Bracebridge Capital, LLC

13F filer, CIK 1426486, BOSTON, MA

Bracebridge Capital, LLC reported $612,753,795 across 39 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 93.96% of the portfolio.

Filed 2024-11-14 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001426486-24-000007

Period: 2024-09-30
Reported value: $613M
Holdings: 39
Top 10 weight: 93.96%
New: 7
Sold out: 7

Largest buys vs the previous quarter

Security	Shares change	Approx. value
OPTUnew	+6,532,640	$16.1M
GNWnew	+1,749,200	$12M
BLACK SPADE ACQUISITION II Cnew	+975,000	$9.71M
AAMnew	+600,000	$6.01M
ASTLadded	+437,000	$4.47M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
BXMTreduced	-24,800	-$471K
TLSIWexited	-92,880	-$151K
KERNEL GROUP HOLDINGS INCexited	-270,517	-$35.3K
SLAM CORPexited	-37,500	-$9.33K
CHURCHILL CAPITAL CORP VIIexited	-20,000	-$7K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001426486-24-000007, largest first. % of portfolio is the value over $262,891,795, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
ARKBARK 21SHARES BITCOIN ETF	1,870,151	$119M	45.15%	0	Timeline
ALVOALVOTECH	2,705,304	$32.2M	12.25%	0	Timeline
OPTUOPTIMUM COMMUNICATIONS INC	6,532,640	$16.1M	6.11%	new	Timeline
UNITI GROUP INCUNITI GROUP INC	2,432,038	$13.7M	5.22%	0
GNWGENWORTH FINL INC	1,749,200	$12M	4.56%	new	Timeline
ADTADT INC DEL	1,626,000	$11.8M	4.47%	+126,000	Timeline
BLACK SPADE ACQUISITION II CBLACK SPADE ACQUISITION II C	975,000	$9.71M	3.69%	new
ASTLALGOMA STL GROUP INC	924,931	$9.46M	3.6%	+437,000	Timeline
OSGOCTAVE SPECIALTY GROUP INC	579,234	$6.49M	2.47%	0	Timeline
AAMAA MISSION ACQUISITION COR-A	600,000	$6.01M	2.29%	new	Timeline
BXMTBLACKSTONE MORTGAGE TRUST IN	229,400	$4.36M	1.66%	-24,800	Timeline
AQSTAQUESTIVE THERAPEUTICS INC	428,571	$2.13M	0.81%	0	Timeline
IHRTIHEARTMEDIA INC	1,008,456	$1.87M	0.71%	0	Timeline
CCOCLEAR CHANNEL OUTDOOR HLDGS	756,426	$1.21M	0.46%	0	Timeline
ILEARNINGENGINES INCILEARNINGENGINES INC	286,528	$75.9K	0.03%	0
AISPWAIRSHIP AI HLDGS INC	298,015	$62.6K	0.02%	0	Timeline
SDCL EDGE ACQUISITION CORPSDCL EDGE ACQUISITION CORP	211,900	$21.2K	0.01%	0
AIRJWAIRJOULE TECHNOLOGIES CORP	50,000	$21K	0.01%	0	Timeline
COCHWENVOY MEDICAL INC	262,156	$21K	0.01%	0	Timeline
AA MISSION ACQUISITI…AA MISSION ACQUISITION …	300,000	$18K	0.01%	new
SUMMIT HEALTHCARE ACQUISITI…SUMMIT HEALTHCARE ACQUISITION	232,323	$15.4K	0.01%	0
BNAIWBRAND ENGAGEMENT NETWORK INC	166,666	$11.7K	<0.01%	0	Timeline
GCT SEMICONDUCTOR HLDG INCGCT SEMICONDUCTOR HLDG INC	75,000	$9.76K	<0.01%	0
Rigel Resource Acquisition …Rigel Resource Acquisition Corp	25,000	$8.75K	<0.01%	0
Spring Valley Acquisition C…Spring Valley Acquisition Corp II	50,000	$5K	<0.01%	0
TWIN RIDGE CAPITAL ACQUISIT…TWIN RIDGE CAPITAL ACQUISITION	141,666	$4.63K	<0.01%	0
RCF ACQUISITION CORPRCF ACQUISITION CORP	75,000	$3.77K	<0.01%	0
VAST RENEWABLES LIMITEDVAST RENEWABLES LIMITED	75,000	$3.75K	<0.01%	0
Healthcare AI Acquisition C…Healthcare AI Acquisition Corp	121,400	$3.04K	<0.01%	0
CRMLWCRITICAL METALS CORP	12,500	$3K	<0.01%	0	Timeline
WTS PYROPHYTE ACQUISITIONWTS PYROPHYTE ACQUISITION	25,000	$1.5K	<0.01%	0
Spring Valley Acquisition C…Spring Valley Acquisition Corp II	25,000	$928	<0.01%	0
ALURWALLURION TECHNOLOGIES INC WT P	15,311	$616	<0.01%	0	Timeline
Everest Consolidator Acquis…Everest Consolidator Acquisition …	17,500	$520	<0.01%	0
PINSTRIPES HOLDINGS INCPINSTRIPES HOLDINGS INC	22,500	$243	<0.01%	0
TVGNWTEVOGEN INC	12,500	$161	<0.01%	0	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
ISHARES TRISHARES TR PUT	put	40,000	$321M	new
STRATEGY INCSTRATEGY INC COM NEW	put	1,700	$28.7M	new

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

Security	Type	Amount	Value	Change
LIBERTY INTERACTIVE LLCLIBERTY INTERACTIVE LLC DEB 4.000%11/1	principal	47,700,000	$16.9M	0

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
ISHARES TRISHARES TR	18,000	$139M	call
ISHARES TRISHARES TR	25,150	$107M	put
ISHARES TRISHARES TR	25,150	$107M	call
TLSIWTRISALUS LIFE SCIENCES INC	92,880	$151K	shares
KERNEL GROUP HOLDINGS INCKERNEL GROUP HOLDINGS INC	270,517	$35.3K	shares
SLAM CORPSLAM CORP	37,500	$9.33K	shares
CHURCHILL CAPITAL CORP VIICHURCHILL CAPITAL CORP VII	20,000	$7K	shares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001426486-24-000007	base		2024-11-14	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC