BRIGADE CAPITAL MANAGEMENT, LP

CIK

1421306

Location

NEW YORK, NY

Portfolio Value

Micro $10,509,899

Diversification

Moderately concentrated

Filing Date

Global Rank

#5,789 / 8,588 ▼ 1822

Top Industry

Drug Manufacturers - Specialty & Generic 40.9%

3Y Alpha vs SPY

+11.4%

Period ended 3 months ago

Filed May 15, 2026 · 33d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+131.6%

SPY

+76.8%

Annualised alpha

+11.4%

Max drawdown

−42.2%

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

9 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

1 positions · $10,509,899 total · Basic Materials only · 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	History
ECVT	Ecovyst Inc. Basic Materials	Held	817,255	0	$10,509,899	+32.2%	100.00%