Atlas FRM LLC

CIK

1879898

Location

GREENWICH, CT

Portfolio Value

Mid $1,523,199,570

Diversification

Diversified

Filing Date

Global Rank

#1,390 / 8,623 ▲ 402 · as of Mar 2026

Top Industry

Packaging & Containers 41.4%

3Y Alpha vs SPY

-12.1%

Period ended 4 months ago

Filed May 14, 2026 · 3mo

18 quarters · since Dec 2021

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

+21.1%

SPY

+67.9%

Annualised alpha

-12.3%

Max drawdown

−44.1%

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

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

Top Position

21.4%

−8.3 pts

Top 5

74.8%

−17.5 pts

Top 10

90.6%

−8.2 pts

HHI

1,331

Diversified−636

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	48.5%	$739,499,129	8
Basic Materials	30.8%	$469,268,345	5
Industrials	6.8%	$104,238,546	3
Financial Services	5.7%	$87,561,000	2
Consumer Defensive	4.2%	$63,986,250	1
Healthcare	2.9%	$44,107,000	1
Real Estate	1.0%	$14,539,300	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
IP	International Paper Co /New/	+2,590,000	7,590,000	$270,963,000
SUZ	Suzano S.A.	+1,800,000	19,120,000	$191,391,200
EZPW	Ezcorp Inc	+1,125,000	1,450,000	$36,801,000
SLGN	Silgan Holdings Inc	+700,000	870,000	$33,756,000
FND	Floor & Decor Holdings, Inc.	+603,000	894,000	$45,415,200
PKG	Packaging Corp Of America	+542,500	1,532,500	$325,227,149
FCFS	FirstCash Holdings, Inc.	+220,000	270,000	$50,760,000
No positions match the current search.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
FBIN	Fortune Brands Innovations, Inc.	2,175,000	$84,759,750
HRL	Hormel Foods Corp /De/	2,825,000	$63,986,250
ATR	Aptargroup, Inc.	350,000	$44,107,000
LGIH	LGI Homes, Inc.	640,000	$25,299,200
GBX	Greenbrier Companies Inc	249,561	$13,139,386
MBC	MasterBrand, Inc.	1,300,000	$10,803,000
RYN	Rayonier Inc	480,000	$9,897,600
BLDR	Builders FirstSource, Inc.	77,000	$6,339,410
WY	Weyerhaeuser Co	190,000	$4,641,700
WFG	West Fraser Timber Co., Ltd	56,000	$3,656,240
BCC	BOISE CASCADE Co	41,000	$3,109,850
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
SEE	SEALED AIR CORP/DE	1,880,500	$77,909,114
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

22 tracked positions · $1,523,199,570 total · filing declares 41 positions · $1,527,298,574 · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PKG	Packaging Corp Of America Consumer Cyclical	Added	1,532,500	+542,500	$325,227,149	+59.3%	21.35%
IP	International Paper Co /New/ Consumer Cyclical	Added	7,590,000	+2,590,000	$270,963,000	+37.6%	17.79%
SLVM	Sylvamo Corp Basic Materials	Held	6,312,454	0	$266,638,056	−12.3%	17.51%
SUZ	Suzano S.A. Basic Materials	Added	19,120,000	+1,800,000	$191,391,200	+18.3%	12.57%
FBIN	Fortune Brands Innovations, Inc. Industrials	NEW	2,175,000	NEW	$84,759,750	NEW	5.56%
HRL	Hormel Foods Corp /De/ Consumer Defensive	NEW	2,825,000	NEW	$63,986,250	NEW	4.20%
FCFS	FirstCash Holdings, Inc. Financial Services	Added	270,000	+220,000	$50,760,000	+537.0%	3.33%
FND	Floor & Decor Holdings, Inc. Consumer Cyclical	Added	894,000	+603,000	$45,415,200	+156.3%	2.98%
ATR	Aptargroup, Inc. Healthcare	NEW	350,000	NEW	$44,107,000	NEW	2.90%
EZPW	Ezcorp Inc Financial Services	Added	1,450,000	+1,125,000	$36,801,000	+483.1%	2.42%
SLGN	Silgan Holdings Inc Consumer Cyclical	Added	870,000	+700,000	$33,756,000	+391.9%	2.22%
LGIH	LGI Homes, Inc. Consumer Cyclical	NEW	640,000	NEW	$25,299,200	NEW	1.66%
MHK	Mohawk Industries Inc Consumer Cyclical	Held	165,000	0	$16,245,900	−9.9%	1.07%
GBX	Greenbrier Companies Inc Industrials	NEW	249,561	NEW	$13,139,386	NEW	0.86%
AMWD	American Woodmark Corp Consumer Cyclical	Held	296,000	0	$11,789,680	−26.1%	0.77%
MBC	MasterBrand, Inc. Consumer Cyclical	NEW	1,300,000	NEW	$10,803,000	NEW	0.71%
RYN	Rayonier Inc Real Estate	NEW	480,000	NEW	$9,897,600	NEW	0.65%
BLDR	Builders FirstSource, Inc. Industrials	NEW	77,000	NEW	$6,339,410	NEW	0.42%
WY	Weyerhaeuser Co Real Estate	NEW	190,000	NEW	$4,641,700	NEW	0.30%
MERC	Mercer International Inc. Basic Materials	Held	3,150,000	0	$4,472,999	−28.3%	0.29%
WFG	West Fraser Timber Co., Ltd Basic Materials	NEW	56,000	NEW	$3,656,240	NEW	0.24%
BCC	BOISE CASCADE Co Basic Materials	NEW	41,000	NEW	$3,109,850	NEW	0.20%

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.