Corre Partners Management, LLC

Fundamental diversified ★Signal industrials specialist (61%) CIK 1537323
Long book
$64.9M
Q1 2026
Positions
3
Top-10 weight
100%
concentration
Last quarter
+35.1%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Corre Partners Management, LLC is a diversified fundamental manager, specialised in industrials (61% of the long book), running a $64.9M US long book across 3 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: GRUPO AEROMEXICO SAB DE CV, TEAM INC, NN INC.

Over the last 9 quarters its long book ran on average 4.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-21.0%
Q2 2024
+46.9%
Q3 2024
-16.5%
Q4 2024
-0.2%
Q1 2025
+2.5%
Q2 2025
-6.7%
Q3 2025
-22.3%
Q4 2025
-17.2%
Q1 2026
+35.1%

Sector allocation

Services media
74%
Industrials
26%

Long book by quarter

$43.1M
Q1 2024
$34.2M
Q2 2024
$49.7M
Q3 2024
$41.5M
Q4 2024
$40.4M
Q1 2025
$41.9M
Q2 2025
$39.1M
Q3 2025
$79.3M
Q4 2025
$64.9M
Q1 2026

What does Corre Partners own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
TISI TEAM INCServices media1.6M$25.6M39.4%Held
NNBR NN INCIndustrials6.2M$9.0M13.9%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 20263$64.9M canonicalSEC ↗
Q4 202513F-HRFeb 13, 20264$92.8M canonicalSEC ↗
Q3 202513F-HRNov 12, 20254$88.1M canonicalSEC ↗
Q2 202513F-HRAug 11, 20254$78.9M canonicalSEC ↗
Q1 202513F-HRMay 12, 20254$88.3M canonicalSEC ↗
Q4 202413F-HRFeb 11, 20254$104.6M canonicalSEC ↗
Q3 202413F-HRNov 13, 20243$78.4M canonicalSEC ↗
Q2 202413F-HRAug 13, 20243$34.2M canonicalSEC ↗
Q1 202413F-HRMay 10, 20244$58.9M canonicalSEC ↗