Forest Avenue Capital Management LP
Forest Avenue Capital Management LP is a Miami, Florida-based SEC-registered investment adviser founded in 2022. The firm manages public equity investments and serves institutional and high-net-worth clients. The company is relatively new in the investment management industry and currently operates with a small professional team.
Investment Strategy
Forest Avenue Capital Management LP focuses on equity investments, managing a concentrated portfolio of 17 holdings as of mid-2025. The firm targets value and growth opportunities within public markets, with an emphasis on fundamental research and long-term capital appreciation. Major recorded holdings include companies such as Viking Holdings Ltd, Vistra Corp (VST), Carpenter Technology Corp (CRS), and XPO, indicating a diversified sector approach.
Top Holdings
Equity Positions (16)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VIK | VIKING HOLDINGS LTD | 15.80% | $202.6M | 3,801,316 | $45.78 | $53.29 | +$145.4M |
V VST | VISTRA CORP | 11.12% | $142.6M | 735,556 | $109.67 | $193.81 | +$72.9M |
C CRS | CARPENTER TECHNOLOGY CORP | 10.32% | $132.3M | 478,824 | $171.94 | $276.38 | +$33.0M |
X XPO | XPO INC | 7.23% | $92.7M | 734,221 | $111.57 | $126.29 | +$42.1M |
C CNM | CORE & MAIN INC | 7.08% | $90.7M | 1,503,002 | $49.21 | $60.35 | +$24.4M |