AREX Capital Management, LP

CIK

1800261

Location

NEW YORK, NY

Portfolio Value

Micro $60,033,025

Diversification

Highly concentrated

Filing Date

Global Rank

#6,605 / 8,605 ▲ 756 · as of Mar 2026

Top Industry

Medical Care Facilities 58.5%

3Y Alpha vs SPY

-14.7%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+18.2%

SPY

+76.5%

Annualised alpha

-15.1%

Max drawdown

−33.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

25 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 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%