Silver Point Capital L.P.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Silver Point Capital L.P. reported 18 stock positions worth $1.7 billion. Its top holding was Gulfport Energy (GPOR) at 41.9% of the portfolio, followed by Grupo Aeromexico Sab DE CV (AERO, 16.9%) and iShares Gold Trust (IAU, 9.2%). Compared with Q3 2025, it opened 3 new positions, sold out of 3, added to 4 and reduced 7. The biggest buy was a new position in Grupo Aeromexico Sab DE CV (AERO) and the biggest sale Gulfport Energy (GPOR, shares −8%).

Most Recent 13F
Q2 2026
Location
Greenwich, CT
CIK
0001332784
Portfolio Value
$1.7B (Q4 2025)
SEC Filing
0001193125-26-055049 ↗ filed Feb 17, 2026

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 Q3 2025 Q4 2025: $1.7B $1.7B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $973.8M Q2 2026

Holdings 18 stocks · $1.7B
GPOR Gulfport Energy Corp. 41.87% 3,450,655 $717.7M Reduce -7.8%
AERO Grupo Aeromexico Sab DE CV 16.88% 13,172,754 $289.3M New
IAU iShares Gold Trust 9.21% 1,945,000 $157.9M Add +45.7%
PCG P G & E Corp. 6.83% 7,287,000 $117.1M Add +60.1%
MSC Studio City Internationa-ADR 5.93% 28,633,963 $101.7M Reduce -0.0%
ECHO Echostar Corp. Class A 4.49% 707,546 $76.9M Reduce -34.2%
DHC Diversified Healthcare Trust 4.39% 15,504,810 $75.2M No change
AIV Apartment Invt & Mgmt Co. Class A 2.57% 7,406,522 $44.0M New
BLCO Bausch + Lomb Corp. 2.56% 2,565,000 $43.8M No change
LUV Southwest Airlines Co. 1.57% 650,000 $26.9M Add +85.7%
ULCC Frontier Group Holdings Inc. 1.36% 4,934,000 $23.2M Reduce -21.2%
EIX Edison International 1.12% 319,000 $19.1M Reduce -44.5%
IWM iShares Russell 2000 ETF 0.40% 28,073 $6.9M Reduce -90.5%
SVC Service Pptys TR 0.37% 3,439,000 $6.3M Add +93.3%
UNIT Uniti Group Inc. 0.17% 415,000 $2.9M Reduce -43.8%
SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY 0.13% 1,592,030 $2.2M No change
FUN Six Flags Entertainment Corp. 0.12% 130,000 $2.0M New
CEE Central and Eastern Europe F 0.06% 55,900 $989K No change
Other holdings (3): bonds, preferreds, convertibles and warrants · $504.9M (not counted above)
SecurityClassShares / PrincipalValueChange
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 104,650,824$350.4MReduce -28.3%
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal 154,500,000$154.2MReduce -8.0%
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) DEB 4.000%11/1 · principal 5,500,000$303KNo change

Total filed on the 13F, all lines: $2.2B.

Portfolio Sells Q3 2025 → Q4 2025
GPOR Gulfport Energy Corp. Reduce -7.8% 41.87% −8.56
IWM iShares Russell 2000 ETF Reduce -90.5% 0.40% −4.93
TDS Telephone and Data Systems Sold out 0.00% −2.50
MSC Studio City Internationa-ADR Reduce -0.0% 5.93% −2.39
ECHO Echostar Corp. Class A Reduce -34.2% 4.49% −1.63
EIX Edison International Reduce -44.5% 1.12% −1.25
ULCC Frontier Group Holdings Inc. Reduce -21.2% 1.36% −0.70
SRPT Sarepta Therapeutics Inc. Sold out 0.00% −0.40
EM Smart Share Global Ltd. - ADR Sold out 0.00% −0.32
UNIT Uniti Group Inc. Reduce -43.8% 0.17% −0.17

Portfolio Buys Q3 2025 → Q4 2025
AERO Grupo Aeromexico Sab DE CV New 16.88% +16.88
AIV Apartment Invt & Mgmt Co. Class A New 2.57% +2.57
IAU iShares Gold Trust Add +45.7% 9.21% +1.97
PCG P G & E Corp. Add +60.1% 6.83% +1.72
LUV Southwest Airlines Co. Add +85.7% 1.57% +0.74
FUN Six Flags Entertainment Corp. New 0.12% +0.12
SVC Service Pptys TR Add +93.3% 0.37% +0.01

Notes & Other Activity Q3 2025 → Q4 2025
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal Reduce -28.3% 104,650,824 $350.4M
JD.COM INC (JD 0.25 06/01/29) NOTE 0.250% 6/0 · principal Reduce -8.0% 154,500,000 $154.2M
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A Sold out 925,000 $36.4Mbefore exit
SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) NOTE 1.250% 9/1 · principal Sold out 8,000,000 $7.0Mbefore exit

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