Solus Alternative Asset Management LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Solus Alternative Asset Management LP reported 8 stock positions worth $278.7 million. Its top holding was Bristow (VTOL) at 39.8% of the portfolio, followed by Veon (VEON, 16.7%) and Exxon Mobil (XOM, 13.0%). Its holdings were unchanged from Q2 2025.

Most Recent 13F
Q2 2026
Location
Summit, NJ
CIK
0001407737
Portfolio Value
$278.7M (Q3 2025)
SEC Filing
0001140361-25-042154 ↗ filed Nov 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $293.7M Q1 2024 Q2 2024: $312.9M Q2 2024 Q3 2024: $314.7M Q3 2024 Q4 2024: $276.6M Q4 2024 Q1 2025: $252.9M Q1 2025 Q2 2025: $247.7M Q2 2025 Q3 2025: $278.7M $278.7M Q3 2025 Q4 2025: $276.4M Q4 2025 Q1 2026: $338.3M Q1 2026 Q2 2026: $307.5M Q2 2026

Holdings 8 stocks · $278.7M
VTOL Bristow Group Inc. 39.83% 3,076,796 $111.0M No change
VEON Veon Ltd. 16.72% 856,102 $46.6M No change
XOM Exxon Mobil Corp. 13.00% 321,310 $36.2M No change
VLO Valero Energy Corp. 11.58% 189,577 $32.3M No change
CVX Chevron Corp. 9.90% 177,723 $27.6M No change
RIG Transocean Ltd. 5.00% 4,470,000 $13.9M No change
BKR Baker Hughes Co. 2.80% 160,000 $7.8M No change
CNK Cinemark Holdings Inc. 1.17% 116,062 $3.3M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $33.2M (not counted above)
SecurityClassShares / PrincipalValueChange
MARA HOLDINGS INC (MARA 1 12/01/26) NOTE 1.000%12/0 · principal 35,620,000$33.2MReduce -0.0%

Total filed on the 13F, all lines: $311.9M.

Portfolio Sells Q2 2025 → Q3 2025
None this quarter.

Portfolio Buys Q2 2025 → Q3 2025
None this quarter.

Notes & Other Activity Q2 2025 → Q3 2025
MARA HOLDINGS INC (MARA 1 12/01/26) NOTE 1.000%12/0 · principal Reduce -0.0% 35,620,000 $33.2M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 9$307.5MVTOL, VLO, VEON, CVX, XOM
Q1 2026 9$338.3MVTOL, VLO, VEON, CVX, XOM
Q4 2025 9$276.4MVTOL, VEON, XOM, VLO, CVX
Q3 2025 8$278.7MVTOL, VEON, XOM, VLO, CVX
Q2 2025 8$247.7MVTOL, VEON, XOM, VLO, CVX
Q1 2025 8$252.9MVTOL, XOM, VEON, CVX, VLO
Q4 2024 9$276.6MVTOL, XOM, VEON, CVX, FYBR
Q3 2024 9$314.7MVTOL, FYBR, XOM, CVX, VEON
Q2 2024 9$312.9MVTOL, FYBR, XOM, CVX, VLO
Q1 2024 9$293.7MVTOL, FYBR, XOM, VLO, CVX