REDWOOD CAPITAL MANAGEMENT, LLC Diversified Active

CIK: 0001316622 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $676,129 (69.1% shares, 30.9% debt)

Holdings (34)

AER AERCAP HOLDINGS NV 17.8%

Value ($000) $120,446 Shares 2,142,023 Est. Cost $52.12 Unrealized +13.0%

— IQIYI INC 9.6%

Value ($000) $64,886 Shares 71,233,000 Est. Cost $0.93 Unrealized —

— COINBASE GLOBAL INC 7.6%

Value ($000) $51,432 Shares 80,362,000 Est. Cost $0.56 Unrealized —

LOMA LOMA NEGRA C I A S A MTN 14 6.0%

Value ($000) $40,820 Shares 5,873,428 Est. Cost $4.56 Unrealized —

— UPSTART HLDGS INC 5.8%

Value ($000) $39,377 Shares 68,706,000 Est. Cost $0.53 Unrealized —

— VMWARE INC 4.6%

Value ($000) $30,792 Shares 246,631 Est. Cost $124.85 Unrealized —

DOLE DOLE PLC 4.4%

Value ($000) $29,842 Shares 2,541,925 Est. Cost $13.85 Unrealized -24.1%

— SPIRIT AEROSYSTEMS HLDGS INC 4.4%

Value ($000) $29,837 Shares 864,079 Est. Cost $44.84 Unrealized —

— VROOM INC 3.3%

Value ($000) $22,136 Shares 58,930,000 Est. Cost $0.31 Unrealized —

MSC STUDIO CITY INTL HLDGS LTD 3.2%

Value ($000) $21,786 Shares 3,272,898 Est. Cost $11.27 Unrealized —

OPTU ALTICE USA INC 3.1%

Value ($000) $20,829 Shares 6,090,492 Est. Cost $14.51 Unrealized -70.7%

C CITIGROUP INC 3.0%

Value ($000) $20,186 Shares 430,500 Est. Cost $42.03 Unrealized +5.4%

CCL CARNIVAL CORP 3.0%

Value ($000) $20,039 Shares 1,974,260 Est. Cost $21.03 Unrealized -50.8%

MERC MERCER INTL INC 2.7%

Value ($000) $18,584 Shares 1,901,159 Est. Cost $8.14 Unrealized +24.6%

— EQUITRANS MIDSTREAM CORP 2.7%

Value ($000) $18,096 Shares 3,130,760 Est. Cost $8.97 Unrealized —

TEO TELECOM ARGENTINA SA 2.6%

Value ($000) $17,891 Shares 3,585,329 Est. Cost $12.89 Unrealized —

ADNT ADIENT PLC 2.6%

Value ($000) $17,379 Shares 424,280 Est. Cost $24.46 Unrealized +70.7%

— NCL CORP LTD 2.2%

Value ($000) $14,675 Shares 20,525,000 Est. Cost $0.69 Unrealized —

VNO VORNADO RLTY TR 2.1%

Value ($000) $14,323 Shares 931,901 Est. Cost $36.54 Unrealized —

ACT ENACT HLDGS INC 1.7%

Value ($000) $11,450 Shares 500,896 Est. Cost $17.14 Unrealized +26.7%

MTG MGIC INVT CORP WIS 1.6%

Value ($000) $11,014 Shares 820,705 Est. Cost $8.52 Unrealized +58.1%

APEI AMERICAN PUB ED INC 1.5%

Value ($000) $10,039 Shares 1,852,192 Est. Cost $27.89 Unrealized -62.4%

— REDFIN CORP 0.9%

Value ($000) $6,413 Shares 9,000,000 Est. Cost $0.69 Unrealized —

— NCL CORP LTD 0.7%

Value ($000) $4,805 Shares 4,000,000 Est. Cost $2.32 Unrealized —

GASS STEALTHGAS INC 0.7%

Value ($000) $4,542 Shares 1,740,278 Est. Cost $10.36 Unrealized -73.3%

— SABRE GLBL INC 0.7%

Value ($000) $4,468 Shares 5,000,000 Est. Cost $1.82 Unrealized —

CBL CBL & ASSOC PPTYS INC 0.4%

Value ($000) $2,973 Shares 115,946 Est. Cost $31.73 Unrealized —

ALLY ALLY FINL INC 0.4%

Value ($000) $2,549 Shares 100,000 Est. Cost $24.21 Unrealized +6.3%

AMWD AMERICAN WOODMARK CORPORATIO 0.2%

Value ($000) $1,562 Shares 30,000 Est. Cost $48.31 Unrealized +12.0%

EXE CHESAPEAKE ENERGY CORP 0.2%

Value ($000) $1,431 Shares 18,824 Est. Cost $45.03 Unrealized +65.5%

— ROYAL CARIBBEAN GROUP 0.1%

Value ($000) $658 Shares 640,000 Est. Cost $1.40 Unrealized —

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.1%

Value ($000) $385 Shares 321,006 Est. Cost $5.11 Unrealized -71.1%

— VROOM INC 0.0%

Value ($000) $270 Shares 300,000 Est. Cost $10.79 Unrealized —

— CURO GROUP HOLDINGS CORP 0.0%

Value ($000) $213 Shares 123,172 Est. Cost $9.49 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AER	AERCAP HOLDINGS NV	2,142,023	$120,446	17.8%	$52.12	+13.0%	SHS	N00985106
—	IQIYI INC	71,233,000	$64,886	9.6%	$0.93	—	NOTE 4.000%12/1	46267XAE8
—	COINBASE GLOBAL INC	80,362,000	$51,432	7.6%	$0.56	—	NOTE 0.500% 6/0	19260QAB3
LOMA	LOMA NEGRA C I A S A MTN 14	5,873,428	$40,820	6.0%	$4.56	—	SPONSORED ADS	54150E104
—	UPSTART HLDGS INC	68,706,000	$39,377	5.8%	$0.53	—	NOTE 0.250% 8/1	91680MAB3
—	VMWARE INC	246,631	$30,792	4.6%	$124.85	—	CL A COM	928563402
DOLE	DOLE PLC	2,541,925	$29,842	4.4%	$13.85	-24.1%	ORD SHS	G27907107
—	SPIRIT AEROSYSTEMS HLDGS INC	864,079	$29,837	4.4%	$44.84	—	COM CL A	848574109
—	VROOM INC	58,930,000	$22,136	3.3%	$0.31	—	NOTE 0.750% 7/0	92918VAB5
MSC	STUDIO CITY INTL HLDGS LTD	3,272,898	$21,786	3.2%	$11.27	—	SPON ADS	86389T106
OPTU	ALTICE USA INC	6,090,492	$20,829	3.1%	$14.51	-70.7%	CL A	02156K103
C	CITIGROUP INC	430,500	$20,186	3.0%	$42.03	+5.4%	COM NEW	172967424
CCL	CARNIVAL CORP	1,974,260	$20,039	3.0%	$21.03	-50.8%	COMMON STOCK	143658300
MERC	MERCER INTL INC	1,901,159	$18,584	2.7%	$8.14	+24.6%	COM	588056101
—	EQUITRANS MIDSTREAM CORP	3,130,760	$18,096	2.7%	$8.97	—	COM	294600101
TEO	TELECOM ARGENTINA SA	3,585,329	$17,891	2.6%	$12.89	—	SPON ADR REP B	879273209
ADNT	ADIENT PLC	424,280	$17,379	2.6%	$24.46	+70.7%	ORD SHS	G0084W101
—	NCL CORP LTD	20,525,000	$14,675	2.2%	$0.69	—	NOTE 1.125% 2/1	62886HBD2
VNO	VORNADO RLTY TR	931,901	$14,323	2.1%	$36.54	—	SH BEN INT	929042109
ACT	ENACT HLDGS INC	500,896	$11,450	1.7%	$17.14	+26.7%	COM	29249E109
MTG	MGIC INVT CORP WIS	820,705	$11,014	1.6%	$8.52	+58.1%	COM	552848103
APEI	AMERICAN PUB ED INC	1,852,192	$10,039	1.5%	$27.89	-62.4%	COM	02913V103
—	REDFIN CORP	9,000,000	$6,413	0.9%	$0.69	—	NOTE 10/1	75737FAC2
—	NCL CORP LTD	4,000,000	$4,805	0.7%	$2.32	—	NOTE 6.000% 5/1	62886HAT8
GASS	STEALTHGAS INC	1,740,278	$4,542	0.7%	$10.36	-73.3%	SHS	Y81669106
—	SABRE GLBL INC	5,000,000	$4,468	0.7%	$1.82	—	NOTE 4.000% 4/1	78573NAE2
CBL	CBL & ASSOC PPTYS INC	115,946	$2,973	0.4%	$31.73	—	COMMON STOCK	124830878
ALLY	ALLY FINL INC	100,000	$2,549	0.4%	$24.21	+6.3%	COM	02005N100
AMWD	AMERICAN WOODMARK CORPORATIO	30,000	$1,562	0.2%	$48.31	+12.0%	COM	030506109
EXE	CHESAPEAKE ENERGY CORP	18,824	$1,431	0.2%	$45.03	+65.5%	COM	165167735
—	ROYAL CARIBBEAN GROUP	640,000	$658	0.1%	$1.40	—	NOTE 4.250% 6/1	780153BB7
CCO	CLEAR CHANNEL OUTDOOR HLDGS	321,006	$385	0.1%	$5.11	-71.1%	COM	18453H106
—	VROOM INC	300,000	$270	0.0%	$10.79	—	COM	92918V109
—	CURO GROUP HOLDINGS CORP	123,172	$213	0.0%	$9.49	—	COM	23131L107