Forest Avenue Capital Management LP
CIK 1944889 · View on SEC EDGAR ↗
- Portfolio value
- $2.4B
- Positions
- 24
- As of
- June 30, 2026
#1,360 of 9,443 by 13F value · top 14.4%
Portfolio value QoQ: +41.3% 13F does not disclose cash
- Top 10 holdings weight
- 62.07%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 23
- Effective number of positions
- 18.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 28.85% Est. buys $1,034,861,079 · sells $586,542,002
Median holding: 1.0 quarters Tracked Q4 2024–Q2 2026 · 38.7% still held
- New positions
- 7
- Increased
- 8
- Decreased
- 9
- Closed
- 9
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +40.9% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.1% · Options excluded: 2.1%
Sector breakdown
Industrials
37.1%
Technology
14.2%
Consumer Discretionary
12.4%
Utilities
10.2%
Energy
6.2%
Consumer products
6.1%
Healthcare
1.1%
Other/Unmapped
12.7%
Full portfolio 24 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VST Vistra Corp. Common Stock | $243,382,995 | 10.22% | 1,534,281 | $48,356,128 | Up ×3 | ||
| VIK Viking Holdings Ltd Ordinary Shares | $165,658,697 | 6.96% | 1,582,676 | $15,964,139 | Down ×4 | ||
| Unknown issuer (CUSIP: 55658T105) | $158,405,832 | 6.65% | 4,061,688 | Up ×1 | |||
| Unknown issuer (CUSIP: G2R11M108) | $143,737,509 | 6.04% | 2,929,831 | Up ×1 | |||
| WWD Woodward, Inc. - Common Stock | $141,262,672 | 5.93% | 332,039 | $61,778,304 | Up ×1 | ||
| ECG Everus Construction Group, Inc. Common Stock | $137,159,335 | 5.76% | 826,510 | $52,712,788 | Up ×1 | ||
| LGN Legence Corp. - Class A Common stock | $131,809,218 | 5.54% | 1,546,512 | Up ×1 | |||
| NCLH Norwegian Cruise Line Holdings Ltd. Ordinary Shares | $129,893,440 | 5.46% | 6,153,171 | $92,994,002 | Up ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $123,196,345 | 5.17% | 257,965 | Up ×1 | |||
| MTZ MasTec, Inc. Common Stock | $103,443,750 | 4.34% | 248,627 | $16,621,889 | Down ×2 | ||
| RRX Regal Rexnord Corporation Common Stock | $101,927,456 | 4.28% | 427,925 | $57,131,681 | Up ×1 | ||
| SGI Somnigroup International Inc. Common Stock | $101,617,533 | 4.27% | 1,296,142 | $26,797,113 | Up ×2 | ||
| CRS Carpenter Technology Corporation Common Stock | $101,296,848 | 4.25% | 164,219 | $-46,514,132 | Down ×3 | ||
| CNM Core & Main, Inc. Class A Common Stock | $86,538,353 | 3.63% | 1,793,541 | $-2,779,564 | Down ×2 | ||
| WULF TeraWulf Inc. - Common Stock | $84,564,945 | 3.55% | 3,423,682 | $56,123,646 | Up ×1 | ||
| QXO QXO, Inc. Common Stock | $79,240,516 | 3.33% | 4,585,678 | $-10,533,930 | Down ×1 | ||
| ALAB Astera Labs, Inc. - Common Stock | $72,124,546 | 3.03% | 149,320 | Up ×1 | |||
| DK Delek US Holdings, Inc. Common Stock | $60,365,176 | 2.54% | 1,188,057 | $30,897,058 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $58,886,487 | 2.47% | 294,300 | Up ×1 | |||
| PARR Par Pacific Holdings, Inc. Common Stock | $49,773,580 | 2.09% | 887,546 | $-38,992,249 | Down ×1 | ||
| LEG Leggett & Platt, Incorporated Common Stock | $43,006,989 | 1.81% | 3,672,672 | $6,427,386 | Down ×1 | ||
| BTU Peabody Energy Corporation Common Stock | $37,758,359 | 1.59% | 1,633,147 | $-16,489,269 | Down ×1 | ||
| BRKR Bruker Corporation - Common Stock | $25,395,960 | 1.07% | 422,000 | Up ×1 | |||
| NVX NOVONIX Limited - American Depository Shares | $547,295 | 0.02% | 1,189,771 | $-280,290 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| VST | $243,382,995 | 10.22% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 55658T105) | $158,405,832 | 4,061,688 | 6.65% |
| Unknown issuer (CUSIP: G2R11M108) | $143,737,509 | 2,929,831 | 6.04% |
| LGN | $131,809,218 | 1,546,512 | 5.54% |
| TSM | $123,196,345 | 257,965 | 5.17% |
| ALAB | $72,124,546 | 149,320 | 3.03% |
| NVDA | $58,886,487 | 294,300 | 2.47% |
| BRKR | $25,395,960 | 422,000 | 1.07% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| NCLH | Bought more | +4.2M | +$93.0M |
| WWD | Bought more | +110K | +$61.8M |
| RRX | Bought more | +189K | +$57.1M |
| WULF | Bought more | +1.5M | +$56.1M |
| ECG | Bought more | +111K | +$52.7M |
| VST | Bought more | +237K | +$48.4M |
| CRS | Trimmed | -211K | -$46.5M |
| PARR | Trimmed | -530K | -$39.0M |
| DK | Bought more | +534K | +$30.9M |
| SGI | Bought more | +284K | +$26.8M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| QQQ | June 30, 2026 | 180,000 | $103,892,400 | |
| AMZN | March 31, 2025 | 471,984 | $103,548,570 | 35.5% |
| RCL | Sept. 30, 2025 | 278,832 | $87,313,452 | -9.6% |
| RCL | March 31, 2026 | 289,860 | $80,847,751 | 6.3% |
| XPO | March 31, 2026 | 467,057 | $63,477,717 | 3.2% |
| KVUE | Dec. 31, 2025 | 3,878,300 | $62,944,809 | 9.8% |
| WMT | March 31, 2025 | 586,153 | $52,958,924 | 17.5% |
| BABA | Dec. 31, 2025 | 277,798 | $49,650,837 | -16.7% |
| GNRC | March 31, 2025 | 318,046 | $49,313,032 | 66.5% |
| VSCO | March 31, 2025 | 1,182,297 | $48,970,742 | No longer tracked |
| LNG | June 30, 2026 | 172,200 | $48,863,472 | 17.0% |
| DAL | March 31, 2025 | 799,485 | $48,368,843 | 88.3% |
| MATX | Sept. 30, 2025 | 413,423 | $46,034,651 | 124.6% |
| BBWI | March 31, 2026 | 2,211,826 | $44,413,466 | 4.2% |
| ATI | Sept. 30, 2025 | 492,976 | $42,563,548 | 160.0% |
| AGX | June 30, 2026 | 74,456 | $40,552,460 | -34.9% |
| AMZN | Dec. 31, 2025 | 173,587 | $38,114,498 | 11.7% |
| CEG | June 30, 2026 | 133,666 | $37,326,231 | 9.8% |
| CEG | Dec. 31, 2025 | 100,304 | $33,007,037 | -22.8% |
| CRWV | Sept. 30, 2025 | 202,140 | $32,960,948 | -34.2% |
| PRIM | Dec. 31, 2025 | 233,854 | $32,115,170 | -36.0% |
| VG | June 30, 2026 | 2,034,886 | $32,069,803 | 28.3% |
| AR | June 30, 2026 | 748,300 | $31,757,852 | 7.3% |
| HII | June 30, 2026 | 82,809 | $31,459,139 | 8.9% |
| JCI | Sept. 30, 2025 | 294,600 | $31,115,652 | 31.9% |
| FSLR | March 31, 2026 | 115,600 | $30,198,188 | 8.9% |
| APP | March 31, 2025 | 91,700 | $29,695,211 | 13.5% |
| HCC | June 30, 2026 | 285,838 | $26,625,810 | 32.4% |
| LBRT | March 31, 2026 | 1,384,217 | $25,552,646 | -33.1% |
| TLN | March 31, 2026 | 66,880 | $25,069,299 | -1.1% |
| KNX | March 31, 2026 | 470,616 | $24,603,804 | 23.1% |
| GEO | March 31, 2025 | 721,852 | $20,197,419 | 9.4% |
| X | June 30, 2025 | 470,500 | $19,883,330 | No longer tracked |
| UAL | March 31, 2025 | 173,142 | $16,812,088 | 63.7% |
| CNR | June 30, 2026 | 151,500 | $15,866,595 | 20.6% |
| ODFL | June 30, 2025 | 93,900 | $15,535,755 | 28.0% |
| PUMP | March 31, 2026 | 1,531,035 | $14,560,143 | -21.2% |
| RRX | March 31, 2025 | 81,313 | $12,614,086 | 48.5% |
| FRO | March 31, 2026 | 546,168 | $11,917,386 | 27.0% |
| CXW | March 31, 2025 | 515,400 | $11,204,796 | 65.4% |