Southernsun Asset Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Southernsun Asset Management, LLC reported 29 stock positions worth $843.7 million. Its top holding was Brink's (BCO) at 7.1% of the portfolio, followed by Belden (BDC, 6.6%) and Darling Ingredients (DAR, 6.6%). Compared with Q2 2024, it opened 3 new positions, sold out of 1, added to 9 and reduced 17. The biggest buy was Brink's (BCO, shares +11%) and the biggest sale Boston Beer Class A (SAM, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- Memphis, TN
- CIK
- 0001089755
- Portfolio Value
- $843.7M (Q3 2024)
- SEC Filing
- 0001213900-24-097889 ↗ filed Nov 14, 2024
Holdings Value
Holdings 29 stocks · $843.7M
| BCO The Brink's Co. | 7.10% | 517,932 | $59.9M | Add +10.9% |
| BDC Belden Inc. | 6.58% | 474,294 | $55.6M | Reduce -8.0% |
| DAR Darling Ingredients Inc. | 6.55% | 1,487,458 | $55.3M | Add +11.6% |
| MGPI MGP Ingredients Inc. | 6.50% | 658,317 | $54.8M | Reduce -8.1% |
| LPX Louisiana-Pacific Corp. | 6.10% | 478,906 | $51.5M | Reduce -10.8% |
| DY Dycom Industries Inc. | 5.53% | 236,552 | $46.6M | Reduce -27.4% |
| USPH U.S. Physical Therapy Inc. | 5.49% | 547,111 | $46.3M | Add +10.5% |
| BOOT Boot Barn Holdings Inc. | 5.20% | 262,250 | $43.9M | Reduce -33.2% |
| TKR Timken Co. | 4.99% | 499,166 | $42.1M | Reduce -1.4% |
| EPAC Enerpac Tool Group Corp. | 4.76% | 958,386 | $40.1M | Reduce -13.9% |
| AGCO Agco Corp. | 4.48% | 386,444 | $37.8M | Reduce -8.0% |
| SAM Boston Beer Company Inc. Class A | 4.12% | 120,108 | $34.7M | Reduce -15.8% |
| LOB Live Oak Bancshares Inc. | 4.06% | 722,527 | $34.2M | Reduce -12.0% |
| DORM Dorman Products Inc. | 4.04% | 301,012 | $34.1M | Reduce -11.5% |
| MUSA Murphy USA Inc. | 3.96% | 67,774 | $33.4M | Reduce -8.1% |
| AWI Armstrong World Industries | 3.86% | 247,543 | $32.5M | Reduce -7.8% |
| NGVT Ingevity Corp. | 3.11% | 673,319 | $26.3M | Reduce -7.9% |
| SCL Stepan Co. | 2.83% | 309,447 | $23.9M | Add +11.0% |
| PII Polaris Inc. | 2.29% | 231,969 | $19.3M | Reduce -31.4% |
| THO Thor Industries Inc. | 2.16% | 165,953 | $18.2M | Reduce -35.7% |
| BR Broadridge Financial Solutio | 1.23% | 48,177 | $10.4M | Add +0.1% |
| WSO Watsco Inc. | 0.96% | 16,489 | $8.1M | Reduce -3.4% |
| GNRC Generac Holdings Inc. | 0.78% | 41,267 | $6.6M | New |
| VMI Valmont Industries | 0.72% | 20,946 | $6.1M | Add +10.3% |
| APG Api Group Corp. | 0.65% | 165,978 | $5.5M | New |
| FND Floor & Decor Holdings Inc. Class A | 0.55% | 37,566 | $4.7M | Add +66.5% |
| SEIC Sei Investments Company | 0.54% | 65,581 | $4.5M | Add +0.1% |
| TREX Trex Company Inc. | 0.45% | 57,343 | $3.8M | Add +18.4% |
| AEIS Advanced Energy Industries | 0.42% | 33,971 | $3.6M | New |
Portfolio Sells Q2 2024 → Q3 2024
| SAM Boston Beer Company Inc. Class A | Reduce -15.8% | 4.12% | −1.13 |
| DY Dycom Industries Inc. | Reduce -27.4% | 5.53% | −1.11 |
| PII Polaris Inc. | Reduce -31.4% | 2.29% | −0.91 |
| BOOT Boot Barn Holdings Inc. | Reduce -33.2% | 5.20% | −0.90 |
| THO Thor Industries Inc. | Reduce -35.7% | 2.16% | −0.75 |
| NGVT Ingevity Corp. | Reduce -7.9% | 3.11% | −0.74 |
| AGCO Agco Corp. | Reduce -8.0% | 4.48% | −0.47 |
| IEX Idex Corp. | Sold out | 0.00% | −0.45 |
| EPAC Enerpac Tool Group Corp. | Reduce -13.9% | 4.76% | −0.37 |
| MUSA Murphy USA Inc. | Reduce -8.1% | 3.96% | −0.21 |
| WSO Watsco Inc. | Reduce -3.4% | 0.96% | +0.01 |
| MGPI MGP Ingredients Inc. | Reduce -8.1% | 6.50% | +0.07 |
| TKR Timken Co. | Reduce -1.4% | 4.99% | +0.09 |
| AWI Armstrong World Industries | Reduce -7.8% | 3.86% | +0.19 |
| DORM Dorman Products Inc. | Reduce -11.5% | 4.04% | +0.28 |
| LOB Live Oak Bancshares Inc. | Reduce -12.0% | 4.06% | +0.58 |
| BDC Belden Inc. | Reduce -8.0% | 6.58% | +0.75 |
| LPX Louisiana-Pacific Corp. | Reduce -10.8% | 6.10% | +0.77 |
Portfolio Buys Q2 2024 → Q3 2024
| BCO The Brink's Co. | Add +10.9% | 7.10% | +1.33 |
| GNRC Generac Holdings Inc. | New | 0.78% | +0.78 |
| APG Api Group Corp. | New | 0.65% | +0.65 |
| DAR Darling Ingredients Inc. | Add +11.6% | 6.55% | +0.64 |
| AEIS Advanced Energy Industries | New | 0.42% | +0.42 |
| FND Floor & Decor Holdings Inc. Class A | Add +66.5% | 0.55% | +0.28 |
| VMI Valmont Industries | Add +10.3% | 0.72% | +0.09 |
| BR Broadridge Financial Solutio | Add +0.1% | 1.23% | +0.08 |
| SEIC Sei Investments Company | Add +0.1% | 0.54% | +0.03 |
| TREX Trex Company Inc. | Add +18.4% | 0.45% | +0.02 |
| SCL Stepan Co. | Add +11.0% | 2.83% | +0.01 |
| USPH U.S. Physical Therapy Inc. | Add +10.5% | 5.49% | −0.03 |
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 |