Bardin Hill Management Partners LP In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Bardin Hill Management Partners LP reported 26 stock positions worth $230.5 million . Its top holding was Nextdecade (NEXT) at 21.2% of the portfolio, followed by Pioneer Natural Resources (PXD, 14.5% ) and Hollysys Automation Technolo (HOLI, 6.2% ). Compared with Q4 2023, it opened 7 new positions, sold out of 12, added to 9 and reduced 9. The biggest buy was Pioneer Natural Resources (PXD, shares +60% ) and the biggest sale an exit from Spirit Realty Capital (SRC).
Location NEW YORK, NY
CIK 0001616416
Portfolio Value $230.5M (Q1 2024) Holdings 26 stocks · $230.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 NEXT Nextdecade Corp. 8,583,861 $48.8M Add +1.1% PXD Pioneer Natural Resources Co. 127,361 $33.4M Add +60.0% HOLI Hollysys Automation Technolo 557,453 $14.3M Add +22.4% EDR Endeavor Group Hold Class A 553,181 $14.2M Add +140.2% LSXMK Liberty Media Corp.-Liber-New 473,086 $14.1M Add +29.9% NGMS Neogames SA 403,535 $11.7M Reduce -24.0% HES Hess Corp. 75,337 $11.5M Add +30.4% ACI Albertsons Cos Inc. Class A 526,985 $11.3M Add +21.5% GSM Ferroglobe PLC 1,943,862 $9.7M Add +4.7% AMED Amedisys Inc. 99,141 $9.1M Add +5.3% AXONICS INC 108,138 $7.5M New TCN Tricon Residential Inc. 575,179 $6.4M New CCO Clear Channel Outdoor Holdin 3,426,576 $5.7M Reduce -2.8% LVS Las Vegas Sands Corp. 107,675 $5.6M No change X United States Steel Corp. 133,581 $5.4M Reduce -19.8% GLNG Golar LNG Ltd. 153,843 $3.7M New CPRI Capri Holdings Ltd. 75,683 $3.4M Reduce -64.6% RCM R1 RCM Inc. 264,320 $3.4M New AEL American National Group Inc. 38,930 $2.2M Reduce -43.4% TALO Talos Energy Inc. 137,521 $1.9M New EVBG Everbridge Inc. 50,561 $1.8M New SWAV Shockwave Medical Inc. 5,324 $1.7M New EHAB Enhabit Inc. 148,398 $1.7M Reduce -63.2% TKO Tko Group Holdings Inc. 15,240 $1.3M Reduce -64.5% IHRT Iheartmedia Inc. Class A 287,008 $600K Reduce -13.4% SEQUANS COMMUNICATIONS S A 318,650 $122K Reduce -63.9%
Options reported separately and not counted above: SIRI puts ($2.4M), ACI calls ($643K), CPRI puts ($528K), EDR puts ($221K), SAVEQ puts ($156K), GLNG calls ($121K), X calls ($102K), CPRI calls ($98K), FOUR calls ($66K), LSXMK puts ($59K), HES puts ($52K), VZIO puts ($37K), and 1 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $5.1M (not counted above) Total filed on the 13F, all lines: $235.6M.
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ SRC Spirit Realty Capital Inc. Sold out 0.00% −4.62 AYX Alteryx Inc. Class A Sold out 0.00% −4.12 CPRI Capri Holdings Ltd. Reduce -64.6% 1.49% −3.36 NGMS Neogames SA Reduce -24.0% 5.07% −1.78 TGH Textainer Group Holdings Ltd. Sold out 0.00% −1.31 X United States Steel Corp. Reduce -19.8% 2.36% −1.29 EHAB Enhabit Inc. Reduce -63.2% 0.75% −1.13 SEQUANS COMMUNICATIONS S A Reduce -63.9% 0.05% −1.07 TKO Tko Group Holdings Inc. Reduce -64.5% 0.57% −1.00 ANSS Ansys Inc. Sold out 0.00% −0.91 CYTK Cytokinetics Inc. Sold out 0.00% −0.91 TXNM TXNM Energy Inc. Sold out 0.00% −0.89 SGML Sigma Lithium Corp. Sold out 0.00% −0.88 AEL American National Group Inc. Reduce -43.4% 0.95% −0.78 VST Vistra Corp. Sold out 0.00% −0.74 MANU Manchester United PLC Class A Sold out 0.00% −0.71 IMGN Immunogen Inc. Sold out 0.00% −0.55 CCO Clear Channel Outdoor Holdin Reduce -2.8% 2.45% −0.44 EAGLE BULK SHIPPING INC Sold out 0.00% −0.35 IHRT Iheartmedia Inc. Class A Reduce -13.4% 0.26% −0.14 SLAC Social Leverage Acquisitio-A Sold out 0.00% −0.07
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ PXD Pioneer Natural Resources Co. Add +60.0% 14.51% +6.44 EDR Endeavor Group Hold Class A Add +140.2% 6.18% +3.71 AXONICS INC New 3.24% +3.24 NEXT Nextdecade Corp. Add +1.1% 21.15% +2.90 TCN Tricon Residential Inc. New 2.78% +2.78 GLNG Golar LNG Ltd. New 1.61% +1.61 RCM R1 RCM Inc. New 1.48% +1.48 LSXMK Liberty Media Corp.-Liber-New Add +29.9% 6.10% +1.38 HES Hess Corp. Add +30.4% 4.99% +1.24 TALO Talos Energy Inc. New 0.83% +0.83 HOLI Hollysys Automation Technolo Add +22.4% 6.19% +0.78 EVBG Everbridge Inc. New 0.76% +0.76 SWAV Shockwave Medical Inc. New 0.75% +0.75 ACI Albertsons Cos Inc. Class A Add +21.5% 4.90% +0.41 AMED Amedisys Inc. Add +5.3% 3.96% −0.07 GSM Ferroglobe PLC Add +4.7% 4.20% −1.24
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ SIRI Sirius XM Holdings Inc. put Add +154.7% 15,073 $2.4M SAVEQ Spirit Airlines Inc. call Sold out 3,030 $691Kbefore exit ACI Albertsons Cos Inc. Class A call New 2,428 $643K CPRI Capri Holdings Ltd. put Reduce -44.3% 1,240 $528K X United States Steel Corp. put Sold out 2,567 $279Kbefore exit EDR Endeavor Group Hold Class A put Add +277.9% 5,529 $221K SAVEQ Spirit Airlines Inc. put New 1,045 $156K GLNG Golar LNG Ltd. call New 480 $121K X United States Steel Corp. call Add +65.2% 2,747 $102K CPRI Capri Holdings Ltd. call New 854 $98K FOUR SHIFT4 Payments Inc. Class A call New 295 $66K HES Hess Corp. put Add +21.1% 575 $52K VZIO Vizio Holding Corp. Class A put New 2,427 $37K HOLI Hollysys Automation Technolo put Reduce -37.6% 5,459 $27K EHAB Enhabit Inc. put Sold out 109 $4Kbefore exit SOVO Sovos Brands Inc. call Sold out 278 $2Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ SPLUNK INC (SPLK 1.125 09/15/25) NOTE 1.125% 9/1 · principal Sold out 4,832,000 $5.4Mbefore exit JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) CONVERTIBLE BOND · principal New 5,850,000 $5.1M SPLUNK INC (SPLK 1.125 06/15/27) NOTE 1.125% 6/1 · principal Sold out 3,740,000 $3.6Mbefore exit VNET GROUP INC (VNET 0 02/01/26) NOTE 2/0 · principal Sold out 500,000 $471Kbefore exit SLACW Social Leverage Acq A -CW27 *W EXP 02/17/202 Sold out 13,492 $46Kbefore exit MDAIW Spectral AI -CW27 *W EXP 09/11/202 Sold out 175,303 $39Kbefore exit VISTRA CORP - CW24 *W EXP 02/02/202 Sold out 180,582 $1Kbefore exit INNOVID CORP *W EXP 11/30/202 Sold out 268 $0before exit MVLAW Pathfinder Acq Class A -CW27 *W EXP 02/10/202 Sold out 49,024 $0before exit JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 Sold out 5,999 $0before exit RMGWF RMG Acquisition Class A -CW27 *W EXP 99/99/999 Sold out 2,182 $0before exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 0 $0 Q1 2026 0 $0 Q4 2025 0 $0 Q3 2025 5 $79.3M NEXT, GSM, CCO, LTM, INDV Q2 2025 35 $158.7M NEXT, FYBR, K, GSM, EVRI Q1 2025 24 $230.1M NEXT, SGI, ITCI, K, FYBR Q4 2024 26 $177.3M NEXT, K, HCP, GLNG, SPR Q3 2024 29 $187.7M NEXT, AXONICS INC, HCP, AMED, K Q2 2024 Amended 23 $179.5M NEXT, EDR, AMED, ACI, GSM Q1 2024 26 $230.5M NEXT, PXD, HOLI, EDR, LSXMK