STONEHILL CAPITAL MANAGEMENT LLC Diversified Active

CIK: 0001266227 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value ($000): $293,930 (92.0% shares, 8.0% debt)

Holdings (16)

PCG P G & E CORP COMMON 33.5%

Value ($000) $98,609 Shares 9,071,623 Est. Cost $14.55 Unrealized -41.8%

— SPDR S&P 500 ETF TRUST 18.6%

Value ($000) $54,716 Shares 170,000 Est. Cost — Unrealized —

— SANOFI CVR 15.9%

Value ($000) $46,804 Shares 54,410,668 Est. Cost $0.31 Unrealized —

— TRINITY BIOTECH SR UNSEC CONV 8.0%

Value ($000) $23,563 Shares 32,500,000 Est. Cost $0.77 Unrealized —

— LORAL SPACE & COMMUNICATIONS COMMON 5.1%

Value ($000) $14,997 Shares 464,024 Est. Cost $36.98 Unrealized —

BHC BAUSCH HEALTH COMPANIES INC COMMON 4.1%

Value ($000) $11,968 Shares 400,000 Est. Cost $26.00 Unrealized 0.0%

— WILLIAM LYON HOMES CL A COMMON 3.6%

Value ($000) $10,597 Shares 530,372 Est. Cost $18.23 Unrealized —

TMHC TAYLOR MORRISON HOME CORP-A 2.7%

Value ($000) $8,007 Shares 366,300 Est. Cost $24.04 Unrealized 0.0%

— MDC PARTNERS INC CL A COMMON 2.5%

Value ($000) $7,453 Shares 2,680,991 Est. Cost $2.79 Unrealized —

CCO CLEAR CHANNEL OUTDOOR HOLDINGS, INC. COMMON 2.2%

Value ($000) $6,446 Shares 2,253,750 Est. Cost $3.59 Unrealized -29.4%

— TRINITY BIOTECH PLC ADR 1.1%

Value ($000) $3,103 Shares 3,002,572 Est. Cost $3.11 Unrealized —

THC TENET HEALTHCARE CORP COMMON 1.0%

Value ($000) $2,900 Shares 76,256 Est. Cost $21.31 Unrealized +40.6%

— IRSA ADR 1.0%

Value ($000) $2,856 Shares 412,699 Est. Cost $16.26 Unrealized —

— OI SA ADR 0.4%

Value ($000) $1,185 Shares 1,271,857 Est. Cost $2.73 Unrealized —

— AKORN INC COMMON 0.2%

Value ($000) $515 Shares 343,468 Est. Cost $3.80 Unrealized —

— IRSA PROPIEDADES COMERCIALES S.A. ADR 0.1%

Value ($000) $211 Shares 12,614 Est. Cost $16.73 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PCG	P G & E CORP COMMON	9,071,623	$98,609	33.5%	$14.55	-41.8%	CMN	69331C108
—	SPDR S&P 500 ETF TRUST	170,000	$54,716	18.6%	—	—	Put	78462F953
—	SANOFI CVR	54,410,668	$46,804	15.9%	$0.31	—	CMN	80105N113
—	TRINITY BIOTECH SR UNSEC CONV	32,500,000	$23,563	8.0%	$0.77	—	NOTE	89643QAB4
—	LORAL SPACE & COMMUNICATIONS COMMON	464,024	$14,997	5.1%	$36.98	—	CMN	543881106
BHC	BAUSCH HEALTH COMPANIES INC COMMON	400,000	$11,968	4.1%	$26.00	0.0%	CMN	071734107
—	WILLIAM LYON HOMES CL A COMMON	530,372	$10,597	3.6%	$18.23	—	CMN	552074700
TMHC	TAYLOR MORRISON HOME CORP-A	366,300	$8,007	2.7%	$24.04	0.0%	CMN	87724P106
—	MDC PARTNERS INC CL A COMMON	2,680,991	$7,453	2.5%	$2.79	—	CMN	552697104
CCO	CLEAR CHANNEL OUTDOOR HOLDINGS, INC. COMMON	2,253,750	$6,446	2.2%	$3.59	-29.4%	CMN	18453H106
—	TRINITY BIOTECH PLC ADR	3,002,572	$3,103	1.1%	$3.11	—	CMN	896438306
THC	TENET HEALTHCARE CORP COMMON	76,256	$2,900	1.0%	$21.31	+40.6%	CMN	88033G407
—	IRSA ADR	412,699	$2,856	1.0%	$16.26	—	CMN	450047204
—	OI SA ADR	1,271,857	$1,185	0.4%	$2.73	—	CMN	670851500
—	AKORN INC COMMON	343,468	$515	0.2%	$3.80	—	CMN	009728106
—	IRSA PROPIEDADES COMERCIALES S.A. ADR	12,614	$211	0.1%	$16.73	—	CMN	463588103