BRIGADE CAPITAL MANAGEMENT, LP Hedge Fund

CIK: 0001421306 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $919,257 (93.2% shares, 6.8% debt)

Holdings (24)

TLT ISHARES TR 34.7%

Value ($000) $319,110 Shares 3,000,000 Est. Cost — Unrealized —

LQD ISHARES TR 29.8%

Value ($000) $274,025 Shares 2,500,000 Est. Cost — Unrealized —

IWM ISHARES TR 17.5%

Value ($000) $160,560 Shares 900,000 Est. Cost — Unrealized —

IWM ISHARES TR 4.5%

Value ($000) $41,032 Shares 230,000 Est. Cost — Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 2.7%

Value ($000) $24,655 Shares 28,520,000 Est. Cost $1.00 Unrealized —

— LIBERTY LATIN AMERICA LTD 1.7%

Value ($000) $16,060 Shares 17,290,000 Est. Cost $0.85 Unrealized —

— LIBERTY MEDIA CORP DEL 1.7%

Value ($000) $15,737 Shares 112,409,000 Est. Cost $0.65 Unrealized —

VAL VALARIS LIMITED 1.5%

Value ($000) $13,914 Shares 214,000 Est. Cost $25.06 Unrealized +178.2%

CCO CLEAR CHANNEL OUTDOOR HLDGS 1.3%

Value ($000) $11,914 Shares 9,928,290 Est. Cost $2.25 Unrealized -34.5%

VISN COMMSCOPE HLDG CO INC 1.1%

Value ($000) $9,940 Shares 1,560,483 Est. Cost $10.36 Unrealized -26.9%

— PLAYAGS INC 0.8%

Value ($000) $7,222 Shares 1,010,000 Est. Cost $7.15 Unrealized —

ECVT ECOVYST INC 0.8%

Value ($000) $7,183 Shares 650,000 Est. Cost $10.34 Unrealized 0.0%

— TWO HARBORS INVENTMENT CORPO 0.4%

Value ($000) $3,906 Shares 4,555,000 Est. Cost $1.08 Unrealized —

— QURATE RETAIL INC 0.3%

Value ($000) $2,844 Shares 2,917,578 Est. Cost $1.42 Unrealized —

BRSL INTERNATIONAL GAME TECHNOLOG 0.3%

Value ($000) $2,814 Shares 105,000 Est. Cost $17.43 Unrealized +8.8%

— LIBERTY MEDIA CORP DEL 0.2%

Value ($000) $2,195 Shares 15,135,000 Est. Cost $0.75 Unrealized —

IHRT IHEARTMEDIA INC 0.2%

Value ($000) $1,431 Shares 368,767 Est. Cost $13.61 Unrealized -53.1%

MLCO MELCO RESORTS AND ENTMNT LTD 0.1%

Value ($000) $1,298 Shares 102,000 Est. Cost $12.73 Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value ($000) $1,284 Shares 4,000 Est. Cost — Unrealized —

LUXE MYT NETHERLANDS PARENT B V 0.1%

Value ($000) $915 Shares 130,000 Est. Cost $12.23 Unrealized —

SD SANDRIDGE ENERGY INC 0.1%

Value ($000) $704 Shares 48,882 Est. Cost $22.77 Unrealized -32.9%

LUCK BOWLERO CORP 0.0%

Value ($000) $424 Shares 25,000 Est. Cost $9.39 Unrealized +50.1%

VAL/WS VALARIS LIMITED 0.0%

Value ($000) $87 Shares 7,918 Est. Cost $11.96 Unrealized —

— VISTRA CORP 0.0%

Value ($000) $3 Shares 28,415 Est. Cost $1.22 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TLT	ISHARES TR	3,000,000	$319,110	34.7%	—	—	Put	464287432
LQD	ISHARES TR	2,500,000	$274,025	29.8%	—	—	Put	464287242
IWM	ISHARES TR	900,000	$160,560	17.5%	—	—	Call	464287655
IWM	ISHARES TR	230,000	$41,032	4.5%	—	—	Put	464287655
—	WESTERN ASSET MORTGAGE CAPIT	28,520,000	$24,655	2.7%	$1.00	—	NOTE 6.750% 9/1	95790DAD7
—	LIBERTY LATIN AMERICA LTD	17,290,000	$16,060	1.7%	$0.85	—	NOTE 2.000% 7/1	53069QAB5
—	LIBERTY MEDIA CORP DEL	112,409,000	$15,737	1.7%	$0.65	—	DEB 3.750% 2/1	530715AL5
VAL	VALARIS LIMITED	214,000	$13,914	1.5%	$25.06	+178.2%	CL A	G9460G101
CCO	CLEAR CHANNEL OUTDOOR HLDGS	9,928,290	$11,914	1.3%	$2.25	-34.5%	COM	18453H106
VISN	COMMSCOPE HLDG CO INC	1,560,483	$9,940	1.1%	$10.36	-26.9%	COM	20337X109
—	PLAYAGS INC	1,010,000	$7,222	0.8%	$7.15	—	COM	72814N104
ECVT	ECOVYST INC	650,000	$7,183	0.8%	$10.34	0.0%	COM	27923Q109
—	TWO HARBORS INVENTMENT CORPO	4,555,000	$3,906	0.4%	$1.08	—	NOTE 6.250% 1/1	90187BAB7
—	QURATE RETAIL INC	2,917,578	$2,844	0.3%	$1.42	—	COM SER A	74915M100
BRSL	INTERNATIONAL GAME TECHNOLOG	105,000	$2,814	0.3%	$17.43	+8.8%	SHS USD	G4863A108
—	LIBERTY MEDIA CORP DEL	15,135,000	$2,195	0.2%	$0.75	—	DEB 4.000%11/1	530715AG6
IHRT	IHEARTMEDIA INC	368,767	$1,431	0.2%	$13.61	-53.1%	COM CL A	45174J509
MLCO	MELCO RESORTS AND ENTMNT LTD	102,000	$1,298	0.1%	$12.73	—	ADR	585464100
QQQ	INVESCO QQQ TR	4,000	$1,284	0.1%	—	—	Put	46090E103
LUXE	MYT NETHERLANDS PARENT B V	130,000	$915	0.1%	$12.23	—	ADS	55406W103
SD	SANDRIDGE ENERGY INC	48,882	$704	0.1%	$22.77	-32.9%	COM NEW	80007P869
LUCK	BOWLERO CORP	25,000	$424	0.0%	$9.39	+50.1%	CL A COM	10258P102
VAL/WS	VALARIS LIMITED	7,918	$87	0.0%	$11.96	—	*W EXP 04/29/202	G9460G119
—	VISTRA CORP	28,415	$3	0.0%	$1.22	—	*W EXP 02/02/202	92840M128