Atlas FRM LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Atlas FRM LLC reported 9 stock positions worth $858.8 million. Its top holding was Sylvamo (SLVM) at 36.8% of the portfolio, followed by Suzano SA - Spon ADR (SUZ, 19.0%) and International Paper (IP, 17.4%). Compared with Q1 2025, it added to 3. The biggest buy was Packaging Corp. of America (PKG, shares +60%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001879898
- Portfolio Value
- $858.8M (Q2 2025)
- SEC Filing
- 0001879898-25-000006 ↗ filed Aug 13, 2025
Holdings Value
Holdings 9 stocks · $858.8M
| SLVM Sylvamo Corp. | 36.83% | 6,312,454 | $316.3M | No change |
| SUZ Suzano SA - Spon ADR | 18.98% | 17,320,000 | $163.0M | No change |
| IP International Paper Co. | 17.45% | 3,200,000 | $149.9M | No change |
| PKG Packaging Corp. of America | 11.74% | 535,000 | $100.8M | Add +59.7% |
| MHK Mohawk Industries Inc. | 7.42% | 608,000 | $63.7M | Add +28.0% |
| SEE Sealed Air Corp. | 3.54% | 980,000 | $30.4M | Add +71.9% |
| ODP The Odp Corp. filed as THE ODP CORP | 1.66% | 785,213 | $14.2M | No change |
| MERC Mercer International Inc. | 1.28% | 3,150,000 | $11.0M | No change |
| AMWD American Woodmark Corp. | 1.10% | 177,000 | $9.4M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| None this quarter. | |||
Portfolio Buys Q1 2025 → Q2 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 |