Latest Appian Way Asset Management LP Stock Portfolio

$558Million | No. of Holdings #28

Appian Way Asset Management LP Performance

2025 Q3+2.55%

YTD-5.09%

2024+1.41%

About Appian Way Asset Management LP and 13F Hedge Fund Stock Holdings

On 2025-11-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, Appian Way Asset Management LP reported an equity portfolio of $558 Millions as of 30 Sep, 2025. <br><br> The top stock holdings of Appian Way Asset Management LP are , PCT, KEX. The fund has invested 11.8% of it's portfolio in GOLAR LNG LTD and 10.2% of portfolio in PURECYCLE TECHNOLOGIES INC . <br><br> The fund managers got completely rid off SIGMA LITHIUM CORPORATION (SGML), DYCOM INDS INC (DY) and MASTEC INC (MTZ) stocks. They significantly reduced their stock positions in GXO LOGISTICS INCORPORATED (GXO), CHEMOURS CO (CC) and ELEMENT SOLUTIONS INC (ESI). Appian Way Asset Management LP opened new stock positions in CELANESE CORP DEL (CE), NEXGEN ENERGY LTD and SOLARIS ENERGY INFRAS INC (SOI). The fund showed a lot of confidence in some stocks as they added substantially to DARLING INGREDIENTS INC (DAR), KIRBY CORP (KEX) and IAMGOLD CORP.

Appian Way Asset Management LP Equity Portfolio Value

Last Reported on: 14 Nov, 2025

$558Million

as of Nov 14, 2025

Appian Way Asset Management LP Annual Return Estimates Vs S&P 500

Our best estimate is that Appian Way Asset Management LP made a return of 2.55% in the last quarter. In trailing 12 months, it's portfolio return was -7.3%.

Performance
S&P 500

New Buys

Ticker	$ Bought
celanese corp del	9,450,700
nexgen energy ltd	9,445,860
solaris energy infras inc	4,666,100
jbs n.v.	4,638,470
olin corp	4,290,080
cameco corp	4,130,860
packaging corp amer	2,786,020
cal maine foods inc	1,829,490

New stocks bought by Appian Way Asset Management LP

Additions

Ticker	% Inc.
darling ingredients inc	2,551
kirby corp	335
iamgold corp	183
sealed air corp new	79.02
knight-swift transn hldgs in	74.19
golar lng ltd	34.76
purecycle technologies inc	11.92

Additions to existing portfolio by Appian Way Asset Management LP

Reductions

Ticker	% Reduced
gxo logistics incorporated	-76.47
chemours co	-75.8
element solutions inc	-56.59
ftai aviation ltd	-53.88
amcor plc	-39.06
target hospitality corp	-28.13
core scientific inc new	-12.58
geo group inc new	-7.5

Appian Way Asset Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
sigma lithium corporation	-24,115,600
freeport-mcmoran inc	-4,038,790
dariohealth corp	-858,190
kratos defense & sec solutio	-2,287,900
mastec inc	-5,478,810
dycom inds inc	-6,949,230
jbt marel corporation	-1,996,320
carlisle cos inc	-3,191,820

Appian Way Asset Management LP got rid off the above stocks

Sector Distribution

Appian Way Asset Management LP has about 37.9% of it's holdings in Industrials sector.

Industrials
Others
Consumer Cyclical
Consumer Defensive
Basic Materials

Sector	%
Industrials	37.9
Others	24
Consumer Cyclical	14.4
Consumer Defensive	12.1
Basic Materials	10.4

Market Cap. Distribution

Appian Way Asset Management LP has about 13.3% of it's portfolio invested in the large-cap and mega-cap stocks.

MID-CAP
UNALLOCATED
SMALL-CAP
LARGE-CAP
NANO-CAP

Category	%
MID-CAP	44.9
UNALLOCATED	24
SMALL-CAP	15.9
LARGE-CAP	13.3
NANO-CAP	1.2

Stocks belong to which Index?

About 41.5% of the stocks held by Appian Way Asset Management LP either belong to S&P 500 or RUSSELL 2000 index.

Others
RUSSELL 2000
S&P 500

Index	%
Others	58.5
RUSSELL 2000	24.8
S&P 500	16.7

Top 5 Winners (%)		%
	iamgold corp	41.2 %
FTAI	ftai aviation ltd	32.9 %
CC	chemours co	23.8 %
TH	target hospitality corp	16.4 %
SEE	sealed air corp new	10.5 %

Top 5 Winners ($)		$
FTAI	ftai aviation ltd	15.7 M
CC	chemours co	10.4 M
	iamgold corp	5.3 M
SEE	sealed air corp new	4.2 M
ESI	element solutions inc	2.7 M

Top 5 Losers (%)		%
KEX	kirby corp	-18.1 %
GEO	geo group inc new	-13.9 %
DAR	darling ingredients inc	-10.6 %
AMCR	amcor plc	-8.8 %
KNX	knight-swift transn hldgs in	-8.6 %

Top 5 Losers ($)		$
KEX	kirby corp	-12.4 M
DAR	darling ingredients inc	-6.4 M
AMCR	amcor plc	-3.1 M
PCT	purecycle technologies inc	-2.2 M
	golar lng ltd	-1.1 M

Appian Way Asset Management LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Appian Way Asset Management LP

Appian Way Asset Management LP has 28 stocks in it's portfolio. About 67.7% of the portfolio is in top 10 stocks. KEX proved to be the most loss making stock for the portfolio. FTAI was the most profitable stock for Appian Way Asset Management LP last quarter.

$459.95MTotal Value

36.00Positions

14 Nov, 2025Last Reported

Current holdings of Current Stock Holdings of Appian Way Asset Management LP, last reported on 14 Nov, 2025. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
AMCR Amcor Plc Amcor Plc AMCR Appian Way Asset Management LP's holding in Amcor Plc over time	3.38%	2,303,720	$18.84M 3.38%	decreased 39.06 percentreduced

AXTA Axalta Coating Sys Ltd Axalta Coating Sys Ltd AXTA Appian Way Asset Management LP's holding in Axalta Coating Sys Ltd over time	0.13%	25,469	$728.9K 0.13%	new position

CALM Cal Maine Foods Inc Cal Maine Foods Inc CALM Appian Way Asset Management LP's holding in Cal Maine Foods Inc over time	0.33%	19,442	$1.83M 0.33%	new position

CC Chemours Co Chemours Co CC Appian Way Asset Management LP's holding in Chemours Co over time	2.62%	922,656	$14.61M 2.62%	decreased 75.8 percentreduced

CE Celanese Corp Del Celanese Corp Del CE Appian Way Asset Management LP's holding in Celanese Corp Del over time	1.69%	224,589	$9.45M 1.69%	new position

CSL Carlisle Cos Inc Carlisle Cos IncCSL Appian Way Asset Management LP's holding in Carlisle Cos Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

DAR Darling Ingredients Inc Darling Ingredients Inc DAR Appian Way Asset Management LP's holding in Darling Ingredients Inc over time	9.65%	1,744,860	$53.86M 9.65%	increased 2551.77 percentadded

DRIO Dariohealth Corp Dariohealth Corp DRIO Appian Way Asset Management LP's holding in Dariohealth Corp over time	0.18%	56,862	$986.6K 0.18%	new position

DRIO Dariohealth Corp Dariohealth CorpDRIO Appian Way Asset Management LP's holding in Dariohealth Corp over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

DY Dycom Inds Inc Dycom Inds IncDY Appian Way Asset Management LP's holding in Dycom Inds Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

ESI Element Solutions Inc Element Solutions Inc ESI Appian Way Asset Management LP's holding in Element Solutions Inc over time	2.94%	650,872	$16.38M 2.94%	decreased 56.59 percentreduced

FCX Freeport-Mcmoran Inc Freeport-Mcmoran IncFCX Appian Way Asset Management LP's holding in Freeport-Mcmoran Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

FTAI Ftai Aviation Ltd Ftai Aviation Ltd FTAI Appian Way Asset Management LP's holding in Ftai Aviation Ltd over time	5.72%	191,431	$31.94M 5.72%	decreased 53.88 percentreduced

FUL Fuller H B Co Fuller H B Co FUL Appian Way Asset Management LP's holding in Fuller H B Co over time	0.32%	29,675	$1.76M 0.32%	new position

GEO Geo Group Inc New Geo Group Inc New GEO Appian Way Asset Management LP's holding in Geo Group Inc New over time	0.88%	239,168	$4.90M 0.88%	decreased 7.5 percentreduced

GXO Gxo Logistics Incorporated Gxo Logistics Incorporated GXO Appian Way Asset Management LP's holding in Gxo Logistics Incorporated over time	0.29%	30,186	$1.60M 0.29%	decreased 76.47 percentreduced

JBHT Hunt J B Trans Svcs Inc Hunt J B Trans Svcs Inc JBHT Appian Way Asset Management LP's holding in Hunt J B Trans Svcs Inc over time	0.2%	8,110	$1.09M 0.2%	new position

JBT Jbt Marel Corporation Jbt Marel CorporationJBT Appian Way Asset Management LP's holding in Jbt Marel Corporation over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

KEX Kirby Corp Kirby Corp KEX Appian Way Asset Management LP's holding in Kirby Corp over time	10.1%	675,546	$56.37M 10.1%	increased 335.81 percentadded

KNX Knight-Swift Transn Hldgs In Knight-Swift Transn Hldgs InKNX Appian Way Asset Management LP's holding in Knight-Swift Transn Hldgs In over time	1.81%	255,978	$10.11M 1.81%	increased 74.19 percentadded