Managers / Q2 2020 · view latest →
AREX Capital Management, LP
CIK 0001800261 · 10 EAST 53RD STREET, 11TH FLOOR, NEW YORK, NY, 10022 · 646-679-4000
Summary
Arex Capital Management, LP reported $99M in U.S.-listed holdings across 10 positions for Q2 2020.
The portfolio is heavily concentrated: IACIEUR alone accounts for 29.6% of reported value.
Compared with Q1 2020, the fund opened 3 new positions and exited 0.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 99.9% · $99M
- Other · 0.1% · $148,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| APGAPI GROUP CORP | NEW | +926.4K | 926.4K | +$11M | $11M |
| BCOBRINKS CO | NEW | +12.5K | 12.5K | +$567,000 | $567,000 |
| XPERI HOLDING CORP | NEW | +10.0K | 10.0K | +$148,000 | $148,000 |
| SPBSPECTRUM BRANDS HLDGS INC NE | ADDED | +145.1K | 395.1K | +$9M | $18M |
| 2XYSCIPLAY CORP | TRIMMED | −412.5K | 487.5K | −$1M | $7M |
| IACIEURIAC INTERACTIVECORP | ADDED | +38.1K | 274.7K | −$13M | $29M |
| AFIIQARMSTRONG FLOORING INC | TRIMMED | −139.6K | 840.0K | +$1M | $3M |
| CSVCARRIAGE SVCS INC | TRIMMED | −50.6K | 367.5K | −$93,000 | $7M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IACIEURIAC INTERACTIVECORPhistory → | COM | 29.62% | $29M | 274.7K |
| 2 | SPBSPECTRUM BRANDS HLDGS INC NEhistory → | COM | 18.33% | $18M | 395.1K |
| 3 | FRGIUSDFIESTA RESTAURANT GROUP INChistory → | COM | 16.15% | $16M | 2.51M |
| 4 | APGAPI GROUP CORPhistory → | COM STK | 11.37% | $11M | 926.4K |
| 5 | 2XYSCIPLAY CORPhistory → | CL A | 7.31% | $7M | 487.5K |
| 6 | ZAGGEURZAGG INChistory → | COM | 7.23% | $7M | 2.28M |
| 7 | CSVCARRIAGE SVCS INChistory → | COM | 6.73% | $7M | 367.5K |
| 8 | AFIIQARMSTRONG FLOORING INChistory → | COM | 2.54% | $3M | 840.0K |
| 9 | BCOBRINKS CO | COM | 0.57% | $567,000 | 12.5K |
| 10 | XPERI HOLDING CORP | COM | 0.15% | $148,000 | 10.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $61M | 26 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $35M | 9 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $43M | 12 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $51M | 19 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $49M | 13 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $70M | 14 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $82M | 13 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $88M | 13 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $89M | 10 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $68M | 11 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $147M | 11 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $135M | 11 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $137M | 15 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $166M | 17 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $151M | 17 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $163M | 14 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $173M | 16 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $223M | 19 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $214M | 17 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $211M | 16 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $170M | 14 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $156M | 9 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $156M | 10 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $99M | 10 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $85M | 7 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $151M | 11 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.