NEW SOUTH CAPITAL MANAGEMENT INC's Q3 2026 13F: 3 new positions, 1 exit
Form 13F-HR for the quarter ended Sep 30, 2026 · filed Nov 5, 2026 · 50 reported positions · accession 0001044797-26-000006
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | Wesco International, Inc. (WCC) | 7.8% | 8.0% | +0.2 pts | −170K sh | −33% |
| Reduced | Royalty Pharma PLC (RPRX) | 5.9% | 5.5% | −0.4 pts | −940K sh | −39% |
| Reduced | EnerSys (ENS) | 7.5% | 5.4% | −2.1 pts | −284K sh | −39% |
| Reduced | Zebra Technologies Corporation (ZBRA) | 4.8% | 7.2% | +2.4 pts | −117K sh | −28% |
| Reduced | Vertiv Holdings Co (VRT) | 11.0% | 9.2% | −1.9 pts | −168K sh | −22% |
| Reduced | Garrett Motion Inc (GTX) | 4.6% | 2.8% | −1.8 pts | −1.22M sh | −42% |
| Reduced | Element Solutions Inc. (ESI) | 4.8% | 3.7% | −1.1 pts | −732K sh | −32% |
| Reduced | WEX Inc (WEX) | 2.8% | 3.2% | +0.5 pts | −151K sh | −34% |
| Reduced | Marriott Vacations Worldwide Corp (VAC) | 4.3% | 4.7% | +0.5 pts | −246K sh | −26% |
| Reduced | Thermo Fisher Scientific Inc (TMO) | 3.4% | 5.3% | +1.9 pts | −34,529 sh | −22% |
| New | Gartner Inc. (IT) | — | 1.5% | +1.5 pts | +122K sh | new |
| Reduced | Autozone, Inc. (AZO) | 5.3% | 5.7% | +0.4 pts | −7,186 sh | −19% |
| Reduced | Euronet Worldwide, Inc. (EEFT) | 2.6% | 2.0% | −0.6 pts | −309K sh | −39% |
| Reduced | MSC Industrial Direct Co Inc. (MSM) | 2.8% | 3.1% | +0.3 pts | −152K sh | −28% |
| Reduced | Firstcash Holdings Inc (FCFS) | 1.5% | 1.1% | −0.4 pts | −79,838 sh | −50% |
| Reduced | SS&C Technologies Holdings Inc. (SSNC) | 1.4% | 1.7% | +0.3 pts | −176K sh | −34% |
| Reduced | Kforce Inc (KFRC) | 1.3% | 1.3% | 0.0 pts | −253K sh | −40% |
| Reduced | OneSpaWorld Holdings Ltd. (OSW) | 2.2% | 1.7% | −0.5 pts | −580K sh | −33% |
| Reduced | Century Communities Inc. (CCS) | 1.9% | 1.6% | −0.3 pts | −209K sh | −34% |
| Reduced | Fiserv Inc. (FISV) | 2.1% | 2.1% | 0.0 pts | −269K sh | −28% |
| Reduced | Kemper Corporation (KMPR) | 1.3% | 1.0% | −0.3 pts | −470K sh | −44% |
| Reduced | Gildan Activewear Inc. (GIL) | 1.5% | 1.1% | −0.4 pts | −270K sh | −40% |
| Reduced | Open Text Corp (OTEX) | 2.0% | 2.2% | +0.3 pts | −502K sh | −25% |
| Reduced | Everforth Inc. (ASGN) | 0.6% | 1.0% | +0.4 pts | −340K sh | −43% |
| Reduced | Avantor Inc (AVTR) | 0.6% | 0.7% | +0.1 pts | −722K sh | −49% |
| Reduced |
Rush Enterprises Inc. (RUSHA)
prior share count adjusted for a stock split
|
1.0% | 0.8% | −0.2 pts | −220K sh | −45% |
| Reduced | Nice Limited (NICE) | 1.0% | 1.1% | +0.2 pts | −89,635 sh | −36% |
| Reduced | Consensus Cloud Solutions Inc. (CCSI) | 1.1% | 0.8% | −0.2 pts | −260K sh | −41% |
| Reduced | CGI Inc (GIB) | 1.5% | 1.7% | +0.3 pts | −125K sh | −24% |
| Reduced | Brookfield Corp. (BN) | 2.3% | 2.4% | +0.1 pts | −221K sh | −18% |
| Reduced | LKQ Corporation (LKQ) | 1.0% | 0.8% | −0.2 pts | −338K sh | −39% |
| New | Pool Corporation (POOL) | — | 0.5% | +0.5 pts | +43,341 sh | new |
| Reduced | FedEx Corporation (FDX) | 2.0% | 2.2% | +0.3 pts | −24,291 sh | −17% |
| Exited | iShares - Russell 2000 Value (IWN) | 0.4% | — | −0.4 pts | −39,415 sh | −100% |
| Reduced | Brookfield Renewable Corporation (BEPC) | 0.9% | 0.6% | −0.3 pts | −203K sh | −37% |
| New | Stewart Information Services Corporation (STC) | — | 0.3% | +0.3 pts | +87,861 sh | new |
| Reduced | Unifirst Corp (UNF) | 0.4% | 0.3% | −0.1 pts | −13,860 sh | −43% |
| Reduced | Shoe Station Group Inc. (SCVL) | 0.5% | 0.4% | −0.1 pts | −271K sh | −38% |
| Increased | CECO Environmental Corp. (CECO) | 1.0% | 1.4% | +0.4 pts | +49,087 sh | +19% |
| Reduced | Stanley Black & Decker, Inc. (SWK) | 0.7% | 0.7% | +0.1 pts | −34,628 sh | −21% |
| Reduced | Ares Capital Corp. (ARCC) | 0.3% | 0.2% | 0.0 pts | −152K sh | −43% |
| Reduced | Willis Towers Watson Public Limited Company (WTW) | 1.1% | 1.6% | +0.5 pts | −9,801 sh | −10% |
| Reduced | FedEx Freight Holding Co. Inc. (FDXF) | 0.5% | 0.4% | −0.1 pts | −12,414 sh | −17% |
| Reduced | Amerisafe Inc. (AMSF) | 0.2% | 0.1% | −0.1 pts | −53,785 sh | −43% |
| Reduced | Brookfield Asset Management Ltd (BAM) | 0.1% | 0.2% | 0.0 pts | −2,080 sh | −4% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
* Prior share counts adjusted or corrected for a stock split — changes are measured from the adjusted count:
- Rush Enterprises Inc. (RUSHA): 327K shares as filed last quarter, 490K after adjustment → 270K now (prior share count adjusted for a stock split)
Top 10 positions — 57.9% of the equity book
Changes in the top 10 this quarter: WEX entered · GTX left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Vertiv Holdings Co (VRT) | 11.0% | 9.2% | |
| 2 | Wesco International, Inc. (WCC) | 7.8% | 8.0% | |
| 3 | Zebra Technologies Corporation (ZBRA) | 4.8% | 7.2% | |
| 4 | Autozone, Inc. (AZO) | 5.3% | 5.7% | |
| 5 | Royalty Pharma PLC (RPRX) | 5.9% | 5.5% | |
| 6 | EnerSys (ENS) | 7.5% | 5.4% | |
| 7 | Thermo Fisher Scientific Inc (TMO) | 3.4% | 5.3% | |
| 8 | Marriott Vacations Worldwide Corp (VAC) | 4.3% | 4.7% | |
| 9 | Element Solutions Inc. (ESI) | 4.8% | 3.7% | |
| 10 | WEX Inc (WEX) | 2.8% | 3.2% | Entered the top 10 |
| — | Garrett Motion Inc (GTX) | 4.6% | 2.8% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).