Managers / Q4 2025
INVESCO SENIOR SECURED MANAGEMENT INC /ADV
CIK 0000870481 · Part of the Invesco family · 225 LIBERTY ST., NEW YORK, NY, 10281 · 2122789000
Summary
Invesco Senior Secured Management Inc /Adv reported $41M in U.S.-listed holdings across 5 positions for Q4 2025.
The portfolio is heavily concentrated: ASTL alone accounts for 44.6% of reported value.
Compared with Q3 2025, the fund opened 1 new position and exited 1.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 100.0% · $41M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| WWWW International, Inc. | NEW | +170.8K | 170.8K | +$5M | $5M |
| WW International, Inc. | SOLD OUT | −254.5K | 0 | −$7M | $0 |
| CZRCaesars Entertainment, Inc. | HELD | −2.6K | 65.4K | −$307,373 | $2M |
| IHRTiHeartMedia, Inc. | HELD | −1.6K | 2.03M | +$3M | $8M |
| ASTLAlgoma Steel | HELD | +0 | 3.23M | +$7M | $18M |
| SDRLSeadrill Limited (fka Aquadrill) | HELD | +0 | 221.9K | +$974,325 | $8M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ASTLAlgoma Steelhistory → | Equity | 44.65% | $18M | 3.23M |
| 2 | IHRTiHeartMedia, Inc.history → | Equity | 20.65% | $8M | 2.03M |
| 3 | SDRLSeadrill Limited (fka Aquadrill)history → | Equity | 18.77% | $8M | 221.9K |
| 4 | WWWW International, Inc.history → | Equity | 12.19% | $5M | 170.8K |
| 5 | CZRCaesars Entertainment, Inc.history → | Equity | 3.74% | $2M | 65.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2025 | $41M | 5 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $33M | 5 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $71M | 7 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $85M | 8 | May 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $104M | 8 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $107M | 8 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $145M | 8 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024REVEALED | $337M | 15 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $103M | 7 | Feb 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023REVEALED | $191M | 17 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $109M | 9 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $69M | 10 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022REVEALED | $155M | 21 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022REVEALED | $169M | 21 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022REVEALED | $198M | 21 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022REVEALED | $249M | 21 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021REVEALED | $369M | 39 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $192M | 15 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $253M | 15 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $223M | 16 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020REVEALED | $318M | 31 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $116M | 19 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $131M | 20 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $176M | 21 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $566M | 21 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $140M | 19 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $190M | 18 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $153M | 16 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.