Latest Appian Way Asset Management LP Stock Portfolio

$390Million– No. of Holdings #38

Appian Way Asset Management LP Performance:

2024 Q2: -0.09%YTD: 8.94%2023: 6.41%

Performance for 2024 Q2 is -0.09%, and YTD is 8.94%, 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 $390.5 Millions as of 30 Jun, 2024.

The top stock holdings of Appian Way Asset Management LP are SEE, SPR, PSN. The fund has invested 12% of it's portfolio in SEALED AIR CORP NEW and 10.2% of portfolio in SPIRIT AEROSYSTEMS HLDGS INC.

The fund managers got completely rid off NUTRIEN LTD, CAL MAINE FOODS INC (CALM) and ARCHER DANIELS MIDLAND CO (ADM) stocks. They significantly reduced their stock positions in FERROGLOBE PLC (GSM), WESTLAKE CORPORATION (WLK) and DYCOM INDS INC (DY). Appian Way Asset Management LP opened new stock positions in SPIRIT AEROSYSTEMS HLDGS INC (SPR), KNIGHT-SWIFT TRANSN HLDGS IN (KNX) and HORMEL FOODS CORP (HRL). The fund showed a lot of confidence in some stocks as they added substantially to PARSONS CORP DEL (PSN), BALL CORP (BALL) and INTERNATIONAL PAPER CO (IP).

Appian Way Asset Management LP Equity Portfolio Value

Last Reported on: 14 Aug, 2024

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 -0.09% in the last quarter. In trailing 12 months, it's portfolio return was 19.14%.

New Buys

Ticker	$ Bought
spirit aerosystems hldgs inc	39,968,600
knight-swift transn hldgs in	19,806,500
hormel foods corp	11,811,000
mosaic co new	10,241,300
embraer s.a.	5,289,670
air prods & chems inc	5,194,800
builders firstsource inc	3,820,120
primoris svcs corp	3,595,270

New stocks bought by Appian Way Asset Management LP

Additions

Ticker	% Inc.
parsons corp del	649
ball corp	139
international paper co	123
alaska air group inc	116
copa holdings sa	84.31
sealed air corp new	68.07
purecycle technologies inc	29.83
mastec inc	21.13

Additions to existing portfolio by Appian Way Asset Management LP

Reductions

Ticker	% Reduced
ferroglobe plc	-75.96
westlake corporation	-70.33
dycom inds inc	-12.68
csx corp	-12.39
ati inc	-5.58
l3harris technologies inc	-4.6
united airls hldgs inc	-1.05

Appian Way Asset Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
nutrien ltd	-26,334,000
chemours co	-7,575,010
cal maine foods inc	-13,116,000
archer daniels midland co	-8,781,220
pilgrims pride corp	-2,530,000
louisiana pac corp	-5,605,190
vertiv holdings co	-4,932,870
tritium dcfc limited	-740

Appian Way Asset Management LP got rid off the above stocks

Sector Distribution

Appian Way Asset Management LP has about 52.3% of it's holdings in Industrials sector.

Sector	%
Industrials	52.3
Consumer Cyclical	15.7
Others	11.6
Technology	8.6
Basic Materials	8.2
Consumer Defensive	3.3

Market Cap. Distribution

Appian Way Asset Management LP has about 23.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	57
LARGE-CAP	23.7
UNALLOCATED	11.6
SMALL-CAP	7.3

Stocks belong to which Index?

About 63% of the stocks held by Appian Way Asset Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	37
S&P 500	36.7
RUSSELL 2000	26.3

Top 5 Winners (%)		%
DY	dycom inds inc	15.9 %
MTZ	mastec inc	11.8 %
IP	international paper co	9.6 %
ATI	ati inc	8.5 %
HON	honeywell intl inc	6.3 %

Top 5 Winners ($)		$
DY	dycom inds inc	4.5 M
MTZ	mastec inc	1.8 M
PSN	parsons corp del	1.1 M
ATI	ati inc	0.8 M
SPR	spirit aerosystems hldgs inc	0.7 M

Top 5 Losers (%)		%
DRIO	dariohealth corp	-22.0 %
BLDR	builders firstsource inc	-18.2 %
DAR	darling ingredients inc	-13.5 %
HRL	hormel foods corp	-12.2 %
ENPH	enphase energy inc	-11.9 %

Top 5 Losers ($)		$
SEE	sealed air corp new	-2.4 M
CSX	csx corp	-2.0 M
HRL	hormel foods corp	-1.6 M
BALL	ball corp	-1.1 M
BLDR	builders firstsource inc	-0.9 M

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 38 stocks in it's portfolio. About 69.9% of the portfolio is in top 10 stocks. SEE proved to be the most loss making stock for the portfolio. DY was the most profitable stock for Appian Way Asset Management LP last quarter.

Last Reported on: 14 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ADM	archer daniels midland co	0.00	0.00	0.00	sold off	-100

AGCO	agco corp	0.42	16,700	1,634,600	new

ALK	alaska air group inc	1.38	133,018	5,373,930	added	116

AMD	advanced micro devices inc	0.00	0.00	0.00	sold off	-100

APD	air prods & chems inc	1.33	20,131	5,194,800	new

ATI	ati inc	2.31	162,782	9,026,260	reduced	-5.58

AXTA	axalta coating sys ltd	0.85	96,783	3,307,080	new

AZEK	azek co inc	0.73	67,600	2,847,990	new

BALL	ball corp	2.10	136,312	8,181,450	added	139

BLDR	builders firstsource inc	0.98	27,600	3,820,120	new

CALM	cal maine foods inc	0.00	0.00	0.00	sold off	-100

CC	chemours co	0.00	0.00	0.00	sold off	-100

CCK	crown hldgs inc	0.28	14,916	1,109,600	new

CPA	copa holdings sa	0.47	19,168	1,824,410	added	84.31

CSL	carlisle cos inc	0.00	0.00	0.00	sold off	-100

CSX	csx corp	4.20	490,062	16,392,600	reduced	-12.39

DAR	darling ingredients inc	0.28	29,674	1,090,520	new

DD	dupont de nemours inc	0.76	37,000	2,978,130	new

DE	deere & co	0.67	7,000	2,615,410	new

DRIO	dariohealth corp	0.42	1,375,880	1,637,300	added	3.13