Appian Way Asset Management LP Quant / Systematic

CIK: 0001795816 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $451,937 (100.0% shares, 0.0% debt)

Holdings (28)

PCT PURECYCLE TECHNOLOGIES INC 11.7%

Value ($000) $52,827 Shares 3,855,979 Est. Cost $6.35 Unrealized +39.5%

GLNG GOLAR LNG LTD 11.0%

Value ($000) $49,931 Shares 1,212,207 Est. Cost $36.33 Unrealized +6.8%

FTAI FTAI AVIATION LTD 10.6%

Value ($000) $47,747 Shares 415,049 Est. Cost $121.17 Unrealized -8.2%

CC CHEMOURS CO 9.7%

Value ($000) $43,663 Shares 3,813,341 Est. Cost $16.25 Unrealized -31.8%

— AMCOR PLC 7.7%

Value ($000) $34,744 Shares 3,780,583 Est. Cost $9.39 Unrealized -2.5%

ESI ELEMENT SOLUTIONS INC 7.5%

Value ($000) $33,964 Shares 1,499,532 Est. Cost $23.33 Unrealized -10.9%

DAR DARLING INGREDIENTS INC 6.1%

Value ($000) $27,696 Shares 730,000 Est. Cost $32.91 Unrealized 0.0%

SGML SIGMA LITHIUM CORPORATION 5.3%

Value ($000) $24,116 Shares 5,359,019 Est. Cost $16.74 Unrealized -60.6%

SEE SEALED AIR CORP NEW 4.8%

Value ($000) $21,816 Shares 703,061 Est. Cost $34.28 Unrealized -14.6%

KEX KIRBY CORP 3.9%

Value ($000) $17,580 Shares 155,011 Est. Cost $104.91 Unrealized 0.0%

TH TARGET HOSPITALITY CORP 3.0%

Value ($000) $13,479 Shares 1,893,133 Est. Cost $7.97 Unrealized -12.9%

CORZ CORE SCIENTIFIC INC NEW 1.9%

Value ($000) $8,488 Shares 497,237 Est. Cost $11.38 Unrealized -12.1%

CF CF INDS HLDGS INC 1.8%

Value ($000) $8,280 Shares 90,000 Est. Cost — Unrealized —

MOS MOSAIC CO NEW 1.8%

Value ($000) $8,208 Shares 225,000 Est. Cost — Unrealized —

DY DYCOM INDS INC 1.5%

Value ($000) $6,949 Shares 28,435 Est. Cost $147.02 Unrealized +33.9%

KNX KNIGHT-SWIFT TRANSN HLDGS IN 1.4%

Value ($000) $6,500 Shares 146,955 Est. Cost $46.40 Unrealized -9.3%

GXO GXO LOGISTICS INCORPORATED 1.4%

Value ($000) $6,247 Shares 128,278 Est. Cost $39.85 Unrealized 0.0%

GEO GEO GROUP INC NEW 1.4%

Value ($000) $6,192 Shares 258,555 Est. Cost $23.28 Unrealized +17.3%

PCT PURECYCLE TECHNOLOGIES INC 1.2%

Value ($000) $5,480 Shares 400,000 Est. Cost $6.35 Unrealized +39.5%

MTZ MASTEC INC 1.2%

Value ($000) $5,479 Shares 32,147 Est. Cost $136.11 Unrealized +5.8%

FCX FREEPORT-MCMORAN INC 0.9%

Value ($000) $4,039 Shares 93,167 Est. Cost $37.81 Unrealized -0.3%

CC CHEMOURS CO 0.9%

Value ($000) $4,008 Shares 350,000 Est. Cost $16.25 Unrealized -31.8%

IAG IAMGOLD CORP 0.8%

Value ($000) $3,674 Shares 499,879 Est. Cost $7.01 Unrealized 0.0%

CSL CARLISLE COS INC 0.7%

Value ($000) $3,192 Shares 8,548 Est. Cost $367.43 Unrealized 0.0%

DAR DARLING INGREDIENTS INC 0.6%

Value ($000) $2,496 Shares 65,800 Est. Cost $32.91 Unrealized 0.0%

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.5%

Value ($000) $2,288 Shares 49,255 Est. Cost $36.21 Unrealized 0.0%

JBTM JBT MAREL CORPORATION 0.4%

Value ($000) $1,996 Shares 16,600 Est. Cost $111.53 Unrealized 0.0%

— DARIOHEALTH CORP 0.2%

Value ($000) $858 Shares 1,280,880 Est. Cost $7.30 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PCT	PURECYCLE TECHNOLOGIES INC	3,855,979	$52,827	11.7%	$6.35	+39.5%	COM	74623V103
GLNG	GOLAR LNG LTD	1,212,207	$49,931	11.0%	$36.33	+6.8%	SHS	G9456A100
FTAI	FTAI AVIATION LTD	415,049	$47,747	10.6%	$121.17	-8.2%	SHS	G3730V105
CC	CHEMOURS CO	3,813,341	$43,663	9.7%	$16.25	-31.8%	COM	163851108
—	AMCOR PLC	3,780,583	$34,744	7.7%	$9.39	-2.5%	ORD	G0250X107
ESI	ELEMENT SOLUTIONS INC	1,499,532	$33,964	7.5%	$23.33	-10.9%	COM	28618M106
DAR	DARLING INGREDIENTS INC	730,000	$27,696	6.1%	$32.91	0.0%	Call	237266101
SGML	SIGMA LITHIUM CORPORATION	5,359,019	$24,116	5.3%	$16.74	-60.6%	COM	826599102
SEE	SEALED AIR CORP NEW	703,061	$21,816	4.8%	$34.28	-14.6%	COM	81211K100
KEX	KIRBY CORP	155,011	$17,580	3.9%	$104.91	0.0%	COM	497266106
TH	TARGET HOSPITALITY CORP	1,893,133	$13,479	3.0%	$7.97	-12.9%	COM	87615L107
CORZ	CORE SCIENTIFIC INC NEW	497,237	$8,488	1.9%	$11.38	-12.1%	COM	21874A106
CF	CF INDS HLDGS INC	90,000	$8,280	1.8%	—	—	Call	125269100
MOS	MOSAIC CO NEW	225,000	$8,208	1.8%	—	—	Call	61945C103
DY	DYCOM INDS INC	28,435	$6,949	1.5%	$147.02	+33.9%	COM	267475101
KNX	KNIGHT-SWIFT TRANSN HLDGS IN	146,955	$6,500	1.4%	$46.40	-9.3%	CL A	499049104
GXO	GXO LOGISTICS INCORPORATED	128,278	$6,247	1.4%	$39.85	0.0%	COMMON STOCK	36262G101
GEO	GEO GROUP INC NEW	258,555	$6,192	1.4%	$23.28	+17.3%	COM	36162J106
PCT	PURECYCLE TECHNOLOGIES INC	400,000	$5,480	1.2%	$6.35	+39.5%	Call	74623V103
MTZ	MASTEC INC	32,147	$5,479	1.2%	$136.11	+5.8%	COM	576323109
FCX	FREEPORT-MCMORAN INC	93,167	$4,039	0.9%	$37.81	-0.3%	CL B	35671D857
CC	CHEMOURS CO	350,000	$4,008	0.9%	$16.25	-31.8%	Call	163851108
IAG	IAMGOLD CORP	499,879	$3,674	0.8%	$7.01	0.0%	COM	450913108
CSL	CARLISLE COS INC	8,548	$3,192	0.7%	$367.43	0.0%	COM	142339100
DAR	DARLING INGREDIENTS INC	65,800	$2,496	0.6%	$32.91	0.0%	COM	237266101
KTOS	KRATOS DEFENSE & SEC SOLUTIO	49,255	$2,288	0.5%	$36.21	0.0%	COM NEW	50077B207
JBTM	JBT MAREL CORPORATION	16,600	$1,996	0.4%	$111.53	0.0%	COM	477839104
—	DARIOHEALTH CORP	1,280,880	$858	0.2%	$7.30	—	COM NEW	23725P209