Pallas Capital Advisors LLC

Q4 2025 13F-HR Holdings

Location
Braintree, MA
Holdings as of
12/31/2025
Date filed
1/14/2026
Form type
13F-HR
Num holdings
882
Total value ($000)
$3,028,938
Net value change ($000)
+310,477 (11.4%)
New positions
101
Sold out positions
89
Turnover %
2.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/7/2025 Next filing: 4/21/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
BRKR 138,611 45.0%
SPY 19,784 279.4%
JMBS 7,952 11.8%
GOOGL 5,972 14.3%
DFIV 5,410 16.6%
TEAM 4,993 608.9%
DFAI 4,985 16.1%
LLY 4,955 36.2%
IVV 4,815 25.0%
FENI 4,636 14.5%
Top Reduces (Value $000, Stocks/ETFs)
ORCL -10,077 -55.0%
GLP -10,012 -12.8%
MSFT -5,836 -7.2%
RBLX -4,193 -41.9%
BXSL -3,220 -83.9%
DASH -2,936 -65.3%
VZ -2,873 -71.7%
AVB -2,855 -83.6%
MOH -2,379 -100.0%
ORLY -1,990 -23.2%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type