Forest Avenue Capital Management LP reported 23 positions worth $2.34B for the quarter ended Jun 30, 2026, up 51.3% on the prior quarter. It opened 7 new positions, added to 8, trimmed 8 and exited 8. Its largest holding is Vistra Corp. at 10.4% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| MAIR Madison Air Solutions Corp | +4.06M | – | $158.41M | 6.78% |
| DPC DPC Holdings PLC | +2.93M | – | $143.74M | 6.15% |
| LGN Legence Corp. | +1.55M | – | $131.81M | 5.64% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +258.0K | – | $123.20M | 5.27% |
| NCLH Norwegian Cruise Line Holdings Ltd. | +4.18M | +211.8% | $88.24M | 5.56% |
| ALAB Astera Labs, Inc. | +149.3K | – | $72.12M | 3.08% |
| NVDA Nvidia Corp | +294.3K | – | $58.89M | 2.52% |
| WWD Woodward, Inc. | +110.0K | +49.5% | $46.78M | 6.04% |
| RRX Regal Rexnord Corp | +188.7K | +78.9% | $44.95M | 4.36% |
| VST Vistra Corp. | +237.0K | +18.3% | $37.59M | 10.41% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| CRS Carpenter Technology Corp | -210.8K | -56.2% | $130.03M | 4.33% |
| LNG Cheniere Energy, Inc. | -172.2K | -100.0% | $48.86M | Exited |
| VIK Viking Holdings Ltd | -454.5K | -22.3% | $47.58M | 7.09% |
| AGX Argan Inc | -74.5K | -100.0% | $40.55M | Exited |
| CEG Constellation Energy Corp | -133.7K | -100.0% | $37.33M | Exited |
| VG Venture Global, Inc. | -2.03M | -100.0% | $32.07M | Exited |
| AR ANTERO RESOURCES Corp | -748.3K | -100.0% | $31.76M | Exited |
| HII Huntington Ingalls Industries, Inc. | -82.8K | -100.0% | $31.46M | Exited |
| PARR Par Pacific Holdings, Inc. | -529.5K | -37.4% | $29.70M | 2.13% |
| HCC Warrior Met Coal, Inc. | -285.8K | -100.0% | $26.63M | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| MAIR Madison Air Solutions Corp | +4.06M | $158.41M | 6.78% |
| DPC DPC Holdings PLC | +2.93M | $143.74M | 6.15% |
| LGN Legence Corp. | +1.55M | $131.81M | 5.64% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +258.0K | $123.20M | 5.27% |
| ALAB Astera Labs, Inc. | +149.3K | $72.12M | 3.08% |
| NVDA Nvidia Corp | +294.3K | $58.89M | 2.52% |
| BRKR Bruker Corp | +422.0K | $25.40M | 1.09% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| LNG Cheniere Energy, Inc. | -172.2K | $48.86M | 3.16% |
| AGX Argan Inc | -74.5K | $40.55M | 2.62% |
| CEG Constellation Energy Corp | -133.7K | $37.33M | 2.42% |
| VG Venture Global, Inc. | -2.03M | $32.07M | 2.08% |
| AR ANTERO RESOURCES Corp | -748.3K | $31.76M | 2.06% |
| HII Huntington Ingalls Industries, Inc. | -82.8K | $31.46M | 2.04% |
| HCC Warrior Met Coal, Inc. | -285.8K | $26.63M | 1.72% |
| CNR Core Natural Resources, Inc. | -151.5K | $15.87M | 1.03% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | VST Vistra Corp. | Utilities | 1.53M | $243.38M | 10.41% | +237.0K | +18.3% | Added | 0.46% |
| 2 | VIK Viking Holdings Ltd | Consumer Discretionary | 1.58M | $165.66M | 7.09% | -454.5K | -22.3% | Reduced | 0.36% |
| 3 | MAIR Madison Air Solutions Corp | Industrials | 4.06M | $158.41M | 6.78% | +4.06M | – | New | 0.81% |
| 4 | DPC DPC Holdings PLC | Industrials | 2.93M | $143.74M | 6.15% | +2.93M | – | New | 1.96% |
| 5 | WWD Woodward, Inc. | Industrials | 332.0K | $141.26M | 6.04% | +110.0K | +49.5% | Added | 0.56% |
| 6 | ECG Everus Construction Group, Inc. | Industrials | 826.5K | $137.16M | 5.87% | +111.2K | +15.5% | Added | 1.62% |
| 7 | LGN Legence Corp. | Industrials | 1.55M | $131.81M | 5.64% | +1.55M | – | New | 1.43% |
| 8 | NCLH Norwegian Cruise Line Holdings Ltd. | Consumer Discretionary | 6.15M | $129.89M | 5.56% | +4.18M | +211.8% | Added | 1.34% |
| 9 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 258.0K | $123.20M | 5.27% | +258.0K | – | New | 0% |
| 10 | MTZ Mastec Inc | Industrials | 248.6K | $103.44M | 4.42% | -21.2K | -7.9% | Reduced | 0.31% |
| 11 | RRX Regal Rexnord Corp | Industrials | 427.9K | $101.93M | 4.36% | +188.7K | +78.9% | Added | 0.64% |
| 12 | SGI Somnigroup International Inc. | Consumer Discretionary | 1.30M | $101.62M | 4.35% | +284.0K | +28.1% | Added | 0.62% |
| 13 | CRS Carpenter Technology Corp | Basic Materials | 164.2K | $101.30M | 4.33% | -210.8K | -56.2% | Reduced | 0.33% |
| 14 | CNM Core & Main, Inc. | Industrials | 1.79M | $86.54M | 3.7% | -14.5K | -0.8% | Reduced | 0.95% |
| 15 | WULF Terawulf Inc. | Technology | 3.42M | $84.56M | 3.62% | +1.45M | +73.7% | Added | 0.69% |
Tip. Select a row to see that position’s full history at Forest Avenue Capital Management.
As of its Q2 2026 13F filing, Forest Avenue Capital Management LP’s five largest positions were Vistra Corp. (VST) at 10.4%, Viking Holdings Ltd (VIK) at 7.1%, Madison Air Solutions Corp (MAIR) at 6.8%, DPC Holdings PLC (DPC) at 6.1%, Woodward, Inc. (WWD) at 6.0% of the reported portfolio.
Forest Avenue Capital Management LP reported a 13F portfolio worth $2.34B across 23 positions for Q2 2026. That is up 51.3% from the previous quarter.
Its largest purchases by value were Madison Air Solutions Corp ($158.41M), DPC Holdings PLC ($143.74M), Legence Corp. ($131.81M). It opened 7 new positions.
Its largest sales by value were Carpenter Technology Corp ($130.03M), Cheniere Energy, Inc. ($48.86M), Viking Holdings Ltd ($47.58M). It exited 8 positions entirely.
From the Form 13F-HR reports Forest Avenue Capital Management LP files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.