Q4 2025 · 13F-HR
Diameter Capital Partners LPholdings as filed
Filed 2026-02-17 · accession 0001172661-26-000929
$1.09B
Reported value
40
Positions
2025-12-31
Period end
The Brief · Diameter Capital Partners LP · Q4 2025
AI · grounded in 13F
Diameter Capital Partners LP closed its position in SPY, reducing exposure by $427.69M. The fund also exited positions in IWM for $68.96M and WBD for $43.94M. To offset these sales, the fund established new positions in HCA for $56.02M and CZR for $54.97M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 278768106 | SATS | ECHOSTAR CORP | $409.6M | 37.4% | 3,767,928 | Common | SOLE |
| 57638P104 | MBC | MASTERBRAND INC | $66.4M | 6.06% | 6,010,410 | Common | SOLE |
| 40412C101 | HCA | HCA HEALTHCARE INC | $56.0M | 5.12% | 120,000 | PUT | SOLE |
| 879433829 | TDS | TELEPHONE & DATA SYS INC | $43.8M | 4.00% | 1,067,297 | Common | SOLE |
| 01609WBG6 | BABA 0.5 06/01/31 | ALIBABA GROUP HLDG LTD | $41.3M | 3.78% | 40,000,000 | Common | SOLE |
| 146280508 | SILA | SILA REALTY TRUST INC | $40.8M | 3.73% | 1,750,000 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $35.1M | 3.21% | 1,500,000 | CALL | SOLE |
| 302635206 | FSK | FS KKR CAP CORP | $33.7M | 3.08% | 2,272,393 | Common | SOLE |
| 00130H105 | AES | AES CORP | $28.0M | 2.56% | 1,950,000 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $23.5M | 2.15% | 75,000 | CALL | SOLE |
| 02376R102 | AAL | AMERICAN AIRLS GROUP INC | $23.0M | 2.10% | 1,500,000 | PUT | SOLE |
| L02235106 | AMBP | ARDAGH METAL PACKAGING S A | $22.0M | 2.01% | 5,376,366 | Common | SOLE |
| G4253H101 | JHX | JAMES HARDIE INDS PLC | $20.8M | 1.90% | 1,000,000 | Common | SOLE |
| G0R78B122 | BCSS/U | BAIN CAP GSS INVT CORP | $20.4M | 1.87% | 2,000,000 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $19.9M | 1.82% | 850,000 | Common | SOLE |
| 29364G103 | ETR | ENTERGY CORP NEW | $19.2M | 1.76% | 208,000 | Common | SOLE |
| 25401T603 | DBRG | DIGITALBRIDGE GROUP INC | $19.2M | 1.75% | 1,250,000 | Common | SOLE |
| 30034W106 | EVRG | EVERGY INC | $18.8M | 1.72% | 260,000 | Common | SOLE |
| 55939A107 | MAGN | MAGNERA CORP | $18.3M | 1.67% | 1,205,793 | Common | SOLE |
| 67090S108 | NCDL | NUVEEN CHURCHILL DIRECT LEND | $16.3M | 1.49% | 1,220,800 | Common | SOLE |
| 338307AF8 | FIVN 1 03/15/29 | FIVE9 INC | $15.8M | 1.45% | 17,550,000 | Common | SOLE |
| 74967X103 | RH | RH | $13.1M | 1.20% | 73,000 | Common | SOLE |
| 03761U502 | MFIC | MIDCAP FINANCIAL INVSTMNT CO | $11.6M | 1.06% | 1,013,005 | Common | SOLE |
| 70806A106 | PFLT | PENNANTPARK FLOATING RATE CA | $11.0M | 1.00% | 1,184,476 | Common | SOLE |
| 912932100 | UNIT | UNITI GROUP LLC | $10.5M | 0.96% | 1,500,000 | Common | SOLE |
| 58507V107 | MDLN | MEDLINE INC | $10.5M | 0.96% | 250,000 | Common | SOLE |
| 06759L103 | BBDC | BARINGS BDC INC | $8.9M | 0.81% | 966,370 | Common | SOLE |
| 83413U100 | SLRC | SLR INVESTMENT CORP | $6.1M | 0.56% | 395,389 | Common | SOLE |
| 97785W106 | WOLF | WOLFSPEED INC | $6.0M | 0.55% | 347,427 | Common | SOLE |
| 02156K103 | OPTU | OPTIMUM COMMUNICATIONS INC | $5.3M | 0.48% | 3,188,947 | Common | SOLE |
| 753422AH7 | RPD 1.25 03/15/29 | RAPID7 INC | $4.6M | 0.42% | 5,000,000 | Common | SOLE |
| 903731107 | ULS | UL SOLUTIONS INC | $3.9M | 0.36% | 50,000 | Common | SOLE |
| 588056101 | MERC | MERCER INTL INC | $2.2M | 0.20% | 1,100,397 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $1.5M | 0.13% | 1,350 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $1.4M | 0.13% | 13,750 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $1.4M | 0.13% | 10,400 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $1.4M | 0.13% | 15,000 | Common | SOLE |
| 80105N105 | SNY | SANOFI SA | $1.4M | 0.12% | 28,000 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $1.3M | 0.12% | 53,000 | Common | SOLE |
| 530715AL5 | LINTA 3.75 02/15/30 | LIBERTY MEDIA CORP DEL | $479,541 | 0.04% | 7,794,874 | 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.