ALGEBRIS (UK) LTD

Portfolio Overview

Algebris (UK) Ltd reported a significant contraction in its U.S. equity portfolio for the quarter ended September 30, 2025. The total portfolio value decreased by 41.6%, dropping from $634.26 million to $370.58 million. This reduction was driven more by active capital reallocation and position exits rather than broad market depreciation, evidenced by the high turnover rate. The fund manager executed a substantial pivot, liquidating 27 positions while initiating 19 new one...