Atlas FRM LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Atlas FRM LLC reported 9 stock positions worth $933.1 million. Its top holding was Sylvamo (SLVM) at 45.4% of the portfolio, followed by International Paper (IP, 18.3%) and Suzano SA - Spon ADR (SUZ, 17.2%). Compared with Q4 2024, it sold out of 1, added to 3 and reduced 2. The biggest buy was Mohawk Industries (MHK, shares +17%) and the biggest sale an exit from Lamb Weston (LW).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001879898
- Portfolio Value
- $933.1M (Q1 2025)
- SEC Filing
- 0000899140-25-000698 ↗ filed May 15, 2025
Holdings Value
Holdings 9 stocks · $933.1M
| SLVM Sylvamo Corp. | 45.37% | 6,312,454 | $423.4M | No change |
| IP International Paper Co. | 18.30% | 3,200,000 | $170.7M | Reduce -4.5% |
| SUZ Suzano SA - Spon ADR | 17.24% | 17,320,000 | $160.9M | No change |
| PKG Packaging Corp. of America | 7.11% | 335,000 | $66.3M | Add +19.6% |
| MHK Mohawk Industries Inc. | 5.81% | 475,000 | $54.2M | Add +17.3% |
| MERC Mercer International Inc. | 2.08% | 3,150,000 | $19.4M | No change |
| SEE Sealed Air Corp. | 1.77% | 570,000 | $16.5M | Reduce -25.0% |
| ODP The Odp Corp. filed as THE ODP CORP | 1.21% | 785,213 | $11.3M | No change |
| AMWD American Woodmark Corp. | 1.12% | 177,000 | $10.4M | Add +55.3% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 25 | $2.3B | IP, PKG, WCN, SLVM, SUZ |
| Q1 2026 | 23 | $1.5B | PKG, IP, SLVM, SUZ, FBIN |
| Q4 2025 | 12 | $1.0B | SLVM, PKG, IP, SUZ, SEE |
| Q3 2025 | 9 | $858.8M | SLVM, SUZ, PKG, IP, SEE |
| Q2 2025 | 9 | $858.8M | SLVM, SUZ, IP, PKG, MHK |
| Q1 2025 | 9 | $933.1M | SLVM, IP, SUZ, PKG, MHK |
| Q4 2024 | 10 | $1.1B | SLVM, IP, SUZ, PKG, MHK |
| Q3 2024 | 8 | $1.0B | SLVM, IP, SUZ, MHK, PKG |
| Q2 2024 | 7 | $754.6M | SLVM, IP, SUZ, MERC, PKG |
| Q1 2024 | 7 | $739.9M | SLVM, IP, SUZ, PKG, MERC |