Bracebridge Capital, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Bracebridge Capital, LLC disclosed 27 US equity positions worth $275.2m in its Q4 2025 13F filing. The largest position was GLD at 57.4% of the reported book, followed by UNIT and ADT. Against the Q3 2025 filing, it opened 2 new positions, added to 1 and reduced 2 among the top 27 holdings.
What did Bracebridge Capital, LLC own in Q4 2025? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GLD SPDR GOLD TR | 57.4% | $158.0m | 398,700 | – | new | |
| 2 | UNIT UNITI GROUP LLC | 17.7% | $48.7m | 6,941,775 | 0% | held | |
| 3 | ADT ADT INC DEL | Industrials | 6.2% | $17.2m | 2,126,000 | 0% | held |
| 4 | ALVOTECH | 5.0% | $13.9m | 2,705,304 | 0% | held | |
| 5 | AA MISSION ACQUISITION CORP | 2.3% | $6.4m | 600,000 | 0% | held | |
| 6 | OPTU OPTIMUM COMMUNICATIONS INC | Communication Services | 1.9% | $5.2m | 3,131,018 | -45% | reduced |
| 7 | BXMT BLACKSTONE MTG TR INC | Real Estate | 1.7% | $4.6m | 241,700 | 12% | added |
| 8 | OSG OCTAVE SPECIALTY GROUP INC | Financial Services | 1.6% | $4.5m | 579,234 | 0% | held |
| 9 | ASTL ALGOMA STL GROUP INC | 1.4% | $3.8m | 924,931 | 0% | held | |
| 10 | AQST AQUESTIVE THERAPEUTICS INC | 1.1% | $3.0m | 459,216 | 0% | held | |
| 11 | LIBERTY MEDIA CORP DEL | 1.0% | $2.9m | 47,700,000 | 0% | held | |
| 12 | GEN DIGITAL INC | 1.0% | $2.6m | 579,230 | -31% | reduced | |
| 13 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 0.6% | $1.7m | 756,426 | 0% | held |
| 14 | TRTX TPG RE FIN TR INC | Real Estate | 0.6% | $1.6m | 182,157 | 0% | held |
| 15 | PDD PDD HOLDINGS INC | Consumer Cyclical | 0.4% | $1.0m | 9,000 | – | new |
| 16 | AA MISSION ACQUISITION CORP | 0.0% | $50.9k | 300,000 | 0% | held | |
| 17 | GENERATION ESSENTIALS GROUP | 0.0% | $48.8k | 325,000 | 0% | held | |
| 18 | AIRJOULE TECHNOLOGIES CORP | 0.0% | $42.5k | 50,000 | 0% | held | |
| 19 | CRITICAL METALS CORP | 0.0% | $34.1k | 12,500 | 0% | held | |
| 20 | BLUE GOLD LTD | 0.0% | $31.6k | 75,000 | 0% | held | |
| 21 | ENVOY MEDICAL INC | 0.0% | $10.2k | 262,156 | 0% | held | |
| 22 | BRAND ENGAGEMENT NETWORK INC | 0.0% | $7.3k | 166,666 | 0% | held | |
| 23 | GCT SEMICONDUCTOR HLDG INC | 0.0% | $5.6k | 75,000 | 0% | held | |
| 24 | CID HOLDCO INC | 0.0% | $5.0k | 62,500 | 0% | held | |
| 25 | CARBON REVOLUTION LTD | 0.0% | $1.0k | 141,666 | 0% | held | |
| 26 | TEVOGEN BIO HLDGS INC | 0.0% | $528 | 12,500 | 0% | held | |
| 27 | ALLURION TECHNOLOGIES INC | 0.0% | $234 | 15,311 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.