REDWOOD CAPITAL MANAGEMENT, LLC Diversified Active

CIK: 0001316622 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 14, 2017

Total Value ($000): $735,134 (99.9% shares, 0.1% debt)

Holdings (43)

— YAHOO INC 18.4%

Value ($000) $135,345 Shares 3,500,000 Est. Cost $42.19 Unrealized —

— VEREIT INC 10.7%

Value ($000) $78,693 Shares 9,301,777 Est. Cost $7.72 Unrealized —

— CIGNA CORPORATION 10.2%

Value ($000) $74,983 Shares 562,130 Est. Cost $82.50 Unrealized —

DAL DELTA AIR LINES INC DEL 6.7%

Value ($000) $49,190 Shares 1,000,000 Est. Cost $27.36 Unrealized +49.5%

C CITIGROUP INC 6.2%

Value ($000) $45,761 Shares 770,000 Est. Cost $35.76 Unrealized +13.6%

JPM JPMORGAN CHASE & CO 4.7%

Value ($000) $34,516 Shares 400,000 Est. Cost $36.24 Unrealized +65.3%

BAC BANK AMER CORP 4.5%

Value ($000) $33,093 Shares 1,497,400 Est. Cost $10.16 Unrealized +54.3%

UAL UNITED CONTL HLDGS INC 4.0%

Value ($000) $29,152 Shares 400,000 Est. Cost $31.81 Unrealized +100.3%

YPF YPF SOCIEDAD ANONIMA 3.9%

Value ($000) $28,526 Shares 1,728,855 Est. Cost $17.33 Unrealized —

GM GENERAL MTRS CO 3.4%

Value ($000) $24,855 Shares 713,392 Est. Cost $26.41 Unrealized +6.6%

MERC MERCER INTL INC 3.1%

Value ($000) $22,433 Shares 2,106,367 Est. Cost $5.80 Unrealized +13.3%

PRU PRUDENTIAL FINL INC 2.8%

Value ($000) $20,812 Shares 200,000 Est. Cost $38.68 Unrealized +61.9%

NXST NEXSTAR BROADCASTING GROUP I 2.2%

Value ($000) $15,825 Shares 250,000 Est. Cost $33.14 Unrealized +34.8%

— SYNGENTA AG 2.0%

Value ($000) $14,869 Shares 188,100 Est. Cost $78.21 Unrealized —

HUM HUMANA INC 2.0%

Value ($000) $14,439 Shares 70,770 Est. Cost $160.64 Unrealized +10.1%

— NORTEL INVERSORA S A 1.6%

Value ($000) $11,530 Shares 442,435 Est. Cost $14.51 Unrealized —

MGA MAGNA INTL INC 1.5%

Value ($000) $11,132 Shares 256,500 Est. Cost $27.76 Unrealized +15.2%

— DELPHI AUTOMOTIVE PLC 1.2%

Value ($000) $8,533 Shares 126,700 Est. Cost $75.02 Unrealized —

— VERSO CORP 1.2%

Value ($000) $8,521 Shares 1,200,098 Est. Cost $6.45 Unrealized —

GASS STEALTHGAS INC 1.1%

Value ($000) $8,164 Shares 2,415,287 Est. Cost $10.36 Unrealized -67.4%

— DELL TECHNOLOGIES INC 1.1%

Value ($000) $8,118 Shares 147,683 Est. Cost $47.80 Unrealized —

MET METLIFE INC 1.1%

Value ($000) $8,084 Shares 150,000 Est. Cost $24.43 Unrealized +38.0%

MU MICRON TECHNOLOGY INC 0.9%

Value ($000) $6,576 Shares 300,000 Est. Cost $21.07 Unrealized -13.0%

BLDR BUILDERS FIRSTSOURCE INC 0.8%

Value ($000) $6,034 Shares 550,000 Est. Cost $12.37 Unrealized -12.3%

— MYLAN N V 0.7%

Value ($000) $5,423 Shares 142,150 Est. Cost $38.14 Unrealized —

HRI HERC HLDGS INC 0.6%

Value ($000) $4,351 Shares 108,333 Est. Cost $30.89 Unrealized +7.6%

— HERTZ GLOBAL HLDGS INC 0.5%

Value ($000) $3,881 Shares 180,000 Est. Cost $40.16 Unrealized —

SD SANDRIDGE ENERGY INC 0.4%

Value ($000) $2,811 Shares 119,347 Est. Cost $23.46 Unrealized 0.0%

TEO TELECOM ARGENTINA S A 0.4%

Value ($000) $2,726 Shares 150,000 Est. Cost $14.88 Unrealized —

— MDC PARTNERS INC 0.4%

Value ($000) $2,652 Shares 404,940 Est. Cost $19.07 Unrealized —

AAL AMERICAN AIRLS GROUP INC 0.3%

Value ($000) $2,335 Shares 50,000 Est. Cost $40.79 Unrealized +3.1%

— ALERE INC 0.3%

Value ($000) $1,949 Shares 50,000 Est. Cost $43.24 Unrealized —

ALLY ALLY FINL INC 0.3%

Value ($000) $1,902 Shares 100,000 Est. Cost $13.20 Unrealized +12.2%

CAR AVIS BUDGET GROUP 0.2%

Value ($000) $1,834 Shares 50,000 Est. Cost $34.41 Unrealized 0.0%

— GENERAL MTRS CO 0.2%

Value ($000) $1,395 Shares 81,292 Est. Cost $22.91 Unrealized —

— DYNEGY INC NEW DEL 0.2%

Value ($000) $1,387 Shares 163,900 Est. Cost $8.46 Unrealized —

— SOLARCITY CORP 0.1%

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

— XERIUM TECHNOLOGIES INC 0.1%

Value ($000) $744 Shares 132,423 Est. Cost $14.33 Unrealized —

NRG NRG ENERGY INC 0.1%

Value ($000) $552 Shares 45,042 Est. Cost $26.58 Unrealized -64.4%

— HARVEST NATURAL RESOURCES IN 0.1%

Value ($000) $469 Shares 75,848 Est. Cost $6.18 Unrealized —

— WMIH CORP 0.0%

Value ($000) $362 Shares 233,649 Est. Cost $2.59 Unrealized —

— STEEL PARTNERS HLDGS L P 0.0%

Value ($000) $286 Shares 18,462 Est. Cost $16.52 Unrealized —

— CONCORDIA INTERNATIONAL CORP 0.0%

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

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	YAHOO INC	3,500,000	$135,345	18.4%	$42.19	—	COM	984332106
—	VEREIT INC	9,301,777	$78,693	10.7%	$7.72	—	COM	92339V100
—	CIGNA CORPORATION	562,130	$74,983	10.2%	$82.50	—	COM	125509109
DAL	DELTA AIR LINES INC DEL	1,000,000	$49,190	6.7%	$27.36	+49.5%	COM NEW	247361702
C	CITIGROUP INC	770,000	$45,761	6.2%	$35.76	+13.6%	COM NEW	172967424
JPM	JPMORGAN CHASE & CO	400,000	$34,516	4.7%	$36.24	+65.3%	COM	46625H100
BAC	BANK AMER CORP	1,497,400	$33,093	4.5%	$10.16	+54.3%	COM	060505104
UAL	UNITED CONTL HLDGS INC	400,000	$29,152	4.0%	$31.81	+100.3%	COM	910047109
YPF	YPF SOCIEDAD ANONIMA	1,728,855	$28,526	3.9%	$17.33	—	SPON ADR CL D	984245100
GM	GENERAL MTRS CO	713,392	$24,855	3.4%	$26.41	+6.6%	COM	37045V100
MERC	MERCER INTL INC	2,106,367	$22,433	3.1%	$5.80	+13.3%	COM	588056101
PRU	PRUDENTIAL FINL INC	200,000	$20,812	2.8%	$38.68	+61.9%	COM	744320102
NXST	NEXSTAR BROADCASTING GROUP I	250,000	$15,825	2.2%	$33.14	+34.8%	CL A	65336K103
—	SYNGENTA AG	188,100	$14,869	2.0%	$78.21	—	SPONSORED ADR	87160A100
HUM	HUMANA INC	70,770	$14,439	2.0%	$160.64	+10.1%	COM	444859102
—	NORTEL INVERSORA S A	442,435	$11,530	1.6%	$14.51	—	SPON ADR PFD B	656567401
MGA	MAGNA INTL INC	256,500	$11,132	1.5%	$27.76	+15.2%	COM	559222401
—	DELPHI AUTOMOTIVE PLC	126,700	$8,533	1.2%	$75.02	—	SHS	G27823106
—	VERSO CORP	1,200,098	$8,521	1.2%	$6.45	—	CL A	92531L207
GASS	STEALTHGAS INC	2,415,287	$8,164	1.1%	$10.36	-67.4%	SHS	Y81669106
—	DELL TECHNOLOGIES INC	147,683	$8,118	1.1%	$47.80	—	COM CL V	24703L103
MET	METLIFE INC	150,000	$8,084	1.1%	$24.43	+38.0%	COM	59156R108
MU	MICRON TECHNOLOGY INC	300,000	$6,576	0.9%	$21.07	-13.0%	COM	595112103
BLDR	BUILDERS FIRSTSOURCE INC	550,000	$6,034	0.8%	$12.37	-12.3%	COM	12008R107
—	MYLAN N V	142,150	$5,423	0.7%	$38.14	—	SHS EURO	N59465109
HRI	HERC HLDGS INC	108,333	$4,351	0.6%	$30.89	+7.6%	COM	42704L104
—	HERTZ GLOBAL HLDGS INC	180,000	$3,881	0.5%	$40.16	—	COM	42806J106
SD	SANDRIDGE ENERGY INC	119,347	$2,811	0.4%	$23.46	0.0%	COM NEW	80007P869
TEO	TELECOM ARGENTINA S A	150,000	$2,726	0.4%	$14.88	—	SPON ADR REP B	879273209
—	MDC PARTNERS INC	404,940	$2,652	0.4%	$19.07	—	CL A SUB VTG	552697104
AAL	AMERICAN AIRLS GROUP INC	50,000	$2,335	0.3%	$40.79	+3.1%	COM	02376R102
—	ALERE INC	50,000	$1,949	0.3%	$43.24	—	COM	01449J105
ALLY	ALLY FINL INC	100,000	$1,902	0.3%	$13.20	+12.2%	COM	02005N100
CAR	AVIS BUDGET GROUP	50,000	$1,834	0.2%	$34.41	0.0%	COM	053774105
—	GENERAL MTRS CO	81,292	$1,395	0.2%	$22.91	—	Call	37045V126
—	DYNEGY INC NEW DEL	163,900	$1,387	0.2%	$8.46	—	COM	26817R108
—	SOLARCITY CORP	980,000	$827	0.1%	$0.66	—	NOTE 1.625%11/0	83416TAC4
—	XERIUM TECHNOLOGIES INC	132,423	$744	0.1%	$14.33	—	COM NEW	98416J118
NRG	NRG ENERGY INC	45,042	$552	0.1%	$26.58	-64.4%	COM NEW	629377508
—	HARVEST NATURAL RESOURCES IN	75,848	$469	0.1%	$6.18	—	COM NEW	41754V202
—	WMIH CORP	233,649	$362	0.0%	$2.59	—	COM	92936P100
—	STEEL PARTNERS HLDGS L P	18,462	$286	0.0%	$16.52	—	LTD PRTRSHIP U	85814R107
—	CONCORDIA INTERNATIONAL CORP	30,000	$64	0.0%	$4.47	—	COM	20653P102