Portfolio (Quarterly) Guide ↗

Atlas FRM LLC

· CIK 0001879898

13F Portfolio $1.0B AUM 17 positions Filed Feb 12, 2026 EDGAR ↗ ← All Funds

Q1 2026 Q4 2025 · All 12 New

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	SLVM	SYLVAMO CORP	Basic Materials	6,312,454.0	$303.9M	29.69%	NEW	—	$48.15	-21.0%
2	PKG	PACKAGING CORP AMER	Consumer Cyclical	990,000.0	$204.2M	19.94%	NEW	—	$206.23	+5.9%
3	IP	INTERNATIONAL PAPER CO	Consumer Cyclical	5,000,000.0	$196.9M	19.24%	NEW	—	$39.39	-18.9%
4	SUZ	SUZANO S A	Basic Materials	17,320,000.0	$161.8M	15.80%	NEW	—	$9.34	-10.8%
5	—	SEALED AIR CORP NEW	—	1,880,500.0	$77.9M	7.61%	NEW	—	$41.43	—
6	MHK	MOHAWK INDS INC	Consumer Cyclical	165,000.0	$18.0M	1.76%	NEW	—	$109.30	-5.0%
7	FND	FLOOR & DECOR HLDGS INC	Consumer Cyclical	291,000.0	$17.7M	1.73%	NEW	—	$60.89	-20.7%
8	AMWD	AMERICAN WOODMARK CORPORATIO	Consumer Cyclical	296,000.0	$16.0M	1.56%	NEW	—	$53.90	-21.0%
9	FCFS	FIRSTCASH HOLDINGS INC	Financial Services	50,000.0	$8.0M	0.78%	NEW	—	$159.38	+45.6%
10	SLGN	SILGAN HOLDINGS INC	Consumer Cyclical	170,000.0	$6.9M	0.67%	NEW	—	$40.37	-5.9%
11	EZPW	EZCORP INC	Financial Services	325,000.0	$6.3M	0.62%	NEW	—	$19.42	+78.3%
12	MERC	MERCER INTL INC	Basic Materials	3,150,000.0	$6.2M	0.61%	NEW	—	$1.98	-50.0%

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation

Basic Materials 49.9%

Consumer Cyclical 48.6%

Financial Services 1.5%