Latest AREX Capital Management, LP Stock Portfolio
AREX Capital Management, LP Performance:
2024 Q3: -3.25%YTD: -10.89%2023: -26.84%
Performance for 2024 Q3 is -3.25%, and YTD is -10.89%, and 2023 is -26.84%.
About AREX Capital Management, LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, AREX Capital Management, LP reported an equity portfolio of $82.3 Millions as of 30 Sep, 2024.
The top stock holdings of AREX Capital Management, LP are CNNE, EHAB, MODG. The fund has invested 28.2% of it's portfolio in CANNAE HLDGS INC and 23.4% of portfolio in ENHABIT INC.
The fund managers got completely rid off SPECTRUM BRANDS HLDGS INC NE (SPB), FORTREA HLDGS INC and CHEMOURS CO (CC) stocks. They significantly reduced their stock positions in THE ODP CORP (ODP), NCR ATLEOS CORPORATION and ORTHOFIX MED INC (OFIX). AREX Capital Management, LP opened new stock positions in MITEK SYS INC (MITK), BROOKFIELD CORP and LIBERTY BROADBAND CORP (LBRDA). The fund showed a lot of confidence in some stocks as they added substantially to SKILLSOFT CORP (SKIL) and TOPGOLF CALLAWAY BRANDS CORP (MODG).
The top stock holdings of AREX Capital Management, LP are CNNE, EHAB, MODG. The fund has invested 28.2% of it's portfolio in CANNAE HLDGS INC and 23.4% of portfolio in ENHABIT INC.
The fund managers got completely rid off SPECTRUM BRANDS HLDGS INC NE (SPB), FORTREA HLDGS INC and CHEMOURS CO (CC) stocks. They significantly reduced their stock positions in THE ODP CORP (ODP), NCR ATLEOS CORPORATION and ORTHOFIX MED INC (OFIX). AREX Capital Management, LP opened new stock positions in MITEK SYS INC (MITK), BROOKFIELD CORP and LIBERTY BROADBAND CORP (LBRDA). The fund showed a lot of confidence in some stocks as they added substantially to SKILLSOFT CORP (SKIL) and TOPGOLF CALLAWAY BRANDS CORP (MODG).
AREX Capital Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that AREX Capital Management, LP made a return of -3.25% in the last quarter. In trailing 12 months, it's portfolio return was -38.24%.
New Buys
| Ticker | $ Bought |
|---|---|
| mitek sys inc | 1,517,250 |
| brookfield corp | 470,909 |
| liberty broadband corp | 279,790 |
| iac inc | 266,947 |
New stocks bought by AREX Capital Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| skillsoft corp | 133 |
| topgolf callaway brands corp | 115 |
Additions to existing portfolio by AREX Capital Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| the odp corp | -38.15 |
| ncr atleos corporation | -29.33 |
| orthofix med inc | -24.95 |
| ncr voyix corporation | -23.2 |
| cannae hldgs inc | -3.35 |
| kbr inc | -2.44 |
| enhabit inc | -1.24 |
AREX Capital Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| spectrum brands hldgs inc ne | -2,449,000 |
| fortrea hldgs inc | -525,150 |
| chemours co | -338,550 |
| dayforce inc | -249,488 |
AREX Capital Management, LP got rid off the above stocks
Sector Distribution
AREX Capital Management, LP has about 33.6% of it's holdings in Consumer Cyclical sector.
| Sector | % |
|---|---|
| Consumer Cyclical | 33.6 |
| Healthcare | 26.8 |
| Others | 19.4 |
| Technology | 8.4 |
| Industrials | 7.9 |
| Consumer Defensive | 3.7 |
Market Cap. Distribution
AREX Capital Management, LP has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| SMALL-CAP | 62.2 |
| UNALLOCATED | 19.4 |
| MID-CAP | 8.2 |
| NANO-CAP | 6.5 |
| MICRO-CAP | 3.7 |
Stocks belong to which Index?
About 79.7% of the stocks held by AREX Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 79.7 |
| Others | 20.3 |
AREX Capital Management, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of AREX Capital Management, LP
AREX Capital Management, LP has 13 stocks in it's portfolio. About 98.8% of the portfolio is in top 10 stocks. EHAB proved to be the most loss making stock for the portfolio. CNNE was the most profitable stock for AREX Capital Management, LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| CC | chemours co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CDAY | dayforce inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CNNE | cannae hldgs inc | 28.22 | 1,218,260 | 23,220,100 | reduced | -3.35 | ||
| EHAB | enhabit inc | 23.45 | 2,441,920 | 19,291,200 | reduced | -1.24 | ||
| IAC | iac inc | 0.32 | 4,960 | 266,947 | new | |||
| KBR | kbr inc | 7.92 | 100,000 | 6,513,000 | reduced | -2.44 | ||
| LBRDA | liberty broadband corp | 0.34 | 3,620 | 279,790 | new | |||
| MITK | mitek sys inc | 1.84 | 175,000 | 1,517,250 | new | |||
| MODG | topgolf callaway brands corp | 13.85 | 1,037,690 | 11,393,800 | added | 115 | ||
| NCR | ncr voyix corporation | 6.52 | 395,500 | 5,366,940 | reduced | -23.2 | ||
| ODP | the odp corp | 5.38 | 148,750 | 4,425,310 | reduced | -38.15 | ||
| OFIX | orthofix med inc | 3.31 | 174,500 | 2,725,690 | reduced | -24.95 | ||
| SKIL | skillsoft corp | 3.68 | 195,131 | 3,024,530 | added | 133 | ||
| SPB | spectrum brands hldgs inc ne | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ncr atleos corporation | 4.60 | 132,500 | 3,780,220 | reduced | -29.33 | |||
| brookfield corp | 0.57 | 8,860 | 470,909 | new | ||||
| fortrea hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | |||