400 Capital Management LLC — 13F holdings

400 Capital Management LLC reported 3 holdings worth $1.40B in its 13F filing for Q3 2025, filed October 21, 2025.

Largest positions

1. SPY SPDR S&P 500 ETF TR — $1.37B (97.9%)
2. HYG ISHARES TR — $20.3M (1.5%)
3. IWM ISHARES TR — $9.68M (0.7%)