Varde Management, L.P. Quant / Systematic

CIK: 0001559130 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 13, 2025

Total Value ($000): $121,700 (97.6% shares, 2.4% debt)

Holdings (6)

LTM Latam Airlines Group SA 80.1%

Value ($000) $97,464 Shares 3,533,858 Est. Cost $26.41 Unrealized —

OMF OneMain Hlgs Inc 12.8%

Value ($000) $15,628 Shares 299,792 Est. Cost $38.39 Unrealized +35.0%

— Chegg Inc 2.4%

Value ($000) $2,930 Shares 3,000,000 Est. Cost $0.98 Unrealized —

VAL Valaris Ltd 2.2%

Value ($000) $2,620 Shares 59,220 Est. Cost $48.14 Unrealized 0.0%

TDW Tidewater Inc 1.3%

Value ($000) $1,553 Shares 28,390 Est. Cost $56.92 Unrealized 0.0%

— Ashford Hospitality Tr Inc 1.2%

Value ($000) $1,505 Shares 2,092,981 Est. Cost $9.60 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LTM	Latam Airlines Group SA	3,533,858	$97,464	80.1%	$26.41	—	SPONSORED ADR	51817R205
OMF	OneMain Hlgs Inc	299,792	$15,628	12.8%	$38.39	+35.0%	COM	68268W103
—	Chegg Inc	3,000,000	$2,930	2.4%	$0.98	—	NOTE	163092AD1
VAL	Valaris Ltd	59,220	$2,620	2.2%	$48.14	0.0%	CL A	G9460G101
TDW	Tidewater Inc	28,390	$1,553	1.3%	$56.92	0.0%	COM	88642R109
—	Ashford Hospitality Tr Inc	2,092,981	$1,505	1.2%	$9.60	—	COM SHS	044103869