Bayberry Capital Partners LP In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Bayberry Capital Partners LP reported 24 stock positions worth $310.9 million . Its top holding was Lionsgate Studios (LION) at 9.6% of the portfolio, followed by Churchill Downs (CHDN, 7.4% ) and Wesco International (WCC, 6.9% ). Compared with Q3 2025, it opened 9 new positions, sold out of 11, added to 4 and reduced 10. The biggest buy was a new position in Solstice Adv Materials (SOLS) and the biggest sale an exit from Golar LNG (GLNG).
Location NEW YORK, NY
CIK 0001771524
Portfolio Value $310.9M (Q4 2025) Holdings 24 stocks · $310.9M 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 Q3 2025 LION Lionsgate Studios Corp. 3,260,000 $29.8M Reduce -41.5% CHDN Churchill Downs Inc. 202,400 $23.0M Reduce -23.3% WCC Wesco International Inc. 88,100 $21.6M Reduce -34.3% PRMB Primo Brands Corp. 1,200,700 $19.6M Add +27.3% SXT Sensient Technologies Corp. 207,191 $19.5M Add +7.3% UHAL.B U-Haul Holding Co.-Non Voting 414,154 $19.4M Reduce -9.4% WWD Woodward Inc. 56,000 $16.9M Reduce -8.7% AER Aercap Holdings NV 112,600 $16.2M Reduce -13.3% JBS JBS NV-A 1,002,000 $14.4M No change BATRK Atlanta Braves Holdings in-C 350,100 $13.8M Reduce -18.9% SOLS Solstice Adv Materials Inc. 278,900 $13.5M New CELH Celsius Holdings Inc. 293,040 $13.4M New CNM Core & Main Inc. Class A 257,000 $13.4M New CLH Clean Harbors Inc. 48,200 $11.3M New LINE Lineage Inc. 313,700 $11.0M New TJX TJX Companies Inc. filed as TJX COS INC NEW 68,200 $10.5M Reduce -12.1% UAL United Airlines Holdings Inc. 88,400 $9.9M New AYI Acuity Inc. 27,296 $9.8M Add +38.6% QDEL Quidelortho Corp. 308,264 $8.8M Add +69.2% GFF Griffon Corp. 65,000 $4.8M Reduce -47.5% VSXY Victoria's Secret & Co. 77,700 $4.2M Reduce -67.8% IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 59,000 $4.0M New GAP The Gap Inc. 72,200 $1.8M New FNKO Funko Inc. Class A 80,000 $272K New
Options reported separately and not counted above: LION calls ($4.6M).
Portfolio Sells Q3 2025 → Q4 2025 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 Q3 2025 % Of Portfolio Change To Portfolio ▲ GLNG Golar LNG Ltd. Sold out 0.00% −4.02 ATMU Atmus Filtration Technologie Sold out 0.00% −3.67 ATI Ati Inc. Sold out 0.00% −2.91 TIC Tic Solutions Inc. Sold out 0.00% −2.58 ALIT Alight Inc. Class A Sold out 0.00% −2.27 MGRC McGrath Rentcorp Sold out 0.00% −2.26 LPX Louisiana-Pacific Corp. Sold out 0.00% −2.18 VVV Valvoline Inc. Sold out 0.00% −2.15 DLTR Dollar Tree Inc. Sold out 0.00% −1.95 LION Lionsgate Studios Corp. Reduce -41.5% 9.57% −1.50 WCC Wesco International Inc. Reduce -34.3% 6.93% −1.23 GFF Griffon Corp. Reduce -47.5% 1.54% −1.17 COCO The Vita Coco Co. Inc. Sold out 0.00% −1.14 BATRK Atlanta Braves Holdings in-C Reduce -18.9% 4.44% −0.72 PLYM Plymouth Industrial REIT Inc. Sold out 0.00% −0.59 VSXY Victoria's Secret & Co. Reduce -67.8% 1.35% −0.53 UHAL.B U-Haul Holding Co.-Non Voting Reduce -9.4% 6.23% −0.47 CHDN Churchill Downs Inc. Reduce -23.3% 7.41% +0.04 TJX TJX Companies Inc. Reduce -12.1% 3.37% +0.14 AER Aercap Holdings NV Reduce -13.3% 5.21% +0.69 WWD Woodward Inc. Reduce -8.7% 5.45% +0.99
Portfolio Buys Q3 2025 → Q4 2025 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 Q3 2025 % Of Portfolio Change To Portfolio ▼ SOLS Solstice Adv Materials Inc. New 4.36% +4.36 CELH Celsius Holdings Inc. New 4.31% +4.31 CNM Core & Main Inc. Class A New 4.30% +4.30 CLH Clean Harbors Inc. New 3.64% +3.64 LINE Lineage Inc. New 3.53% +3.53 UAL United Airlines Holdings Inc. New 3.18% +3.18 QDEL Quidelortho Corp. Add +69.2% 2.83% +1.29 IFF Intl Flavors & Fragrances New 1.28% +1.28 AYI Acuity Inc. Add +38.6% 3.16% +1.21 SXT Sensient Technologies Corp. Add +7.3% 6.26% +1.05 GAP The Gap Inc. New 0.59% +0.59 PRMB Primo Brands Corp. Add +27.3% 6.32% +0.32 FNKO Funko Inc. Class A New 0.09% +0.09
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ IWM iShares Russell 2000 ETF put Sold out 300,000 $72.6Mbefore exit LION Lionsgate Studios Corp. call New 500,000 $4.6M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 27 $290.2M CSTM, SXT, GLNG, WWD, CHDN Q1 2026 28 $302.6M LION, CSTM, SXT, CHDN, WCC Q4 2025 24 $310.9M LION, CHDN, WCC, PRMB, SXT Q3 2025 26 $347.5M LION, WCC, CHDN, UHAL.B, PRMB Q2 2025 22 $302.7M SXT, WCC, LION, UHAL.B, BATRK Q1 2025 18 $299.6M CRS, SXT, LION, UHAL.B, WCC Q4 2024 16 $262.5M CRS, UHAL.B, UAL, QDEL, WCC Q3 2024 18 $296.5M CRS, ALIT, QDEL, BERY, ATMU Q2 2024 22 $394.0M CRS, AER, ATMU, IQV, WCC Q1 2024 22 $368.2M CRS, IQV, CRH, ATMU, DG