New South Capital Management Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), New South Capital Management Inc. reported 57 stock positions worth $2.1 billion. Its top holding was Vertiv Class A (VRT) at 11.4% of the portfolio, followed by AutoZone (AZO, 8.3%) and Zebra Technologies Class A (ZBRA, 6.0%). Compared with Q1 2025, it sold out of 6, added to 13 and reduced 39. The biggest buy was Element Solutions (ESI, shares +51%) and the biggest sale an exit from Warner Bros Discovery (WBD).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0001044797
- Portfolio Value
- $2.1B (Q2 2025)
- SEC Filing
- 0001044797-25-000004 ↗ filed Aug 13, 2025
Holdings Value
Holdings 57 stocks · $2.1B
| VRT Vertiv Holdings Co. Class A | 11.45% | 1,840,894 | $236.4M | Reduce -12.8% |
| AZO AutoZone Inc. | 8.33% | 46,348 | $172.1M | Reduce -1.8% |
| ZBRA Zebra Technologies Corp. Class A | 5.95% | 398,811 | $123.0M | Reduce -3.4% |
| WCC Wesco International Inc. | 5.62% | 626,449 | $116.0M | Reduce -4.6% |
| RPRX Royalty Pharma PLC Class A | 5.04% | 2,886,569 | $104.0M | Reduce -0.7% |
| FISV Fiserv Inc. | 4.07% | 488,082 | $84.2M | Reduce -2.3% |
| EEFT Euronet Worldwide Inc. | 3.49% | 711,887 | $72.2M | Add +9.9% |
| OTEX Open Text Corp. | 3.30% | 2,336,575 | $68.2M | Reduce -2.5% |
| TMO Thermo Fisher Scientific Inc. | 2.96% | 150,703 | $61.1M | Reduce -1.1% |
| ENS Enersys | 2.90% | 699,333 | $60.0M | Add +38.8% |
| BN Brookfield Corp. | 2.82% | 943,194 | $58.3M | Reduce -2.8% |
| ESI Element Solutions Inc. | 2.76% | 2,514,351 | $57.0M | Add +50.8% |
| SSNC Ss&c Technologies Holdings | 2.63% | 656,859 | $54.4M | Add +0.0% |
| MSM MSC Industrial Direct Co. Class A | 2.58% | 626,956 | $53.3M | Reduce -4.3% |
| NICE Nice Ltd. - Spon ADR | 2.50% | 306,219 | $51.7M | Reduce -1.7% |
| GIB Cgi Inc. | 2.45% | 482,005 | $50.5M | Reduce -17.2% |
| KMPR Kemper Corp. | 2.42% | 774,933 | $50.0M | Reduce -5.1% |
| LKQ LKQ Corp. | 2.34% | 1,304,780 | $48.3M | Add +0.5% |
| OSW Onespaworld Holdings Ltd. | 1.93% | 1,955,123 | $39.9M | Reduce -12.1% |
| GTX Garrett Motion Inc. | 1.93% | 3,789,378 | $39.8M | Reduce -9.0% |
| DBRG Digitalbridge Group Inc. | 1.90% | 3,785,985 | $39.2M | Reduce -5.3% |
| FDX FedEx Corp. | 1.87% | 169,748 | $38.6M | Add +5.3% |
| WTW Willis Towers Watson PLC | 1.59% | 106,808 | $32.7M | Reduce -2.2% |
| HBI Hanesbrands Inc. | 1.38% | 6,213,489 | $28.5M | Reduce -6.2% |
| FCFS Firstcash Holdings Inc. | 1.25% | 190,294 | $25.7M | Reduce -11.9% |
| KFRC Kforce Inc. | 1.20% | 601,043 | $24.7M | Add +32.2% |
| AVTR Avantor Inc. | 1.18% | 1,809,816 | $24.4M | Add +1.4% |
| VAC Marriott Vacations World | 1.16% | 332,447 | $24.0M | Reduce -5.5% |
| FMC FMC Corp. | 1.08% | 533,233 | $22.3M | Reduce -2.4% |
| BEPC Brookfield Renewable Corp. | 0.97% | 610,879 | $20.0M | Reduce -1.0% |
| RUSHA Rush Enterprises Inc. Class A | 0.92% | 369,216 | $19.0M | Reduce -15.4% |
| EFOR Everforth Inc. filed as ASGN INC | 0.76% | 312,420 | $15.6M | Add +14.1% |
| THR Thermon Group Holdings Inc. | 0.68% | 499,635 | $14.0M | Reduce -15.5% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.62% | 689,123 | $12.9M | Reduce -1.5% |
| SWK Stanley Black & Decker Inc. | 0.62% | 189,324 | $12.8M | Reduce -6.3% |
| AMN Amn Healthcare Services Inc. | 0.54% | 543,910 | $11.2M | Reduce -6.1% |
| HDSN Hudson Technologies Inc. | 0.53% | 1,350,943 | $11.0M | Reduce -8.9% |
| HOLX Hologic Inc. | 0.50% | 157,835 | $10.3M | Reduce -4.1% |
| IMXI International Money Express | 0.42% | 852,037 | $8.6M | Reduce -15.4% |
| ARCC Ares Capital Corp. | 0.42% | 390,939 | $8.6M | Reduce -15.3% |
| THS Treehouse Foods Inc. | 0.40% | 423,214 | $8.2M | Reduce -48.2% |
| NVEE NV5 Global Inc. | 0.37% | 330,858 | $7.6M | Reduce -15.5% |
| CCSI Consensus Cloud Solution | 0.35% | 309,994 | $7.1M | Reduce -12.5% |
| UNF Unifirst Corp. | 0.33% | 36,399 | $6.9M | Reduce -15.5% |
| AMSF Amerisafe Inc. | 0.30% | 140,160 | $6.1M | Reduce -15.5% |
| WEX Wex Inc. | 0.26% | 36,286 | $5.3M | Add +2.2% |
| BAM Brookfield Asset Mgmt-A | 0.22% | 81,684 | $4.5M | No change |
| IWR iShares Russell Mid-Cap ETF | 0.15% | 33,730 | $3.1M | Add +253.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.14% | 55,525 | $2.9M | Reduce -15.4% |
| DVY iShares Select Dividend ETF | 0.10% | 15,680 | $2.1M | No change |
| UPLD Upland Software Inc. | 0.09% | 993,250 | $1.9M | Reduce -15.6% |
| AFRFX Invesco Fltng RT ESG-R6 | 0.09% | 283,635 | $1.9M | Add +2.1% |
| IWN iShares Russell 2000 Value E | 0.07% | 8,910 | $1.4M | Add +45.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.04% | 9,125 | $756K | Reduce -3.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.02% | 1,500 | $442K | No change |
| BMY Bristol-Myers Squibb Co. | 0.02% | 7,189 | $333K | No change |
| FHN First Horizon Corp. | 0.01% | 10,117 | $214K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −1.76 |
| HHH Howard Hughes Holdings Inc. | Sold out | 0.00% | −1.73 |
| FISV Fiserv Inc. | Reduce -2.3% | 4.07% | −1.25 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.1% | 2.96% | −0.70 |
| THS Treehouse Foods Inc. | Reduce -48.2% | 0.40% | −0.67 |
| HBI Hanesbrands Inc. | Reduce -6.2% | 1.38% | −0.47 |
| GIB Cgi Inc. | Reduce -17.2% | 2.45% | −0.36 |
| AZO AutoZone Inc. | Reduce -1.8% | 8.33% | −0.34 |
| KMPR Kemper Corp. | Reduce -5.1% | 2.42% | −0.21 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -15.4% | 0.92% | −0.20 |
| IMXI International Money Express | Reduce -15.4% | 0.42% | −0.20 |
| WTW Willis Towers Watson PLC | Reduce -2.2% | 1.59% | −0.20 |
| AMN Amn Healthcare Services Inc. | Reduce -6.1% | 0.54% | −0.14 |
| SWK Stanley Black & Decker Inc. | Reduce -6.3% | 0.62% | −0.13 |
| AMSF Amerisafe Inc. | Reduce -15.5% | 0.30% | −0.12 |
| SHOE Shoe Station Group Inc. | Reduce -1.5% | 0.62% | −0.12 |
| THR Thermon Group Holdings Inc. | Reduce -15.5% | 0.68% | −0.11 |
| DOX Amdocs Ltd. | Sold out | 0.00% | −0.09 |
| ARCC Ares Capital Corp. | Reduce -15.3% | 0.42% | −0.08 |
| UPLD Upland Software Inc. | Reduce -15.6% | 0.09% | −0.07 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.05 |
| CCSI Consensus Cloud Solution | Reduce -12.5% | 0.35% | −0.05 |
| FMC FMC Corp. | Reduce -2.4% | 1.08% | −0.03 |
| UNF Unifirst Corp. | Reduce -15.5% | 0.33% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -15.4% | 0.14% | −0.02 |
| KMI Kinder Morgan Inc. | Sold out | 0.00% | −0.01 |
| BIP Brookfield Infrastructure Pa | Sold out | 0.00% | −0.01 |
| FCFS Firstcash Holdings Inc. | Reduce -11.9% | 1.25% | −0.01 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -3.0% | 0.04% | −0.00 |
| NVEE NV5 Global Inc. | Reduce -15.5% | 0.37% | +0.01 |
| HOLX Hologic Inc. | Reduce -4.1% | 0.50% | +0.01 |
| VAC Marriott Vacations World | Reduce -5.5% | 1.16% | +0.07 |
| HDSN Hudson Technologies Inc. | Reduce -8.9% | 0.53% | +0.09 |
| MSM MSC Industrial Direct Co. Class A | Reduce -4.3% | 2.58% | +0.13 |
| OSW Onespaworld Holdings Ltd. | Reduce -12.1% | 1.93% | +0.13 |
| BEPC Brookfield Renewable Corp. | Reduce -1.0% | 0.97% | +0.14 |
| NICE Nice Ltd. - Spon ADR | Reduce -1.7% | 2.50% | +0.19 |
| DBRG Digitalbridge Group Inc. | Reduce -5.3% | 1.90% | +0.20 |
| GTX Garrett Motion Inc. | Reduce -9.0% | 1.93% | +0.25 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -3.4% | 5.95% | +0.33 |
| BN Brookfield Corp. | Reduce -2.8% | 2.82% | +0.37 |
| OTEX Open Text Corp. | Reduce -2.5% | 3.30% | +0.38 |
| RPRX Royalty Pharma PLC Class A | Reduce -0.7% | 5.04% | +0.67 |
| WCC Wesco International Inc. | Reduce -4.6% | 5.62% | +0.70 |
| VRT Vertiv Holdings Co. Class A | Reduce -12.8% | 11.45% | +4.10 |
Portfolio Buys Q1 2025 → Q2 2025
| ESI Element Solutions Inc. | Add +50.8% | 2.76% | +0.94 |
| ENS Enersys | Add +38.8% | 2.90% | +0.68 |
| EEFT Euronet Worldwide Inc. | Add +9.9% | 3.49% | +0.16 |
| KFRC Kforce Inc. | Add +32.2% | 1.20% | +0.13 |
| IWR iShares Russell Mid-Cap ETF | Add +253.9% | 0.15% | +0.11 |
| IWN iShares Russell 2000 Value E | Add +45.0% | 0.07% | +0.02 |
| AFRFX Invesco Fltng RT ESG-R6 | Add +2.1% | 0.09% | +0.00 |
| WEX Wex Inc. | Add +2.2% | 0.26% | −0.01 |
| SSNC Ss&c Technologies Holdings | Add +0.0% | 2.63% | −0.01 |
| FDX FedEx Corp. | Add +5.3% | 1.87% | −0.03 |
| EFOR Everforth Inc. | Add +14.1% | 0.76% | −0.08 |
| AVTR Avantor Inc. | Add +1.4% | 1.18% | −0.22 |
| LKQ LKQ Corp. | Add +0.5% | 2.34% | −0.32 |
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 |