Watershed Asset Management, L.L.C. Hedge Fund

CIK: 0001315926 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 13, 2016

Total Value ($000): $95,753 (95.4% shares, 4.6% debt)

Holdings (5)

SPY SPDR S&P 500 ETF TR 48.3%

Value ($000) $46,242 Shares 225,000 Est. Cost — Unrealized —

IWM ISHARES TR 41.6%

Value ($000) $39,827 Shares 360,000 Est. Cost — Unrealized —

ALLY ALLY FINL INC 4.9%

Value ($000) $4,714 Shares 251,815 Est. Cost $16.14 Unrealized -18.4%

— ASCENT CAP GROUP INC 4.6%

Value ($000) $4,387 Shares 7,210,000 Est. Cost $0.84 Unrealized —

— CUMULUS MEDIA INC 0.6%

Value ($000) $583 Shares 1,255,405 Est. Cost $2.44 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	225,000	$46,242	48.3%	—	—	Put	78462F103
IWM	ISHARES TR	360,000	$39,827	41.6%	—	—	Put	464287655
ALLY	ALLY FINL INC	251,815	$4,714	4.9%	$16.14	-18.4%	COM	02005N100
—	ASCENT CAP GROUP INC	7,210,000	$4,387	4.6%	$0.84	—	NOTE 4.000% 7/1	043632AA6
—	CUMULUS MEDIA INC	1,255,405	$583	0.6%	$2.44	—	CL A	231082108