In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Littlejohn & Co. LLC reported 9 stock positions worth $105.5 million . Its top holding was Magnera (MAGN) at 21.9% of the portfolio, followed by Algoma Steel (ASTL, 13.5% ) and Aveanna Healthcare (AVAH, 13.4% ). Compared with Q4 2025, it opened 1 new position, sold out of 1 and reduced 5. The biggest buy was a new position in Louisiana-Pacific (LPX) and the biggest sale Forward Air (FWRD, shares −70% ).
Location GREENWICH, CT
CIK 0001042537
Portfolio Value $105.5M (Q1 2026) Holdings 9 stocks · $105.5M 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 Q4 2025 MAGN Magnera Corp. 2,425,818 $23.1M Reduce -6.5% ASTL Algoma Steel Group Inc. 3,446,503 $14.2M No change AVAH Aveanna Healthcare Holdings 2,203,362 $14.2M Reduce -21.2% BLDR Builders Firstsource Inc. 170,671 $14.1M No change FWRD Forward Air Corp. 733,261 $12.3M Reduce -69.8% LPX Louisiana-Pacific Corp. 160,600 $11.7M New TTAN Servicetitan Inc. Class A 142,198 $9.0M Reduce -23.1% ALVO Alvotech SA 1,318,534 $4.5M No change SRG Seritage Growth Prop- A 885,208 $2.5M Reduce -4.9%
Options reported separately and not counted above: FBYDW calls ($38K), MDAIW calls ($26K), AFRIW calls ($19K), SATLW calls ($10K), SDAWW calls ($9K), RUMBW calls ($5K), LIDRW calls ($568), XBPEW calls ($350), PARAW calls ($120).
Portfolio Sells Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▲ FWRD Forward Air Corp. Reduce -69.8% 11.61% −20.00 FND Floor & Decor Holdings Inc. Class A Sold out 0.00% −4.13 TTAN Servicetitan Inc. Class A Reduce -23.1% 8.55% −1.71 SRG Seritage Growth Prop- A Reduce -4.9% 2.36% +0.78 MAGN Magnera Corp. Reduce -6.5% 21.86% +1.40 AVAH Aveanna Healthcare Holdings Reduce -21.2% 13.45% +1.54
Portfolio Buys Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▼ LPX Louisiana-Pacific Corp. New 11.07% +11.07
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ BSLKW Golden Arrow Merger A -CW26 call Sold out 16,515 $272before exit ALURW Allurion Technologies-28 call Sold out 3,827 $59before exit
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 8 $78.6M MAGN, BLDR, LPX, TTAN, ASTL Q1 2026 9 $105.5M MAGN, ASTL, AVAH, BLDR, FWRD Q4 2025 9 $191.9M FWRD, MAGN, AVAH, TTAN, BLDR Q3 2025 9 $198.1M FWRD, AVAH, MAGN, ALVO, ASTL Q2 2025 10 $210.4M FWRD, AVAH, MAGN, CBL, ASTL Q1 2025 11 $191.8M FWRD, AVAH, MAGN, CBL, ALVO Q4 2024 10 $196.5M FWRD, AVAH, CBL, MAGN, ALVO Q3 2024 11 $196.6M FWRD, AVAH, CBL, ALVO, ASTL Q2 2024 12 $193.9M FWRD, CBL, THC, AVAH, ALVO Q1 2024 12 $147.2M CBL, THC, AVAH, ALVO, ALIT