Glendon Capital Management LP Long-Term Concentrated

Location: Santa Monica, CA

CIK: 0001604350 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 13, 2023

Total Value: $1.034B (91.5% shares, 8.5% debt)

Holdings (21)

— FRONTIER COMMUNICATIONS PARE 36.7%

Value $379M Shares 24,215,909 Est. Cost $25.34 Unrealized —

EXE CHESAPEAKE ENERGY CORP 17.7%

Value $183M Shares 2,124,060 Est. Cost $36.02 Unrealized +119.6%

VST VISTRA CORP 9.3%

Value $96.18M Shares 2,898,793 Est. Cost $18.12 Unrealized +61.4%

— AFFIRM HLDGS INC 8.5%

Value $87.47M Shares 117,074,000 Est. Cost $0.57 Unrealized —

ALLY ALLY FINL INC 6.4%

Value $66.31M Shares 2,485,472 Est. Cost $23.19 Unrealized +10.5%

CHRD CHORD ENERGY CORPORATION 3.8%

Value $38.99M Shares 240,550 Est. Cost $102.32 Unrealized +33.7%

NRG NRG ENERGY INC 3.7%

Value $38.34M Shares 995,453 Est. Cost $33.27 Unrealized +8.4%

ACT ENACT HLDGS INC 3.4%

Value $35.36M Shares 1,298,718 Est. Cost $17.20 Unrealized +49.1%

GASS STEALTHGAS INC 2.9%

Value $29.74M Shares 5,906,056 Est. Cost $4.94 Unrealized -1.5%

DBD DIEBOLD NIXDORF INC 2.0%

Value $21.07M Shares 1,112,653 Est. Cost $18.98 Unrealized 0.0%

— EPR PPTYS 1.3%

Value $12.94M Shares 692,529 Est. Cost $25.58 Unrealized —

VAL VALARIS LIMITED 1.1%

Value $11.52M Shares 153,658 Est. Cost $25.06 Unrealized +193.0%

— CONTAINER STORE GROUP INC 0.8%

Value $7.962M Shares 3,538,846 Est. Cost $2.78 Unrealized —

NCMI NATIONAL CINEMEDIA INC 0.7%

Value $7.538M Shares 1,678,903 Est. Cost $3.96 Unrealized 0.0%

FPH FIVE POINT HOLDINGS LLC 0.5%

Value $5.368M Shares 1,807,320 Est. Cost $15.19 Unrealized -79.6%

SVC SERVICE PPTYS TR 0.5%

Value $5.324M Shares 692,346 Est. Cost $9.96 Unrealized —

SKIN THE BEAUTY HEALTH COMPANY 0.4%

Value $3.834M Shares 636,954 Est. Cost $10.17 Unrealized -31.0%

ONL ORION OFFICE REIT INC 0.2%

Value $1.873M Shares 359,563 Est. Cost $18.67 Unrealized —

GOCO GOHEALTH INC 0.1%

Value $1.043M Shares 71,961 Est. Cost $8.88 Unrealized +94.0%

COOK TRAEGER INC 0.1%

Value $983K Shares 360,000 Est. Cost $4.24 Unrealized 0.0%

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value $0 Shares 158 Est. Cost $8.64 Unrealized +279.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	24,215,909	$379M	36.7%	$25.34	—	COM	35909D109
EXE	CHESAPEAKE ENERGY CORP	2,124,060	$183M	17.7%	$36.02	+119.6%	COM	165167735
VST	VISTRA CORP	2,898,793	$96.18M	9.3%	$18.12	+61.4%	COM	92840M102
—	AFFIRM HLDGS INC	117,074,000	$87.47M	8.5%	$0.57	—	NOTE 11/1	00827BAB2
ALLY	ALLY FINL INC	2,485,472	$66.31M	6.4%	$23.19	+10.5%	COM	02005N100
CHRD	CHORD ENERGY CORPORATION	240,550	$38.99M	3.8%	$102.32	+33.7%	COM NEW	674215207
NRG	NRG ENERGY INC	995,453	$38.34M	3.7%	$33.27	+8.4%	COM NEW	629377508
ACT	ENACT HLDGS INC	1,298,718	$35.36M	3.4%	$17.20	+49.1%	COM	29249E109
GASS	STEALTHGAS INC	5,906,056	$29.74M	2.9%	$4.94	-1.5%	SHS	Y81669106
DBD	DIEBOLD NIXDORF INC	1,112,653	$21.07M	2.0%	$18.98	0.0%	COM SHS	253651202
—	EPR PPTYS	692,529	$12.94M	1.3%	$25.58	—	PFD C CV 5.75%	26884U208
VAL	VALARIS LIMITED	153,658	$11.52M	1.1%	$25.06	+193.0%	CL A	G9460G101
—	CONTAINER STORE GROUP INC	3,538,846	$7.962M	0.8%	$2.78	—	COM	210751103
NCMI	NATIONAL CINEMEDIA INC	1,678,903	$7.538M	0.7%	$3.96	0.0%	COM NEW	635309206
FPH	FIVE POINT HOLDINGS LLC	1,807,320	$5.368M	0.5%	$15.19	-79.6%	COM CL A	33833Q106
SVC	SERVICE PPTYS TR	692,346	$5.324M	0.5%	$9.96	—	COM SH BEN INT	81761L102
SKIN	THE BEAUTY HEALTH COMPANY	636,954	$3.834M	0.4%	$10.17	-31.0%	COM CL A	88331L108
ONL	ORION OFFICE REIT INC	359,563	$1.873M	0.2%	$18.67	—	COM	68629Y103
GOCO	GOHEALTH INC	71,961	$1.043M	0.1%	$8.88	+94.0%	CL A NEW	38046W204
COOK	TRAEGER INC	360,000	$983K	0.1%	$4.24	0.0%	COMMON STOCK	89269P103
INSW	INTERNATIONAL SEAWAYS INC	158	$0	0.0%	$8.64	+279.6%	COM	Y41053102