Harvey Partners, LLC

The portfolio exhibits a high-conviction strategy characterized by active turnover and concentration. With the top 10 positions accounting for roughly 66% of the total portfolio value, the firm avoids over-diversification in favor of meaningful exposure to specific winners. The average position size is approximately $26.6 million, though the variance is significant, with the largest holding (ENPRO Inc) representing nearly 9% of the portfolio, while the smallest represents less than 0.3%. The reduction in holdings suggests a pivot toward capital preservation or a reallocation of capital into a tighter set of high-conviction names.

2. Key Holdings