Glendon Capital Management LP Long-Term Concentrated

Location: Santa Monica, CA

CIK: 0001604350 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value: $412M (97.3% shares, 2.7% debt)

Holdings (28)

CF CF INDS HLDGS INC 26.5%

Value $109M Shares 2,008,378 Est. Cost $26.17 Unrealized +53.5%

ALLY ALLY FINL INC 15.2%

Value $62.71M Shares 2,370,900 Est. Cost $16.93 Unrealized +27.4%

— VEREIT INC 14.1%

Value $58.07M Shares 7,998,759 Est. Cost $7.78 Unrealized —

— C&J ENERGY SVCS INC NEW 6.6%

Value $27.29M Shares 1,312,107 Est. Cost $32.25 Unrealized —

— ATLANTICA YIELD PLC 5.9%

Value $24.31M Shares 1,181,293 Est. Cost $18.73 Unrealized —

— CURO GROUP HLDGS CORP 5.6%

Value $22.97M Shares 759,912 Est. Cost $15.11 Unrealized —

FPH FIVE POINT HOLDINGS LLC 4.7%

Value $19.24M Shares 2,044,964 Est. Cost $15.19 Unrealized -27.6%

GASS STEALTHGAS INC 3.4%

Value $14.13M Shares 3,968,146 Est. Cost $5.96 Unrealized -38.4%

PCG PG&E CORP 3.0%

Value $12.43M Shares 270,084 Est. Cost $42.18 Unrealized +4.4%

— CHESAPEAKE ENERGY CORP 2.6%

Value $10.64M Shares 10,800,000 Est. Cost $0.91 Unrealized —

— CVR PARTNERS LP 1.5%

Value $6.27M Shares 1,645,606 Est. Cost $3.43 Unrealized —

AIG AMERICAN INTL GROUP INC 1.5%

Value $6.179M Shares 116,063 Est. Cost $41.13 Unrealized +7.4%

DAL DELTA AIR LINES INC DEL 1.4%

Value $5.708M Shares 98,701 Est. Cost $43.41 Unrealized +18.4%

— ISTAR FINL INC 1.3%

Value $5.35M Shares 478,933 Est. Cost $13.65 Unrealized —

AAL AMERICAN AIRLS GROUP INC 1.0%

Value $4.231M Shares 102,374 Est. Cost $42.73 Unrealized -10.3%

— BASIC ENERGY SVCS INC NEW 0.9%

Value $3.9M Shares 390,379 Est. Cost $21.90 Unrealized —

LUV SOUTHWEST AIRLS CO 0.9%

Value $3.777M Shares 60,478 Est. Cost $44.95 Unrealized +18.4%

BTU PEABODY ENERGY CORP NEW 0.9%

Value $3.608M Shares 101,248 Est. Cost $21.64 Unrealized +73.7%

— FTS INTERNATIONAL INC 0.9%

Value $3.537M Shares 300,000 Est. Cost $18.39 Unrealized —

— MIDSTATES PETE CO INC 0.5%

Value $2.23M Shares 250,249 Est. Cost $20.74 Unrealized —

— APTIV PLC 0.5%

Value $2.221M Shares 26,468 Est. Cost $84.82 Unrealized —

UAL UNITED CONTL HLDGS INC 0.3%

Value $1.43M Shares 16,052 Est. Cost $56.30 Unrealized +46.5%

YPF YPF SOCIEDAD ANONIMA 0.2%

Value $807K Shares 52,250 Est. Cost $26.47 Unrealized —

— DHT HOLDINGS INC 0.2%

Value $626K Shares 600,000 Est. Cost $1.11 Unrealized —

— OI S A 0.1%

Value $562K Shares 205,958 Est. Cost $2.73 Unrealized —

— WHITING PETE CORP NEW 0.1%

Value $342K Shares 6,456 Est. Cost $26.49 Unrealized —

— JONES ENERGY INC 0.0%

Value $180K Shares 29,987 Est. Cost $6.00 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value $3,000 Shares 158 Est. Cost $8.64 Unrealized +49.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CF	CF INDS HLDGS INC	2,008,378	$109M	26.5%	$26.17	+53.5%	COM	125269100
ALLY	ALLY FINL INC	2,370,900	$62.71M	15.2%	$16.93	+27.4%	COM	02005N100
—	VEREIT INC	7,998,759	$58.07M	14.1%	$7.78	—	COM	92339V100
—	C&J ENERGY SVCS INC NEW	1,312,107	$27.29M	6.6%	$32.25	—	COM	12674R100
—	ATLANTICA YIELD PLC	1,181,293	$24.31M	5.9%	$18.73	—	SHS	G0751N103
—	CURO GROUP HLDGS CORP	759,912	$22.97M	5.6%	$15.11	—	COM	23131L107
FPH	FIVE POINT HOLDINGS LLC	2,044,964	$19.24M	4.7%	$15.19	-27.6%	COM CL A	33833Q106
GASS	STEALTHGAS INC	3,968,146	$14.13M	3.4%	$5.96	-38.4%	SHS	Y81669106
PCG	PG&E CORP	270,084	$12.43M	3.0%	$42.18	+4.4%	COM	69331C108
—	CHESAPEAKE ENERGY CORP	10,800,000	$10.64M	2.6%	$0.91	—	NOTE 5.500% 9/1	165167CY1
—	CVR PARTNERS LP	1,645,606	$6.27M	1.5%	$3.43	—	COM	126633106
AIG	AMERICAN INTL GROUP INC	116,063	$6.179M	1.5%	$41.13	+7.4%	COM NEW	026874784
DAL	DELTA AIR LINES INC DEL	98,701	$5.708M	1.4%	$43.41	+18.4%	COM NEW	247361702
—	ISTAR FINL INC	478,933	$5.35M	1.3%	$13.65	—	COM	45031U101
AAL	AMERICAN AIRLS GROUP INC	102,374	$4.231M	1.0%	$42.73	-10.3%	COM	02376R102
—	BASIC ENERGY SVCS INC NEW	390,379	$3.9M	0.9%	$21.90	—	COM NEW	06985P209
LUV	SOUTHWEST AIRLS CO	60,478	$3.777M	0.9%	$44.95	+18.4%	COM	844741108
BTU	PEABODY ENERGY CORP NEW	101,248	$3.608M	0.9%	$21.64	+73.7%	COM	704551100
—	FTS INTERNATIONAL INC	300,000	$3.537M	0.9%	$18.39	—	COM	30283W104
—	MIDSTATES PETE CO INC	250,249	$2.23M	0.5%	$20.74	—	COM PAR	59804T407
—	APTIV PLC	26,468	$2.221M	0.5%	$84.82	—	SHS	G6095L109
UAL	UNITED CONTL HLDGS INC	16,052	$1.43M	0.3%	$56.30	+46.5%	COM	910047109
YPF	YPF SOCIEDAD ANONIMA	52,250	$807K	0.2%	$26.47	—	SPON ADR CL D	984245100
—	DHT HOLDINGS INC	600,000	$626K	0.2%	$1.11	—	DEBT 4.500%10/0	23335SAB2
—	OI S A	205,958	$562K	0.1%	$2.73	—	SPONSORED ADR NE	670851500
—	WHITING PETE CORP NEW	6,456	$342K	0.1%	$26.49	—	COM NEW	966387409
—	JONES ENERGY INC	29,987	$180K	0.0%	$6.00	—	CL A NEW	48019R306
INSW	INTERNATIONAL SEAWAYS INC	158	$3,000	0.0%	$8.64	+49.9%	COM	Y41053102