Institutional Manager · CIK 0001800261
AREX Capital Management, LP
New York, NY · File #028-20131
Latest AUM
$35.2M
Positions
9
Top-10 Concentration
100.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | NCR VOYIX CORPORATION | NCRRP | -251,536 | -$2.6M | -$876,307 |
| EXITED | DENTSPLY SIRONA INC | 24906P109 | -160,000 | -$2.0M | $0 |
| EXITED | THE ODP CORP | 88337F105 | -55,000 | -$1.5M | $0 |
| REDUCE | SKILLSOFT CORP | SKILW | -162,730 | -$1.5M | -$1.5M |
| REDUCE | TOPGOLF CALLAWAY BRANDS CORP | 131193104 | -76,263 | -$889,989 | +$1.1M |
| REDUCE | IAC INC | IAC | -22,000 | -$860,200 | +$344,555 |
| EXITED | CORE NATURAL RESOURCES INC | 218937100 | -8,500 | -$709,580 | $0 |
| EXITED | BROOKFIELD CORP | 11271J107 | -8,491 | -$582,313 | $0 |
| REDUCE | FTAI INFRASTRUCTURE INC | FIP | -85,000 | -$391,850 | +$33,750 |
| ADD | FOMENTO ECONOMICO MEXICANO S | 344419106 | +3,184 | +$321,807 | +$8,296 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20259 pos · $35.2M
- 13F HOLDINGS REPORTQ/E Sep 202512 pos · $43.4M
- 13F HOLDINGS REPORTQ/E Jun 202519 pos · $51.3M
- 13F HOLDINGS REPORTQ/E Mar 202513 pos · $49.2M
- 13F HOLDINGS REPORTQ/E Dec 202414 pos · $70.2M
- 13F HOLDINGS REPORTQ/E Sep 202413 pos · $82.3M
- 13F HOLDINGS REPORTQ/E Jun 202413 pos · $87.5M
- 13F HOLDINGS REPORTQ/E Mar 202410 pos · $89.3M
- 13F HOLDINGS REPORTQ/E Dec 202311 pos · $147.0M
Top 9 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ENHABIT INC | EHAB | 2,493,872 | $23.0M | 65.36% |
| 2 | TOPGOLF CALLAWAY BRANDS CORP | 131193104 | 453,000 | $5.3M | 15.03% |
| 3 | SKILLSOFT CORP | SKILW | 240,661 | $2.2M | 6.36% |
| 4 | IAC INC | IAC | 46,500 | $1.8M | 5.17% |
| 5 | NCR VOYIX CORPORATION | NCRRP | 121,364 | $1.2M | 3.52% |
| 6 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 6,584 | $665,445 | 1.89% |
| 7 | NEXTNAV INC | NXNVW | 25,000 | $416,000 | 1.18% |
| 8 | SPECTRUM BRANDS HLDGS INC NE | SPB | 5,000 | $295,400 | 0.84% |
| 9 | FTAI INFRASTRUCTURE INC | FIP | 50,000 | $230,500 | 0.66% |