Atlas FRM LLC — 13F Holdings & Portfolio

CIK 1879898 · latest 13F-HR filed 2026-08-13

Atlas FRM LLC manages $2.33B in 13F-reported U.S. long-equity assets across 51 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SLVM (10.22%), PKG (6.47%), IP (6.16%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 6 new positions, exited 4, added to 16, and trimmed 2.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
100 NORTHFIELD STREET
GREENWICH, CT 06830
Phone
(203) 622-9138
Filing Manager
Atlas FRM LLC
GREENWICH, CT
Signatory
Michael P O'Donnell
Authorized Signatory
Loading holdings…
AUM

$2.33B

Long-equity book

Holdings

51

Distinct positions

Period

2026-06-30

Filed 2026-08-13

Q/Q Activity

+6 / −4 / ↑16 / ↓2

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • INTERNATIONAL PAPER CO$103.9M +38.4%
  • Rayonier Inc$73.9M +747.1%
  • Weyerhaeuser Co$68.1M +1467.9%
  • Builders FirstSource Inc$57.9M +913.4%
  • West Fraser Timber Co Ltd$46.4M +1270.0%
Show all 16

Top Trims

  • SYLVAMO CORP-$28.0M -10.5%
  • MERCER INTERNATIONAL INC-$4.1M -91.2%
Show all 2

New Positions

  • WASTE CONNECTIONS INC$251.7M
  • CEMEX SAB-SPONS ADR PART CER$25.4M
  • MERITAGE HOMES CORP$18.4M
  • JANUS INTERNATIONAL GROUP IN$18.0M
  • SONOCO PRODUCTS CO$2.8M
Show all 6

Exited Positions

  • HORMEL FOODS CORP$64.0M
  • MOHAWK INDS INC$16.2M
  • AMERICAN WOODMARK CORP$11.8M
  • SELECT SECTOR SPDR TR$4.1M
Show all 4
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SYLVAMO CORP SLVM 871332102 $238.6M 10.22% 6,312,454 SH
2 PACKAGING CORP OF AMERICA PKG 695156109 $151.0M 6.47% 633,639 SH
3 INTERNATIONAL PAPER CO IP 460146103 $143.8M 6.16% 3,775,000 SH
4 INTERNATIONAL PAPER CO IP 460146103 $133.3M 5.71% 3,500,000 SH
5 PACKAGING CORP OF AMERICA PKG 695156109 $131.6M 5.64% 552,500 SH
6 WASTE CONNECTIONS INC WCN 94106B101 $115.0M 4.93% 690,000 SH
7 WASTE CONNECTIONS INC WCN 94106B101 $111.7M 4.78% 670,000 SH
8 INTERNATIONAL PAPER CO IP 460146103 $97.7M 4.19% 2,565,000 SH
9 SUZANO SA - ADR SUZ 86959K105 $86.3M 3.70% 11,120,000 SH
10 PACKAGING CORP OF AMERICA PKG 695156109 $82.5M 3.53% 346,361 SH
11 FORTUNE BRANDS INNOVATIONS INC FBIN 34964C106 $80.4M 3.44% 1,465,000 SH
12 SUZANO SA - ADR SUZ 86959K105 $63.6M 2.73% 8,200,000 SH
13 LGI HOMES INC LGIH 50187T106 $61.6M 2.64% 967,000 SH
14 APTARGROUP INC ATR 038336103 $56.3M 2.41% 450,000 SH
15 Rayonier Inc RYN 754907103 $48.9M 2.10% 2,300,000 SH
16 MASTERBRAND INC MBC 57638P104 $47.6M 2.04% 4,624,400 SH
17 FIRSTCASH HOLDINGS INC FCFS 33768G107 $45.4M 1.95% 210,000 SH
18 Builders FirstSource Inc BLDR 12008R107 $43.4M 1.86% 485,000 SH
19 EZCORP INC-CL A(NSM) EZPW 302301106 $38.9M 1.67% 1,125,000 SH
20 SUZANO SA - ADR SUZ 86959K105 $38.8M 1.66% 5,000,000 SH
21 Weyerhaeuser Co WY 962166104 $37.3M 1.60% 1,560,000 SH
22 Weyerhaeuser Co WY 962166104 $35.4M 1.52% 1,480,000 SH
23 GREENBRIER COMPANIES INC GBX 393657101 $35.3M 1.51% 720,209 SH
24 Rayonier Inc RYN 754907103 $34.9M 1.49% 1,640,000 SH
25 West Fraser Timber Co Ltd WFG 952845105 $29.1M 1.25% 430,000 SH
26 FLOOR & DECOR HOLDINGS INC-A FND 339750101 $26.1M 1.12% 440,000 SH
27 SILGAN HOLDINGS INC SLGN 827048109 $25.5M 1.09% 550,000 SH
28 APTARGROUP INC ATR 038336103 $25.0M 1.07% 200,000 SH
29 WASTE CONNECTIONS INC WCN 94106B101 $25.0M 1.07% 150,000 SH
30 FLOOR & DECOR HOLDINGS INC-A FND 339750101 $22.9M 0.98% 385,000 SH
31 West Fraser Timber Co Ltd WFG 952845105 $21.0M 0.90% 310,000 SH
32 SILGAN HOLDINGS INC SLGN 827048109 $20.9M 0.89% 450,000 SH
33 Builders FirstSource Inc BLDR 12008R107 $20.8M 0.89% 233,000 SH
34 FORTUNE BRANDS INNOVATIONS INC FBIN 34964C106 $19.8M 0.85% 360,000 SH
35 MERITAGE HOMES CORP MTH 59001A102 $18.4M 0.79% 220,000 SH
36 CEMEX SAB-SPONS ADR PART CER CX 151290889 $18.2M 0.78% 1,520,000 SH
37 BOISE CASCADE CO BCC 09739D100 $17.5M 0.75% 225,000 SH
38 BOISE CASCADE CO BCC 09739D100 $17.1M 0.73% 220,000 SH
39 JANUS INTERNATIONAL GROUP IN JBI 47103N106 $13.3M 0.57% 2,400,000 SH
40 FIRSTCASH HOLDINGS INC FCFS 33768G107 $13.0M 0.56% 60,000 SH
41 EZCORP INC-CL A(NSM) EZPW 302301106 $11.2M 0.48% 325,000 SH
42 CEMEX SAB-SPONS ADR PART CER CX 151290889 $7.2M 0.31% 600,000 SH
43 FLOOR & DECOR HOLDINGS INC-A FND 339750101 $6.2M 0.27% 105,000 SH
44 JANUS INTERNATIONAL GROUP IN JBI 47103N106 $4.7M 0.20% 840,000 SH
45 GREENBRIER COMPANIES INC GBX 393657101 $3.3M 0.14% 67,379 SH
46 SONOCO PRODUCTS CO SON 835495102 $2.8M 0.12% 50,000 SH
47 APTARGROUP INC ATR 038336103 $2.5M 0.11% 20,000 SH
48 SILGAN HOLDINGS INC SLGN 827048109 $1.9M 0.08% 40,000 SH
49 VULCAN MATERIALS CO VMC 929160109 $1.5M 0.06% 5,000 SH
50 MERCER INTERNATIONAL INC MERC 588056101 $255.7K 0.01% 387,445 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $2.33B 51 0001879898-26-000007
2026-03-31 2026-05-14 $1.53B 41 0001879898-26-000005
2025-12-31 2026-02-12 $1.02B 17 0001879898-26-000002
2025-09-30 2025-11-13 $858.8M 14 0001879898-25-000015