Atlas FRM LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Atlas FRM LLC reported 10 stock positions worth $1.1 billion. Its top holding was Sylvamo (SLVM) at 47.1% of the portfolio, followed by International Paper (IP, 17.0%) and Suzano SA - Spon ADR (SUZ, 16.5%). Compared with Q3 2024, it opened 3 new positions, sold out of 1, added to 3 and reduced 2. The biggest buy was a new position in Lamb Weston (LW) and the biggest sale an exit from Aptargroup (ATR).

Most Recent 13F
Q2 2026
Location
GREENWICH, CT
CIK
0001879898
Portfolio Value
$1.1B (Q4 2024)
SEC Filing
0000899140-25-000326 ↗ filed Feb 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $739.9M Q1 2024 Q2 2024: $754.6M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.1B $1.1B Q4 2024 Q1 2025: $933.1M Q1 2025 Q2 2025: $858.8M Q2 2025 Q3 2025: $858.8M Q3 2025 Q4 2025: $1.0B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 10 stocks · $1.1B
SLVM Sylvamo Corp. 47.09% 6,312,454 $498.8M No change
IP International Paper Co. 17.02% 3,350,000 $180.3M Reduce -1.5%
SUZ Suzano SA - Spon ADR 16.55% 17,320,000 $175.3M Add +13.1%
PKG Packaging Corp. of America 5.95% 280,000 $63.0M Add +7.7%
MHK Mohawk Industries Inc. 4.56% 405,000 $48.2M Add +11.0%
SEE Sealed Air Corp. 2.43% 760,000 $25.7M Reduce -15.6%
MERC Mercer International Inc. 1.93% 3,150,000 $20.5M No change
LW Lamb Weston Holdings Inc. 1.92% 305,000 $20.4M New
ODP The Odp Corp. filed as THE ODP CORP 1.69% 785,213 $17.9M New
AMWD American Woodmark Corp. 0.86% 114,000 $9.1M New

Portfolio Sells Q3 2024 → Q4 2024
ATR Aptargroup Inc. Sold out 0.00% −0.85
SEE Sealed Air Corp. Reduce -15.6% 2.43% −0.72
IP International Paper Co. Reduce -1.5% 17.02% +1.03

Portfolio Buys Q3 2024 → Q4 2024
LW Lamb Weston Holdings Inc. New 1.92% +1.92
SUZ Suzano SA - Spon ADR Add +13.1% 16.55% +1.80
ODP The Odp Corp. New 1.69% +1.69
AMWD American Woodmark Corp. New 0.86% +0.86
PKG Packaging Corp. of America Add +7.7% 5.95% +0.56
MHK Mohawk Industries Inc. Add +11.0% 4.56% −1.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 25$2.3BIP, PKG, WCN, SLVM, SUZ
Q1 2026 23$1.5BPKG, IP, SLVM, SUZ, FBIN
Q4 2025 12$1.0BSLVM, PKG, IP, SUZ, SEE
Q3 2025 9$858.8MSLVM, SUZ, PKG, IP, SEE
Q2 2025 9$858.8MSLVM, SUZ, IP, PKG, MHK
Q1 2025 9$933.1MSLVM, IP, SUZ, PKG, MHK
Q4 2024 10$1.1BSLVM, IP, SUZ, PKG, MHK
Q3 2024 8$1.0BSLVM, IP, SUZ, MHK, PKG
Q2 2024 7$754.6MSLVM, IP, SUZ, MERC, PKG
Q1 2024 7$739.9MSLVM, IP, SUZ, PKG, MERC