REDWOOD CAPITAL MANAGEMENT, LLC Diversified Active

CIK: 0001316622 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value ($000): $1,638,784 (99.1% shares, 0.9% debt)

Holdings (43)

EPR EPR PPTYS 14.3%

Value ($000) $234,053 Shares 7,201,623 Est. Cost $31.46 Unrealized —

WFC WELLS FARGO CO NEW 10.2%

Value ($000) $167,080 Shares 5,536,130 Est. Cost $22.35 Unrealized +3.1%

— VEREIT INC 9.8%

Value ($000) $160,162 Shares 4,238,213 Est. Cost $37.79 Unrealized —

PCG PG&E CORP 9.4%

Value ($000) $153,532 Shares 12,322,020 Est. Cost $15.96 Unrealized -29.9%

BFH ALLIANCE DATA SYSTEMS CORP 8.2%

Value ($000) $133,852 Shares 1,806,368 Est. Cost $32.41 Unrealized +42.0%

SVC SERVICE PPTYS TR 5.3%

Value ($000) $87,320 Shares 7,599,649 Est. Cost $8.22 Unrealized —

C CITIGROUP INC 4.6%

Value ($000) $75,225 Shares 1,220,000 Est. Cost $40.84 Unrealized +3.8%

BHC BAUSCH HEALTH COS INC 4.1%

Value ($000) $67,562 Shares 3,248,163 Est. Cost $23.53 Unrealized -20.7%

ADNT ADIENT PLC 3.2%

Value ($000) $52,511 Shares 1,510,237 Est. Cost $17.88 Unrealized +57.6%

RDN RADIAN GROUP INC 3.1%

Value ($000) $50,877 Shares 2,512,427 Est. Cost $12.56 Unrealized +26.6%

VNO VORNADO RLTY TR 2.5%

Value ($000) $41,017 Shares 1,098,467 Est. Cost $36.54 Unrealized —

MTG MGIC INVT CORP WIS 2.5%

Value ($000) $40,594 Shares 3,234,596 Est. Cost $8.52 Unrealized +32.7%

LOMA LOMA NEGRA CORP 2.4%

Value ($000) $39,983 Shares 6,501,380 Est. Cost $4.56 Unrealized —

— PLAYA HOTELS & RESORTS NV 2.2%

Value ($000) $36,555 Shares 6,143,629 Est. Cost $4.43 Unrealized —

HRI HERC HLDGS INC 1.9%

Value ($000) $30,771 Shares 463,352 Est. Cost $37.75 Unrealized +31.7%

— EQUITRANS MIDSTREAM CORP 1.5%

Value ($000) $25,171 Shares 3,130,760 Est. Cost $8.97 Unrealized —

MERC MERCER INTL INC 1.3%

Value ($000) $21,225 Shares 2,070,724 Est. Cost $6.12 Unrealized +11.6%

MSC STUDIO CITY INTL HLDGS LTD 1.3%

Value ($000) $20,619 Shares 1,737,108 Est. Cost $16.21 Unrealized —

— SL GREEN RLTY CORP 1.2%

Value ($000) $20,257 Shares 340,000 Est. Cost $59.58 Unrealized —

THC TENET HEALTHCARE CORP 1.2%

Value ($000) $19,931 Shares 499,138 Est. Cost $21.02 Unrealized +53.5%

LAUR LAUREATE EDUCATION INC 1.1%

Value ($000) $17,909 Shares 1,229,985 Est. Cost $9.96 Unrealized +41.8%

— GUESS INC 0.9%

Value ($000) $15,431 Shares 13,878,000 Est. Cost $0.82 Unrealized —

— VIACOMCBS INC 0.9%

Value ($000) $14,315 Shares 384,200 Est. Cost $41.97 Unrealized —

MET METLIFE INC 0.8%

Value ($000) $12,911 Shares 275,000 Est. Cost $36.45 Unrealized +1.5%

HGV HILTON GRAND VACATIONS INC 0.7%

Value ($000) $11,951 Shares 381,214 Est. Cost $28.25 Unrealized -7.5%

CCL CARNIVAL CORP 0.7%

Value ($000) $10,830 Shares 500,000 Est. Cost $17.78 Unrealized 0.0%

OPLN KAR AUCTION SVCS INC 0.7%

Value ($000) $10,679 Shares 573,858 Est. Cost $15.62 Unrealized +10.5%

TEO TELECOM ARGENTINA S A 0.6%

Value ($000) $9,722 Shares 1,482,084 Est. Cost $24.05 Unrealized —

VICI VICI PPTYS INC 0.6%

Value ($000) $9,233 Shares 362,074 Est. Cost $16.97 Unrealized +11.5%

— VERSO CORP 0.4%

Value ($000) $7,145 Shares 594,433 Est. Cost $6.97 Unrealized —

— MDC PARTNERS INC. 0.4%

Value ($000) $6,277 Shares 2,500,678 Est. Cost $7.36 Unrealized —

TAK TAKEDA PHARMACEUTICAL CO LTD 0.3%

Value ($000) $5,733 Shares 315,006 Est. Cost $20.37 Unrealized —

GASS STEALTHGAS INC 0.3%

Value ($000) $5,651 Shares 2,404,887 Est. Cost $10.36 Unrealized -76.5%

GLPI GAMING & LEISURE PPTYS INC 0.3%

Value ($000) $4,748 Shares 111,978 Est. Cost $27.82 Unrealized —

EIX EDISON INTL 0.3%

Value ($000) $4,712 Shares 75,000 Est. Cost $53.09 Unrealized -9.9%

XLU SELECT SECTOR SPDR TR 0.3%

Value ($000) $4,703 Shares 75,000 Est. Cost $55.41 Unrealized —

ALLY ALLY FINL INC 0.2%

Value ($000) $3,566 Shares 100,000 Est. Cost $13.20 Unrealized +93.6%

VTRS VIATRIS INC 0.1%

Value ($000) $1,874 Shares 100,000 Est. Cost $13.33 Unrealized 0.0%

— CURO GROUP HOLDINGS CORP 0.1%

Value ($000) $1,765 Shares 123,172 Est. Cost $9.49 Unrealized —

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.0%

Value ($000) $530 Shares 321,006 Est. Cost $5.11 Unrealized -75.4%

SD SANDRIDGE ENERGY INC 0.0%

Value ($000) $370 Shares 119,347 Est. Cost $23.46 Unrealized -89.5%

HAL HALLIBURTON CO 0.0%

Value ($000) $231 Shares 12,200 Est. Cost $15.62 Unrealized -9.4%

IHRT IHEARTMEDIA INC 0.0%

Value ($000) $201 Shares 15,451 Est. Cost $14.60 Unrealized -29.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EPR	EPR PPTYS	7,201,623	$234,053	14.3%	$31.46	—	COM SH BEN INT	26884U109
WFC	WELLS FARGO CO NEW	5,536,130	$167,080	10.2%	$22.35	+3.1%	COM	949746101
—	VEREIT INC	4,238,213	$160,162	9.8%	$37.79	—	COM	92339V308
PCG	PG&E CORP	12,322,020	$153,532	9.4%	$15.96	-29.9%	COM	69331C108
BFH	ALLIANCE DATA SYSTEMS CORP	1,806,368	$133,852	8.2%	$32.41	+42.0%	COM	018581108
SVC	SERVICE PPTYS TR	7,599,649	$87,320	5.3%	$8.22	—	COM SH BEN INT	81761L102
C	CITIGROUP INC	1,220,000	$75,225	4.6%	$40.84	+3.8%	COM NEW	172967424
BHC	BAUSCH HEALTH COS INC	3,248,163	$67,562	4.1%	$23.53	-20.7%	COM	071734107
ADNT	ADIENT PLC	1,510,237	$52,511	3.2%	$17.88	+57.6%	ORD SHS	G0084W101
RDN	RADIAN GROUP INC	2,512,427	$50,877	3.1%	$12.56	+26.6%	COM	750236101
VNO	VORNADO RLTY TR	1,098,467	$41,017	2.5%	$36.54	—	SH BEN INT	929042109
MTG	MGIC INVT CORP WIS	3,234,596	$40,594	2.5%	$8.52	+32.7%	COM	552848103
LOMA	LOMA NEGRA CORP	6,501,380	$39,983	2.4%	$4.56	—	SPONSORED ADS	54150E104
—	PLAYA HOTELS & RESORTS NV	6,143,629	$36,555	2.2%	$4.43	—	SHS	N70544106
HRI	HERC HLDGS INC	463,352	$30,771	1.9%	$37.75	+31.7%	COM	42704L104
—	EQUITRANS MIDSTREAM CORP	3,130,760	$25,171	1.5%	$8.97	—	COM	294600101
MERC	MERCER INTL INC	2,070,724	$21,225	1.3%	$6.12	+11.6%	COM	588056101
MSC	STUDIO CITY INTL HLDGS LTD	1,737,108	$20,619	1.3%	$16.21	—	SPON ADS	86389T106
—	SL GREEN RLTY CORP	340,000	$20,257	1.2%	$59.58	—	COM	78440X101
THC	TENET HEALTHCARE CORP	499,138	$19,931	1.2%	$21.02	+53.5%	COM NEW	88033G407
LAUR	LAUREATE EDUCATION INC	1,229,985	$17,909	1.1%	$9.96	+41.8%	CL A	518613203
—	GUESS INC	13,878,000	$15,431	0.9%	$0.82	—	NOTE 2.000% 4/1	401617AD7
—	VIACOMCBS INC	384,200	$14,315	0.9%	$41.97	—	CL B	92556H206
MET	METLIFE INC	275,000	$12,911	0.8%	$36.45	+1.5%	COM	59156R108
HGV	HILTON GRAND VACATIONS INC	381,214	$11,951	0.7%	$28.25	-7.5%	COM	43283X105
CCL	CARNIVAL CORP	500,000	$10,830	0.7%	$17.78	0.0%	UNIT 99/99/9999	143658300
OPLN	KAR AUCTION SVCS INC	573,858	$10,679	0.7%	$15.62	+10.5%	COM	48238T109
TEO	TELECOM ARGENTINA S A	1,482,084	$9,722	0.6%	$24.05	—	SPON ADR REP B	879273209
VICI	VICI PPTYS INC	362,074	$9,233	0.6%	$16.97	+11.5%	COM	925652109
—	VERSO CORP	594,433	$7,145	0.4%	$6.97	—	CL A	92531L207
—	MDC PARTNERS INC.	2,500,678	$6,277	0.4%	$7.36	—	CL A SUB VTG	552697104
TAK	TAKEDA PHARMACEUTICAL CO LTD	315,006	$5,733	0.3%	$20.37	—	SPONSORED ADS	874060205
GASS	STEALTHGAS INC	2,404,887	$5,651	0.3%	$10.36	-76.5%	SHS	Y81669106
GLPI	GAMING & LEISURE PPTYS INC	111,978	$4,748	0.3%	$27.82	—	COM	36467J108
EIX	EDISON INTL	75,000	$4,712	0.3%	$53.09	-9.9%	COM	281020107
XLU	SELECT SECTOR SPDR TR	75,000	$4,703	0.3%	$55.41	—	SBI INT-UTILS	81369Y886
ALLY	ALLY FINL INC	100,000	$3,566	0.2%	$13.20	+93.6%	COM	02005N100
VTRS	VIATRIS INC	100,000	$1,874	0.1%	$13.33	0.0%	COM	92556V106
—	CURO GROUP HOLDINGS CORP	123,172	$1,765	0.1%	$9.49	—	COM	23131L107
CCO	CLEAR CHANNEL OUTDOOR HLDGS	321,006	$530	0.0%	$5.11	-75.4%	COM	18453H106
SD	SANDRIDGE ENERGY INC	119,347	$370	0.0%	$23.46	-89.5%	COM NEW	80007P869
HAL	HALLIBURTON CO	12,200	$231	0.0%	$15.62	-9.4%	COM	406216101
IHRT	IHEARTMEDIA INC	15,451	$201	0.0%	$14.60	-29.5%	COM CL A	45174J509