Dalal Street, LLC Diversified Active

CIK: 0001549575 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $402,040 (100.0% shares, 0.0% debt)

Holdings (4)

Increased Positions (2)

RIG TRANSOCEAN LTD 27.8%

Value ($000) $111,676 (+46.4%) Shares 27,040,133 (+10.6%) Est. Cost $3.10 Unrealized +25.3%

AMR ALPHA METALLURGICAL RESOUR I 27.0%

Value ($000) $108,535 (+24.3%) Shares 543,000 (+2.1%) Est. Cost $172.58 Unrealized +0.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RIG	TRANSOCEAN LTD	27,040,133 (+10.6%)	$111,676 (+46.4%)	27.8%	$3.10	+25.3%	REGISTERED SHS	H8817H100
AMR	ALPHA METALLURGICAL RESOUR I	543,000 (+2.1%)	$108,535 (+24.3%)	27.0%	$172.58	+0.1%	COM	020764106

Exited Positions (1)

NE NOBLE CORP PLC 1.7%

Value ($000) $6,759 Shares 239,000 Est. Cost $26.76 Unrealized +9.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NE	NOBLE CORP PLC	239,000	$6,759	1.7%	$26.76	+9.3%	—	G65431127

Decreased Positions (1)

VAL VALARIS LTD 5.8%

Value ($000) $23,139 (-55.5%) Shares 459,098 (-56.9%) Est. Cost $41.59 Unrealized +29.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VAL	VALARIS LTD	459,098 (-56.9%)	$23,139 (-55.5%)	5.8%	$41.59	+29.0%	CL A	G9460G101

Unchanged Positions (1)

HCC WARRIOR MET COAL INC 39.5%

Value ($000) $158,691 Shares 1,799,831 Est. Cost $60.08 Unrealized +25.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HCC	WARRIOR MET COAL INC	1,799,831	$158,691	39.5%	$60.08	+25.1%	COM	93627C101