Arkolith/Funds/Forest Avenue Capital Management LP

Forest Avenue Capital Management LP

CIK 1944889Hedge fund
Holdings as of Mar 31, 2026·disclosed May 14, 2026·~44-day 13F lag·13F-HR
Active Filer

Forest Avenue Capital Management LP holds a focused book of 25 stocks worth $1.6B as of Q1 2026 (disclosed May 14, 2026, a ~45-day 13F lag). This quarter they opened Everus Construction Group and trimmed Viking Holdings Ltd. Their largest long position is Vistra Corp at 12% of the equity book. They also disclosed $103.9M in put options (a bearish bet), shown separately below and excluded from the equity book.

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holdings, largest changes, and filing provenance.
Opened
12
new positions
Added to
6
existing
Trimmed
7
reduced
Sold out
9
exited

Concentration

Top-heavy: focused book

Top 5 holdings
42%
Top 10 holdings
69%
Top 20 holdings
94%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Industrials
41%
Utilities
20%
Energy
16%
Materials
9%
Consumer Discretionary
7%
Information Technology
5%
Financials
2%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

25 positions
#SecurityValueShares% PortLast moveHistory
1Vistra Corp
COM
$195.0M1.30M
12.3%
+16%
Added · +176K sh
2Viking Holdings Ltd
ORD SHS
$149.7M2.04M
9.5%
−29%
Reduced · −826K sh
3Carpenter Technology Corp
COM
$147.8M375.0K
9.3%
−40%
Reduced · −255K sh
4Qxo Inc
COM NEW
$89.8M4.62M
5.7%
+24%
Added · +888K sh
5Core & Main Inc
CL A
$89.3M1.81M
5.6%
−3.8%
Reduced · −72K sh
6Par Pac Holdings Inc
COM NEW
$88.8M1.42M
5.6%
+79%
Added · +625K sh
7Mastec Inc
COM
$86.8M269.9K
5.5%
−45%
Reduced · −224K sh
8Everus Constr Group
COM
$84.4M715.3K
5.3%
New
New position
9Woodward Inc
COM
$79.5M222.1K
5.0%
−36%
Reduced · −123K sh
10Somnigroup International Inc
COM
$74.8M1.01M
4.7%
+46%
Added · +317K sh
11Peabody Engr Corp
COM
$54.2M1.65M
3.4%
+40%
Added · +472K sh
12Cheniere Energy Inc
COM NEW
$48.9M172.2K
3.1%
New
New position
13Regal Rexnord Corporation
COM
$44.8M239.2K
2.8%
New
New position
14Argan Inc
COM
$40.6M74.5K
2.6%
−60%
Reduced · −111K sh
15Constellation Energy Corp
COM
$37.3M133.7K
2.4%
New
New position
16Norwegian Cruise Line Hldgs
SHS
$36.9M1.97M
2.3%
New
New position
17Leggett & Platt Inc
COM
$36.6M3.70M
2.3%
+200%
Added · +2.5M sh
18Venture Global Inc
COM CL A
$32.1M2.03M
2.0%
New
New position
19Antero Resources Corp
COM
$31.8M748.3K
2.0%
New
New position
20Huntington Ingalls Inds Inc
COM
$31.5M82.8K
2.0%
New
New position
21Delek US Hldgs Inc New
COM
$29.5M653.8K
1.9%
New
New position
22Terawulf Inc
COM
$28.4M1.97M
1.8%
New
New position
23Warrior Met Coal Inc
COM
$26.6M285.8K
1.7%
−30%
Reduced · −122K sh
24Core Natural Resources Inc
COM SHS
$15.9M151.5K
1.0%
New
New position
25Novonix Limited
SPONSORED ADS
$828K1.20M
0.1%
New
New position
Showing all 25 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$103.9M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$103.9M180K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 14, 202626$1.7B13F-HR
Q4 2025Dec 31, 2025Feb 13, 202622$1.5B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202522$1.4B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202517$1.3B13F-HR
Q1 2025Mar 31, 2025May 14, 202515$732.2M13F-HR
Q4 2024Dec 31, 2024Feb 13, 202522$1.1B13F-HR
Q3 2024Sep 30, 2024Nov 13, 202421$823.7M13F-HR
Q2 2024Jun 30, 2024Aug 13, 202422$722.4M13F-HR
Q1 2024Mar 31, 2024May 13, 202420$407.2M13F-HR
Q4 2023Dec 31, 2023Feb 14, 202420$295.2M13F-HR
Q3 2023Sep 30, 2023Nov 14, 202326$221.8M13F-HR/A
Q2 2023Jun 30, 2023Aug 11, 202329$218.2M13F-HR
Q1 2023Mar 31, 2023May 12, 202321$138.5M13F-HR
Q4 2022Dec 31, 2022Feb 10, 202312$94.0M13F-HR
Amended / restated
  • Q3 2023 · filed Nov 13, 202313F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.