BARDIN HILL MANAGEMENT PARTNERS LP
Q2 2025 Form 13-F
NEW YORK, NEW YORK
CIK 0001616416
· CRD 282371
· SEC-registered investment adviser
$169.7M Reported Value Total
MAN INVESTMENT PARTNERS (US) LP reports 43 total accounts under management (AUM). There are 41 discretionary accounts valued at $3,584,143,303, and 2 non-discretionary accounts valued at $238,055,864.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
73 funds
· $7.2B gross asset value
Hedge Fund: $3.9B · Securitized Asset Fund: $3.3B · Private Equity Fund: $28.6M · Other: $2.0M
Source: Form ADV filed 2026-08-07
Reported value
$169.7M
Quarter over quarter
+8.6%
Holdings
35
Top-10 concentration
82.2%
Filing Structure
Reports holdings for
- Man Investment Partners US LP · Q4 2014 – Q3 2025
- Bardin Hill Arbitrage UCITS Management LP · File #028-18563 · Q4 2017 – Q3 2024
- Bardin Hill Arbitrage Management LP · Q4 2014 – Q1 2023 · declared by one filing
- Bardin Hill Arbitrage IC Management LP (not a 13F filer in our records) · File #028-16731 · Q4 2014 – Q3 2021
- HALCYON EVENT-DRIVEN MANAGEMENT LP · Q2 2014 – Q3 2019
- Halcyon Special Situations Management LP (not a 13F filer in our records) · File #028-16725 · Q4 2014 – Q3 2016
- HALCYON OFFSHORE ASSET MANAGEMENT LLC · Q2 2014 – Q1 2016
- Halcyon Liquid Strategies LP (not a 13F filer in our records) · File #028-16729 · Q4 2014 – Q1 2016
Key People
Form ADV owners & control persons
Jason O Dillow
PRESIDENT
Jacob Zvi Fishelis
TREASURER
John Benjamin Freese
CHIEF COMPLIANCE OFFICER, SECRETARY
Filing Navigation
13F Metrics
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Q2 2025 13F record
Q2 2025 13F filing summary
| Period of report | June 30, 2025 |
|---|---|
| Filed | August 14, 2025 |
| Form | 13F-HR |
| Reported value | $169.7M |
| Positions | 35 |
| Change in reported value | -44.8% |
| New positions | 25 |
| Exited positions | 14 |
| Position turnover | 79.6% |
| Top-10 concentration | 82.2% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 13, 2026
|
0 | $0 |
|
Q1 2026 13F
Filed May 15, 2026
|
0 | $0 |
|
Q4 2025 13F
Filed Feb 17, 2026
|
0 | $0 |
|
Q3 2025 13F
Filed Nov 12, 2025
|
5 | $80.3M |
|
Q2 2025 13F
Filed Aug 14, 2025
|
35 | $169.7M |
|
Q1 2025 13F
Filed May 15, 2025
|
24 | $307.6M |
|
Q4 2024 13F
Filed Feb 14, 2025
|
26 | $210.5M |
|
Q3 2024 13F
Filed Nov 14, 2024
|
29 | $214.7M |
|
Q2 2024 13F
Filed Aug 13, 2024
|
23 | $246.2M |
|
Q1 2024 13F
Filed May 15, 2024
|
26 | $240.1M |
|
Q4 2023 13F
Filed Feb 14, 2024
|
33 | $235.0M |
|
Q3 2023 13F
Filed Nov 14, 2023
|
36 | $310.4M |
|
Q2 2023 13F
Filed Aug 14, 2023
|
46 | $387.2M |
|
Q1 2023 13F
Filed May 12, 2023
|
55 | $405.0M |
|
Q4 2022 13F
Filed Feb 14, 2023
|
65 | $457.9M |
|
Q3 2022 13F
Filed Nov 14, 2022
|
80 | $434.1M |
|
Q2 2022 13F
Filed Aug 12, 2022
|
75 | $383.6M |
|
Q1 2022 13F
Filed May 16, 2022
|
78 | $460.2M |
|
Q4 2021 13F
Filed Feb 14, 2022
|
85 | $478.3M |
|
Q3 2021 13F
Filed Nov 15, 2021
|
88 | $618.9M |
29 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | NEXT NEXTDECADE CORP | $79.5M | 46.83% |
| 2 | FYBR FRONTIER COMMUNICATIONS PARE | $12.7M | 7.48% |
| 3 | K KELLANOVA | $10.5M | 6.2% |
| 4 | GSM FERROGLOBE PLC | $6.4M | 3.79% |
| 5 | EVRI EVERI HLDGS INC | $6.4M | 3.78% |
| 6 | DNB DUN & BRADSTREET HLDGS INC | $6.1M | 3.6% |
| 7 | TGI TRIUMPH GROUP INC | $5.6M | 3.29% |
| 8 | SWTX SPRINGWORKS THERAPEUTICS INC | $4.2M | 2.49% |
| 9 | AMED P AMEDISYS INC | $4.1M | 2.44% |
| 10 | JBS JBS N.V. | $3.9M | 2.29% |
| 11 | GLNG GOLAR LNG LTD | $3.2M | 1.86% |
| 12 | SKX SKECHERS U S A INC | $3.1M | 1.82% |
| 13 | CCO CLEAR CHANNEL OUTDOOR HLDGS | $2.9M | 1.69% |
| 14 | LTMAY LATAM AIRLINES GROUP SA | $2.7M | 1.57% |
| 15 | AGS PLAYAGS INC | $2.5M | 1.46% |
| 16 | AMED AMEDISYS INC | $2.2M | 1.28% |
| 17 | WBA P WALGREENS BOOTS ALLIANCE INC | $2.0M | 1.2% |
| 18 | HES HESS CORP | $2.0M | 1.17% |
| 19 | JNPR P JUNIPER NETWORKS INC | $1.6M | 0.95% |
| 20 | SOC C SABLE OFFSHORE CORP | $1.3M | 0.78% |
Values as reported on the Q2 2025 Form 13F. Every position is in the holdings table below.