CASPIAN CAPITAL LP Diversified Active

CIK: 0001518999 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $151,211 (100.0% shares, 0.0% debt)

Holdings (11)

New Positions (7)

FTAI FTAI AVIATION LTD 14.5%

Value ($000) $21,937 Shares 111,441 Est. Cost $170.24 Unrealized 0.0%

CCO CLEAR CHANNEL OUTDOOR HLDGS 13.6%

Value ($000) $20,498 Shares 9,275,000 Est. Cost $1.85 Unrealized 0.0%

PACS PACS GROUP INC 9.7%

Value ($000) $14,634 Shares 381,195 Est. Cost $21.94 Unrealized 0.0%

ATRO ASTRONICS CORP 8.2%

Value ($000) $12,352 Shares 227,724 Est. Cost $50.32 Unrealized 0.0%

CTEV CLARITEV CORPORATION 7.1%

Value ($000) $10,688 Shares 250,000 Est. Cost $50.88 Unrealized 0.0%

FUN SIX FLAGS ENTERTAINMENT CORP 2.8%

Value ($000) $4,237 Shares 276,225 Est. Cost $18.08 Unrealized 0.0%

XPOF XPONENTIAL FITNESS INC 2.5%

Value ($000) $3,706 Shares 450,355 Est. Cost $7.10 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FTAI	FTAI AVIATION LTD	111,441	$21,937	14.5%	$170.24	0.0%	SHS	G3730V105
CCO	CLEAR CHANNEL OUTDOOR HLDGS	9,275,000	$20,498	13.6%	$1.85	0.0%	COM	18453H106
PACS	PACS GROUP INC	381,195	$14,634	9.7%	$21.94	0.0%	COM SHS	69380Q107
ATRO	ASTRONICS CORP	227,724	$12,352	8.2%	$50.32	0.0%	COM	046433108
CTEV	CLARITEV CORPORATION	250,000	$10,688	7.1%	$50.88	0.0%	CL A NEW	62548M209
FUN	SIX FLAGS ENTERTAINMENT CORP	276,225	$4,237	2.8%	$18.08	0.0%	COM	83001C108
XPOF	XPONENTIAL FITNESS INC	450,355	$3,706	2.5%	$7.10	0.0%	COM CL A	98422X101

Increased Positions (2)

BLCO BAUSCH PLUS LOMB CORP 22.6%

Value ($000) $34,144 (+172.3%) Shares 1,999,043 (+207.5%) Est. Cost $15.84 Unrealized +0.1%

FIP FTAI INFRASTRUCTURE INC 15.9%

Value ($000) $24,024 (-41.1%) Shares 5,211,307 (+19.5%) Est. Cost $3.97 Unrealized +23.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BLCO	BAUSCH PLUS LOMB CORP	1,999,043 (+207.5%)	$34,144 (+172.3%)	22.6%	$15.84	+0.1%	COMMON SHARES	071705107
FIP	FTAI INFRASTRUCTURE INC	5,211,307 (+19.5%)	$24,024 (-41.1%)	15.9%	$3.97	+23.7%	COMMON STOCK	35953C106

Exited Positions (1)

MD PEDIATRIX MEDICAL GROUP INC 8.5%

Value ($000) $12,923 Shares 1,115,000 Est. Cost $8.96 Unrealized +128.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MD	PEDIATRIX MEDICAL GROUP INC	1,115,000	$12,923	8.5%	$8.96	+128.6%	—	58502B106

Decreased Positions (1)

HDSN HUDSON TECHNOLOGIES INC 3.3%

Value ($000) $4,989 (-29.6%) Shares 728,306 (-14.3%) Est. Cost $12.43 Unrealized -36.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HDSN	HUDSON TECHNOLOGIES INC	728,306 (-14.3%)	$4,989 (-29.6%)	3.3%	$12.43	-36.6%	COM	444144109

Unchanged Positions (1)

SDAWW SUNCAR TECHNOLOGY GROUP INC 0.0%

Value ($000) $2 Shares 50,000 Est. Cost $0.35 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SDAWW	SUNCAR TECHNOLOGY GROUP INC	50,000	$2	0.0%	$0.35	—	*W EXP 05/17/202	G85727116