Forest Avenue Capital Management LP In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Forest Avenue Capital Management LP reported 22 stock positions worth $722.4 million . Its top holding was Viking (VIK) at 8.0% of the portfolio, followed by Bath & Body Works (BBWI, 6.7% ) and Core & Main Class A (CNM, 6.4% ). Compared with Q1 2024, it opened 7 new positions, sold out of 4, added to 14 and reduced 1. The biggest buy was a new position in Viking (VIK) and the biggest sale an exit from Ulta Beauty (ULTA).
Location MIAMI, FL
CIK 0001944889
Portfolio Value $722.4M (Q2 2024) Holdings 22 stocks · $722.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 VIK Viking Holdings Ltd. 1,709,126 $58.0M New BBWI Bath & Body Works Inc. 1,232,590 $48.1M Add +98.5% CNM Core & Main Inc. Class A 948,169 $46.4M Add +52.2% VST Vistra Corp. 535,074 $46.0M Add +21.9% WMT Walmart Inc. 663,427 $44.9M Add +74.6% UBER Uber Technologies Inc. 616,778 $44.8M New SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC 857,722 $40.6M Add +52.2% FRO Frontline PLC 1,429,909 $36.8M Add +12.7% RRX Regal Rexnord Corp. 262,910 $35.6M Add +63.8% RCL Royal Caribbean Cruises Ltd. 219,771 $35.0M New TECK Teck Resources Ltd.-CLS B 695,490 $33.3M New FSLR First Solar Inc. 137,329 $31.0M New XPO Xpo Inc. 290,469 $30.8M Add +31.1% MATX Matson Inc. 232,455 $30.4M Add +50.2% PCG P G & E Corp. 1,577,950 $27.6M Add +56.6% GEV GE Vernova Inc. 143,100 $24.5M Add +20.6% X United States Steel Corp. 602,378 $22.8M New ARCH Arch Resources Inc. 125,453 $19.1M Add +8.8% CC The Chemours Co. 845,728 $19.1M Add +236.8% CCL Carnival Corp. 961,400 $18.0M Reduce -35.4% SPR Spirit Aerosystems Hold Class A 493,800 $16.2M New HCC Warrior Met Coal Inc. 211,014 $13.2M Add +91.3%
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ ULTA Ulta Beauty Inc. Sold out 0.00% −5.51 LNG Cheniere Energy Inc. Sold out 0.00% −4.27 CCL Carnival Corp. Reduce -35.4% 2.49% −3.48 META Meta Platforms Inc. Class A Sold out 0.00% −2.83 GOOG Alphabet Inc. Class C Sold out 0.00% −2.74
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ VIK Viking Holdings Ltd. New 8.03% +8.03 UBER Uber Technologies Inc. New 6.21% +6.21 RCL Royal Caribbean Cruises Ltd. New 4.85% +4.85 TECK Teck Resources Ltd.-CLS B New 4.61% +4.61 FSLR First Solar Inc. New 4.29% +4.29 X United States Steel Corp. New 3.15% +3.15 SPR Spirit Aerosystems Hold Class A New 2.25% +2.25 CC The Chemours Co. Add +236.8% 2.64% +1.02 WMT Walmart Inc. Add +74.6% 6.22% +0.60 HCC Warrior Met Coal Inc. Add +91.3% 1.83% +0.19 MATX Matson Inc. Add +50.2% 4.21% −0.06 PCG P G & E Corp. Add +56.6% 3.81% −0.34 GEV GE Vernova Inc. Add +20.6% 3.40% −0.59 BBWI Bath & Body Works Inc. Add +98.5% 6.66% −0.97 VST Vistra Corp. Add +21.9% 6.37% −1.15 ARCH Arch Resources Inc. Add +8.8% 2.64% −1.91 RRX Regal Rexnord Corp. Add +63.8% 4.92% −2.18 FRO Frontline PLC Add +12.7% 5.10% −2.19 SGI Somnigroup International Inc. Add +52.2% 5.62% −2.25 CNM Core & Main Inc. Class A Add +52.2% 6.42% −2.34 XPO Xpo Inc. Add +31.1% 4.27% −2.38
Notes & Other Activity Q1 2024 → Q2 2024 Security Class Change vs Q1 2024 Shares / Principal Value ▼ NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 Sold out 125,000 $363Kbefore exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 24 $2.4B VST, VIK, MAIR, DPC, WWD Q1 2026 25 $1.6B VST, VIK, CRS, QXO, CNM Q4 2025 22 $1.5B VIK, CRS, VST, MTZ, WWD Q3 2025 21 $1.3B VIK, CRS, VST, MTZ, QXO Q2 2025 17 $1.3B VIK, VST, CRS, XPO, CNM Q1 2025 15 $732.2M CRS, CEG, VST, CNM, RCL Q4 2024 21 $1.1B AMZN, CEG, VIK, BBWI, XPO Q3 2024 21 $823.7M CEG, VST, VIK, CNM, BBWI Q2 2024 22 $722.4M VIK, BBWI, CNM, VST, WMT Q1 2024 19 $406.9M CNM, SGI, BBWI, VST, FRO