BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C.
CIK
1282197
Location
GREENWICH, CT
Portfolio Value
Small
$168,665,198
Diversification
Moderately concentrated
Filing Date
Global Rank
#4,388
/ 7,991
▼ 202
Top Industry
Credit Services
29.9%
3Y Alpha vs SPY
-23.0%
Period ended 12 months ago
Filed Aug 14, 2025 · 10mo
18 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-6.5%
SPY
+76.3%
Annualised alpha
-23.0%
Max drawdown
−25.6%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
12 positions · as of Jun 30, 2025 · Δ vs Mar 31, 2025Top Position
29.9%
+3.0 pts
Top 5
75.5%
+2.8 pts
Top 10
99.6%
−0.1 pts
HHI
1,574
Moderately concentrated+106
Portfolio Trend
18 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 36.9% | $62,237,031 |
| Consumer Cyclical | 29.0% | $48,899,758 |
| Communication Services | 26.7% | $45,068,097 |
| Consumer Defensive | 5.4% | $9,060,000 |
| Basic Materials | 2.0% | $3,364,357 |
| Healthcare | 0.0% | $35,955 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
12 positions ·
$168,665,198 total
· as of Jun 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CPSS |
Consumer Portfolio Services, Inc.
Financial Services
|
Held | 5,127,165 | $50,400,031 | 29.88% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Held | 623,171 | $26,964,609 | 15.99% | |
| KVHI |
Kvh Industries Inc \De\
Communication Services
|
Added | 3,396,527 | $18,103,488 | 10.73% | |
| CPHC |
Canterbury Park Holding Corp
Consumer Cyclical
|
Added | 854,805 | $16,113,074 | 9.55% | |
| WYNN |
Wynn Resorts Ltd
Consumer Cyclical
|
Held | 168,158 | $15,751,359 | 9.34% | |
| UBS |
UBS Group AG
Financial Services
|
Held | 350,000 | $11,837,000 | 7.02% | |
| FUN |
Six Flags Entertainment Corporation/NEW
Consumer Cyclical
|
Held | 329,920 | $10,039,465 | 5.95% | |
| MAGN |
Magnera Corp
Consumer Defensive
|
Held | 750,000 | $9,060,000 | 5.37% | |
| BYD |
Boyd Gaming Corp
Consumer Cyclical
|
Held | 82,000 | $6,414,860 | 3.80% | |
| CLW |
Clearwater Paper Corp
Basic Materials
|
Held | 123,508 | $3,364,357 | 1.99% | |
| CVGI |
Commercial Vehicle Group, Inc.
Consumer Cyclical
|
Held | 350,000 | $581,000 | 0.34% | |
| NOTV |
Inotiv, Inc.
Healthcare
|
Held | 19,756 | $35,955 | 0.02% |