Silver Point Capital portfolio

What changed this quarter

10 positions with a change (3 new, 2 added to, 1 trimmed, 4 sold). 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• EchoStar−7.8 ppof portfolioSold out
  7.8% → —
• Bausch & Lomb−3.3 ppof portfolioSold out
  3.3% → —
• FS KKR Capital+2.7 ppof portfolioNew
  — → 2.9%
• iShares Broad USD High Yield ETF+1.3 ppof portfolioNew
  — → 1.4%
• Frontier Group Holdings−58%fewer sharesReduced
  1.2% → 1.2%
• KinderCare Learning Companies+84%more sharesIncreased
  0.6% → 2.2%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Gulfport EnergyGPOR45.4%Since Q2 2021 · 21 quartersDetails ▾
• Grupo Aeromexico, S.A.B. de C.V.AERO25.9%Since Q4 2025 · 3 quartersDetails ▾
• Diversified Healthcare TrustDHC14.8%Since Q2 2023 · 13 quartersDetails ▾
• Studio City International HoldingsMSC5.4%Since Q4 2018 · 31 quartersDetails ▾
• FS KKR CapitalFSK2.9%Since Q2 2026 · 1 quarterDetails ▾
• KinderCare Learning CompaniesKLC2.2%Since Q1 2026 · 2 quartersDetails ▾
• iShares Broad USD High Yield ETFUSHY1.4%Since Q2 2026 · 1 quarterDetails ▾
• Frontier Group HoldingsULCC1.2%Since Q1 2025 · 6 quartersDetails ▾
• Six Flags EntertainmentFUN0.3%Since Q4 2025 · 3 quartersDetails ▾
• FMCFMC0.1%Since Q2 2026 · 1 quarterDetails ▾
• Central and Eastern EU ICEE0.1%Since Q1 2025 · 6 quartersDetails ▾
• SkinHealth SystemsSKIN0.1%Since Q3 2023 · 12 quartersDetails ▾

“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.