Latest Appian Way Asset Management LP Stock Portfolio
Appian Way Asset Management LP Performance:
2024 Q3: 12.2%YTD: 22.23%2023: 6.41%
Performance for 2024 Q3 is 12.2%, and YTD is 22.23%, and 2023 is 6.41%.
About Appian Way Asset Management LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Appian Way Asset Management LP reported an equity portfolio of $444.7 Millions as of 30 Sep, 2024.
The top stock holdings of Appian Way Asset Management LP are PCT, SEE, SGML. The fund has invested 12.1% of it's portfolio in PURECYCLE TECHNOLOGIES INC and 11.6% of portfolio in SEALED AIR CORP NEW.
The fund managers got completely rid off KNIGHT-SWIFT TRANSN HLDGS IN (KNX), CSX CORP (CSX) and L3HARRIS TECHNOLOGIES INC (LHX) stocks. They significantly reduced their stock positions in HORMEL FOODS CORP (HRL), SPIRIT AEROSYSTEMS HLDGS INC (SPR) and ALASKA AIR GROUP INC (ALK). Appian Way Asset Management LP opened new stock positions in CHEMOURS CO (CC), GOLAR LNG LTD and ELEMENT SOLUTIONS INC (ESI). The fund showed a lot of confidence in some stocks as they added substantially to NEXGEN ENERGY LTD, SIGMA LITHIUM CORPORATION (SGML) and PRIMORIS SVCS CORP (PRIM).
The top stock holdings of Appian Way Asset Management LP are PCT, SEE, SGML. The fund has invested 12.1% of it's portfolio in PURECYCLE TECHNOLOGIES INC and 11.6% of portfolio in SEALED AIR CORP NEW.
The fund managers got completely rid off KNIGHT-SWIFT TRANSN HLDGS IN (KNX), CSX CORP (CSX) and L3HARRIS TECHNOLOGIES INC (LHX) stocks. They significantly reduced their stock positions in HORMEL FOODS CORP (HRL), SPIRIT AEROSYSTEMS HLDGS INC (SPR) and ALASKA AIR GROUP INC (ALK). Appian Way Asset Management LP opened new stock positions in CHEMOURS CO (CC), GOLAR LNG LTD and ELEMENT SOLUTIONS INC (ESI). The fund showed a lot of confidence in some stocks as they added substantially to NEXGEN ENERGY LTD, SIGMA LITHIUM CORPORATION (SGML) and PRIMORIS SVCS CORP (PRIM).
Appian Way Asset Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Appian Way Asset Management LP made a return of 12.2% in the last quarter. In trailing 12 months, it's portfolio return was 32.68%.
New Buys
| Ticker | $ Bought |
|---|---|
| chemours co | 34,151,300 |
| golar lng ltd | 15,351,400 |
| element solutions inc | 14,553,500 |
| select sector spdr tr | 14,291,900 |
| vertiv holdings co | 8,655,630 |
| saia inc | 7,115,970 |
| transdigm group inc | 6,564,800 |
| 3m co | 5,585,970 |
New stocks bought by Appian Way Asset Management LP
Additions
| Ticker | % Inc. |
|---|---|
| nexgen energy ltd | 403 |
| sigma lithium corporation | 57.15 |
| primoris svcs corp | 49.08 |
| westlake corporation | 34.35 |
| mastec inc | 21.51 |
| united airls hldgs inc | 19.38 |
| purecycle technologies inc | 17.63 |
| dycom inds inc | 17.53 |
Additions to existing portfolio by Appian Way Asset Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| hormel foods corp | -68.93 |
| spirit aerosystems hldgs inc | -59.37 |
| alaska air group inc | -50.77 |
| parsons corp del | -44.21 |
| ati inc | -21.59 |
Appian Way Asset Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| csx corp | -16,392,600 |
| knight-swift transn hldgs in | -19,806,500 |
| mosaic co new | -10,241,300 |
| ferroglobe plc | -1,876,000 |
| embraer s.a. | -5,289,670 |
| ball corp | -8,181,450 |
| international paper co | -4,816,530 |
| axalta coating sys ltd | -3,307,080 |
Appian Way Asset Management LP got rid off the above stocks
Sector Distribution
Appian Way Asset Management LP has about 45.9% of it's holdings in Industrials sector.
| Sector | % |
|---|---|
| Industrials | 45.9 |
| Others | 21 |
| Basic Materials | 15.2 |
| Consumer Cyclical | 11.6 |
| Technology | 5.1 |
Market Cap. Distribution
Appian Way Asset Management LP has about 15.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 50.8 |
| UNALLOCATED | 21 |
| LARGE-CAP | 15.7 |
| SMALL-CAP | 12.1 |
Stocks belong to which Index?
About 50.8% of the stocks held by Appian Way Asset Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 49.2 |
| RUSSELL 2000 | 29.6 |
| S&P 500 | 21.2 |
Appian Way Asset Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Appian Way Asset Management LP
Appian Way Asset Management LP has 29 stocks in it's portfolio. About 72.9% of the portfolio is in top 10 stocks. DRIO proved to be the most loss making stock for the portfolio. PCT was the most profitable stock for Appian Way Asset Management LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AA | alcoa corp | 0.30 | 35,000 | 1,350,300 | new | |||
| AGCO | agco corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ALK | alaska air group inc | 0.67 | 65,484 | 2,960,530 | reduced | -50.77 | ||
| APD | air prods & chems inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ATI | ati inc | 1.92 | 127,644 | 8,540,660 | reduced | -21.59 | ||
| AXTA | axalta coating sys ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AZEK | azek co inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BALL | ball corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BLDR | builders firstsource inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CC | chemours co | 7.68 | 1,680,670 | 34,151,300 | new | |||
| CCK | crown hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CPA | copa holdings sa | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CSL | carlisle cos inc | 1.05 | 10,387 | 4,671,550 | new | |||
| CSX | csx corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DAR | darling ingredients inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DD | dupont de nemours inc | 0.76 | 37,987 | 3,385,020 | added | 2.67 | ||
| DE | deere & co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DRIO | dariohealth corp | 0.36 | 1,410,870 | 1,580,170 | added | 2.54 | ||
| DY | dycom inds inc | 8.98 | 202,551 | 39,922,800 | added | 17.53 | ||
| ENPH | enphase energy inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||