Glendon Capital Management LP Long-Term Concentrated

Location: Santa Monica, CA

CIK: 0001604350 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 11, 2023

Total Value: $1.026B (92.1% shares, 7.9% debt)

Holdings (19)

— FRONTIER COMMUNICATIONS PARE 41.4%

Value $425M Shares 22,798,300 Est. Cost $25.94 Unrealized —

EXE CHESAPEAKE ENERGY CORP 17.3%

Value $178M Shares 2,124,060 Est. Cost $36.02 Unrealized +104.3%

VST VISTRA CORP 9.2%

Value $94.76M Shares 3,609,793 Est. Cost $18.12 Unrealized +30.3%

— AFFIRM HLDGS INC 7.9%

Value $80.92M Shares 109,574,000 Est. Cost $0.56 Unrealized —

ALLY ALLY FINL INC 6.5%

Value $67.13M Shares 2,485,472 Est. Cost $23.19 Unrealized +4.1%

NRG NRG ENERGY INC 3.6%

Value $37.22M Shares 995,453 Est. Cost $33.27 Unrealized -3.5%

CHRD CHORD ENERGY CORPORATION 3.6%

Value $37M Shares 240,550 Est. Cost $102.32 Unrealized +21.7%

ACT ENACT HLDGS INC 3.2%

Value $32.64M Shares 1,298,718 Est. Cost $17.20 Unrealized +30.1%

GASS STEALTHGAS INC 2.5%

Value $25.16M Shares 5,906,056 Est. Cost $4.94 Unrealized -38.7%

— EPR PPTYS 1.4%

Value $14.61M Shares 692,529 Est. Cost $25.58 Unrealized —

VAL VALARIS LIMITED 0.9%

Value $9.67M Shares 153,658 Est. Cost $25.06 Unrealized +140.5%

SVC SERVICE PPTYS TR 0.6%

Value $6.016M Shares 692,346 Est. Cost $9.96 Unrealized —

FPH FIVE POINT HOLDINGS LLC 0.5%

Value $5.223M Shares 1,807,320 Est. Cost $15.19 Unrealized -84.2%

— CONTAINER STORE GROUP INC 0.4%

Value $4.409M Shares 1,404,240 Est. Cost $3.59 Unrealized —

SKIN THE BEAUTY HEALTH COMPANY 0.4%

Value $3.651M Shares 436,154 Est. Cost $11.62 Unrealized -10.6%

ONL ORION OFFICE REIT INC 0.2%

Value $2.377M Shares 359,563 Est. Cost $18.67 Unrealized —

GOCO GOHEALTH INC 0.1%

Value $1.418M Shares 71,961 Est. Cost $8.88 Unrealized +76.9%

— INDEPENDENCE CONTRACT DRILLI 0.1%

Value $1.396M Shares 511,481 Est. Cost $4.13 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value $0 Shares 158 Est. Cost $8.64 Unrealized +231.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	22,798,300	$425M	41.4%	$25.94	—	COM	35909D109
EXE	CHESAPEAKE ENERGY CORP	2,124,060	$178M	17.3%	$36.02	+104.3%	COM	165167735
VST	VISTRA CORP	3,609,793	$94.76M	9.2%	$18.12	+30.3%	COM	92840M102
—	AFFIRM HLDGS INC	109,574,000	$80.92M	7.9%	$0.56	—	NOTE 11/1	00827BAB2
ALLY	ALLY FINL INC	2,485,472	$67.13M	6.5%	$23.19	+4.1%	COM	02005N100
NRG	NRG ENERGY INC	995,453	$37.22M	3.6%	$33.27	-3.5%	COM NEW	629377508
CHRD	CHORD ENERGY CORPORATION	240,550	$37M	3.6%	$102.32	+21.7%	COM NEW	674215207
ACT	ENACT HLDGS INC	1,298,718	$32.64M	3.2%	$17.20	+30.1%	COM	29249E109
GASS	STEALTHGAS INC	5,906,056	$25.16M	2.5%	$4.94	-38.7%	SHS	Y81669106
—	EPR PPTYS	692,529	$14.61M	1.4%	$25.58	—	PFD C CV 5.75%	26884U208
VAL	VALARIS LIMITED	153,658	$9.67M	0.9%	$25.06	+140.5%	CL A	G9460G101
SVC	SERVICE PPTYS TR	692,346	$6.016M	0.6%	$9.96	—	COM SH BEN INT	81761L102
FPH	FIVE POINT HOLDINGS LLC	1,807,320	$5.223M	0.5%	$15.19	-84.2%	COM CL A	33833Q106
—	CONTAINER STORE GROUP INC	1,404,240	$4.409M	0.4%	$3.59	—	COM	210751103
SKIN	THE BEAUTY HEALTH COMPANY	436,154	$3.651M	0.4%	$11.62	-10.6%	COM CL A	88331L108
ONL	ORION OFFICE REIT INC	359,563	$2.377M	0.2%	$18.67	—	COM	68629Y103
GOCO	GOHEALTH INC	71,961	$1.418M	0.1%	$8.88	+76.9%	CL A NEW	38046W204
—	INDEPENDENCE CONTRACT DRILLI	511,481	$1.396M	0.1%	$4.13	—	COM	453415606
INSW	INTERNATIONAL SEAWAYS INC	158	$0	0.0%	$8.64	+231.9%	COM	Y41053102