Bracebridge Capital, LLC

CIK: 0001426486SEC EDGAR →

Portfolio Value

$3.1B

Holdings

38

As of

Q4 2025

New Positions

4

Closed Positions

5

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

LIBERTY MEDIA CORP DEL

47,700,000$2.0B
64.18%
2
AQLTPut

ISHARES TR

129,500$1.0B
33.50%
3
AQLTPut

ISHARES TR

20,615$507.0M
16.27%
4
GLDPut

SPDR GOLD TR

9,500$376.0M
12.07%
5
AQLTCall

ISHARES TR

15,065$370.0M
11.87%
6
STTCall

SPDR S&P 500 ETF TR

3,165$215.0M
6.90%
7

SPDR GOLD TR

398,700$158.0M
5.07%
8
GLDCall

SPDR GOLD TR

4,000$158.0M
5.07%
9
CORZCall

CORE SCIENTIFIC INC NEW

59,822$87.0M
2.79%
10
TSLACall

TESLA INC

1,100$49.0M
1.57%

Quarterly Changes

Top Buys

AQLT↑ Increased
$475.7M
GLDNEW
$376.0M
AQLT↑ Increased
$322.7M
STT↑ Increased
$173.0M
GLDNEW
$158.0M

Top Sells

QQQCLOSED
$310.7M
INVESCO QQQ TRCLOSED
$310.7M
RSPCLOSED
$100.4M
OPTU↓ Decreased
$8.8M
GENVR↓ Decreased
$4.2M

New Positions (9)

$376.0M · 10K shares
$158.0M · 4K shares
$158.0M · 399K shares
$87.0M · 60K shares
$49.0M · 1K shares
KRANESHARES TRUST
$27.0M · 8K shares
$2.0M · 193 shares
$2.0M · 193 shares
$1.0M · 9K shares

Closed Positions (7)

$310.7M · 5K shares
INVESCO QQQ TR
$310.7M · 5K shares
$100.4M · 529K shares
$3.9M · 16K shares
$3.7M · 317K shares
$33K · 25K shares
$26K · 50K shares

Sector Breakdown

Sector# HoldingsValue%
Unknown9$4.1B80.5%
Technology7$623.0M12.2%
Financial Services5$225.0M4.4%
Consumer Cyclical4$54.0M1.1%
Real Estate3$53.0M1.0%
Industrials2$17.0M0.3%
Healthcare3$15.0M0.3%
Communication Services2$6.0M0.1%
Basic Materials3$3.0M0.1%