New South Capital Management
MEMPHIS, TNfiles as NEW SOUTH CAPITAL MANAGEMENT INC
$2.3bn in 48 US stocks at the end of 30 June 2026. The top 10 are 59.3% of the money. It changed about 12.8% of the portfolio this quarter.
Value
$2.3bn
Stocks
48
Top 10 share
59.3%
Turnover
12.8%
What changed this quarter
New
Bought for the first time this quarter.
- Ceco EnvironmentalCECO1.0% of the fund
- EverforthEFOR0.6% of the fund
- FedEx Freight Holding CompanyFDXF0.5% of the fund
Added
Bought more of a stock they already held.
- Zebra TechnologiesZBRA4.8% of the fund+14%
- Marriott Vacations WorldwideVAC4.3% of the fund+23%
- Thermo Fisher ScientificTMO3.4% of the fund+16%
- WEXWEX2.8% of the fund+79%
- Euronet WorldwideEEFT2.6% of the fund+14%
- FiservFISV2.1% of the fund+19%
- Century CommunitiesCCS1.9% of the fund+6%
- Gildan ActivewearGIL1.5% of the fund+10%
- KemperKMPR1.3% of the fund+57%
- Consensus Cloud SolutionsCCSI1.1% of the fund+8%
- Brookfield RenewableBEPC0.9% of the fund+14%
- Ishares TRIWN0.4% of the fund+157%
Cut
Sold some of their stake.
- Vertiv HoldingsVRT11.0% of the fund-23%
- Wesco InternationalWCC7.8% of the fund-8%
- EnerSysENS7.5% of the fund-7%
- Royalty PharmaRPRX5.9% of the fund-9%
- AutozoneAZO5.3% of the fund-4%
- Element SolutionsESI4.8% of the fund-6%
- Garrett MotionGTX4.6% of the fund-12%
- MSC Industrial DirectMSM2.8% of the fund-7%
- BrookfieldBN2.3% of the fund-10%
- Onespaworld HoldingsOSW2.2% of the fund-2%
- FedExFDX2.0% of the fund-10%
- Open TextOTEX2.0% of the fund-8%
- FirstCash HoldingsFCFS1.5% of the fund-11%
- CGIGIB1.5% of the fund-4%
- SS&C Technologies HoldingsSSNC1.4% of the fund-7%
- Willis Towers WatsonWTW1.1% of the fund-4%
- Rush EnterprisesRUSHA1.0% of the fund-3%
- LKQLKQ1.0% of the fund-18%
- NiceNICE1.0% of the fund-14%
- Stanley Black & DeckerSWK0.7% of the fund-13%
- AvantorAVTR0.6% of the fund-6%
- Shoe Station GroupSHOE0.5% of the fund-3%
- UnifirstUNF0.4% of the fund-3%
- Ares CapitalARCC0.3% of the fund-3%
- Ishares TRIGSB0.1% of the fund-5%
Sold out
Sold their entire stake.
- DigitalBridge GroupDBRG-100%
- Asgn Incorporated-100%
- Thermon Group Hldgs-100%
- Hologic-100%
- Hudson TechnologiesHDSN-100%
- Ishares TRIWR-100%
Holdings
- BrookfieldBN
- Share
- 2.3%
- Value
- $52m
- Shares
- 1,213,489
-10%
- Gildan ActivewearGIL
- Share
- 1.5%
- Value
- $35m
- Shares
- 684,394
+10%
- CGIGIB
- Share
- 1.5%
- Value
- $33m
- Shares
- 513,932
-4%
- NiceNICE
- Share
- 1.0%
- Value
- $22m
- Shares
- 247,002
-14%
- Ishares TRIWN
- Share
- 0.4%
- Value
- $9m
- Shares
- 39,415
+157%
- Ishares TRIGSB
- Share
- 0.1%
- Value
- $3m
- Shares
- 55,380
-5%
- Ishares TRDVY
- Share
- 0.1%
- Value
- $2m
- Shares
- 15,680
Held
- Ishares TRSHY
- Share
- <0.1%
- Value
- $749,254
- Shares
- 9,125
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vertiv HoldingsVRT | 11.0% | $252m | 751,364 | -23% |
| Wesco InternationalWCC | 7.8% | $177m | 512,074 | -8% |
| EnerSysENS | 7.5% | $172m | 733,708 | -7% |
| Royalty PharmaRPRX | 5.9% | $134m | 2,385,943 | -9% |
| AutozoneAZO | 5.3% | $121m | 38,015 | -4% |
| Element SolutionsESI | 4.8% | $109m | 2,280,194 | -6% |
| Zebra TechnologiesZBRA | 4.8% | $109m | 412,994 | +14% |
| Garrett MotionGTX | 4.6% | $105m | 2,890,208 | -12% |
| Marriott Vacations WorldwideVAC | 4.3% | $97m | 953,137 | +23% |
| Thermo Fisher ScientificTMO | 3.4% | $78m | 155,834 | +16% |
| MSC Industrial DirectMSM | 2.8% | $64m | 539,026 | -7% |
| WEXWEX | 2.8% | $63m | 444,624 | +79% |
| Euronet WorldwideEEFT | 2.6% | $58m | 797,760 | +14% |
| BrookfieldBN | 2.3% | $52m | 1,213,489 | -10% |
| Onespaworld HoldingsOSW | 2.2% | $49m | 1,739,404 | -2% |
| FiservFISV | 2.1% | $48m | 976,031 | +19% |
| FedExFDX | 2.0% | $45m | 144,866 | -10% |
| Open TextOTEX | 2.0% | $45m | 2,028,024 | -8% |
| Century CommunitiesCCS | 1.9% | $44m | 612,960 | +6% |
| Gildan ActivewearGIL | 1.5% | $35m | 684,394 | +10% |
| FirstCash HoldingsFCFS | 1.5% | $35m | 160,356 | -11% |
| CGIGIB | 1.5% | $33m | 513,932 | -4% |
| SS&C Technologies HoldingsSSNC | 1.4% | $32m | 523,097 | -7% |
| KforceKFRC | 1.3% | $29m | 625,981 | Held |
| KemperKMPR | 1.3% | $29m | 1,079,234 | +57% |
| Willis Towers WatsonWTW | 1.1% | $25m | 97,401 | -4% |
| Consensus Cloud SolutionsCCSI | 1.1% | $24m | 629,106 | +8% |
| Rush EnterprisesRUSHA | 1.0% | $24m | 326,808 | -3% |
| Ceco EnvironmentalCECO | 1.0% | $23m | 257,327 | New |
| LKQLKQ | 1.0% | $23m | 868,797 | -18% |
| NiceNICE | 1.0% | $22m | 247,002 | -14% |
| Brookfield RenewableBEPC | 0.9% | $20m | 551,894 | +14% |
| Stanley Black & DeckerSWK | 0.7% | $15m | 164,352 | -13% |
| AvantorAVTR | 0.6% | $15m | 1,472,617 | -6% |
| EverforthEFOR | 0.6% | $14m | 792,624 | New |
| FedEx Freight Holding CompanyFDXF | 0.5% | $11m | 72,410 | New |
| Shoe Station GroupSHOE | 0.5% | $11m | 717,149 | -3% |
| Ishares TRIWN | 0.4% | $9m | 39,415 | +157% |
| UnifirstUNF | 0.4% | $9m | 32,302 | -3% |
| Ares CapitalARCC | 0.3% | $6m | 349,945 | -3% |
| AmerisafeAMSF | 0.2% | $4m | 124,797 | Held |
| Ishares TRIGSB | 0.1% | $3m | 55,380 | -5% |
| Brookfield Asset ManagementBAM | 0.1% | $2m | 54,669 | -23% |
| Ishares TRDVY | 0.1% | $2m | 15,680 | Held |
| Ishares TRSHY | <0.1% | $749,254 | 9,125 | Held |
| International Business MachinesIBM | <0.1% | $421,815 | 1,500 | Held |
| Bristol-Myers SquibbBMY | <0.1% | $414,230 | 7,189 | Held |
| First HorizonFHN | <0.1% | $259,400 | 10,117 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 10.4% since 30 June 2025.
Where the money is
Industrials35.7%
Retail & consumer17.4%
Financial services11.6%
Technology11.1%
Health care9.9%
Real estate6.5%
Materials4.8%
Utilities0.9%
Other1.9%
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.