Littlejohn & Co. LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Littlejohn & Co. LLC reported 11 stock positions worth $191.8 million. Its top holding was Forward Air (FWRD) at 29.5% of the portfolio, followed by Aveanna Healthcare (AVAH, 21.4%) and Magnera (MAGN, 18.4%). Compared with Q4 2024, it opened 1 new position, added to 4 and reduced 2. The biggest buy was Magnera (MAGN, shares +38%) and the biggest sale CBL & Associates Properties (CBL, shares −40%).

Most Recent 13F
Q2 2026
Location
GREENWICH, CT
CIK
0001042537
Portfolio Value
$191.8M (Q1 2025)
SEC Filing
0001042537-25-000005 ↗ filed May 13, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $147.2M Q1 2024 Q2 2024: $193.9M Q2 2024 Q3 2024: $196.6M Q3 2024 Q4 2024: $196.5M Q4 2024 Q1 2025: $191.8M $191.8M Q1 2025 Q2 2025: $210.4M Q2 2025 Q3 2025: $198.1M Q3 2025 Q4 2025: $191.9M Q4 2025 Q1 2026: $105.5M Q1 2026 Q2 2026: $78.6M Q2 2026

Holdings 11 stocks · $191.8M
FWRD Forward Air Corp. 29.48% 2,814,401 $56.5M Add +70.1%
AVAH Aveanna Healthcare Holdings 21.37% 7,561,740 $41.0M Reduce -1.9%
MAGN Magnera Corp. 18.44% 1,948,060 $35.4M Add +38.3%
CBL CBL & Associates Properties 9.93% 716,373 $19.0M Reduce -39.8%
ALVO Alvotech SA 6.65% 1,318,534 $12.8M No change
ASTL Algoma Steel Group Inc. 6.22% 2,202,695 $11.9M Add +48.8%
ALIT Alight Inc. Class A 4.56% 1,475,859 $8.8M Add +1.7%
SRG Seritage Growth Prop- A 1.57% 931,122 $3.0M No change
EFOR Everforth Inc. filed as ASGN INC 1.20% 36,400 $2.3M New
EEX Emerald Holding Inc. 0.53% 259,358 $1.0M No change
OPITQ Office Properties Income Tru 0.05% 230,897 $105K No change

Options reported separately and not counted above: IWM puts ($523K), FBYDW calls ($19K), AFRIW calls ($18K), MDAIW calls ($12K), RUMBW calls ($12K), ASTL calls ($10K), SDAWW calls ($7K), SATLW calls ($4K), LIDRW calls ($1K), BSLKW calls ($495), PARAW calls ($200), XBPEW calls ($159), and 1 more.

Portfolio Sells Q4 2024 → Q1 2025
CBL CBL & Associates Properties Reduce -39.8% 9.93% −7.89
AVAH Aveanna Healthcare Holdings Reduce -1.9% 21.37% +3.43

Portfolio Buys Q4 2024 → Q1 2025
MAGN Magnera Corp. Add +38.3% 18.44% +5.42
FWRD Forward Air Corp. Add +70.1% 29.48% +2.32
EFOR Everforth Inc. New 1.20% +1.20
ALIT Alight Inc. Class A Add +1.7% 4.56% −0.55
ASTL Algoma Steel Group Inc. Add +48.8% 6.22% −1.15

Options Activity Q4 2024 → Q1 2025
ASTL Algoma Steel Group Inc. call Reduce -60.0% 200,000 $10K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$78.6MMAGN, BLDR, LPX, TTAN, ASTL
Q1 2026 9$105.5MMAGN, ASTL, AVAH, BLDR, FWRD
Q4 2025 9$191.9MFWRD, MAGN, AVAH, TTAN, BLDR
Q3 2025 9$198.1MFWRD, AVAH, MAGN, ALVO, ASTL
Q2 2025 10$210.4MFWRD, AVAH, MAGN, CBL, ASTL
Q1 2025 11$191.8MFWRD, AVAH, MAGN, CBL, ALVO
Q4 2024 10$196.5MFWRD, AVAH, CBL, MAGN, ALVO
Q3 2024 11$196.6MFWRD, AVAH, CBL, ALVO, ASTL
Q2 2024 12$193.9MFWRD, CBL, THC, AVAH, ALVO
Q1 2024 12$147.2MCBL, THC, AVAH, ALVO, ALIT