BRC Group Holdings, Inc.

Est. AUM

$456.2M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	BABCOCK & WILCOX ENTERPRISES, INC.	COMMON STOCK	$403.2M	27446522	88.37%	DFND
2	DOUBLEDOWN INTERACTIVE CO., LTD.	ADS	$29.3M	3467509	6.42%	DFND
3	SEQUANS COMMUNICATIONS S.A.	SPONSORED ADS	$4.4M	1757340	0.97%	DFND
4	RIOT PLATFORMS, INC.	COMMON STOCK	$4.0M	325000	0.88%	DFND
5	ROMAN DBDR ACQUISITION CORP II	ORDINARY SHARES CLASS A	$3.2M	605913	0.70%	DFND
6	LIFEMD, INC.	COMMON STOCK	$3.1M	871580	0.69%	DFND
7	THE ONCOLOGY INSTITUTE, INC.	COMMON STOCK	$2.9M	929734	0.63%	DFND
8	TRANSACT TECHNOLOGIES INCORPORATED.	COMMON STOCK	$1.8M	545812	0.39%	DFND
9	DAVE INC.	COMMON STOCK	$1.2M	7000	0.27%	DFND
10	UR-ENERGY INC.	COMMON STOCK	$894K	600000	0.20%	DFND
11	NEXTNAV INC.	COMMON STOCK	$801K	50000	0.18%	DFND
12	XBP GLOBAL HOLDINGS, INC.	COMMON STOCK	$324K	73657	0.07%	DFND
13	OTG ACQUISITION CORP. I	ORDINARY SHARES CLASS A	$236K	115000	0.05%	DFND
14	MISTER CAR WASH, INC.	COMMON STOCK	$209K	30000	0.05%	DFND
15	BLAIZE HOLDINGS, INC.	COMMON STOCK	$152K	83353	0.03%	DFND
16	NEXTNAV INC.	WARRANTS	$133K	21000	0.03%	DFND
17	STARDUST POWER INC.	COMMON STOCK	$99K	42122	0.02%	DFND
18	DIVERSIFIED HEALTHCARE TRUST	COMMON STOCK	$66K	10000	0.01%	DFND
19	GCT SEMICONDUCTOR HOLDING, INC.	COMMON STOCK	$65K	56818	0.01%	DFND
20	ROYALTY MANAGEMENT HOLDING CORPORATION	CLASS A COMMON STOCK	$59K	20000	0.01%	DFND
21	XEROX HOLDINGS CORPORATION	NOTE	$53K	200000	0.01%	DFND

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.