Fortress Investment Group LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Fortress Investment Group LLC reported 56 stock positions worth $693.4 million. Its top holding was Nextnav (NN) at 31.1% of the portfolio, followed by iShares Bitcoin Trust ETF (IBIT, 11.7%) and New Fortress Energy (NFE, 6.4%). Compared with Q1 2025, it opened 34 new positions, sold out of 12, added to 8 and reduced 6. The biggest buy was a new position in Arthur J Gallagher (AJG) and the biggest sale an exit from Talen Energy (TLN).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001380393
- Portfolio Value
- $693.4M (Q2 2025)
- SEC Filing
- 0001085146-25-005087 ↗ filed Aug 14, 2025
Holdings Value
Holdings 56 stocks · $693.4M
| NN Nextnav Inc. | 31.08% | 14,178,054 | $215.5M | No change |
| IBIT iShares Bitcoin Trust ETF | 11.70% | 1,325,000 | $81.1M | No change |
| NFE New Fortress Energy Inc. | 6.42% | 13,399,317 | $44.5M | No change |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 4.62% | 100,000 | $32.0M | New |
| BRO Brown & Brown Inc. | 3.84% | 240,000 | $26.6M | New |
| SITM Sitime Corp. | 3.20% | 104,100 | $22.2M | New |
| SARO Standardaero Inc. | 3.20% | 700,000 | $22.2M | Reduce -18.1% |
| CHWY Chewy Inc. Class A | 3.04% | 494,148 | $21.1M | Add +161.1% |
| FFWM First Foundation Inc. | 2.97% | 4,038,750 | $20.6M | No change |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 2.28% | 400,000 | $15.8M | Add +276.4% |
| ODD Oddity Tech Ltd. Class A | 1.90% | 175,000 | $13.2M | New |
| BIRK Birkenstock Holding PLC | 1.77% | 250,000 | $12.3M | Add +91.2% |
| SRAD Sportradar Group AG-A | 1.70% | 419,440 | $11.8M | Add +1086.5% |
| SAIL Sailpoint Inc. | 1.65% | 500,000 | $11.4M | Add +131.9% |
| KVYO Klaviyo Inc. Class A | 1.45% | 300,000 | $10.1M | New |
| AS Amer Sports Inc. | 1.39% | 248,562 | $9.6M | New |
| PLBY Playboy Inc. | 1.37% | 5,848,953 | $9.5M | No change |
| BALY Bally's Corp. | 1.29% | 931,221 | $8.9M | Reduce -47.9% |
| ETOR Etoro Group Ltd. Class A | 1.20% | 125,000 | $8.3M | New |
| ZWS Zurn Elkay Water Solutions C | 1.13% | 214,542 | $7.8M | Add +7.3% |
| RBRK Rubrik Inc. Class A | 1.09% | 84,022 | $7.5M | New |
| QXO Qxo Inc. | 0.93% | 300,000 | $6.5M | New |
| UTI Universal Technical Institut | 0.85% | 174,111 | $5.9M | New |
| WMT Walmart Inc. | 0.85% | 60,000 | $5.9M | New |
| OS Onestream Inc. | 0.81% | 198,846 | $5.6M | Add +1888.5% |
| NTNX Nutanix Inc. Class A | 0.76% | 69,228 | $5.3M | New |
| WAY Waystar Holding Corp. | 0.73% | 124,400 | $5.1M | Reduce -31.4% |
| CEPO Cantor Equity Partners I-A | 0.64% | 400,000 | $4.4M | New |
| HNGE Hinge Health Inc. Class A | 0.56% | 75,000 | $3.9M | New |
| ARM Arm Holdings PLC-ADR | 0.47% | 20,000 | $3.2M | New |
| EE Excelerate Energy Inc. Class A | 0.45% | 106,753 | $3.1M | New |
| LTH Life Time Group Holdings Inc. | 0.44% | 100,000 | $3.0M | Reduce -10.9% |
| GRAB Grab Holdings Ltd. Class A | 0.44% | 600,000 | $3.0M | New |
| OMDA Omada Health Inc. | 0.41% | 157,250 | $2.9M | New |
| MNTN MNTN Inc. Class A | 0.35% | 110,663 | $2.4M | New |
| GWRE Guidewire Software Inc. | 0.34% | 10,000 | $2.4M | New |
| SFD Smithfield Foods Inc. | 0.32% | 95,591 | $2.2M | Reduce -3.5% |
| SNOW Snowflake Inc. | 0.32% | 10,000 | $2.2M | New |
| ALAB Astera Labs Inc. | 0.29% | 22,500 | $2.0M | New |
| DDOG Datadog Inc. Class A | 0.27% | 13,700 | $1.8M | New |
| PRMB Primo Brands Corp. | 0.26% | 61,540 | $1.8M | New |
| CRCL Circle Internet Group Inc. | 0.21% | 8,000 | $1.5M | New |
| VERX Vertex Inc. Class A | 0.20% | 40,000 | $1.4M | New |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 10,000 | $1.4M | New |
| AMTM Amentum Holdings Inc. | 0.13% | 38,106 | $900K | Add +506.1% |
| CRWV Coreweave Inc. Class A | 0.12% | 5,000 | $815K | New |
| CHYM Chime Financial Inc. Class A | 0.10% | 20,000 | $690K | New |
| RIVN Rivian Automotive Inc. Class A | 0.10% | 50,000 | $687K | New |
| CYBR Cyberark Software Ltd./Israel | 0.07% | 1,200 | $488K | New |
| CWAN Clearwater Analytics HDS-A | 0.05% | 15,000 | $329K | Reduce -68.7% |
| MARA Mara Holdings Inc. | 0.03% | 14,056 | $220K | No change |
| KTOS Kratos Defense & Security | 0.02% | 3,658 | $170K | New |
| MIR Mirion Technologies Inc. | 0.00% | 1,506 | $32K | New |
| SLDE Slide Insurance Holdings Inc. | 0.00% | 700 | $15K | New |
| SPCB Supercom Ltd. | 0.00% | 534 | $6K | No change |
| SMRT Smartrent Inc. | 0.00% | 932 | $923 | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $12.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 100,000 | $5.4M | Add +11.1% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 65,000 | $4.4M | Add +11.4% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 50,000 | $3.1M | New |
Total filed on the 13F, all lines: $706.2M.
Portfolio Sells Q1 2025 → Q2 2025
| TLN Talen Energy Corp. | Sold out | 0.00% | −13.78 |
| BALY Bally's Corp. | Reduce -47.9% | 1.29% | −2.62 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −1.26 |
| SARO Standardaero Inc. | Reduce -18.1% | 3.20% | −0.85 |
| NXT Nextpower Inc. | Sold out | 0.00% | −0.68 |
| FG F&G Annuities & Life Inc. | Sold out | 0.00% | −0.56 |
| VIK Viking Holdings Ltd. | Sold out | 0.00% | −0.49 |
| WAY Waystar Holding Corp. | Reduce -31.4% | 0.73% | −0.47 |
| GFL GFL Environmental Inc.-Sub VT | Sold out | 0.00% | −0.43 |
| CWH Camping World Holdings Inc. Class A | Sold out | 0.00% | −0.25 |
| ITGR Integer Holdings Corp. | Sold out | 0.00% | −0.21 |
| ETR Entergy Corp. | Sold out | 0.00% | −0.20 |
| FLOC Flowco Holdings Inc. Class A | Sold out | 0.00% | −0.20 |
| CWAN Clearwater Analytics HDS-A | Reduce -68.7% | 0.05% | −0.18 |
| LTH Life Time Group Holdings Inc. | Reduce -10.9% | 0.44% | −0.17 |
| DEC Diversified Energy Co. PLC | Sold out | 0.00% | −0.16 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.07 |
| SFD Smithfield Foods Inc. | Reduce -3.5% | 0.32% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| AJG Arthur J Gallagher & Co. | New | 4.62% | +4.62 |
| BRO Brown & Brown Inc. | New | 3.84% | +3.84 |
| SITM Sitime Corp. | New | 3.20% | +3.20 |
| CHWY Chewy Inc. Class A | Add +161.1% | 3.04% | +1.94 |
| ODD Oddity Tech Ltd. Class A | New | 1.90% | +1.90 |
| MRX Marex UK Holdings Ltd. | Add +276.4% | 2.28% | +1.61 |
| SRAD Sportradar Group AG-A | Add +1086.5% | 1.70% | +1.56 |
| KVYO Klaviyo Inc. Class A | New | 1.45% | +1.45 |
| AS Amer Sports Inc. | New | 1.39% | +1.39 |
| ETOR Etoro Group Ltd. Class A | New | 1.20% | +1.20 |
| RBRK Rubrik Inc. Class A | New | 1.09% | +1.09 |
| QXO Qxo Inc. | New | 0.93% | +0.93 |
| SAIL Sailpoint Inc. | Add +131.9% | 1.65% | +0.93 |
| UTI Universal Technical Institut | New | 0.85% | +0.85 |
| WMT Walmart Inc. | New | 0.85% | +0.85 |
| OS Onestream Inc. | Add +1888.5% | 0.81% | +0.77 |
| NTNX Nutanix Inc. Class A | New | 0.76% | +0.76 |
| BIRK Birkenstock Holding PLC | Add +91.2% | 1.77% | +0.71 |
| CEPO Cantor Equity Partners I-A | New | 0.64% | +0.64 |
| HNGE Hinge Health Inc. Class A | New | 0.56% | +0.56 |
| ARM Arm Holdings PLC-ADR | New | 0.47% | +0.47 |
| EE Excelerate Energy Inc. Class A | New | 0.45% | +0.45 |
| GRAB Grab Holdings Ltd. Class A | New | 0.44% | +0.44 |
| OMDA Omada Health Inc. | New | 0.41% | +0.41 |
| MNTN MNTN Inc. Class A | New | 0.35% | +0.35 |
| GWRE Guidewire Software Inc. | New | 0.34% | +0.34 |
| SNOW Snowflake Inc. | New | 0.32% | +0.32 |
| ALAB Astera Labs Inc. | New | 0.29% | +0.29 |
| DDOG Datadog Inc. Class A | New | 0.27% | +0.27 |
| PRMB Primo Brands Corp. | New | 0.26% | +0.26 |
| CRCL Circle Internet Group Inc. | New | 0.21% | +0.21 |
| VERX Vertex Inc. Class A | New | 0.20% | +0.20 |
| PLTR Palantir Technologies Inc. Class A | New | 0.20% | +0.20 |
| CRWV Coreweave Inc. Class A | New | 0.12% | +0.12 |
| AMTM Amentum Holdings Inc. | Add +506.1% | 0.13% | +0.11 |
| CHYM Chime Financial Inc. Class A | New | 0.10% | +0.10 |
| RIVN Rivian Automotive Inc. Class A | New | 0.10% | +0.10 |
| CYBR Cyberark Software Ltd./Israel | New | 0.07% | +0.07 |
| KTOS Kratos Defense & Security | New | 0.02% | +0.02 |
| MIR Mirion Technologies Inc. | New | 0.00% | +0.00 |
| SLDE Slide Insurance Holdings Inc. | New | 0.00% | +0.00 |
| ZWS Zurn Elkay Water Solutions C | Add +7.3% | 1.13% | −0.04 |
Notes & Other Activity Q1 2025 → Q2 2025
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +11.1% | 100,000 | $5.4M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +11.4% | 65,000 | $4.4M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | New | 50,000 | $3.1M |
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 | 25 | $530.6M | NN, FSUN, IBIT, PLBY, KVUE |
| Q1 2026 | 32 | $391.8M | NN, IBIT, PLBY, FFWM, NFE |
| Q4 2025 | 34 | $422.5M | NN, IBIT, PLBY, FFWM, NFE |
| Q3 2025 | 43 | $737.1M | NN, IBIT, KRMN, SITM, NFE |
| Q2 2025 | 56 | $693.4M | NN, IBIT, NFE, AJG, BRO |
| Q1 2025 | 34 | $562.3M | NN, NFE, TLN, IBIT, SARO |
| Q4 2024 | 24 | $629.2M | NN, NFE, TLN, IBIT, FFWM |
| Q3 2024 | 13 | $444.9M | NFE, NN, TLN, FIP, IBIT |
| Q2 2024 | 11 | $466.3M | NFE, NN, IBIT, FIP, PLBY |
| Q1 2024 | 13 | $569.0M | NFE, NN, IBIT, FIP, PLBY |