REDWOOD CAPITAL MANAGEMENT, LLC Diversified Active

Location: New York, NY

CIK: 0001316622 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value: $552M (78.0% shares, 22.0% debt)

Holdings (19)

AER AERCAP HOLDINGS NV 28.8%

Value $159M Shares 2,142,023 Est. Cost $52.12 Unrealized +24.7%

— DISH NETWORK CORPORATION 12.1%

Value $67.09M Shares 108,722,000 Est. Cost $0.63 Unrealized —

— UPSTART HLDGS INC 9.7%

Value $53.72M Shares 72,956,000 Est. Cost $0.61 Unrealized —

LOMA LOMA NEGRA C I A S A MTN 14 7.5%

Value $41.64M Shares 5,873,428 Est. Cost $4.56 Unrealized —

ALLY ALLY FINL INC 6.8%

Value $37.63M Shares 1,077,568 Est. Cost $24.15 Unrealized +7.4%

OPTU ALTICE USA INC 6.1%

Value $33.77M Shares 10,389,270 Est. Cost $7.28 Unrealized -64.0%

TEO TELECOM ARGENTINA SA 4.6%

Value $25.46M Shares 3,560,482 Est. Cost $12.89 Unrealized —

DOLE DOLE PLC 4.4%

Value $24.04M Shares 1,955,748 Est. Cost $13.85 Unrealized -20.0%

MSC STUDIO CITY INTL HLDGS LTD 3.8%

Value $21.18M Shares 3,268,870 Est. Cost $11.27 Unrealized —

CCL CARNIVAL CORP 3.8%

Value $20.84M Shares 1,124,260 Est. Cost $21.03 Unrealized -31.0%

MERC MERCER INTL INC 3.3%

Value $18.02M Shares 1,901,159 Est. Cost $8.14 Unrealized +1.8%

ADNT ADIENT PLC 2.8%

Value $15.43M Shares 424,280 Est. Cost $24.46 Unrealized +40.3%

C CITIGROUP INC 2.8%

Value $15.21M Shares 295,680 Est. Cost $42.03 Unrealized -1.6%

APEI AMERICAN PUB ED INC 2.5%

Value $13.62M Shares 1,411,882 Est. Cost $27.89 Unrealized -77.2%

CBL CBL & ASSOC PPTYS INC 0.5%

Value $2.872M Shares 117,613 Est. Cost $31.62 Unrealized —

EXE CHESAPEAKE ENERGY CORP 0.3%

Value $1.448M Shares 18,824 Est. Cost $45.03 Unrealized +71.1%

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.1%

Value $584K Shares 321,006 Est. Cost $5.11 Unrealized -72.9%

— DISH NETWORK CORPORATION 0.1%

Value $442K Shares 820,000 Est. Cost $0.50 Unrealized —

— CURO GROUP HOLDINGS CORP 0.0%

Value $79,130 Shares 98,912 Est. Cost $9.49 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AER	AERCAP HOLDINGS NV	2,142,023	$159M	28.8%	$52.12	+24.7%	SHS	N00985106
—	DISH NETWORK CORPORATION	108,722,000	$67.09M	12.1%	$0.63	—	NOTE 12/1	25470MAF6
—	UPSTART HLDGS INC	72,956,000	$53.72M	9.7%	$0.61	—	NOTE 0.250% 8/1	91680MAB3
LOMA	LOMA NEGRA C I A S A MTN 14	5,873,428	$41.64M	7.5%	$4.56	—	SPONSORED ADS	54150E104
ALLY	ALLY FINL INC	1,077,568	$37.63M	6.8%	$24.15	+7.4%	COM	02005N100
OPTU	ALTICE USA INC	10,389,270	$33.77M	6.1%	$7.28	-64.0%	CL A	02156K103
TEO	TELECOM ARGENTINA SA	3,560,482	$25.46M	4.6%	$12.89	—	SPON ADR REP B	879273209
DOLE	DOLE PLC	1,955,748	$24.04M	4.4%	$13.85	-20.0%	ORD SHS	G27907107
MSC	STUDIO CITY INTL HLDGS LTD	3,268,870	$21.18M	3.8%	$11.27	—	SPON ADS	86389T106
CCL	CARNIVAL CORP	1,124,260	$20.84M	3.8%	$21.03	-31.0%	UNIT 99/99/9999	143658300
MERC	MERCER INTL INC	1,901,159	$18.02M	3.3%	$8.14	+1.8%	COM	588056101
ADNT	ADIENT PLC	424,280	$15.43M	2.8%	$24.46	+40.3%	ORD SHS	G0084W101
C	CITIGROUP INC	295,680	$15.21M	2.8%	$42.03	-1.6%	COM NEW	172967424
APEI	AMERICAN PUB ED INC	1,411,882	$13.62M	2.5%	$27.89	-77.2%	COM	02913V103
CBL	CBL & ASSOC PPTYS INC	117,613	$2.872M	0.5%	$31.62	—	COMMON STOCK	124830878
EXE	CHESAPEAKE ENERGY CORP	18,824	$1.448M	0.3%	$45.03	+71.1%	COM	165167735
CCO	CLEAR CHANNEL OUTDOOR HLDGS	321,006	$584K	0.1%	$5.11	-72.9%	COM	18453H106
—	DISH NETWORK CORPORATION	820,000	$442K	0.1%	$0.50	—	NOTE 3.375% 8/1	25470MAB5
—	CURO GROUP HOLDINGS CORP	98,912	$79,130	0.0%	$9.49	—	COM	23131L107