Data as of Q4 2025 (Dec 31, 2025)

Black Diamond Capital Management I, LLLP

โ€ขCIK: 2084285โ€ขFiling: Q4 2025

**Black Diamond Capital Management I, LLLP** is a sophisticated multi-strategy manager overseeing $150M in assets. The fund maintains a concentrated portfolio of 12 positions, notably anchoring its exposure to CPSS at $47.8M and BAC at $25.4M. Further significant allocations include KVHI ($24.4M) and CPHC ($13.2M), indicating targeted, high-conviction bets across various sectors. This structure suggests an active, bottom-up approach prioritizing deep research into core holdings.

Total AUM
$150.2M
QoQ Performance
-0.1%
Positions
12
Top 10 Concentration
99.7%
Latest Filing
Q4 2025

Top Holdings Allocation

CPSS
BAC
KVHI
CPHC
WYNN
UBS
CPSS31.8%
BAC16.9%
KVHI16.2%
CPHC8.8%
WYNN8.3%
UBS6.2%
BYD4.7%
FUN3.4%

๐Ÿ“ˆ Biggest Buys

KVHI
KVH INDS INC
+3.0%
16.2% of portfolio

๐Ÿ“‰ Biggest Sells

No reductions this quarter

Sector Breakdown

Other81.1%
Financial18.9%

๐Ÿšช Exited Positionssold since Q3 2025

MAGN
MAGNERA CORP
SOLD
$8.8M
WCC
WESCO INTL INC
SOLD
$211.5K

Changes from Q3 2025

โ†‘1 increased

Historical Filings

Q4 2025Q3 2025