13F Insight
DOSSIER · 13F-HR · Q1 2026

Silver Rock Financial LP

$50M in tracked AUM across 22 positions as of Q1 2026.

SR
CIK 0001674784 · last filed Mar 31, 2026
Total AUM
$50M
as of Q1 2026
Holdings
22
—
positions
Whale Score
59
59
tracked
Activity
—
no data
changes this Q
AI Analysis · Q1 2026

Based on the SEC 13F filing data provided for Silver Rock Financial LP as of September 30, 2025, here is a comprehensive institutional analysis.

1. Portfolio Overview

Silver Rock Financial LP has undergone a drastic restructuring of its portfolio during the third quarter of 2025. The total portfolio value plummeted by approximately 83.6%, declining from $398.68 million to $65.45 million. This reduction is not solely attributable to market performance but indicates a massive capital real...

The portfolio is highly concentrated, holding only 25 positions. The strategy has shifted from a diversified portfolio that included significant fixed-income exposure (HYG) to an equity-heavy, concentrated portfolio. The top four holdings—CMCSA, EchoStar, DISH Network, and Acadia Healthcare—account for 87.21% of the total assets, suggesting a high-conviction approach with significant idiosyncratic risk.

2. Key Holdings

The portfolio is dominated by a few large-cap and mid-cap names, primarily in the communication and media sectors:

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
SATS 3.875 11/30/30
ECHOSTAR CORP
$23M6.4M45.8%02
CMCSA
COMCAST CORP NEW
$18M612K35.4%03
OPTU
OPTIMUM COMMUNICATIONS INC
$4M2.8M7.3%04
CYH
COMMUNITY HEALTH SYS INC NEW
$3M1.1M6.5%05
CABO
CABLE ONE INC
$1M15K2.8%06
BRCC
BRC INC
$668K860K1.3%07
SEAT
VIVID SEATS INC
$337K57K0.7%08
BNAIW
BRAND ENGAGEMENT NETWORK INC
$21K80K0.0%09
G5568L117
LIFEZONE METALS LIMITED
$19K47K0.0%10
NRDY
NERDY INC
$14K18K0.0%

Filing history

2026Q1Mar 31
$50M▼ 11.2%
22 positionsView →2025Q4Dec 31
$56M▼ 14.6%
25 positionsView →2025Q3Sep 30
$65M▼ 83.6%
25 positionsView →2025Q2Jun 30
$399M▲ 492.4%
30 positionsLocked2025Q1Mar 31
$67M▼ 88.5%
25 positionsLocked2024Q4Dec 31
$583M▲ 42.8%
28 positionsLocked2024Q3Sep 30
$408M▲ 1525.5%
39 positionsLocked2024Q2Jun 30
$25M▼ 99.9%
44 positionsLocked2024Q1Mar 31
$20.2B▲ 17.9%
48 positionsLocked2023Q4Dec 31
$17.2B▲ 5.1%
51 positionsLocked2023Q3Sep 30
$16.3B▲ 31424.0%
64 positionsLocked2023Q2Jun 30
$52M▼ 58.6%
87 positionsLocked
Showing 12 of 35