Alden Global Capital LLC

The fund has adopted a highly concentrated investment approach, reducing the number of holdings to just 10 distinct securities. This low number of holdings indicates a high-conviction strategy where the firm allocates substantial capital to its best ideas rather than diversifying broadly across hundreds of names. With the top three positions—NVIDIA (NVDA), Energy Transfer (ET), and Dell Technologies (DELL)—accounting for approximately 60.6% of the total portfolio, the fund's performance is heavily correlated with the specific fortunes of these major holdings.

2. Key Holdings

The portfolio is currently anchored by a "Barbell" strategy balancing high-growth technology with high-yield energy infrastructure.