Keyframe Capital Partners, L.P.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Keyframe Capital Partners, L.P. reported 4 stock positions worth $73.8 million. Its top holding was Garrett Motion (GTX) at 62.3% of the portfolio, followed by Forum Energy Technologies (FET, 20.2%) and PBF Energy Class A (PBF, 16.4%). Compared with Q4 2023, it sold out of 1. The biggest sale was an exit from Spirit Airlines (SAVEQ).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001830175
Portfolio Value
$73.8M (Q1 2024)
SEC Filing
0001172661-24-002533 ↗ filed May 15, 2024

Holdings Value

0$20.0M$40.0M$60.0M$80.0M Q1 2024: $73.8M $73.8M Q1 2024 Q2 2024: $54.2M Q2 2024 Q3 2024: $52.0M Q3 2024 Q4 2024: $44.9M Q4 2024 Q1 2025: $42.1M Q1 2025 Q2 2025: $36.0M Q2 2025 Q3 2025: $40.8M Q3 2025 Q4 2025: $21.8M Q4 2025 Q1 2026: $229K Q1 2026 Q2 2026: $202K Q2 2026

Holdings 4 stocks · $73.8M
GTX Garrett Motion Inc. 62.33% 4,627,427 $46.0M No change
FET Forum Energy Technologies Inc. 20.20% 746,047 $14.9M No change
PBF PBF Energy Inc. Class A 16.38% 210,000 $12.1M No change
EVVAQ Enviva LLC 1.09% 1,823,986 $803K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $6.8M (not counted above)
SecurityClassShares / PrincipalValueChange
FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) NOTE 9.000% 8/0 · principal 6,881,706$6.8MNo change

Total filed on the 13F, all lines: $80.6M.

Portfolio Sells Q4 2023 → Q1 2024
SAVEQ Spirit Airlines Inc. Sold out 0.00% −8.00

Portfolio Buys Q4 2023 → Q1 2024
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1$202KSTEM
Q1 2026 1$229KSTEM
Q4 2025 2$21.8MFET, STEM
Q3 2025 3$40.8MFET, GTX, STEM
Q2 2025 2$36.0MGTX, FET
Q1 2025 2$42.1MGTX, FET
Q4 2024 2$44.9MGTX, FET
Q3 2024 5$52.0MGTX, FET, PBF, EVVAQ, HE
Q2 2024 4$54.2MGTX, FET, PBF, EVVAQ
Q1 2024 4$73.8MGTX, FET, PBF, EVVAQ