Q3 2025 · 13F-HR
PPM AMERICA INC/ILholdings as filed
Filed 2025-11-12 · accession 0000898417-25-000012
$18.6M
Reported value
6
Positions
2025-09-30
Period end
The Brief · PPM AMERICA INC/IL · Q3 2025
AI · grounded in 13F
PPM AMERICA INC/IL established a new position in USHY valued at $8.58M. The fund also initiated new stakes in MPLX for $4.36M and SANG for $3.40M. Additional new positions include CCO, IHRT, and SATS.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46435U853 | USHY | ISHARES BROAD USD HI | $8.6M | 46.1% | 227,053 | Common | SOLE |
| 55336V100 | MPLX | MPLX LP | $4.4M | 23.4% | 87,200 | Common | SOLE |
| 80100R408 | SANG | Sangoma Technologies | $3.4M | 18.3% | 688,523 | Common | SOLE |
| 18453H106 | CCO | Clear Channel Outdoo | $1.1M | 5.99% | 705,613 | Common | SOLE |
| 45174J509 | IHRT | iHeartMedia Inc | $851,261 | 4.58% | 296,607 | Common | SOLE |
| 278768106 | SATS | EchoStar Corp | $299,942 | 1.61% | 3,928 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.