In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Caspian Capital LP reported 12 stock positions worth $176.1 million . Its top holding was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) at 22.7% of the portfolio, followed by Bausch + Lomb (BLCO, 18.8% ) and Ftai Infrastructure (FIP, 13.7% ). Compared with Q1 2026, it opened 4 new positions, added to 2 and reduced 1. The biggest buy was a new position in Ishr Ibx Usd Hiyld CB ETF-Ui (HYG) and the biggest sale Claritev (CTEV, shares −49% ).
Location New York, NY
CIK 0001518999
Portfolio Value $176.1M (Q2 2026) Holdings 12 stocks · $176.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 HYG Ishr Ibx Usd Hiyld CB ETF-Ui 500,000 $40.0M New BLCO Bausch + Lomb Corp. 1,999,043 $33.1M No change FIP Ftai Infrastructure Inc. 5,211,307 $24.2M No change ATRO Astronics Corp. 285,965 $23.2M Add +6.8% FTAI Ftai Aviation Ltd. 46,441 $12.6M No change UNP Union Pacific Corp. 42,000 $11.4M New AZUL Azul SA-Spon ADR 1,034,524 $9.3M New CTEV Claritev Corp. 180,826 $6.2M Reduce -49.2% NRG NRG Energy Inc. 40,000 $5.8M Add +81.8% HDSN Hudson Technologies Inc. 728,306 $4.2M No change XPOF Xponential Fitness Inc. Class A 450,355 $3.1M No change AZ A2Z CUST2MATE Solutions Corp. 518,476 $3.0M New
Other holdings (1): bonds, preferreds, convertibles and warrants · $8K (not counted above) Security Class Shares / Principal Value Change SDAWW Suncar Technology Group -28 *W EXP 05/17/202 50,000 $8K No change
Total filed on the 13F, all lines: $176.1M.
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ CTEV Claritev Corp. Reduce -49.2% 3.50% −2.16
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ HYG Ishr Ibx Usd Hiyld CB ETF-Ui New 22.70% +22.70 UNP Union Pacific Corp. New 6.49% +6.49 AZUL Azul SA-Spon ADR New 5.28% +5.28 AZ A2Z CUST2MATE Solutions Corp. New 1.71% +1.71 NRG NRG Energy Inc. Add +81.8% 3.32% +0.19 ATRO Astronics Corp. Add +6.8% 13.19% −4.18
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 12 $176.1M HYG, BLCO, FIP, ATRO, FTAI Q1 2026 8 $102.8M BLCO, FIP, ATRO, FTAI, CTEV Q4 2025 10 $151.2M BLCO, FIP, FTAI, CCO, PACS Q3 2024 4 $73.4M FIP, MD, BLCO, HDSN Q2 2024 4 $55.4M FIP, HDSN, BLCO, MD Q1 2024 4 $61.5M FIP, FTAI, HDSN, BLCO