Lasry Marc

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Lasry Marc reported 9 stock positions worth $15.1 million. Its top holding was XBP Global (XBP) at 64.9% of the portfolio, followed by Hyperion Defi (HYPD, 15.3%) and Nextdecade (NEXT, 11.5%). Compared with Q2 2025, it opened 3 new positions and sold out of 1. The biggest buy was a new position in XBP Global (XBP) and the biggest sale an exit from PDD Holdings Inc. (pdd 0 12/01/25).

Most Recent 13F
Q3 2025
Location
NEW YORK, NY
CIK
0001259927
Portfolio Value
$15.1M (Q3 2025)
SEC Filing
0001405086-25-000345 ↗ filed Nov 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $117.3M Q1 2024 Q2 2024: $101.0M Q2 2024 Q3 2024: $54.9M Q3 2024 Q4 2024: $22.5M Q4 2024 Q1 2025: $21.7M Q1 2025 Q2 2025: $17.9M Q2 2025 Q3 2025: $15.1M $15.1M Q3 2025

Holdings 9 stocks · $15.1M
XBP XBP Global Holdings Inc. 64.89% 12,107,907 $9.8M New
HYPD Hyperion Defi Inc. 15.28% 240,124 $2.3M New
NEXT Nextdecade Corp. 11.47% 254,270 $1.7M No change
DRIO Dariohealth Corp. 2.68% 23,246 $403K No change
VBIO Valion Bio Inc. filed as TIVIC HEALTH SYSTEMS INC 1.95% 101,638 $294K New
FRGE Forge Global Holdings Inc. 1.28% 11,363 $192K No change
XAIR Beyond Air Inc. 1.26% 81,950 $189K No change
OBIO Orchestra Biomed Holdings Inc. 1.00% 60,869 $151K No change
RANI Rani Therapeutics Holdings Class A 0.21% 62,887 $31K No change

Portfolio Sells Q2 2025 → Q3 2025
PDD HOLDINGS INC (PDD 0 12/01/25) Sold out 0.00% −81.68

Portfolio Buys Q2 2025 → Q3 2025
XBP XBP Global Holdings Inc. New 64.89% +64.89
HYPD Hyperion Defi Inc. New 15.28% +15.28
VBIO Valion Bio Inc. New 1.95% +1.95

Notes & Other Activity Q2 2025 → Q3 2025
EXELA TECHNOLOGIES INC (XELA 6 PERP B) 6% CONV PFD SR B Sold out 77,498 $16Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 9$15.1MXBP, HYPD, NEXT, DRIO, VBIO
Q2 2025 7$17.9MPDD HOLDINGS INC (PDD 0 12/01/25), NEXT, DRIO, XAIR, FRGE
Q1 2025 9$21.7MPDD HOLDINGS INC (PDD 0 12/01/25), ALX, NEXT, XAIR, DRIO
Q4 2024 10$22.5MPDD HOLDINGS INC (PDD 0 12/01/25), ALX, NEXT, XAIR, DCTH
Q3 2024 9$54.9MNEXT, PDD HOLDINGS INC (PDD 0 12/01/25), ALX, XAIR, DCTH
Q2 2024 10$101.0MNEXT, TALO, FYBR, ALX, PDD HOLDINGS INC (PDD 0 12/01/25)
Q1 2024 10$117.3MNEXT, TALO, STR, PDD HOLDINGS INC (PDD 0 12/01/25), FYBR