JONES ROAD CAPITAL MANAGEMENT, L.P. Hedge Fund

Name: JONES ROAD CAPITAL MANAGEMENT, L.P. Q4 2025 13F Filing | 13F Explorer
Creator: JONES ROAD CAPITAL MANAGEMENT, L.P.
Published: 2026-02-13

Location: New York, NY

CIK: 0001842361 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $155M (64.6% shares, 35.4% debt)

Holdings (21)

GEV GE VERNOVA INC 21.1%

Value $32.68M Shares 50,000 Est. Cost — Unrealized —

— NEXTERA ENERGY CAP HLDGS INC 12.0%

Value $18.55M Shares 14,919,000 Est. Cost $1.16 Unrealized —

ORCL ORACLE CORP 9.4%

Value $14.62M Shares 75,000 Est. Cost $127.78 Unrealized +86.3%

META META PLATFORMS INC 9.0%

Value $13.87M Shares 21,010 Est. Cost $344.02 Unrealized +94.0%

— ALIBABA GROUP HLDG LTD 7.8%

Value $12.03M Shares 7,732,000 Est. Cost $1.84 Unrealized —

— DUKE ENERGY CORP NEW 6.6%

Value $10.19M Shares 9,879,000 Est. Cost $1.01 Unrealized —

ORCL ORACLE CORP 4.1%

Value $6.413M Shares 32,900 Est. Cost $127.78 Unrealized +86.3%

QQQ INVESCO QQQ TR 4.0%

Value $6.143M Shares 10,000 Est. Cost — Unrealized —

CRS CARPENTER TECHNOLOGY CORP 3.7%

Value $5.667M Shares 18,000 Est. Cost $300.56 Unrealized 0.0%

— FORD MTR CO 3.4%

Value $5.205M Shares 5,000,000 Est. Cost $1.04 Unrealized —

— MERITAGE HOMES CORP 3.2%

Value $4.942M Shares 5,000,000 Est. Cost $0.99 Unrealized —

AAPL APPLE INC 3.2%

Value $4.893M Shares 18,000 Est. Cost — Unrealized —

NEE NEXTERA ENERGY INC 2.6%

Value $4.014M Shares 50,000 Est. Cost — Unrealized —

— PG&E CORP 2.5%

Value $3.842M Shares 3,730,000 Est. Cost $1.09 Unrealized —

— BOEING CO 2.4%

Value $3.639M Shares 52,700 Est. Cost $63.00 Unrealized —

ATI ATI INC 2.2%

Value $3.443M Shares 30,000 Est. Cost $61.58 Unrealized +58.2%

AVB AVALONBAY CMNTYS INC 1.1%

Value $1.759M Shares 9,700 Est. Cost $150.11 Unrealized +19.8%

MSFT MICROSOFT CORP 0.9%

Value $1.402M Shares 2,900 Est. Cost $405.08 Unrealized +23.6%

VISN COMMSCOPE HLDG CO INC 0.6%

Value $907K Shares 50,000 Est. Cost $3.40 Unrealized +407.0%

CYH COMMUNITY HEALTH SYS INC NEW 0.2%

Value $319K Shares 102,400 Est. Cost $3.21 Unrealized +4.7%

NFE NEW FORTRESS ENERGY INC 0.1%

Value $182K Shares 159,700 Est. Cost $3.11 Unrealized -52.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GEV	GE VERNOVA INC	50,000	$32.68M	21.1%	—	—	Put	36828A101
—	NEXTERA ENERGY CAP HLDGS INC	14,919,000	$18.55M	12.0%	$1.16	—	NOTE 3.000% 3/0	65339KCY4
ORCL	ORACLE CORP	75,000	$14.62M	9.4%	$127.78	+86.3%	Put	68389X105
META	META PLATFORMS INC	21,010	$13.87M	9.0%	$344.02	+94.0%	CL A	30303M102
—	ALIBABA GROUP HLDG LTD	7,732,000	$12.03M	7.8%	$1.84	—	NOTE 0.500% 6/0	01609WBG6
—	DUKE ENERGY CORP NEW	9,879,000	$10.19M	6.6%	$1.01	—	NOTE 4.125% 4/1	26441CBY0
ORCL	ORACLE CORP	32,900	$6.413M	4.1%	$127.78	+86.3%	COM	68389X105
QQQ	INVESCO QQQ TR	10,000	$6.143M	4.0%	—	—	Put	46090E103
CRS	CARPENTER TECHNOLOGY CORP	18,000	$5.667M	3.7%	$300.56	0.0%	COM	144285103
—	FORD MTR CO	5,000,000	$5.205M	3.4%	$1.04	—	NOTE 3/1	345370CZ1
—	MERITAGE HOMES CORP	5,000,000	$4.942M	3.2%	$0.99	—	NOTE 1.750% 5/1	59001ABF8
AAPL	APPLE INC	18,000	$4.893M	3.2%	—	—	Put	037833100
NEE	NEXTERA ENERGY INC	50,000	$4.014M	2.6%	—	—	Call	65339F101
—	PG&E CORP	3,730,000	$3.842M	2.5%	$1.09	—	NOTE 4.250%12/0	69331CAL2
—	BOEING CO	52,700	$3.639M	2.4%	$63.00	—	DEP CONV PFD A	097023204
ATI	ATI INC	30,000	$3.443M	2.2%	$61.58	+58.2%	COM	01741R102
AVB	AVALONBAY CMNTYS INC	9,700	$1.759M	1.1%	$150.11	+19.8%	COM	053484101
MSFT	MICROSOFT CORP	2,900	$1.402M	0.9%	$405.08	+23.6%	COM	594918104
VISN	COMMSCOPE HLDG CO INC	50,000	$907K	0.6%	$3.40	+407.0%	COM	20337X109
CYH	COMMUNITY HEALTH SYS INC NEW	102,400	$319K	0.2%	$3.21	+4.7%	COM	203668108
NFE	NEW FORTRESS ENERGY INC	159,700	$182K	0.1%	$3.11	-52.6%	COM CL A	644393100