AREX Capital Management, LP

CIK

1800261

Location

NEW YORK, NY

Portfolio Value

Micro $60,033,025

Diversification

Highly concentrated

Filing Date

Global Rank

#6,612 / 8,622 ▲ 754 · as of Mar 2026

Top Industry

Medical Care Facilities 58.5%

3Y Alpha vs SPY

-15.4%

Period ended 4 months ago

Filed May 15, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+14.1%

SPY

+67.9%

Annualised alpha

-14.4%

Max drawdown

−33.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

25 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

58.5%

−6.8 pts

Top 5

88.0%

−7.4 pts

Top 10

93.6%

−6.4 pts

HHI

3,784

Highly concentrated−799

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	59.3%	$35,625,943	2
Communication Services	16.7%	$10,007,500	1
Financial Services	9.5%	$5,689,833	9
Consumer Cyclical	6.0%	$3,591,676	3
Technology	4.0%	$2,403,261	5
Consumer Defensive	1.5%	$914,460	1
Industrials	1.4%	$831,250	2
Utilities	0.9%	$524,000	1
Energy	0.7%	$445,102	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
PPLI	People Inc	+203,500	250,000	$10,007,500
VYX	NCR Voyix Corp	+37,500	158,864	$1,005,609
FIP	FTAI Infrastructure Inc.	+25,000	75,000	$370,500
EHAB	Enhabit, Inc.	+283	2,494,155	$35,142,643
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
CALY	Callaway Golf Co	−274,300	178,700	$2,480,356
SKIL	Skillsoft Corp.	−27,500	213,161	$914,460
NN	Nextnav Inc.	−19,500	5,500	$88,110
No positions match the current search.

New Positions

Positions the filer opened this quarter

18 positions

Ticker	Company	Shares	Value
GNW	Genworth Financial Inc	515,616	$4,186,801
XPOF	Xponential Fitness, Inc.	150,000	$903,000
RIOT	Riot Platforms, Inc.	42,500	$525,300
TAC	Transalta Corp	40,000	$524,000
PRGO	PERRIGO Co plc	45,000	$483,300
KBR	Kbr, Inc.	12,500	$460,750
WEX	WEX Inc.	3,000	$459,120
AAPL	Apple Inc.	1,800	$456,822
CNR	Core Natural Resources, Inc.	4,250	$445,102
KD	Kyndryl Holdings, Inc.	30,000	$393,600
APTV	Aptiv PLC	3,000	$208,320
ARCC	Ares Capital Corp	9,500	$171,190
PSEC	Prospect Capital Corp	65,000	$169,650
BXSL	Blackstone Secured Lending Fund	7,000	$165,830
OCSL	Oaktree Specialty Lending Corp	12,500	$141,250
MSDL	Morgan Stanley Direct Lending Fund	9,500	$132,620
HTGC	Hercules Capital, Inc.	8,000	$118,160
GSBD	Goldman Sachs BDC, Inc.	8,900	$79,032
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
FMX	Mexican Economic Development Inc	6,584	$665,444
SPB	Spectrum Brands Holdings, Inc.	5,000	$295,400
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

25 tracked positions · $60,033,025 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
EHAB	Enhabit, Inc. Healthcare	Added	2,494,155	+283	$35,142,643	+52.8%	58.54%
PPLI	People Inc Communication Services	Added	250,000	+203,500	$10,007,500	+450.4%	16.67%
GNW	Genworth Financial Inc Financial Services	NEW	515,616	NEW	$4,186,801	NEW	6.97%
CALY	Callaway Golf Co Consumer Cyclical	Reduced	178,700	-274,300	$2,480,356	−53.1%	4.13%
VYX	NCR Voyix Corp Technology	Added	158,864	+37,500	$1,005,609	−18.8%	1.68%
SKIL	Skillsoft Corp. Consumer Defensive	Reduced	213,161	-27,500	$914,460	−59.1%	1.52%
XPOF	Xponential Fitness, Inc. Consumer Cyclical	NEW	150,000	NEW	$903,000	NEW	1.50%
RIOT	Riot Platforms, Inc. Financial Services	NEW	42,500	NEW	$525,300	NEW	0.88%
TAC	Transalta Corp Utilities	NEW	40,000	NEW	$524,000	NEW	0.87%
PRGO	PERRIGO Co plc Healthcare	NEW	45,000	NEW	$483,300	NEW	0.81%
KBR	Kbr, Inc. Industrials	NEW	12,500	NEW	$460,750	NEW	0.77%
WEX	WEX Inc. Technology	NEW	3,000	NEW	$459,120	NEW	0.76%
AAPL	Apple Inc. Technology	NEW	1,800	NEW	$456,822	NEW	0.76%
CNR	Core Natural Resources, Inc. Energy	NEW	4,250	NEW	$445,102	NEW	0.74%
KD	Kyndryl Holdings, Inc. Technology	NEW	30,000	NEW	$393,600	NEW	0.66%
FIP	FTAI Infrastructure Inc. Industrials	Added	75,000	+25,000	$370,500	+60.7%	0.62%
APTV	Aptiv PLC Consumer Cyclical	NEW	3,000	NEW	$208,320	NEW	0.35%
ARCC	Ares Capital Corp Financial Services	NEW	9,500	NEW	$171,190	NEW	0.29%
PSEC	Prospect Capital Corp Financial Services	NEW	65,000	NEW	$169,650	NEW	0.28%
BXSL	Blackstone Secured Lending Fund Financial Services	NEW	7,000	NEW	$165,830	NEW	0.28%
OCSL	Oaktree Specialty Lending Corp Financial Services	NEW	12,500	NEW	$141,250	NEW	0.24%
MSDL	Morgan Stanley Direct Lending Fund Financial Services	NEW	9,500	NEW	$132,620	NEW	0.22%
HTGC	Hercules Capital, Inc. Financial Services	NEW	8,000	NEW	$118,160	NEW	0.20%
NN	Nextnav Inc. Technology	Reduced	5,500	-19,500	$88,110	−78.8%	0.15%
GSBD	Goldman Sachs BDC, Inc. Financial Services	NEW	8,900	NEW	$79,032	NEW	0.13%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.