Forest Avenue Capital Management LP Quant / Systematic

CIK: 0001944889 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 13, 2024

Total Value ($000): $407,236 (100.0% shares, 0.0% debt)

Holdings (20)

CNM CORE & MAIN INC 8.8%

Value ($000) $35,661 Shares 622,900 Est. Cost $39.58 Unrealized +15.7%

SGI TEMPUR SEALY INTL INC 7.9%

Value ($000) $32,018 Shares 563,500 Est. Cost $45.21 Unrealized +15.3%

BBWI BATH & BODY WORKS INC 7.6%

Value ($000) $31,063 Shares 621,007 Est. Cost $33.29 Unrealized +27.1%

VST VISTRA CORP 7.5%

Value ($000) $30,576 Shares 439,000 Est. Cost $48.74 Unrealized 0.0%

FRO FRONTLINE PLC 7.3%

Value ($000) $29,655 Shares 1,268,391 Est. Cost $16.13 Unrealized +25.2%

RRX REGAL REXNORD CORPORATION 7.1%

Value ($000) $28,906 Shares 160,498 Est. Cost $136.27 Unrealized +14.3%

XPO XPO INC 6.6%

Value ($000) $27,042 Shares 221,600 Est. Cost $70.56 Unrealized +51.7%

CCL CARNIVAL CORP 6.0%

Value ($000) $24,302 Shares 1,487,300 Est. Cost $16.27 Unrealized 0.0%

WMT WALMART INC 5.6%

Value ($000) $22,859 Shares 379,900 Est. Cost $56.04 Unrealized 0.0%

ULTA ULTA BEAUTY INC 5.5%

Value ($000) $22,432 Shares 42,900 Est. Cost $516.50 Unrealized 0.0%

— ARCH RESOURCES INC 4.6%

Value ($000) $18,538 Shares 115,295 Est. Cost $131.70 Unrealized —

MATX MATSON INC 4.3%

Value ($000) $17,391 Shares 154,724 Est. Cost $100.33 Unrealized +9.7%

LNG CHENIERE ENERGY INC 4.3%

Value ($000) $17,383 Shares 107,782 Est. Cost $164.77 Unrealized -2.4%

PCG PG&E CORP 4.1%

Value ($000) $16,889 Shares 1,007,700 Est. Cost $16.53 Unrealized +0.3%

GEV GE VERNOVA LLC 4.0%

Value ($000) $16,232 Shares 118,700 Est. Cost $133.68 Unrealized 0.0%

META META PLATFORMS INC 2.8%

Value ($000) $11,508 Shares 23,700 Est. Cost $236.53 Unrealized +87.4%

GOOG ALPHABET INC 2.7%

Value ($000) $11,130 Shares 73,100 Est. Cost $143.27 Unrealized 0.0%

HCC WARRIOR MET COAL INC 1.6%

Value ($000) $6,695 Shares 110,300 Est. Cost $52.78 Unrealized +14.8%

CC CHEMOURS CO 1.6%

Value ($000) $6,593 Shares 251,068 Est. Cost $26.34 Unrealized 0.0%

NPWR/WS NET POWER INC 0.1%

Value ($000) $363 Shares 125,000 Est. Cost $3.36 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNM	CORE & MAIN INC	622,900	$35,661	8.8%	$39.58	+15.7%	CL A	21874C102
SGI	TEMPUR SEALY INTL INC	563,500	$32,018	7.9%	$45.21	+15.3%	COM	88023U101
BBWI	BATH & BODY WORKS INC	621,007	$31,063	7.6%	$33.29	+27.1%	COM	070830104
VST	VISTRA CORP	439,000	$30,576	7.5%	$48.74	0.0%	COM	92840M102
FRO	FRONTLINE PLC	1,268,391	$29,655	7.3%	$16.13	+25.2%	COM	M46528101
RRX	REGAL REXNORD CORPORATION	160,498	$28,906	7.1%	$136.27	+14.3%	COM	758750103
XPO	XPO INC	221,600	$27,042	6.6%	$70.56	+51.7%	COM	983793100
CCL	CARNIVAL CORP	1,487,300	$24,302	6.0%	$16.27	0.0%	UNIT 99/99/9999	143658300
WMT	WALMART INC	379,900	$22,859	5.6%	$56.04	0.0%	COM	931142103
ULTA	ULTA BEAUTY INC	42,900	$22,432	5.5%	$516.50	0.0%	COM	90384S303
—	ARCH RESOURCES INC	115,295	$18,538	4.6%	$131.70	—	CL A	03940R107
MATX	MATSON INC	154,724	$17,391	4.3%	$100.33	+9.7%	COM	57686G105
LNG	CHENIERE ENERGY INC	107,782	$17,383	4.3%	$164.77	-2.4%	COM NEW	16411R208
PCG	PG&E CORP	1,007,700	$16,889	4.1%	$16.53	+0.3%	COM	69331C108
GEV	GE VERNOVA LLC	118,700	$16,232	4.0%	$133.68	0.0%	COM	36828A101
META	META PLATFORMS INC	23,700	$11,508	2.8%	$236.53	+87.4%	CL A	30303M102
GOOG	ALPHABET INC	73,100	$11,130	2.7%	$143.27	0.0%	CAP STK CL C	02079K107
HCC	WARRIOR MET COAL INC	110,300	$6,695	1.6%	$52.78	+14.8%	COM	93627C101
CC	CHEMOURS CO	251,068	$6,593	1.6%	$26.34	0.0%	COM	163851108
NPWR/WS	NET POWER INC	125,000	$363	0.1%	$3.36	—	*W EXP 06/08/202	64107A113