BRIGADE CAPITAL MANAGEMENT, LP

NEW YORK, NY · CIK 1421306 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2009 · limited partnership

Assets managed$33.0bn
Staff108 · 42 in investment roles
Main clients (by assets)Private funds 67%, State and local governments 15%, Pension plans 11%
Private funds64 (27 hedge) · $25.7bn gross assets
Websitebrigadecapital.com
Form ADV · 2026-07-22SEC adviser record

Legal entityBRIGADE CAPITAL MANAGEMENT, LP (US)

Kindhedge funds, private equity, structured credit, futures, FCA fund manager
Others nearbyNew York, NY, London
FamilyBRIGADE CAPITAL MANAGEMENT, LP · 2 related pages

As an employer

Offices in1 country
Private fundshedge 27, securitized asset 36, private equity 2

US visa salary filings

Filings FY2024–20254
Median salary offered$175,000
Middle half$163,750 – $181,250
Job titles3

Job title	Filings	Median
Research AssociateNew York, NY	2	$175,000
Director, Quantitative AnalystNew York, NY	1	$200,000
Associate, Clo OperationsNew York, NY	1	$130,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Brigade Capital Management, LP.

$152.9m reported value +7.9% vs Q1 2026

12positions

99.6%in top 10

4 new 2 added 4 reduced 3 sold out vs Q1 2026

Options: 0 call positions (— notional), 3 put positions ($381.4m notional) – listed below, not included above.

This report includes the holdings of 2 other managers that share the investment decisions:

NATIONAL MUTUAL FUNDS MANAGEMENT LTD – files its own report too
SEI INVESTMENTS MANAGEMENT CORP – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	LANTHEUS HLDGS INC NOTE 2.625%12/1 · principal LNTH 2.625 12.15.27 · principal	LNTH 2.625 12.15.27	43,417,000	$62.5m40.85%	40.85%	Reduced -5.3m	-5,343,000 -11.0%
2	LANTHEUS HLDGS INC COM LNTH	LNTH	328,745	$36.5m23.86%	23.86%	Reduced -35.0k	-35,000 -9.6%
3	EXPAND ENERGY CORPORATION COM EXE	EXE	105,871	$9.6m6.31%	6.31%	Added +28.8k	+28,751 37.3%
4	VISTRA CORP COM VST	VST	51,200	$8.1m5.31%	5.31%	New
5	FINANCE OF AMERICA COMPAN CL A NEW FOA	FOA	280,476	$7.7m5.05%	5.05%	Added +123.5k	+123,476 78.7%
6	LUMEXA IMAGING HOLDINGS INC COM LMRI	LMRI	665,900	$7.5m4.91%	4.91%	New
7	UNITED AIRLS HLDGS INC COM UAL	UAL	53,850	$7.3m4.79%	4.79%	New
8	EMBECTA CORP COMMON STOCK EMBC	EMBC	1,516,453	$4.9m3.23%	3.23%	New
9	LUMEN TECHNOLOGIES INC COM LUMN	LUMN	550,000	$4.2m2.76%	2.76%	Reduced -1.3m	-1,300,000 -70.3%
10	LIBERTY MEDIA CORP DEL DEB 3.750% 2/1 · principal LINTA 3.75 02.15.30 · principal	LINTA 3.75 02.15.30	73,105,000	$3.9m2.57%	2.57%	Reduced -3.4m	-3,435,000 -4.5%
11	LIBERTY MEDIA CORP DEL DEB 4.000%11/1 · principal LINTA 4 11.15.29 · principal	LINTA 4 11.15.29	7,700,000	$385.0k0.25%	0.25%	Unchanged
12	CENTURY CASINOS INC COM CNTY	CNTY	117,549	$150.5k0.10%	0.10%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ECOVYST INC ECVT	ECVT	817,255	$10.5m817.3k shares
SPDR S&P 500 ETF TR SPY	SPY	15,000	$9.8m15.0k shares
NOMAD FOODS LTD NOMD	NOMD	875,000	$8.4m875.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES TR TLT · Put	TLT	Put	3,000,000	$259.3m3.0m shares	Added
ISHARES TR IWM · Put	IWM	Put	300,000	$90.1m300.0k shares	New
ISHARES TR HYG · Put	HYG	Put	400,000	$32.0m400.0k shares	Reduced