SEC 13F Intelligence

Managers / Q1 2024 · view latest →

AREX Capital Management, LP

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

Reported Value
$89M
Q1 2024
Positions
10
Filings on Record
26
2019–present window
Filed
May 15, 2024
original filing

Summary

Arex Capital Management, LP reported $89M in U.S.-listed holdings across 10 positions for Q1 2024.

The portfolio is heavily concentrated: EHABUSD alone accounts for 31.5% of reported value.

Compared with Q4 2023, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+7.7%
vs prior filed quarter
Top-10 Concentration
+100.0%
share of reported value
Largest Position
+31.5%
Enhabit

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: 100.0%
  • Common Stock · 100.0% · $89M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OFIXORTHOFIX MED INCADDED+168.6K220.0K+$3M$3M
CNNECANNAE HLDGS INCADDED+615.8K828.3K+$14M$18M
SKILSKILLSOFT CORPADDED+65.0K95.9K+$319,887$863,091
WEXWEX INCSOLD OUT18.8K0$4M$0
NATLNCR ATLEOS CORPORATIONADDED+210.0K420.0K+$3M$8M
CALYTOPGOLF CALLAWAY BRANDS CORPADDED+68.7K147.9K+$1M$2M
VYXNCR VOYIX CORPORATIONADDED+137.5K440.4K+$440,213$6M
SPBSPECTRUM BRANDS HLDGS INC NETRIMMED20.0K60.0K$1M$5M

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

Holdings — Q1 2024

10 positions
#IssuerClass% PortfolioValueShares
1EHABUSDENHABIT INChistory →COM31.49%$28M2.41M
2CNNECANNAE HLDGS INChistory →COM20.63%$18M828.3K
3ODP1THE ODP CORPhistory →COM11.32%$10M190.5K
4NATLNCR ATLEOS CORPORATIONhistory →COM SHS9.29%$8M420.0K
5K6BKBR INChistory →COM7.84%$7M110.0K
6VYXNCR VOYIX CORPORATIONhistory →COM6.23%$6M440.4K
7SPBSPECTRUM BRANDS HLDGS INC NEhistory →COM5.98%$5M60.0K
8OFIXORTHOFIX MED INChistory →COM3.58%$3M220.0K
9CALYTOPGOLF CALLAWAY BRANDS CORPhistory →COM2.68%$2M147.9K
10SKILSKILLSOFT CORPCL A0.97%$863,09195.9K

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 ↗.