Q3 2025 · 13F-HR
Compass Rose Asset Management, LPholdings as filed
Filed 2025-11-14 · accession 0001758811-25-000009
$598.0M
Reported value
19
Positions
2025-09-30
Period end
The Brief · Compass Rose Asset Management, LP · Q3 2025
AI · grounded in 13F
Compass Rose Asset Management, LP established a new position in KRE valued at $196.03M. The fund also initiated new stakes in WBD for $82.51M and JD.COM INC bonds for $81.19M. Additional new positions include PCG bonds at $50.75M, SPY at $36.11M, and KVUE at $32.95M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78464A698 | KRE | SPDR SERIES TRUST | $177.2M | 29.6% | 2,800,000 | CALL | SOLE |
| 47215PAJ5 | JD 0.25 06/01/29 | JD.COM INC | $81.2M | 13.6% | 75,000,000 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $71.8M | 12.0% | 3,675,000 | CALL | SOLE |
| 69331CAL2 | PCG 4.25 12/01/27 | PG&E CORP | $50.8M | 8.49% | 50,000,000 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $36.1M | 6.04% | 54,200 | CALL | SOLE |
| 49177J102 | KVUE | KENVUE INC | $28.4M | 4.75% | 1,750,000 | CALL | SOLE |
| 03040WBE4 | AWK 3.625 06/15/26 | AMERICAN WTR CAP CORP | $25.1M | 4.19% | 25,000,000 | Common | SOLE |
| 500754106 | KHC | KRAFT HEINZ CO | $23.4M | 3.92% | 900,000 | Common | SOLE |
| 464286400 | EWZ | ISHARES INC | $23.3M | 3.89% | 750,000 | PUT | SOLE |
| 78464A698 | KRE | SPDR SERIES TRUST | $18.9M | 3.15% | 298,000 | Common | SOLE |
| 071705107 | BLCO | BAUSCH PLUS LOMB CORP | $15.1M | 2.52% | 1,000,000 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $10.7M | 1.80% | 550,000 | Common | SOLE |
| 750236101 | RDN | RADIAN GROUP INC | $10.0M | 1.67% | 275,000 | Common | SOLE |
| 86959K105 | SUZ | SUZANO S A | $9.9M | 1.66% | 1,055,000 | Common | SOLE |
| 02156K103 | OPTU | ALTICE USA INC | $6.0M | 1.01% | 2,500,000 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $4.5M | 0.76% | 280,000 | Common | SOLE |
| 53626N102 | LION | LIONSGATE STUDIOS CORP | $3.5M | 0.58% | 500,000 | Common | SOLE |
| 071734107 | BHC | BAUSCH HEALTH COS INC | $1.6M | 0.27% | 250,000 | Common | SOLE |
| 92512J106 | VBNK | VERSABANK NEW | $720,390 | 0.12% | 59,000 | 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.