Isabella Capital Management LLP
Follow13F filer, CIK 2134988, LONDON, United Kingdom
Isabella Capital Management LLP reported $134,925,682 across 9 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-15.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000902664-26-002480
- Period
- 2026-03-31
- Reported value
- $135M
- Holdings
- 9
- Top 10 weight
- 100%
- New
- 2
- Sold out
- 1
Largest buys vs the previous quarter
None.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| HYGreduced | -60,000 | -$4.77M |
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, Q1 2026
Share positions as resolved from 13F-HR 0000902664-26-002480, largest first. % of portfolio is the value over $94,007,182, the sum of the share positions whose value is usable for ratios (method).
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).
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 |
|---|---|---|---|---|
| ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 | principal | 27,500,000 | $38.2M | +3,500,000 |
| MARA HOLDINGS INCMARA HOLDINGS INC NOTE 2.125% 9/0 | principal | 13,500,000 | $11.5M | +3,500,000 |
| STRATEGY INCSTRATEGY INC NOTE 0.875% 3/1 | principal | 10,000,000 | $9.68M | -1,600,000 |
| STRATEGY INCSTRATEGY INC NOTE12/0 | principal | 11,000,000 | $9.2M | 0 |
| STRATEGY INCSTRATEGY INC NOTE 3/0 | principal | 10,000,000 | $8.72M | new |
| STRATEGY INCSTRATEGY INC NOTE 0.625% 9/1 | principal | 2,500,000 | $2.76M | 0 |
Sold out in Q1 2026
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| EQUINOX GOLD CORPEQUINOX GOLD CORP | 5,000,000 | $11.8M | principal |
How Q1 2026 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 0000902664-26-002480 | base | 2026-05-15 | acceptance time not in the bulk data set |