Glendon Capital Management LP Long-Term Concentrated

Location: Santa Monica, CA

CIK: 0001604350 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 14, 2018

Total Value: $408M (98.4% shares, 1.6% debt)

Holdings (31)

CF CF INDS HLDGS INC 19.6%

Value $79.81M Shares 2,115,373 Est. Cost $25.74 Unrealized +29.8%

ALLY ALLY FINL INC 15.8%

Value $64.37M Shares 2,370,900 Est. Cost $16.93 Unrealized +33.3%

— VEREIT INC 13.7%

Value $55.67M Shares 7,998,759 Est. Cost $7.78 Unrealized —

— C&J ENERGY SVCS INC NEW 7.4%

Value $30.22M Shares 1,170,530 Est. Cost $33.56 Unrealized —

FPH FIVE POINT HOLDINGS LLC 7.2%

Value $29.16M Shares 2,044,964 Est. Cost $15.19 Unrealized -7.4%

— ATLANTICA YIELD PLC 5.7%

Value $23.13M Shares 1,181,293 Est. Cost $18.73 Unrealized —

— ALTABA INC 4.9%

Value $20.17M Shares 272,466 Est. Cost $64.43 Unrealized —

GASS STEALTHGAS INC 3.5%

Value $14.34M Shares 3,574,801 Est. Cost $6.19 Unrealized -30.8%

— CURO GROUP HLDGS CORP 3.0%

Value $12.04M Shares 700,000 Est. Cost $14.08 Unrealized —

PCG PG&E CORP 2.2%

Value $8.786M Shares 200,000 Est. Cost $41.94 Unrealized 0.0%

LXFR LUXFER HLDGS PLC 1.7%

Value $6.841M Shares 534,451 Est. Cost $13.63 Unrealized +4.2%

— OCEAN RIG UDW INC 1.6%

Value $6.479M Shares 256,810 Est. Cost $23.78 Unrealized —

AIG AMERICAN INTL GROUP INC 1.5%

Value $6.316M Shares 116,063 Est. Cost $41.13 Unrealized +16.9%

— CHESAPEAKE ENERGY CORP 1.5%

Value $6.028M Shares 7,000,000 Est. Cost $0.86 Unrealized —

— FTS INTERNATIONAL INC 1.4%

Value $5.517M Shares 300,000 Est. Cost $18.39 Unrealized —

DAL DELTA AIR LINES INC DEL 1.3%

Value $5.46M Shares 99,620 Est. Cost $41.36 Unrealized +22.7%

LUV SOUTHWEST AIRLS CO 1.3%

Value $5.189M Shares 90,595 Est. Cost $43.98 Unrealized +23.6%

— ISTAR FINL INC 1.2%

Value $4.871M Shares 478,933 Est. Cost $13.65 Unrealized —

— BASIC ENERGY SVCS INC NEW 1.1%

Value $4.504M Shares 311,879 Est. Cost $24.90 Unrealized —

BTU PEABODY ENERGY CORP NEW 0.9%

Value $3.696M Shares 101,248 Est. Cost $21.64 Unrealized +60.1%

UAL UNITED CONTL HLDGS INC 0.8%

Value $3.424M Shares 49,284 Est. Cost $56.30 Unrealized +22.7%

— MIDSTATES PETE CO INC 0.8%

Value $3.336M Shares 250,249 Est. Cost $20.74 Unrealized —

— APTIV PLC 0.6%

Value $2.249M Shares 26,468 Est. Cost $84.82 Unrealized —

AAL AMERICAN AIRLS GROUP INC 0.5%

Value $1.849M Shares 35,592 Est. Cost $41.79 Unrealized +25.1%

— CVR PARTNERS LP 0.4%

Value $1.775M Shares 546,279 Est. Cost $3.28 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.3%

Value $1.13M Shares 52,250 Est. Cost $26.47 Unrealized —

— DHT HOLDINGS INC 0.1%

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

— DELPHI TECHNOLOGIES PLC 0.1%

Value $420K Shares 8,822 Est. Cost $47.61 Unrealized —

— WHITING PETE CORP NEW 0.1%

Value $218K Shares 6,456 Est. Cost $26.49 Unrealized —

LEA LEAR CORP 0.0%

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

INSW INTERNATIONAL SEAWAYS INC 0.0%

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

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CF	CF INDS HLDGS INC	2,115,373	$79.81M	19.6%	$25.74	+29.8%	COM	125269100
ALLY	ALLY FINL INC	2,370,900	$64.37M	15.8%	$16.93	+33.3%	COM	02005N100
—	VEREIT INC	7,998,759	$55.67M	13.7%	$7.78	—	COM	92339V100
—	C&J ENERGY SVCS INC NEW	1,170,530	$30.22M	7.4%	$33.56	—	COM	12674R100
FPH	FIVE POINT HOLDINGS LLC	2,044,964	$29.16M	7.2%	$15.19	-7.4%	COM CL A	33833Q106
—	ATLANTICA YIELD PLC	1,181,293	$23.13M	5.7%	$18.73	—	SHS	G0751N103
—	ALTABA INC	272,466	$20.17M	4.9%	$64.43	—	COM	021346101
GASS	STEALTHGAS INC	3,574,801	$14.34M	3.5%	$6.19	-30.8%	SHS	Y81669106
—	CURO GROUP HLDGS CORP	700,000	$12.04M	3.0%	$14.08	—	COM	23131L107
PCG	PG&E CORP	200,000	$8.786M	2.2%	$41.94	0.0%	COM	69331C108
LXFR	LUXFER HLDGS PLC	534,451	$6.841M	1.7%	$13.63	+4.2%	SHS	G5698W116
—	OCEAN RIG UDW INC	256,810	$6.479M	1.6%	$23.78	—	COM CL A	G66964118
AIG	AMERICAN INTL GROUP INC	116,063	$6.316M	1.5%	$41.13	+16.9%	COM NEW	026874784
—	CHESAPEAKE ENERGY CORP	7,000,000	$6.028M	1.5%	$0.86	—	NOTE 5.500% 9/1	165167CY1
—	FTS INTERNATIONAL INC	300,000	$5.517M	1.4%	$18.39	—	COM	30283W104
DAL	DELTA AIR LINES INC DEL	99,620	$5.46M	1.3%	$41.36	+22.7%	COM NEW	247361702
LUV	SOUTHWEST AIRLS CO	90,595	$5.189M	1.3%	$43.98	+23.6%	COM	844741108
—	ISTAR FINL INC	478,933	$4.871M	1.2%	$13.65	—	COM	45031U101
—	BASIC ENERGY SVCS INC NEW	311,879	$4.504M	1.1%	$24.90	—	COM NEW	06985P209
BTU	PEABODY ENERGY CORP NEW	101,248	$3.696M	0.9%	$21.64	+60.1%	COM	704551100
UAL	UNITED CONTL HLDGS INC	49,284	$3.424M	0.8%	$56.30	+22.7%	COM	910047109
—	MIDSTATES PETE CO INC	250,249	$3.336M	0.8%	$20.74	—	COM PAR	59804T407
—	APTIV PLC	26,468	$2.249M	0.6%	$84.82	—	SHS	G6095L109
AAL	AMERICAN AIRLS GROUP INC	35,592	$1.849M	0.5%	$41.79	+25.1%	COM	02376R102
—	CVR PARTNERS LP	546,279	$1.775M	0.4%	$3.28	—	COM	126633106
YPF	YPF SOCIEDAD ANONIMA	52,250	$1.13M	0.3%	$26.47	—	SPON ADR CL D	984245100
—	DHT HOLDINGS INC	600,000	$587K	0.1%	$1.11	—	DEBT 4.500%10/0	23335SAB2
—	DELPHI TECHNOLOGIES PLC	8,822	$420K	0.1%	$47.61	—	SHS	G2709G107
—	WHITING PETE CORP NEW	6,456	$218K	0.1%	$26.49	—	COM	966387409
LEA	LEAR CORP	162	$30,000	0.0%	$160.63	0.0%	COM	521865204
INSW	INTERNATIONAL SEAWAYS INC	158	$3,000	0.0%	$8.64	+26.9%	COM	Y41053102