Forest Avenue Capital Management LP
MIAMI, FL
$2.4bn in 24 US stocks at the end of 30 June 2026. The top 10 are 62.1% of the money. It changed about 38.3% of the portfolio this quarter.
Value
$2.4bn
Stocks
24
Top 10 share
62.1%
Turnover
38.3%
What changed this quarter
New
Bought for the first time this quarter.
- Madison Air SolutionsMAIR6.7% of the fund
- DPC HoldingsDPC6.0% of the fund
- LegenceLGN5.5% of the fund
- Taiwan Semiconductor ManufacturingTSM5.2% of the fund
- Astera LabsALAB3.0% of the fund
- NvidiaNVDA2.5% of the fund
- BrukerBRKR1.1% of the fund
Added
Bought more of a stock they already held.
- VistraVST10.2% of the fund+18%
- WoodwardWWD5.9% of the fund+50%
- Everus Construction GroupECG5.8% of the fund+16%
- Norwegian Cruise Line HoldingsNCLH5.5% of the fund+212%
- Regal RexnordRRX4.3% of the fund+79%
- Somnigroup InternationalSGI4.3% of the fund+28%
- TerawulfWULF3.6% of the fund+74%
- Delek US HoldingsDK2.5% of the fund+82%
Cut
Sold some of their stake.
- Viking HoldingsVIK7.0% of the fund-22%
- MastecMTZ4.3% of the fund-8%
- Carpenter TechnologyCRS4.3% of the fund-56%
- PAR Pacific HoldingsPARR2.1% of the fund-37%
Sold out
Sold their entire stake.
- Cheniere EnergyLNG-100%
- ArganAGX-100%
- Constellation EnergyCEG-100%
- Venture GlobalVG-100%
- Antero ResourcesAR-100%
- Huntington Ingalls IndustriesHII-100%
- Warrior MET CoalHCC-100%
- Core Natural ResourcesCNR-100%
Holdings
- Madison Air SolutionsMAIR
- Share
- 6.7%
- Value
- $158m
- Shares
- 4,061,688
New
- DPC HoldingsDPC
- Share
- 6.0%
- Value
- $144m
- Shares
- 2,929,831
New
- Leggett & PlattLEG
- Share
- 1.8%
- Value
- $43m
- Shares
- 3,672,672
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| VistraVST | 10.2% | $243m | 1,534,281 | +18% |
| Viking HoldingsVIK | 7.0% | $166m | 1,582,676 | -22% |
| Madison Air SolutionsMAIR | 6.7% | $158m | 4,061,688 | New |
| DPC HoldingsDPC | 6.0% | $144m | 2,929,831 | New |
| WoodwardWWD | 5.9% | $141m | 332,039 | +50% |
| Everus Construction GroupECG | 5.8% | $137m | 826,510 | +16% |
| LegenceLGN | 5.5% | $132m | 1,546,512 | New |
| Norwegian Cruise Line HoldingsNCLH | 5.5% | $130m | 6,153,171 | +212% |
| Taiwan Semiconductor ManufacturingTSM | 5.2% | $123m | 257,965 | New |
| MastecMTZ | 4.3% | $103m | 248,627 | -8% |
| Regal RexnordRRX | 4.3% | $102m | 427,925 | +79% |
| Somnigroup InternationalSGI | 4.3% | $102m | 1,296,142 | +28% |
| Carpenter TechnologyCRS | 4.3% | $101m | 164,219 | -56% |
| Core & MainCNM | 3.6% | $87m | 1,793,541 | Held |
| TerawulfWULF | 3.6% | $85m | 3,423,682 | +74% |
| QXOQXO | 3.3% | $79m | 4,585,678 | Held |
| Astera LabsALAB | 3.0% | $72m | 149,320 | New |
| Delek US HoldingsDK | 2.5% | $60m | 1,188,057 | +82% |
| NvidiaNVDA | 2.5% | $59m | 294,300 | New |
| PAR Pacific HoldingsPARR | 2.1% | $50m | 887,546 | -37% |
| Leggett & PlattLEG | 1.8% | $43m | 3,672,672 | Held |
| Peabody EnergyBTU | 1.6% | $38m | 1,633,147 | Held |
| BrukerBRKR | 1.1% | $25m | 422,000 | New |
| NovonixNVX | <0.1% | $547,295 | 1,189,771 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 85.8% since 30 June 2025.
Where the money is
Industrials44.9%
Retail & consumer17.3%
Technology10.7%
Utilities10.2%
Energy6.2%
Materials6.0%
Financial services3.6%
Health care1.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.