Bracebridge Capital, LLC Hedge Fund

CIK: 0001426486 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $1,477,491 (99.1% shares, 0.9% debt)

Holdings (38)

— ISHARES TR 44.9%

Value ($000) $662,676 Shares 84,000 Est. Cost — Unrealized —

— INVESCO QQQ TR 15.4%

Value ($000) $227,426 Shares 4,850 Est. Cost — Unrealized —

— INVESCO QQQ TR 14.9%

Value ($000) $220,392 Shares 4,700 Est. Cost — Unrealized —

— ISHARES TR 9.3%

Value ($000) $136,950 Shares 6,865 Est. Cost — Unrealized —

— ISHARES TR 2.5%

Value ($000) $37,205 Shares 1,865 Est. Cost — Unrealized —

ALVO ALVOTECH 1.8%

Value ($000) $26,160 Shares 2,705,304 Est. Cost $9.31 Unrealized +30.4%

OPTU ALTICE USA INC 1.7%

Value ($000) $24,979 Shares 9,390,440 Est. Cost $2.11 Unrealized +27.8%

— NVIDIA CORPORATION 1.2%

Value ($000) $17,341 Shares 1,600 Est. Cost — Unrealized —

— NVIDIA CORPORATION 1.2%

Value ($000) $17,341 Shares 1,600 Est. Cost — Unrealized —

ADT ADT INC DEL 1.2%

Value ($000) $17,306 Shares 2,126,000 Est. Cost $6.50 Unrealized +13.2%

GNW GENWORTH FINL INC 0.9%

Value ($000) $13,962 Shares 1,969,200 Est. Cost $6.62 Unrealized +5.0%

— LIBERTY MEDIA CORP DEL 0.9%

Value ($000) $13,285 Shares 47,700,000 Est. Cost $0.69 Unrealized —

NVDA NVIDIA CORPORATION 0.9%

Value ($000) $12,650 Shares 116,719 Est. Cost $126.71 Unrealized 0.0%

— UNITI GROUP INC 0.8%

Value ($000) $12,257 Shares 2,432,038 Est. Cost $2.92 Unrealized —

— BLACK SPADE ACQUISITION II C 0.7%

Value ($000) $9,857 Shares 975,000 Est. Cost $9.93 Unrealized —

AAM AA MISSION ACQUISITION CORP 0.4%

Value ($000) $6,258 Shares 600,000 Est. Cost $9.99 Unrealized +1.9%

OSG AMBAC FINL GROUP INC 0.3%

Value ($000) $5,068 Shares 579,234 Est. Cost $16.92 Unrealized -37.8%

ASTL ALGOMA STL GROUP INC 0.3%

Value ($000) $5,013 Shares 924,931 Est. Cost $8.06 Unrealized -8.2%

BXMT BLACKSTONE MTG TR INC 0.3%

Value ($000) $4,334 Shares 216,700 Est. Cost $19.35 Unrealized —

QQQ INVESCO QQQ TR 0.2%

Value ($000) $3,193 Shares 6,810 Est. Cost $468.92 Unrealized —

AQST AQUESTIVE THERAPEUTICS INC 0.1%

Value ($000) $1,332 Shares 459,216 Est. Cost $5.16 Unrealized -41.4%

TRTX TPG RE FIN TR INC 0.1%

Value ($000) $1,166 Shares 143,100 Est. Cost $8.15 Unrealized —

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.1%

Value ($000) $840 Shares 756,426 Est. Cost $2.53 Unrealized -47.9%

AISPW AIRSHIP AI HLDGS INC 0.0%

Value ($000) $334 Shares 298,015 Est. Cost $0.04 Unrealized —

— BLACK SPADE ACQUISITION II C 0.0%

Value ($000) $72 Shares 325,000 Est. Cost $0.41 Unrealized —

AIRJW AIRJOULE TECHNOLOGIES CORP 0.0%

Value ($000) $28 Shares 50,000 Est. Cost $0.55 Unrealized —

— AA MISSION ACQUISITION CORP 0.0%

Value ($000) $20 Shares 300,000 Est. Cost $0.06 Unrealized —

LSBWF LAKESHORE BIOPHARMA CO LTD 0.0%

Value ($000) $10 Shares 232,323 Est. Cost $0.15 Unrealized —

COCHW ENVOY MEDICAL INC 0.0%

Value ($000) $9 Shares 262,156 Est. Cost $0.02 Unrealized —

CRPWF CARBON REVOLUTION LTD 0.0%

Value ($000) $6 Shares 141,666 Est. Cost $0.05 Unrealized —

GCTS/WS GCT SEMICONDUCTOR HLDG INC 0.0%

Value ($000) $5 Shares 75,000 Est. Cost — Unrealized —

SVIRF SPRING VALLEY ACQUISTN CORP 0.0%

Value ($000) $5 Shares 50,000 Est. Cost $0.14 Unrealized —

— SPRING VALLEY ACQUISTN CORP 0.0%

Value ($000) $4 Shares 25,000 Est. Cost $0.12 Unrealized —

BNAIW BRAND ENGAGEMENT NETWORK INC 0.0%

Value ($000) $3 Shares 166,666 Est. Cost $0.12 Unrealized —

VSTWF VAST RENEWABLES LIMITED 0.0%

Value ($000) $3 Shares 75,000 Est. Cost $0.10 Unrealized —

CRMLW CRITICAL METALS CORP 0.0%

Value ($000) $2 Shares 12,500 Est. Cost $0.15 Unrealized —

TVGNW TEVOGEN BIO HLDGS INC 0.0%

Value ($000) $1 Shares 12,500 Est. Cost $0.08 Unrealized —

ALUR/WS ALLURION TECHNOLOGIES INC 0.0%

Value ($000) $0 Shares 15,311 Est. Cost $0.91 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ISHARES TR	84,000	$662,676	44.9%	—	—	Put	464288953
—	INVESCO QQQ TR	4,850	$227,426	15.4%	—	—	Call	46090E903
—	INVESCO QQQ TR	4,700	$220,392	14.9%	—	—	Put	46090E953
—	ISHARES TR	6,865	$136,950	9.3%	—	—	Put	464287955
—	ISHARES TR	1,865	$37,205	2.5%	—	—	Call	464287905
ALVO	ALVOTECH	2,705,304	$26,160	1.8%	$9.31	+30.4%	ORDINARY SHARES	L01800108
OPTU	ALTICE USA INC	9,390,440	$24,979	1.7%	$2.11	+27.8%	CL A	02156K103
—	NVIDIA CORPORATION	1,600	$17,341	1.2%	—	—	Call	67066G904
—	NVIDIA CORPORATION	1,600	$17,341	1.2%	—	—	Put	67066G954
ADT	ADT INC DEL	2,126,000	$17,306	1.2%	$6.50	+13.2%	COM	00090Q103
GNW	GENWORTH FINL INC	1,969,200	$13,962	0.9%	$6.62	+5.0%	COM SHS	37247D106
—	LIBERTY MEDIA CORP DEL	47,700,000	$13,285	0.9%	$0.69	—	DEB	530715AG6
NVDA	NVIDIA CORPORATION	116,719	$12,650	0.9%	$126.71	0.0%	COM	67066G104
—	UNITI GROUP INC	2,432,038	$12,257	0.8%	$2.92	—	COM	91325V108
—	BLACK SPADE ACQUISITION II C	975,000	$9,857	0.7%	$9.93	—	CL A	G1153L109
AAM	AA MISSION ACQUISITION CORP	600,000	$6,258	0.4%	$9.99	+1.9%	ORD SHS CL A	G1000R101
OSG	AMBAC FINL GROUP INC	579,234	$5,068	0.3%	$16.92	-37.8%	COM NEW	023139884
ASTL	ALGOMA STL GROUP INC	924,931	$5,013	0.3%	$8.06	-8.2%	COM	015658107
BXMT	BLACKSTONE MTG TR INC	216,700	$4,334	0.3%	$19.35	—	COM CL A	09257W100
QQQ	INVESCO QQQ TR	6,810	$3,193	0.2%	$468.92	—	UNIT SER 1	46090E103
AQST	AQUESTIVE THERAPEUTICS INC	459,216	$1,332	0.1%	$5.16	-41.4%	COM	03843E104
TRTX	TPG RE FIN TR INC	143,100	$1,166	0.1%	$8.15	—	COM	87266M107
CCO	CLEAR CHANNEL OUTDOOR HLDGS	756,426	$840	0.1%	$2.53	-47.9%	COM	18453H106
AISPW	AIRSHIP AI HLDGS INC	298,015	$334	0.0%	$0.04	—	W EXP 12/21/202	008940116
—	BLACK SPADE ACQUISITION II C	325,000	$72	0.0%	$0.41	—	W EXP 02/15/202	G1153L117
AIRJW	AIRJOULE TECHNOLOGIES CORP	50,000	$28	0.0%	$0.55	—	W EXP 03/15/202	612160119
—	AA MISSION ACQUISITION CORP	300,000	$20	0.0%	$0.06	—	W EXP 08/01/203	G1000R127
LSBWF	LAKESHORE BIOPHARMA CO LTD	232,323	$10	0.0%	$0.15	—	W EXP 03/15/202	G9845F117
COCHW	ENVOY MEDICAL INC	262,156	$9	0.0%	$0.02	—	W EXP 09/29/202	29415V117
CRPWF	CARBON REVOLUTION LTD	141,666	$6	0.0%	$0.05	—	W EXP 99/99/999	G1893D110
GCTS/WS	GCT SEMICONDUCTOR HLDG INC	75,000	$5	0.0%	—	—	W EXP 03/01/202	36170N115
SVIRF	SPRING VALLEY ACQUISTN CORP	50,000	$5	0.0%	$0.14	—	RIGHT 02/25/2026	G83752132
—	SPRING VALLEY ACQUISTN CORP	25,000	$4	0.0%	$0.12	—	W EXP 02/25/202	G83752116
BNAIW	BRAND ENGAGEMENT NETWORK INC	166,666	$3	0.0%	$0.12	—	W EXP 03/14/202	104932116
VSTWF	VAST RENEWABLES LIMITED	75,000	$3	0.0%	$0.10	—	W EXP 07/01/202	Q9379E113
CRMLW	CRITICAL METALS CORP	12,500	$2	0.0%	$0.15	—	W EXP 02/27/202	G2662B111
TVGNW	TEVOGEN BIO HLDGS INC	12,500	$1	0.0%	$0.08	—	W EXP 02/14/202	88165K119
ALUR/WS	ALLURION TECHNOLOGIES INC	15,311	$0	0.0%	$0.91	—	W EXP 08/01/203	02008G110