Silver Point Capital L.P.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Silver Point Capital L.P. reported 18 stock positions worth $1.3 billion. Its top holding was Gulfport Energy (GPOR) at 50.4% of the portfolio, followed by Studio City Internationa-ADR (MSC, 8.3%) and iShares Gold Trust (IAU, 7.2%). Compared with Q2 2025, it opened 9 new positions, sold out of 4, added to 2 and reduced 4. The biggest buy was Gulfport Energy (GPOR, shares +87%) and the biggest sale an exit from iShares Broad Usd High Yield (USHY).

Most Recent 13F
Q2 2026
Location
Greenwich, CT
CIK
0001332784
Portfolio Value
$1.3B (Q3 2025)
SEC Filing
0001193125-25-282952 ↗ filed Nov 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $925.3M Q4 2024 Q1 2025: $913.9M Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.3B $1.3B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $973.8M Q2 2026

Holdings 18 stocks · $1.3B
GPOR Gulfport Energy Corp. 50.43% 3,740,690 $677.0M Add +87.3%
MSC Studio City Internationa-ADR 8.32% 28,640,414 $111.7M Reduce -0.1%
IAU iShares Gold Trust 7.24% 1,335,000 $97.1M New
ECHO Echostar Corp. Class A 6.11% 1,074,600 $82.1M Reduce -82.1%
IWM iShares Russell 2000 ETF 5.33% 296,000 $71.6M New
PCG P G & E Corp. 5.11% 4,551,000 $68.6M Reduce -15.5%
DHC Diversified Healthcare Trust 5.09% 15,504,810 $68.4M No change
BLCO Bausch + Lomb Corp. 2.88% 2,565,000 $38.7M New
TDS Telephone and Data Systems 2.50% 857,000 $33.6M Reduce -60.7%
EIX Edison International 2.37% 575,000 $31.8M New
ULCC Frontier Group Holdings Inc. 2.06% 6,260,000 $27.6M Add +595.6%
LUV Southwest Airlines Co. 0.83% 350,000 $11.2M New
SRPT Sarepta Therapeutics Inc. 0.40% 278,278 $5.4M New
SVC Service Pptys TR 0.36% 1,779,000 $4.8M New
UNIT Uniti Group Inc. 0.34% 738,188 $4.5M New
EM Smart Share Global Ltd. - ADR 0.32% 3,209,904 $4.3M New
SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY 0.24% 1,592,030 $3.2M No change
CEE Central and Eastern Europe F 0.06% 55,900 $859K No change
Other holdings (5): bonds, preferreds, convertibles and warrants · $583.4M (not counted above)
SecurityClassShares / PrincipalValueChange
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 146,022,824$359.5MReduce -38.5%
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal 168,000,000$180.0MNew
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A 925,000$36.4MAdd +80.3%
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal 8,000,000$7.0MNew
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) DEB 4.000%11/1 · principal 5,500,000$468KNew

Total filed on the 13F, all lines: $1.9B.

Portfolio Sells Q2 2025 → Q3 2025
USHY iShares Broad Usd High Yield Sold out 0.00% −10.12
ECHO Echostar Corp. Class A Reduce -82.1% 6.11% −9.11
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −7.33
TDS Telephone and Data Systems Reduce -60.7% 2.50% −4.59
SGI Somnigroup International Inc. Sold out 0.00% −2.33
PCG P G & E Corp. Reduce -15.5% 5.11% −1.75
ITOS Iteos Therapeutics Inc. Sold out 0.00% −0.26
MSC Studio City Internationa-ADR Reduce -0.1% 8.32% −0.00

Portfolio Buys Q2 2025 → Q3 2025
GPOR Gulfport Energy Corp. Add +87.3% 50.43% +13.70
IAU iShares Gold Trust New 7.24% +7.24
IWM iShares Russell 2000 ETF New 5.33% +5.33
BLCO Bausch + Lomb Corp. New 2.88% +2.88
EIX Edison International New 2.37% +2.37
ULCC Frontier Group Holdings Inc. Add +595.6% 2.06% +1.76
LUV Southwest Airlines Co. New 0.83% +0.83
SRPT Sarepta Therapeutics Inc. New 0.40% +0.40
SVC Service Pptys TR New 0.36% +0.36
UNIT Uniti Group Inc. New 0.34% +0.34
EM Smart Share Global Ltd. - ADR New 0.32% +0.32

Notes & Other Activity Q2 2025 → Q3 2025
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal Reduce -38.5% 146,022,824 $359.5M
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal New 168,000,000 $180.0M
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A Add +80.3% 925,000 $36.4M
ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal Sold out 28,500,000 $36.3Mbefore exit
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal New 8,000,000 $7.0M
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) DEB 4.000%11/1 · principal New 5,500,000 $468K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$973.8MGPOR, AERO, DHC, MSC, FSK
Q1 2026 13$1.1BGPOR, AERO, DHC, ECHO, MSC
Q4 2025 18$1.7BGPOR, AERO, IAU, PCG, MSC
Q3 2025 18$1.3BGPOR, MSC, IAU, ECHO, IWM
Q2 2025 13$1.1BGPOR, ECHO, USHY, MSC, WBA
Q1 2025 10$913.9MGPOR, SGI, MSC, TDS, PCG
Q4 2024 10$925.3MGPOR, MSC, TDS, DHC, HCC
Q3 2024 8$1.1BGPOR, MSC, DHC, ECHO, MPT
Q2 2024 11$1.2BGPOR, MSC, FYBR, ECHO, DHC
Q1 2024 9$1.2BGPOR, MSC, FYBR, DHC, MDRX