Varde Management, L.P. Quant / Systematic

Location: New York, NY

CIK: 0001559130 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 13, 2025

Total Value: $122M (97.6% shares, 2.4% debt)

Holdings (6)

LTM Latam Airlines Group SA 80.1%

Value $97.46M Shares 3,533,858 Est. Cost $26.41 Unrealized —

OMF OneMain Hlgs Inc 12.8%

Value $15.63M Shares 299,792 Est. Cost $38.39 Unrealized +35.0%

— Chegg Inc 2.4%

Value $2.93M Shares 3,000,000 Est. Cost $0.98 Unrealized —

VAL Valaris Ltd 2.2%

Value $2.62M Shares 59,220 Est. Cost $48.14 Unrealized 0.0%

TDW Tidewater Inc 1.3%

Value $1.553M Shares 28,390 Est. Cost $56.92 Unrealized 0.0%

— Ashford Hospitality Tr Inc 1.2%

Value $1.505M Shares 2,092,981 Est. Cost $9.60 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LTM	Latam Airlines Group SA	3,533,858	$97.46M	80.1%	$26.41	—	SPONSORED ADR	51817R205
OMF	OneMain Hlgs Inc	299,792	$15.63M	12.8%	$38.39	+35.0%	COM	68268W103
—	Chegg Inc	3,000,000	$2.93M	2.4%	$0.98	—	NOTE	163092AD1
VAL	Valaris Ltd	59,220	$2.62M	2.2%	$48.14	0.0%	CL A	G9460G101
TDW	Tidewater Inc	28,390	$1.553M	1.3%	$56.92	0.0%	COM	88642R109
—	Ashford Hospitality Tr Inc	2,092,981	$1.505M	1.2%	$9.60	—	COM SHS	044103869