Bracebridge Capital, LLC — 13F Holdings & Portfolio
CIK 1426486 · latest 13F-HR filed 2026-05-15
Bracebridge Capital, LLC manages $3.73B in 13F-reported U.S. long-equity assets across 44 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IWM (41.48%), GLD (11.38%), GLD (11.00%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 6 new positions, exited 5, added to 9, and trimmed 11.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$3.73B
Long-equity book
44
Distinct positions
2026-03-31
Filed 2026-05-15
+6 / −5 / ↑9 / ↓11
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SPDR GOLD TR$252.3M +159.6%
- UNITI GROUP LLC$24.0M +49.3%
- PDD HOLDINGS INC$164.8K +16.1%
- CLEAR CHANNEL OUTDOOR HLDGS$121.0K +7.2%
- BRAND ENGAGEMENT NETWORK INC$36.0K +492.2%
Top Trims
- ALVOTECH-$4.6M -33.1%
- ADT INC DEL-$3.2M -18.6%
- OPTIMUM COMMUNICATIONS INC-$2.9M -55.6%
- OCTAVE SPECIALTY GROUP INC-$1.8M -40.2%
- AQUESTIVE THERAPEUTICS INC-$1.1M -35.8%
New Positions
- TESLA INC$14.6M
- GENWORTH FINL INC$5.8M
- ISHARES TR$3.0M
- AMC ENTMT HLDGS INC$2.7M
- ATRIUM THERAPEUTICS INC$1.9M
Exited Positions
- AA MISSION ACQUISITION CORP$6.4M
- GEN DIGITAL INC$2.6M
- AA MISSION ACQUISITION CORP$50.9K
- CARBON REVOLUTION LTD$1.0K
- ALLURION TECHNOLOGIES INC$234
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ISHARES TR Put | IWM | 464287655 | $1.55B | 41.48% | 62,365 | SH |
| 2 | SPDR GOLD TR Put | GLD | 78463V957 | $424.4M | 11.38% | 9,862 | SH |
| 3 | SPDR GOLD TR | GLD | 78463V107 | $410.3M | 11.00% | 953,450 | SH |
| 4 | SELECT SECTOR SPDR TR Put | XLI | 81369Y958 | $245.9M | 6.60% | 30,000 | SH |
| 5 | STATE STR SPDR S&P 500 ETF T Call | XCNY | 78462F903 | $227.6M | 6.10% | 3,500 | SH |
| 6 | ISHARES TR Put | IFXAF | 464288953 | $214.8M | 5.76% | 27,000 | SH |
| 7 | ISHARES TR Call | IFXAF | 464287905 | $207.5M | 5.56% | 8,365 | SH |
| 8 | SPDR GOLD TR Call | GLD | 78463V907 | $86.1M | 2.31% | 2,000 | SH |
| 9 | UNITI GROUP LLC | UNIT | 912932100 | $72.6M | 1.95% | 7,743,465 | SH |
| 10 | TESLA INC Call | TSLA | 88160R901 | $53.0M | 1.42% | 1,425 | SH |
| 11 | TESLA INC Put | TSLA | 88160R951 | $53.0M | 1.42% | 1,425 | SH |
| 12 | SALESFORCE INC Call | CRM | 79466L902 | $37.3M | 1.00% | 2,000 | SH |
| 13 | WARNER BROS DISCOVERY INC Call | WBD | 934423904 | $27.5M | 0.74% | 10,000 | SH |
| 14 | ARES CAPITAL CORP Put | ARES | 04010L953 | $24.1M | 0.65% | 13,350 | SH |
| 15 | ISHARES TR Put | IGV | 464287515 | $16.0M | 0.43% | 2,000 | SH |
| 16 | TESLA INC | TSLA | 88160R101 | $14.6M | 0.39% | 39,400 | SH |
| 17 | ADT INC DEL | ADT | 00090Q103 | $14.0M | 0.37% | 2,126,000 | SH |
| 18 | ALVOTECH | ALVO | L01800108 | $9.3M | 0.25% | 2,705,304 | SH |
| 19 | GENWORTH FINL INC | GNW | 37247D106 | $5.8M | 0.16% | 714,388 | SH |
| 20 | INVESCO EXCH TRADED FD TR II Put | PDBC | 46138G958 | $5.1M | 0.14% | 2,500 | SH |
| 21 | BLACKSTONE MORTGAGE TRUST IN | BXMT | 09257W100 | $4.6M | 0.12% | 241,700 | SH |
| 22 | ALGOMA STL GROUP INC | ASTL | 015658107 | $3.8M | 0.10% | 924,931 | SH |
| 23 | ISHARES TR | HYG | 464288513 | $3.0M | 0.08% | 37,500 | SH |
| 24 | AMC ENTMT HLDGS INC | AMC | 00165C302 | $2.7M | 0.07% | 2,751,699 | SH |
| 25 | OCTAVE SPECIALTY GROUP INC | OSG | 023139884 | $2.7M | 0.07% | 579,234 | SH |
| 26 | OPTIMUM COMMUNICATIONS INC | OPTU | 02156K103 | $2.3M | 0.06% | 1,765,918 | SH |
| 27 | LIBERTY MEDIA CORP DEL | FWONA | 530715AG6 | $2.1M | 0.06% | 47,700,000 | PRN |
| 28 | PDD HOLDINGS INC Call | PDD | 722304902 | $2.0M | 0.05% | 193 | SH |
| 29 | PDD HOLDINGS INC Put | PDD | 722304952 | $2.0M | 0.05% | 193 | SH |
| 30 | AQUESTIVE THERAPEUTICS INC | AQST | 03843E104 | $1.9M | 0.05% | 459,216 | SH |
| 31 | ATRIUM THERAPEUTICS INC | RNA | 04965N104 | $1.9M | 0.05% | 139,239 | SH |
| 32 | CLEAR CHANNEL OUTDOOR HLDGS | CCO | 18453H106 | $1.8M | 0.05% | 756,426 | SH |
| 33 | TPG RE FIN TR INC | TRTX | 87266M107 | $1.4M | 0.04% | 182,157 | SH |
| 34 | PDD HOLDINGS INC | PDD | 722304102 | $1.2M | 0.03% | 11,600 | SH |
| 35 | GENERATION ESSENTIALS GROUP | TGE.WS | G38268119 | $61.8K | 0.00% | 325,000 | SH |
| 36 | CRITICAL METALS CORP | CRMLW | G2662B111 | $43.5K | 0.00% | 12,500 | SH |
| 37 | BRAND ENGAGEMENT NETWORK INC | BNAIW | 104932116 | $43.3K | 0.00% | 166,666 | SH |
| 38 | EAGLE NUCLEAR ENERGY CORP | NUCLW | 269710117 | $34.8K | 0.00% | 25,000 | SH |
| 39 | AIRJOULE TECHNOLOGIES CORP | AIRJW | 612160119 | $28.0K | 0.00% | 50,000 | SH |
| 40 | ENVOY MEDICAL INC | COCHW | 29415V117 | $17.4K | 0.00% | 262,156 | SH |
| 41 | BLUE GOLD LTD | BGLWW | G1331C112 | $15.0K | 0.00% | 75,000 | SH |
| 42 | GCT SEMICONDUCTOR HLDG INC | GCTS.WS | 36170N115 | $13.6K | 0.00% | 75,000 | SH |
| 43 | CID HOLDCO INC | DAICW | 171756117 | $1.7K | 0.00% | 62,500 | SH |
| 44 | TEVOGEN BIO HLDGS INC | TVGNW | 88165K119 | $424 | 0.00% | 12,500 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $3.73B | 44 | 0001426486-26-000004 |
| 2025-12-31 | 2026-02-17 | $3.12B | 38 | 0001426486-26-000002 |
| 2025-09-30 | 2025-11-14 | $1.91B | 36 | 0001426486-25-000007 |