Forest Avenue Capital Management LP — 13F Holdings & Portfolio

CIK 1944889 · latest 13F-HR filed 2026-05-14

Forest Avenue Capital Management LP manages $1.69B in 13F-reported U.S. long-equity assets across 26 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are VST (11.57%), VIK (8.88%), CRS (8.77%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 12 new positions, exited 9, added to 6, and trimmed 7.

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.

Loading holdings…
AUM

$1.69B

Long-equity book

Holdings

26

Distinct positions

Period

2026-03-31

Filed 2026-05-14

Q/Q Activity

+12 / −9 / ↑6 / ↓7

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • PAR PAC HOLDINGS INC$60.9M +219.0%
  • LEGGETT & PLATT INC$23.0M +169.6%
  • PEABODY ENGR CORP$19.4M +55.5%
  • QXO INC$17.7M +24.6%
  • VISTRA CORP$14.1M +7.8%
Show all 6

Top Trims

  • VIKING HOLDINGS LTD-$54.8M -26.8%
  • CARPENTER TECHNOLOGY CORP-$50.6M -25.5%
  • WOODWARD INC-$24.8M -23.8%
  • MASTEC INC-$20.6M -19.1%
  • ARGAN INC-$17.5M -30.2%
Show all 7

New Positions

  • EVERUS CONSTR GROUP$84.4M
  • CHENIERE ENERGY INC$48.9M
  • REGAL REXNORD CORPORATION$44.8M
  • CONSTELLATION ENERGY CORP$37.3M
  • NORWEGIAN CRUISE LINE HLDGS$36.9M
Show all 12

Exited Positions

  • ROYAL CARIBBEAN GROUP$80.8M
  • XPO INC$63.5M
  • BATH & BODY WORKS INC$44.4M
  • FIRST SOLAR INC$30.2M
  • LIBERTY ENERGY INC$25.6M
Show all 9
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 VISTRA CORP VST 92840M102 $195.0M 11.57% 1,297,325 SH
2 VIKING HOLDINGS LTD VIK G93A5A101 $149.7M 8.88% 2,037,215 SH
3 CARPENTER TECHNOLOGY CORP CRS 144285103 $147.8M 8.77% 375,012 SH
4 INVESCO QQQ TR Put QQQ 46090E103 $103.9M 6.16% 180,000 SH
5 QXO INC QXO 82846H405 $89.8M 5.33% 4,622,783 SH
6 CORE & MAIN INC CNM 21874C102 $89.3M 5.30% 1,808,055 SH
7 PAR PAC HOLDINGS INC PARR 69888T207 $88.8M 5.27% 1,417,079 SH
8 MASTEC INC MTZ 576323109 $86.8M 5.15% 269,851 SH
9 EVERUS CONSTR GROUP ECG 300426103 $84.4M 5.01% 715,285 SH
10 WOODWARD INC WWD 980745103 $79.5M 4.72% 222,073 SH
11 SOMNIGROUP INTERNATIONAL INC SGI 88023U101 $74.8M 4.44% 1,012,181 SH
12 PEABODY ENGR CORP BTU 704551100 $54.2M 3.22% 1,646,362 SH
13 CHENIERE ENERGY INC LNG 16411R208 $48.9M 2.90% 172,200 SH
14 REGAL REXNORD CORPORATION RRX 758750103 $44.8M 2.66% 239,217 SH
15 ARGAN INC AGX 04010E109 $40.6M 2.41% 74,456 SH
16 CONSTELLATION ENERGY CORP CEG 21037T109 $37.3M 2.21% 133,666 SH
17 NORWEGIAN CRUISE LINE HLDGS NCLH G66721104 $36.9M 2.19% 1,973,232 SH
18 LEGGETT & PLATT INC LEG 524660107 $36.6M 2.17% 3,702,389 SH
19 VENTURE GLOBAL INC VG 92333F101 $32.1M 1.90% 2,034,886 SH
20 ANTERO RESOURCES CORP AR 03674X106 $31.8M 1.88% 748,300 SH
21 HUNTINGTON INGALLS INDS INC HII 446413106 $31.5M 1.87% 82,809 SH
22 DELEK US HLDGS INC NEW DK 24665A103 $29.5M 1.75% 653,830 SH
23 TERAWULF INC WULF 88080T104 $28.4M 1.69% 1,970,984 SH
24 WARRIOR MET COAL INC HCC 93627C101 $26.6M 1.58% 285,838 SH
25 CORE NATURAL RESOURCES INC CNR 218937100 $15.9M 0.94% 151,500 SH
26 NOVONIX LIMITED NVX 67010L100 $827.6K 0.05% 1,199,398 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-14 $1.69B 26 0001944889-26-000003
2025-12-31 2026-02-13 $1.52B 22 0001944889-26-000002
2025-09-30 2025-11-14 $1.36B 22 0001944889-25-000009