Compass Rose Asset Management, LP Hedge Fund

CIK: 0001758811 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 7, 2025

Total Value ($000): $500,151 (67.3% shares, 32.7% debt)

Holdings (20)

— JD.COM INC 12.5%

Value ($000) $62,700 Shares 60,000,000 Est. Cost $1.04 Unrealized —

QQQ INVESCO QQQ TR 11.0%

Value ($000) $55,164 Shares 100,000 Est. Cost — Unrealized —

— ISHARES TR 11.0%

Value ($000) $54,805 Shares 500,000 Est. Cost — Unrealized —

— ISHARES TR 8.1%

Value ($000) $40,325 Shares 500,000 Est. Cost — Unrealized —

— PARAMOUNT GLOBAL 7.7%

Value ($000) $38,700 Shares 3,000,000 Est. Cost $11.41 Unrealized —

— ALIBABA GROUP HLDG LTD 7.7%

Value ($000) $38,262 Shares 30,000,000 Est. Cost $1.28 Unrealized —

MSTR MICROSTRATEGY INC 6.3%

Value ($000) $31,328 Shares 77,500 Est. Cost — Unrealized —

— KRANESHARES TRUST 5.5%

Value ($000) $27,464 Shares 800,000 Est. Cost — Unrealized —

UNH UNITEDHEALTH GROUP INC 5.2%

Value ($000) $25,894 Shares 83,000 Est. Cost $374.94 Unrealized 0.0%

— AMERICAN WTR CAP CORP 5.0%

Value ($000) $25,200 Shares 25,000,000 Est. Cost $1.02 Unrealized —

— PG&E CORP 5.0%

Value ($000) $24,938 Shares 25,000,000 Est. Cost $1.06 Unrealized —

— PARAMOUNT GLOBAL 3.9%

Value ($000) $19,751 Shares 1,531,100 Est. Cost $11.41 Unrealized —

— FORD MTR CO 2.5%

Value ($000) $12,338 Shares 12,500,000 Est. Cost $0.98 Unrealized —

INTC INTEL CORP 2.3%

Value ($000) $11,648 Shares 520,000 Est. Cost $22.87 Unrealized -9.4%

VALE VALE S A 2.1%

Value ($000) $10,730 Shares 1,105,000 Est. Cost $9.17 Unrealized —

BLCO BAUSCH PLUS LOMB CORP 2.1%

Value ($000) $10,668 Shares 820,000 Est. Cost $16.43 Unrealized -26.8%

OPTU ALTICE USA INC 1.1%

Value ($000) $5,564 Shares 2,600,000 Est. Cost $2.27 Unrealized +3.1%

BHC BAUSCH HEALTH COS INC 0.7%

Value ($000) $3,330 Shares 500,000 Est. Cost $7.89 Unrealized -34.9%

NXE NEXGEN ENERGY LTD 0.1%

Value ($000) $694 Shares 100,000 Est. Cost $5.65 Unrealized 0.0%

WVE WAVE LIFE SCIENCES LTD 0.1%

Value ($000) $650 Shares 100,000 Est. Cost $6.60 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	JD.COM INC	60,000,000	$62,700	12.5%	$1.04	—	NOTE 0.250% 6/0	47215PAJ5
QQQ	INVESCO QQQ TR	100,000	$55,164	11.0%	—	—	Put	46090E103
—	ISHARES TR	500,000	$54,805	11.0%	—	—	Put	464287952
—	ISHARES TR	500,000	$40,325	8.1%	—	—	Put	464288953
—	PARAMOUNT GLOBAL	3,000,000	$38,700	7.7%	$11.41	—	CLASS B COM	92556H206
—	ALIBABA GROUP HLDG LTD	30,000,000	$38,262	7.7%	$1.28	—	NOTE 0.500% 6/0	01609WBG6
MSTR	MICROSTRATEGY INC	77,500	$31,328	6.3%	—	—	Put	594972408
—	KRANESHARES TRUST	800,000	$27,464	5.5%	—	—	Call	500767906
UNH	UNITEDHEALTH GROUP INC	83,000	$25,894	5.2%	$374.94	0.0%	COM	91324P102
—	AMERICAN WTR CAP CORP	25,000,000	$25,200	5.0%	$1.02	—	NOTE 3.625% 6/1	03040WBE4
—	PG&E CORP	25,000,000	$24,938	5.0%	$1.06	—	NOTE 4.250%12/0	69331CAL2
—	PARAMOUNT GLOBAL	1,531,100	$19,751	3.9%	$11.41	—	Put	92556H206
—	FORD MTR CO	12,500,000	$12,338	2.5%	$0.98	—	NOTE 3/1	345370CZ1
INTC	INTEL CORP	520,000	$11,648	2.3%	$22.87	-9.4%	COM	458140100
VALE	VALE S A	1,105,000	$10,730	2.1%	$9.17	—	SPONSORED ADS	91912E105
BLCO	BAUSCH PLUS LOMB CORP	820,000	$10,668	2.1%	$16.43	-26.8%	COMMON SHARES	071705107
OPTU	ALTICE USA INC	2,600,000	$5,564	1.1%	$2.27	+3.1%	CL A	02156K103
BHC	BAUSCH HEALTH COS INC	500,000	$3,330	0.7%	$7.89	-34.9%	COM	071734107
NXE	NEXGEN ENERGY LTD	100,000	$694	0.1%	$5.65	0.0%	COM	65340P106
WVE	WAVE LIFE SCIENCES LTD	100,000	$650	0.1%	$6.60	0.0%	SHS	Y95308105