Silver Rock Financial LP

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Silver Rock Financial LP reported 8 stock positions worth $41.3 million. Its top holding was Comcast Class A (CMCSA) at 52.8% of the portfolio, followed by Acadia Healthcare (ACHC, 19.8%) and Community Health Systems (CYH, 9.9%). Compared with Q1 2025, it added to 1 and reduced 1. The biggest buy was Acadia Healthcare (ACHC, shares +16%) and the biggest sale Community Health Systems (CYH, shares −20%).

Most Recent 13F
Q2 2026
Location
Los Angeles, CA
CIK
0001674784
Portfolio Value
$41.3M (Q2 2025)
SEC Filing
0001172661-25-003348 ↗ filed Aug 14, 2025

Holdings Value

0$10.0M$20.0M$30.0M$40.0M$50.0M Q1 2024: $10.1M Q1 2024 Q2 2024: $15.0M Q2 2024 Q3 2024: $42.5M Q3 2024 Q4 2024: $37.5M Q4 2024 Q1 2025: $47.9M Q1 2025 Q2 2025: $41.3M $41.3M Q2 2025 Q3 2025: $39.8M Q3 2025 Q4 2025: $34.5M Q4 2025 Q1 2026: $49.5M Q1 2026 Q2 2026: $26.3M Q2 2026

Holdings 8 stocks · $41.3M
CMCSA Comcast Corp. Class A 52.81% 611,500 $21.8M No change
ACHC Acadia Healthcare Co. Inc. 19.76% 360,000 $8.2M Add +16.1%
CYH Community Health Systems Inc. 9.87% 1,200,000 $4.1M Reduce -20.0%
OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 5.18% 1,000,000 $2.1M No change
CABO Cable One Inc. 4.93% 15,000 $2.0M No change
VIVID SEATS INC 4.66% 1,138,896 $1.9M No change
BRC INC-A 2.73% 859,986 $1.1M No change
NRDY Nerdy Inc. 0.07% 17,668 $29K No change

Options reported separately and not counted above: HYG puts ($317.4M).

Other holdings (21): bonds, preferreds, convertibles and warrants · $39.9M (not counted above)
SecurityClassShares / PrincipalValueChange
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal 23,362,522$27.5MAdd +136.6%
DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal 13,500,000$12.2MNo change
DAVEW Dave Inc. -CW27 *W EXP 01/05/202 40,979$74KNo change
RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 16,036$67KNo change
ARQQW Arqit Quantum Inc. -CW26 *W EXP 09/03/202 42,139$38KNo change
BGLWW Blue Gold Ltd. *W EXP 04/01/203 69,908$13KNew
LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 47,386$12KNo change
PGYWW Pagaya Technologies Ltd. -27 *W EXP 99/99/999 46,390$8KNo change
BETRW Better Home & Finance-CW26 *W EXP 08/22/202 45,085$7KNo change
DAICW Cid Holdco Inc. -26 *W EXP 12/31/202 78,411$6KNew
BDMDW Baird Medical Investment -28 *W EXP 10/01/202 48,891$4KNo change
ZEOWW Esgen Acquisition A -CW23 *W EXP 03/13/202 48,872$3KNo change
COCHW Envoy Medical Inc.-CW27 *W EXP 09/29/202 81,975$3KNo change
ALURW Allurion Technologies-28 *W EXP 08/01/203 86,285$3KNo change
BNAIW Brand Engagement Netwo -CW27 *W EXP 03/14/202 79,596$2KNo change
CCGWW Cheche Group Inc. - 28 *W EXP 10/01/203 94,060$2KNo change
RDZNW Vahanna Tech Edge -CW24 *W EXP 11/30/202 39,183$2KNo change
VEEAW Plum Acquisition I A -CW28 *W EXP 09/13/202 14,348$2KNo change
SONWQ Gores Metropoulos II -CW28 *W EXP 01/18/202 160,000$2KNo change
CRPWF Carbon Revolution PLC *W EXP 99/99/999 66,902$1KNo change
CEROW Phoenix Biotech Acq -CW26 *W EXP 02/13/202 12,224$291No change

Total filed on the 13F, all lines: $81.2M.

Portfolio Sells Q1 2025 → Q2 2025
CYH Community Health Systems Inc. Reduce -20.0% 9.87% +1.41

Portfolio Buys Q1 2025 → Q2 2025
ACHC Acadia Healthcare Co. Inc. Add +16.1% 19.76% +0.12

Notes & Other Activity Q1 2025 → Q2 2025
ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal Add +136.6% 23,362,522 $27.5M
BGLWW Blue Gold Ltd. *W EXP 04/01/203 New 69,908 $13K
DAICW Cid Holdco Inc. -26 *W EXP 12/31/202 New 78,411 $6K
VSTWF Vast Solar PTY Ltd. -28 *W EXP 07/01/202 Sold out 39,205 $1Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 7$26.3MCMCSA, OPTU, CYH, BRC INC-A, CABO
Q1 2026 8$49.5MECHOSTAR CORP (ECHO 3.875 11/30/30), CMCSA, OPTU, CYH, CABO
Q4 2025 8$34.5MCMCSA, ACHC, OPTU, CYH, CABO
Q3 2025 8$39.8MCMCSA, ACHC, CYH, OPTU, CABO
Q2 2025 8$41.3MCMCSA, ACHC, CYH, OPTU, CABO
Q1 2025 8$47.9MCMCSA, ACHC, CYH, CABO, VIVID SEATS INC
Q4 2024 7$37.5MCMCSA, CABO, VIVID SEATS INC, CYH, BRC INC-A
Q3 2024 8$42.5MCMCSA, CYH, CABO, VIVID SEATS INC, BRC INC-A
Q2 2024 6$15.0MCYH, BRC INC-A, OPTU, VIVID SEATS INC, LUMN
Q1 2024Amended 5$10.1MCYH, BRC INC-A, LUMN, PRST, NRDY