SEC 13F Intelligence

Managers / Q3 2025 · view latest →

BARDIN HILL MANAGEMENT PARTNERS LP

CIK 0001616416 · 299 PARK AVENUE, 24TH FLOOR, NEW YORK, NY, 10171 · 2123039478

Reported Value
$80M
Q3 2025
Positions
6
Filings on Record
30
2019–present window
Filed
Nov 12, 2025
original filing

Summary

Bardin Hill Management Partners LP reported $80M in U.S.-listed holdings across 6 positions for Q3 2025.

The portfolio is heavily concentrated: NEXT alone accounts for 78.4% of reported value.

Compared with Q2 2025, the fund opened 1 new position and exited 35.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Largest Position
+78.4%
Nextdecade
New / Exited
1 / 35
positions this quarter

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

13F Reported Value
Q1 ’19: $639MQ1 ’19Q2 ’19: $723MQ3 ’19: $577MQ4 ’19: $608MQ1 ’20: $457MQ1 ’20Q2 ’20: $273MQ3 ’20: $377MQ4 ’20: $479MQ1 ’21: $540MQ1 ’21Q2 ’21: $569MQ3 ’21: $619MQ4 ’21: $478MQ1 ’22: $460MQ1 ’22Q2 ’22: $384MQ3 ’22: $434MQ4 ’22: $458MQ1 ’23: $405MQ1 ’23Q2 ’23: $387MQ3 ’23: $310MQ4 ’23: $235MQ1 ’24: $240MQ1 ’24Q2 ’24: $246MQ3 ’24: $215MQ4 ’24: $210MQ1 ’25: $308MQ1 ’25Q2 ’25: $170MQ3 ’25: $80MQ4 ’25: $0Q1 ’26: $0Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 92.5%ADR: 3.7%Other: 2.6%US DOMESTIC: 1.2%
  • Common Stock · 92.5% · $74M
  • ADR · 3.7% · $3M
  • Other · 2.6% · $2M
  • US DOMESTIC · 1.2% · $951,521

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INDIVIOR PLCNEW+87.6K87.6K+$2M$2M
FYBRFRONTIER COMMUNICATIONS PARESOLD OUT−348.9K0−$13M$0
KELKELLANOVASOLD OUT−132.2K0−$11M$0
EVERI HLDGS INCSOLD OUT−450.9K0−$6M$0
AMEDAMEDISYS INCSOLD OUT−64.1K0−$6M$0
DNBDUN & BRADSTREET HLDGS INCSOLD OUT−671.7K0−$6M$0
TRIUMPH GROUP INCSOLD OUT−216.5K0−$6M$0
SPRINGWORKS THERAPEUTICS INCSOLD OUT−89.9K0−$4M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

6 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NEXTNEXTDECADE CORPhistory →COM78.44%$63M9.27M
2GSMFERROGLOBE PLChistory →SHS9.93%$8M1.75M
3CCOCLEAR CHANNEL OUTDOOR HLDGShistory →COM4.11%$3M2.09M
4LTMLATAM AIRLINES GROUP SAhistory →SPONSORED ADR3.70%$3M65.7K
5INDIVIOR PLCORD2.63%$2M87.6K
6ARRAY TECHNOLOGIES INCNOTE1.19%$951,5211.10M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$01Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$80M6Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$170M41Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$308M35May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$210M32Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$215M65Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$246M63Sep 11, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2024$240M74May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$235M97Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$310M93Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$387M114Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$405M146May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$458M159Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$434M197Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$384M177Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$460M183May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$478M206Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$619M202Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$569M238Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$540M251May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$479M105Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$377M87Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$273M72Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$457M91May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$608M105Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$577M82Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$723M91Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$639M91May 15, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Bardin Hill Investment Partners 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 ↗.