Atlas FRM LLC
Atlas FRM LLC reported 25 US-listed holdings worth $2.33 billion in its 13F for the quarter ended 30 June 2026, filed 13 August 2026. Its largest: International Paper Co. (16.1%), Packaging Corp. of America (15.6%) and Waste Connections Inc. (10.8%). Against the quarter before, it opened 6 positions, added to 13, trimmed 2 and sold out of 4.
Reported holdings$2.33B+52.9% on Q1 2026
Positions25+2 on Q1 2026
The largest ten78.1%of its reported holdings
Latest 13FQ2 2026filed 13 August 2026
OpenedAdded toHeldTrimmed
The 14 largest of its 25 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What it did on the quarter
Opened 6Added 13Held 4Trimmed 2Sold out 4
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 6
- Waste Connections Inc. WCN$251.7 million
- Cemex Sab De CV CX$25.4 million
- Meritage Homes Corp. MTH$18.4 million
- Janus International Group in JBI$18.0 million
- Sonoco Products Co. SON$2.8 million
- Vulcan Materials Co. VMC$1.5 million
Added to 13
- International Paper Co. IP+2.2 million shares · +30%
- Rayonier Inc. RYN+3.5 million shares · +721%
- Weyerhaeuser Co. WY+2.9 million shares · +1500%
- Builders Firstsource Inc. BLDR+641,000 shares · +832%
- West Fraser Timber Co. Ltd WFG+684,000 shares · +1221%
- Suzano S.a. SUZ+5.2 million shares · +27%
- Aptargroup, Inc. ATR+320,000 shares · +91%
- MasterBrand, Inc. MBC+3.3 million shares · +256%
and 5 more in the table below
Trimmed 2
- Fortune Brands Innovations, Inc. FBIN-350,000 shares · -16%
- Mercer Intl Inc. MERC-2.6 million shares · -81%
Sold out of 4
- Hormel Foods Corp. HRL$64.0 million last quarter
- Mohawk Industries Inc. MHK$16.2 million last quarter
- American Woodmark Corporatio AMWD$11.8 million last quarter
- Select Sector SPDR Trust XLP$4.1 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| International Paper Co. IP | 9,840,000 | $374.9 million | 16.06% | +2,250,000 |
| Packaging Corp. of America PKG | 1,532,500 | $365.2 million | 15.64% | no change |
| Waste Connections Inc. WCN | 1,510,000 | $251.7 million | 10.78% | new |
| Sylvamo Corp. SLVM | 6,312,454 | $238.6 million | 10.22% | no change |
| Suzano S.a. SUZ | 24,320,000 | $188.7 million | 8.08% | +5,200,000 |
| Fortune Brands Innovations, Inc. FBIN | 1,825,000 | $100.2 million | 4.29% | -350,000 |
| Aptargroup, Inc. ATR | 670,000 | $83.9 million | 3.59% | +320,000 |
| Rayonier Inc. RYN | 3,940,000 | $83.8 million | 3.59% | +3,460,000 |
| Weyerhaeuser Co. WY | 3,040,000 | $72.8 million | 3.12% | +2,850,000 |
| Builders Firstsource Inc. BLDR | 718,000 | $64.2 million | 2.75% | +641,000 |
| LGI Homes, Inc. LGIH | 967,000 | $61.6 million | 2.64% | +327,000 |
| FirstCash Holdings, Inc. FCFS | 270,000 | $58.4 million | 2.50% | no change |
| Floor & Decor Holdings, Inc. FND | 930,000 | $55.2 million | 2.36% | +36,000 |
| Ezcorp Inc. EZPW | 1,450,000 | $50.1 million | 2.15% | no change |
| West Fraser Timber Co. Ltd WFG | 740,000 | $50.1 million | 2.15% | +684,000 |
| Silgan Holdings Inc. SLGN | 1,040,000 | $48.2 million | 2.07% | +170,000 |
| MasterBrand, Inc. MBC | 4,624,400 | $47.6 million | 2.04% | +3,324,400 |
| Greenbrier Companies Inc. GBX | 787,588 | $38.6 million | 1.65% | +538,027 |
| Boise Cascade Co. BCC | 445,000 | $34.5 million | 1.48% | +404,000 |
| Cemex Sab De CV CX | 2,120,000 | $25.4 million | 1.09% | new |
| Meritage Homes Corp. MTH | 220,000 | $18.4 million | 0.79% | new |
| Janus International Group in JBI | 3,240,000 | $18.0 million | 0.77% | new |
| Sonoco Products Co. SON | 50,000 | $2.8 million | 0.12% | new |
| Vulcan Materials Co. VMC | 5,000 | $1.5 million | 0.06% | new |
| Mercer Intl Inc. MERC | 596,791 | $393,882 | 0.02% | -2,553,209 |
Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.