CASPIAN CAPITAL LP

CIK 1518999 · View on SEC EDGAR ↗

Portfolio value
$176.1M
#6,892 of 9,443 by 13F value · top 73.0%
Positions
13
As of
June 30, 2026

Portfolio value QoQ: +71.3% 13F does not disclose cash

Top 10 holdings weight
96.51%
Top 25 holdings weight
100.00%
Positions above 1%
12
Effective number of positions
7.2

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

Turnover Q2 2026: 4.29% Est. buys $67,838,245 · sells $5,983,713

New positions
4
Increased
2
Decreased
1
Closed
3
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Performance vs S&P 500

Tracked Q4 2025–Q2 2026
+10.8%
S&P 500 total return (same window)
+8.7%
Excess return
+2.1%

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: 100.0% · Options excluded: 0.0%

Sector breakdown

Industrials
44.6%
Health Care
22.3%
Utilities
3.3%
Consumer Discretionary
1.8%
Other/Unmapped
28.0%

Full portfolio 13 positions

Type Streak 8Q trend
HYG $39,985,000 22.70% 500,000 Up ×1
BLCO Bausch + Lomb Corporation Common Shares $33,104,152 18.80% 1,999,043 $1,319,368
FIP FTAI Infrastructure Inc. - Common Stock $24,180,464 13.73% 5,211,307 $-1,563,393
ATRO Astronics Corporation - Common Stock $23,237,516 13.19% 285,965 $5,372,293 Up ×2
FTAI FTAI Aviation Ltd. - Common Stock $12,563,684 7.13% 46,441 $1,185,639
UNP Union Pacific Corporation Common Stock $11,424,000 6.49% 42,000 Up ×1
Unknown issuer (CUSIP: 05501U601) $9,300,371 5.28% 1,034,524 Up ×1
CTEV Claritev Corporation Class A Common Stock $6,167,975 3.50% 180,826 $346,850 Down ×1
NRG NRG Energy, Inc. Common Stock $5,842,400 3.32% 40,000 $2,627,320 Up ×1
HDSN Hudson Technologies, Inc. - Common Stock $4,180,476 2.37% 728,306 $-101,963
XPOF Xponential Fitness, Inc. Class A Common Stock $3,116,457 1.77% 450,355 $405,320
AZ A2Z Cust2Mate Solutions Corp. - Common Shares $3,017,530 1.71% 518,476 Up ×1
SDAWW SunCar Technology Group Inc. - Warrant $8,150 0.00% 50,000 $-4,350

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
HYG $39,985,000 500,000 22.70%
UNP $11,424,000 42,000 6.49%
Unknown issuer (CUSIP: 05501U601) $9,300,371 1,034,524 5.28%
AZ $3,017,530 518,476 1.71%

Top movers (QoQ)

Security Action Shares Δ Value Δ
ATRO Bought more +18K +$5.4M
NRG Bought more +18K +$2.6M
FIP Price move only +0 -$1.6M
BLCO Price move only +0 +$1.3M
FTAI Price move only +0 +$1.2M
XPOF Price move only +0 +$405K
CTEV Trimmed -175K +$347K
HDSN Price move only +0 -$102K
SDAWW Price move only +0 -$4K

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
CCO March 31, 2026 9,275,000 $20,497,750 0.6%
PACS March 31, 2026 381,195 $14,634,076 36.0%
FUN March 31, 2026 276,225 $4,237,292 -4.7%