AI Portfolio Summary
In 2025 Q4, Bracebridge Capital, LLC maintained a portfolio of 45 distinct positions. The most significant new addition to the portfolio was SPDR GOLD TR, which now represents 12.08% of the total fund value. Conversely, Bracebridge Capital, LLC completely exited their position in INVESCO QQQ TR.
Total Positions
45
Quarter
2025 Q4
Top Holding
N/A (33.5%)
Top 10 Concentration
96.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 45
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
N/A
PUT
ISHARES TR
|
—
|
PUT Option | 33.50% | 29.83% |
#1
Prev: #1
|
10.0 | 59,500 | 85.0% |
P
S
|
129,500 | $1,044,158,500 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
ISHARES TR
|
—
|
PUT Option | 16.28% | 9.67% |
#2
3
Prev: #5
|
8.8 | 13,000 | 170.7% |
P
S
|
20,615 | $507,458,840 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
SPDR GOLD TR
|
—
|
PUT Option | 12.08% | — |
#3
Prev: #—
|
6.8 | 9,500 | no change |
NEW
|
9,500 | $376,494,500 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CALL
ISHARES TR
|
—
|
CALL Option | 11.90% | 13.10% |
#4
Prev: #4
|
6.9 | 4,750 | 46.0% |
P
S
|
15,065 | $370,840,040 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CALL
SPDR S&P 500 ET...
|
—
|
CALL Option | 6.92% | 2.20% |
#5
3
Prev: #8
|
5.1 | 2,535 | 402.4% |
P
S
|
3,165 | $215,827,680 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CALL
SPDR GOLD TR
|
—
|
CALL Option | 5.09% | — |
#6
Prev: #—
|
4.0 | 4,000 | no change |
NEW
|
4,000 | $158,524,000 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
GLD
SPDR GOLD TR
|
ETF | 5.07% | — |
#7
Prev: #—
|
4.0 | 398,700 | no change |
NEW
|
398,700 | $158,008,797 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
CALL
CORE SCIENTIFIC...
|
—
|
CALL Option | 2.79% | — |
#8
Prev: #—
|
3.1 | 59,822 | no change |
NEW
|
59,822 | $87,100,832 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CALL
TESLA INC
|
—
|
CALL Option | 1.59% | — |
#9
Prev: #—
|
2.6 | 1,100 | no change |
NEW
|
1,100 | $49,469,200 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
UNIT
UNITI GROUP LLC
|
Real Estate | 1.56% | 2.23% |
#10
3
Prev: #7
|
0.6 | no change | no change |
P
S
|
6,941,775 | $48,661,843 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
CALL
KRANESHARES TRU...
|
—
|
CALL Option | 0.87% | — |
#11
Prev: #—
|
2.3 | 8,000 | no change |
NEW
|
8,000 | $27,240,000 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
ADT
ADT INC DEL
|
Industrials | 0.55% | 0.97% |
#12
2
Prev: #10
|
0.2 | no change | no change |
P
S
|
2,126,000 | $17,156,820 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ALVO
ALVOTECH
|
Healthcare | 0.45% | 1.16% |
#13
4
Prev: #9
|
0.2 | no change | no change |
P
S
|
2,705,304 | $13,878,210 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AAM
AA MISSION ACQU...
|
Financial Services | 0.21% | 0.33% |
#14
2
Prev: #12
|
0.1 | no change | no change |
P
S
|
600,000 | $6,402,000 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ATUS
OPTIMUM COMMUNI...
|
Unknown | 0.17% | 0.72% |
#15
4
Prev: #11
|
0.2 | -2,596,047 | -45.3% |
P
S
|
3,131,018 | $5,166,180 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BXMT
BLACKSTONE MTG ...
|
Real Estate | 0.15% | 0.21% |
#16
Prev: #16
|
2.1 | 25,000 | 11.5% |
P
S
|
241,700 | $4,623,721 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMBC
OCTAVE SPECIALT...
|
Unknown | 0.14% | 0.25% |
#17
3
Prev: #14
|
0.1 | no change | no change |
P
S
|
579,234 | $4,506,441 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ASTL
ALGOMA STL GROU...
|
Basic Materials | 0.12% | 0.17% |
#18
1
Prev: #19
|
0.0 | no change | no change |
P
S
|
924,931 | $3,792,217 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AQST
AQUESTIVE THERA...
|
Healthcare | 0.10% | 0.13% |
#19
1
Prev: #20
|
0.0 | no change | no change |
P
S
|
459,216 | $2,966,535 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
LIBERTY MEDIA C...
|
—
|
Unknown | 0.09% | 0.25% |
#20
5
Prev: #15
|
0.0 | no change | no change |
P
S
|
47,700,000 | $2,883,545 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
GENVR
GEN DIGITAL INC
|
Unknown | 0.08% | 0.32% |
#21
8
Prev: #13
|
0.1 | -257,028 | -30.7% |
P
S
|
579,230 | $2,618,120 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
PUT
PDD HOLDINGS IN...
|
—
|
PUT Option | 0.07% | — |
#23
Prev: #—
|
2.0 | 193 | no change |
NEW
|
193 | $2,188,427 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CALL
PDD HOLDINGS IN...
|
—
|
CALL Option | 0.07% | — |
#22
Prev: #—
|
2.0 | 193 | no change |
NEW
|
193 | $2,188,427 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
CCO
CLEAR CHANNEL O...
|
Communication Services | 0.05% | 0.06% |
#24
2
Prev: #22
|
0.0 | no change | no change |
P
S
|
756,426 | $1,671,701 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TRTX
TPG RE FIN TR I...
|
Real Estate | 0.05% | 0.08% |
#25
4
Prev: #21
|
0.0 | no change | no change |
P
S
|
182,157 | $1,568,372 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
PUT
INVESCO QQQ TR
|
—
|
PUT Option | 0.00% | 16.31% |
Sold All 😨
(Was: #3) |
0.3 | -5,175 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CALL
INVESCO QQQ TR
|
—
|
CALL Option | 0.00% | 16.31% |
Sold All 😨
(Was: #2) |
0.3 | -5,175 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
RSP
INVESCO EXCHANG...
|
Unknown | 0.00% | 5.27% |
Sold All 😨
(Was: #6) |
0.3 | -529,100 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IWM
ISHARES TR
|
ETF | 0.00% | 0.20% |
Sold All 😨
(Was: #17) |
0.3 | -16,080 | -100.0% |
CLOSED
|
— | $— | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MAGN
MAGNERA CORP
|
Consumer Defensive | 0.00% | 0.19% |
Sold All 😨
(Was: #18) |
0.3 | -316,854 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SVIIW
SPRING VALLEY A...
|
Unknown | 0.00% | 0.00% |
Sold All 😨
(Was: #27) |
0.3 | -25,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SVIIR
SPRING VALLEY A...
|
Unknown | 0.00% | 0.00% |
Sold All 😨
(Was: #29) |
0.3 | -50,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 45 holdings