DSC Meridian Capital LP

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), DSC Meridian Capital LP reported 11 stock positions worth $303.9 million. Its top holding was Grupo Aeromexico Sab DE CV (AERO) at 16.9% of the portfolio, followed by Azul SA-Spon ADR (AZUL, 16.2%) and Core Scientific (CORZ, 16.0%). Compared with Q1 2026, it opened 3 new positions, sold out of 1, added to 3 and reduced 3. The biggest buy was a new position in Azul SA-Spon ADR (AZUL) and the biggest sale an exit from Ishr Ibx Usd Hiyld CB ETF-Ui (HYG).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001970572
Portfolio Value
$303.9M (Q2 2026)
SEC Filing
0001970572-26-000005 ↗ filed Aug 14, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $80.6M Q1 2024 Q2 2024: $121.7M Q2 2024 Q3 2024: $111.1M Q3 2024 Q4 2024: $124.8M Q4 2024 Q1 2025: $101.1M Q1 2025 Q2 2025: $148.1M Q2 2025 Q3 2025: $200.0M Q3 2025 Q4 2025: $203.9M Q4 2025 Q1 2026: $188.9M Q1 2026 Q2 2026: $303.9M $303.9M Q2 2026

Holdings 11 stocks · $303.9M
AERO Grupo Aeromexico Sab DE CV 16.89% 2,851,895 $51.3M No change
AZUL Azul SA-Spon ADR 16.20% 5,474,847 $49.2M New
CORZ Core Scientific Inc. 16.04% 1,905,252 $48.8M Reduce -16.4%
USHY iShares Broad Usd High Yield 14.39% 1,181,455 $43.7M Add +8.9%
BKLN Invesco Senior Loan ETF 14.30% 2,132,742 $43.4M New
VST Vistra Corp. 7.71% 147,699 $23.4M Add +48.7%
EA Electronic Arts Inc. 4.33% 64,241 $13.2M Add +210.3%
TECK Teck Resources Ltd.-CLS B 3.86% 197,240 $11.7M Reduce -0.1%
RKT Rocket Cos Inc. Class A 3.41% 657,400 $10.4M Reduce -0.3%
CZR Caesars Entertainment Inc. 1.64% 165,000 $5.0M New
GTN Gray Media Inc. 1.23% 939,714 $3.7M No change
Other holdings (4): bonds, preferreds, convertibles and warrants · $123.3M (not counted above)
SecurityClassShares / PrincipalValueChange
NCL CORPORATION LTD (NCLH 0.875 04/15/30) NOTE 0.875% 4/1 · principal 34,217,000$38.2MNew
SUNRUN INC (RUN 4 03/01/30) NOTE 4.000% 3/0 · principal 31,500,000$37.4MAdd +57.5%
SUPER MICRO COMPUTER INC (SMCI 2.25 07/15/28) NOTE 2.250% 7/1 · principal 35,000,000$34.4MAdd +133.3%
SUPER MICRO COMPUTER INC (SMCI 0 06/15/30) NOTE 6/1 · principal 15,000,000$13.3MNew

Total filed on the 13F, all lines: $427.2M.

Portfolio Sells Q1 2026 → Q2 2026
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Sold out 0.00% −16.95
CORZ Core Scientific Inc. Reduce -16.4% 16.04% −2.02
RKT Rocket Cos Inc. Class A Reduce -0.3% 3.41% −1.57
TECK Teck Resources Ltd.-CLS B Reduce -0.1% 3.86% −1.55

Portfolio Buys Q1 2026 → Q2 2026
AZUL Azul SA-Spon ADR New 16.20% +16.20
BKLN Invesco Senior Loan ETF New 14.30% +14.30
EA Electronic Arts Inc. Add +210.3% 4.33% +2.10
CZR Caesars Entertainment Inc. New 1.64% +1.64
VST Vistra Corp. Add +48.7% 7.71% −0.20
USHY iShares Broad Usd High Yield Add +8.9% 14.39% −6.77

Options Activity Q1 2026 → Q2 2026
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 45,000 $29.3Mbefore exit
IWM iShares Russell 2000 ETF put Sold out 102,500 $25.4Mbefore exit
CORZ Core Scientific Inc. put Sold out 1,000,000 $15.0Mbefore exit
WULF Terawulf Inc. put Sold out 900,000 $13.0Mbefore exit
SMCI Super Micro Computer Inc. put Sold out 150,000 $3.4Mbefore exit
CIFR Cipher Digital Inc. put Sold out 200,000 $2.6Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2026 → Q2 2026
NCL CORPORATION LTD (NCLH 0.875 04/15/30) NOTE 0.875% 4/1 · principal New 34,217,000 $38.2M
SUNRUN INC (RUN 4 03/01/30) NOTE 4.000% 3/0 · principal Add +57.5% 31,500,000 $37.4M
SUPER MICRO COMPUTER INC (SMCI 2.25 07/15/28) NOTE 2.250% 7/1 · principal Add +133.3% 35,000,000 $34.4M
SUPER MICRO COMPUTER INC (SMCI 0 06/15/30) NOTE 6/1 · principal New 15,000,000 $13.3M
MARA HOLDINGS INC (MARA 0 06/01/31) NOTE 6/0 · principal Sold out 11,506,000 $10.6Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$303.9MAERO, AZUL, CORZ, USHY, BKLN
Q1 2026 9$188.9MUSHY, AERO, CORZ, HYG, VST
Q4 2025 9$203.9MAERO, CORZ, USHY, BKLN, VST
Q3 2025 9$200.0MBKLN, CORZ, VST, COOP, TECK
Q2 2025 10$148.1MUSHY, VST, BKLN, K, CORZ
Q1 2025 6$101.1MUSHY, BKLN, VST, HYG, TLN
Q4 2024 11$124.8MBKLN, VCLT, USHY, VST, HCP
Q3 2024 13$111.1MUSHY, VCLT, TLT, BKLN, VST
Q2 2024 11$121.7MUSHY, TLT, VCLT, BKLN, TECK
Q1 2024Amended 5$80.6MTLT, VCLT, BKLN, TECK, SLCA