AREX Capital Management, LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), AREX Capital Management, LP reported 13 stock positions worth $82.3 million. Its top holding was Cannae (CNNE) at 28.2% of the portfolio, followed by Enhabit (EHAB, 23.4%) and Callaway Golf (CALY, 13.8%). Compared with Q2 2024, it opened 4 new positions, sold out of 4, added to 2 and reduced 7. The biggest buy was Callaway Golf (CALY, shares +115%) and the biggest sale Odp (ODP, shares −38%).
- Most Recent 13F
- Q1 2026
- Location
- NEW YORK, NY
- CIK
- 0001800261
- Portfolio Value
- $82.3M (Q3 2024)
- SEC Filing
- 0000919574-24-006593 ↗ filed Nov 14, 2024
Holdings Value
Holdings 13 stocks · $82.3M
| CNNE Cannae Holdings Inc. | 28.22% | 1,218,264 | $23.2M | Reduce -3.4% |
| EHAB Enhabit Inc. | 23.45% | 2,441,921 | $19.3M | Reduce -1.2% |
| CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP | 13.85% | 1,037,691 | $11.4M | Add +115.2% |
| KBR KBR Inc. | 7.92% | 100,000 | $6.5M | Reduce -2.4% |
| VYX NCR Voyix Corp. | 6.52% | 395,500 | $5.4M | Reduce -23.2% |
| ODP The Odp Corp. filed as THE ODP CORP | 5.38% | 148,750 | $4.4M | Reduce -38.1% |
| NATL NCR Atleos Corp. | 4.59% | 132,500 | $3.8M | Reduce -29.3% |
| SKIL Skillsoft Corp. | 3.68% | 195,131 | $3.0M | Add +133.0% |
| OFIX Orthofix Medical Inc. | 3.31% | 174,500 | $2.7M | Reduce -24.9% |
| MITK Mitek Systems Inc. | 1.84% | 175,000 | $1.5M | New |
| BN Brookfield Corp. | 0.57% | 8,860 | $471K | New |
| LBRDK Liberty Broadband-C | 0.34% | 3,620 | $280K | New |
| PPLI People Inc. filed as IAC INC | 0.32% | 4,960 | $267K | New |
Portfolio Sells Q2 2024 → Q3 2024
| ODP The Odp Corp. | Reduce -38.1% | 5.38% | −5.41 |
| SPB Spectrum Brands Holdings Inc. | Sold out | 0.00% | −2.80 |
| EHAB Enhabit Inc. | Reduce -1.2% | 23.45% | −1.75 |
| NATL NCR Atleos Corp. | Reduce -29.3% | 4.59% | −1.19 |
| VYX NCR Voyix Corp. | Reduce -23.2% | 6.52% | −0.74 |
| FTRE Fortrea Holdings Inc. | Sold out | 0.00% | −0.60 |
| CC The Chemours Co. | Sold out | 0.00% | −0.39 |
| DAY Dayforce Inc. | Sold out | 0.00% | −0.28 |
| OFIX Orthofix Medical Inc. | Reduce -24.9% | 3.31% | −0.21 |
| KBR KBR Inc. | Reduce -2.4% | 7.92% | +0.41 |
| CNNE Cannae Holdings Inc. | Reduce -3.4% | 28.22% | +2.10 |
Portfolio Buys Q2 2024 → Q3 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 26 | $60.5M | EHAB, PPLI, GNW, CALY, VYX |
| Q4 2025 | 9 | $35.2M | EHAB, CALY, SKIL, PPLI, VYX |
| Q3 2025 | 12 | $43.4M | EHAB, SKIL, CALY, VYX, PPLI |
| Q2 2025 | 19 | $51.3M | EHAB, SKIL, CALY, VYX, PPLI |
| Q1 2025 | 13 | $49.2M | EHAB, SKIL, CALY, VYX, PPLI |
| Q4 2024 | 14 | $70.2M | EHAB, CNNE, SKIL, CALY, VYX |
| Q3 2024 | 13 | $82.3M | CNNE, EHAB, CALY, KBR, VYX |
| Q2 2024 | 13 | $87.5M | CNNE, EHAB, ODP, CALY, KBR |
| Q1 2024 | 10 | $89.3M | EHAB, CNNE, ODP, NATL, KBR |