Latest Forest Avenue Capital Management LP Stock Portfolio

Forest Avenue Capital Management LP Performance:

2024 Q3: 7.06%YTD: 17.22%2023: 40.09%

Performance for 2024 Q3 is 7.06%, and YTD is 17.22%, and 2023 is 40.09%.

About Forest Avenue Capital Management LP and 13F Hedge Fund Stock Holdings

Forest Avenue Capital Management LP is a hedge fund based in COCONUT GROVE, FL. On 24-Feb-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $237.2 Millions. In it's latest 13F Holdings report, Forest Avenue Capital Management LP reported an equity portfolio of $823.7 Millions as of 30 Sep, 2024.

The top stock holdings of Forest Avenue Capital Management LP are CEG, VST, . The fund has invested 11.1% of it's portfolio in CONSTELLATION ENERGY CORP and 10.4% of portfolio in VISTRA CORP.

The fund managers got completely rid off WALMART INC (WMT), UBER TECHNOLOGIES INC (UBER) and FIRST SOLAR INC (FSLR) stocks. They significantly reduced their stock positions in CHEMOURS CO (CC), FRONTLINE PLC (FRO) and ARCH RESOURCES INC (ARCH). Forest Avenue Capital Management LP opened new stock positions in CONSTELLATION ENERGY CORP (CEG), VICTORIAS SECRET AND CO (VSCO) and META PLATFORMS INC (META). The fund showed a lot of confidence in some stocks as they added substantially to WARRIOR MET COAL INC (HCC), VISTRA CORP (VST) and XPO INC (XPO).

Forest Avenue Capital Management LP Annual Return Estimates Vs S&P 500

Our best estimate is that Forest Avenue Capital Management LP made a return of 7.06% in the last quarter. In trailing 12 months, it's portfolio return was 29.73%.

New Buys

Ticker	$ Bought
constellation energy corp	91,026,500
victorias secret and co	40,861,400
meta platforms inc	33,487,700
ati inc	28,699,600
carpenter technology corp	25,261,500
dollar tree inc	19,591,200
vestis corporation	19,486,200

New stocks bought by Forest Avenue Capital Management LP

Additions

Ticker	% Inc.
warrior met coal inc	95.03
vistra corp	35.51
xpo inc	22.63
bath & body works inc	19.08
core & main inc	18.36
viking holdings ltd	11.36
teck resources ltd	3.66
royal caribbean group	2.79

Additions to existing portfolio by Forest Avenue Capital Management LP

Reductions

Ticker	% Reduced
chemours co	-39.17
frontline plc	-22.36
arch resources inc	-12.46
matson inc	-1.56
tempur sealy intl inc	-0.35

Forest Avenue Capital Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
pg&e corp	-27,551,000
carnival corp	-17,997,400
walmart inc	-44,920,600
uber technologies inc	-44,827,400
united states stl corp new	-22,769,900
spirit aerosystems hldgs inc	-16,231,200
ge vernova inc	-24,543,100
first solar inc	-30,962,200

Forest Avenue Capital Management LP got rid off the above stocks

Sector Distribution

Forest Avenue Capital Management LP has about 26.5% of it's holdings in Industrials sector.

Sector	%
Industrials	26.5
Utilities	21.5
Consumer Cyclical	21.2
Others	18.1
Basic Materials	6.3
Communication Services	4.1
Consumer Defensive	2.4

Market Cap. Distribution

Forest Avenue Capital Management LP has about 42.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	38.7
MID-CAP	34.2
UNALLOCATED	18.1
SMALL-CAP	5
MEGA-CAP	4.1

Stocks belong to which Index?

About 43.5% of the stocks held by Forest Avenue Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	56.4
S&P 500	28
RUSSELL 2000	15.5

Top 5 Winners (%)		%
VST	vistra corp	38.1 %
CEG	constellation energy corp	33.4 %
RRX	regal rexnord corporation	22.7 %
TPX	tempur sealy intl inc	15.3 %
CRS	carpenter technology corp	12.0 %

Top 5 Winners ($)		$
VST	vistra corp	23.7 M
CEG	constellation energy corp	22.8 M
RRX	regal rexnord corporation	8.1 M
TPX	tempur sealy intl inc	6.2 M
RCL	royal caribbean group	4.0 M

Top 5 Losers (%)		%
DLTR	dollar tree inc	-27.5 %
BBWI	bath & body works inc	-16.2 %
CC	chemours co	-10.0 %
ARCH	arch resources inc	-9.4 %
CNM	core & main inc	-9.3 %

Top 5 Losers ($)		$
BBWI	bath & body works inc	-9.1 M
DLTR	dollar tree inc	-7.4 M
CNM	core & main inc	-5.1 M
CC	chemours co	-1.9 M
ARCH	arch resources inc	-1.8 M

Forest Avenue Capital Management LP Holdings Map

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

Current Stock Holdings of Forest Avenue Capital Management LP

Forest Avenue Capital Management LP has 21 stocks in it's portfolio. About 66.7% of the portfolio is in top 10 stocks. BBWI proved to be the most loss making stock for the portfolio. VST was the most profitable stock for Forest Avenue Capital Management LP last quarter.

Last Reported on: 13 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ARCH	arch resources inc	1.84	109,820	15,172,700	reduced	-12.46

ATI	ati inc	3.48	428,929	28,699,600	new

BBWI	bath & body works inc	5.69	1,467,760	46,851,000	added	19.08

CC	chemours co	1.27	514,492	10,454,500	reduced	-39.17

CCL	carnival corp	0.00	0.00	0.00	sold off	-100

CEG	constellation energy corp	11.05	350,075	91,026,500	new

CNM	core & main inc	6.05	1,122,250	49,827,900	added	18.36

CRS	carpenter technology corp	3.07	158,300	25,261,500	new

DLTR	dollar tree inc	2.38	278,600	19,591,200	new

FRO	frontline plc	3.08	1,110,250	25,369,200	reduced	-22.36

FSLR	first solar inc	0.00	0.00	0.00	sold off	-100

HCC	warrior met coal inc	3.19	411,547	26,297,900	added	95.03

MATX	matson inc	3.96	228,838	32,636,900	reduced	-1.56

META	meta platforms inc	4.07	58,500	33,487,700	new

PCG	pg&e corp	0.00	0.00	0.00	sold off	-100

RCL	royal caribbean group	4.86	225,911	40,067,600	added	2.79

RRX	regal rexnord corporation	5.30	262,982	43,623,500	added	0.03

SPR	spirit aerosystems hldgs inc	0.00	0.00	0.00	sold off	-100

TPX	tempur sealy intl inc	5.67	854,758	46,669,800	reduced	-0.35

UBER	uber technologies inc	0.00	0.00	0.00	sold off	-100