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Alan Fournier13F | |
| Pennant Investors, LP | |
| Last update 2026-08-14 | 16 Stocks (1 new) |
| Value $335.00 Mil | Turnover 9 % |
Alan Fournier Profile
Alan Fournier used to manage the Pennant Master Fund, Pennant Windward Master Fund, Broadway Gate Master Fund, Ltd. and Pennant General Partner, LLC. Previously, Mr. Fournier was the partner responsible for global equity investments at Appaloosa Management L.P.
He began his investment career at Sanford C. Bernstein in 1988. Before entering the investment management industry, Mr. Fournier spent five years in technology system sales for Digital Equipment Corporation, where he was a national account manager.In 2018, Mr. Fournier decided to return clients’ capital after a period of lackluster returns and converted his firm to a family office.
He began his investment career at Sanford C. Bernstein in 1988. Before entering the investment management industry, Mr. Fournier spent five years in technology system sales for Digital Equipment Corporation, where he was a national account manager.In 2018, Mr. Fournier decided to return clients’ capital after a period of lackluster returns and converted his firm to a family office.
Alan Fournier Investing Philosophy
Mr. Fournier famously has never taken a finance or accounting course. His investment strategy is a combination of what he learned while working at Bernstein, Pneza Investment and Appaloosa Management. His firm’s strategy focused on a buy and hold, long/short approach that included hedging, leverage, option trading and short-selling. In terms of long positions, Mr. Fournier places emphasis on growth and value qualities.
Alan Fournier Top Holdings of 2026-06-30
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| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOLS | Solstice Advanced Materials Inc | 478,000 | 42,350.8 | -24.72% | 12.640 | -3.31% | 0.300 | -26.22% | +27.47% | 9,805.6 | Chemicals | |
AMZN | Amazon.com Inc | 162,000 | 38,611.1 | +38.46% | 11.530 | +3.20% | 0.000 | -2.43% | +10.44% | 2,749,647.1 | Retail - Cyclical | |
MSFT | Microsoft Corp | 100,000 | 37,302.0 | +0.60% | 11.140 | +0.07% | 0.000 | +9.00% | +4.26% | 3,720,346.8 | Software | |
ECHO | EchoStar Corp | 271,861 | 27,593.9 | -27.58% | 8.240 | -3.36% | 0.090 | -32.46% | -20.83% | 24,999.6 | Telecommunication Services | |
PRM | Perimeter Solutions Inc | 689,000 | 24,562.8 | -26.57% | 7.330 | -1.69% | 0.420 | -4.26% | +10.21% | 4,966.3 | Chemicals | |
TDG | TransDigm Group Inc | 16,771 | 22,339.6 | 0% | 6.670 | 0% | 0.030 | -6.67% | -13.09% | 63,886.4 | Aerospace & Defense | |
GEV | GE Vernova Inc | 15,500 | 18,210.3 | -24.39% | 5.440 | -1.21% | 0.010 | -5.42% | +37.74% | 239,308.7 | Industrial Products | |
VRT | Vertiv Holdings Co | 54,000 | 18,080.3 | -50.46% | 5.400 | -3.82% | 0.010 | -20.83% | +58.07% | 98,545.4 | Industrial Products | |
EXE | Expand Energy Corp | 196,000 | 17,873.2 | 0% | 5.340 | 0% | 0.080 | +9.24% | -7.79% | 23,150.4 | Oil & Gas | |
VMI | Valmont Industries Inc | 30,000 | 17,328.0 | 0% | 5.170 | 0% | 0.160 | -11.38% | +16.69% | 9,033.9 | Conglomerates |
Alan Fournier's Historical Top Holdings Breakdowns
Alan Fournier's Top Stock Picks
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| Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
CORZ | Core Scientific Inc | 2026-06-30 | Sold Out Sold Out | -4.60% | 14.96 ($23.41) 29.16 | $16.07 | -31.35% | Sold Out | 0 | -1,110,000 | |
CCC |
CCC Intelligent Solutions Holdings Inc
CCC Intelligent Solutions Holdings Inc
| 2026-06-30 | Sold Out Sold Out | -4.02% | 4.22 ($4.96) 6.11 | $7.24 | 45.87% | Sold Out | 0 | -2,420,086 | |
VRT | Vertiv Holdings Co | 2026-06-30 | Reduce Reduce | -3.82% | 250.58 ($316.1) 376.23 | $255.97 | -19.02% | Reduce -50.46% | 54,000 | -55,000 | |
VGNT | Versigent PLC | 2026-06-30 | New Buy New Buy | +3.77% | 26.94 ($39.72) 50.17 | $46.19 | 16.29% | New holding | 300,378 | 300,378 | |
ECHO | EchoStar Corp | 2026-06-30 | Reduce Reduce | -3.36% | 97.19 ($122.15) 141.8 | $86.06 | -29.55% | Reduce -27.58% | 271,861 | -103,540 | |
SOLS | Solstice Advanced Materials Inc | 2026-06-30 | Reduce Reduce | -3.31% | 76.16 ($82.4) 88.6 | $61.73 | -25.08% | Reduce -24.72% | 478,000 | -157,000 | |
AMZN | Amazon.com Inc | 2026-06-30 | Add Add | +3.20% | 208.27 ($250.33) 274.99 | $254.92 | 1.83% | Add 38.46% | 162,000 | 45,000 | |
PRM | Perimeter Solutions Inc | 2026-06-30 | Reduce Reduce | -1.69% | 24.16 ($31.13) 37.78 | $30.34 | -2.54% | Reduce -26.57% | 689,000 | -249,250 | |
FLS | Flowserve Corp | 2026-06-30 | Add Add | +1.66% | 64.39 ($76) 87.92 | $76.64 | 0.84% | Add 55.56% | 210,000 | 75,000 | |
GEV | GE Vernova Inc | 2026-06-30 | Reduce Reduce | -1.21% | 867.09 ($1018.32) 1174.86 | $898.53 | -11.76% | Reduce -24.39% | 15,500 | -5,000 |
Alan Fournier Total Holding History ($B)
Alan Fournier's Asset Allocation
Alan Fournier Past Portfolios
| Portfolio Date | Number of Stocks | New Stocks | Total Value ($Mil) | Q/Q Turnover |
|---|---|---|---|---|
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Alan Fournier's Hypothetical Growth since 2026-06-30
Alan Fournier's Yearly Returns
This information is only displayed for Gurus who publicly disclose audited performance records; most hedge funds and private investment firms do not publish such data or only provide limited historical performance information.
| Year | Portfolio % | % | Excess Gain % |
|---|
Alan Fournier's Holdings Heat Map
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Alan Fournier's Holdings Bubble Chart
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