Mudrick Capital Management, L.P.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Mudrick Capital Management, L.P. maintained a portfolio of 4 distinct positions. They heavily accumulated shares in VERTICAL AEROSPACE L, increasing their position by 1.2%. Conversely, Mudrick Capital Management, L.P. completely exited their position in LUMINAR TECHNOLOGIES.
PCA Score Concentration Risk
Risk ENB
Total Positions
4
Quarter
2025 Q4
Top Holding
EVTL (78.7%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-4 of 4
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
EVTL
VERTICAL AEROSP...
Industrials 78.70% 70.81% #1
Prev: #1
10.0 650,000 1.2%
P
S
54,659,585 $291,335,588 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VRM
VROOM, INC. CMN
Financial Services 21.30% 27.09% #2
Prev: #2
8.5 no change no change
P
S
3,967,251 $78,868,950 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
LUMINAR TECHNOL...
Bond/Debt 0.00% 1.72%
Sold All 😨
(Was: #3)
0.3 -18,500,000 -100.0%
CLOSED
$— 13F Filing 2025-12-31 2026-02-14 (Est.)
LAZR
LUMINAR TECHNOL...
Consumer Cyclical 0.00% 0.37%
Sold All 😨
(Was: #4)
0.3 -769,092 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-4 of 4 holdings

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