HIGHLAND PEAK CAPITAL, LLC

1. Portfolio Overview

Highland Peak Capital, LLC exhibits a highly concentrated, high-conviction investment strategy characterized by a low number of holdings and significant sector bets. As of the reporting period ending September 30, 2025, the firm managed a total portfolio value of approximately $212.70 million across just 11 holdings. This represents a significant decrease in portfolio size of 20.5% from the previous quarter's $267.42 million. The reduction in value is attributable to a ...