Q2 2026 13F · SEC CIK 1426486
Bracebridge Capital, LLC
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $460.1M
- Reported positions
- 26
- Top holdings a year, 3 yrs
- +20.8%
- Assets under management
- $100.3B
Bracebridge Capital, LLC is a hedge fund that reported 26 positions worth $460.1M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Spdr Gold Tr (GLD, 50.7%), Uniti Group LLC (UNIT, 20.0%), Caesars Entertainment Inc Ne (6.2%). A portfolio copying its top holdings returned 20.8% a year over the last 3 years, against 20.4% for the S&P 500.
Bracebridge Capital, LLC holdings all 26 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| GLDSpdr Gold Tr | 50.7% | -33.6% | $233.4M |
| UNITUniti Group LLC | 20.0% | +3.6% | $92.0M |
| 12769G100Caesars Entertainment Inc Ne | 6.2% | — | $28.6M |
| ADTAdt Inc Del | 4.4% | +47.0% | $20.3M |
| 81761L102Service Pptys Tr | 4.2% | — | $19.1M |
| FWRDForward Air Corp | 4.1% | — | $19.0M |
| ALVOAlvotech | 3.2% | +49.3% | $14.9M |
| SPCXSpace Exploration Techn Corp | 1.7% | — | $7.9M |
| GNWGenworth Financial Inc. | 1.5% | +0.0% | $6.8M |
| BXMTBlackstone Mortgage Trust | 0.9% | +0.0% | $4.1M |
| ASTLAlgoma Steel Group | 0.8% | +0.0% | $3.7M |
| AMBCOctave Specialty Group Inc | 0.8% | +0.0% | $3.6M |
| AQSTAquestive Therapeutics Inc | 0.4% | +0.0% | $1.9M |
| RNAAtrium Therapeutics Ord | 0.4% | +0.0% | $1.9M |
| TRTXTpg Re Fin Tr Inc | 0.3% | +0.0% | $1.5M |
| PDDPdd Holdings Inc | 0.2% | +17.2% | $1.0M |
| AIRJWAirjoule Technologies Corp | 0.0% | +0.0% | $65K |
| G38268119Generation Essentials Group | 0.0% | +0.0% | $59K |
| G2662B111Critical Metals Corp | 0.0% | +0.0% | $45K |
| 36170N115Gct Semiconductor Holding in | 0.0% | +0.0% | $37K |
| NUCLWEagle Nuclear Energy Corp | 0.0% | +0.0% | $36K |
| BNAIWBrand Engagement Network Inc | 0.0% | +0.0% | $23K |
| 29415V117Envoy Medical Inc | 0.0% | +0.0% | $13K |
| G1331C112Blue Gold Ltd Cl A | 0.0% | +0.0% | $7K |
| DAICWCid Holdco Inc | 0.0% | +0.0% | $769.00 |
| 88165K119Tevogen Inc | 0.0% | +0.0% | $710.00 |
What Bracebridge Capital, LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- Caesars Entertainment Inc Ne6.2% of 13F
- Service Pptys Tr4.2% of 13F
- FWRD Forward Air Corp4.1% of 13F
- SPCX Space Exploration Techn Corp1.7% of 13F
Added to
- ALVO Alvotech+49.3% shares
- ADT Adt Inc Del+47.0% shares
- PDD Pdd Holdings Inc+17.2% shares
Reduced
- GLD Spdr Gold Tr-33.6% shares
Sold out
- TSLA Tesla Incwas 2.6%
- HYG Ishares Trwas 0.5%
- AMC Amc Entmt Hldgs Incwas 0.5%
- ATUS Optimum Communications Incwas 0.4%
- CCO Clear Channel Outdoor Hldgswas 0.3%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -1.4% /yr
- S&P 500 +20.1%
- 3 years
- +20.8% /yr
- S&P 500 +20.4%
- 5 years
- +10.1% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $460.1M | 26 |
| Q1 2026 | $554.1M | 27 |
| Q4 2025 | $272.3M | 26 |
| Q3 2025 | $235.1M | 29 |
| Q2 2025 | $183.2M | 30 |
| Q1 2025 | $144.9M | 30 |
| Q4 2024 | $996.6M | 34 |
| Q3 2024 | $246.0B | 36 |
| Q2 2024 | $182.8B | 35 |
| Q1 2024 | $502.4B | 36 |
| Q4 2023 | $73.4B | 36 |
| Q3 2023 | $61.6B | 43 |
Questions about Bracebridge Capital, LLC's portfolio
What stocks does Bracebridge Capital, LLC own?
Bracebridge Capital, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 26 positions worth $460.1M. The largest are Spdr Gold Tr (GLD) at 50.7%, Uniti Group LLC (UNIT) at 20.0%, Caesars Entertainment Inc Ne at 6.2%, Adt Inc Del (ADT) at 4.4% and Service Pptys Tr at 4.2%.
What did Bracebridge Capital, LLC buy last quarter?
In Q2 2026, Bracebridge Capital, LLC added a new position in Caesars Entertainment Inc Ne, a new position in Service Pptys Tr, a new position in Forward Air Corp (FWRD), a new position in Space Exploration Techn Corp (SPCX), Alvotech (ALVO) (+49.3% shares), Adt Inc Del (ADT) (+47.0% shares) and Pdd Holdings Inc (PDD) (+17.2% shares), compared with its Q1 2026 filing.
What did Bracebridge Capital, LLC sell last quarter?
In Q2 2026, Bracebridge Capital, LLC sold all of Tesla Inc (TSLA), sold all of Ishares Tr (HYG), sold all of Amc Entmt Hldgs Inc (AMC), sold all of Optimum Communications Inc (ATUS), sold all of Clear Channel Outdoor Hldgs (CCO) and Spdr Gold Tr (GLD) (-33.6% shares), compared with its Q1 2026 filing.
How has Bracebridge Capital, LLC's portfolio performed?
A portfolio copying Bracebridge Capital, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +20.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -1.4% against +20.1%. Over 5 years: +10.1% a year against +11.6%.
When is Bracebridge Capital, LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Bracebridge Capital, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Bracebridge Capital, LLC manage?
Bracebridge Capital, LLC reported $100.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $460.1M.