Q4 2025 · 13F-HR
Anchorage Capital Advisors, L.P.holdings as filed
Filed 2026-02-17 · accession 0000905148-26-000875
$807.3M
Reported value
5
Positions
2025-12-31
Period end
The Brief · Anchorage Capital Advisors, L.P. · Q4 2025
AI · grounded in 13F
Anchorage Capital Advisors, L.P. established a new position in HYG valued at $701.48M. The fund also increased its stake in XIFR by 109.81%. Conversely, it closed its position in AMBP, reducing its holdings by $9.78M, and trimmed its stake in GBTG by 49.99%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464288513 | HYG | ISHARES TR | $701.5M | 86.9% | 8,700,000 | PUT | SOLE |
| 65341B106 | XIFR | XPLR INFRASTRUCTURE LP | $69.0M | 8.55% | 6,899,310 | Common | SOLE |
| 37890B100 | GBTG | GLOBAL BUSINESS TRAVEL GROUP | $27.5M | 3.41% | 3,593,635 | Common | SOLE |
| 530715AL5 | LINTA 3.75 02/15/30 | LIBERTY MEDIA CORP DEL | $5.9M | 0.73% | 95,578,000 | Common | SOLE |
| 530715AG6 | LINTA 4 11/15/29 | LIBERTY MEDIA CORP DEL | $3.5M | 0.43% | 54,668,000 | 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.