Q2 2025 · 13F-HR
BRIGADE CAPITAL MANAGEMENT, LPholdings as filed
Filed 2025-08-14 · accession 0000919574-25-004815
$435.8M
Reported value
15
Positions
2025-06-30
Period end
The Brief · BRIGADE CAPITAL MANAGEMENT, LP · Q2 2025
AI · grounded in 13F
BRIGADE CAPITAL MANAGEMENT, LP established a new position in LQD valued at $219.22M. The fund also initiated a new stake in IWM for $129.47M. Additional new positions include Nabors Industries Ltd at $24.63M and LUMN at $12.7M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287242 | LQD | ISHARES TR | $219.2M | 50.3% | 2,000,000 | PUT | SOLE |
| 464287655 | IWM | ISHARES TR | $129.5M | 29.7% | 600,000 | CALL | SOLE |
| G6359F137 | NBR | NABORS INDUSTRIES LTD | $24.6M | 5.65% | 878,641 | Common | SOLE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $12.7M | 2.91% | 2,900,000 | Common | SOLE |
| 516544103 | LNTH | LANTHEUS HLDGS INC | $11.7M | 2.69% | 143,145 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $9.2M | 2.10% | 78,386 | Common | SOLE |
| 530715AL5 | LINTA 3.75 02/15/30 | LIBERTY MEDIA CORP DEL | $7.4M | 1.69% | 79,114,000 | Common | SOLE |
| 27923Q109 | ECVT | ECOVYST INC | $6.7M | 1.54% | 817,255 | Common | SOLE |
| 34986A104 | FWRD | FORWARD AIR CORP | $5.4M | 1.24% | 220,850 | Common | SOLE |
| 25525P107 | DHC | DIVERSIFIED HEALTHCARE TR | $3.9M | 0.89% | 1,081,643 | Common | SOLE |
| 81761L102 | SVC | SERVICE PPTYS TR | $2.6M | 0.59% | 1,075,000 | Common | SOLE |
| 31738L206 | FOA | FINANCE OF AMERICA COMPAN | $1.3M | 0.30% | 57,000 | Common | SOLE |
| 530715AG6 | LINTA 4 11/15/29 | LIBERTY MEDIA CORP DEL | $864,211 | 0.20% | 8,624,000 | Common | SOLE |
| 074014200 | BBGI | BEASLEY BROADCAST GROUP INC | $476,706 | 0.11% | 136,455 | Common | SOLE |
| 165167180 | EXEEL | EXPAND ENERGY CORPORATION | $258,648 | 0.06% | 2,398 | 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.