DG Capital Management, LLC In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), DG Capital Management, LLC reported 16 stock positions worth $154.4 million . Its top holding was Tenet Healthcare (THC) at 21.0% of the portfolio, followed by Caesars Entertainment (CZR, 13.2% ) and Fennec Pharmaceuticals (FENC, 10.9% ). Compared with Q4 2023, it opened 2 new positions, sold out of 2, added to 7 and reduced 6. The biggest buy was a new position in Advisorshares Pure US Cann (MSOS) and the biggest sale Hertz Global (HTZ, shares −3% ).
Location NEW YORK, NY
CIK 0001512716
Portfolio Value $154.4M (Q1 2024) Holdings 16 stocks · $154.4M 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 THC Tenet Healthcare Corp. 308,064 $32.4M Reduce -15.7% CZR Caesars Entertainment Inc. 467,816 $20.5M Add +3.3% FENC Fennec Pharmaceuticals Inc. 1,511,663 $16.8M Add +40.5% EVRI Everi Holdings Inc. 1,493,304 $15.0M Add +22.3% BUR Burford Capital Ltd. 888,711 $14.2M Add +0.2% INSE Inspired Entertainment Inc. 1,398,131 $13.8M Add +11.7% HTZ Hertz Global Hldgs Inc. 1,256,144 $9.8M Reduce -2.6% ATSG Air Transport Services Group 694,377 $9.6M Reduce -0.3% CYH Community Health Systems Inc. 1,887,045 $6.6M Add +51.0% AMARIN CORP PLC 6,444,743 $5.7M Add +19.2% MSOS Advisorshares Pure US Cann 421,775 $4.2M New GSM Ferroglobe PLC 639,824 $3.2M Reduce -1.5% VEON Veon Ltd. 58,432 $1.4M Reduce -67.3% HUMA Humacyte Inc. 230,238 $716K New AWRE Aware Inc. 287,938 $538K Reduce -58.7% AILWQ Arrowroot Acquisition Corp. 13,238 $3K No change
Options reported separately and not counted above: CZR calls ($4.4M), BUR calls ($3.2M), HTZ calls ($783K), INSE calls ($470K).
Other holdings (3): bonds, preferreds, convertibles and warrants · $10K (not counted above) Security Class Shares / Principal Value Change COOLW Corner Growth Acq Class A -CW27 *W EXP 99/99/999 38,762 $6K No change JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 13,189 $3K No change ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 46,113 $1K No change
Total filed on the 13F, all lines: $154.5M.
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 ▲ HTZ Hertz Global Hldgs Inc. Reduce -2.6% 6.37% −2.71 M Macy's Inc. Sold out 0.00% −2.32 ATSG Air Transport Services Group Reduce -0.3% 6.19% −2.12 VEON Veon Ltd. Reduce -67.3% 0.91% −1.47 GSM Ferroglobe PLC Reduce -1.5% 2.06% −0.80 AWRE Aware Inc. Reduce -58.7% 0.35% −0.44 ACIC American Coastal Insurance C Sold out 0.00% −0.11 THC Tenet Healthcare Corp. Reduce -15.7% 20.97% +2.27
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 ▼ MSOS Advisorshares Pure US Cann New 2.73% +2.73 FENC Fennec Pharmaceuticals Inc. Add +40.5% 10.88% +2.71 CYH Community Health Systems Inc. Add +51.0% 4.28% +1.63 INSE Inspired Entertainment Inc. Add +11.7% 8.93% +0.55 AMARIN CORP PLC Add +19.2% 3.72% +0.53 HUMA Humacyte Inc. New 0.46% +0.46 EVRI Everi Holdings Inc. Add +22.3% 9.72% +0.40 BUR Burford Capital Ltd. Add +0.2% 9.19% −0.18 CZR Caesars Entertainment Inc. Add +3.3% 13.25% −1.13
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ THC Tenet Healthcare Corp. call Sold out 11,000 $831Kbefore exit INSE Inspired Entertainment Inc. call Add +5.5% 47,700 $470K
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 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 18 $261.1M MCY, TLN, XE, CBZ, GDDY Q1 2026 17 $197.5M MCY, TLN, GDDY, GLNG, CZR Q4 2025 12 $91.4M MCY, ACIC, CAPR, GEL, TLN Q3 2025 11 $153.6M MCY, BUR, CZR, ATEX, MAGN Q2 2025 14 $211.9M MCY, BUR, THC, ATEX, COO Q1 2025 13 $183.6M MCY, TLN, ATEX, THC, BUR Q4 2024 12 $147.1M TLN, THC, BUR, GEO, ATEX Q3 2024 11 $193.0M THC, TLN, CZR, BUR, CYH Q2 2024 13 $141.9M THC, CZR, EVRI, BUR, INSE Q1 2024 16 $154.4M THC, CZR, FENC, EVRI, BUR