Littlejohn & Co. LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Littlejohn & Co. LLC reported 10 stock positions worth $210.4 million. Its top holding was Forward Air (FWRD) at 34.1% of the portfolio, followed by Aveanna Healthcare (AVAH, 19.9%) and Magnera (MAGN, 16.1%). Compared with Q1 2025, it sold out of 1 and added to 5. The biggest buy was Forward Air (FWRD, shares +4%) and the biggest sale an exit from Emerald (EEX).

Most Recent 13F
Q2 2026
Location
GREENWICH, CT
CIK
0001042537
Portfolio Value
$210.4M (Q2 2025)
SEC Filing
0001042537-25-000006 ↗ filed Aug 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 Q1 2025 Q2 2025: $210.4M $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 10 stocks · $210.4M
FWRD Forward Air Corp. 34.09% 2,921,880 $71.7M Add +3.8%
AVAH Aveanna Healthcare Holdings 19.91% 8,008,476 $41.9M Add +5.9%
MAGN Magnera Corp. 16.10% 2,803,984 $33.9M Add +43.9%
CBL CBL & Associates Properties 8.65% 716,373 $18.2M No change
ASTL Algoma Steel Group Inc. 7.45% 2,273,972 $15.7M Add +3.2%
ALVO Alvotech SA 5.72% 1,318,534 $12.0M No change
ALIT Alight Inc. Class A 3.97% 1,475,859 $8.4M No change
EFOR Everforth Inc. filed as ASGN INC 2.73% 114,959 $5.7M Add +215.8%
SRG Seritage Growth Prop- A 1.36% 931,122 $2.9M No change
OPITQ Office Properties Income Tru 0.03% 230,897 $57K No change

Options reported separately and not counted above: MDAIW calls ($32K), RUMBW calls ($15K), FBYDW calls ($13K), AFRIW calls ($12K), SATLW calls ($4K), SDAWW calls ($3K), LIDRW calls ($1K), BSLKW calls ($357), PARAW calls ($249), XBPEW calls ($212), ALURW calls ($120).

Portfolio Sells Q1 2025 → Q2 2025
EEX Emerald Holding Inc. Sold out 0.00% −0.53

Portfolio Buys Q1 2025 → Q2 2025
FWRD Forward Air Corp. Add +3.8% 34.09% +4.61
EFOR Everforth Inc. Add +215.8% 2.73% +1.53
ASTL Algoma Steel Group Inc. Add +3.2% 7.45% +1.22
AVAH Aveanna Healthcare Holdings Add +5.9% 19.91% −1.46
MAGN Magnera Corp. Add +43.9% 16.10% −2.34

Options Activity Q1 2025 → Q2 2025
IWM iShares Russell 2000 ETF put Sold out 200,000 $523Kbefore exit
ASTL Algoma Steel Group Inc. call Sold out 200,000 $10Kbefore exit

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