Varde Management, L.P. Quant / Systematic

CIK: 0001559130 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value ($000): $166,257 (53.4% shares, 46.6% debt)

Holdings (5)

— VNET Group Inc 29.3%

Value ($000) $48,719 Shares 62,063,000 Est. Cost $0.78 Unrealized —

VICI VICI Pptys Inc 25.3%

Value ($000) $42,027 Shares 1,444,240 Est. Cost $25.14 Unrealized +7.5%

OMF OneMain Hlgs Inc 24.9%

Value ($000) $41,480 Shares 1,034,666 Est. Cost $38.39 Unrealized +11.3%

— Nio Inc 17.3%

Value ($000) $28,829 Shares 33,064,000 Est. Cost $0.81 Unrealized —

— Ashford Hospitality Tr Inc 3.1%

Value ($000) $5,202 Shares 2,176,453 Est. Cost $9.60 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	VNET Group Inc	62,063,000	$48,719	29.3%	$0.78	—	NOTE 0.000% 02/01/26	90138VAB3
VICI	VICI Pptys Inc	1,444,240	$42,027	25.3%	$25.14	+7.5%	COM	925652109
OMF	OneMain Hlgs Inc	1,034,666	$41,480	24.9%	$38.39	+11.3%	COM	68268W103
—	Nio Inc	33,064,000	$28,829	17.3%	$0.81	—	NOTE 0.500% 02/01/27	62914VAF3
—	Ashford Hospitality Tr Inc	2,176,453	$5,202	3.1%	$9.60	—	COM SHS	044103869