Quaker Capital Investments, LLC Long-Term Concentrated

CIK: 0001633648 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $387,656 (100.0% shares, 0.0% debt)

Holdings (22)

New Positions (2)

FISV FISERV INC 1.8%

Value ($000) $7,107 Shares 105,800 Est. Cost $83.87 Unrealized 0.0%

COUR COURSERA INC 1.5%

Value ($000) $5,656 Shares 768,475 Est. Cost $8.71 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INC	105,800	$7,107	1.8%	$83.87	0.0%	COM	337738108
COUR	COURSERA INC	768,475	$5,656	1.5%	$8.71	0.0%	COM	22266M104

Increased Positions (6)

CHTR CHARTER COMMUNICATIONS INC N 6.3%

Value ($000) $24,344 (+86.8%) Shares 116,617 (+146.1%) Est. Cost $256.34 Unrealized -12.2%

IHS IHS HOLDING LIMITED 9.0%

Value ($000) $34,942 (+17.3%) Shares 4,683,904 (+7.2%) Est. Cost $4.87 Unrealized +41.5%

CZR CAESARS ENTERTAINMENT INC NE 6.9%

Value ($000) $26,675 (-8.9%) Shares 1,140,441 (+5.3%) Est. Cost $32.10 Unrealized -30.0%

KOP KOPPERS HOLDINGS INC 3.3%

Value ($000) $12,859 (+9.8%) Shares 474,865 (+13.5%) Est. Cost $29.40 Unrealized -5.1%

GLIBK GCI LIBERTY INC 0.8%

Value ($000) $3,212 (+36.4%) Shares 86,328 (+36.6%) Est. Cost $35.23 Unrealized -0.4%

SIRI SIRIUSXM HOLDINGS INC 0.2%

Value ($000) $619 (-1.3%) Shares 30,937 (+14.8%) Est. Cost $28.17 Unrealized -23.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CHTR	CHARTER COMMUNICATIONS INC N	116,617 (+146.1%)	$24,344 (+86.8%)	6.3%	$256.34	-12.2%	CL A	16119P108
IHS	IHS HOLDING LIMITED	4,683,904 (+7.2%)	$34,942 (+17.3%)	9.0%	$4.87	+41.5%	ORD SHS	G4701H109
CZR	CAESARS ENTERTAINMENT INC NE	1,140,441 (+5.3%)	$26,675 (-8.9%)	6.9%	$32.10	-30.0%	COM	12769G100
KOP	KOPPERS HOLDINGS INC	474,865 (+13.5%)	$12,859 (+9.8%)	3.3%	$29.40	-5.1%	COM	50060P106
GLIBK	GCI LIBERTY INC	86,328 (+36.6%)	$3,212 (+36.4%)	0.8%	$35.23	-0.4%	COM SER C	36164V800
SIRI	SIRIUSXM HOLDINGS INC	30,937 (+14.8%)	$619 (-1.3%)	0.2%	$28.17	-23.7%	COMMON STOCK	829933100

Exited Positions (1)

NGVT INGEVITY CORP 1.1%

Value ($000) $4,119 Shares 74,635 Est. Cost $38.57 Unrealized +40.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NGVT	INGEVITY CORP	74,635	$4,119	1.1%	$38.57	+40.7%	—	45688C107

Decreased Positions (5)

LBRDK LIBERTY BROADBAND CORP 1.0%

Value ($000) $3,995 (-75.3%) Shares 82,195 (-67.7%) Est. Cost $69.33 Unrealized -25.0%

SATS ECHOSTAR CORP 14.4%

Value ($000) $55,801 (+17.5%) Shares 513,348 (-17.5%) Est. Cost $18.48 Unrealized +340.6%

WCC WESCO INTL INC 0.2%

Value ($000) $612 (-91.5%) Shares 2,500 (-92.6%) Est. Cost $170.18 Unrealized +43.9%

LILA LIBERTY LATIN AMERICA LTD 1.0%

Value ($000) $4,004 (-28.4%) Shares 541,819 (-19.7%) Est. Cost $9.66 Unrealized -15.9%

IGSB ISHARES TR 0.4%

Value ($000) $1,428 (-10.3%) Shares 27,000 (-10.0%) Est. Cost $52.89 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LBRDK	LIBERTY BROADBAND CORP	82,195 (-67.7%)	$3,995 (-75.3%)	1.0%	$69.33	-25.0%	COM SER C	530307305
SATS	ECHOSTAR CORP	513,348 (-17.5%)	$55,801 (+17.5%)	14.4%	$18.48	+340.6%	CL A	278768106
WCC	WESCO INTL INC	2,500 (-92.6%)	$612 (-91.5%)	0.2%	$170.18	+43.9%	COM	95082P105
LILA	LIBERTY LATIN AMERICA LTD	541,819 (-19.7%)	$4,004 (-28.4%)	1.0%	$9.66	-15.9%	COM CL A	G9001E102
IGSB	ISHARES TR	27,000 (-10.0%)	$1,428 (-10.3%)	0.4%	$52.89	—	ISHS 1-5YR INVS	464288646

Unchanged Positions (9)

GOOG ALPHABET INC 8.7%

Value ($000) $33,900 Shares 108,030 Est. Cost $103.87 Unrealized +175.7%

ARMN ARIS MNG CORP 4.7%

Value ($000) $18,201 Shares 1,121,438 Est. Cost $2.76 Unrealized +345.2%

UBER UBER TECHNOLOGIES INC 7.9%

Value ($000) $30,614 Shares 374,671 Est. Cost $33.11 Unrealized +172.0%

LILAK LIBERTY LATIN AMERICA LTD 10.7%

Value ($000) $41,625 Shares 5,579,784 Est. Cost $8.18 Unrealized +0.6%

VSTS VESTIS CORPORATION 1.3%

Value ($000) $5,129 Shares 769,035 Est. Cost $5.13 Unrealized +13.7%

EQT EQT CORP 15.8%

Value ($000) $61,360 Shares 1,144,768 Est. Cost $12.50 Unrealized +348.8%

BIDU BAIDU INC 3.7%

Value ($000) $14,516 Shares 111,100 Est. Cost $99.70 Unrealized —

KHC KRAFT HEINZ CO 0.1%

Value ($000) $303 Shares 12,500 Est. Cost $26.49 Unrealized -7.0%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $755 Shares 1 Est. Cost $448761.72 Unrealized +66.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	108,030	$33,900	8.7%	$103.87	+175.7%	CAP STK CL C	02079K107
ARMN	ARIS MNG CORP	1,121,438	$18,201	4.7%	$2.76	+345.2%	COM	04040Y109
UBER	UBER TECHNOLOGIES INC	374,671	$30,614	7.9%	$33.11	+172.0%	COM	90353T100
LILAK	LIBERTY LATIN AMERICA LTD	5,579,784	$41,625	10.7%	$8.18	+0.6%	COM CL C	G9001E128
VSTS	VESTIS CORPORATION	769,035	$5,129	1.3%	$5.13	+13.7%	COM SHS	29430C102
EQT	EQT CORP	1,144,768	$61,360	15.8%	$12.50	+348.8%	COM	26884L109
BIDU	BAIDU INC	111,100	$14,516	3.7%	$99.70	—	SPON ADR REP A	056752108
KHC	KRAFT HEINZ CO	12,500	$303	0.1%	$26.49	-7.0%	COM	500754106
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$755	0.2%	$448761.72	+66.3%	CL A	084670108