BRIGADE CAPITAL MANAGEMENT, LP Hedge Fund

Location: New York, NY

CIK: 0001421306 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 14, 2023

Total Value: $356M (76.5% shares, 23.5% debt)

Holdings (22)

LQD ISHARES TR 44.5%

Value $158M Shares 1,500,000 Est. Cost — Unrealized —

VAL VALARIS LIMITED 11.7%

Value $41.5M Shares 613,690 Est. Cost $25.06 Unrealized +148.9%

— LIBERTY MEDIA CORP DEL 10.6%

Value $37.66M Shares 112,409,000 Est. Cost $0.65 Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 6.8%

Value $24.24M Shares 28,520,000 Est. Cost $1.00 Unrealized —

NE NOBLE CORP PLC 3.8%

Value $13.58M Shares 360,125 Est. Cost $25.79 Unrealized +20.3%

— LIBERTY LATIN AMERICA LTD 3.1%

Value $11.05M Shares 12,465,000 Est. Cost $0.82 Unrealized —

EXE CHESAPEAKE ENERGY CORP 3.1%

Value $10.94M Shares 115,975 Est. Cost $35.05 Unrealized +150.9%

LUCK BOWLERO CORP 2.7%

Value $9.493M Shares 704,227 Est. Cost $9.39 Unrealized +37.0%

CCO CLEAR CHANNEL OUTDOOR HLDGS 2.5%

Value $8.97M Shares 8,542,416 Est. Cost $2.38 Unrealized -47.0%

BKLN INVESCO EXCH TRADED FD TR II 2.4%

Value $8.417M Shares 410,000 Est. Cost $20.53 Unrealized —

VISN COMMSCOPE HLDG CO INC 2.3%

Value $8.207M Shares 1,116,657 Est. Cost $11.46 Unrealized -15.8%

MX MAGNACHIP SEMICONDUCTOR CORP 1.6%

Value $5.625M Shares 599,000 Est. Cost $10.39 Unrealized -6.9%

— TWO HARBORS INVENTMENT CORPO 1.6%

Value $5.609M Shares 6,565,000 Est. Cost $1.08 Unrealized —

— LIBERTY MEDIA CORP DEL 1.4%

Value $5.07M Shares 15,135,000 Est. Cost $0.75 Unrealized —

BRSL INTERNATIONAL GAME TECHNOLOG 0.7%

Value $2.381M Shares 105,000 Est. Cost $17.43 Unrealized -8.5%

IHRT IHEARTMEDIA INC 0.6%

Value $2.261M Shares 368,767 Est. Cost $13.61 Unrealized -43.4%

LUXE MYT NETHERLANDS PARENT B V 0.3%

Value $1.158M Shares 130,000 Est. Cost $12.23 Unrealized —

SD SANDRIDGE ENERGY INC 0.2%

Value $831K Shares 48,882 Est. Cost $22.77 Unrealized -17.8%

— QURATE RETAIL INC 0.1%

Value $499K Shares 306,000 Est. Cost $5.24 Unrealized —

VAL/WS VALARIS LIMITED 0.0%

Value $94,699 Shares 7,918 Est. Cost $11.96 Unrealized —

— VISTRA CORP 0.0%

Value $4,524 Shares 28,415 Est. Cost $1.22 Unrealized —

IRS/WS IRSA INVERSIONES Y REP S A 0.0%

Value $1,426 Shares 142,630 Est. Cost $0.01 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LQD	ISHARES TR	1,500,000	$158M	44.5%	—	—	Call	464287242
VAL	VALARIS LIMITED	613,690	$41.5M	11.7%	$25.06	+148.9%	CL A	G9460G101
—	LIBERTY MEDIA CORP DEL	112,409,000	$37.66M	10.6%	$0.65	—	DEB 3.750% 2/1	530715AL5
—	WESTERN ASSET MORTGAGE CAPIT	28,520,000	$24.24M	6.8%	$1.00	—	NOTE 6.750% 9/1	95790DAD7
NE	NOBLE CORP PLC	360,125	$13.58M	3.8%	$25.79	+20.3%	ORD SHS A	G65431127
—	LIBERTY LATIN AMERICA LTD	12,465,000	$11.05M	3.1%	$0.82	—	NOTE 2.000% 7/1	53069QAB5
EXE	CHESAPEAKE ENERGY CORP	115,975	$10.94M	3.1%	$35.05	+150.9%	COM	165167735
LUCK	BOWLERO CORP	704,227	$9.493M	2.7%	$9.39	+37.0%	CL A COM	10258P102
CCO	CLEAR CHANNEL OUTDOOR HLDGS	8,542,416	$8.97M	2.5%	$2.38	-47.0%	COM	18453H106
BKLN	INVESCO EXCH TRADED FD TR II	410,000	$8.417M	2.4%	$20.53	—	SR LN ETF	46138G508
VISN	COMMSCOPE HLDG CO INC	1,116,657	$8.207M	2.3%	$11.46	-15.8%	COM	20337X109
MX	MAGNACHIP SEMICONDUCTOR CORP	599,000	$5.625M	1.6%	$10.39	-6.9%	COM	55933J203
—	TWO HARBORS INVENTMENT CORPO	6,565,000	$5.609M	1.6%	$1.08	—	NOTE 6.250% 1/1	90187BAB7
—	LIBERTY MEDIA CORP DEL	15,135,000	$5.07M	1.4%	$0.75	—	DEB 4.000%11/1	530715AG6
BRSL	INTERNATIONAL GAME TECHNOLOG	105,000	$2.381M	0.7%	$17.43	-8.5%	SHS USD	G4863A108
IHRT	IHEARTMEDIA INC	368,767	$2.261M	0.6%	$13.61	-43.4%	COM CL A	45174J509
LUXE	MYT NETHERLANDS PARENT B V	130,000	$1.158M	0.3%	$12.23	—	ADS	55406W103
SD	SANDRIDGE ENERGY INC	48,882	$831K	0.2%	$22.77	-17.8%	COM NEW	80007P869
—	QURATE RETAIL INC	306,000	$499K	0.1%	$5.24	—	COM SER A	74915M100
VAL/WS	VALARIS LIMITED	7,918	$94,699	0.0%	$11.96	—	*W EXP 04/29/202	G9460G119
—	VISTRA CORP	28,415	$4,524	0.0%	$1.22	—	*W EXP 02/02/202	92840M128
IRS/WS	IRSA INVERSIONES Y REP S A	142,630	$1,426	0.0%	$0.01	—	*W EXP 05/12/202	P5880C134