New South Capital Management Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), New South Capital Management Inc. reported 62 stock positions worth $2.4 billion. Its top holding was Vertiv Class A (VRT) at 10.4% of the portfolio, followed by AutoZone (AZO, 7.1%) and Zebra Technologies Class A (ZBRA, 6.9%). Compared with Q2 2024, it opened 3 new positions, sold out of 1, added to 8 and reduced 43. The biggest buy was a new position in International Money Express (IMXI) and the biggest sale FedEx (FDX, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0001044797
- Portfolio Value
- $2.4B (Q3 2024)
- SEC Filing
- 0001044797-24-000007 ↗ filed Nov 5, 2024
Holdings Value
Holdings 62 stocks · $2.4B
| VRT Vertiv Holdings Co. Class A | 10.42% | 2,560,186 | $254.7M | Reduce -1.5% |
| AZO AutoZone Inc. | 7.08% | 54,991 | $173.2M | Reduce -1.8% |
| ZBRA Zebra Technologies Corp. Class A | 6.92% | 457,126 | $169.3M | Reduce -1.5% |
| WCC Wesco International Inc. | 4.89% | 711,617 | $119.5M | Reduce -1.1% |
| FISV Fiserv Inc. | 4.39% | 597,326 | $107.3M | Reduce -2.0% |
| TMO Thermo Fisher Scientific Inc. | 3.94% | 155,845 | $96.4M | Reduce -1.7% |
| OTEX Open Text Corp. | 3.46% | 2,543,084 | $84.6M | Reduce -1.6% |
| GIB Cgi Inc. | 2.91% | 618,916 | $71.2M | Reduce -1.8% |
| RPRX Royalty Pharma PLC Class A | 2.85% | 2,466,371 | $69.8M | Add +5.0% |
| MSM MSC Industrial Direct Co. Class A | 2.52% | 715,081 | $61.5M | Reduce -1.2% |
| EEFT Euronet Worldwide Inc. | 2.50% | 616,147 | $61.1M | Reduce -1.5% |
| LKQ LKQ Corp. | 2.47% | 1,511,395 | $60.3M | Reduce -1.5% |
| THS Treehouse Foods Inc. | 2.34% | 1,364,230 | $57.3M | Reduce -0.5% |
| BN Brookfield Corp. | 2.33% | 1,073,483 | $57.1M | Reduce -1.0% |
| ENS Enersys | 2.31% | 553,052 | $56.4M | Reduce -1.5% |
| DBRG Digitalbridge Group Inc. | 2.28% | 3,940,203 | $55.7M | Add +0.3% |
| KMPR Kemper Corp. | 2.24% | 893,976 | $54.8M | Reduce -1.6% |
| HBI Hanesbrands Inc. | 2.23% | 7,422,754 | $54.6M | Reduce -1.1% |
| SSNC Ss&c Technologies Holdings | 2.16% | 710,259 | $52.7M | Reduce -1.6% |
| ESI Element Solutions Inc. | 2.04% | 1,832,774 | $49.8M | Reduce -0.4% |
| FDX FedEx Corp. | 1.94% | 173,696 | $47.5M | Reduce -1.4% |
| HHH Howard Hughes Holdings Inc. | 1.91% | 602,169 | $46.6M | Reduce -1.2% |
| FMC FMC Corp. | 1.80% | 665,979 | $43.9M | Add +1.5% |
| OSW Onespaworld Holdings Ltd. | 1.75% | 2,591,703 | $42.8M | Reduce -0.1% |
| AVTR Avantor Inc. | 1.46% | 1,379,767 | $35.7M | Reduce -1.8% |
| WTW Willis Towers Watson PLC | 1.40% | 116,480 | $34.3M | Reduce -1.3% |
| KFRC Kforce Inc. | 1.27% | 503,972 | $31.0M | Reduce -1.0% |
| WBD Warner Bros Discovery Inc. | 1.23% | 3,636,816 | $30.0M | Reduce -8.8% |
| RUSHA Rush Enterprises Inc. Class A | 1.14% | 526,979 | $27.8M | Reduce -0.1% |
| EFOR Everforth Inc. filed as ASGN INC | 1.14% | 297,674 | $27.8M | Reduce -1.9% |
| VAC Marriott Vacations World | 1.10% | 364,394 | $26.8M | Add +6.6% |
| SWK Stanley Black & Decker Inc. | 1.06% | 236,219 | $26.0M | Add +7.4% |
| AMN Amn Healthcare Services Inc. | 0.96% | 553,891 | $23.5M | Reduce -1.6% |
| GTX Garrett Motion Inc. | 0.91% | 2,710,242 | $22.2M | Add +18.9% |
| FCFS Firstcash Holdings Inc. | 0.90% | 191,308 | $22.0M | Reduce -0.1% |
| THR Thermon Group Holdings Inc. | 0.87% | 714,363 | $21.3M | Reduce -0.1% |
| IMXI International Money Express | 0.70% | 922,396 | $17.1M | New |
| HOLX Hologic Inc. | 0.64% | 192,439 | $15.7M | Reduce -0.6% |
| BEPC Brookfield Renewable Cor-A | 0.50% | 375,159 | $12.3M | Reduce -2.9% |
| FIS Fidelity National Info Serv | 0.50% | 144,932 | $12.1M | Reduce -2.0% |
| WEX Wex Inc. | 0.48% | 55,459 | $11.6M | Reduce -2.8% |
| ARCC Ares Capital Corp. | 0.47% | 547,403 | $11.5M | Reduce -0.1% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.47% | 259,450 | $11.4M | Reduce -35.6% |
| HDSN Hudson Technologies Inc. | 0.46% | 1,343,172 | $11.2M | Add +2.1% |
| NVEE NV5 Global Inc. | 0.45% | 118,596 | $11.1M | Reduce -0.1% |
| UNF Unifirst Corp. | 0.42% | 52,238 | $10.4M | Reduce -0.1% |
| AMSF Amerisafe Inc. | 0.40% | 200,973 | $9.7M | Reduce -0.1% |
| IWN iShares Russell 2000 Value E | 0.32% | 47,260 | $7.9M | Reduce -37.2% |
| IWR iShares Russell Mid-Cap ETF | 0.20% | 54,365 | $4.8M | No change |
| BAM Brookfield Asset Mgmt-A | 0.18% | 90,576 | $4.3M | Reduce -7.0% |
| UPLD Upland Software Inc. | 0.15% | 1,433,785 | $3.6M | Reduce -0.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.14% | 67,328 | $3.5M | No change |
| DOX Amdocs Ltd. | 0.12% | 32,928 | $2.9M | Reduce -11.6% |
| DVY iShares Select Dividend ETF | 0.09% | 15,680 | $2.1M | No change |
| AFRFX Invesco Fltng RT ESG-R6 | 0.07% | 265,236 | $1.8M | Add +2.3% |
| SIRI Sirius XM Holdings Inc. | 0.07% | 68,516 | $1.6M | New |
| SHY iShares 1-3 Year Treasury Bo | 0.03% | 9,405 | $782K | No change |
| BMY Bristol-Myers Squibb Co. | 0.02% | 7,189 | $372K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.01% | 1,500 | $332K | No change |
| BIP Brookfield Infrastructure Pa | 0.01% | 7,750 | $272K | No change |
| KMI Kinder Morgan Inc. | 0.01% | 9,641 | $213K | New |
| FHN First Horizon Corp. | 0.01% | 10,117 | $157K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| FDX FedEx Corp. | Reduce -1.4% | 1.94% | −0.42 |
| EEFT Euronet Worldwide Inc. | Reduce -1.5% | 2.50% | −0.39 |
| LKQ LKQ Corp. | Reduce -1.5% | 2.47% | −0.38 |
| AZO AutoZone Inc. | Reduce -1.8% | 7.08% | −0.33 |
| AMN Amn Healthcare Services Inc. | Reduce -1.6% | 0.96% | −0.33 |
| ENS Enersys | Reduce -1.5% | 2.31% | −0.29 |
| WCC Wesco International Inc. | Reduce -1.1% | 4.89% | −0.21 |
| SHOE Shoe Station Group Inc. | Reduce -35.6% | 0.47% | −0.20 |
| ESI Element Solutions Inc. | Reduce -0.4% | 2.04% | −0.19 |
| IWN iShares Russell 2000 Value E | Reduce -37.2% | 0.32% | −0.19 |
| KMPR Kemper Corp. | Reduce -1.6% | 2.24% | −0.17 |
| KFRC Kforce Inc. | Reduce -1.0% | 1.27% | −0.15 |
| THR Thermon Group Holdings Inc. | Reduce -0.1% | 0.87% | −0.11 |
| WBD Warner Bros Discovery Inc. | Reduce -8.8% | 1.23% | −0.10 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.09 |
| EFOR Everforth Inc. | Reduce -1.9% | 1.14% | −0.06 |
| MSM MSC Industrial Direct Co. Class A | Reduce -1.2% | 2.52% | −0.05 |
| ARCC Ares Capital Corp. | Reduce -0.1% | 0.47% | −0.04 |
| NVEE NV5 Global Inc. | Reduce -0.1% | 0.45% | −0.04 |
| OSW Onespaworld Holdings Ltd. | Reduce -0.1% | 1.75% | −0.03 |
| UPLD Upland Software Inc. | Reduce -0.1% | 0.15% | −0.01 |
| DOX Amdocs Ltd. | Reduce -11.6% | 0.12% | −0.01 |
| OTEX Open Text Corp. | Reduce -1.6% | 3.46% | −0.01 |
| FIS Fidelity National Info Serv | Reduce -2.0% | 0.50% | −0.00 |
| HOLX Hologic Inc. | Reduce -0.6% | 0.64% | −0.00 |
| FCFS Firstcash Holdings Inc. | Reduce -0.1% | 0.90% | +0.00 |
| AMSF Amerisafe Inc. | Reduce -0.1% | 0.40% | +0.00 |
| BAM Brookfield Asset Mgmt-A | Reduce -7.0% | 0.18% | +0.01 |
| BEPC Brookfield Renewable Cor-A | Reduce -2.9% | 0.50% | +0.01 |
| WTW Willis Towers Watson PLC | Reduce -1.3% | 1.40% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.7% | 3.94% | +0.02 |
| UNF Unifirst Corp. | Reduce -0.1% | 0.42% | +0.02 |
| WEX Wex Inc. | Reduce -2.8% | 0.48% | +0.02 |
| THS Treehouse Foods Inc. | Reduce -0.5% | 2.34% | +0.10 |
| GIB Cgi Inc. | Reduce -1.8% | 2.91% | +0.10 |
| AVTR Avantor Inc. | Reduce -1.8% | 1.46% | +0.13 |
| SSNC Ss&c Technologies Holdings | Reduce -1.6% | 2.16% | +0.13 |
| HHH Howard Hughes Holdings Inc. | Reduce -1.2% | 1.91% | +0.14 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -0.1% | 1.14% | +0.15 |
| BN Brookfield Corp. | Reduce -1.0% | 2.33% | +0.32 |
| FISV Fiserv Inc. | Reduce -2.0% | 4.39% | +0.33 |
| VRT Vertiv Holdings Co. Class A | Reduce -1.5% | 10.42% | +0.36 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -1.5% | 6.92% | +0.52 |
| HBI Hanesbrands Inc. | Reduce -1.1% | 2.23% | +0.58 |
Portfolio Buys Q2 2024 → Q3 2024
| IMXI International Money Express | New | 0.70% | +0.70 |
| SWK Stanley Black & Decker Inc. | Add +7.4% | 1.06% | +0.28 |
| FMC FMC Corp. | Add +1.5% | 1.80% | +0.11 |
| RPRX Royalty Pharma PLC Class A | Add +5.0% | 2.85% | +0.09 |
| SIRI Sirius XM Holdings Inc. | New | 0.07% | +0.07 |
| GTX Garrett Motion Inc. | Add +18.9% | 0.91% | +0.03 |
| KMI Kinder Morgan Inc. | New | 0.01% | +0.01 |
| AFRFX Invesco Fltng RT ESG-R6 | Add +2.3% | 0.07% | −0.01 |
| HDSN Hudson Technologies Inc. | Add +2.1% | 0.46% | −0.06 |
| DBRG Digitalbridge Group Inc. | Add +0.3% | 2.28% | −0.13 |
| VAC Marriott Vacations World | Add +6.6% | 1.10% | −0.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $2.3B | VRT, WCC, ENS, RPRX, AZO |
| Q1 2026 | 51 | $2.1B | VRT, WCC, ENS, AZO, RPRX |
| Q4 2025 | 56 | $2.2B | VRT, WCC, AZO, ENS, RPRX |
| Q3 2025 | 57 | $2.2B | VRT, AZO, WCC, ZBRA, RPRX |
| Q2 2025 | 57 | $2.1B | VRT, AZO, ZBRA, WCC, RPRX |
| Q1 2025 | 63 | $2.1B | AZO, VRT, ZBRA, FISV, WCC |
| Q4 2024 | 65 | $2.4B | VRT, AZO, ZBRA, WCC, FISV |
| Q3 2024 | 62 | $2.4B | VRT, AZO, ZBRA, WCC, FISV |
| Q2 2024 | 60 | $2.2B | VRT, AZO, ZBRA, WCC, FISV |
| Q1 2024 | 60 | $2.4B | VRT, AZO, ZBRA, WCC, OTEX |