Forest Avenue Capital Management LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Forest Avenue Capital Management LP disclosed 22 US equity positions worth $1.5bn in its Q4 2025 13F filing. The largest position was VIK at 13.5% of the reported book, followed by CRS and VST. Against the Q3 2025 filing, it opened 6 new positions, added to 8 and reduced 5 among the top 22 holdings.
What did Forest Avenue Capital Management LP own in Q4 2025? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | VIK VIKING HOLDINGS LTD | Consumer Cyclical | 13.5% | $204.5m | 2,863,247 | -19% | reduced |
| 2 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 13.1% | $198.4m | 630,061 | -0% | held |
| 3 | VST VISTRA CORP | Utilities | 11.9% | $181.0m | 1,121,665 | 61% | added |
| 4 | MTZ MASTEC INC | Industrials | 7.1% | $107.4m | 494,011 | 17% | added |
| 5 | WWD WOODWARD INC | Industrials | 6.9% | $104.3m | 344,999 | 38% | added |
| 6 | CNM CORE & MAIN INC | Industrials | 6.4% | $97.7m | 1,879,883 | 51% | added |
| 7 | RCL ROYAL CARIBBEAN GROUP | Consumer Cyclical | 5.3% | $80.8m | 289,860 | – | new |
| 8 | QXO QXO INC | Industrials | 4.7% | $72.0m | 3,734,990 | -0% | held |
| 9 | XPO XPO INC | Industrials | 4.2% | $63.5m | 467,057 | -5% | reduced |
| 10 | SGI SOMNIGROUP INTERNATIONAL INC | Consumer Cyclical | 4.1% | $62.1m | 695,566 | -0% | held |
| 11 | AGX ARGAN INC | Industrials | 3.8% | $58.1m | 185,389 | 25% | added |
| 12 | BBWI BATH & BODY WORKS INC | Consumer Cyclical | 2.9% | $44.4m | 2,211,826 | 23% | added |
| 13 | HCC WARRIOR MET COAL INC | Basic Materials | 2.4% | $35.9m | 407,476 | -25% | reduced |
| 14 | BTU PEABODY ENERGY CORP | Energy | 2.3% | $34.9m | 1,174,262 | 63% | added |
| 15 | FSLR FIRST SOLAR INC | Technology | 2.0% | $30.2m | 115,600 | – | new |
| 16 | PARR PAR PAC HOLDINGS INC | Energy | 1.8% | $27.8m | 791,832 | -14% | reduced |
| 17 | LBRT LIBERTY ENERGY INC | Energy | 1.7% | $25.6m | 1,384,217 | – | new |
| 18 | TLN TALEN ENERGY CORP | Utilities | 1.7% | $25.1m | 66,880 | – | new |
| 19 | KNX KNIGHT-SWIFT TRANSN HLDGS IN | Industrials | 1.6% | $24.6m | 470,616 | -53% | reduced |
| 20 | PUMP PROPETRO HLDG CORP | Energy | 1.0% | $14.6m | 1,531,035 | – | new |
| 21 | LEG LEGGETT & PLATT INC | Consumer Cyclical | 0.9% | $13.6m | 1,233,534 | 208% | added |
| 22 | FRO FRONTLINE PLC | Energy | 0.8% | $11.9m | 546,168 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.