BRIGADE CAPITAL MANAGEMENT, LP Hedge Fund

Location: New York, NY

CIK: 0001421306 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value: $458M (87.2% shares, 12.8% debt)

Holdings (22)

LQD ISHARES TR 22.3%

Value $102M Shares 1,000,000 Est. Cost — Unrealized —

HYG ISHARES TR 21.3%

Value $97.31M Shares 1,320,000 Est. Cost — Unrealized —

XHB SPDR SER TR 14.4%

Value $65.85M Shares 860,000 Est. Cost — Unrealized —

XRT SPDR SER TR 8.3%

Value $38.16M Shares 627,000 Est. Cost — Unrealized —

PII POLARIS INC 6.6%

Value $30.15M Shares 289,500 Est. Cost — Unrealized —

— LIBERTY MEDIA CORP DEL 5.8%

Value $26.61M Shares 116,309,000 Est. Cost $0.58 Unrealized —

GFR GREENFIRE RES LTD NEW 5.6%

Value $25.62M Shares 5,176,040 Est. Cost $9.98 Unrealized 0.0%

— WESTERN ASSET MORTGAGE CAPIT 5.4%

Value $24.54M Shares 25,430,000 Est. Cost $1.00 Unrealized —

— PLAYAGS INC 2.6%

Value $11.72M Shares 1,798,047 Est. Cost $6.45 Unrealized —

CCO CLEAR CHANNEL OUTDOOR HLDGS 2.5%

Value $11.64M Shares 7,365,689 Est. Cost $2.25 Unrealized -32.6%

ECVT ECOVYST INC 1.7%

Value $7.803M Shares 793,000 Est. Cost $10.44 Unrealized +2.4%

— LIBERTY MEDIA CORP DEL 0.7%

Value $3.373M Shares 14,664,000 Est. Cost $0.75 Unrealized —

— LIBERTY LATIN AMERICA LTD 0.7%

Value $3.041M Shares 3,250,000 Est. Cost $0.85 Unrealized —

LOGI LOGITECH INTL S A 0.6%

Value $2.964M Shares 43,000 Est. Cost — Unrealized —

VST VISTRA CORP 0.4%

Value $1.964M Shares 59,200 Est. Cost $29.25 Unrealized 0.0%

— PGT INNOVATIONS INC 0.3%

Value $1.276M Shares 46,000 Est. Cost — Unrealized —

— TWO HARBORS INVENTMENT CORPO 0.3%

Value $1.216M Shares 1,325,000 Est. Cost $1.08 Unrealized —

VISN COMMSCOPE HLDG CO INC 0.2%

Value $864K Shares 257,000 Est. Cost $10.36 Unrealized -60.5%

SD SANDRIDGE ENERGY INC 0.2%

Value $765K Shares 48,882 Est. Cost $22.77 Unrealized -29.7%

— QURATE RETAIL INC 0.1%

Value $507K Shares 835,017 Est. Cost $1.42 Unrealized —

IHRT IHEARTMEDIA INC 0.1%

Value $433K Shares 137,000 Est. Cost $13.61 Unrealized -72.3%

— VISTRA CORP 0.0%

Value $4,623 Shares 28,415 Est. Cost $1.22 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LQD	ISHARES TR	1,000,000	$102M	22.3%	—	—	Call	464287242
HYG	ISHARES TR	1,320,000	$97.31M	21.3%	—	—	Put	464288513
XHB	SPDR SER TR	860,000	$65.85M	14.4%	—	—	Put	78464A888
XRT	SPDR SER TR	627,000	$38.16M	8.3%	—	—	Put	78464A714
PII	POLARIS INC	289,500	$30.15M	6.6%	—	—	Put	731068102
—	LIBERTY MEDIA CORP DEL	116,309,000	$26.61M	5.8%	$0.58	—	DEB 3.750% 2/1	530715AL5
GFR	GREENFIRE RES LTD NEW	5,176,040	$25.62M	5.6%	$9.98	0.0%	COM SHS	39525U107
—	WESTERN ASSET MORTGAGE CAPIT	25,430,000	$24.54M	5.4%	$1.00	—	NOTE 6.750% 9/1	95790DAD7
—	PLAYAGS INC	1,798,047	$11.72M	2.6%	$6.45	—	COM	72814N104
CCO	CLEAR CHANNEL OUTDOOR HLDGS	7,365,689	$11.64M	2.5%	$2.25	-32.6%	COM	18453H106
ECVT	ECOVYST INC	793,000	$7.803M	1.7%	$10.44	+2.4%	COM	27923Q109
—	LIBERTY MEDIA CORP DEL	14,664,000	$3.373M	0.7%	$0.75	—	DEB 4.000%11/1	530715AG6
—	LIBERTY LATIN AMERICA LTD	3,250,000	$3.041M	0.7%	$0.85	—	NOTE 2.000% 7/1	53069QAB5
LOGI	LOGITECH INTL S A	43,000	$2.964M	0.6%	—	—	Put	H50430232
VST	VISTRA CORP	59,200	$1.964M	0.4%	$29.25	0.0%	COM	92840M102
—	PGT INNOVATIONS INC	46,000	$1.276M	0.3%	—	—	Call	69336V101
—	TWO HARBORS INVENTMENT CORPO	1,325,000	$1.216M	0.3%	$1.08	—	NOTE 6.250% 1/1	90187BAB7
VISN	COMMSCOPE HLDG CO INC	257,000	$864K	0.2%	$10.36	-60.5%	COM	20337X109
SD	SANDRIDGE ENERGY INC	48,882	$765K	0.2%	$22.77	-29.7%	COM NEW	80007P869
—	QURATE RETAIL INC	835,017	$507K	0.1%	$1.42	—	COM SER A	74915M100
IHRT	IHEARTMEDIA INC	137,000	$433K	0.1%	$13.61	-72.3%	COM CL A	45174J509
—	VISTRA CORP	28,415	$4,623	0.0%	$1.22	—	*W EXP 02/02/202	92840M128