Q3 2025 · 13F-HR
Solus Alternative Asset Management LPholdings as filed
Filed 2025-11-14 · accession 0001140361-25-042154
$311.9M
Reported value
9
Positions
2025-09-30
Period end
The Brief · Solus Alternative Asset Management LP · Q3 2025
AI · grounded in 13F
Solus Alternative Asset Management LP established a new position in VTOL valued at $111.01M. The fund also initiated new stakes in VEON for $46.60M and XOM for $36.23M. Other new additions include MARA HOLDINGS INC for $33.18M, VLO for $32.28M, and CVX for $27.60M. Total assets under management stand at $311.89M across 9 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 11040G103 | VTOL | BRISTOW GROUP INC | $111.0M | 35.6% | 3,076,796 | Common | SOLE |
| 91822M502 | VEON | VEON LTD | $46.6M | 14.9% | 856,102 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $36.2M | 11.6% | 321,310 | Common | SOLE |
| 565788AB2 | MARA 1 12/01/26 | MARA HOLDINGS INC | $33.2M | 10.6% | 35,620,000 | Common | SOLE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $32.3M | 10.3% | 189,577 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $27.6M | 8.85% | 177,723 | Common | SOLE |
| H8817H100 | RIG | TRANSOCEAN LTD | $13.9M | 4.47% | 4,470,000 | Common | SOLE |
| 05722G100 | BKR | BAKER HUGHES COMPANY | $7.8M | 2.50% | 160,000 | Common | SOLE |
| 17243V102 | CNK | CINEMARK HLDGS INC | $3.3M | 1.04% | 116,062 | 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.