DG Capital Management, LLC Hedge Fund

Location: New York, NY

CIK: 0001512716 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $228M (85.5% shares, 14.5% debt)

Holdings (21)

MCY MERCURY GENL CORP NEW 25.6%

Value $58.27M Shares 619,469 Est. Cost $55.40 Unrealized +56.6%

MCY MERCURY GENL CORP NEW 20.0%

Value $45.64M Shares 485,200 Est. Cost $55.40 Unrealized +56.6%

SPY SPDR S&P 500 ETF TR 15.0%

Value $34.1M Shares 50,000 Est. Cost — Unrealized —

— SAREPTA THERAPEUTICS INC 8.8%

Value $19.95M Shares 22,245,000 Est. Cost $0.88 Unrealized —

ACIC AMERICAN COASTAL INS CORP 5.9%

Value $13.55M Shares 1,072,728 Est. Cost $10.44 Unrealized +8.8%

— RIOT PLATFORMS INC 5.7%

Value $13.04M Shares 11,500,000 Est. Cost $1.13 Unrealized —

CAPR CAPRICOR THERAPEUTICS INC 5.2%

Value $11.95M Shares 413,963 Est. Cost $7.36 Unrealized +77.4%

TLT ISHARES TR 3.8%

Value $8.716M Shares 100,000 Est. Cost — Unrealized —

OKLO OKLO INC 3.5%

Value $8.001M Shares 111,500 Est. Cost — Unrealized —

GEL GENESIS ENERGY L P 1.8%

Value $4.162M Shares 266,800 Est. Cost $13.39 Unrealized —

GEL GENESIS ENERGY L P 1.2%

Value $2.697M Shares 172,916 Est. Cost $13.39 Unrealized —

SMR NUSCALE PWR CORP 1.1%

Value $2.522M Shares 178,000 Est. Cost — Unrealized —

TLN TALEN ENERGY CORP 0.4%

Value $942K Shares 2,512 Est. Cost $388.68 Unrealized 0.0%

TISI TEAM INC 0.4%

Value $913K Shares 64,647 Est. Cost $14.99 Unrealized 0.0%

BUR BURFORD CAP LTD 0.4%

Value $828K Shares 92,807 Est. Cost $11.75 Unrealized -16.7%

CZR CAESARS ENTERTAINMENT INC NE 0.3%

Value $718K Shares 30,715 Est. Cost $33.42 Unrealized -32.7%

MAGN MAGNERA CORP 0.2%

Value $557K Shares 36,775 Est. Cost $17.44 Unrealized -33.6%

ATEX ANTERIX INC 0.2%

Value $464K Shares 21,245 Est. Cost $32.54 Unrealized -36.2%

ACIC AMERICAN COASTAL INS CORP 0.2%

Value $456K Shares 36,100 Est. Cost $10.44 Unrealized +8.8%

UTHR UNITED THERAPEUTICS CORP DEL 0.1%

Value $272K Shares 558 Est. Cost $336.31 Unrealized +38.5%

GLNG GOLAR LNG LTD 0.1%

Value $204K Shares 5,481 Est. Cost $40.92 Unrealized -6.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MCY	MERCURY GENL CORP NEW	619,469	$58.27M	25.6%	$55.40	+56.6%	COM	589400100
MCY	MERCURY GENL CORP NEW	485,200	$45.64M	20.0%	$55.40	+56.6%	Call	589400100
SPY	SPDR S&P 500 ETF TR	50,000	$34.1M	15.0%	—	—	Put	78462F103
—	SAREPTA THERAPEUTICS INC	22,245,000	$19.95M	8.8%	$0.88	—	NOTE 1.250% 9/1	803607AD2
ACIC	AMERICAN COASTAL INS CORP	1,072,728	$13.55M	5.9%	$10.44	+8.8%	COM	910710102
—	RIOT PLATFORMS INC	11,500,000	$13.04M	5.7%	$1.13	—	NOTE 0.750% 1/1	767292AB1
CAPR	CAPRICOR THERAPEUTICS INC	413,963	$11.95M	5.2%	$7.36	+77.4%	COM NEW	14070B309
TLT	ISHARES TR	100,000	$8.716M	3.8%	—	—	Call	464287432
OKLO	OKLO INC	111,500	$8.001M	3.5%	—	—	Put	02156V109
GEL	GENESIS ENERGY L P	266,800	$4.162M	1.8%	$13.39	—	Call	371927104
GEL	GENESIS ENERGY L P	172,916	$2.697M	1.2%	$13.39	—	UNIT LTD PARTN	371927104
SMR	NUSCALE PWR CORP	178,000	$2.522M	1.1%	—	—	Put	67079K100
TLN	TALEN ENERGY CORP	2,512	$942K	0.4%	$388.68	0.0%	COM	87422Q109
TISI	TEAM INC	64,647	$913K	0.4%	$14.99	0.0%	COM NEW	878155308
BUR	BURFORD CAP LTD	92,807	$828K	0.4%	$11.75	-16.7%	ORD SHS	G17977110
CZR	CAESARS ENTERTAINMENT INC NE	30,715	$718K	0.3%	$33.42	-32.7%	COM	12769G100
MAGN	MAGNERA CORP	36,775	$557K	0.2%	$17.44	-33.6%	COM SHS	55939A107
ATEX	ANTERIX INC	21,245	$464K	0.2%	$32.54	-36.2%	COM	03676C100
ACIC	AMERICAN COASTAL INS CORP	36,100	$456K	0.2%	$10.44	+8.8%	Call	910710102
UTHR	UNITED THERAPEUTICS CORP DEL	558	$272K	0.1%	$336.31	+38.5%	COM	91307C102
GLNG	GOLAR LNG LTD	5,481	$204K	0.1%	$40.92	-6.9%	SHS	G9456A100