Latest Forest Avenue Capital Management LP Stock Portfolio
$407Million
Equity Portfolio Value
Last Reported on: 13 May, 2024
About Forest Avenue Capital Management LP and it’s 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 $407.2 Millions as of 31 Mar, 2024.
The top stock holdings of Forest Avenue Capital Management LP are CNM, TPX, BBWI. The fund has invested 8.8% of it's portfolio in CORE & MAIN INC and 7.9% of portfolio in TEMPUR SEALY INTL INC .
The fund managers got completely rid off FEDEX CORP (FDX), FIRST SOLAR INC (FSLR) and QUANTA SVCS INC (PWR) stocks. They significantly reduced their stock positions in META PLATFORMS INC (META), PG&E CORP (PCG) and BATH & BODY WORKS INC (BBWI). Forest Avenue Capital Management LP opened new stock positions in VISTRA CORP (VST), CARNIVAL CORP (CCL) and WALMART INC (WMT). The fund showed a lot of confidence in some stocks as they added substantially to MATSON INC (MATX), CORE & MAIN INC (CNM) and TEMPUR SEALY INTL INC (TPX).
The top stock holdings of Forest Avenue Capital Management LP are CNM, TPX, BBWI. The fund has invested 8.8% of it's portfolio in CORE & MAIN INC and 7.9% of portfolio in TEMPUR SEALY INTL INC .
The fund managers got completely rid off FEDEX CORP (FDX), FIRST SOLAR INC (FSLR) and QUANTA SVCS INC (PWR) stocks. They significantly reduced their stock positions in META PLATFORMS INC (META), PG&E CORP (PCG) and BATH & BODY WORKS INC (BBWI). Forest Avenue Capital Management LP opened new stock positions in VISTRA CORP (VST), CARNIVAL CORP (CCL) and WALMART INC (WMT). The fund showed a lot of confidence in some stocks as they added substantially to MATSON INC (MATX), CORE & MAIN INC (CNM) and TEMPUR SEALY INTL INC (TPX).
New Buys
| Ticker | $ Bought |
|---|---|
| VISTRA CORP | 30,576,400 |
| CARNIVAL CORP | 24,302,500 |
| WALMART INC | 22,858,600 |
| ULTA BEAUTY INC | 22,431,600 |
| GE VERNOVA LLC | 16,232,200 |
| ALPHABET INC | 11,130,200 |
| CHEMOURS CO | 6,593,050 |
New stocks bought by Forest Avenue Capital Management LP
Additions
| Ticker | % Inc. |
|---|---|
| MATSON INC | 141 |
| CORE & MAIN INC | 92.37 |
| TEMPUR SEALY INTL INC | 40.42 |
| CHENIERE ENERGY INC | 29.26 |
| FRONTLINE PLC | 19.92 |
| REGAL REXNORD CORPORATION | 17.76 |
| ARCH RESOURCES INC | 1.77 |
Additions to existing portfolio by Forest Avenue Capital Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| META PLATFORMS INC | -37.14 |
| PG&E CORP | -32.24 |
| BATH & BODY WORKS INC | -3.23 |
Forest Avenue Capital Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| GOODYEAR TIRE & RUBR CO | -10,591,700 |
| CLEVELAND-CLIFFS INC NEW | -6,205,640 |
| CAESARS ENTERTAINMENT INC NE | -8,841,570 |
| VALVOLINE INC | -5,262,440 |
| FIRST SOLAR INC | -17,994,600 |
| FEDEX CORP | -23,374,400 |
| QUANTA SVCS INC | -13,724,900 |
Forest Avenue Capital Management LP got rid off the above stocks
Current Stock Holdings of Forest Avenue Capital Management LP
Last Reported on: 13 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| ARCH | ARCH RESOURCES INC | 4.55 | 115,295 | 18,538,300 | ADDED | 1.77 | |
| BBWI | BATH & BODY WORKS INC | 7.63 | 621,007 | 31,062,800 | REDUCED | -3.23 | |
| CC | CHEMOURS CO | 1.62 | 251,068 | 6,593,050 | NEW | ||
| CCL | CARNIVAL CORP | 5.97 | 1,487,300 | 24,302,500 | NEW | ||
| CLF | CLEVELAND-CLIFFS INC NEW | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CNM | CORE & MAIN INC | 8.76 | 622,900 | 35,661,000 | ADDED | 92.37 | |
| CZR | CAESARS ENTERTAINMENT INC NE | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| FDX | FEDEX CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| FRO | FRONTLINE PLC | 7.28 | 1,268,390 | 29,655,000 | ADDED | 19.92 | |
| FSLR | FIRST SOLAR INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| GOOG | ALPHABET INC | 2.73 | 73,100 | 11,130,200 | NEW | ||
| GT | GOODYEAR TIRE & RUBR CO | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| HCC | WARRIOR MET COAL INC | 1.64 | 110,300 | 6,695,210 | UNCHANGED | 0.00 | |
| LNG | CHENIERE ENERGY INC | 4.27 | 107,782 | 17,383,100 | ADDED | 29.26 | |
| MATX | MATSON INC | 4.27 | 154,724 | 17,391,000 | ADDED | 141 | |
| META | META PLATFORMS INC | 2.83 | 23,700 | 11,508,200 | REDUCED | -37.14 | |
| PCG | PG&E CORP | 4.15 | 1,007,700 | 16,889,100 | REDUCED | -32.24 | |
| PWR | QUANTA SVCS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| RRX | REGAL REXNORD CORPORATION | 7.10 | 160,498 | 28,905,700 | ADDED | 17.76 | |
| TPX | TEMPUR SEALY INTL INC | 7.86 | 563,500 | 32,018,100 | ADDED | 40.42 | |
| ULTA | ULTA BEAUTY INC | 5.51 | 42,900 | 22,431,600 | NEW | ||
| VST | VISTRA CORP | 7.51 | 439,000 | 30,576,400 | NEW | ||
| VVV | VALVOLINE INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| WMT | WALMART INC | 5.61 | 379,900 | 22,858,600 | NEW | ||
| XPO | XPO INC | 6.64 | 221,600 | 27,041,800 | UNCHANGED | 0.00 | |
| GE VERNOVA LLC | 3.99 | 118,700 | 16,232,200 | NEW | |||
| NET POWER INC | 0.09 | 125,000 | 362,500 | UNCHANGED | 0.00 |