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FACM

Forest Avenue Capital Management Portfolio holdings

AUM $1.69B
1-Year Est. Return 104.84%
This Fund
S&P 500
This Quarter Est. Return
+13.36%
1 Year Est. Return
+104.84%
3 Year Est. Return
+330.2%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$824M
AUM Growth
+$101M
Cap. Flow
+$38.4M
Cap. Flow %
4.67%
Top 10 Hldgs %
66.72%
Holding
29
New
7
Increased
9
Reduced
5
Closed
8

Top Buys

Rank Stock Value
1
CEG icon
Constellation Energy
CEG
+$69.6M
2
VSXY
Victoria's Secret
VSXY
+$33.7M
3
META icon
Meta Platforms (Facebook)
META
+$30.1M
4
ATI icon
ATI
ATI
+$26.6M
5
DLTR icon
Dollar Tree
DLTR
+$25.4M

Top Sells

Rank Stock Value
1
WMT icon
Walmart Inc
WMT
+$44.9M
2
UBER icon
Uber
UBER
+$44.8M
3
FSLR icon
First Solar
FSLR
+$31M
4
PCG icon
PG&E
PCG
+$27.6M
5
GEV icon
GE Vernova
GEV
+$24.5M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 29.24%
2 Industrials 28.87%
3 Utilities 21.49%
4 Materials 9.03%
5 Energy 4.92%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UBER icon
26
Uber
UBER
$153B
– –
-616,778
Closed -$44.8M
WMT icon
27
Walmart Inc
WMT
$890B
– –
-663,427
Closed -$44.9M
X
28
DELISTED
US Steel
X
– –
-602,378
Closed -$22.8M
GEV icon
29
GE Vernova
GEV
$264B
– –
-143,100
Closed -$24.5M
1
2

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Forest Avenue Capital Management's Q3 2024 Portfolio in Review

As of Q3 2024, Forest Avenue Capital Management held 29 positions worth $824M, up 14% from $722M the previous quarter. Its ten largest holdings account for 67% of the portfolio.

Forest Avenue Capital Management deployed $38.4M of net new capital in Q3 2024, opening 7 new positions and adding to 9 existing holdings. Its largest new stake was Constellation Energy: 350,075 shares worth $91M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 29% of assets, up from 28% a quarter earlier, followed by Industrials and Utilities.

On the sell side, the largest reduction was Frontline, an estimated $7.52M trimmed.

  • Forest Avenue Capital Management's largest Q3 2024 buy was Constellation Energy: 350,075 shares worth $91M.
  • Forest Avenue Capital Management added most to Vistra in Q3 2024, an estimated $16.1M increase.
  • Forest Avenue Capital Management's biggest Q3 2024 reduction was Frontline, cutting an estimated $7.52M.
  • Forest Avenue Capital Management fully exited Walmart Inc in Q3 2024, selling an estimated $44.9M.
  • Forest Avenue Capital Management's ten largest holdings make up 67% of its $824M portfolio in Q3 2024.
  • Forest Avenue Capital Management opened 7 new positions and closed 8 in Q3 2024.
  • Forest Avenue Capital Management's portfolio value rose 14% quarter-over-quarter to $824M.

Based on Forest Avenue Capital Management's 13F filing for Q3 2024, filed 13 Nov 2024.