# Atlas FRM LLC: Form 13F holdings

An institutional investment manager in GREENWICH, CT. SEC CIK 1879898.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $2.33bn
- Positions: 25 (51 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1879898/000187989826000007/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [INTERNATIONAL PAPER CO (IP)](/companies/ip.md) | COM | $374.9m | 16.1% | 9,840,000 |  | Added +2,250,000 |
| [PACKAGING CORP OF AMERICA (PKG)](/companies/pkg.md) | COM | $365.2m | 15.6% | 1,532,500 |  | Unchanged |
| [WASTE CONNECTIONS INC (WCN)](/companies/wcn.md) | COM | $251.7m | 10.8% | 1,510,000 |  | New +1,510,000 |
| [SYLVAMO CORP (SLVM)](/companies/slvm.md) | COMMON STOCK | $238.6m | 10.2% | 6,312,454 |  | Unchanged |
| [SUZANO SA - ADR (SUZ)](/companies/suz.md) | SPON ADS | $188.7m | 8.1% | 24,320,000 |  | Added +5,200,000 |
| [FORTUNE BRANDS INNOVATIONS INC (FBIN)](/companies/fbin.md) | COM | $100.2m | 4.3% | 1,825,000 |  | Reduced −350,000 |
| [APTARGROUP INC (ATR)](/companies/atr.md) | COM | $83.9m | 3.6% | 670,000 |  | Added +320,000 |
| [Rayonier Inc (RYN)](/companies/ryn.md) | COM | $83.8m | 3.6% | 3,940,000 |  | Added +3,460,000 |
| [Weyerhaeuser Co (WY)](/companies/wy.md) | COM NEW | $72.8m | 3.1% | 3,040,000 |  | Added +2,850,000 |
| [Builders FirstSource Inc (BLDR)](/companies/bldr.md) | COM | $64.2m | 2.8% | 718,000 |  | Added +641,000 |
| [LGI HOMES INC (LGIH)](/companies/lgih.md) | COM | $61.6m | 2.6% | 967,000 |  | Added +327,000 |
| [FIRSTCASH HOLDINGS INC (FCFS)](/companies/fcfs.md) | COM | $58.4m | 2.5% | 270,000 |  | Unchanged |
| [FLOOR & DECOR HOLDINGS INC-A (FND)](/companies/fnd.md) | CL A | $55.2m | 2.4% | 930,000 |  | Added +36,000 |
| [EZCORP INC-CL A(NSM) (EZPW)](/companies/ezpw.md) | CL A NON VTG | $50.1m | 2.1% | 1,450,000 |  | Unchanged |
| [West Fraser Timber Co Ltd (WFG)](/companies/wfg.md) | COM | $50.1m | 2.1% | 740,000 |  | Added +684,000 |
| [SILGAN HOLDINGS INC (SLGN)](/companies/slgn.md) | COM | $48.2m | 2.1% | 1,040,000 |  | Added +170,000 |
| [MASTERBRAND INC (MBC)](/companies/mbc.md) | COMMON STOCK | $47.6m | 2.0% | 4,624,400 |  | Added +3,324,400 |
| [GREENBRIER COMPANIES INC (GBX)](/companies/gbx.md) | COM | $38.6m | 1.7% | 787,588 |  | Added +538,027 |
| [BOISE CASCADE CO (BCC)](/companies/bcc.md) | COM | $34.5m | 1.5% | 445,000 |  | Added +404,000 |
| [CEMEX SAB-SPONS ADR PART CER (CX)](/companies/cx.md) | SPON ADR NEW | $25.4m | 1.1% | 2,120,000 |  | New +2,120,000 |
| [MERITAGE HOMES CORP (MTH)](/companies/mth.md) | COM | $18.4m | 0.8% | 220,000 |  | New +220,000 |
| [JANUS INTERNATIONAL GROUP IN (JBI)](/companies/jbi.md) | COM | $18.0m | 0.8% | 3,240,000 |  | New +3,240,000 |
| [SONOCO PRODUCTS CO (SON)](/companies/son.md) | COM | $2.8m | 0.1% | 50,000 |  | New +50,000 |
| [VULCAN MATERIALS CO (VMC)](/companies/vmc.md) | COM | $1.5m | <0.1% | 5,000 |  | New +5,000 |
| [MERCER INTERNATIONAL INC (MERC)](/companies/merc.md) | COM | $393.9k | <0.1% | 596,791 |  | Reduced −2,553,209 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| AMERICAN WOODMARK CORP | COM | $0 | 0.0% | 0 |  | Sold out −296,000 |
| [HORMEL FOODS CORP (HRL)](/companies/hrl.md) | COM | $0 | 0.0% | 0 |  | Sold out −2,825,000 |
| [MOHAWK INDS INC (MHK)](/companies/mhk.md) | COM | $0 | 0.0% | 0 |  | Sold out −165,000 |
| SELECT SECTOR SPDR TR | STATE STREET CON | $0 | 0.0% | 0 |  | Sold out −50,000 |

Source: SEC EDGAR, Form 13F-HR, accession 0001879898-26-000007. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.