SEC 13F Intelligence

Managers / Q3 2020 · view latest →

AREX Capital Management, LP

CIK 0001800261 · 10 EAST 53RD STREET, 11TH FLOOR, NEW YORK, NY, 10022 · 646-679-4000

Reported Value
$156M
Q3 2020
Positions
10
Filings on Record
26
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Arex Capital Management, LP reported $156M in U.S.-listed holdings across 10 positions for Q3 2020.

The portfolio is heavily concentrated: Iac Interactivecorp alone accounts for 38.8% of reported value.

Compared with Q2 2020, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+29.5%
vs prior filed quarter
Top-10 Concentration
+100.0%
share of reported value
Largest Position
+38.8%
Iac Interactivecorp
New / Exited
3 / 3
positions this quarter

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

13F Reported Value
Q4 ’19: $151MQ4 ’19Q1 ’20: $85MQ2 ’20: $99MQ3 ’20: $156MQ4 ’20: $156MQ4 ’20Q1 ’21: $170MQ2 ’21: $211MQ3 ’21: $214MQ4 ’21: $223MQ4 ’21Q1 ’22: $173MQ2 ’22: $163MQ3 ’22: $151MQ4 ’22: $166MQ4 ’22Q1 ’23: $137MQ2 ’23: $135MQ3 ’23: $147MQ4 ’23: $68MQ4 ’23Q1 ’24: $89MQ2 ’24: $88MQ3 ’24: $82MQ4 ’24: $70MQ4 ’24Q1 ’25: $49MQ2 ’25: $51MQ3 ’25: $43MQ4 ’25: $35MQ4 ’25Q1 ’26: $61Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 58.3%Other: 38.8%Tracking Stk: 2.9%
  • Common Stock · 58.3% · $91M
  • Other · 38.8% · $60M
  • Tracking Stk · 2.9% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IAC INTERACTIVECORP NEWNEW+504.2K504.2K+$60M$60M
LIBERTY MEDIA CORP DELNEW+135.0K135.0K+$4M$4M
XPOXPO LOGISTICS INCNEW+21.0K21.0K+$2M$2M
BCOBRINKS COADDED+102.5K115.0K+$4M$5M
IACIEURIAC INTERACTIVECORPSOLD OUT−274.7K0−$29M$0
AFIIQARMSTRONG FLOORING INCSOLD OUT−840.0K0−$3M$0
XPERI HOLDING CORPSOLD OUT−10.0K0−$148,000$0
SPBSPECTRUM BRANDS HLDGS INC NEADDED+199.5K594.6K+$16M$34M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2020

10 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IAC INTERACTIVECORP NEWCOM38.79%$60M504.2K
2SPBSPECTRUM BRANDS HLDGS INC NEhistory →COM21.83%$34M594.6K
3FRGIUSDFIESTA RESTAURANT GROUP INChistory →COM15.08%$23M2.51M
4APGAPI GROUP CORPhistory →COM STK4.84%$8M530.0K
52XYSCIPLAY CORPhistory →CL A4.77%$7M458.1K
6ZAGGEURZAGG INChistory →COM4.10%$6M2.28M
7CSVCARRIAGE SVCS INChistory →COM3.55%$6M247.5K
8BCOBRINKS COhistory →COM3.03%$5M115.0K
9LIBERTY MEDIA CORP DELCOM C SIRIUSXM2.87%$4M135.0K
10XPOXPO LOGISTICS INChistory →COM1.14%$2M21.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$61M26May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$35M9Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$43M12Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$51M19Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$49M13May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$70M14Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$82M13Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$88M13Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$89M10May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$68M11Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$147M11Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$135M11Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$137M15May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$166M17Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$151M17Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$163M14Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$173M16May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$223M19Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$214M17Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$211M16Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$170M14May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$156M9Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$156M10Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$99M10Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$85M7May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$151M11Feb 14, 202013F-HRchanges · 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 ↗.