Glendon Capital Management LP Long-Term Concentrated

CIK: 0001604350 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 14, 2018

Total Value ($000): $407,624 (98.4% shares, 1.6% debt)

Holdings (31)

CF CF INDS HLDGS INC 19.6%

Value ($000) $79,813 Shares 2,115,373 Est. Cost $25.74 Unrealized +29.8%

ALLY ALLY FINL INC 15.8%

Value ($000) $64,370 Shares 2,370,900 Est. Cost $16.93 Unrealized +33.3%

— VEREIT INC 13.7%

Value ($000) $55,671 Shares 7,998,759 Est. Cost $7.78 Unrealized —

— C&J ENERGY SVCS INC NEW 7.4%

Value ($000) $30,223 Shares 1,170,530 Est. Cost $33.56 Unrealized —

FPH FIVE POINT HOLDINGS LLC 7.2%

Value ($000) $29,161 Shares 2,044,964 Est. Cost $15.19 Unrealized -7.4%

— ATLANTICA YIELD PLC 5.7%

Value ($000) $23,130 Shares 1,181,293 Est. Cost $18.73 Unrealized —

— ALTABA INC 4.9%

Value ($000) $20,173 Shares 272,466 Est. Cost $64.43 Unrealized —

GASS STEALTHGAS INC 3.5%

Value ($000) $14,335 Shares 3,574,801 Est. Cost $6.19 Unrealized -30.8%

— CURO GROUP HLDGS CORP 3.0%

Value ($000) $12,040 Shares 700,000 Est. Cost $14.08 Unrealized —

PCG PG&E CORP 2.2%

Value ($000) $8,786 Shares 200,000 Est. Cost $41.94 Unrealized 0.0%

LXFR LUXFER HLDGS PLC 1.7%

Value ($000) $6,841 Shares 534,451 Est. Cost $13.63 Unrealized +4.2%

— OCEAN RIG UDW INC 1.6%

Value ($000) $6,479 Shares 256,810 Est. Cost $23.78 Unrealized —

AIG AMERICAN INTL GROUP INC 1.5%

Value ($000) $6,316 Shares 116,063 Est. Cost $41.13 Unrealized +16.9%

— CHESAPEAKE ENERGY CORP 1.5%

Value ($000) $6,028 Shares 7,000,000 Est. Cost $0.86 Unrealized —

— FTS INTERNATIONAL INC 1.4%

Value ($000) $5,517 Shares 300,000 Est. Cost $18.39 Unrealized —

DAL DELTA AIR LINES INC DEL 1.3%

Value ($000) $5,460 Shares 99,620 Est. Cost $41.36 Unrealized +22.7%

LUV SOUTHWEST AIRLS CO 1.3%

Value ($000) $5,189 Shares 90,595 Est. Cost $43.98 Unrealized +23.6%

— ISTAR FINL INC 1.2%

Value ($000) $4,871 Shares 478,933 Est. Cost $13.65 Unrealized —

— BASIC ENERGY SVCS INC NEW 1.1%

Value ($000) $4,504 Shares 311,879 Est. Cost $24.90 Unrealized —

BTU PEABODY ENERGY CORP NEW 0.9%

Value ($000) $3,696 Shares 101,248 Est. Cost $21.64 Unrealized +60.1%

UAL UNITED CONTL HLDGS INC 0.8%

Value ($000) $3,424 Shares 49,284 Est. Cost $56.30 Unrealized +22.7%

— MIDSTATES PETE CO INC 0.8%

Value ($000) $3,336 Shares 250,249 Est. Cost $20.74 Unrealized —

— APTIV PLC 0.6%

Value ($000) $2,249 Shares 26,468 Est. Cost $84.82 Unrealized —

AAL AMERICAN AIRLS GROUP INC 0.5%

Value ($000) $1,849 Shares 35,592 Est. Cost $41.79 Unrealized +25.1%

— CVR PARTNERS LP 0.4%

Value ($000) $1,775 Shares 546,279 Est. Cost $3.28 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.3%

Value ($000) $1,130 Shares 52,250 Est. Cost $26.47 Unrealized —

— DHT HOLDINGS INC 0.1%

Value ($000) $587 Shares 600,000 Est. Cost $1.11 Unrealized —

— DELPHI TECHNOLOGIES PLC 0.1%

Value ($000) $420 Shares 8,822 Est. Cost $47.61 Unrealized —

— WHITING PETE CORP NEW 0.1%

Value ($000) $218 Shares 6,456 Est. Cost $26.49 Unrealized —

LEA LEAR CORP 0.0%

Value ($000) $30 Shares 162 Est. Cost $160.63 Unrealized 0.0%

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value ($000) $3 Shares 158 Est. Cost $8.64 Unrealized +26.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CF	CF INDS HLDGS INC	2,115,373	$79,813	19.6%	$25.74	+29.8%	COM	125269100
ALLY	ALLY FINL INC	2,370,900	$64,370	15.8%	$16.93	+33.3%	COM	02005N100
—	VEREIT INC	7,998,759	$55,671	13.7%	$7.78	—	COM	92339V100
—	C&J ENERGY SVCS INC NEW	1,170,530	$30,223	7.4%	$33.56	—	COM	12674R100
FPH	FIVE POINT HOLDINGS LLC	2,044,964	$29,161	7.2%	$15.19	-7.4%	COM CL A	33833Q106
—	ATLANTICA YIELD PLC	1,181,293	$23,130	5.7%	$18.73	—	SHS	G0751N103
—	ALTABA INC	272,466	$20,173	4.9%	$64.43	—	COM	021346101
GASS	STEALTHGAS INC	3,574,801	$14,335	3.5%	$6.19	-30.8%	SHS	Y81669106
—	CURO GROUP HLDGS CORP	700,000	$12,040	3.0%	$14.08	—	COM	23131L107
PCG	PG&E CORP	200,000	$8,786	2.2%	$41.94	0.0%	COM	69331C108
LXFR	LUXFER HLDGS PLC	534,451	$6,841	1.7%	$13.63	+4.2%	SHS	G5698W116
—	OCEAN RIG UDW INC	256,810	$6,479	1.6%	$23.78	—	COM CL A	G66964118
AIG	AMERICAN INTL GROUP INC	116,063	$6,316	1.5%	$41.13	+16.9%	COM NEW	026874784
—	CHESAPEAKE ENERGY CORP	7,000,000	$6,028	1.5%	$0.86	—	NOTE 5.500% 9/1	165167CY1
—	FTS INTERNATIONAL INC	300,000	$5,517	1.4%	$18.39	—	COM	30283W104
DAL	DELTA AIR LINES INC DEL	99,620	$5,460	1.3%	$41.36	+22.7%	COM NEW	247361702
LUV	SOUTHWEST AIRLS CO	90,595	$5,189	1.3%	$43.98	+23.6%	COM	844741108
—	ISTAR FINL INC	478,933	$4,871	1.2%	$13.65	—	COM	45031U101
—	BASIC ENERGY SVCS INC NEW	311,879	$4,504	1.1%	$24.90	—	COM NEW	06985P209
BTU	PEABODY ENERGY CORP NEW	101,248	$3,696	0.9%	$21.64	+60.1%	COM	704551100
UAL	UNITED CONTL HLDGS INC	49,284	$3,424	0.8%	$56.30	+22.7%	COM	910047109
—	MIDSTATES PETE CO INC	250,249	$3,336	0.8%	$20.74	—	COM PAR	59804T407
—	APTIV PLC	26,468	$2,249	0.6%	$84.82	—	SHS	G6095L109
AAL	AMERICAN AIRLS GROUP INC	35,592	$1,849	0.5%	$41.79	+25.1%	COM	02376R102
—	CVR PARTNERS LP	546,279	$1,775	0.4%	$3.28	—	COM	126633106
YPF	YPF SOCIEDAD ANONIMA	52,250	$1,130	0.3%	$26.47	—	SPON ADR CL D	984245100
—	DHT HOLDINGS INC	600,000	$587	0.1%	$1.11	—	DEBT 4.500%10/0	23335SAB2
—	DELPHI TECHNOLOGIES PLC	8,822	$420	0.1%	$47.61	—	SHS	G2709G107
—	WHITING PETE CORP NEW	6,456	$218	0.1%	$26.49	—	COM	966387409
LEA	LEAR CORP	162	$30	0.0%	$160.63	0.0%	COM	521865204
INSW	INTERNATIONAL SEAWAYS INC	158	$3	0.0%	$8.64	+26.9%	COM	Y41053102