Southernsun Asset Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Southernsun Asset Management, LLC reported 31 stock positions worth $689.9 million. Its top holding was Darling Ingredients (DAR) at 7.0% of the portfolio, followed by Murphy USA (MUSA, 6.1%) and Boot Barn (BOOT, 5.8%). Compared with Q4 2025, it sold out of 1, added to 15 and reduced 16. The biggest buy was Boot Barn (BOOT, shares +41%) and the biggest sale Brink's (BCO, shares −24%).
- Most Recent 13F
- Q2 2026
- Location
- Memphis, TN
- CIK
- 0001089755
- Portfolio Value
- $689.9M (Q1 2026)
- SEC Filing
- 0001213900-26-055668 ↗ filed May 13, 2026
Holdings Value
Holdings 31 stocks · $689.9M
| DAR Darling Ingredients Inc. | 6.99% | 780,110 | $48.2M | Reduce -31.3% |
| MUSA Murphy USA Inc. | 6.07% | 84,797 | $41.9M | Reduce -8.2% |
| BOOT Boot Barn Holdings Inc. | 5.78% | 272,348 | $39.9M | Add +41.0% |
| LPX Louisiana-Pacific Corp. | 5.12% | 485,869 | $35.3M | Add +6.3% |
| EXTR Extreme Networks Inc. | 5.02% | 2,297,933 | $34.7M | Add +16.6% |
| LOB Live Oak Bancshares Inc. | 4.95% | 1,033,539 | $34.2M | Add +0.4% |
| USPH U.S. Physical Therapy Inc. | 4.78% | 439,904 | $33.0M | Reduce -8.3% |
| BCO The Brink's Co. | 4.76% | 316,643 | $32.8M | Reduce -23.9% |
| CXT Crane NXT Co. | 4.61% | 783,808 | $31.8M | Add +17.3% |
| BDC Belden Inc. | 4.30% | 258,377 | $29.7M | Reduce -8.0% |
| AGCO Agco Corp. | 4.15% | 247,276 | $28.7M | Reduce -8.4% |
| MSA Msa Safety Inc. | 4.05% | 170,520 | $28.0M | Reduce -8.2% |
| AWI Armstrong World Industries | 4.02% | 168,278 | $27.7M | Add +0.9% |
| DORM Dorman Products Inc. | 3.73% | 246,521 | $25.7M | Add +29.4% |
| EPAC Enerpac Tool Group Corp. | 3.51% | 664,874 | $24.2M | Add +10.7% |
| MOD Modine Manufacturing Co. | 3.46% | 110,286 | $23.9M | Reduce -55.6% |
| CSW CSW Industrials Inc. | 3.34% | 88,336 | $23.0M | Add +32.3% |
| SCL Stepan Co. | 2.74% | 378,799 | $18.9M | Reduce -7.1% |
| NGVT Ingevity Corp. | 2.59% | 251,051 | $17.9M | Reduce -8.0% |
| SAM Boston Beer Company Inc. Class A | 2.50% | 74,816 | $17.2M | Reduce -0.9% |
| AEIS Advanced Energy Industries | 2.20% | 47,108 | $15.2M | Reduce -61.8% |
| KAI Kadant Inc. | 1.82% | 43,018 | $12.6M | Reduce -4.5% |
| THO Thor Industries Inc. | 1.52% | 131,107 | $10.5M | Reduce -8.0% |
| APG Api Group Corp. | 1.50% | 255,298 | $10.3M | Add +1.0% |
| GNRC Generac Holdings Inc. | 1.38% | 48,743 | $9.5M | Reduce -12.5% |
| BR Broadridge Financial Solutio | 1.07% | 45,254 | $7.4M | Add +1.0% |
| WSO Watsco Inc. | 0.98% | 18,646 | $6.8M | Add +1.0% |
| VMI Valmont Industries | 0.96% | 16,597 | $6.6M | Reduce -17.9% |
| SEIC Sei Investments Company | 0.77% | 67,403 | $5.3M | Add +1.4% |
| OSK Oshkosh Corp. | 0.66% | 30,980 | $4.6M | Add +53.7% |
| FND Floor & Decor Holdings Inc. Class A | 0.64% | 87,374 | $4.4M | Add +15.7% |
Portfolio Sells Q4 2025 → Q1 2026
| BCO The Brink's Co. | Reduce -23.9% | 4.76% | −2.02 |
| AEIS Advanced Energy Industries | Reduce -61.8% | 2.20% | −1.40 |
| MOD Modine Manufacturing Co. | Reduce -55.6% | 3.46% | −1.17 |
| THO Thor Industries Inc. | Reduce -8.0% | 1.52% | −0.52 |
| USPH U.S. Physical Therapy Inc. | Reduce -8.3% | 4.78% | −0.45 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.30 |
| BDC Belden Inc. | Reduce -8.0% | 4.30% | −0.27 |
| VMI Valmont Industries | Reduce -17.9% | 0.96% | −0.17 |
| MSA Msa Safety Inc. | Reduce -8.2% | 4.05% | −0.10 |
| KAI Kadant Inc. | Reduce -4.5% | 1.82% | +0.03 |
| SCL Stepan Co. | Reduce -7.1% | 2.74% | +0.05 |
| AGCO Agco Corp. | Reduce -8.4% | 4.15% | +0.22 |
| GNRC Generac Holdings Inc. | Reduce -12.5% | 1.38% | +0.32 |
| NGVT Ingevity Corp. | Reduce -8.0% | 2.59% | +0.34 |
| SAM Boston Beer Company Inc. Class A | Reduce -0.9% | 2.50% | +0.44 |
| MUSA Murphy USA Inc. | Reduce -8.2% | 6.07% | +0.87 |
| DAR Darling Ingredients Inc. | Reduce -31.3% | 6.99% | +1.29 |
Portfolio Buys Q4 2025 → Q1 2026
| BOOT Boot Barn Holdings Inc. | Add +41.0% | 5.78% | +1.02 |
| CSW CSW Industrials Inc. | Add +32.3% | 3.34% | +0.60 |
| DORM Dorman Products Inc. | Add +29.4% | 3.73% | +0.45 |
| EXTR Extreme Networks Inc. | Add +16.6% | 5.02% | +0.44 |
| EPAC Enerpac Tool Group Corp. | Add +10.7% | 3.51% | +0.31 |
| OSK Oshkosh Corp. | Add +53.7% | 0.66% | +0.31 |
| CXT Crane NXT Co. | Add +17.3% | 4.61% | +0.22 |
| APG Api Group Corp. | Add +1.0% | 1.50% | +0.15 |
| WSO Watsco Inc. | Add +1.0% | 0.98% | +0.12 |
| LOB Live Oak Bancshares Inc. | Add +0.4% | 4.95% | +0.02 |
| SEIC Sei Investments Company | Add +1.4% | 0.77% | +0.01 |
| FND Floor & Decor Holdings Inc. Class A | Add +15.7% | 0.64% | +0.00 |
| LPX Louisiana-Pacific Corp. | Add +6.3% | 5.12% | −0.03 |
| BR Broadridge Financial Solutio | Add +1.0% | 1.07% | −0.33 |
| AWI Armstrong World Industries | Add +0.9% | 4.02% | −0.43 |
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 |