Institutional Manager · CIK 0001997245
Birnam Oak Advisors, LP
New York, NY · File #028-24874
Latest AUM
$446.5M
Positions
51
Top-10 Concentration
48.8%
Filings
5
Portfolio Value Over Time
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 |
|---|---|---|---|---|---|
| EXITED | INTERPUBLIC GROUP COS INC | 460690100 | -737,323 | -$20.6M | $0 |
| EXITED | VERONA PHARMA PLC | 925050106 | -178,378 | -$19.0M | $0 |
| NEW | COMERICA INC | 200340107 | +203,017 | +$17.6M | $0 |
| NEW | AES CORP | AES | +866,436 | +$12.4M | $0 |
| NEW | ELECTRONIC ARTS INC | EA | +54,456 | +$11.1M | $0 |
| REDUCE | CHART INDS INC | 16115Q308 | -51,574 | -$10.6M | +$519,202 |
| EXITED | ARK ETF TR | 00214Q104 | -111,700 | -$9.6M | $0 |
| ADD | ECHOSTAR CORP | SATS | +87,029 | +$9.5M | +$970,200 |
| NEW | DAYFORCE INC | 15677J108 | +125,721 | +$8.7M | $0 |
| EXITED | KELLANOVA | 487836108 | -103,670 | -$8.5M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202551 pos · $446.5M
- 13F HOLDINGS REPORTQ/E Sep 202549 pos · $435.4M
- 13F HOLDINGS REPORTQ/E Jun 202536 pos · $338.5M
- 13F HOLDINGS REPORTQ/E Mar 202541 pos · $552.4M
- 13F HOLDINGS REPORTQ/E Dec 202437 pos · $206.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464288257 | 276,800 | $39.2M | 8.78% |
| 2 | CYBERARK SOFTWARE LTD | M2682V108 | 65,806 | $29.4M | 6.58% |
| 3 | FRONTIER COMMUNICATIONS PARE | 35909D109 | 609,496 | $23.2M | 5.20% |
| 4 | NORFOLK SOUTHN CORP | 655844108 | 79,944 | $23.1M | 5.17% |
| 5 | ELECTRONIC ARTS INC | EA | 96,516 | $19.7M | 4.42% |
| 6 | CHART INDS INC | 16115Q308 | 86,462 | $17.8M | 4.00% |
| 7 | COMERICA INC | 200340107 | 203,017 | $17.6M | 3.95% |
| 8 | DAYFORCE INC | 15677J108 | 234,166 | $16.2M | 3.63% |
| 9 | CYBERARK SOFTWARE LTD | M2682V108 | 35,775 | $16.0M | 3.58% |
| 10 | FRONTIER COMMUNICATIONS PARE | 35909D109 | 405,972 | $15.5M | 3.46% |
| 11 | VANGUARD INDEX FDS | 922908736 | 27,100 | $13.2M | 2.96% |
| 12 | TXNM ENERGY INC | TXNM | 217,317 | $12.8M | 2.87% |
| 13 | ECHOSTAR CORP | SATS | 117,029 | $12.7M | 2.85% |
| 14 | AES CORP | AES | 866,436 | $12.4M | 2.78% |
| 15 | NORFOLK SOUTHN CORP | 655844108 | 42,598 | $12.3M | 2.76% |
| 16 | COMERICA INC | 200340107 | 130,631 | $11.4M | 2.54% |
| 17 | EXACT SCIENCES CORP | 30063P105 | 109,760 | $11.1M | 2.50% |
| 18 | ELECTRONIC ARTS INC | EA | 54,456 | $11.1M | 2.49% |
| 19 | TXNM ENERGY INC | TXNM | 162,534 | $9.6M | 2.14% |
| 20 | DAYFORCE INC | 15677J108 | 125,721 | $8.7M | 1.95% |