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Portfolio (Quarterly) Guide ↗

AREX Capital Management, LP

· CIK 0001800261
13F Portfolio $35M AUM 9 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 1 New 1 Added 6 Reduced 4 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 EHAB ENHABIT INC Healthcare 2,493,872.0 $23.0M 65.36% $9.22 +49.7%
2 CALY TOPGOLF CALLAWAY BRANDS CORP Consumer Cyclical 453,000.0 $5.3M 15.03% -76K -14.4% $11.67 +30.5%
3 SKILLSOFT CORP 240,661.0 $2.2M 6.36% -163K -40.3% $9.30
4 IAC IAC INC Technology 46,500.0 $1.8M 5.17% -22K -32.1% $39.10 +2.4%
5 VYX NCR VOYIX CORPORATION Technology 121,364.0 $1.2M 3.52% -252K -67.5% $10.20 -32.1%
6 FMX FOMENTO ECONOMICO MEXICANO S Consumer Defensive 6,584.0 $665K 1.89% +3K +93.7% $101.07 +20.9%
7 NN NEXTNAV INC Communication Services 25,000.0 $416K 1.18% -2K -9.1% $16.64 +33.3%
8 SPB SPECTRUM BRANDS HLDGS INC NE Consumer Defensive 5,000.0 $295K 0.84% NEW $59.08 +35.5%
9 FIP FTAI INFRASTRUCTURE INC Industrials 50,000.0 $230K 0.66% -85K -63.0% $4.61 +3.0%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 69.8%
Consumer Cyclical 16.0%
Technology 9.3%
Consumer Defensive 2.9%
Communication Services 1.3%
Industrials 0.7%