SEC 13F Intelligence

Managers / Q3 2024 · view latest →

AREX Capital Management, LP

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

Reported Value
$82M
Q3 2024
Positions
13
Filings on Record
26
2019–present window
Filed
Nov 14, 2024
original filing

Summary

Arex Capital Management, LP reported $82M in U.S.-listed holdings across 13 positions for Q3 2024.

The portfolio is heavily concentrated: CNNE alone accounts for 28.2% of reported value.

Compared with Q2 2024, the fund opened 4 new positions and exited 4.

Portfolio Metrics

Turnover
+10.3%
vs prior filed quarter
Top-10 Concentration
+98.8%
share of reported value
Largest Position
+28.2%
Cannae
New / Exited
4 / 4
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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% · $82M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MITKMITEK SYS INCNEW+175.0K175.0K+$2M$2M
BNBROOKFIELD CORPNEW+8.9K8.9K+$470,909$470,909
LBRDKLIBERTY BROADBAND CORPNEW+3.6K3.6K+$279,790$279,790
0J7QIAC INCNEW+5.0K5.0K+$266,947$266,947
SKILSKILLSOFT CORPADDED+111.4K195.1K+$2M$3M
CALYTOPGOLF CALLAWAY BRANDS CORPADDED+555.5K1.04M+$4M$11M
SPBSPECTRUM BRANDS HLDGS INC NESOLD OUT−28.5K0−$2M$0
FTREFORTREA HLDGS INCSOLD OUT−22.5K0−$525,150$0

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

Holdings — Q3 2024

13 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CNNECANNAE HLDGS INChistory →COM28.22%$23M1.22M
2EHABUSDENHABIT INChistory →COM23.45%$19M2.44M
3CALYTOPGOLF CALLAWAY BRANDS CORPhistory →COM13.85%$11M1.04M
4K6BKBR INChistory →COM7.92%$7M100.0K
5VYXNCR VOYIX CORPORATIONhistory →COM6.52%$5M395.5K
6ODP1THE ODP CORPhistory →COM5.38%$4M148.8K
7NATLNCR ATLEOS CORPORATIONhistory →COM SHS4.59%$4M132.5K
8SKILSKILLSOFT CORPhistory →CL A3.68%$3M195.1K
9OFIXORTHOFIX MED INChistory →COM3.31%$3M174.5K
10MITKMITEK SYS INChistory →COM NEW1.84%$2M175.0K
11BNBROOKFIELD CORPCL A LTD VT SH0.57%$470,9098.9K
12LBRDKLIBERTY BROADBAND CORPCOM SER C0.34%$279,7903.6K
130J7QIAC INCCOM NEW0.32%$266,9475.0K

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 ↗.