Managers / Q2 2023 · view latest →
BARDIN HILL MANAGEMENT PARTNERS LP
CIK 0001616416 · 299 PARK AVENUE, 24TH FLOOR, NEW YORK, NY, 10171 · 2123039478
Summary
Bardin Hill Management Partners LP reported $387M in U.S.-listed holdings across 114 positions for Q2 2023.
The portfolio is heavily concentrated: NEXT alone accounts for 20.3% of reported value.
Compared with Q1 2023, the fund opened 19 new positions and exited 28.
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 · 77.4% · $300M
- Other · 21.0% · $81M
- ADR · 1.6% · $6M
- ETP · 0.1% · $275,000
- Equity WRT · 0.0% · $6,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NEOGAMES S A | NEW | +520.7K | 520.7K | +$14M | $14M |
| ABSOLUTE SOFTWARE CORP | NEW | +1.07M | 1.07M | +$12M | $12M |
| SYNEOS HEALTH INC | NEW | +289.7K | 289.7K | +$12M | $12M |
| GREENHILL & CO INC | NEW | +765.7K | 765.7K | +$11M | $11M |
| TRITON INTL LTD | NEW | +121.5K | 121.5K | +$10M | $10M |
| SEAGEN INC | NEW | +47.4K | 47.4K | +$9M | $9M |
| IVERIC BIO INC | NEW | +198.0K | 198.0K | +$8M | $8M |
| FRANCHISE GROUP INC | NEW | +246.6K | 246.6K | +$7M | $7M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NEXTNEXTDECADE CORPhistory → | COM | 20.29% | $79M | 9.57M |
| 2 | HORIZON THERAPEUTICS PUB L | SHS | 7.69% | $30M | 289.6K |
| 3 | ACTIVISION BLIZZARD INC | COM | 6.22% | $24M | 285.8K |
| 4 | UNIVAR SOLUTIONS INC | COM | 5.51% | $21M | 594.8K |
| 5 | FOCUS FINL PARTNERS INC | COM CL A | 5.18% | $20M | 381.8K |
| 6 | NEOGAMES S A | SHS | 3.51% | $14M | 520.7K |
| 7 | RADIUS GLOBAL INFRASTRCTRE I | COM CL A | 3.17% | $12M | 823.1K |
| 8 | ABSOLUTE SOFTWARE CORP | COM | 3.15% | $12M | 1.07M |
| 9 | SYNEOS HEALTH INC | CL A | 3.15% | $12M | 289.7K |
| 10 | GSMFERROGLOBE PLChistory → | SHS | 3.12% | $12M | 2.53M |
| 11 | GREENHILL & CO INC | COM | 2.90% | $11M | 765.7K |
| 12 | NATIONAL INSTRS CORP | COM | 2.89% | $11M | 195.2K |
| 13 | HOLLYSYS AUTOMATION TCHNGY L | SHS | 2.67% | $10M | 587.4K |
| 14 | TRITON INTL LTD | CL A | 2.61% | $10M | 121.5K |
| 15 | ACIALBERTSONS COS INChistory → | COMMON STOCK | 2.49% | $10M | 442.0K |
| 16 | SEAGEN INC | COM | 2.36% | $9M | 47.4K |
| 17 | MANCHESTER UTD PLC | ORD CL A | 2.12% | $8M | 336.9K |
| 18 | IVERIC BIO INC | COM | 2.01% | $8M | 198.0K |
| 19 | FRANCHISE GROUP INC | COM | 1.82% | $7M | 246.6K |
| 20 | WORLD WRESTLING ENTMT INC | CL A | 1.68% | $7M | 60.1K |
| 21 | LVSLAS VEGAS SANDS CORPhistory → | COM | 1.61% | $6M | 107.7K |
| 22 | ARGO GROUP INTL HLDGS LTD | COM | 1.48% | $6M | 193.9K |
| 23 | CIRCOR INTL INC | COM | 1.44% | $6M | 98.6K |
| 24 | CCOCLEAR CHANNEL OUTDOOR HLDGShistory → | COM | 1.35% | $5M | 3.83M |
| 25 | F45 TRAINING HLDGS INC | COM | 0.83% | $3M | 6.46M |
| 26 | SIMOSILICON MOTION TECHNOLOGY CO | SPONSORED ADR | 0.79% | $3M | 42.4K |
| 27 | CHINDATA GROUP HLDGS LTD | ADS | 0.78% | $3M | 421.4K |
| 28 | NUVASIVE INC | COM | 0.78% | $3M | 72.3K |
| 29 | AMERICAN EQTY INVT LIFE HLD | COM | 0.72% | $3M | 53.3K |
| 30 | VECTIVBIO HLDG AG | ORD SHS | 0.71% | $3M | 164.0K |
| 31 | ARCONIC CORPORATION | COM | 0.52% | $2M | 68.6K |
| 32 | AQNALGONQUIN PWR UTILS CORP | COM | 0.48% | $2M | 223.9K |
| 33 | ABCAM PLC | ADS | 0.42% | $2M | 66.6K |
| 34 | AMEDAMEDISYS INC | COM | 0.41% | $2M | 17.5K |
| 35 | MRCYMERCURY SYS INC | COM | 0.32% | $1M | 35.8K |
| 36 | IHRTIHEARTMEDIA INC | COM CL A | 0.31% | $1M | 331.6K |
| 37 | VSTVISTRA CORP | COM · W EXP 02/02/2024 | 0.29% | $1M | 223.4K |
| 38 | KALEYRA INC | COM | 0.24% | $911,000 | 135.2K |
| 39 | SOCIAL LEVERAGE ACQUISN CORP | W EXP 02/17/2028 · CL A COM | 0.10% | $396,000 | 27.4K |
| 40 | SUNLIGHT FINANCIAL HOLDINGS | COM | 0.07% | $258,000 | 889.8K |
| 41 | RMG ACQUISITION CORP III | CL A SHS · W EXP 12/31/2027 | 0.01% | $31,000 | 5.0K |
| 42 | DIGITAL TRANSFORMATN OPT COR | W EXP 03/31/2028 | 0.00% | $17,000 | 110.2K |
| 43 | ROSECLIFF ACQUISITION CORP I | W EXP 12/31/2027 | 0.00% | $10,000 | 175.3K |
| 44 | MOVELLA HOLDINGS INC | W EXP 12/31/2027 | 0.00% | $6,000 | 49.0K |
| 45 | SUSTAINABLE DEVELP ACQU I CO | W EXP 12/31/2028 | 0.00% | $0 | 16.4K |
| 46 | APOLLO STRATEGIC GRWT CPTL I | W EXP 12/31/2027 | 0.00% | $0 | 432 |
| 47 | CC NEUBERGER PRINCIPAL HOLDN | W EXP 12/31/2027 | 0.00% | $0 | 435 |
| 48 | INNOVID CORP | W EXP 12/31/2027 | 0.00% | $0 | 268 |
| 49 | JAWS MUSTANG ACQUISITION COR | W EXP 01/30/2026 | 0.00% | $0 | 6.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $0 | 1 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $0 | 1 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $80M | 6 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $170M | 41 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $308M | 35 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $210M | 32 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $215M | 65 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | Under review | 63 | Sep 11, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2024 | $240M | 74 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $235M | 97 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $310M | 93 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $387M | 114 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $405M | 146 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $458M | 159 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $434M | 197 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $384M | 177 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $460M | 183 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $478M | 206 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $619M | 202 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $569M | 238 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $540M | 251 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $479M | 105 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $377M | 87 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $273M | 72 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $457M | 91 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $608M | 105 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $577M | 82 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $723M | 91 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $639M | 91 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $512M | 76 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 2 additional managers.
- Bardin Hill Investment Partners LP
- Bardin Hill Arbitrage UCITS Management LP
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 ↗.