Caspian Capital LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Caspian Capital LP disclosed 11 US equity positions worth $151.2m in its Q4 2025 13F filing. The largest position was BLCO at 22.6% of the reported book, followed by FIP and FTAI AVIATION LTD. Against the Q3 2024 filing, it opened 7 new positions, added to 2 and reduced 1 among the top 11 holdings.
What did Caspian Capital LP own in Q4 2025? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | BLCO BAUSCH PLUS LOMB CORP | 22.6% | $34.1m | 1,999,043 | 208% | added | |
| 2 | FIP FTAI INFRASTRUCTURE INC | 15.9% | $24.0m | 5,211,307 | 19% | added | |
| 3 | FTAI AVIATION LTD | 14.5% | $21.9m | 111,441 | – | new | |
| 4 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 13.6% | $20.5m | 9,275,000 | – | new |
| 5 | PACS PACS GROUP INC | Healthcare | 9.7% | $14.6m | 381,195 | – | new |
| 6 | ATRO ASTRONICS CORP | Industrials | 8.2% | $12.4m | 227,724 | – | new |
| 7 | CTEV CLARITEV CORPORATION | 7.1% | $10.7m | 250,000 | – | new | |
| 8 | HDSN HUDSON TECHNOLOGIES INC | Basic Materials | 3.3% | $5.0m | 728,306 | -14% | reduced |
| 9 | FUN SIX FLAGS ENTERTAINMENT CORP | 2.8% | $4.2m | 276,225 | – | new | |
| 10 | XPOF XPONENTIAL FITNESS INC | Consumer Cyclical | 2.5% | $3.7m | 450,355 | – | new |
| 11 | SUNCAR TECHNOLOGY GROUP INC | 0.0% | $1.9k | 50,000 | 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.