Latest Broad Bay Capital Management, LP Stock Portfolio
Broad Bay Capital Management, LP Performance:
2024 Q3: 9.89%YTD: 21.75%2023: 24.3%
Performance for 2024 Q3 is 9.89%, and YTD is 21.75%, and 2023 is 24.3%.
About Broad Bay Capital Management, LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Broad Bay Capital Management, LP reported an equity portfolio of $728 Millions as of 30 Sep, 2024.
The top stock holdings of Broad Bay Capital Management, LP are FTAI, CVCO, BATRA. The fund has invested 14.1% of it's portfolio in FTAI AVIATION LTD and 10.6% of portfolio in CAVCO INDS INC DEL.
The fund managers got completely rid off LYFT INC (LYFT), ZIM INTEGRATED SHIPPING SERV and TREX CO INC (TREX) stocks. They significantly reduced their stock positions in FTAI AVIATION LTD (FTAI), APPLOVIN CORP (APP) and EVENTBRITE INC (EB). Broad Bay Capital Management, LP opened new stock positions in REDDIT INC, TECNOGLASS INC (TGLS) and SWEETGREEN INC (SG). The fund showed a lot of confidence in some stocks as they added substantially to BIRKENSTOCK HOLDING PLC, VICTORIAS SECRET AND CO (VSCO) and GREEN PLAINS INC (GPRE).
The top stock holdings of Broad Bay Capital Management, LP are FTAI, CVCO, BATRA. The fund has invested 14.1% of it's portfolio in FTAI AVIATION LTD and 10.6% of portfolio in CAVCO INDS INC DEL.
The fund managers got completely rid off LYFT INC (LYFT), ZIM INTEGRATED SHIPPING SERV and TREX CO INC (TREX) stocks. They significantly reduced their stock positions in FTAI AVIATION LTD (FTAI), APPLOVIN CORP (APP) and EVENTBRITE INC (EB). Broad Bay Capital Management, LP opened new stock positions in REDDIT INC, TECNOGLASS INC (TGLS) and SWEETGREEN INC (SG). The fund showed a lot of confidence in some stocks as they added substantially to BIRKENSTOCK HOLDING PLC, VICTORIAS SECRET AND CO (VSCO) and GREEN PLAINS INC (GPRE).
Broad Bay Capital Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Broad Bay Capital Management, LP made a return of 9.89% in the last quarter. In trailing 12 months, it's portfolio return was 38.79%.
New Buys
| Ticker | $ Bought |
|---|---|
| reddit inc | 32,149,200 |
| tecnoglass inc | 28,901,300 |
| sweetgreen inc | 23,946,600 |
| first solar inc | 23,349,600 |
| five below inc | 13,759,100 |
New stocks bought by Broad Bay Capital Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| birkenstock holding plc | 86.67 |
| victorias secret and co | 27.07 |
| green plains inc | 4.36 |
| mediaalpha inc | 3.54 |
| marinemax inc | 2.2 |
Additions to existing portfolio by Broad Bay Capital Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| ftai aviation ltd | -57.33 |
| applovin corp | -29.92 |
| eventbrite inc | -27.16 |
| planet fitness inc | -21.75 |
| cavco inds inc del | -16.32 |
| wix com ltd | -9.68 |
| willscot hldgs corp | -8.33 |
| vse corp | -8.13 |
Broad Bay Capital Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| lyft inc | -11,666,300 |
| zim integrated shipping serv | -9,377,910 |
| bath & body works inc | -8,712,060 |
| atlanta braves hldgs inc | -5,724,200 |
| trex co inc | -9,124,170 |
Broad Bay Capital Management, LP got rid off the above stocks
Sector Distribution
Broad Bay Capital Management, LP has about 29.5% of it's holdings in Consumer Cyclical sector.
| Sector | % |
|---|---|
| Consumer Cyclical | 29.5 |
| Industrials | 25.2 |
| Others | 21.1 |
| Technology | 9.7 |
| Basic Materials | 8.3 |
| Communication Services | 6.1 |
Market Cap. Distribution
Broad Bay Capital Management, LP has about 23% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 35.6 |
| LARGE-CAP | 23 |
| UNALLOCATED | 21.1 |
| SMALL-CAP | 20.2 |
Stocks belong to which Index?
About 61% of the stocks held by Broad Bay Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 54.5 |
| Others | 39 |
| S&P 500 | 6.5 |
Broad Bay Capital Management, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Broad Bay Capital Management, LP
Broad Bay Capital Management, LP has 20 stocks in it's portfolio. About 72.2% of the portfolio is in top 10 stocks. EB proved to be the most loss making stock for the portfolio. FTAI was the most profitable stock for Broad Bay Capital Management, LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| APP | applovin corp | 2.40 | 133,650 | 17,448,000 | reduced | -29.92 | ||
| BATRA | atlanta braves hldgs inc | 8.61 | 1,574,590 | 62,668,600 | reduced | -4.9 | ||
| BATRA | atlanta braves hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BBWI | bath & body works inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CVCO | cavco inds inc del | 10.60 | 180,176 | 77,158,600 | reduced | -16.32 | ||
| EB | eventbrite inc | 0.76 | 2,037,150 | 5,561,420 | reduced | -27.16 | ||
| FIVE | five below inc | 1.89 | 155,734 | 13,759,100 | new | |||
| FSLR | first solar inc | 3.21 | 93,608 | 23,349,600 | new | |||
| FTAI | ftai aviation ltd | 14.10 | 772,159 | 102,620,000 | reduced | -57.33 | ||
| GPRE | green plains inc | 4.35 | 2,339,670 | 31,679,100 | added | 4.36 | ||
| HZO | marinemax inc | 3.78 | 779,366 | 27,488,200 | added | 2.2 | ||
| LYFT | lyft inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| MAX | mediaalpha inc | 6.14 | 2,467,470 | 44,685,800 | added | 3.54 | ||
| PLNT | planet fitness inc | 7.65 | 685,681 | 55,691,000 | reduced | -21.75 | ||
| SG | sweetgreen inc | 3.29 | 675,503 | 23,946,600 | new | |||
| TGLS | tecnoglass inc | 3.97 | 420,933 | 28,901,300 | new | |||
| TREX | trex co inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| VSCO | victorias secret and co | 2.31 | 654,434 | 16,819,000 | added | 27.07 | ||
| VSEC | vse corp | 2.89 | 254,034 | 21,016,200 | reduced | -8.13 | ||
| WDC | western digital corp. | 3.32 | 353,700 | 24,154,200 | reduced | -0.25 | ||