Southernsun Asset Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Southernsun Asset Management, LLC reported 27 stock positions worth $829.1 million. Its top holding was Dycom Industries (DY) at 6.6% of the portfolio, followed by MGP Ingredients (MGPI, 6.4%) and Boot Barn (BOOT, 6.1%). Compared with Q1 2024, it opened 1 new position, sold out of 1, added to 8 and reduced 18. The biggest buy was MGP Ingredients (MGPI, shares +28%) and the biggest sale an exit from Malibu Boats Class A (MBUU).
- Most Recent 13F
- Q2 2026
- Location
- Memphis, TN
- CIK
- 0001089755
- Portfolio Value
- $829.1M (Q2 2024)
- SEC Filing
- 0001213900-24-068755 ↗ filed Aug 14, 2024
Holdings Value
Holdings 27 stocks · $829.1M
| DY Dycom Industries Inc. | 6.64% | 325,964 | $55.0M | Reduce -28.5% |
| MGPI MGP Ingredients Inc. | 6.43% | 716,456 | $53.3M | Add +28.5% |
| BOOT Boot Barn Holdings Inc. | 6.10% | 392,500 | $50.6M | Reduce -27.5% |
| DAR Darling Ingredients Inc. | 5.91% | 1,333,420 | $49.0M | Reduce -0.3% |
| BDC Belden Inc. | 5.83% | 515,721 | $48.4M | Reduce -2.8% |
| BCO The Brink's Co. | 5.77% | 466,804 | $47.8M | Reduce -1.0% |
| USPH U.S. Physical Therapy Inc. | 5.52% | 495,049 | $45.8M | Add +7.8% |
| LPX Louisiana-Pacific Corp. | 5.33% | 536,666 | $44.2M | Reduce -2.8% |
| SAM Boston Beer Company Inc. Class A | 5.25% | 142,662 | $43.5M | Reduce -1.9% |
| EPAC Enerpac Tool Group Corp. | 5.13% | 1,113,451 | $42.5M | Reduce -6.4% |
| AGCO Agco Corp. | 4.96% | 419,841 | $41.1M | Add +25.2% |
| TKR Timken Co. | 4.90% | 506,504 | $40.6M | Add +4.0% |
| MUSA Murphy USA Inc. | 4.17% | 73,721 | $34.6M | Reduce -7.7% |
| NGVT Ingevity Corp. | 3.85% | 730,994 | $32.0M | Reduce -0.9% |
| DORM Dorman Products Inc. | 3.75% | 340,220 | $31.1M | Reduce -0.9% |
| AWI Armstrong World Industries | 3.67% | 268,333 | $30.4M | Reduce -0.9% |
| LOB Live Oak Bancshares Inc. | 3.47% | 821,222 | $28.8M | Add +1.0% |
| PII Polaris Inc. | 3.20% | 338,309 | $26.5M | Add +7.4% |
| THO Thor Industries Inc. | 2.91% | 258,231 | $24.1M | Add +6.4% |
| SCL Stepan Co. | 2.82% | 278,744 | $23.4M | Add +6.2% |
| BR Broadridge Financial Solutio | 1.14% | 48,142 | $9.5M | Reduce -1.1% |
| WSO Watsco Inc. | 0.95% | 17,074 | $7.9M | Reduce -16.1% |
| VMI Valmont Industries | 0.63% | 18,992 | $5.2M | New |
| SEIC Sei Investments Company | 0.51% | 65,516 | $4.2M | Reduce -1.5% |
| IEX Idex Corp. | 0.45% | 18,655 | $3.8M | Reduce -1.1% |
| TREX Trex Company Inc. | 0.43% | 48,439 | $3.6M | Reduce -1.1% |
| FND Floor & Decor Holdings Inc. Class A | 0.27% | 22,567 | $2.2M | Reduce -1.1% |
Portfolio Sells Q1 2024 → Q2 2024
| MBUU Malibu Boats Inc. Class A | Sold out | 0.00% | −2.29 |
| DAR Darling Ingredients Inc. | Reduce -0.3% | 5.91% | −1.02 |
| DY Dycom Industries Inc. | Reduce -28.5% | 6.64% | −0.66 |
| TREX Trex Company Inc. | Reduce -1.1% | 0.43% | −0.11 |
| AWI Armstrong World Industries | Reduce -0.9% | 3.67% | −0.08 |
| NGVT Ingevity Corp. | Reduce -0.9% | 3.85% | −0.07 |
| IEX Idex Corp. | Reduce -1.1% | 0.45% | −0.06 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -1.1% | 0.27% | −0.06 |
| WSO Watsco Inc. | Reduce -16.1% | 0.95% | −0.03 |
| SEIC Sei Investments Company | Reduce -1.5% | 0.51% | −0.02 |
| BR Broadridge Financial Solutio | Reduce -1.1% | 1.14% | +0.03 |
| DORM Dorman Products Inc. | Reduce -0.9% | 3.75% | +0.07 |
| LPX Louisiana-Pacific Corp. | Reduce -2.8% | 5.33% | +0.17 |
| SAM Boston Beer Company Inc. Class A | Reduce -1.9% | 5.25% | +0.32 |
| BDC Belden Inc. | Reduce -2.8% | 5.83% | +0.36 |
| BOOT Boot Barn Holdings Inc. | Reduce -27.5% | 6.10% | +0.37 |
| EPAC Enerpac Tool Group Corp. | Reduce -6.4% | 5.13% | +0.40 |
| MUSA Murphy USA Inc. | Reduce -7.7% | 4.17% | +0.45 |
| BCO The Brink's Co. | Reduce -1.0% | 5.77% | +0.92 |
Portfolio Buys Q1 2024 → Q2 2024
| MGPI MGP Ingredients Inc. | Add +28.5% | 6.43% | +1.08 |
| VMI Valmont Industries | New | 0.63% | +0.63 |
| AGCO Agco Corp. | Add +25.2% | 4.96% | +0.36 |
| SCL Stepan Co. | Add +6.2% | 2.82% | +0.19 |
| TKR Timken Co. | Add +4.0% | 4.90% | +0.16 |
| USPH U.S. Physical Therapy Inc. | Add +7.8% | 5.52% | −0.25 |
| THO Thor Industries Inc. | Add +6.4% | 2.91% | −0.26 |
| LOB Live Oak Bancshares Inc. | Add +1.0% | 3.47% | −0.29 |
| PII Polaris Inc. | Add +7.4% | 3.20% | −0.32 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $742.8M | EXTR, LPX, BOOT, MUSA, CXT |
| Q1 2026 | 31 | $689.9M | DAR, MUSA, BOOT, LPX, EXTR |
| Q4 2025 | 32 | $716.4M | BCO, DAR, USPH, MUSA, LPX |
| Q3 2025 | 31 | $771.8M | BCO, USPH, MOD, LPX, MUSA |
| Q2 2025 | 31 | $712.1M | DAR, BCO, BOOT, USPH, LPX |
| Q1 2025 | 30 | $690.8M | BCO, DAR, BDC, LPX, USPH |
| Q4 2024 | 30 | $802.7M | BCO, BDC, DAR, USPH, LPX |
| Q3 2024 | 29 | $843.7M | BCO, BDC, DAR, MGPI, LPX |
| Q2 2024 | 27 | $829.1M | DY, MGPI, BOOT, DAR, BDC |
| Q1 2024 | 27 | $898.0M | DY, DAR, USPH, BOOT, BDC |