Aurelius Capital Management, LP

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Aurelius Capital Management, LP reported 5 stock positions worth $9.5 million. Its top holding was Core Scientific (CORZ) at 51.6% of the portfolio, followed by Terawulf (WULF, 26.6%) and Bitdeer Technologies Group-A (BTDR, 11.4%). Compared with Q4 2024, it opened 4 new positions and reduced 1. The biggest buy was a new position in Terawulf (WULF) and the biggest sale Core Scientific (CORZ, shares −47%).

Most Recent 13F
Q3 2025
Location
New York, NY
CIK
0001362948
Portfolio Value
$9.5M (Q1 2025)
SEC Filing
0001172661-25-001862 ↗ filed May 14, 2025

Holdings Value

0$20.0M$40.0M$60.0M Q4 2024: $17.9M Q4 2024 Q1 2025: $9.5M $9.5M Q1 2025 Q2 2025: $14.7M Q2 2025 Q3 2025: $55.2M Q3 2025

Holdings 5 stocks · $9.5M

CORZ Core Scientific Inc. 51.63% 674,452 $4.9M Reduce -47.2%
WULF Terawulf Inc. 26.64% 923,031 $2.5M New
BTDR Bitdeer Technologies Group-A 11.36% 121,653 $1.1M New
RIOT Riot Platforms Inc. 7.07% 93,941 $669K New
IREN Iren Ltd. filed as IREN LIMITED 3.29% 51,124 $311K New

Portfolio Sells Q4 2024 → Q1 2025

CORZ Core Scientific Inc. Reduce -47.2% 51.63% −48.37

Portfolio Buys Q4 2024 → Q1 2025

WULF Terawulf Inc. New 26.64% +26.64
BTDR Bitdeer Technologies Group-A New 11.36% +11.36
RIOT Riot Platforms Inc. New 7.07% +7.07
IREN Iren Ltd. New 3.29% +3.29

Notes & Other Activity Q4 2024 → Q1 2025

SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) NOTE 0.250%12/0 · principal Sold out 32,463,000 $19.6Mbefore exit
SUNNOVA ENERGY INTL INC (NOVA 2.625 02/15/28) NOTE 2.625% 2/1 · principal Sold out 18,740,000 $7.2Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 9$55.2MBITF, CORZ, CIFR, WULF, RIOT
Q2 2025 4$14.7MCORZ, TDAY, BTDR, OSG
Q1 2025 5$9.5MCORZ, WULF, BTDR, RIOT, IREN
Q4 2024 1$17.9MCORZ