Black Diamond Capital Management I, LLLP Concentrated Active

CIK: 0002084285 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $150,244 (100.0% shares, 0.0% debt)

Holdings (12)

Increased Positions (1)

KVHI KVH INDS INC 16.2%

Value ($000) $24,385 (+28.2%) Shares 3,498,596 (+3.0%) Est. Cost $5.57 Unrealized +8.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KVHI	KVH INDS INC	3,498,596 (+3.0%)	$24,385 (+28.2%)	16.2%	$5.57	+8.5%	COM	482738101

Exited Positions (2)

MAGN MAGNERA CORP 5.9%

Value ($000) $8,790 Shares 750,000 Est. Cost $12.42 Unrealized -6.7%

WCC WESCO INTL INC 0.1%

Value ($000) $212 Shares 1,000 Est. Cost $209.31 Unrealized +17.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MAGN	MAGNERA CORP	750,000	$8,790	5.9%	$12.42	-6.7%	—	55939A107
WCC	WESCO INTL INC	1,000	$212	0.1%	$209.31	+17.0%	—	95082P105

Unchanged Positions (11)

CPSS CONSUMER PORTFOLIO SVCS INC 31.8%

Value ($000) $47,836 Shares 5,127,165 Est. Cost $8.53 Unrealized -1.5%

FUN SIX FLAGS ENTERTAINMENT CORP 3.4%

Value ($000) $5,061 Shares 329,920 Est. Cost $26.56 Unrealized -31.9%

VZ VERIZON COMMUNICATIONS INC 16.9%

Value ($000) $25,382 Shares 623,171 Est. Cost $42.49 Unrealized -4.7%

UBS UBS GROUP AG 6.2%

Value ($000) $9,262 Shares 200,000 Est. Cost $38.84 Unrealized +4.0%

CPHC CANTERBURY PK HLDG CORP 8.8%

Value ($000) $13,231 Shares 859,169 Est. Cost $17.29 Unrealized -9.7%

WYNN WYNN RESORTS LTD 8.3%

Value ($000) $12,413 Shares 103,158 Est. Cost $115.07 Unrealized +7.4%

CLW CLEARWATER PAPER CORP 1.4%

Value ($000) $2,149 Shares 123,508 Est. Cost $24.16 Unrealized -23.7%

BYD BOYD GAMING CORP 4.7%

Value ($000) $6,990 Shares 82,000 Est. Cost $83.67 Unrealized -1.7%

CVGI COMMERCIAL VEH GROUP INC 0.3%

Value ($000) $504 Shares 350,000 Est. Cost $1.83 Unrealized -13.0%

NOTV INOTIV INC 0.0%

Value ($000) $11 Shares 19,756 Est. Cost $1.78 Unrealized -41.4%

BRK/A BERKSHIRE HATHAWAY INC DEL 2.0%

Value ($000) $3,019 Shares 4 Est. Cost $726917.40 Unrealized +2.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CPSS	CONSUMER PORTFOLIO SVCS INC	5,127,165	$47,836	31.8%	$8.53	-1.5%	COM	210502100
FUN	SIX FLAGS ENTERTAINMENT CORP	329,920	$5,061	3.4%	$26.56	-31.9%	COM	83001C108
VZ	VERIZON COMMUNICATIONS INC	623,171	$25,382	16.9%	$42.49	-4.7%	COM	92343V104
UBS	UBS GROUP AG	200,000	$9,262	6.2%	$38.84	+4.0%	SHS	H42097107
CPHC	CANTERBURY PK HLDG CORP	859,169	$13,231	8.8%	$17.29	-9.7%	COM	13811E101
WYNN	WYNN RESORTS LTD	103,158	$12,413	8.3%	$115.07	+7.4%	COM	983134107
CLW	CLEARWATER PAPER CORP	123,508	$2,149	1.4%	$24.16	-23.7%	COM	18538R103
BYD	BOYD GAMING CORP	82,000	$6,990	4.7%	$83.67	-1.7%	COM	103304101
CVGI	COMMERCIAL VEH GROUP INC	350,000	$504	0.3%	$1.83	-13.0%	COM	202608105
NOTV	INOTIV INC	19,756	$11	0.0%	$1.78	-41.4%	COM	45783Q100
BRK/A	BERKSHIRE HATHAWAY INC DEL	4	$3,019	2.0%	$726917.40	+2.7%	CL A	084670108