Cerberus Capital Management, L.P. In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Cerberus Capital Management, L.P. reported 4 stock positions worth $2.7 billion . Its top holding was Albertsons Cos Class A (ACI) at 99.3% of the portfolio, followed by Optimum Communications Class A (OPTU, 0.4% ) and Ionq (IONQ, 0.3% ). Compared with Q2 2025, it reduced 1. The biggest sale was Ionq (IONQ, shares −95% ).
Location NEW YORK, NY
CIK 0001525907
Portfolio Value $2.7B (Q3 2025) Holdings 4 stocks · $2.7B 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 Q2 2025 ACI Albertsons Cos Inc. Class A 99.32% 151,818,680 $2.7B No change OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 0.35% 3,940,785 $9.5M No change IONQ Ionq Inc. 0.29% 127,201 $7.8M Reduce -94.8% SCOR Comscore Inc. 0.04% 109,654 $957K No change
Options reported separately and not counted above: SPY puts ($142.6M).
Portfolio Sells Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▲ IONQ Ionq Inc. Reduce -94.8% 0.29% −2.80
Portfolio Buys Q2 2025 → Q3 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 Q2 2025 % Of Portfolio Change To Portfolio ▼ None this quarter.
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Add +2558.4% 214,000 $142.6M IONQ Ionq Inc. put Sold out 23,238 $999Kbefore exit
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 11 $2.1B ACI, SCOR, OPTU, OBDC, CCAP Q1 2026 13 $2.6B ACI, SCOR, OPTU, IONQ, CABLE ONE INC (CABO 1.125 03/15/28) Q4 2025 4 $2.6B ACI, SCOR, OPTU, IONQ Q3 2025 4 $2.7B ACI, OPTU, IONQ, SCOR Q2 2025 4 $3.4B ACI, IONQ, OPTU, SCOR Q1 2025 3 $3.3B ACI, OPTU, SCOR Q4 2024 4 $3.4B ACI, FYBR, OPTU, SCOR Q3 2024 4 $3.5B ACI, FYBR, OPTU, SCOR Q2 2024 4 $3.6B ACI, FYBR, OPTU, SCOR Q1 2024 6 $4.1B ACI, FYBR, DB, OPTU, DBD