Q4 2025 Holdings
Filed 2026-02-10 | 17 holdings | $258.5M | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Velocity Finl Inc(VEL) | COM | 92262D101 | $124.5M | 5,995,466 | 48.2% |
| Diebold Nixdorf Inc(DBD) | COM SHS | 253651202 | $74.6M | 1,099,502 | 28.9% |
| Claritev Corporation(CTEV) | CL A NEW | 62548M209 | $32.3M | 755,002 | 12.5% |
| Finance of America Compan(FOA) | CL A NEW | 31738L206 | $19.1M | 789,399 | 7.4% |
| Velocity Finl Inc(VEL)Call | COM | 92262D101 | $2.1M | 952,100 | 0.8% |
| Ishares TR(HYG)Put | IBOXX HI YD ETF | 464288513 | $2.0M | 4,764,200 | 0.8% |
| KKR Real Estate FIN TR Inc(KREF) | COM | 48251K100 | $1.6M | 198,743 | 0.6% |
| WW Intl Inc(WW) | COM NEW | 98262P200 | $910.1K | 31,152 | 0.4% |
| Ishares TR(HYG)Call | IBOXX HI YD ETF | 464288513 | $465.2K | 6,910,500 | 0.2% |
| Agnc Invt Corp(AGNC)Put | COM | 00123Q104 | $327.0K | 5,279,700 | 0.1% |
| SLM Corp(SLM)Put | COM | 78442P106 | $255.5K | 1,277,600 | 0.1% |
| Ishares TR(FXI)Put | CHINA LG-CAP ETF | 464287184 | $179.0K | 1,627,000 | 0.1% |
| Ishares TR(EEM)Put | MSCI EMG MKT ETF | 464287234 | $72.0K | 600,000 | 0.0% |
| Ready Capital Corp(RC)Call | COM | 75574U101 | $25.0K | 500,000 | 0.0% |
| Hercules Capital Inc(HTGC)Put | COM | 427096508 | $12.1K | 40,200 | 0.0% |
| Spdr S&P 500 ETF TR(SPY)Put | TR UNIT | 78462F103 | $750 | 75,000 | 0.0% |
| Invesco QQQ TR(QQQ)Put | UNIT SER 1 | 46090E103 | $500 | 50,000 | 0.0% |