REDWOOD CAPITAL MANAGEMENT, LLC Diversified Active

Location: New York, NY

CIK: 0001316622 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value: $670M (87.4% shares, 12.6% debt)

Holdings (13)

AER AERCAP HOLDINGS NV 24.8%

Value $166M Shares 1,624,863 Est. Cost $52.12 Unrealized +88.6%

SATS ECHOSTAR CORP 24.3%

Value $163M Shares 6,359,984 Est. Cost $16.15 Unrealized +68.4%

— UNITED STATES STL CORP NEW 22.3%

Value $150M Shares 3,540,422 Est. Cost $38.14 Unrealized —

— ECHOSTAR CORP 12.6%

Value $84.09M Shares 74,855,548 Est. Cost $1.05 Unrealized —

APEI AMERICAN PUB ED INC 3.8%

Value $25.16M Shares 1,127,255 Est. Cost $27.89 Unrealized -22.3%

TDS TELEPHONE & DATA SYS INC 3.3%

Value $22.09M Shares 570,213 Est. Cost $36.02 Unrealized 0.0%

OPTU ALTICE USA INC 3.3%

Value $21.78M Shares 8,189,270 Est. Cost $7.28 Unrealized -62.9%

MERC MERCER INTL INC 1.6%

Value $10.53M Shares 1,712,725 Est. Cost $8.14 Unrealized -20.1%

MSC STUDIO CITY INTL HLDGS LTD 1.2%

Value $8.195M Shares 3,239,073 Est. Cost $11.27 Unrealized —

CZR CAESARS ENTERTAINMENT INC NE 1.2%

Value $8M Shares 320,000 Est. Cost $41.48 Unrealized -21.6%

ATRO ASTRONICS CORP 0.8%

Value $5.46M Shares 225,893 Est. Cost $17.63 Unrealized +14.5%

CBL CBL & ASSOC PPTYS INC 0.5%

Value $3.126M Shares 117,613 Est. Cost $31.62 Unrealized —

EHTH EHEALTH INC 0.5%

Value $3.122M Shares 467,395 Est. Cost $5.09 Unrealized +78.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AER	AERCAP HOLDINGS NV	1,624,863	$166M	24.8%	$52.12	+88.6%	SHS	N00985106
SATS	ECHOSTAR CORP	6,359,984	$163M	24.3%	$16.15	+68.4%	CL A	278768106
—	UNITED STATES STL CORP NEW	3,540,422	$150M	22.3%	$38.14	—	COM	912909108
—	ECHOSTAR CORP	74,855,548	$84.09M	12.6%	$1.05	—	NOTE 3.875%11/3	278768AB2
APEI	AMERICAN PUB ED INC	1,127,255	$25.16M	3.8%	$27.89	-22.3%	COM	02913V103
TDS	TELEPHONE & DATA SYS INC	570,213	$22.09M	3.3%	$36.02	0.0%	COM NEW	879433829
OPTU	ALTICE USA INC	8,189,270	$21.78M	3.3%	$7.28	-62.9%	CL A	02156K103
MERC	MERCER INTL INC	1,712,725	$10.53M	1.6%	$8.14	-20.1%	COM	588056101
MSC	STUDIO CITY INTL HLDGS LTD	3,239,073	$8.195M	1.2%	$11.27	—	SPON ADS	86389T106
CZR	CAESARS ENTERTAINMENT INC NE	320,000	$8M	1.2%	$41.48	-21.6%	COM	12769G100
ATRO	ASTRONICS CORP	225,893	$5.46M	0.8%	$17.63	+14.5%	COM	046433108
CBL	CBL & ASSOC PPTYS INC	117,613	$3.126M	0.5%	$31.62	—	COMMON STOCK	124830878
EHTH	EHEALTH INC	467,395	$3.122M	0.5%	$5.09	+78.6%	COM	28238P109