REDWOOD CAPITAL MANAGEMENT, LLC Diversified Active

Location: New York, NY

CIK: 0001316622 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Nov 14, 2017

Total Value: $978M (99.9% shares, 0.1% debt)

Holdings (47)

— ALTABA INC 38.7%

Value $378M Shares 5,713,943 Est. Cost $54.48 Unrealized —

— VEREIT INC 7.9%

Value $77.11M Shares 9,301,777 Est. Cost $7.72 Unrealized —

C CITIGROUP INC 5.7%

Value $56.01M Shares 770,000 Est. Cost $35.76 Unrealized +45.2%

DAL DELTA AIR LINES INC DEL 4.9%

Value $48.22M Shares 1,000,000 Est. Cost $27.36 Unrealized +65.6%

JPM JPMORGAN CHASE & CO 3.9%

Value $38.2M Shares 400,000 Est. Cost $36.24 Unrealized +103.3%

BAC BANK AMER CORP 2.8%

Value $27.55M Shares 1,087,400 Est. Cost $10.16 Unrealized +96.4%

MERC MERCER INTL INC 2.5%

Value $24.62M Shares 2,077,910 Est. Cost $5.98 Unrealized +40.0%

FE FIRSTENERGY CORP 2.3%

Value $22.35M Shares 725,000 Est. Cost $20.84 Unrealized +7.2%

GM GENERAL MTRS CO 2.2%

Value $21.74M Shares 538,392 Est. Cost $26.41 Unrealized +19.6%

PRU PRUDENTIAL FINL INC 2.2%

Value $21.26M Shares 200,000 Est. Cost $38.68 Unrealized +86.3%

QCOM QUALCOMM INC 2.1%

Value $20.34M Shares 392,430 Est. Cost $45.18 Unrealized -6.4%

YPF YPF SOCIEDAD ANONIMA 2.0%

Value $19.61M Shares 880,385 Est. Cost $17.33 Unrealized —

— CIT GROUP INC 2.0%

Value $19.44M Shares 396,400 Est. Cost $47.25 Unrealized —

UAL UNITED CONTL HLDGS INC 1.9%

Value $18.26M Shares 300,000 Est. Cost $31.81 Unrealized +109.4%

— NORTEL INVERSORA S A 1.8%

Value $17.25M Shares 442,435 Est. Cost $14.51 Unrealized —

MGA MAGNA INTL INC 1.7%

Value $16.36M Shares 306,500 Est. Cost $28.68 Unrealized +30.9%

NXST NEXSTAR MEDIA GROUP INC 1.6%

Value $15.57M Shares 250,000 Est. Cost $33.14 Unrealized +47.2%

THC TENET HEALTHCARE CORP 1.6%

Value $15.2M Shares 925,000 Est. Cost $17.41 Unrealized -2.6%

— DELL TECHNOLOGIES INC 1.2%

Value $11.4M Shares 147,683 Est. Cost $47.80 Unrealized —

MU MICRON TECHNOLOGY INC 1.0%

Value $9.833M Shares 250,000 Est. Cost $21.07 Unrealized +46.4%

— MDC PARTNERS INC 1.0%

Value $9.394M Shares 853,970 Est. Cost $14.25 Unrealized —

— VISTA OUTDOOR INC 0.9%

Value $9.211M Shares 401,523 Est. Cost $20.59 Unrealized —

GASS STEALTHGAS INC 0.8%

Value $7.995M Shares 2,415,287 Est. Cost $10.36 Unrealized -69.6%

NXPI NXP SEMICONDUCTORS N V 0.8%

Value $7.962M Shares 70,400 Est. Cost $89.86 Unrealized +10.3%

— CIGNA CORPORATION 0.8%

Value $7.478M Shares 40,000 Est. Cost $82.50 Unrealized —

— FORTERRA INC 0.7%

Value $6.975M Shares 1,550,000 Est. Cost $6.75 Unrealized —

ADNT ADIENT PLC 0.7%

Value $6.719M Shares 80,000 Est. Cost $66.63 Unrealized +4.6%

— VERSO CORP 0.6%

Value $6.108M Shares 1,200,098 Est. Cost $6.45 Unrealized —

HRI HERC HLDGS INC 0.5%

Value $5.322M Shares 108,333 Est. Cost $30.89 Unrealized +29.2%

— QUALITY CARE PPTYS INC 0.5%

Value $5.049M Shares 325,753 Est. Cost $18.31 Unrealized —

TEO TELECOM ARGENTINA S A 0.5%

Value $4.626M Shares 150,000 Est. Cost $14.88 Unrealized —

— MYLAN N V 0.4%

Value $3.608M Shares 115,000 Est. Cost $38.14 Unrealized —

ALLY ALLY FINL INC 0.2%

Value $2.426M Shares 100,000 Est. Cost $13.20 Unrealized +31.9%

SD SANDRIDGE ENERGY INC 0.2%

Value $2.398M Shares 119,347 Est. Cost $23.46 Unrealized -21.0%

AAL AMERICAN AIRLS GROUP INC 0.2%

Value $2.375M Shares 50,000 Est. Cost $40.79 Unrealized +15.2%

— KRATON CORPORATION 0.2%

Value $2.219M Shares 54,878 Est. Cost $30.92 Unrealized —

— ULTRA PETROLEUM CORP 0.2%

Value $2.056M Shares 237,139 Est. Cost $10.85 Unrealized —

— ALERE INC 0.2%

Value $1.53M Shares 30,000 Est. Cost $43.24 Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 0.1%

Value $1.417M Shares 78,770 Est. Cost $12.37 Unrealized +30.3%

SGRY SURGERY PARTNERS INC 0.1%

Value $1.161M Shares 112,138 Est. Cost $14.30 Unrealized 0.0%

NRG NRG ENERGY INC 0.1%

Value $1.153M Shares 45,042 Est. Cost $26.58 Unrealized -26.5%

— SOLARCITY CORP 0.1%

Value $926K Shares 980,000 Est. Cost $0.66 Unrealized —

— XERIUM TECHNOLOGIES INC 0.1%

Value $633K Shares 132,423 Est. Cost $14.33 Unrealized —

— STEEL PARTNERS HLDGS L P 0.0%

Value $338K Shares 18,462 Est. Cost $16.52 Unrealized —

— WMIH CORP 0.0%

Value $222K Shares 233,649 Est. Cost $2.59 Unrealized —

— ERA GROUP INC 0.0%

Value $112K Shares 10,000 Est. Cost $11.20 Unrealized —

— CONCORDIA INTERNATIONAL CORP 0.0%

Value $35,000 Shares 30,000 Est. Cost $4.47 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ALTABA INC	5,713,943	$378M	38.7%	$54.48	—	COM	021346101
—	VEREIT INC	9,301,777	$77.11M	7.9%	$7.72	—	COM	92339V100
C	CITIGROUP INC	770,000	$56.01M	5.7%	$35.76	+45.2%	COM NEW	172967424
DAL	DELTA AIR LINES INC DEL	1,000,000	$48.22M	4.9%	$27.36	+65.6%	COM NEW	247361702
JPM	JPMORGAN CHASE & CO	400,000	$38.2M	3.9%	$36.24	+103.3%	COM	46625H100
BAC	BANK AMER CORP	1,087,400	$27.55M	2.8%	$10.16	+96.4%	COM	060505104
MERC	MERCER INTL INC	2,077,910	$24.62M	2.5%	$5.98	+40.0%	COM	588056101
FE	FIRSTENERGY CORP	725,000	$22.35M	2.3%	$20.84	+7.2%	COM	337932107
GM	GENERAL MTRS CO	538,392	$21.74M	2.2%	$26.41	+19.6%	COM	37045V100
PRU	PRUDENTIAL FINL INC	200,000	$21.26M	2.2%	$38.68	+86.3%	COM	744320102
QCOM	QUALCOMM INC	392,430	$20.34M	2.1%	$45.18	-6.4%	COM	747525103
YPF	YPF SOCIEDAD ANONIMA	880,385	$19.61M	2.0%	$17.33	—	SPON ADR CL D	984245100
—	CIT GROUP INC	396,400	$19.44M	2.0%	$47.25	—	COM NEW	125581801
UAL	UNITED CONTL HLDGS INC	300,000	$18.26M	1.9%	$31.81	+109.4%	COM	910047109
—	NORTEL INVERSORA S A	442,435	$17.25M	1.8%	$14.51	—	SPON ADR PFD B	656567401
MGA	MAGNA INTL INC	306,500	$16.36M	1.7%	$28.68	+30.9%	COM	559222401
NXST	NEXSTAR MEDIA GROUP INC	250,000	$15.57M	1.6%	$33.14	+47.2%	CL A	65336K103
THC	TENET HEALTHCARE CORP	925,000	$15.2M	1.6%	$17.41	-2.6%	COM NEW	88033G407
—	DELL TECHNOLOGIES INC	147,683	$11.4M	1.2%	$47.80	—	COM CL V	24703L103
MU	MICRON TECHNOLOGY INC	250,000	$9.833M	1.0%	$21.07	+46.4%	COM	595112103
—	MDC PARTNERS INC	853,970	$9.394M	1.0%	$14.25	—	CL A SUB VTG	552697104
—	VISTA OUTDOOR INC	401,523	$9.211M	0.9%	$20.59	—	COM	928377100
GASS	STEALTHGAS INC	2,415,287	$7.995M	0.8%	$10.36	-69.6%	SHS	Y81669106
NXPI	NXP SEMICONDUCTORS N V	70,400	$7.962M	0.8%	$89.86	+10.3%	COM	N6596X109
—	CIGNA CORPORATION	40,000	$7.478M	0.8%	$82.50	—	COM	125509109
—	FORTERRA INC	1,550,000	$6.975M	0.7%	$6.75	—	COM	34960W106
ADNT	ADIENT PLC	80,000	$6.719M	0.7%	$66.63	+4.6%	ORD SHS	G0084W101
—	VERSO CORP	1,200,098	$6.108M	0.6%	$6.45	—	CL A	92531L207
HRI	HERC HLDGS INC	108,333	$5.322M	0.5%	$30.89	+29.2%	COM	42704L104
—	QUALITY CARE PPTYS INC	325,753	$5.049M	0.5%	$18.31	—	COM	747545101
TEO	TELECOM ARGENTINA S A	150,000	$4.626M	0.5%	$14.88	—	SPON ADR REP B	879273209
—	MYLAN N V	115,000	$3.608M	0.4%	$38.14	—	SHS EURO	N59465109
ALLY	ALLY FINL INC	100,000	$2.426M	0.2%	$13.20	+31.9%	COM	02005N100
SD	SANDRIDGE ENERGY INC	119,347	$2.398M	0.2%	$23.46	-21.0%	COM NEW	80007P869
AAL	AMERICAN AIRLS GROUP INC	50,000	$2.375M	0.2%	$40.79	+15.2%	COM	02376R102
—	KRATON CORPORATION	54,878	$2.219M	0.2%	$30.92	—	COM	50077C106
—	ULTRA PETROLEUM CORP	237,139	$2.056M	0.2%	$10.85	—	COM NEW	903914208
—	ALERE INC	30,000	$1.53M	0.2%	$43.24	—	COM	01449J105
BLDR	BUILDERS FIRSTSOURCE INC	78,770	$1.417M	0.1%	$12.37	+30.3%	COM	12008R107
SGRY	SURGERY PARTNERS INC	112,138	$1.161M	0.1%	$14.30	0.0%	COM	86881A100
NRG	NRG ENERGY INC	45,042	$1.153M	0.1%	$26.58	-26.5%	COM NEW	629377508
—	SOLARCITY CORP	980,000	$926K	0.1%	$0.66	—	NOTE 1.625%11/0	83416TAC4
—	XERIUM TECHNOLOGIES INC	132,423	$633K	0.1%	$14.33	—	COM NEW	98416J118
—	STEEL PARTNERS HLDGS L P	18,462	$338K	0.0%	$16.52	—	LTD PRTRSHIP U	85814R107
—	WMIH CORP	233,649	$222K	0.0%	$2.59	—	COM	92936P100
—	ERA GROUP INC	10,000	$112K	0.0%	$11.20	—	COM	26885G109
—	CONCORDIA INTERNATIONAL CORP	30,000	$35,000	0.0%	$4.47	—	COM	20653P102