GREENLIGHT CAPITAL RE, LTD.
For the period ended Sep 30, 2026. Filed Nov 2, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 2, 2026
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Income from Investment in Solasglas
For Q3 2026 and YTD 2026, Solasglas reported a net loss of 3.3% and 2.3%, respectively, compared to a net loss of 3.2% and 0.4% for Q3 2025 and YTD 2025, respectively. The following table provides a breakdown of the gross and net investment return for Solasglas.
| Three months ended September 30 | Nine months ended September 30 | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Long portfolio gains (losses) | (7.6)% | 1.7% | 5.2% | 1.4% |
| Short portfolio gains (losses) | 7.3 | (8.1) | (0.1) | (12.3) |
| Macro gains (losses) | (2.8) | 3.3 | (6.5) | 11.4 |
| Other income and expenses(1) | (0.3) | (0.4) | (0.9) | (0.9) |
| Gross investment return | (3.4)% | (3.5)% | (2.3)% | (0.4)% |
| Net investment return(1) | (3.3)% | (3.2)% | (2.3)% | (0.4)% |
1 “Other income and expenses” excludes performance compensation but includes management fees. “Net investment return” incorporates both of these amounts. For further information about management fees and performance compensation, refer to Note 3.
For Q3 2026, the significant contributors to Solasglas’ investment return were a short basket of memory stocks, a short basket to hedge home-building exposure, and a long position in DHT Holdings (DHT). The largest detractors were long positions in U.S. interest rate derivatives, Green Brick Partners (GRBK), and Brighthouse Financial (BHF).
For YTD 2026, the significant contributors to Solasglas’ investment return were long positions in Acadia Healthcare (ACHC), DHT, and inflation swaps. The largest detractors were long positions in U.S. interest rate derivatives and BHF and a short basket of memory stocks,
Each month, we post the Solasglas investment returns on our website (www.greenlightre.com).
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.