Bracebridge Capital, LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1426486) · Explore on the interactive board
Bracebridge Capital, LLC disclosed 27 US equity positions worth $462.2m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is GLD at 50.5% of the reported book, followed by UNIT, CZR. The top ten holdings are 96.5% of the book, and the portfolio behaves like about 3 equal-weight positions. Versus the prior filing it opened 4 new positions, added to 4, reduced 1 and exited 5. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Bracebridge Capital, LLC own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 4 new, 4 added, 1 reduced, 5 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | GLD SPDR GOLD TR | 50.5% | $233.4m | 633,450 | -34% | reduced | |
| 2 | UNIT UNITI GROUP LLC | Real Estate | 19.9% | $92.0m | 8,023,590 | 4% | added |
| 3 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 6.2% | $28.6m | 946,556 | – | new |
| 4 | ADT ADT INC DEL | Industrials | 4.4% | $20.3m | 3,126,000 | 47% | added |
| 5 | SERVICE PPTYS TR | 4.1% | $19.1m | 11,330,218 | – | new | |
| 6 | FWRD FORWARD AIR CORP | 4.1% | $19.0m | 1,404,913 | – | new | |
| 7 | ALVOTECH | 3.2% | $14.9m | 4,038,637 | 49% | added | |
| 8 | SPCX SPACE EXPLORATION TECHN CORP | Industrials | 1.7% | $7.9m | 46,345 | – | new |
| 9 | GNW GENWORTH FINL INC | Financial Services | 1.5% | $6.8m | 714,388 | 0% | held |
| 10 | BXMT BLACKSTONE MORTGAGE TRUST IN | Real Estate | 0.9% | $4.1m | 241,700 | 0% | held |
| 11 | ASTL ALGOMA STL GROUP INC | 0.8% | $3.7m | 924,931 | 0% | held | |
| 12 | OSG OCTAVE SPECIALTY GROUP INC | Financial Services | 0.8% | $3.6m | 579,234 | 0% | held |
| 13 | LIBERTY MEDIA CORP DEL | 0.5% | $2.1m | 47,700,000 | 0% | held | |
| 14 | AQST AQUESTIVE THERAPEUTICS INC | 0.4% | $1.9m | 459,216 | 0% | held | |
| 15 | RNA ATRIUM THERAPEUTICS INC | 0.4% | $1.9m | 139,239 | 0% | held | |
| 16 | TRTX TPG RE FIN TR INC | Real Estate | 0.3% | $1.5m | 182,157 | 0% | held |
| 17 | PDD PDD HOLDINGS INC | Consumer Cyclical | 0.2% | $1.0m | 13,600 | 17% | added |
| 18 | AIRJOULE TECHNOLOGIES CORP | 0.0% | $65.0k | 50,000 | 0% | held | |
| 19 | GENERATION ESSENTIALS GROUP | 0.0% | $58.5k | 325,000 | 0% | held | |
| 20 | CRITICAL METALS CORP | 0.0% | $44.6k | 12,500 | 0% | held | |
| 21 | GCT SEMICONDUCTOR HLDG INC | 0.0% | $36.8k | 75,000 | 0% | held | |
| 22 | EAGLE NUCLEAR ENERGY CORP | 0.0% | $36.2k | 25,000 | 0% | held | |
| 23 | BRAND ENGAGEMENT NETWORK INC | 0.0% | $23.3k | 166,666 | 0% | held | |
| 24 | ENVOY MEDICAL INC | 0.0% | $13.1k | 262,156 | 0% | held | |
| 25 | BLUE GOLD LTD | 0.0% | $7.2k | 75,000 | 0% | held | |
| 26 | CID HOLDCO INC | 0.0% | $769 | 62,500 | 0% | held | |
| 27 | TEVOGEN BIO HLDGS INC | 0.0% | $710 | 12,500 | 0% | held |
What did Bracebridge Capital, LLC sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| TSLA TESLA INC | 60.0% | $14.6m |
| HYG ISHARES TR | 12.2% | $3.0m |
| AMC AMC ENTMT HLDGS INC | 11.0% | $2.7m |
| OPTU OPTIMUM COMMUNICATIONS INC | 9.4% | $2.3m |
| CCO CLEAR CHANNEL OUTDOOR HLDGS | 7.3% | $1.8m |
Sector mix
| Sector | Weight |
|---|---|
| Real Estate | 21.1% |
| Consumer Cyclical | 6.4% |
| Industrials | 6.1% |
| Financial Services | 2.2% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Bracebridge Capital, LLC's portfolio?
Across every quarter Bracebridge Capital, LLC has filed, its median largest position is 62.1% of the book and its median top-ten weight is 96.9%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 5.0 completed holding spells, the median lasted 1.0 quarters; 27.0 positions are still open and their final length is unknown.