New South Capital Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), New South Capital Management Inc. reported 63 stock positions worth $2.1 billion. Its top holding was AutoZone (AZO) at 8.7% of the portfolio, followed by Vertiv Class A (VRT, 7.3%) and Zebra Technologies Class A (ZBRA, 5.6%). Compared with Q4 2024, it sold out of 2, added to 13 and reduced 43. The biggest buy was LKQ (LKQ, shares +9%) and the biggest sale Zebra Technologies Class A (ZBRA, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0001044797
- Portfolio Value
- $2.1B (Q1 2025)
- SEC Filing
- 0001044797-25-000003 ↗ filed Apr 28, 2025
Holdings Value
Holdings 63 stocks · $2.1B
| AZO AutoZone Inc. | 8.68% | 47,188 | $179.9M | Reduce -10.7% |
| VRT Vertiv Holdings Co. Class A | 7.35% | 2,110,392 | $152.4M | Add +1.7% |
| ZBRA Zebra Technologies Corp. Class A | 5.63% | 413,024 | $116.7M | Reduce -5.5% |
| FISV Fiserv Inc. | 5.32% | 499,745 | $110.4M | Reduce -11.8% |
| WCC Wesco International Inc. | 4.92% | 656,413 | $101.9M | Reduce -5.6% |
| RPRX Royalty Pharma PLC Class A | 4.36% | 2,907,469 | $90.5M | Reduce -1.7% |
| TMO Thermo Fisher Scientific Inc. | 3.66% | 152,363 | $75.8M | Reduce -2.4% |
| EEFT Euronet Worldwide Inc. | 3.34% | 647,810 | $69.2M | Add +5.9% |
| OTEX Open Text Corp. | 2.92% | 2,397,412 | $60.6M | Reduce -1.8% |
| GIB Cgi Inc. | 2.80% | 582,338 | $58.1M | Reduce -4.3% |
| LKQ LKQ Corp. | 2.66% | 1,298,062 | $55.2M | Add +9.4% |
| SSNC Ss&c Technologies Holdings | 2.65% | 656,771 | $54.9M | Reduce -6.0% |
| KMPR Kemper Corp. | 2.63% | 816,339 | $54.6M | Reduce -5.8% |
| BN Brookfield Corp. | 2.45% | 970,810 | $50.9M | Reduce -7.1% |
| MSM MSC Industrial Direct Co. Class A | 2.45% | 654,984 | $50.9M | Reduce -5.8% |
| NICE Nice Ltd. - Spon ADR | 2.31% | 311,414 | $48.0M | Reduce -3.8% |
| ENS Enersys | 2.23% | 504,009 | $46.2M | Reduce -5.7% |
| FDX FedEx Corp. | 1.90% | 161,280 | $39.3M | Reduce -6.0% |
| HBI Hanesbrands Inc. | 1.84% | 6,625,824 | $38.2M | Reduce -7.1% |
| ESI Element Solutions Inc. | 1.82% | 1,667,576 | $37.7M | Reduce -5.8% |
| OSW Onespaworld Holdings Ltd. | 1.80% | 2,224,788 | $37.4M | Reduce -8.8% |
| WTW Willis Towers Watson PLC | 1.78% | 109,259 | $36.9M | Reduce -5.0% |
| WBD Warner Bros Discovery Inc. | 1.76% | 3,393,004 | $36.4M | Reduce -1.1% |
| HHH Howard Hughes Holdings Inc. | 1.73% | 485,201 | $35.9M | Reduce -17.1% |
| DBRG Digitalbridge Group Inc. | 1.70% | 3,996,685 | $35.3M | Reduce -1.4% |
| GTX Garrett Motion Inc. | 1.68% | 4,164,333 | $34.9M | Add +65.3% |
| AVTR Avantor Inc. | 1.39% | 1,784,651 | $28.9M | Add +35.8% |
| FCFS Firstcash Holdings Inc. | 1.25% | 216,129 | $26.0M | Add +22.1% |
| RUSHA Rush Enterprises Inc. Class A | 1.12% | 436,549 | $23.3M | Reduce -11.0% |
| FMC FMC Corp. | 1.11% | 546,041 | $23.0M | Add +9.7% |
| VAC Marriott Vacations World | 1.09% | 351,996 | $22.6M | Reduce -4.3% |
| KFRC Kforce Inc. | 1.07% | 454,573 | $22.2M | Reduce -5.1% |
| THS Treehouse Foods Inc. | 1.07% | 817,698 | $22.2M | Reduce -35.0% |
| EFOR Everforth Inc. filed as ASGN INC | 0.83% | 273,770 | $17.3M | Reduce -4.9% |
| BEPC Brookfield Renewable Corp. | 0.83% | 617,219 | $17.2M | Add +65.4% |
| THR Thermon Group Holdings Inc. | 0.79% | 590,990 | $16.5M | Reduce -11.1% |
| SWK Stanley Black & Decker Inc. | 0.75% | 202,009 | $15.5M | Reduce -6.3% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.74% | 699,824 | $15.4M | Add +189.9% |
| AMN Amn Healthcare Services Inc. | 0.68% | 579,400 | $14.2M | Add +13.0% |
| IMXI International Money Express | 0.61% | 1,007,147 | $12.7M | Reduce -11.0% |
| ARCC Ares Capital Corp. | 0.49% | 461,803 | $10.2M | Reduce -10.7% |
| HOLX Hologic Inc. | 0.49% | 164,625 | $10.2M | Reduce -11.2% |
| HDSN Hudson Technologies Inc. | 0.44% | 1,483,719 | $9.2M | Add +12.3% |
| AMSF Amerisafe Inc. | 0.42% | 165,810 | $8.7M | Reduce -11.4% |
| CCSI Consensus Cloud Solution | 0.39% | 354,241 | $8.2M | Add +100.1% |
| NVEE NV5 Global Inc. | 0.36% | 391,418 | $7.5M | Reduce -11.4% |
| UNF Unifirst Corp. | 0.36% | 43,094 | $7.5M | Reduce -11.4% |
| WEX Wex Inc. | 0.27% | 35,511 | $5.6M | Reduce -0.5% |
| BAM Brookfield Asset Mgmt-A | 0.19% | 81,684 | $4.0M | Reduce -5.7% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.17% | 65,613 | $3.4M | Reduce -2.5% |
| UPLD Upland Software Inc. | 0.16% | 1,176,940 | $3.4M | Reduce -10.9% |
| DVY iShares Select Dividend ETF | 0.10% | 15,680 | $2.1M | No change |
| DOX Amdocs Ltd. | 0.09% | 20,849 | $1.9M | Reduce -10.4% |
| AFRFX Invesco Fltng RT ESG-R6 | 0.09% | 277,725 | $1.8M | Add +2.4% |
| SIRI Sirius XM Holdings Inc. | 0.05% | 48,603 | $1.1M | Reduce -27.0% |
| IWN iShares Russell 2000 Value E | 0.04% | 6,145 | $928K | Reduce -76.7% |
| IWR iShares Russell Mid-Cap ETF | 0.04% | 9,530 | $811K | Reduce -93.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.04% | 9,405 | $778K | No change |
| BMY Bristol-Myers Squibb Co. | 0.02% | 7,189 | $438K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.02% | 1,500 | $373K | No change |
| KMI Kinder Morgan Inc. | 0.01% | 9,641 | $275K | No change |
| BIP Brookfield Infrastructure Pa | 0.01% | 7,750 | $231K | No change |
| FHN First Horizon Corp. | 0.01% | 10,117 | $196K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| ZBRA Zebra Technologies Corp. Class A | Reduce -5.5% | 5.63% | −1.48 |
| THS Treehouse Foods Inc. | Reduce -35.0% | 1.07% | −0.80 |
| HBI Hanesbrands Inc. | Reduce -7.1% | 1.84% | −0.60 |
| IWR iShares Russell Mid-Cap ETF | Reduce -93.9% | 0.04% | −0.55 |
| PLYA Playa Hotels & Resorts NV | Sold out | 0.00% | −0.48 |
| WCC Wesco International Inc. | Reduce -5.6% | 4.92% | −0.39 |
| IMXI International Money Express | Reduce -11.0% | 0.61% | −0.38 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.34 |
| VAC Marriott Vacations World | Reduce -4.3% | 1.09% | −0.30 |
| OSW Onespaworld Holdings Ltd. | Reduce -8.8% | 1.80% | −0.25 |
| DBRG Digitalbridge Group Inc. | Reduce -1.4% | 1.70% | −0.23 |
| EFOR Everforth Inc. | Reduce -4.9% | 0.83% | −0.18 |
| HHH Howard Hughes Holdings Inc. | Reduce -17.1% | 1.73% | −0.16 |
| IWN iShares Russell 2000 Value E | Reduce -76.7% | 0.04% | −0.14 |
| FDX FedEx Corp. | Reduce -6.0% | 1.90% | −0.14 |
| UPLD Upland Software Inc. | Reduce -10.9% | 0.16% | −0.08 |
| ESI Element Solutions Inc. | Reduce -5.8% | 1.82% | −0.08 |
| BN Brookfield Corp. | Reduce -7.1% | 2.45% | −0.08 |
| KFRC Kforce Inc. | Reduce -5.1% | 1.07% | −0.07 |
| HOLX Hologic Inc. | Reduce -11.2% | 0.49% | −0.07 |
| THR Thermon Group Holdings Inc. | Reduce -11.1% | 0.79% | −0.01 |
| SIRI Sirius XM Holdings Inc. | Reduce -27.0% | 0.05% | −0.01 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -11.0% | 1.12% | −0.01 |
| BAM Brookfield Asset Mgmt-A | Reduce -5.7% | 0.19% | −0.01 |
| NICE Nice Ltd. - Spon ADR | Reduce -3.8% | 2.31% | −0.00 |
| GIB Cgi Inc. | Reduce -4.3% | 2.80% | −0.00 |
| WEX Wex Inc. | Reduce -0.5% | 0.27% | +0.01 |
| OTEX Open Text Corp. | Reduce -1.8% | 2.92% | +0.01 |
| DOX Amdocs Ltd. | Reduce -10.4% | 0.09% | +0.01 |
| UNF Unifirst Corp. | Reduce -11.4% | 0.36% | +0.01 |
| NVEE NV5 Global Inc. | Reduce -11.4% | 0.36% | +0.01 |
| AMSF Amerisafe Inc. | Reduce -11.4% | 0.42% | +0.01 |
| ARCC Ares Capital Corp. | Reduce -10.7% | 0.49% | +0.02 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -2.5% | 0.17% | +0.02 |
| SWK Stanley Black & Decker Inc. | Reduce -6.3% | 0.75% | +0.02 |
| ENS Enersys | Reduce -5.7% | 2.23% | +0.14 |
| KMPR Kemper Corp. | Reduce -5.8% | 2.63% | +0.21 |
| WBD Warner Bros Discovery Inc. | Reduce -1.1% | 1.76% | +0.23 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.4% | 3.66% | +0.24 |
| WTW Willis Towers Watson PLC | Reduce -5.0% | 1.78% | +0.26 |
| MSM MSC Industrial Direct Co. Class A | Reduce -5.8% | 2.45% | +0.26 |
| SSNC Ss&c Technologies Holdings | Reduce -6.0% | 2.65% | +0.41 |
| FISV Fiserv Inc. | Reduce -11.8% | 5.32% | +0.42 |
| RPRX Royalty Pharma PLC Class A | Reduce -1.7% | 4.36% | +1.19 |
| AZO AutoZone Inc. | Reduce -10.7% | 8.68% | +1.55 |
Portfolio Buys Q4 2024 → Q1 2025
| LKQ LKQ Corp. | Add +9.4% | 2.66% | +0.82 |
| GTX Garrett Motion Inc. | Add +65.3% | 1.68% | +0.72 |
| EEFT Euronet Worldwide Inc. | Add +5.9% | 3.34% | +0.69 |
| FCFS Firstcash Holdings Inc. | Add +22.1% | 1.25% | +0.48 |
| SHOE Shoe Station Group Inc. | Add +189.9% | 0.74% | +0.41 |
| BEPC Brookfield Renewable Corp. | Add +65.4% | 0.83% | +0.40 |
| AVTR Avantor Inc. | Add +35.8% | 1.39% | +0.23 |
| CCSI Consensus Cloud Solution | Add +100.1% | 0.39% | +0.22 |
| AMN Amn Healthcare Services Inc. | Add +13.0% | 0.68% | +0.17 |
| HDSN Hudson Technologies Inc. | Add +12.3% | 0.44% | +0.13 |
| FMC FMC Corp. | Add +9.7% | 1.11% | +0.09 |
| AFRFX Invesco Fltng RT ESG-R6 | Add +2.4% | 0.09% | +0.01 |
| VRT Vertiv Holdings Co. Class A | Add +1.7% | 7.35% | −2.59 |
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 |