Forest Avenue Capital Management LP Quant / Systematic

CIK: 0001944889 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $295,229 (100.0% shares, 0.0% debt)

Holdings (20)

BBWI BATH & BODY WORKS INC 9.4%

Value ($000) $27,696 Shares 641,707 Est. Cost $33.29 Unrealized -4.9%

PCG PG&E CORP 9.1%

Value ($000) $26,814 Shares 1,487,200 Est. Cost $16.53 Unrealized +1.0%

FDX FEDEX CORP 7.9%

Value ($000) $23,374 Shares 92,400 Est. Cost $233.31 Unrealized +3.9%

FRO FRONTLINE PLC 7.2%

Value ($000) $21,207 Shares 1,057,691 Est. Cost $15.32 Unrealized +18.8%

SGI TEMPUR SEALY INTL INC 6.9%

Value ($000) $20,454 Shares 401,300 Est. Cost $42.42 Unrealized 0.0%

RRX REGAL REXNORD CORPORATION 6.8%

Value ($000) $20,175 Shares 136,298 Est. Cost $132.80 Unrealized -5.0%

XPO XPO INC 6.6%

Value ($000) $19,410 Shares 221,600 Est. Cost $70.56 Unrealized +15.5%

— ARCH RESOURCES INC 6.4%

Value ($000) $18,800 Shares 113,295 Est. Cost $131.19 Unrealized —

FSLR FIRST SOLAR INC 6.1%

Value ($000) $17,995 Shares 104,450 Est. Cost $178.06 Unrealized -14.1%

LNG CHENIERE ENERGY INC 4.8%

Value ($000) $14,234 Shares 83,382 Est. Cost $165.94 Unrealized +3.5%

PWR QUANTA SVCS INC 4.6%

Value ($000) $13,725 Shares 63,600 Est. Cost $184.24 Unrealized 0.0%

META META PLATFORMS INC 4.5%

Value ($000) $13,344 Shares 37,700 Est. Cost $236.53 Unrealized +36.7%

CNM CORE & MAIN INC 4.4%

Value ($000) $13,085 Shares 323,800 Est. Cost $33.84 Unrealized 0.0%

GT GOODYEAR TIRE & RUBR CO 3.6%

Value ($000) $10,592 Shares 739,642 Est. Cost $13.15 Unrealized +1.1%

CZR CAESARS ENTERTAINMENT INC NE 3.0%

Value ($000) $8,842 Shares 188,600 Est. Cost $44.41 Unrealized 0.0%

MATX MATSON INC 2.4%

Value ($000) $7,014 Shares 64,000 Est. Cost $86.56 Unrealized +6.8%

HCC WARRIOR MET COAL INC 2.3%

Value ($000) $6,725 Shares 110,300 Est. Cost $52.78 Unrealized 0.0%

CLF CLEVELAND-CLIFFS INC NEW 2.1%

Value ($000) $6,206 Shares 303,900 Est. Cost $17.12 Unrealized 0.0%

VVV VALVOLINE INC 1.8%

Value ($000) $5,262 Shares 140,033 Est. Cost $35.73 Unrealized -6.3%

NPWR/WS NET POWER INC 0.1%

Value ($000) $275 Shares 125,000 Est. Cost $3.36 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BBWI	BATH & BODY WORKS INC	641,707	$27,696	9.4%	$33.29	-4.9%	COM	070830104
PCG	PG&E CORP	1,487,200	$26,814	9.1%	$16.53	+1.0%	COM	69331C108
FDX	FEDEX CORP	92,400	$23,374	7.9%	$233.31	+3.9%	COM	31428X106
FRO	FRONTLINE PLC	1,057,691	$21,207	7.2%	$15.32	+18.8%	COM	M46528101
SGI	TEMPUR SEALY INTL INC	401,300	$20,454	6.9%	$42.42	0.0%	COM	88023U101
RRX	REGAL REXNORD CORPORATION	136,298	$20,175	6.8%	$132.80	-5.0%	COM	758750103
XPO	XPO INC	221,600	$19,410	6.6%	$70.56	+15.5%	COM	983793100
—	ARCH RESOURCES INC	113,295	$18,800	6.4%	$131.19	—	CL A	03940R107
FSLR	FIRST SOLAR INC	104,450	$17,995	6.1%	$178.06	-14.1%	COM	336433107
LNG	CHENIERE ENERGY INC	83,382	$14,234	4.8%	$165.94	+3.5%	COM NEW	16411R208
PWR	QUANTA SVCS INC	63,600	$13,725	4.6%	$184.24	0.0%	COM	74762E102
META	META PLATFORMS INC	37,700	$13,344	4.5%	$236.53	+36.7%	CL A	30303M102
CNM	CORE & MAIN INC	323,800	$13,085	4.4%	$33.84	0.0%	CL A	21874C102
GT	GOODYEAR TIRE & RUBR CO	739,642	$10,592	3.6%	$13.15	+1.1%	COM	382550101
CZR	CAESARS ENTERTAINMENT INC NE	188,600	$8,842	3.0%	$44.41	0.0%	COM	12769G100
MATX	MATSON INC	64,000	$7,014	2.4%	$86.56	+6.8%	COM	57686G105
HCC	WARRIOR MET COAL INC	110,300	$6,725	2.3%	$52.78	0.0%	COM	93627C101
CLF	CLEVELAND-CLIFFS INC NEW	303,900	$6,206	2.1%	$17.12	0.0%	COM	185899101
VVV	VALVOLINE INC	140,033	$5,262	1.8%	$35.73	-6.3%	COM	92047W101
NPWR/WS	NET POWER INC	125,000	$275	0.1%	$3.36	—	*W EXP 06/08/202	64107A113