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Forest Avenue Capital Management LP

Tarigh Yusufi · Hedge Fund · Long/Short Equity

Forest Avenue Capital Management LP is a Miami-based investment management firm founded in late 2020 by Tarigh Yusufi, a former Investment Partner at Steadfast Financial. The firm specializes in a global equity long/short approach with a flexible mandate, primarily focusing on sectors undergoing structural change, such as renewable energy, industrials, materials, and the energy transition. Headquartered in Florida, the firm utilizes fundamental analysis and rigorous research to identify thematic investment opportunities and long-term value. As of early 2025, the firm manages approximately $1.56 billion in regulatory assets under management through its private fund structures.

Simulated Performance

MetricValue
Total return+19.1%
YTD return+9.2%
Sharpe ratio3.55
Win rate48%
AUM$1.8B
InceptionOct 1, 2025
UpdatedSep 21, 2026

Institution Status

FieldValue
AUM$1.8B
TurnoverLow (<15%)
Avg holding18 Months
InceptionOct 1, 2025
Websitehttps://forestavecap.com/

Current Holdings

Updated on Sep 21, 2026.

TickerNamePortfolio %Return
VSTVistra Energy Corp12.3%-19.4%
VIKViking Holdings Ltd7.5%+39.7%
DPCDPC Holdings PLC6.6%-6.8%
TSMTaiwan Semiconductor Manufacturing6.2%+5.9%
WWDWoodward Inc6.0%+12.2%
MAIRMadison Air Solutions Corporation5.3%-8.2%
ECGEverus Construction Group Inc5.3%-22.3%
DKDelek US Energy Inc5.3%+31.5%
NCLHNorwegian Cruise Line Holdings Ltd4.9%-11.7%
LGNLegence Corp. Class A Common stock4.8%+0.3%
SGISomnigroup International Inc.4.6%-15.8%
CNMCore & Main Inc4.3%-17.8%
PARRPar Pacific Holdings Inc4.2%+69.6%
CRSCarpenter Technology Corporation3.7%+46.0%
NVDANVIDIA Corporation3.6%+4.1%
RRXRegal Beloit Corporation3.5%-20.2%
WULFTerawulf Inc3.2%-16.7%
MTZMasTec Inc3.0%-5.8%
QXOQXO, Inc.3.0%-31.8%
ALABAstera Labs, Inc.2.5%0.0%

Recent activity

DateActionTickerWeight
Sep 21, 2026BUYCNM4.1% → 4.3%
Sep 21, 2026BUYPARR4.1% → 4.2%
Sep 21, 2026SELLBTU2.5% → 0.0%
Sep 21, 2026SELLMAIR5.5% → 5.3%
Sep 21, 2026BUYVIK7.3% → 7.5%

Investment Style Analysis

Forest Avenue Capital Management LP is widely recognized for employing a Long/Short Equity strategy. As of Sep 21, 2026, the firm oversees approximately $1.8B in assets under management (AUM). The portfolio demonstrates a clear preference for the Engineering & Construction and Semiconductors sectors, reflecting a high-conviction approach to capital allocation.

Recent Market Moves

During the latest rebalancing period ending Sep 21, Forest Avenue Capital Management LP made a significant move by increasing exposure to CNM. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.

Investment Philosophy

Forest Avenue Capital Management employs a global long/short equity strategy with a focus on fundamental, bottom-up research. The firm targets sectors benefiting from secular growth themes and structural transformations, specifically renewable energy, industrials, and materials. By identifying undervalued securities for long positions and overvalued securities for shorting, the manager seeks to generate superior, consistent returns across various market cycles while maintaining a flexible mandate to invest opportunistically across other asset classes.

Disclaimer

The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Forest Avenue Capital Management LP.

Similar Investment Style

Based on Long/Short Equity.

Frequently asked questions

How is the simulated portfolio for Forest Avenue Capital Management LP constructed?

This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.

What is Forest Avenue Capital Management LP's largest holding?

As of the latest filing, Forest Avenue Capital Management LP's top position is Vistra Energy Corp (VST), representing 12.3% of the portfolio. This reflects a high-conviction bet by the institution.

What is Forest Avenue Capital Management LP's historical performance and risk profile?

Our simulation indicates a total return of +19.1% with a win rate of 48%. Notably, the portfolio maintains a Sharpe Ratio of 3.55, suggesting an exceptional level of risk-adjusted returns compared to the broader market.

What sectors does Forest Avenue Capital Management LP primarily invest in?

Forest Avenue Capital Management LP has a strong preference for the Engineering & Construction sector, which makes up 13.2% of their disclosed assets. The portfolio also has exposure to Semiconductors, indicating a specific thematic focus.

Is Forest Avenue Capital Management LP's portfolio concentrated or diversified?

Forest Avenue Capital Management LP runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 26.3% of the total portfolio weight, suggesting a strategy that favors broader market exposure.

How has Forest Avenue Capital Management LP performed in 2026?

Our AI-simulated model portfolio for Forest Avenue Capital Management LP tracks a Year-to-Date (YTD) return of +9.2%. This metric helps investors gauge the institution's effectiveness in the current market environment.

Does Tarigh Yusufi manage Forest Avenue Capital Management LP directly?

Yes, Tarigh Yusufi serves as the key portfolio manager for Forest Avenue Capital Management LP, overseeing the investment strategy and final capital allocation decisions.