Q2 2026 13F · SEC CIK 1421306
Brigade Capital Management, LP
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $86.1M
- Reported positions
- 9
- Top holdings a year, 3 yrs
- +21.4%
- Assets under management
- $33.0B
Brigade Capital Management, LP is a hedge fund that reported 9 positions worth $86.1M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Lantheus Hldgs Inc (LNTH, 42.4%), Expand Energy Corporation (EXE, 11.2%), Vistra Corp (VST, 9.4%). A portfolio copying its top holdings returned 21.4% a year over the last 3 years, against 20.4% for the S&P 500.
Brigade Capital Management, LP holdings all 9 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| LNTHLantheus Hldgs Inc | 42.4% | -9.6% | $36.5M |
| EXEExpand Energy Corporation | 11.2% | +37.3% | $9.6M |
| VSTVistra Corp | 9.4% | — | $8.1M |
| FOAFinance of America Compan | 9.0% | +78.6% | $7.7M |
| LMRILumexa Imaging Holdings Inc | 8.7% | — | $7.5M |
| UALUnited Airls Hldgs Inc | 8.5% | — | $7.3M |
| EMBCEmbecta Corp | 5.7% | — | $4.9M |
| LUMNLumen Technologies Inc | 4.9% | -70.3% | $4.2M |
| CNTYCentury Casinos Inc | 0.2% | +0.0% | $150K |
What Brigade Capital Management, LP bought and sold in Q2 2026, against Q1 2026.
New positions
- VST Vistra Corp9.4% of 13F
- LMRI Lumexa Imaging Holdings Inc8.7% of 13F
- UAL United Airls Hldgs Inc8.5% of 13F
- EMBC Embecta Corp5.7% of 13F
Added to
- FOA Finance of America Compan+78.6% shares
- EXE Expand Energy Corporation+37.3% shares
Reduced
- LUMN Lumen Technologies Inc-70.3% shares
- LNTH Lantheus Hldgs Inc-9.6% shares
Sold out
- ECVT Ecovyst Incwas 13.1%
- SPY State Str Spdr S&p 500 ETF Twas 12.1%
- NOMD Nomad Foods Ltdwas 10.5%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +103.0% /yr
- S&P 500 +20.1%
- 3 years
- +21.4% /yr
- S&P 500 +20.4%
- 5 years
- +14.4% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $86.1M | 9 |
| Q1 2026 | $80.3M | 8 |
| Q4 2025 | $100.8M | 11 |
| Q3 2025 | $107.4M | 13 |
| Q2 2025 | $78.9M | 11 |
| Q1 2025 | $59.3M | 9 |
| Q4 2024 | $26.7M | 8 |
| Q3 2024 | $141.1M | 11 |
| Q2 2024 | $74.9M | 10 |
| Q1 2024 | $89.6M | 12 |
| Q4 2023 | $86.1M | 13 |
| Q3 2023 | $61.3M | 10 |
Questions about Brigade Capital Management, LP's portfolio
What stocks does Brigade Capital Management, LP own?
Brigade Capital Management, LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 9 positions worth $86.1M. The largest are Lantheus Hldgs Inc (LNTH) at 42.4%, Expand Energy Corporation (EXE) at 11.2%, Vistra Corp (VST) at 9.4%, Finance of America Compan (FOA) at 9.0% and Lumexa Imaging Holdings Inc (LMRI) at 8.7%.
What did Brigade Capital Management, LP buy last quarter?
In Q2 2026, Brigade Capital Management, LP added a new position in Vistra Corp (VST), a new position in Lumexa Imaging Holdings Inc (LMRI), a new position in United Airls Hldgs Inc (UAL), a new position in Embecta Corp (EMBC), Finance of America Compan (FOA) (+78.6% shares) and Expand Energy Corporation (EXE) (+37.3% shares), compared with its Q1 2026 filing.
What did Brigade Capital Management, LP sell last quarter?
In Q2 2026, Brigade Capital Management, LP sold all of Ecovyst Inc (ECVT), sold all of State Str Spdr S&p 500 ETF T (SPY), sold all of Nomad Foods Ltd (NOMD), Lumen Technologies Inc (LUMN) (-70.3% shares) and Lantheus Hldgs Inc (LNTH) (-9.6% shares), compared with its Q1 2026 filing.
How has Brigade Capital Management, LP's portfolio performed?
A portfolio copying Brigade Capital Management, LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +103.0% against +20.1%. Over 5 years: +14.4% a year against +11.6%.
When is Brigade Capital Management, LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. Brigade Capital Management, LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Brigade Capital Management, LP manage?
Brigade Capital Management, LP reported $33.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $86.1M.