Forest Avenue Capital Management LP In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Forest Avenue Capital Management LP reported 21 stock positions worth $1.1 billion . Its top holding was Amazon.com (AMZN) at 9.7% of the portfolio, followed by Constellation Energy (CEG, 9.1% ) and Viking (VIK, 7.9% ). Compared with Q3 2024, it opened 9 new positions, sold out of 9, added to 7 and reduced 5. The biggest buy was a new position in Amazon.com (AMZN) and the biggest sale an exit from Somnigroup International (SGI).
Location MIAMI, FL
CIK 0001944889
Portfolio Value $1.1B (Q4 2024) Holdings 21 stocks · $1.1B 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 Q3 2024 AMZN Amazon.com Inc. 471,984 $103.5M New CEG Constellation Energy 434,857 $97.3M Add +24.2% VIK Viking Holdings Ltd. 1,897,915 $83.6M Reduce -0.3% BBWI Bath & Body Works Inc. 2,044,191 $79.3M Add +39.3% XPO Xpo Inc. 557,037 $73.1M Add +56.4% VST Vistra Corp. 527,807 $72.8M Reduce -27.2% CNM Core & Main Inc. Class A 1,240,111 $63.1M Add +10.5% WMT Walmart Inc. 586,153 $53.0M New CRS Carpenter Technology 301,468 $51.2M Add +90.4% X United States Steel Corp. 1,494,400 $50.8M New GNRC Generac Holdings Inc. 318,046 $49.3M New VSXY Victoria's Secret & Co. 1,182,297 $49.0M Reduce -25.6% DAL Delta Air Lines Inc. 799,485 $48.4M New RCL Royal Caribbean Cruises Ltd. 165,359 $38.1M Reduce -26.8% MATX Matson Inc. 232,172 $31.3M Add +1.5% APP AppLovin Corp. Class A 91,700 $29.7M New HCC Warrior Met Coal Inc. 545,189 $29.6M Add +32.5% GEO The Geo Group Inc. 721,852 $20.2M New UAL United Airlines Holdings Inc. 173,142 $16.8M New RRX Regal Rexnord Corp. 81,313 $12.6M Reduce -69.1% CXW Corecivic Inc. 515,400 $11.2M New
Options reported separately and not counted above: XPO calls ($29.5M).
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ SGI Somnigroup International Inc. Sold out 0.00% −5.67 TECK Teck Resources Ltd.-CLS B Sold out 0.00% −4.57 RRX Regal Rexnord Corp. Reduce -69.1% 1.19% −4.11 META Meta Platforms Inc. Class A Sold out 0.00% −4.07 VST Vistra Corp. Reduce -27.2% 6.84% −3.59 ATI Ati Inc. Sold out 0.00% −3.48 FRO Frontline PLC Sold out 0.00% −3.08 DLTR Dollar Tree Inc. Sold out 0.00% −2.38 VSTS Vestis Corp. Sold out 0.00% −2.37 ARCH Arch Resources Inc. Sold out 0.00% −1.84 RCL Royal Caribbean Cruises Ltd. Reduce -26.8% 3.59% −1.28 CC The Chemours Co. Sold out 0.00% −1.27 VSXY Victoria's Secret & Co. Reduce -25.6% 4.60% −0.36 VIK Viking Holdings Ltd. Reduce -0.3% 7.86% −0.20
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ AMZN Amazon.com Inc. New 9.73% +9.73 WMT Walmart Inc. New 4.98% +4.98 X United States Steel Corp. New 4.77% +4.77 GNRC Generac Holdings Inc. New 4.64% +4.64 DAL Delta Air Lines Inc. New 4.55% +4.55 APP AppLovin Corp. Class A New 2.79% +2.79 XPO Xpo Inc. Add +56.4% 6.87% +2.22 GEO The Geo Group Inc. New 1.90% +1.90 BBWI Bath & Body Works Inc. Add +39.3% 7.45% +1.76 CRS Carpenter Technology Add +90.4% 4.81% +1.74 UAL United Airlines Holdings Inc. New 1.58% +1.58 CXW Corecivic Inc. New 1.05% +1.05 CNM Core & Main Inc. Class A Add +10.5% 5.93% −0.11 HCC Warrior Met Coal Inc. Add +32.5% 2.78% −0.41 MATX Matson Inc. Add +1.5% 2.94% −1.02 CEG Constellation Energy Add +24.2% 9.14% −1.91
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ XPO Xpo Inc. call New 225,000 $29.5M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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