Data as of Q4 2025 (Dec 31, 2025)

Anchorage Capital Advisors, L.P.

โ€ขCIK: 2007642โ€ขFiling: Q4 2025

**Anchorage Capital Advisors, L.P.** manages $807M across a concentrated portfolio of five key positions. The fund exhibits a significant overweighting in HYG, representing $701.5M of its total assets. Further allocations include $69.0M in XIFR, $27.5M in GBTG, and smaller, targeted stakes in MS-PL ($5.9M) and WFC-PA ($3.5M). This structure suggests a high-conviction, sector-specific approach to generating alpha.

Total AUM
$96.5M
+ $701.5M in options
QoQ Performance
-4.8%
Positions
2
+ 1 option
Top 10 Concentration
100.0%
Latest Filing
Q4 2025

Top Holdings Allocation

HYG
XIFR
HYG87.9%
XIFR8.6%
GBTG3.4%

๐Ÿ“ˆ Biggest Buys

HYGPUT
ISHARES TR
NEW
87.9% of portfolio
XIFR
XPLR INFRASTRUCTURE LP
+109.8%
8.6% of portfolio

๐Ÿ“‰ Biggest Sells

GBTG
GLOBAL BUSINESS TRAVEL GROUP
-50.0%
3.4% of portfolio

Sector Breakdown

Other100.0%

๐Ÿšช Exited Positionssold since Q3 2025

AMBP
ARDAGH METAL PACKAGING S A
SOLD
$9.8M

Changes from Q3 2025

NEW1 new position
โ†‘1 increased
โ†“1 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024