13F holdings as of 2025-12-31 · vs 2025-09-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | TDAYUSA TODAY CO INC | ADD | 11.3M | $58.3M | 27.3% | +$12.2M |
| 2 | PUMPPROPETRO HLDG CORP | TRIM | 1.8M | $17.1M | 8.0% | +$5.1M |
| 3 | BTUPEABODY ENGR CORP | TRIM | 542K | $16.1M | 7.5% | +$1.2M |
| 4 | LIBERTY LATIN AMERICA LTD | ADD | 2.1M | $15.3M | 7.2% | -$324K |
| 5 | INDIVIOR PLC | TRIM | 410K | $14.7M | 6.9% | +$3.2M |
| 6 | AMRALPHA METALLURGICAL RESOUR I | TRIM | 69K | $13.8M | 6.5% | +$2.3M |
| 7 | GNWGENWORTH FINL INC | ADD | 1.2M | $11.0M | 5.2% | +$3.1M |
| 8 | CCCHEMOURS CO | ADD | 875K | $10.3M | 4.8% | -$2.4M |
| 9 | PEGPUBLIC SVC ENTERPRISE GROUP | TRIM | 124K | $9.9M | 4.7% | -$808K |
| 10 | ABXABACUS GLOBAL MGMT INC | 1.1M | $9.4M | 4.4% | +$3.1M | |
| 11 | EXEEXPAND ENERGY CORPORATION | 83K | $9.2M | 4.3% | +$342K | |
| 12 | ACHRARCHER AVIATION INC | TRIM | 1.2M | $8.8M | 4.1% | -$4.0M |
| 13 | HPPHUDSON PACIFIC PROPERTIES IN | NEW | 529K | $5.7M | 2.7% | new |
| 14 | HYHGPROSHARES TR | NEW | 49K | $3.1M | 1.5% | new |
| 15 | CYHCOMMUNITY HEALTH SYS INC NEW | 842K | $2.6M | 1.2% | -$76K | |
| 16 | ARQARQ INC | TRIM | 781K | $2.6M | 1.2% | -$3.5M |
| 17 | HTZWWHERTZ GLOBAL HLDGS INC | 745K | $2.0M | 0.9% | -$775K | |
| 18 | OPTUOPTIMUM COMMUNICATIONS INC | NEW | 750K | $1.2M | 0.6% | new |
| 19 | MBIMBIA INC | 149K | $1.1M | 0.5% | -$43K | |
| 20 | ALITALIGHT INC | 530K | $1.0M | 0.5% | -$695K | |
| 21 | TRINSEO PLC | 153K | $76K | 0.0% | -$283K |
Source: SEC Form 13F. Values are as-of 2025-12-31 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).