Glendon Capital Management LP Long-Term Concentrated

CIK: 0001604350 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $1,020,347 (93.6% shares, 6.4% debt)

Holdings (20)

— FRONTIER COMMUNICATIONS PARE 47.5%

Value ($000) $484,518 Shares 21,278,800 Est. Cost $26.46 Unrealized —

EXE CHESAPEAKE ENERGY CORP 15.8%

Value ($000) $161,433 Shares 2,124,060 Est. Cost $36.02 Unrealized +106.9%

VST VISTRA CORP 8.5%

Value ($000) $86,635 Shares 3,609,793 Est. Cost $18.12 Unrealized +22.7%

— AFFIRM HLDGS INC 6.4%

Value ($000) $65,710 Shares 103,074,000 Est. Cost $0.55 Unrealized —

ALLY ALLY FINL INC 6.2%

Value ($000) $63,355 Shares 2,485,472 Est. Cost $23.19 Unrealized +11.0%

NRG NRG ENERGY INC 3.3%

Value ($000) $34,134 Shares 995,453 Est. Cost $33.27 Unrealized -7.2%

CHRD CHORD ENERGY CORPORATION 3.2%

Value ($000) $32,378 Shares 240,550 Est. Cost $102.32 Unrealized +10.0%

ACT ENACT HLDGS INC 2.9%

Value ($000) $29,689 Shares 1,298,718 Est. Cost $17.20 Unrealized +26.2%

GASS STEALTHGAS INC 1.5%

Value ($000) $15,415 Shares 5,906,056 Est. Cost $4.94 Unrealized -44.0%

— EPR PPTYS 1.2%

Value ($000) $12,327 Shares 692,529 Est. Cost $25.58 Unrealized —

VAL VALARIS LIMITED 1.0%

Value ($000) $9,997 Shares 153,658 Est. Cost $25.06 Unrealized +178.2%

SVC SERVICE PPTYS TR 0.7%

Value ($000) $6,896 Shares 692,346 Est. Cost $9.96 Unrealized —

FPH FIVE POINT HOLDINGS LLC 0.4%

Value ($000) $4,265 Shares 1,807,320 Est. Cost $15.19 Unrealized -84.6%

— OAK STR HEALTH INC 0.4%

Value ($000) $3,868 Shares 100,000 Est. Cost $16.44 Unrealized —

ONL ORION OFFICE REIT INC 0.2%

Value ($000) $2,409 Shares 359,563 Est. Cost $18.67 Unrealized —

SKIN THE BEAUTY HEALTH COMPANY 0.2%

Value ($000) $2,259 Shares 178,868 Est. Cost $13.40 Unrealized -13.7%

— CONTAINER STORE GROUP INC 0.2%

Value ($000) $2,183 Shares 636,403 Est. Cost $4.13 Unrealized —

— INDEPENDENCE CONTRACT DRILLI 0.2%

Value ($000) $1,706 Shares 523,181 Est. Cost $4.13 Unrealized —

GOCO GOHEALTH INC 0.1%

Value ($000) $1,172 Shares 71,961 Est. Cost $8.88 Unrealized +74.0%

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value ($000) $0 Shares 158 Est. Cost $8.64 Unrealized +251.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	21,278,800	$484,518	47.5%	$26.46	—	COM	35909D109
EXE	CHESAPEAKE ENERGY CORP	2,124,060	$161,433	15.8%	$36.02	+106.9%	COM	165167735
VST	VISTRA CORP	3,609,793	$86,635	8.5%	$18.12	+22.7%	COM	92840M102
—	AFFIRM HLDGS INC	103,074,000	$65,710	6.4%	$0.55	—	NOTE	00827BAB2
ALLY	ALLY FINL INC	2,485,472	$63,355	6.2%	$23.19	+11.0%	COM	02005N100
NRG	NRG ENERGY INC	995,453	$34,134	3.3%	$33.27	-7.2%	COM NEW	629377508
CHRD	CHORD ENERGY CORPORATION	240,550	$32,378	3.2%	$102.32	+10.0%	COM NEW	674215207
ACT	ENACT HLDGS INC	1,298,718	$29,689	2.9%	$17.20	+26.2%	COM	29249E109
GASS	STEALTHGAS INC	5,906,056	$15,415	1.5%	$4.94	-44.0%	SHS	Y81669106
—	EPR PPTYS	692,529	$12,327	1.2%	$25.58	—	PFD C CV 5.75%	26884U208
VAL	VALARIS LIMITED	153,658	$9,997	1.0%	$25.06	+178.2%	CL A	G9460G101
SVC	SERVICE PPTYS TR	692,346	$6,896	0.7%	$9.96	—	COM SH BEN INT	81761L102
FPH	FIVE POINT HOLDINGS LLC	1,807,320	$4,265	0.4%	$15.19	-84.6%	COM CL A	33833Q106
—	OAK STR HEALTH INC	100,000	$3,868	0.4%	$16.44	—	COM	67181A107
ONL	ORION OFFICE REIT INC	359,563	$2,409	0.2%	$18.67	—	COM	68629Y103
SKIN	THE BEAUTY HEALTH COMPANY	178,868	$2,259	0.2%	$13.40	-13.7%	COM CL A	88331L108
—	CONTAINER STORE GROUP INC	636,403	$2,183	0.2%	$4.13	—	COM	210751103
—	INDEPENDENCE CONTRACT DRILLI	523,181	$1,706	0.2%	$4.13	—	COM	453415606
GOCO	GOHEALTH INC	71,961	$1,172	0.1%	$8.88	+74.0%	CL A NEW	38046W204
INSW	INTERNATIONAL SEAWAYS INC	158	$0	0.0%	$8.64	+251.5%	COM	Y41053102