DSC Meridian Capital LP

Other Low signal CIK 1970572
League rank
#543
in Other · #2596 overall
Long book
$188.9M
Q1 2026
Positions
9
Top-10 weight
100%
concentration
Last quarter
+15.1%
SPY +14.8%
Turnover
36%
of book per quarter

Strategy in plain words

auto-generated from filings

DSC Meridian Capital LP is an institutional manager, running a $188.9M US long book across 9 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES BROAD USD HIGH YIELD, GRUPO AEROMEXICO SAB DE CV, CORE SCIENTIFIC INC, ISHR IBX USD HIYLD CB ETF-UI, VISTRA CORP.

Over the last 9 quarters its long book ran on average 1.9pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.3%
Q2 2024
+5.9%
Q3 2024
-2.7%
Q4 2024
-1.6%
Q1 2025
+17.4%
Q2 2025
+7.3%
Q3 2025
-6.2%
Q4 2025
-11.5%
Q1 2026
+15.1%

Sector allocation

Financials
57%
Utilities
19%
Materials
13%
Technology
5%
Communications
5%

Long book by quarter

$81K
Q1 2024
$121.7M
Q2 2024
$115.1M
Q3 2024
$129.7M
Q4 2024
$104.7M
Q1 2025
$161.1M
Q2 2025
$200.0M
Q3 2025
$203.9M
Q4 2025
$188.9M
Q1 2026

What does DSC Meridian own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CORZ CORE SCIENTIFIC INCFinancials2.3M$34.1M18.1%Held
VST VISTRA CORPUtilities99.3K$14.9M7.9%Held
TECK TECK RESOURCES LTD-CLS BMaterials197.4K$10.2M5.4%-33.6%
RKT ROCKET COS INC-CLASS AFinancials659.4K$9.4M5.0%Held
EA ELECTRONIC ARTS INCTechnology20.7K$4.2M2.2%New
GTN GRAY MEDIA INCCommunications939.7K$4.1M2.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202619$325.1M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202615$380.1M canonicalSEC ↗
Q3 202513F-HRNov 14, 202513$493.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202515$188.0M canonicalSEC ↗
Q1 202513F-HRMay 15, 202510$234.4M $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 7, 202515$273.3M $K fixed canonicalSEC ↗
Q3 202413F-HRNov 13, 202419$192.7M $K fixed canonicalSEC ↗
Q2 202413F-HRAug 14, 202416$317.5M $K fixed canonicalSEC ↗
Q1 202413F-HRMay 14, 202412$205K SEC ↗
Q1 202413F-HR/ARESTATEMENTMay 14, 202411$195K canonicalSEC ↗