New South Capital Management Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), New South Capital Management Inc. reported 65 stock positions worth $2.4 billion. Its top holding was Vertiv Class A (VRT) at 9.9% of the portfolio, followed by AutoZone (AZO, 7.1%) and Zebra Technologies Class A (ZBRA, 7.1%). Compared with Q3 2024, it opened 3 new positions, added to 7 and reduced 47. The biggest buy was a new position in Nice Ltd. - Spon ADR (NICE) and the biggest sale FMC (FMC, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0001044797
- Portfolio Value
- $2.4B (Q4 2024)
- SEC Filing
- 0001044797-25-000001 ↗ filed Feb 6, 2025
Holdings Value
Holdings 65 stocks · $2.4B
| VRT Vertiv Holdings Co. Class A | 9.94% | 2,075,749 | $235.8M | Reduce -18.9% |
| AZO AutoZone Inc. | 7.13% | 52,823 | $169.1M | Reduce -3.9% |
| ZBRA Zebra Technologies Corp. Class A | 7.11% | 437,020 | $168.8M | Reduce -4.4% |
| WCC Wesco International Inc. | 5.30% | 695,598 | $125.9M | Reduce -2.3% |
| FISV Fiserv Inc. | 4.91% | 566,754 | $116.4M | Reduce -5.1% |
| TMO Thermo Fisher Scientific Inc. | 3.42% | 156,054 | $81.2M | Add +0.1% |
| RPRX Royalty Pharma PLC Class A | 3.18% | 2,957,125 | $75.4M | Add +19.9% |
| OTEX Open Text Corp. | 2.91% | 2,442,450 | $69.2M | Reduce -4.0% |
| GIB Cgi Inc. | 2.80% | 608,631 | $66.5M | Reduce -1.7% |
| EEFT Euronet Worldwide Inc. | 2.65% | 611,543 | $62.9M | Reduce -0.8% |
| BN Brookfield Corp. | 2.53% | 1,045,331 | $60.1M | Reduce -2.6% |
| HBI Hanesbrands Inc. | 2.45% | 7,133,547 | $58.1M | Reduce -3.9% |
| KMPR Kemper Corp. | 2.42% | 866,195 | $57.5M | Reduce -3.1% |
| NICE Nice Ltd. - Spon ADR | 2.32% | 323,718 | $55.0M | New |
| SSNC Ss&c Technologies Holdings | 2.23% | 698,608 | $52.9M | Reduce -1.6% |
| MSM MSC Industrial Direct Co. Class A | 2.19% | 695,573 | $52.0M | Reduce -2.7% |
| ENS Enersys | 2.08% | 534,307 | $49.4M | Reduce -3.4% |
| OSW Onespaworld Holdings Ltd. | 2.05% | 2,440,778 | $48.6M | Reduce -5.8% |
| FDX FedEx Corp. | 2.03% | 171,538 | $48.3M | Reduce -1.2% |
| DBRG Digitalbridge Group Inc. | 1.93% | 4,055,232 | $45.7M | Add +2.9% |
| HHH Howard Hughes Holdings Inc. | 1.90% | 585,223 | $45.0M | Reduce -2.8% |
| ESI Element Solutions Inc. | 1.90% | 1,770,013 | $45.0M | Reduce -3.4% |
| THS Treehouse Foods Inc. | 1.86% | 1,258,817 | $44.2M | Reduce -7.7% |
| LKQ LKQ Corp. | 1.84% | 1,186,785 | $43.6M | Reduce -21.5% |
| WBD Warner Bros Discovery Inc. | 1.53% | 3,428,889 | $36.2M | Reduce -5.7% |
| WTW Willis Towers Watson PLC | 1.52% | 114,976 | $36.0M | Reduce -1.3% |
| VAC Marriott Vacations World | 1.39% | 367,974 | $33.0M | Add +1.0% |
| AVTR Avantor Inc. | 1.17% | 1,314,179 | $27.7M | Reduce -4.8% |
| KFRC Kforce Inc. | 1.14% | 479,112 | $27.2M | Reduce -4.9% |
| RUSHA Rush Enterprises Inc. Class A | 1.13% | 490,744 | $26.9M | Reduce -6.9% |
| FMC FMC Corp. | 1.02% | 497,610 | $24.2M | Reduce -25.3% |
| EFOR Everforth Inc. filed as ASGN INC | 1.01% | 287,745 | $24.0M | Reduce -3.3% |
| IMXI International Money Express | 0.99% | 1,132,107 | $23.6M | Add +22.7% |
| GTX Garrett Motion Inc. | 0.96% | 2,518,873 | $22.7M | Reduce -7.1% |
| THR Thermon Group Holdings Inc. | 0.81% | 664,875 | $19.1M | Reduce -6.9% |
| FCFS Firstcash Holdings Inc. | 0.77% | 177,054 | $18.3M | Reduce -7.5% |
| SWK Stanley Black & Decker Inc. | 0.73% | 215,489 | $17.3M | Reduce -8.8% |
| IWR iShares Russell Mid-Cap ETF | 0.59% | 157,225 | $13.9M | Add +189.2% |
| HOLX Hologic Inc. | 0.56% | 185,288 | $13.4M | Reduce -3.7% |
| AMN Amn Healthcare Services Inc. | 0.52% | 512,588 | $12.3M | Reduce -7.5% |
| PLYA Playa Hotels & Resorts NV | 0.48% | 899,140 | $11.4M | New |
| ARCC Ares Capital Corp. | 0.48% | 517,078 | $11.3M | Reduce -5.5% |
| BEPC Brookfield Renewable Corp. | 0.43% | 373,204 | $10.3M | Reduce -0.5% |
| AMSF Amerisafe Inc. | 0.41% | 187,105 | $9.6M | Reduce -6.9% |
| NVEE NV5 Global Inc. | 0.35% | 441,629 | $8.3M | Reduce -6.9% |
| UNF Unifirst Corp. | 0.35% | 48,619 | $8.3M | Reduce -6.9% |
| FIS Fidelity National Info Serv | 0.34% | 99,125 | $8.0M | Reduce -31.6% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.34% | 241,412 | $8.0M | Reduce -7.0% |
| HDSN Hudson Technologies Inc. | 0.31% | 1,321,717 | $7.4M | Reduce -1.6% |
| WEX Wex Inc. | 0.26% | 35,701 | $6.3M | Reduce -35.6% |
| UPLD Upland Software Inc. | 0.24% | 1,320,785 | $5.7M | Reduce -7.9% |
| BAM Brookfield Asset Mgmt-A | 0.20% | 86,629 | $4.7M | Reduce -4.4% |
| IWN iShares Russell 2000 Value E | 0.18% | 26,390 | $4.3M | Reduce -44.2% |
| CCSI Consensus Cloud Solution | 0.18% | 176,994 | $4.2M | New |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.15% | 67,328 | $3.5M | No change |
| DVY iShares Select Dividend ETF | 0.09% | 15,680 | $2.1M | No change |
| DOX Amdocs Ltd. | 0.08% | 23,264 | $2.0M | Reduce -29.4% |
| AFRFX Invesco Fltng RT ESG-R6 | 0.08% | 271,198 | $1.8M | Add +2.3% |
| SIRI Sirius XM Holdings Inc. | 0.06% | 66,576 | $1.5M | Reduce -2.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.03% | 9,405 | $771K | No change |
| BMY Bristol-Myers Squibb Co. | 0.02% | 7,189 | $407K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.01% | 1,500 | $330K | No change |
| KMI Kinder Morgan Inc. | 0.01% | 9,641 | $264K | No change |
| BIP Brookfield Infrastructure Pa | 0.01% | 7,750 | $246K | No change |
| FHN First Horizon Corp. | 0.01% | 10,117 | $204K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| FMC FMC Corp. | Reduce -25.3% | 1.02% | −0.78 |
| LKQ LKQ Corp. | Reduce -21.5% | 1.84% | −0.63 |
| OTEX Open Text Corp. | Reduce -4.0% | 2.91% | −0.55 |
| VRT Vertiv Holdings Co. Class A | Reduce -18.9% | 9.94% | −0.48 |
| THS Treehouse Foods Inc. | Reduce -7.7% | 1.86% | −0.48 |
| AMN Amn Healthcare Services Inc. | Reduce -7.5% | 0.52% | −0.44 |
| SWK Stanley Black & Decker Inc. | Reduce -8.8% | 0.73% | −0.34 |
| MSM MSC Industrial Direct Co. Class A | Reduce -2.7% | 2.19% | −0.33 |
| AVTR Avantor Inc. | Reduce -4.8% | 1.17% | −0.29 |
| ENS Enersys | Reduce -3.4% | 2.08% | −0.23 |
| WEX Wex Inc. | Reduce -35.6% | 0.26% | −0.21 |
| FIS Fidelity National Info Serv | Reduce -31.6% | 0.34% | −0.16 |
| HDSN Hudson Technologies Inc. | Reduce -1.6% | 0.31% | −0.15 |
| IWN iShares Russell 2000 Value E | Reduce -44.2% | 0.18% | −0.14 |
| ESI Element Solutions Inc. | Reduce -3.4% | 1.90% | −0.14 |
| SHOE Shoe Station Group Inc. | Reduce -7.0% | 0.34% | −0.13 |
| FCFS Firstcash Holdings Inc. | Reduce -7.5% | 0.77% | −0.13 |
| EFOR Everforth Inc. | Reduce -3.3% | 1.01% | −0.12 |
| KFRC Kforce Inc. | Reduce -4.9% | 1.14% | −0.12 |
| GIB Cgi Inc. | Reduce -1.7% | 2.80% | −0.11 |
| NVEE NV5 Global Inc. | Reduce -6.9% | 0.35% | −0.10 |
| HOLX Hologic Inc. | Reduce -3.7% | 0.56% | −0.08 |
| UNF Unifirst Corp. | Reduce -6.9% | 0.35% | −0.07 |
| BEPC Brookfield Renewable Corp. | Reduce -0.5% | 0.43% | −0.07 |
| THR Thermon Group Holdings Inc. | Reduce -6.9% | 0.81% | −0.07 |
| DOX Amdocs Ltd. | Reduce -29.4% | 0.08% | −0.03 |
| HHH Howard Hughes Holdings Inc. | Reduce -2.8% | 1.90% | −0.01 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -6.9% | 1.13% | −0.01 |
| SIRI Sirius XM Holdings Inc. | Reduce -2.8% | 0.06% | −0.00 |
| ARCC Ares Capital Corp. | Reduce -5.5% | 0.48% | +0.01 |
| AMSF Amerisafe Inc. | Reduce -6.9% | 0.41% | +0.01 |
| BAM Brookfield Asset Mgmt-A | Reduce -4.4% | 0.20% | +0.02 |
| AZO AutoZone Inc. | Reduce -3.9% | 7.13% | +0.04 |
| GTX Garrett Motion Inc. | Reduce -7.1% | 0.96% | +0.05 |
| SSNC Ss&c Technologies Holdings | Reduce -1.6% | 2.23% | +0.07 |
| FDX FedEx Corp. | Reduce -1.2% | 2.03% | +0.09 |
| UPLD Upland Software Inc. | Reduce -7.9% | 0.24% | +0.10 |
| WTW Willis Towers Watson PLC | Reduce -1.3% | 1.52% | +0.11 |
| EEFT Euronet Worldwide Inc. | Reduce -0.8% | 2.65% | +0.15 |
| KMPR Kemper Corp. | Reduce -3.1% | 2.42% | +0.19 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -4.4% | 7.11% | +0.19 |
| BN Brookfield Corp. | Reduce -2.6% | 2.53% | +0.20 |
| HBI Hanesbrands Inc. | Reduce -3.9% | 2.45% | +0.22 |
| OSW Onespaworld Holdings Ltd. | Reduce -5.8% | 2.05% | +0.30 |
| WBD Warner Bros Discovery Inc. | Reduce -5.7% | 1.53% | +0.30 |
| WCC Wesco International Inc. | Reduce -2.3% | 5.30% | +0.41 |
| FISV Fiserv Inc. | Reduce -5.1% | 4.91% | +0.52 |
Portfolio Buys Q3 2024 → Q4 2024
| NICE Nice Ltd. - Spon ADR | New | 2.32% | +2.32 |
| PLYA Playa Hotels & Resorts NV | New | 0.48% | +0.48 |
| IWR iShares Russell Mid-Cap ETF | Add +189.2% | 0.59% | +0.39 |
| RPRX Royalty Pharma PLC Class A | Add +19.9% | 3.18% | +0.32 |
| VAC Marriott Vacations World | Add +1.0% | 1.39% | +0.30 |
| IMXI International Money Express | Add +22.7% | 0.99% | +0.30 |
| CCSI Consensus Cloud Solution | New | 0.18% | +0.18 |
| AFRFX Invesco Fltng RT ESG-R6 | Add +2.3% | 0.08% | +0.00 |
| DBRG Digitalbridge Group Inc. | Add +2.9% | 1.93% | −0.35 |
| TMO Thermo Fisher Scientific Inc. | Add +0.1% | 3.42% | −0.52 |
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 |