Bracebridge Capital, LLC
Bracebridge Capital, LLC is a hedge fund headquartered in Boston, Massachusetts. Founded in 1994, the firm is known for its sophisticated fixed income and arbitrage strategies, and manages assets for institutional clients, including endowments, foundations, and pension funds. It is registered as an investment adviser and employs a diverse team of professionals specializing in global markets.
Investment Strategy
Bracebridge Capital focuses on fixed income arbitrage, distressed debt, and other relative value strategies. The firm is known for its quantitative and analytical approach, seeking market inefficiencies and managing risk through diversified positions across global markets. It primarily targets complex securities and risk-managed absolute return opportunities for institutional investors.
Top Holdings
Equity Positions (22)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IWM | ISHARES TR | 2.43% | $45.4M | 210,330 | $215.79 | $215.79 | +$45.4M |
A ALVO | ALVOTECH | 1.32% | $24.7M | 2,705,304 | $8.21 | $9.12 | -$1.5M |
A ATUS | ALTICE USA INC | 1.07% | $20.0M | 9,351,240 | $2.46 | $2.14 | -$5.0M |
A ADT | ADT INC DEL | 0.96% | $18.0M | 2,126,000 | $6.63 | $8.47 | +$701.6K |
G GNW | GENWORTH FINL INC | 0.82% | $15.3M | 1,969,200 | $6.88 | $7.78 | +$1.4M |