BRIGADE CAPITAL MANAGEMENT, LP

CIK

1421306

Location

NEW YORK, NY

Portfolio Value

Micro $95,689,133

Diversification

Moderately concentrated

Filing Date

Global Rank

#5,807 / 8,623 ▼ 1840 · as of Mar 2026

Top Industry

Drug Manufacturers - Specialty & Generic 40.9%

3Y Alpha vs SPY

+3.9%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of BRIGADE CAPITAL MANAGEMENT, LP's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 66% that is ordinary stock — as little as 24% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+91.1%

SPY

+65.3%

Annualised alpha

+5.9%

Max drawdown

−41.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 66% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

9 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

36.8%

+3.5 pts

Top 5

80.2%

+1.0 pts

Top 10

100.0%

+2.5 pts

HHI

1,985

Moderately concentrated+232

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	36.8%	$35,175,058	1
Communication Services	13.4%	$12,857,500	1
Basic Materials	11.0%	$10,509,899	1
Unclassified	10.2%	$9,755,100	1
Energy	8.8%	$8,466,233	1
Consumer Defensive	8.8%	$8,408,750	1
Technology	8.1%	$7,747,000	1
Financial Services	2.7%	$2,606,200	1
Consumer Cyclical	0.2%	$163,393	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
LNTH	Lantheus Holdings, Inc.	+336,138	463,745	$35,175,058
FOA	Finance of America Companies Inc.	+75,000	157,000	$2,606,200
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−30,200	15,000	$9,755,100
EXE	EXPAND ENERGY Corp	−140	77,120	$8,466,233
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
CRWV	CoreWeave, Inc.	100,000	$7,747,000
CNTY	Century Casinos Inc /Co/	117,549	$163,393
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
GLD	Spdr Gold Trust	200,000	$79,262,000
NBR	Nabors Industries Ltd	675,879	$36,700,229
ORCL	Oracle Corp	140,000	$27,287,400
DHC	Diversified Healthcare Trust	1,600,000	$7,760,000
SVC	Service Properties Trust	1,075,000	$1,978,000
FWRD	Forward Air Corp	77,357	$1,933,925
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

9 tracked positions · $95,689,133 total · filing declares 23 positions · $805,833,868 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LNTH	Lantheus Holdings, Inc. CALL + SHARES Healthcare	Added	463,745	+336,138	$35,175,058	+314.2%	36.76%
LUMN	Lumen Technologies, Inc. Communication Services	Held	1,850,000	0	$12,857,500	−10.6%	13.44%
ECVT	Ecovyst Inc. Basic Materials	Held	817,255	0	$10,509,899	+32.2%	10.98%
SPY	Spdr S&P 500 ETF Trust	Reduced	15,000	-30,200	$9,755,100	−68.4%	10.19%
EXE	EXPAND ENERGY Corp Energy	Reduced	77,120	-140	$8,466,233	−0.7%	8.85%
NOMD	Nomad Foods Ltd Consumer Defensive	Held	875,000	0	$8,408,750	−23.2%	8.79%
CRWV	CoreWeave, Inc. PUT Technology	NEW	100,000	NEW	$7,747,000	NEW	8.10%
FOA	Finance of America Companies Inc. Financial Services	Added	157,000	+75,000	$2,606,200	+31.3%	2.72%
CNTY	Century Casinos Inc /Co/ Consumer Cyclical	NEW	117,549	NEW	$163,393	NEW	0.17%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.