One William Street Capital Management, L.P.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), One William Street Capital Management, L.P. reported 6 stock positions worth $15.6 million. Its top holding was Vanguard Int-Term Corporate (VCIT) at 38.7% of the portfolio, followed by TPG Re Finance Trust (TRTX, 23.1%) and Anywhere Real Estate (HOUS, 18.3%). Compared with Q2 2025, it opened 4 new positions, sold out of 2 and reduced 2. The biggest buy was a new position in Vanguard Int-Term Corporate (VCIT) 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
- 0001534300
- Portfolio Value
- $15.6M (Q3 2025)
- SEC Filing
- 0001172661-25-004744 ↗ filed Nov 13, 2025
Holdings Value
Holdings 6 stocks · $15.6M
| VCIT Vanguard Int-Term Corporate | 38.70% | 71,700 | $6.0M | New |
| TRTX TPG Re Finance Trust Inc. | 23.11% | 420,670 | $3.6M | New |
| HOUS Anywhere Real Estate Inc. | 18.28% | 268,996 | $2.8M | Reduce -48.8% |
| FLG Flagstar Bank NA | 15.19% | 205,000 | $2.4M | New |
| ADAM Adamas Trust Inc. | 4.12% | 92,182 | $643K | New |
| NFE New Fortress Energy Inc. | 0.60% | 42,564 | $94K | Reduce -14.9% |
Options reported separately and not counted above: HYG puts ($272.0M).
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
Options Activity Q2 2025 → Q3 2025
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | New | 3,350,000 | $272.0M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 35,000 | $21.6Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 12 | $42.3M | BKLN, TRTX, VCIT, FLG, ARI |
| Q1 2026 | 11 | $52.0M | BKLN, TRTX, VCIT, FLG, SPY |
| Q4 2025 | 6 | $42.7M | RSP, FLG, TRTX, HYG, GSBD |
| Q3 2025 | 6 | $15.6M | VCIT, TRTX, HOUS, FLG, ADAM |
| Q2 2025 | 4 | $32.7M | HYG, BKLN, HOUS, NFE |
| Q1 2025 | 2 | $1.9M | HOUS, NFE |
| Q4 2024 | 2 | $9.7M | BKLN, NFE |
| Q3 2024 | 1 | $455K | NFE |
| Q2 2024 | 0 | $0 | |
| Q1 2024 | 3 | $66.3M | HYG, LQD, HOUS |