Littlejohn & Co. LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Littlejohn & Co. LLC reported 9 stock positions worth $198.1 million. Its top holding was Forward Air (FWRD) at 35.6% of the portfolio, followed by Aveanna Healthcare (AVAH, 26.6%) and Magnera (MAGN, 19.0%). Compared with Q2 2025, it opened 1 new position, sold out of 2, added to 2 and reduced 2. The biggest buy was a new position in Builders Firstsource (BLDR) and the biggest sale an exit from CBL & Associates Properties (CBL).

Most Recent 13F
Q2 2026
Location
GREENWICH, CT
CIK
0001042537
Portfolio Value
$198.1M (Q3 2025)
SEC Filing
0001042537-25-000008 ↗ filed Nov 12, 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 Q2 2025 Q3 2025: $198.1M $198.1M Q3 2025 Q4 2025: $191.9M Q4 2025 Q1 2026: $105.5M Q1 2026 Q2 2026: $78.6M Q2 2026

Holdings 9 stocks · $198.1M
FWRD Forward Air Corp. 35.62% 2,752,459 $70.6M Reduce -5.8%
AVAH Aveanna Healthcare Holdings 26.58% 5,937,609 $52.7M Reduce -25.9%
MAGN Magnera Corp. 18.96% 3,204,726 $37.6M Add +14.3%
ALVO Alvotech SA 5.45% 1,318,534 $10.8M No change
ASTL Algoma Steel Group Inc. 4.83% 2,693,887 $9.6M Add +18.5%
BLDR Builders Firstsource Inc. 4.10% 67,000 $8.1M New
ALIT Alight Inc. Class A 2.43% 1,475,859 $4.8M No change
SRG Seritage Growth Prop- A 2.00% 931,122 $4.0M No change
OPITQ Office Properties Income Tru 0.04% 230,897 $76K No change

Options reported separately and not counted above: MDAIW calls ($32K), FBYDW calls ($27K), AFRIW calls ($19K), RUMBW calls ($10K), LIDRW calls ($3K), SATLW calls ($3K), SDAWW calls ($3K), BSLKW calls ($692), PARAW calls ($267), XBPEW calls ($250), ALURW calls ($103).

Portfolio Sells Q2 2025 → Q3 2025
CBL CBL & Associates Properties Sold out 0.00% −8.65
EFOR Everforth Inc. Sold out 0.00% −2.73
FWRD Forward Air Corp. Reduce -5.8% 35.62% +1.53
AVAH Aveanna Healthcare Holdings Reduce -25.9% 26.58% +6.67

Portfolio Buys Q2 2025 → Q3 2025
BLDR Builders Firstsource Inc. New 4.10% +4.10
MAGN Magnera Corp. Add +14.3% 18.96% +2.85
ASTL Algoma Steel Group Inc. Add +18.5% 4.83% −2.61

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