BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C.

CIK 1282197 · View on SEC EDGAR ↗

Portfolio value
$171.6M
#6,963 of 9,443 by 13F value · top 73.7%
Positions
13
As of
June 30, 2025 Data as of Q2 2025

Portfolio value QoQ: +1.8% 13F does not disclose cash

Top 10 holdings weight
97.94%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
6.6

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2025: 0.0% Est. buys $127,302 · sells $0

New positions
0
Increased
2
Decreased
0
Closed
1
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Performance vs S&P 500

Tracked Q4 2024–Q2 2025
-7.4%
S&P 500 total return (same window)
+5.3%
Excess return
-12.6%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 95.4% · Options excluded: 0.0%

Sector breakdown

Financial Services
36.3%
Consumer Discretionary
28.2%
Telecommunication
15.7%
Communications
10.6%
Paper & Forest
7.2%
Industrials
0.3%
Healthcare
0.0%
Other/Unmapped
1.7%

Full portfolio 13 positions

Type Streak 8Q trend
CPSS Consumer Portfolio Services, Inc. - Common Stock $50,400,032 29.37% 5,127,165 $5,947,511
VZ Verizon Communications Inc. Common Stock $26,964,609 15.72% 623,171 $-1,302,428
KVHI KVH Industries, Inc. - Common Stock $18,103,489 10.55% 3,396,527 $179,853 Up ×2
CPHC Canterbury Park Holding Corporation - Common Stock $16,113,074 9.39% 854,805 $593,219 Up ×2
WYNN Wynn Resorts, Limited - Common Stock $15,751,360 9.18% 168,158 $1,710,167
UBS UBS Group AG Registered Ordinary Shares $11,837,000 6.90% 350,000 $1,116,500
FUN Six Flags Entertainment Corporation Common Stock New $10,039,466 5.85% 329,920 $-1,728,780
MAGN Magnera Corporation Common Stock $9,060,000 5.28% 750,000 $-4,560,000
BYD Boyd Gaming Corporation Common Stock $6,414,860 3.74% 82,000 $1,016,800
CLW Clearwater Paper Corporation Common Stock $3,364,358 1.96% 123,508 $230,960
BRKA $2,915,200 1.70% 4 $-278,566
CVGI Commercial Vehicle Group, Inc. - Common Stock $581,000 0.34% 350,000 $178,500
NOTV Inotiv, Inc. - Common Stock $35,956 0.02% 19,756 $-7,705

Top movers (QoQ)

Security Action Shares Δ Value Δ
CPSS Price move only +0 +$5.9M
MAGN Price move only +0 -$4.6M
FUN Price move only +0 -$1.7M
WYNN Price move only +0 +$1.7M
VZ Price move only +0 -$1.3M
UBS Price move only +0 +$1.1M
BYD Price move only +0 +$1.0M
CPHC Bought more +4K +$593K
BRKA Price move only +0 -$279K
CLW Price move only +0 +$231K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
GEAR March 31, 2025 545,303 $10,486,177 No longer tracked