GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q4 2013 (Next →)

Filing Date: Feb 18, 2014

Total Value ($000): $123,088 (98.3% shares, 1.7% debt)

Holdings (33)

SCI SERVICE CORP INTL 8.0%

Value ($000) $9,898 Shares 545,935 Est. Cost $18.16 Unrealized 0.0%

— OCEAN RIG UDW INC 5.9%

Value ($000) $7,234 Shares 375,802 Est. Cost $19.25 Unrealized —

— ISLE OF CAPRI CASINOS INC 5.3%

Value ($000) $6,523 Shares 724,728 Est. Cost $9.00 Unrealized —

LGIH LGI HOMES INC 5.3%

Value ($000) $6,497 Shares 365,211 Est. Cost $15.67 Unrealized 0.0%

— HAWAIIAN HOLDINGS INC 5.3%

Value ($000) $6,466 Shares 671,396 Est. Cost $9.63 Unrealized —

LYV LIVE NATION ENTERTAINMENT IN 5.0%

Value ($000) $6,095 Shares 308,473 Est. Cost $18.72 Unrealized 0.0%

— JGWPT HLDGS INC 4.9%

Value ($000) $6,087 Shares 350,000 Est. Cost $17.39 Unrealized —

PMT PENNYMAC MTG INVT TR 4.2%

Value ($000) $5,183 Shares 225,746 Est. Cost $22.96 Unrealized —

ARMK ARAMARK HLDGS CORP 4.1%

Value ($000) $5,031 Shares 191,895 Est. Cost $15.25 Unrealized 0.0%

— CLUBCORP HLDGS INC 4.0%

Value ($000) $4,936 Shares 278,239 Est. Cost $17.74 Unrealized —

MHO M/I HOMES INC 3.9%

Value ($000) $4,836 Shares 190,033 Est. Cost $21.13 Unrealized 0.0%

AGO ASSURED GUARANTY LTD 3.9%

Value ($000) $4,748 Shares 201,261 Est. Cost $17.63 Unrealized 0.0%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 3.7%

Value ($000) $4,561 Shares 262,579 Est. Cost $17.30 Unrealized 0.0%

— FORESTAR GROUP INC 3.7%

Value ($000) $4,539 Shares 213,400 Est. Cost $21.27 Unrealized —

— PHH CORP 3.6%

Value ($000) $4,379 Shares 179,831 Est. Cost $24.35 Unrealized —

GLPI GAMING & LEISURE PPTYS INC 3.5%

Value ($000) $4,277 Shares 84,172 Est. Cost $50.81 Unrealized —

— COLE REAL ESTATE INVTS INC 3.2%

Value ($000) $3,950 Shares 281,361 Est. Cost $14.04 Unrealized —

BXP BOSTON PROPERTIES INC 2.9%

Value ($000) $3,528 Shares 35,145 Est. Cost $61.80 Unrealized 0.0%

— LAMAR ADVERTISING CO 2.5%

Value ($000) $3,085 Shares 59,038 Est. Cost $52.25 Unrealized —

MMI MARCUS & MILLICHAP INC 2.4%

Value ($000) $2,980 Shares 200,000 Est. Cost $13.09 Unrealized 0.0%

— WCI CMNTYS INC 2.3%

Value ($000) $2,815 Shares 147,469 Est. Cost $19.09 Unrealized —

AMWD AMERICAN WOODMARK CORP 2.0%

Value ($000) $2,509 Shares 63,461 Est. Cost $34.71 Unrealized 0.0%

— AMERICAN CAP LTD 2.0%

Value ($000) $2,496 Shares 159,600 Est. Cost $15.64 Unrealized —

— NATIONAL CINEMEDIA INC 1.8%

Value ($000) $2,166 Shares 108,493 Est. Cost $19.96 Unrealized —

— AMERICAN RLTY CAP PPTYS INC 1.7%

Value ($000) $2,150 Shares 2,150,000 Est. Cost $1.00 Unrealized —

— SESA STERLITE LTD 1.4%

Value ($000) $1,711 Shares 130,004 Est. Cost $13.16 Unrealized —

— COLUMBIA PPTY TR INC 1.2%

Value ($000) $1,463 Shares 58,514 Est. Cost $25.00 Unrealized —

— RENTECH INC 1.0%

Value ($000) $1,175 Shares 671,379 Est. Cost $1.75 Unrealized —

— COMMONWEALTH REIT 0.5%

Value ($000) $596 Shares 29,056 Est. Cost $20.51 Unrealized —

— LAMAR ADVERTISING CO 0.4%

Value ($000) $510 Shares 81,000 Est. Cost $52.25 Unrealized —

CDZI CADIZ INC 0.3%

Value ($000) $419 Shares 60,228 Est. Cost $5.69 Unrealized 0.0%

— QTS RLTY TR INC 0.1%

Value ($000) $143 Shares 5,778 Est. Cost $24.75 Unrealized —

MBI MBIA INC 0.1%

Value ($000) $102 Shares 51,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCI	SERVICE CORP INTL	545,935	$9,898	8.0%	$18.16	0.0%	COM	817565104
—	OCEAN RIG UDW INC	375,802	$7,234	5.9%	$19.25	—	SHS	Y64354205
—	ISLE OF CAPRI CASINOS INC	724,728	$6,523	5.3%	$9.00	—	COM	464592104
LGIH	LGI HOMES INC	365,211	$6,497	5.3%	$15.67	0.0%	COM	50187T106
—	HAWAIIAN HOLDINGS INC	671,396	$6,466	5.3%	$9.63	—	COM	419879101
LYV	LIVE NATION ENTERTAINMENT IN	308,473	$6,095	5.0%	$18.72	0.0%	COM	538034109
—	JGWPT HLDGS INC	350,000	$6,087	4.9%	$17.39	—	CL A	46617M109
PMT	PENNYMAC MTG INVT TR	225,746	$5,183	4.2%	$22.96	—	COM	70931T103
ARMK	ARAMARK HLDGS CORP	191,895	$5,031	4.1%	$15.25	0.0%	COM	03852U106
—	CLUBCORP HLDGS INC	278,239	$4,936	4.0%	$17.74	—	COM	18948M108
MHO	M/I HOMES INC	190,033	$4,836	3.9%	$21.13	0.0%	COM	55305B101
AGO	ASSURED GUARANTY LTD	201,261	$4,748	3.9%	$17.63	0.0%	COM	G0585R106
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	262,579	$4,561	3.7%	$17.30	0.0%	COM	874054109
—	FORESTAR GROUP INC	213,400	$4,539	3.7%	$21.27	—	COM	346233109
—	PHH CORP	179,831	$4,379	3.6%	$24.35	—	COM NEW	693320202
GLPI	GAMING & LEISURE PPTYS INC	84,172	$4,277	3.5%	$50.81	—	COM	36467J108
—	COLE REAL ESTATE INVTS INC	281,361	$3,950	3.2%	$14.04	—	COM	19329V105
BXP	BOSTON PROPERTIES INC	35,145	$3,528	2.9%	$61.80	0.0%	COM	101121101
—	LAMAR ADVERTISING CO	59,038	$3,085	2.5%	$52.25	—	CL A	512815101
MMI	MARCUS & MILLICHAP INC	200,000	$2,980	2.4%	$13.09	0.0%	COM	566324109
—	WCI CMNTYS INC	147,469	$2,815	2.3%	$19.09	—	COM PAR $0.01	92923C807
AMWD	AMERICAN WOODMARK CORP	63,461	$2,509	2.0%	$34.71	0.0%	COM	030506109
—	AMERICAN CAP LTD	159,600	$2,496	2.0%	$15.64	—	COM	02503Y103
—	NATIONAL CINEMEDIA INC	108,493	$2,166	1.8%	$19.96	—	COM	635309107
—	AMERICAN RLTY CAP PPTYS INC	2,150,000	$2,150	1.7%	$1.00	—	NOTE 3.750%12/1	02917TAB0
—	SESA STERLITE LTD	130,004	$1,711	1.4%	$13.16	—	SPONSORED ADR	78413F103
—	COLUMBIA PPTY TR INC	58,514	$1,463	1.2%	$25.00	—	COM NEW	198287203
—	RENTECH INC	671,379	$1,175	1.0%	$1.75	—	COM	760112102
—	COMMONWEALTH REIT	29,056	$596	0.5%	$20.51	—	6.50% PFD CUM CO	203233408
—	LAMAR ADVERTISING CO	81,000	$510	0.4%	$52.25	—	Call	512815101
CDZI	CADIZ INC	60,228	$419	0.3%	$5.69	0.0%	COM NEW	127537207
—	QTS RLTY TR INC	5,778	$143	0.1%	$24.75	—	COM CL A	74736A103
MBI	MBIA INC	51,400	$102	0.1%	—	—	Call	55262C100