Varde Management, L.P. Quant / Systematic

CIK: 0001559130 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 9, 2022

Total Value ($000): $298,011 (57.8% shares, 42.2% debt)

Holdings (6)

VICI VICI Pptys Inc 33.3%

Value ($000) $99,363 Shares 3,300,000 Est. Cost $23.15 Unrealized 0.0%

— Iqiyi Inc 24.2%

Value ($000) $72,248 Shares 100,000,000 Est. Cost $0.72 Unrealized —

OMF OneMain Hldgs Inc 16.6%

Value ($000) $49,521 Shares 989,624 Est. Cost $30.95 Unrealized +71.0%

— Pinduoduo Inc 10.7%

Value ($000) $31,800 Shares 35,250,000 Est. Cost $0.90 Unrealized —

— Ashford Hospitality Tr Inc 7.8%

Value ($000) $23,367 Shares 2,434,064 Est. Cost $9.60 Unrealized —

— Iqiyi Inc 7.3%

Value ($000) $21,712 Shares 30,000,000 Est. Cost $0.72 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VICI	VICI Pptys Inc	3,300,000	$99,363	33.3%	$23.15	0.0%	COM	925652109
—	Iqiyi Inc	100,000,000	$72,248	24.2%	$0.72	—	NOTE 4.000%12/1	46267XAE8
OMF	OneMain Hldgs Inc	989,624	$49,521	16.6%	$30.95	+71.0%	COM	68268W103
—	Pinduoduo Inc	35,250,000	$31,800	10.7%	$0.90	—	NOTE 12/0	722304AC6
—	Ashford Hospitality Tr Inc	2,434,064	$23,367	7.8%	$9.60	—	COM SHS	044103869
—	Iqiyi Inc	30,000,000	$21,712	7.3%	$0.72	—	NOTE 2.000% 4/0	46267XAD0