Forest Avenue Capital Management LP

MIAMI, FL · CIK 1944889 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2022 · limited partnership

Assets managed$2.4bn
Staff11 · 5 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $2.3bn gross assets
Form ADV · 2026-09-29SEC adviser record

Legal entityForest Avenue Capital Management LP (US)

Kindhedge funds, futures
Others nearbyMiami, FL, New York, NY

As an employer

Offices in1 country
Private fundshedge 1

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Miami, FL (main office)United States	United States	about 4
New York, NYUnited States	United States	1

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$2.4bn reported value +50.5% vs Q1 2026

24positions

62.1%in top 10

7 new 8 added 9 reduced 8 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VISTRA CORP COM VST	VST	1,534,281	$243.4m10.22%	10.22%	Added +237.0k	+236,956 18.3%
2	VIKING HOLDINGS LTD ORD SHS VIK	VIK	1,582,676	$165.7m6.96%	6.96%	Reduced -454.5k	-454,539 -22.3%
3	MADISON AIR SOLUTIONS CORP COM SHS CL A MAIR	MAIR	4,061,688	$158.4m6.65%	6.65%	New
4	DPC HOLDINGS PLC ORDINARY SHARES DPC	DPC	2,929,831	$143.7m6.04%	6.04%	New
5	WOODWARD INC COM WWD	WWD	332,039	$141.3m5.93%	5.93%	Added +110.0k	+109,966 49.5%
6	EVERUS CONSTR GROUP COM ECG	ECG	826,510	$137.2m5.76%	5.76%	Added +111.2k	+111,225 15.6%
7	LEGENCE CORP CL A LGN	LGN	1,546,512	$131.8m5.54%	5.54%	New
8	NORWEGIAN CRUISE LINE HLDG L SHS NCLH	NCLH	6,153,171	$129.9m5.46%	5.46%	Added +4.2m	+4,179,939 211.8%
9	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	257,965	$123.2m5.17%	5.17%	New
10	MASTEC INC COM MTZ	MTZ	248,627	$103.4m4.34%	4.34%	Reduced -21.2k	-21,224 -7.9%
11	REGAL REXNORD CORPORATION COM RRX	RRX	427,925	$101.9m4.28%	4.28%	Added +188.7k	+188,708 78.9%
12	SOMNIGROUP INTERNATIONAL INC COM SGI	SGI	1,296,142	$101.6m4.27%	4.27%	Added +284.0k	+283,961 28.1%
13	CARPENTER TECHNOLOGY CORP COM CRS	CRS	164,219	$101.3m4.25%	4.25%	Reduced -210.8k	-210,793 -56.2%
14	CORE & MAIN INC CL A CNM	CNM	1,793,541	$86.5m3.63%	3.63%	Reduced -14.5k	-14,514 -0.8%
15	TERAWULF INC COM WULF	WULF	3,423,682	$84.6m3.55%	3.55%	Added +1.5m	+1,452,698 73.7%
16	QXO INC COM NEW QXO	QXO	4,585,678	$79.2m3.33%	3.33%	Reduced -37.1k	-37,105 -0.8%
17	ASTERA LABS INC COM ALAB	ALAB	149,320	$72.1m3.03%	3.03%	New
18	DELEK US HLDGS INC NEW COM DK	DK	1,188,057	$60.4m2.54%	2.54%	Added +534.2k	+534,227 81.7%
19	NVIDIA CORPORATION COM NVDA	NVDA	294,300	$58.9m2.47%	2.47%	New
20	PAR PAC HOLDINGS INC COM NEW PARR	PARR	887,546	$49.8m2.09%	2.09%	Reduced -529.5k	-529,533 -37.4%
21	LEGGETT & PLATT INC COM LEG	LEG	3,672,672	$43.0m1.81%	1.81%	Reduced -29.7k	-29,717 -0.8%
22	PEABODY ENERGY CORP COM BTU	BTU	1,633,147	$37.8m1.59%	1.59%	Reduced -13.2k	-13,215 -0.8%
23	BRUKER CORP COM BRKR	BRKR	422,000	$25.4m1.07%	1.07%	New
24	NOVONIX LIMITED SPONSORED ADS SPONSORED ADS		1,189,771	$547.3k0.02%	0.02%	Reduced -9.6k	-9,627 -0.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
CHENIERE ENERGY INC LNG	LNG	172,200	$48.9m172.2k shares
ARGAN INC AGX	AGX	74,456	$40.6m74.5k shares
CONSTELLATION ENERGY CORP CEG	CEG	133,666	$37.3m133.7k shares
VENTURE GLOBAL INC VG	VG	2,034,886	$32.1m2.0m shares
ANTERO RESOURCES CORP AR	AR	748,300	$31.8m748.3k shares
HUNTINGTON INGALLS INDS INC HII	HII	82,809	$31.5m82.8k shares
WARRIOR MET COAL INC HCC	HCC	285,838	$26.6m285.8k shares
CORE NATURAL RESOURCES INC CNR	CNR	151,500	$15.9m151.5k shares