Latest NEW SOUTH CAPITAL MANAGEMENT INC Stock Portfolio

NEW SOUTH CAPITAL MANAGEMENT INC Performance:

2024 Q3: 7.24%YTD: 11.71%2023: 20.07%

Performance for 2024 Q3 is 7.24%, and YTD is 11.71%, and 2023 is 20.07%.

About NEW SOUTH CAPITAL MANAGEMENT INC and 13F Hedge Fund Stock Holdings

NEW SOUTH CAPITAL MANAGEMENT INC is a hedge fund based in MEMPHIS, TN. On 26-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.3 Billions. In it's latest 13F Holdings report, NEW SOUTH CAPITAL MANAGEMENT INC reported an equity portfolio of $2.4 Billions as of 30 Sep, 2024.

The top stock holdings of NEW SOUTH CAPITAL MANAGEMENT INC are VRT, AZO, ZBRA. The fund has invested 10.4% of it's portfolio in VERTIV HOLDINGS LLC and 7.1% of portfolio in AUTOZONE INC.

The fund managers got completely rid off SIRIUS XM HOLDINGS INC. (SIRI) stocks. They significantly reduced their stock positions in ISHARES - RUSSELL 2000 VALUE (IJR), SHOE CARNIVAL INC. (SCVL) and AMDOCS LTD. NEW SOUTH CAPITAL MANAGEMENT INC opened new stock positions in INTERNATIONAL MONEY EXPRESS IN (IMXI), SIRIUS XM HOLDINGS INC. and KINDER MORGAN INC (KMI). The fund showed a lot of confidence in some stocks as they added substantially to GARRETT MOTION INC. (GTX), STANLEY BLACK & DECKER (SWK) and MARRIOTT VACATIONS WORLDWIDE C (VAC).

NEW SOUTH CAPITAL MANAGEMENT INC Annual Return Estimates Vs S&P 500

Our best estimate is that NEW SOUTH CAPITAL MANAGEMENT INC made a return of 7.24% in the last quarter. In trailing 12 months, it's portfolio return was 21.83%.

New Buys

Ticker	$ Bought
international money express in	17,055,100
sirius xm holdings inc.	1,620,400
kinder morgan inc	212,970

New stocks bought by NEW SOUTH CAPITAL MANAGEMENT INC

Additions

Ticker	% Inc.
garrett motion inc.	18.95
stanley black & decker	7.38
marriott vacations worldwide c	6.63
royalty pharma plc	5.00
invesco floating rate esg fund	2.33
hudson technologies inc	2.1
fmc corp.	1.5
digitalbridge group inc.	0.27

Additions to existing portfolio by NEW SOUTH CAPITAL MANAGEMENT INC

Reductions

Ticker	% Reduced
ishares - russell 2000 value	-37.23
shoe carnival inc.	-35.65
amdocs ltd	-11.57
warner bros. discovery inc.	-8.77
brookfield asset management lt	-6.95
brookfield renewable corp.	-2.91
wex inc.	-2.81
fidelity natl info services	-2.01

NEW SOUTH CAPITAL MANAGEMENT INC reduced stake in above stock

Sold off

Ticker	$ Sold
sirius xm holdings inc.	-1,939,050

NEW SOUTH CAPITAL MANAGEMENT INC got rid off the above stocks

Sector Distribution

NEW SOUTH CAPITAL MANAGEMENT INC has about 26.2% of it's holdings in Industrials sector.

Sector	%
Industrials	26.2
Technology	18
Consumer Cyclical	16
Others	14.9
Healthcare	8.4
Basic Materials	5.8
Financial Services	4.9
Real Estate	2.3
Consumer Defensive	2.3
Communication Services	1.2

Market Cap. Distribution

NEW SOUTH CAPITAL MANAGEMENT INC has about 44.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	40.2
MID-CAP	31.4
UNALLOCATED	14.9
SMALL-CAP	9.5
MEGA-CAP	3.9

Stocks belong to which Index?

About 49.1% of the stocks held by NEW SOUTH CAPITAL MANAGEMENT INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	50.9
S&P 500	29
RUSSELL 2000	20.1

Top 5 Winners (%)		%
HBI	hanesbrands inc.	48.9 %
SWK	stanley black & decker	35.7 %
IBM	international business machine	27.8 %
BMY	bristol-myers squibb co.	24.6 %
AVTR	avantor inc.	22.0 %

Top 5 Winners ($)		$
VRT	vertiv holdings llc	32.9 M
ZBRA	zebra technologies corp. cl a	28.3 M
HBI	hanesbrands inc.	18.1 M
TMO	thermo fisher scientific inc.	10.4 M
AZO	autozone inc.	10.4 M

Top 5 Losers (%)		%
AMN	amn healthcare services	-16.9 %
VAC	marriott vacations worldwide c	-15.1 %
FDX	fedex corp.	-8.6 %
HDSN	hudson technologies inc	-5.0 %
GTX	garrett motion inc.	-4.3 %

Top 5 Losers ($)		$
AMN	amn healthcare services	-4.9 M
VAC	marriott vacations worldwide c	-4.8 M
FDX	fedex corp.	-4.6 M
EEFT	euronet worldwide inc.	-2.7 M
LKQ	lkq corp.	-2.6 M

NEW SOUTH CAPITAL MANAGEMENT INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of NEW SOUTH CAPITAL MANAGEMENT INC

NEW SOUTH CAPITAL MANAGEMENT INC has 62 stocks in it's portfolio. About 49.4% of the portfolio is in top 10 stocks. AMN proved to be the most loss making stock for the portfolio. VRT was the most profitable stock for NEW SOUTH CAPITAL MANAGEMENT INC last quarter.

Last Reported on: 05 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ishares short-term corporate b	0.14	67,328	3,545,490	unchanged	0.00

AMN	amn healthcare services	0.96	553,891	23,479,400	reduced	-1.64

AMSF	amerisafe inc.	0.40	200,973	9,713,020	reduced	-0.08

ASGN	asgn inc.	1.14	297,674	27,752,100	reduced	-1.85

AVTR	avantor inc.	1.46	1,379,770	35,694,600	reduced	-1.81

AZO	autozone inc.	7.08	54,991	173,224,000	reduced	-1.75

BMY	bristol-myers squibb co.	0.01	7,189	371,959	unchanged	0.00

DBRG	digitalbridge group inc.	2.28	3,940,200	55,675,100	added	0.27

EEFT	euronet worldwide inc.	2.50	616,147	61,140,300	reduced	-1.52

ENS	enersys inc.	2.31	553,052	56,439,000	reduced	-1.51

ESI	element solutions inc.	2.04	1,832,770	49,778,100	reduced	-0.41

FCFS	firstcash holdings inc.	0.90	191,308	21,962,200	reduced	-0.09

FDX	fedex corp.	1.94	173,696	47,537,200	reduced	-1.39

FHN	first horizon corp.	0.01	10,117	157,117	unchanged	0.00

FIS	fidelity natl info services	0.50	144,932	12,138,100	reduced	-2.01

FMC	fmc corp.	1.80	665,979	43,914,600	added	1.5

GTX	garrett motion inc.	0.91	2,710,240	22,169,800	added	18.95

HBI	hanesbrands inc.	2.23	7,422,750	54,557,200	reduced	-1.13

HDSN	hudson technologies inc	0.46	1,343,170	11,202,100	added	2.1

HOLX	hologic inc.	0.64	192,439	15,676,100	reduced	-0.64