 | |
Alan Fournier13F | |
| Pennant Investors, LP | |
| Last update 2026-05-15 | 17 Stocks (1 new) |
| Value $361.00 Mil | Turnover 4 % |
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 2026-03-31
View Full List
| 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 | 635,000 | 48,361.6 | -9.29% | 13.400 | -0.76% | 0.400 | -25.48% | +25.92% | 9,698.9 | Chemicals | |
ECHO | EchoStar Corp | 375,401 | 43,948.2 | -48.77% | 12.170 | -9.30% | 0.130 | -25.99% | -14.52% | 26,929.5 | Telecommunication Services | |
MSFT | Microsoft Corp | 99,400 | 36,794.9 | +17.77% | 10.190 | +1.54% | 0.000 | +1.94% | -18.79% | 2,904,443.7 | Software | |
VRT | Vertiv Holdings Co | 109,000 | 27,313.2 | 0% | 7.570 | 0% | 0.030 | +1.99% | +88.88% | 117,487.4 | Industrial Products | |
AMZN | Amazon.com Inc | 117,000 | 24,367.6 | -3.31% | 6.750 | -0.22% | 0.000 | +3.09% | +7.14% | 2,660,340.7 | Retail - Cyclical | |
PRM | Perimeter Solutions Inc | 938,250 | 22,912.1 | -21.35% | 6.350 | -1.68% | 0.580 | +29.21% | +19.40% | 5,362.0 | Chemicals | |
EXE | Expand Energy Corp | 196,000 | 21,516.9 | -9.34% | 5.960 | -0.53% | 0.080 | -10.38% | -20.17% | 20,836.8 | Oil & Gas | |
AR | Antero Resources Corp | 480,000 | 20,371.2 | -9.43% | 5.640 | -0.41% | 0.150 | -7.87% | -0.52% | 10,621.2 | Oil & Gas | |
TDG | TransDigm Group Inc | 16,771 | 19,436.9 | -9.20% | 5.380 | -0.54% | 0.030 | +0.15% | -7.13% | 69,078.0 | Aerospace & Defense | |
GEV | GE Vernova Inc | 20,500 | 17,894.5 | -9.29% | 4.960 | -0.33% | 0.010 | +5.25% | +59.82% | 280,167.5 | Industrial Products |
Alan Fournier's Historical Top Holdings Breakdowns
Alan Fournier's Top Stock Picks
View Full List
| Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
ECHO | EchoStar Corp | 2026-03-31 | Reduce Reduce | -9.30% | 106.24 ($114.76) 131.09 | $92.92 | -19.03% | Reduce -48.77% | 375,401 | -357,358 | |
GOOGL | Alphabet Inc | 2026-03-31 | Reduce Reduce | -2.85% | 273.5 ($314.21) 343.69 | $352.51 | 12.19% | Reduce -41.41% | 53,900 | -38,100 | |
FLS | Flowserve Corp | 2026-03-31 | New Buy New Buy | +2.75% | 69.16 ($79.19) 92.04 | $68.36 | -13.68% | New holding | 135,000 | 135,000 | |
PRM | Perimeter Solutions Inc | 2026-03-31 | Reduce Reduce | -1.68% | 20.69 ($25.52) 29.64 | $32.87 | 28.80% | Reduce -21.35% | 938,250 | -254,750 | |
MSFT | Microsoft Corp | 2026-03-31 | Add Add | +1.54% | 356.77 ($418.44) 483.47 | $390.99 | -6.56% | Add 17.77% | 99,400 | 15,000 | |
CORZ | Core Scientific Inc | 2026-03-31 | Reduce Reduce | -1.50% | 13.91 ($17.06) 19.94 | $22.71 | 33.12% | Reduce -27.95% | 1,110,000 | -430,495 | |
SOLS | Solstice Advanced Materials Inc | 2026-03-31 | Reduce Reduce | -0.76% | 49.28 ($68.54) 80.92 | $61.06 | -10.91% | Reduce -9.29% | 635,000 | -65,000 | |
TDG | TransDigm Group Inc | 2026-03-31 | Reduce Reduce | -0.54% | 1132.88 ($1310.87) 1450 | $1,235.00 | -5.79% | Reduce -9.2% | 16,771 | -1,700 | |
EXE | Expand Energy Corp | 2026-03-31 | Reduce Reduce | -0.53% | 99.52 ($106.77) 113.92 | $87.10 | -18.42% | Reduce -9.34% | 196,000 | -20,200 | |
CCC |
CCC Intelligent Solutions Holdings Inc
CCC Intelligent Solutions Holdings Inc
| 2026-03-31 | Reduce Reduce | -0.48% | 4.87 ($6.55) 8.55 | $6.24 | -4.73% | Reduce -9.41% | 2,420,086 | -251,416 |
Alan Fournier Total Holding History ($B)
Alan Fournier's Asset Allocation
Alan Fournier Past Portfolios
| Portfolio Date | Number of Stocks | New Stocks | Total Value ($Mil) | Q/Q Turnover |
|---|---|---|---|---|
Top Ranked Articles
- 1
Alan Fournier's Hypothetical Growth since 2026-03-31
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
Size field:
Alan Fournier's Holdings Bubble Chart
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers