REDWOOD CAPITAL MANAGEMENT, LLC Diversified Active

Location: New York, NY

CIK: 0001316622 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 14, 2017

Total Value: $735M (99.9% shares, 0.1% debt)

Holdings (43)

— YAHOO INC 18.4%

Value $135M Shares 3,500,000 Est. Cost $42.19 Unrealized —

— VEREIT INC 10.7%

Value $78.69M Shares 9,301,777 Est. Cost $7.72 Unrealized —

— CIGNA CORPORATION 10.2%

Value $74.98M Shares 562,130 Est. Cost $82.50 Unrealized —

DAL DELTA AIR LINES INC DEL 6.7%

Value $49.19M Shares 1,000,000 Est. Cost $27.36 Unrealized +49.5%

C CITIGROUP INC 6.2%

Value $45.76M Shares 770,000 Est. Cost $35.76 Unrealized +13.6%

JPM JPMORGAN CHASE & CO 4.7%

Value $34.52M Shares 400,000 Est. Cost $36.24 Unrealized +65.3%

BAC BANK AMER CORP 4.5%

Value $33.09M Shares 1,497,400 Est. Cost $10.16 Unrealized +54.3%

UAL UNITED CONTL HLDGS INC 4.0%

Value $29.15M Shares 400,000 Est. Cost $31.81 Unrealized +100.3%

YPF YPF SOCIEDAD ANONIMA 3.9%

Value $28.53M Shares 1,728,855 Est. Cost $17.33 Unrealized —

GM GENERAL MTRS CO 3.4%

Value $24.86M Shares 713,392 Est. Cost $26.41 Unrealized +6.6%

MERC MERCER INTL INC 3.1%

Value $22.43M Shares 2,106,367 Est. Cost $5.80 Unrealized +13.3%

PRU PRUDENTIAL FINL INC 2.8%

Value $20.81M Shares 200,000 Est. Cost $38.68 Unrealized +61.9%

NXST NEXSTAR BROADCASTING GROUP I 2.2%

Value $15.82M Shares 250,000 Est. Cost $33.14 Unrealized +34.8%

— SYNGENTA AG 2.0%

Value $14.87M Shares 188,100 Est. Cost $78.21 Unrealized —

HUM HUMANA INC 2.0%

Value $14.44M Shares 70,770 Est. Cost $160.64 Unrealized +10.1%

— NORTEL INVERSORA S A 1.6%

Value $11.53M Shares 442,435 Est. Cost $14.51 Unrealized —

MGA MAGNA INTL INC 1.5%

Value $11.13M Shares 256,500 Est. Cost $27.76 Unrealized +15.2%

— DELPHI AUTOMOTIVE PLC 1.2%

Value $8.533M Shares 126,700 Est. Cost $75.02 Unrealized —

— VERSO CORP 1.2%

Value $8.521M Shares 1,200,098 Est. Cost $6.45 Unrealized —

GASS STEALTHGAS INC 1.1%

Value $8.164M Shares 2,415,287 Est. Cost $10.36 Unrealized -67.4%

— DELL TECHNOLOGIES INC 1.1%

Value $8.118M Shares 147,683 Est. Cost $47.80 Unrealized —

MET METLIFE INC 1.1%

Value $8.084M Shares 150,000 Est. Cost $24.43 Unrealized +38.0%

MU MICRON TECHNOLOGY INC 0.9%

Value $6.576M Shares 300,000 Est. Cost $21.07 Unrealized -13.0%

BLDR BUILDERS FIRSTSOURCE INC 0.8%

Value $6.034M Shares 550,000 Est. Cost $12.37 Unrealized -12.3%

— MYLAN N V 0.7%

Value $5.423M Shares 142,150 Est. Cost $38.14 Unrealized —

HRI HERC HLDGS INC 0.6%

Value $4.351M Shares 108,333 Est. Cost $30.89 Unrealized +7.6%

— HERTZ GLOBAL HLDGS INC 0.5%

Value $3.881M Shares 180,000 Est. Cost $40.16 Unrealized —

SD SANDRIDGE ENERGY INC 0.4%

Value $2.811M Shares 119,347 Est. Cost $23.46 Unrealized 0.0%

TEO TELECOM ARGENTINA S A 0.4%

Value $2.726M Shares 150,000 Est. Cost $14.88 Unrealized —

— MDC PARTNERS INC 0.4%

Value $2.652M Shares 404,940 Est. Cost $19.07 Unrealized —

AAL AMERICAN AIRLS GROUP INC 0.3%

Value $2.335M Shares 50,000 Est. Cost $40.79 Unrealized +3.1%

— ALERE INC 0.3%

Value $1.949M Shares 50,000 Est. Cost $43.24 Unrealized —

ALLY ALLY FINL INC 0.3%

Value $1.902M Shares 100,000 Est. Cost $13.20 Unrealized +12.2%

CAR AVIS BUDGET GROUP 0.2%

Value $1.834M Shares 50,000 Est. Cost $34.41 Unrealized 0.0%

— GENERAL MTRS CO 0.2%

Value $1.395M Shares 81,292 Est. Cost $22.91 Unrealized —

— DYNEGY INC NEW DEL 0.2%

Value $1.387M Shares 163,900 Est. Cost $8.46 Unrealized —

— SOLARCITY CORP 0.1%

Value $827K Shares 980,000 Est. Cost $0.66 Unrealized —

— XERIUM TECHNOLOGIES INC 0.1%

Value $744K Shares 132,423 Est. Cost $14.33 Unrealized —

NRG NRG ENERGY INC 0.1%

Value $552K Shares 45,042 Est. Cost $26.58 Unrealized -64.4%

— HARVEST NATURAL RESOURCES IN 0.1%

Value $469K Shares 75,848 Est. Cost $6.18 Unrealized —

— WMIH CORP 0.0%

Value $362K Shares 233,649 Est. Cost $2.59 Unrealized —

— STEEL PARTNERS HLDGS L P 0.0%

Value $286K Shares 18,462 Est. Cost $16.52 Unrealized —

— CONCORDIA INTERNATIONAL CORP 0.0%

Value $64,000 Shares 30,000 Est. Cost $4.47 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	YAHOO INC	3,500,000	$135M	18.4%	$42.19	—	COM	984332106
—	VEREIT INC	9,301,777	$78.69M	10.7%	$7.72	—	COM	92339V100
—	CIGNA CORPORATION	562,130	$74.98M	10.2%	$82.50	—	COM	125509109
DAL	DELTA AIR LINES INC DEL	1,000,000	$49.19M	6.7%	$27.36	+49.5%	COM NEW	247361702
C	CITIGROUP INC	770,000	$45.76M	6.2%	$35.76	+13.6%	COM NEW	172967424
JPM	JPMORGAN CHASE & CO	400,000	$34.52M	4.7%	$36.24	+65.3%	COM	46625H100
BAC	BANK AMER CORP	1,497,400	$33.09M	4.5%	$10.16	+54.3%	COM	060505104
UAL	UNITED CONTL HLDGS INC	400,000	$29.15M	4.0%	$31.81	+100.3%	COM	910047109
YPF	YPF SOCIEDAD ANONIMA	1,728,855	$28.53M	3.9%	$17.33	—	SPON ADR CL D	984245100
GM	GENERAL MTRS CO	713,392	$24.86M	3.4%	$26.41	+6.6%	COM	37045V100
MERC	MERCER INTL INC	2,106,367	$22.43M	3.1%	$5.80	+13.3%	COM	588056101
PRU	PRUDENTIAL FINL INC	200,000	$20.81M	2.8%	$38.68	+61.9%	COM	744320102
NXST	NEXSTAR BROADCASTING GROUP I	250,000	$15.82M	2.2%	$33.14	+34.8%	CL A	65336K103
—	SYNGENTA AG	188,100	$14.87M	2.0%	$78.21	—	SPONSORED ADR	87160A100
HUM	HUMANA INC	70,770	$14.44M	2.0%	$160.64	+10.1%	COM	444859102
—	NORTEL INVERSORA S A	442,435	$11.53M	1.6%	$14.51	—	SPON ADR PFD B	656567401
MGA	MAGNA INTL INC	256,500	$11.13M	1.5%	$27.76	+15.2%	COM	559222401
—	DELPHI AUTOMOTIVE PLC	126,700	$8.533M	1.2%	$75.02	—	SHS	G27823106
—	VERSO CORP	1,200,098	$8.521M	1.2%	$6.45	—	CL A	92531L207
GASS	STEALTHGAS INC	2,415,287	$8.164M	1.1%	$10.36	-67.4%	SHS	Y81669106
—	DELL TECHNOLOGIES INC	147,683	$8.118M	1.1%	$47.80	—	COM CL V	24703L103
MET	METLIFE INC	150,000	$8.084M	1.1%	$24.43	+38.0%	COM	59156R108
MU	MICRON TECHNOLOGY INC	300,000	$6.576M	0.9%	$21.07	-13.0%	COM	595112103
BLDR	BUILDERS FIRSTSOURCE INC	550,000	$6.034M	0.8%	$12.37	-12.3%	COM	12008R107
—	MYLAN N V	142,150	$5.423M	0.7%	$38.14	—	SHS EURO	N59465109
HRI	HERC HLDGS INC	108,333	$4.351M	0.6%	$30.89	+7.6%	COM	42704L104
—	HERTZ GLOBAL HLDGS INC	180,000	$3.881M	0.5%	$40.16	—	COM	42806J106
SD	SANDRIDGE ENERGY INC	119,347	$2.811M	0.4%	$23.46	0.0%	COM NEW	80007P869
TEO	TELECOM ARGENTINA S A	150,000	$2.726M	0.4%	$14.88	—	SPON ADR REP B	879273209
—	MDC PARTNERS INC	404,940	$2.652M	0.4%	$19.07	—	CL A SUB VTG	552697104
AAL	AMERICAN AIRLS GROUP INC	50,000	$2.335M	0.3%	$40.79	+3.1%	COM	02376R102
—	ALERE INC	50,000	$1.949M	0.3%	$43.24	—	COM	01449J105
ALLY	ALLY FINL INC	100,000	$1.902M	0.3%	$13.20	+12.2%	COM	02005N100
CAR	AVIS BUDGET GROUP	50,000	$1.834M	0.2%	$34.41	0.0%	COM	053774105
—	GENERAL MTRS CO	81,292	$1.395M	0.2%	$22.91	—	Call	37045V126
—	DYNEGY INC NEW DEL	163,900	$1.387M	0.2%	$8.46	—	COM	26817R108
—	SOLARCITY CORP	980,000	$827K	0.1%	$0.66	—	NOTE 1.625%11/0	83416TAC4
—	XERIUM TECHNOLOGIES INC	132,423	$744K	0.1%	$14.33	—	COM NEW	98416J118
NRG	NRG ENERGY INC	45,042	$552K	0.1%	$26.58	-64.4%	COM NEW	629377508
—	HARVEST NATURAL RESOURCES IN	75,848	$469K	0.1%	$6.18	—	COM NEW	41754V202
—	WMIH CORP	233,649	$362K	0.0%	$2.59	—	COM	92936P100
—	STEEL PARTNERS HLDGS L P	18,462	$286K	0.0%	$16.52	—	LTD PRTRSHIP U	85814R107
—	CONCORDIA INTERNATIONAL CORP	30,000	$64,000	0.0%	$4.47	—	COM	20653P102