Institutional
Forest Avenue Capital Management LP
CIK 0001944889
$1.69B
Reported AUM
26
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · Forest Avenue Capital Management LP · Q1 2026
AI · grounded in 13F
Forest Avenue Capital Management LP established a new position in QQQ worth $103.9M. The fund also opened new stakes in ECG for $84.4M and LNG for $48.9M. These additions coincided with the complete exit of positions in RCL for $80.8M and XPO for $63.5M.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | VST | VISTRA CORP | $148.76 | -3.21% | -13.88% | 750.99% | $195.0M | 11.57% | +175,660 | +15.7% |
| 2 | VIK | VIKING HOLDINGS LTD | $89.94 | -0.06% | 84.34% | 186.34% | $149.7M | 8.88% | −826,032 | −28.8% |
| 3 | CRS | CARPENTER TECHNOLOGY CORP | $483.60 | -1.83% | 94.94% | 1250.10% | $147.8M | 8.77% | −255,049 | −40.5% |
| 4 | QQQ | INVESCO QQQ TR | $705.06 | -4.80% | 33.69% | 99.06% | $103.9M | 6.16% | +180,000 | NEW |
| 5 | QXO | QXO INC | $15.76 | -2.90% | -17.05% | -71.03% | $89.8M | 5.33% | +887,793 | +23.8% |
| 6 | CNM | CORE & MAIN INC | $51.97 | -0.76% | -12.92% | 89.46% | $89.3M | 5.30% | −71,828 | −3.8% |
| 7 | PARR | PAR PAC HOLDINGS INC | $55.66 | 0.20% | 158.88% | 239.80% | $88.8M | 5.27% | +625,247 | +79.0% |
| 8 | MTZ | MASTEC INC | $363.89 | -2.89% | 122.29% | 259.47% | $86.8M | 5.15% | −224,160 | −45.4% |
| 9 | ECG | EVERUS CONSTR GROUP | $150.29 | -2.89% | 145.61% | 136.08% | $84.4M | 5.01% | +715,285 | NEW |
| 10 | WWD | WOODWARD INC | $357.74 | -0.73% | 53.08% | 203.44% | $79.5M | 4.72% | −122,926 | −35.6% |
| 11 | SGI | SOMNIGROUP INTERNATIONAL INC | $68.01 | -2.33% | 4.77% | 65.51% | $74.8M | 4.44% | +316,615 | +45.5% |
| 12 | BTU | PEABODY ENGR CORP | $28.10 | -9.96% | 114.79% | 150.86% | $54.2M | 3.22% | +472,100 | +40.2% |
| 13 | LNG | CHENIERE ENERGY INC | — | — | -0.79% | 194.92% | $48.9M | 2.90% | +172,200 | NEW |
| 14 | RRX | REGAL REXNORD CORPORATION | $204.40 | -4.42% | 47.52% | 52.70% | $44.8M | 2.66% | +239,217 | NEW |
| 15 | AGX | ARGAN INC | $694.72 | 0.77% | 187.42% | 1598.04% | $40.6M | 2.41% | −110,933 | −59.8% |
| 16 | CEG | CONSTELLATION ENERGY CORP | $254.83 | -3.69% | -14.27% | 474.86% | $37.3M | 2.21% | +133,666 | NEW |
| 17 | NCLH | NORWEGIAN CRUISE LINE HLDGS | $18.75 | -1.99% | -4.14% | -21.97% | $36.9M | 2.19% | +1,973,232 | NEW |
| 18 | LEG | LEGGETT & PLATT INC | $10.01 | -1.86% | 12.18% | -74.68% | $36.6M | 2.17% | +2,468,855 | +200.1% |
| 19 | VG | VENTURE GLOBAL INC | $12.80 | -2.74% | -15.36% | -14.47% | $32.1M | 1.90% | +2,034,886 | NEW |
| 20 | AR | ANTERO RESOURCES CORP | $35.56 | -4.15% | -7.99% | 161.47% | $31.8M | 1.88% | +748,300 | NEW |
| 21 | HII | HUNTINGTON INGALLS INDS INC | $293.04 | -0.51% | 31.57% | 59.27% | $31.5M | 1.87% | +82,809 | NEW |
| 22 | DK | DELEK US HLDGS INC NEW | $48.28 | 1.28% | 160.41% | 228.46% | $29.5M | 1.75% | +653,830 | NEW |
| 23 | WULF | TERAWULF INC | $24.00 | -8.36% | 451.72% | 29.32% | $28.4M | 1.69% | +1,970,984 | NEW |
| 24 | HCC | WARRIOR MET COAL INC | $99.92 | -5.67% | 111.50% | 493.31% | $26.6M | 1.58% | −121,638 | −29.9% |
| 25 | CNR | CORE NATURAL RESOURCES INC | $93.44 | -5.53% | 39.96% | 382.84% | $15.9M | 0.94% | +151,500 | NEW |
| 26 | NVX | NOVONIX LIMITED | $0.60 | -9.99% | -46.52% | -96.84% | $828K | 0.05% | +1,199,398 | NEW |
| 27 | RCL | ROYAL CARIBBEAN GROUP | $280.00 | -4.53% | 3.35% | 274.56% | — | — | −289,860 | EXITED |
| 28 | XPO | XPO INC | $218.94 | -0.15% | 84.81% | 356.44% | — | — | −467,057 | EXITED |
| 29 | BBWI | BATH & BODY WORKS INC | $17.43 | -2.84% | -31.42% | -69.67% | — | — | −2,211,826 | EXITED |
| 30 | FSLR | FIRST SOLAR INC | $279.01 | -11.41% | 67.72% | 224.28% | — | — | −115,600 | EXITED |
| 31 | LBRT | LIBERTY ENERGY INC | $28.45 | -9.85% | — | — | — | — | −1,384,217 | EXITED |
| 32 | TLN | TALEN ENERGY CORP | $364.74 | -3.53% | — | — | — | — | −66,880 | EXITED |
| 33 | KNX | KNIGHT-SWIFT TRANSN HLDGS IN | $78.57 | 0.00% | — | — | — | — | −470,616 | EXITED |
| 34 | PUMP | PROPETRO HLDG CORP | $14.74 | -10.50% | — | — | — | — | −1,531,035 | EXITED |
| 35 | FRO | FRONTLINE PLC | $35.17 | 2.96% | — | — | — | — | −546,168 | EXITED |
Source: SEC EDGAR · accession 0001944889-26-000003. 13F discloses long positions only — shorts, foreign equities, and options are excluded.