Mercuria Capital Strategies, LLC
•CIK: 2048079•Filing: Q4 2025
**Mercuria Capital Strategies, LLC** manages $176M across a diversified portfolio of 28 positions. The fund exhibits significant concentration in its top holdings, led by a substantial allocation to C-PR at $65.6M. Further notable positions include VYLD ($15.8M) and GCT ($10.5M), indicating targeted exposure across various sectors. This structure suggests a conviction-driven, concentrated approach to generating alpha.
Total AUM
$176.1M
QoQ Performance
+132.0%
Positions
26
Top 10 Concentration
80.1%
Latest Filing
Q4 2025
Top Holdings Allocation
TEEK
BAIN
GIGA
ALUS
EQT
TEEKAY37.3%
BAIN9.0%
GIGACLOUD6.0%
ALUSSA5.7%
EQT5.6%
DRUGS4.3%
AGRICULTURE3.2%
INFLECTION3.1%
📈 Biggest Buys
—
TEEKAY TANKERS LTD
NEW
37.3% of portfolio
—
BAIN CAP GSS INVT CORP
NEW
9.0% of portfolio
—
GIGACLOUD TECHNOLOGY INC
NEW
6.0% of portfolio
—
ALUSSA ENERGY ACQUISITION CO
NEW
5.7% of portfolio
—
DRUGS MADE IN AMER ACQUTN CO
NEW
4.3% of portfolio
📉 Biggest Sells
Sector Breakdown
Other96.9%
Industrial3.1%
🚪 Exited Positionssold since Q3 2025
+2 more exited positions
Changes from Q3 2025
NEW25 new positions
↓3 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024