Diameter Capital Partners LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Diameter Capital Partners LP maintained a portfolio of 67 distinct positions. The most significant new addition to the portfolio was HCA HEALTHCARE INC, which now represents 5.12% of the total fund value. They heavily accumulated shares in MASTERBRAND INC, increasing their position by 18.8%. Conversely, Diameter Capital Partners LP completely exited their position in FUTURECREST ACQUISIT.
PCA Score Concentration Risk
Risk ENB
Total Positions
67
Quarter
2025 Q4
Top Holding
SATS (37.4%)
Top 10 Concentration
71.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 67
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
SATS
ECHOSTAR CORP
Communication Services 37.43% 28.07% #1
Prev: #1
6.0 -2,195,331 -36.8%
P
S
3,767,928 $409,573,774 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MBC
MASTERBRAND INC
Consumer Cyclical 6.06% 4.11% #2 2
Prev: #4
5.9 950,000 18.8%
P
S
6,010,410 $66,354,926 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
HCA
HCA HEALTHCARE ...
PUT
PUT Option 5.12% #3
Prev: #—
6.5 120,000 no change
NEW
120,000 $56,023,200 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TDS
TELEPHONE & DAT...
Communication Services 4.00% 2.48% #4 2
Prev: #6
2.6 42,297 4.1%
P
S
1,067,297 $43,759,177 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
ALIBABA GROUP H...
Bond/Debt 3.78% #5
Prev: #—
5.5 40,000,000 no change
NEW
40,000,000 $41,307,800 13F Filing 2025-12-31 2026-02-14 (Est.)
SILA
SILA REALTY TRU...
Real Estate 3.73% 2.17% #6 1
Prev: #7
4.0 348,173 24.8%
P
S
1,750,000 $40,792,500 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CZR
CAESARS ENTERTA...
CALL
CALL Option 3.21% #7
Prev: #—
4.8 1,500,000 no change
NEW
1,500,000 $35,085,000 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FSK
FS KKR CAP CORP
Financial Services 3.08% #8
Prev: #—
4.7 2,272,393 no change
NEW
2,272,393 $33,654,140 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AES
AES CORP
Utilities 2.56% 1.48% #9 2
Prev: #11
3.0 125,000 6.8%
P
S
1,950,000 $27,963,000 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC
CALL
CALL Option 2.15% #10
Prev: #—
4.4 75,000 no change
NEW
75,000 $23,475,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAL
AMERICAN AIRLS ...
PUT
PUT Option 2.10% #11
Prev: #—
4.3 1,500,000 no change
NEW
1,500,000 $22,995,000 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AMBP
ARDAGH METAL PA...
Consumer Cyclical 2.01% 1.25% #12 4
Prev: #16
2.8 286,553 5.6%
P
S
5,376,366 $22,043,101 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
JAMES HARDIE IN...
Unknown 1.90% 0.47% #13 19
Prev: #32
3.8 600,000 150.0%
P
S
1,000,000 $20,750,000 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
BAIN CAP GSS IN...
Unknown 1.87% 1.24% #14 4
Prev: #18
1.7 no change no change
P
S
2,000,000 $20,440,000 13F Filing 2025-12-31 2026-02-14 (Est.)
CZR
CAESARS ENTERTA...
Consumer Cyclical 1.82% #15
Prev: #—
4.2 850,000 no change
NEW
850,000 $19,881,500 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ETR
ENTERGY CORP NE...
Utilities 1.76% 1.03% #16 8
Prev: #24
2.7 28,000 15.6%
P
S
208,000 $19,225,440 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DBRG
DIGITALBRIDGE G...
Financial Services 1.75% #17
Prev: #—
4.2 1,250,000 no change
NEW
1,250,000 $19,175,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EVRG
EVERGY INC
Utilities 1.72% 1.03% #18 7
Prev: #25
2.7 40,000 18.2%
P
S
260,000 $18,847,400 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MAGN
MAGNERA CORP
Consumer Defensive 1.67% 0.33% #19 14
Prev: #33
3.7 745,480 162.0%
P
S
1,205,793 $18,255,706 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NCDL
NUVEEN CHURCHIL...
Financial Services 1.49% #20
Prev: #—
4.1 1,220,800 no change
NEW
1,220,800 $16,285,472 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
FIVE9 INC
Bond/Debt 1.45% #21
Prev: #—
4.1 17,550,000 no change
NEW
17,550,000 $15,833,522 13F Filing 2025-12-31 2026-02-14 (Est.)
RH
RH
Consumer Cyclical 1.20% 0.25% #22 14
Prev: #36
3.5 53,000 265.0%
P
S
73,000 $13,077,950 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MFIC
MIDCAP FINANCIA...
Financial Services 1.06% #23
Prev: #—
3.9 1,013,005 no change
NEW
1,013,005 $11,588,777 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PFLT
PENNANTPARK FLO...
Financial Services 1.00% #24
Prev: #—
3.9 1,184,476 no change
NEW
1,184,476 $10,980,093 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UNIT
UNITI GROUP LLC
Real Estate 0.96% #25
Prev: #—
3.9 1,500,000 no change
NEW
1,500,000 $10,515,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MDLN
MEDLINE INC
Healthcare 0.96% #26
Prev: #—
3.9 250,000 no change
NEW
250,000 $10,500,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BBDC
BARINGS BDC INC
Financial Services 0.81% #27
Prev: #—
3.8 966,370 no change
NEW
966,370 $8,871,277 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SLRC
SLR INVESTMENT ...
Financial Services 0.56% #28
Prev: #—
3.7 395,389 no change
NEW
395,389 $6,112,714 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WOLF
WOLFSPEED INC
Technology 0.55% #29
Prev: #—
3.7 347,427 no change
NEW
347,427 $6,048,704 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ATUS
OPTIMUM COMMUNI...
Unknown 0.48% 1.45% #30 18
Prev: #12
0.2 -6,581,213 -67.4%
P
S
3,188,947 $5,261,763 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
RAPID7 INC
Bond/Debt 0.42% #31
Prev: #—
3.7 5,000,000 no change
NEW
5,000,000 $4,559,575 13F Filing 2025-12-31 2026-02-14 (Est.)
ULS
UL SOLUTIONS IN...
Industrials 0.36% #32
Prev: #—
3.6 50,000 no change
NEW
50,000 $3,943,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MERC
MERCER INTL INC
Basic Materials 0.20% #33
Prev: #—
3.6 1,100,397 no change
NEW
1,100,397 $2,178,786 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LLY
ELI LILLY & CO
Healthcare 0.13% #34
Prev: #—
3.6 1,350 no change
NEW
1,350 $1,450,818 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MRK
MERCK & CO INC
Healthcare 0.13% #35
Prev: #—
3.6 13,750 no change
NEW
13,750 $1,447,325 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NVS
NOVARTIS AG
Healthcare 0.13% #36
Prev: #—
3.6 10,400 no change
NEW
10,400 $1,433,848 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AZN
ASTRAZENECA PLC
Healthcare 0.13% #37
Prev: #—
3.6 15,000 no change
NEW
15,000 $1,378,950 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SNY
SANOFI SA
Healthcare 0.12% #38
Prev: #—
3.5 28,000 no change
NEW
28,000 $1,356,880 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PFE
PFIZER INC
Healthcare 0.12% #39
Prev: #—
3.5 53,000 no change
NEW
53,000 $1,319,700 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
LIBERTY MEDIA C...
Unknown 0.04% 0.04% #40
Prev: #40
1.0 no change no change
P
S
7,794,874 $479,541 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
FUTURECREST ACQ...
Unknown 0.00% 0.02%
Sold All 😨
(Was: #41)
0.0 -25,000 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
DRUGS MADE IN A...
Unknown 0.00% 0.06%
Sold All 😨
(Was: #39)
0.0 -100,000 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
CANTOR EQUITY P...
Unknown 0.00% 0.09%
Sold All 😨
(Was: #38)
0.0 -150,000 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
HI
HILLENBRAND INC
Industrials 0.00% 0.13%
Sold All 😨
(Was: #37)
0.0 -75,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NBR
NABORS INDUSTRI...
Energy 0.00% 0.25%
Sold All 😨
(Was: #35)
0.0 -100,000 -100.0%
CLOSED
$— 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
METC
RAMACO RES INC
Basic Materials 0.00% 0.26%
Sold All 😨
(Was: #34)
0.0 -125,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LITE
LUMENTUM HLDGS ...
Technology 0.00% 0.48%
Sold All 😨
(Was: #31)
0.0 -48,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FWONK
LIBERTY MEDIA C...
Communication Services 0.00% 0.52%
Sold All 😨
(Was: #30)
0.0 -80,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CIEN
CIENA CORP
Technology 0.00% 0.56%
Sold All 😨
(Was: #29)
0.0 -62,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ATNF
ETHZILLA CORPOR...
Unknown 0.00% 0.58%
Sold All 😨
(Was: #28)
0.0 -3,903,288 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 67 holdings

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