Compass Rose Asset Management, LP In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Compass Rose Asset Management, LP reported 13 stock positions worth $204.2 million . Its top holding was Invesco Senior Loan ETF (BKLN) at 24.8% of the portfolio, followed by Vale SA-SP ADR (VALE, 13.0% ) and iShares MSCI Brazil ETF (EWZ, 9.9% ). Compared with Q3 2024, it opened 6 new positions, sold out of 2, added to 5 and reduced 2. The biggest buy was a new position in Invesco Senior Loan ETF (BKLN) and the biggest sale Paramount Global Class B (PARAA, shares −57% ).
Location New York, NY
CIK 0001758811
Portfolio Value $204.2M (Q4 2024) Holdings 13 stocks · $204.2M 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 2024 BKLN Invesco Senior Loan ETF 2,400,000 $50.6M New VALE Vale SA-SP ADR 3,000,000 $26.6M New EWZ iShares MSCI Brazil ETF 900,000 $20.3M New EWW iShares MSCI Mexico ETF 400,000 $18.7M New BHC Bausch Health Cos Inc. 2,100,000 $16.9M Add +366.7% INTC Intel Corp. 800,000 $16.0M Add +60.0% PARAA Paramount Global Class B 1,500,000 $15.7M Reduce -57.1% B Barrick Gold Corp. 1,000,000 $15.5M New NBIS Nebius Group NV 350,000 $9.7M New EQX Equinox Gold Corp. 1,600,000 $8.0M Add +1500.0% IHS Ihs Holding Ltd. 1,130,000 $3.3M Add +13.0% OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 1,000,000 $2.4M Reduce -20.0% SANA Sana Biotechnology Inc. 250,000 $408K Add +150.0%
Options reported separately and not counted above: WBD calls ($21.1M), VALE calls ($13.3M), EWZ calls ($11.3M).
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ PARAA Paramount Global Class B Reduce -57.1% 7.68% −35.59 ACI Albertsons Cos Inc. Class A Sold out 0.00% −16.14 WBD Warner Bros Discovery Inc. Sold out 0.00% −14.41 OPTU Optimum Communications Inc. Class A Reduce -20.0% 1.18% −2.40
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ BKLN Invesco Senior Loan ETF New 24.77% +24.77 VALE Vale SA-SP ADR New 13.03% +13.03 EWZ iShares MSCI Brazil ETF New 9.92% +9.92 EWW iShares MSCI Mexico ETF New 9.17% +9.17 B Barrick Gold Corp. New 7.59% +7.59 NBIS Nebius Group NV New 4.75% +4.75 BHC Bausch Health Cos Inc. Add +366.7% 8.29% +4.02 EQX Equinox Gold Corp. Add +1500.0% 3.93% +3.23 SANA Sana Biotechnology Inc. Add +150.0% 0.20% −0.28 IHS Ihs Holding Ltd. Add +13.0% 1.62% −1.86 INTC Intel Corp. Add +60.0% 7.86% −5.80
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ WBD Warner Bros Discovery Inc. call Add +25.0% 2,000,000 $21.1M VALE Vale SA-SP ADR call New 1,500,000 $13.3M EWZ iShares MSCI Brazil ETF call New 500,000 $11.3M ACI Albertsons Cos Inc. Class A call Sold out 525,000 $9.7Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024 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 14 $173.2M WBD, KWEB, CMCSA, MSTR, CHTR Q1 2026 11 $115.8M KWEB, RKT, NVT, KMB, SUZ Q4 2025 13 $156.7M KVUE, KMB, KWEB, CMCSA, BLCO Q3 2025 11 $104.3M KHC, KRE, BLCO, WBD, RDN Q2 2025 9 $107.9M PARAA, UNH, INTC, VALE, BLCO Q1 2025 15 $197.8M VALE, PARAA, B, IWM, BLCO Q4 2024 13 $204.2M BKLN, VALE, EWZ, EWW, BHC Q3 2024 9 $85.9M PARAA, ACI, WBD, INTC, BHC Q2 2024 5 $44.7M WBD, PARAA, IHS, VISN, OPTU Q1 2024 4 $83.3M WBD, FXI, BABA, PARAA