PI

Pennant Investors, LP

Momentum followerQuality / disciplined sizing

Total reported value

$361.0M

Reporting period: 2026-03-31 · Number of holdings: 17

Pennant Investors, LP disclosed 17 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $361.0M and a quarterly turnover rate of 34.7%.

Personality snowflake

Concentration
31.08
Portfolio Stability
34.73
Momentum/Contrarian
100
Sector conviction
57.93
Diversification
34
Sizing Uniformity
94.16

Recent moves

  • Trim ECHO

    -48.8%　-$35.7M

  • Add SOLS

    -9.3%　$14.4M

  • Add VRT

    0.0%　$9.7M

  • Trim GOOGL

    -41.4%　-$13.3M

  • Trim CORZ

    -45.6%　-$13.1M

  • Trim PRM

    -21.4%　-$9.9M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1SOLSSolstice Adv Materials INCStock-Materials13.40%+5.26%-9.29%
2ECHOEchostar Corp-aStock-Comm Services12.17%-6.89%-48.77%
3MSFTMicrosoft CORPStock-Tech10.19%+0.42%+17.77%
4VRTVertiv Holdings Co-aStock-Industrials7.57%+3.34%—
5AMZNAmazon.com INCStock-Consumer Disc6.75%+0.07%-3.31%
6PRMPerimeter Solutions INCStock-Other6.35%-1.51%-21.35%
7EXEExpand Energy CORPStock-Energy5.96%+0.25%-9.34%
8ARAntero Resources CORPStock-Energy5.64%+1.27%-9.43%
9TDGTransdigm Group INCStock-Industrials5.38%-0.50%-9.20%
10GEVGE Vernova INCStock-Industrials4.96%+1.43%-9.29%
11CORZCore Scientific INCStock-Tech4.60%-2.51%-45.60%
12GOOGLAlphabet Inc-cl AStock-Comm Services4.29%-2.60%-41.41%
13CCCCcc Intelligent Solutions HoStock-Tech4.02%-1.06%-9.41%
14VMIValmont IndustriesStock-Industrials3.32%+0.13%-9.42%
15FLSFlowserve CORPStock-Industrials2.75%+2.75%NEW
16QXOQxo INCStock-Industrials2.65%+0.14%-9.39%
17GRABGrab Holdings LimitedStock-Tech—-0.01%—

Holding changes this quarter

Pennant Investors, LP's most significant position changes for 2026-03-31: New buy: Flowserve CORP (FLS); Trim: Echostar Corp-a (ECHO) — shares -48.77%; Trim: Solstice Adv Materials INC (SOLS) — shares -9.29%; Trim: Alphabet Inc-cl A (GOOGL) — shares -41.41%; Trim: Core Scientific INC (CORZ) — shares -45.60%.

Position changes disclosed by Pennant Investors, LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1SOLSSolstice Adv Materials INC+5.3%-9.29%Trim
2VRTVertiv Holdings Co-a+3.3%—Unchanged
3GEVGE Vernova INC+1.4%-9.29%Trim
4ARAntero Resources CORP+1.3%-9.43%Trim
5MSFTMicrosoft CORP+0.4%+17.77%Add
6EXEExpand Energy CORP+0.3%-9.34%Trim
7QXOQxo INC+0.1%-9.39%Trim
8VMIValmont Industries+0.1%-9.42%Trim
9AMZNAmazon.com INC+0.1%-3.31%Trim
10GRABGrab Holdings Limited0%—Unchanged
11TDGTransdigm Group INC-0.5%-9.20%Trim
12CCCCcc Intelligent Solutions Ho-1.1%-9.41%Trim
13PRMPerimeter Solutions INC-1.5%-21.35%Trim
14CORZCore Scientific INC-2.5%-45.60%Trim
15GOOGLAlphabet Inc-cl A-2.6%-41.41%Trim
16ECHOEchostar Corp-a-6.9%-48.77%Trim
17FLSFlowserve CORP—NEWNew buy

FAQ

What is Pennant Investors, LP and what type of investor is it?
Pennant Investors, LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $361.0M, spread across 17 disclosed positions.
What are Pennant Investors, LP's largest equity positions?
Based on the latest 13F filing, Pennant Investors, LP's top holdings by market value are: 1. Solstice Adv Materials INC (SOLS) — $48.4M (13.4%) 2. Echostar Corp-a (ECHO) — $43.9M (12.2%) 3. Microsoft CORP (MSFT) — $36.8M (10.2%) 4. Vertiv Holdings Co-a (VRT) — $27.3M (7.6%) 5. Amazon.com INC (AMZN) — $24.4M (6.8%)
What changes did Pennant Investors, LP make in its most recent portfolio filing?
In the latest reported quarter, Pennant Investors, LP made 15 notable position adjustments: 1 new positions were initiated, 1 existing holdings were added to, 13 positions were partially reduced, and 0 were completely exited. The largest of these moves: New buy: Flowserve CORP (FLS); Trim: Echostar Corp-a (ECHO) — shares -48.77%; Trim: Solstice Adv Materials INC (SOLS) — shares -9.29%; Trim: Alphabet Inc-cl A (GOOGL) — shares -41.41%; Trim: Core Scientific INC (CORZ) — shares -45.60%
What sectors does Pennant Investors, LP focus on?
Pennant Investors, LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Industrials: 28.4% • Information Technology: 20.1% • Communication Services: 17.6% • Materials: 14.3% • Energy: 12.4% • Consumer Discretionary: 7.2%