Arkolith/Funds/Brigade Capital Management, LP

Brigade Capital Management, LP

CIK 1421306
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Brigade Capital Management, LP holds a concentrated book of 9 stocks worth $141.7M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened CENTURY CASINOS INC and trimmed EXPAND ENERGY CORPORATION. Their largest long position is LANTHEUS HOLDINGS INC at 61% of the equity book. They also disclosed $376.4M in put options (a bearish bet) and $287.7M in call options (bullish), shown separately below and excluded from the equity book.

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Use Arkolith to show BRIGADE CAPITAL MANAGEMENT, LP's latest
holdings, largest changes, and filing provenance.
Opened
1
new positions
Added to
3
existing
Trimmed
1
reduced
Sold out
5
exited

Concentration

Top-heavy: concentrated book

Top 5 holdings
90%
Top 10 holdings
100%
Top 20 holdings
100%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

70% mapped to company sectors

Health Care
61%
ETF / fund or unclassified
30%
Communication Services
9%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited
  • EXPAND ENERGY CORPORATION
    −2.0%$177K
  • JAZZ INVESTMENTS I LTD
    −100%
  • FORWARD AIR CORP
    −100%
  • DIVERSIFIED HEALTHCARE TR
    −100%
  • SERVICE PPTYS TR
    −100%
  • NABORS INDUSTRIES LTD
    −100%

Funds with the most overlap

Other tracked managers holding the same core names as Brigade Capital Management, LP

Manager / fundShared namesTheir $ in those
JPMORGAN CHASE & CO18 / 9$29.3B
BANK OF AMERICA CORP /DE/18 / 9$21.4B
MORGAN STANLEY17 / 9$27.0B
WELLS FARGO & COMPANY/MN17 / 9$6.2B
STATE STREET CORP17 / 9$3.4B
CITIGROUP INC17 / 9$1.2B
BlackRock, Inc.16 / 9$5.6B
BARCLAYS PLC16 / 9$4.4B

Ranked by how many of Brigade Capital Management, LP's top 9 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

11 positions
#SecurityValueShares% PortLast moveHistory
1Lantheus Hldgs Inc
NOTE 2.625%12/1
$58.3M48.76M
41.1%
+31%
Added · +11.5M sh
2Lantheus Hldgs Inc
COM
$27.6M363.7K
19.5%
+185%
Added · +236K sh
3Lumen Technologies Inc
COM
$12.8M1.85M
9.0%
Held
4Ecovyst Inc
COM
$10.5M817.3K
7.4%
Held
5State STR SPDR S&P 500 ETF T
TR UNIT
$9.8M15.0K
6.9%
Added
Added · +15K sh
6Expand Energy Corporation
COM
$8.5M77.1K
6.0%
−0.2%
Reduced · −140 sh
7Nomad Foods Ltd
USD ORD SHS
$8.4M875.0K
5.9%
Held
8Liberty Media Corp Del
DEB 3.750% 2/1
$2.9M76.54M
2.0%
Held
9Finance Of America Compan
CL A NEW
$2.6M157.0K
1.8%
+91%
Added · +75K sh
10Liberty Media Corp Del
DEB 4.000%11/1
$289K7.70M
0.2%
Held
11Century Casinos Inc
COM
$163K117.5K
0.1%
New
New position
Showing all 11 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$376.4M
Call notional (bullish)$287.7M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishISHARES TR$190.9M2.4M
CALL · bullishISHR IBX USD INVGD CB ETF-UILQD$184.6M1.3M
PUT · bearishISHARES 20+ YEAR TREASURY BDTLT$177.7M2.0M
CALL · bullishISHARES TR$95.5M1.2M
PUT · bearishCOREWEAVE INC$7.7M100K
CALL · bullishLANTHEUS HOLDINGS INCLNTH$7.6M100K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202623$805.8M13F-HR
Q4 2025Dec 31, 2025Feb 13, 202629$331.1M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202533$815.2M13F-HR
Q2 2025Jun 30, 2025Aug 14, 202524$435.8M13F-HR
Q1 2025Mar 31, 2025May 15, 202524$797.9M13F-HR
Q4 2024Dec 31, 2024Feb 14, 202520$330.9M13F-HR
Q3 2024Sep 30, 2024Nov 14, 202420$458.9M13F-HR
Q2 2024Jun 30, 2024Aug 14, 202422$437.7M13F-HR
Q1 2024Mar 31, 2024May 14, 202423$466.2M13F-HR
Q4 2023Dec 31, 2023Feb 14, 202438$2.8B13F-HR
Q3 2023Sep 30, 2023Nov 14, 202328$457.8M13F-HR
Q2 2023Jun 30, 2023Aug 14, 202323$221.1M13F-HR
Q1 2023Mar 31, 2023May 15, 202329$919.3M13F-HR
Q4 2022Dec 31, 2022Feb 14, 202328$355.7M13F-HR
Q3 2022Sep 30, 2022Nov 14, 202258$988.9M13F-HR
Q2 2022Jun 30, 2022Aug 15, 202255$891.6M13F-HR
Q1 2022Mar 31, 2022May 16, 202274$750.9M13F-HR
Q4 2021Dec 31, 2021Feb 14, 202290$874.4M13F-HR
Q3 2021Sep 30, 2021Nov 15, 202178$1.2B13F-HR
Q2 2021Jun 30, 2021Aug 16, 202191$1.7B13F-HR
Q1 2021Mar 31, 2021May 14, 202195$1.4B13F-HR
Q4 2020Dec 31, 2020Feb 16, 202186$1.7B13F-HR
Q3 2020Sep 30, 2020Nov 16, 202088$2.4B13F-HR
Q2 2020Jun 30, 2020Aug 14, 202091$2.4B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.