLE 86637 0 0 PATTERSON-UTI ENERGY INC COM 703481101 15402 977268 SH SOLE 977268 0 0 PAYA HOLDINGS INC COM CL A 70434P103 3959 602617 SH SOLE 602617 0 0 PEBBLEBROOK HOTEL TR COM 70509V100 7960 480399 SH SOLE 480399 0 0 PENN NATL GAMING INC COM 707569109 7972 262063 SH SOLE 262063 0 0 PENNANT GROUP INC COM 70805E109 727 56743 SH SOLE 56743 0 0 PERFORMANCE FOOD GROUP CO COM 71377A103 14072 306053 SH SOLE 306053 0 0 PINNACLE FINL PARTNERS INC COM 72346Q104 11422 157963 SH SOLE 157963 0 0 PIXELWORKS INC COM NEW 72581M305 682 356943 SH SOLE 356943 0 0 PLANET FITNESS INC CL A 72703H101 14437 212279 SH SOLE 212279 0 0 PLBY GROUP INC COM 72814P109 1666 260265 SH SOLE 260265 0 0 POSTAL REALTY TRUST INC CL A 73757R102 3075 206354 SH SOLE 206354 0 0 PRIMERICA INC COM 74164M108 2056 17185 SH SOLE 17185 0 0 PURE STORAGE INC CL A 74624M102 11654 453270 SH SOLE 453270 0 0 PVH CORPORATION COM 693656100 1733 30462 SH SOLE 30462 0 0 R1 RCM INC COM 77634L105 11708 558587 SH SOLE 558587 0 0 RAMBUS INC DEL COM 750917106 11047 514043 SH SOLE 514043 0 0 RAPID7 INC COM 753422104 10769 161207 SH SOLE 161207 0 0 REYNOLDS CONSUMER PRODS INC COM 76171L106 515 18879 SH SOLE 18879 0 0 RYMAN HOSPITALITY PPTYS INC COM 78377T107 11948 157148 SH SOLE 157148 0 0 SABRE CORP COM 78573M104 9142 1568071 SH SOLE 1568071 0 0 SANDSTORM GOLD LTD COM NEW 80013R206 3453 580411 SH SOLE 580411 0 0 SANDY SPRING BANCORP INC COM 800363103 208 5315 SH SOLE 5315 0 0 SCRIPPS E W CO OHIO CL A NEW 811054402 10822 867869 SH SOLE 867869 0 0 SEACOAST BKG CORP FLA COM NEW 811707801 9798 296557 SH SOLE 296557 0 0 SEAWORLD ENTMT INC COM 81282V100 10995 248869 SH SOLE 248869 0 0 SI-BONE INC COM 825704109 8982 680453 SH SOLE 680453 0 0 SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 15808 188860 SH SOLE 188860 0 0 SIX FLAGS ENTMT CORP NEW COM 83001A102 883 40676 SH SOLE 40676 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 928 10023 SH SOLE 10023 0 0 SMARTFINANCIAL INC COM NEW 83190L208 303 12536 SH SOLE 12536 0 0 SOUTHERN FIRST BANCSHARES COM 842873101 302 6939 SH SOLE 6939 0 0 SOUTHSTATE CORPORATION COM 840441109 13892 180069 SH SOLE 180069 0 0 SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 13740 468939 SH SOLE 468939 0 0 SPOTIFY USA INC NOTE 3/1 84921RAB6 600 760000 PRN SOLE 760000 0 0 SSR MNG INC COM 784730103 521 31202 SH SOLE 31202 0 0 STEEL DYNAMICS INC COM 858119100 2550 38550 SH SOLE 38550 0 0 STEELCASE INC CL A 858155203 15908 1482614 SH SOLE 1482614 0 0 STEREOTAXIS INC COM NEW 85916J409 1094 594382 SH SOLE 594382 0 0 TABULA RASA HEALTHCARE INC NOTE 1.750% 2/1 873379AA9 694 1020000 PRN SOLE 1020000 0 0 TALOS ENERGY INC COM 87484T108 9512 614837 SH SOLE 614837 0 0 TERADYNE INC COM 880770102 2834 31649 SH SOLE 31649 0 0 TEXAS CAP BANCSHARES INC COM 88224Q107 1698 32256 SH SOLE 32256 0 0 TILRAY BRANDS INC NOTE 5.000%10/0 88688TAB6 273 300000 PRN SOLE 300000 0 0 TRANSUNION COM 89400J107 2515 31446 SH SOLE 31446 0 0 TRIUMPH GROUP INC NEW COM 896818101 9644 725692 SH SOLE 725692 0 0 TRIVAGO N V SPON ADS A SHS 89686D105 2495 1674316 SH SOLE 1674316 0 0 TURNING PT BRANDS INC COM 90041L105 2898 106814 SH SOLE 106814 0 0 TYLER TECHNOLOGIES INC COM 902252105 2594 7800 SH SOLE 7800 0 0 UMH PPTYS INC COM 903002103 2809 159083 SH SOLE 159083 0 0 UNITED RENTALS INC COM 911363109 1522 6264 SH SOLE 6264 0 0 UNITED THERAPEUTICS CORP DEL COM 91307C102 2095 8892 SH SOLE 8892 0 0 UPWORK INC COM 91688F104 6209 300219 SH SOLE 300219 0 0 VAIL RESORTS INC COM 91879Q109 1516 6955 SH SOLE 6955 0 0 VANGUARD INDEX FDS SMALL CP ETF 922908751 275 1561 SH SOLE 1561 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 376 1992 SH SOLE 1992 0 0 VANGUARD INDEX FDS EXTEND MKT ETF 922908652 2635 20098 SH SOLE 20098 0 0 VIAD CORP COM 92552R406 10107 366066 SH SOLE 366066 0 0 VICI PPTYS INC COM 925652109 2842 95400 SH SOLE 95400 0 0 VINTAGE WINE ESTATES INC COM 92747V106 1035 131683 SH SOLE 131683 0 0 VISTRA CORP COM 92840M102 2810 122969 SH SOLE 122969 0 0 VOYA FINANCIAL INC COM 929089100 366 6146 SH SOLE 6146 0 0 WEATHERFORD INTL PLC ORD SHS G48833118 17246 804526 SH SOLE 804526 0 0 WESTERN ALLIANCE BANCORP COM 957638109 1763 24983 SH SOLE 24983 0 0 WESTERN DIGITAL CORP. COM 958102105 2028 45238 SH SOLE 45238 0 0 WINMARK CORP COM 974250102 773 3955 SH SOLE 3955 0 0 XPO LOGISTICS INC COM 983793100 1716 35628 SH SOLE 35628 0 0 YORK WTR CO COM 987184108 4188 103585 SH SOLE 103585 0 0