Cerberus Capital Management, L.P.
Long book
$2.63B
Q1 2026
Positions
13
Top-10 weight
100%
concentration
Last quarter
-15.9%
SPY +14.8%
Turnover
69%
of book per quarter
Strategy in plain words
auto-generated from filingsCerberus Capital Management, L.P. is a diversified fundamental manager, specialised in consumer_discretionary (99% of the long book), running a $2.63B US long book across 13 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ALBERTSONS COS INC - CLASS A, COMSCORE INC, OPTIMUM COMMUNICATIONS INC-A, IONQ INC, CABLE ONE INC.
Over the last 9 quarters its long book ran on average 7.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-7.4%
Q2 2024
-5.8%
Q3 2024
+6.9%
Q4 2024
+12.8%
Q1 2025
-1.6%
Q2 2025
-16.0%
Q3 2025
-1.4%
Q4 2025
+0.0%
Q1 2026
-15.9%
Sector allocation
Consumer discretionary 98%
Services media 1%
Other 0%
Communications 0%
Technology 0%
Long book by quarter
What does Cerberus Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ACI ALBERTSONS COS INC - CLASS A | Consumer discretionary | 151.8M | $2.59B | 98.3% | Held |
| SCOR COMSCORE INC | Services media | 3.4M | $23.6M | 0.9% | Held |
| OPTU OPTIMUM COMMUNICATIONS INC-A | Communications | 3.9M | $5.1M | 0.2% | Held |
| IONQ IONQ INC | Technology | 127.2K | $3.7M | 0.1% | Held |
| OBDC BLUE OWL CAPITAL CORP | — | 210.0K | $2.3M | 0.1% | New |
| CCAP CRESCENT CAPITAL BDC INC | — | 160.0K | $1.9M | 0.1% | New |
| OCSL OAKTREE SPECIALTY LENDING CO | — | 135.0K | $1.5M | 0.1% | New |
| FSK FS KKR CAPITAL CORP | — | 135.0K | $1.4M | 0.1% | New |
| NMFC NEW MOUNTAIN FINANCE CORP | — | 145.0K | $1.1M | 0.0% | New |
| BCSF BAIN CAPITAL SPECIALTY FINAN | — | 85.0K | $1.1M | 0.0% | New |
| OTF BLUE OWL TECHNOLOGY FINANCE | — | 80.0K | $991K | 0.0% | New |
| CGBD CARLYLE SECURED LENDING INC | — | 30.0K | $328K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 14 | $2.65B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 4 | $2.64B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 5 | $2.82B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 6 | $3.39B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 3 | $3.35B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 4 | $3.43B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 4 | $3.46B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 4 | $3.64B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 6 | $4.10B | canonical | SEC ↗ |