Skip to content
Disclosery

JONES ROAD CAPITAL MANAGEMENT, L.P.

Follow

13F filer, CIK 1842361, NEW YORK, NY

JONES ROAD CAPITAL MANAGEMENT, L.P. reported $154,703,366 across 21 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-13. Its ten largest share positions make up 91.32% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001842361-26-000002

Period
2025-12-31
Reported value
$155M
Holdings
21
Top 10 weight
91.32%
New
7
Sold out
5

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CRSnew+18,000$5.67M
BAPRAadded+15,000$1.04M
METAadded+1,510$997K
NFEadded+50,000$57K

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

SecurityShares changeApprox. value
VISNreduced-383,900-$6.96M
ATIreduced-52,700-$6.05M
ORCLreduced-10,000-$1.95M
BAexited-4,500-$971K
AALexited-66,200-$744K

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, Q4 2025

Share positions as resolved from 13F-HR 0001842361-26-000002, largest first. % of portfolio is the value over $92,356,036, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,580 shares; 2024Q4: 34,780 shares; 2025Q1: 27,300 shares; 2025Q2: 22,100 shares; 2025Q3: 19,500 shares; 2025Q4: 21,010 shares 21,010$13.9M15.02%+1,510Timeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 60,490 shares; 2024Q4: 55,890 shares; 2025Q1: 72,600 shares; 2025Q2: 58,700 shares; 2025Q3: 42,900 shares; 2025Q4: 32,900 shares 32,900$6.41M6.94%-10,000Timeline
CRSCARPENTER TECHNOLOGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 18,000 shares 18,000$5.67M6.14%newTimeline
BAPRABOEING COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 38,200 shares; 2025Q1: 52,900 shares; 2025Q2: 42,700 shares; 2025Q3: 37,700 shares; 2025Q4: 52,700 shares 52,700$3.64M3.94%+15,000Timeline
ATIATI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 130,345 shares; 2024Q4: 155,345 shares; 2025Q1: 109,877 shares; 2025Q2: 99,877 shares; 2025Q3: 82,700 shares; 2025Q4: 30,000 shares 30,000$3.44M3.73%-52,700Timeline
AVBAVALONBAY CMNTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,061 shares; 2024Q4: 12,061 shares; 2025Q1: 13,600 shares; 2025Q2: 11,000 shares; 2025Q3: 9,700 shares; 2025Q4: 9,700 shares 9,700$1.76M1.9%0Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4,000 shares; 2025Q2: 3,100 shares; 2025Q3: 2,900 shares; 2025Q4: 2,900 shares 2,900$1.4M1.52%0Timeline
VISNVISTANCE NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 300,000 shares; 2024Q4: 375,000 shares; 2025Q1: 607,000 shares; 2025Q2: 612,200 shares; 2025Q3: 433,900 shares; 2025Q4: 50,000 shares 50,000$906K0.98%-383,900Timeline
CYHCOMMUNITY HEALTH SYS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 164,732 shares; 2024Q4: 164,732 shares; 2025Q1: 286,000 shares; 2025Q2: 115,400 shares; 2025Q3: 102,400 shares; 2025Q4: 102,400 shares 102,400$319K0.35%0Timeline
NFENEW FORTRESS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 73,700 shares; 2025Q3: 109,700 shares; 2025Q4: 159,700 shares 159,700$182K0.2%+50,000Timeline

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).

SecurityTypeAmountValueChange
GEVGE VERNOVA INC COMput50,000$32.7Mnew
ORCLORACLE CORP COMput75,000$14.6M+53,500
QQQINVESCO QQQ TR COMput10,000$6.14Mnew
AAPLAPPLE INC COMput18,000$4.89Mnew
NEENEXTERA ENERGY INC COMcall50,000$4.01Mnew

Principal amounts

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

SecurityTypeAmountValueChange
NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0principal14,919,000$18.6M0
ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD NOTE 0.500% 6/0principal7,732,000$12M0
DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BNDprincipal9,879,000$10.2M0
FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1principal5,000,000$5.21Mnew
MERITAGE HOMES CORPMERITAGE HOMES CORP NOTE 1.750% 5/1principal5,000,000$4.94Mnew
PG&E CORPPG&E CORP NOTE 4.250%12/0principal3,730,000$3.84M0

Sold out in Q4 2025

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

SecurityShares beforeValue beforeType
MSFTMICROSOFT CORP120,000$62.2Mcall
FXIISHARES TR150,000$6.17Mcall
BABOEING CO4,500$971Kshares
AALAMERICAN AIRLINES GROUP INC66,200$744Kshares
DUKDUKE ENERGY CORP NEW1,800$223Kshares

How Q4 2025 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001842361-26-000002 base2026-02-13acceptance time not in the bulk data set