Glendon Capital Management LP Long-Term Concentrated

Location: Santa Monica, CA

CIK: 0001604350 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 14, 2019

Total Value: $405M (98.4% shares, 1.6% debt)

Holdings (25)

CF CF INDS HLDGS INC 29.6%

Value $120M Shares 2,931,191 Est. Cost $30.24 Unrealized +18.3%

— VEREIT INC 16.5%

Value $66.95M Shares 7,998,759 Est. Cost $7.78 Unrealized —

ALLY ALLY FINL INC 16.0%

Value $64.71M Shares 2,353,862 Est. Cost $17.20 Unrealized +22.1%

— C&J ENERGY SVCS INC NEW 5.8%

Value $23.31M Shares 1,502,107 Est. Cost $29.88 Unrealized —

— ATLANTICA YIELD PLC 5.7%

Value $22.99M Shares 1,181,293 Est. Cost $18.73 Unrealized —

GASS STEALTHGAS INC 5.5%

Value $22.41M Shares 6,403,167 Est. Cost $4.94 Unrealized -35.1%

FPH FIVE POINT HOLDINGS LLC 3.6%

Value $14.74M Shares 2,044,964 Est. Cost $15.19 Unrealized -50.5%

PCG PG&E CORP 3.1%

Value $12.45M Shares 699,282 Est. Cost $34.07 Unrealized -52.9%

DAN DANA INCORPORATED 2.1%

Value $8.422M Shares 474,732 Est. Cost $12.89 Unrealized +17.5%

— CVR PARTNERS LP 2.0%

Value $8.211M Shares 2,073,502 Est. Cost $3.48 Unrealized —

— CHESAPEAKE ENERGY CORP 1.6%

Value $6.297M Shares 6,800,000 Est. Cost $0.91 Unrealized —

— CURO GROUP HLDGS CORP 1.5%

Value $6.134M Shares 611,586 Est. Cost $15.11 Unrealized —

DAL DELTA AIR LINES INC DEL 1.3%

Value $5.142M Shares 99,550 Est. Cost $43.41 Unrealized +7.8%

LUV SOUTHWEST AIRLS CO 1.2%

Value $5.055M Shares 97,387 Est. Cost $46.28 Unrealized +4.3%

AAL AMERICAN AIRLS GROUP INC 1.1%

Value $4.313M Shares 135,798 Est. Cost $40.63 Unrealized -18.5%

— FTS INTERNATIONAL INC 0.7%

Value $3M Shares 300,000 Est. Cost $18.39 Unrealized —

BTU PEABODY ENERGY CORP NEW 0.7%

Value $2.868M Shares 101,248 Est. Cost $21.64 Unrealized +30.3%

— APTIV PLC 0.5%

Value $2.104M Shares 26,468 Est. Cost $84.82 Unrealized —

— MIDSTATES PETE CO INC 0.4%

Value $1.792M Shares 183,404 Est. Cost $20.74 Unrealized —

— BASIC ENERGY SVCS INC NEW 0.4%

Value $1.483M Shares 390,379 Est. Cost $21.90 Unrealized —

UAL UNITED CONTL HLDGS INC 0.3%

Value $1.281M Shares 16,052 Est. Cost $56.30 Unrealized +49.9%

YPF YPF SOCIEDAD ANONIMA 0.2%

Value $732K Shares 52,250 Est. Cost $26.47 Unrealized —

— OI S A 0.1%

Value $415K Shares 220,670 Est. Cost $2.65 Unrealized —

— WHITING PETE CORP NEW 0.0%

Value $169K Shares 6,456 Est. Cost $26.49 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value $3,000 Shares 158 Est. Cost $8.64 Unrealized +27.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CF	CF INDS HLDGS INC	2,931,191	$120M	29.6%	$30.24	+18.3%	COM	125269100
—	VEREIT INC	7,998,759	$66.95M	16.5%	$7.78	—	COM	92339V100
ALLY	ALLY FINL INC	2,353,862	$64.71M	16.0%	$17.20	+22.1%	COM	02005N100
—	C&J ENERGY SVCS INC NEW	1,502,107	$23.31M	5.8%	$29.88	—	COM	12674R100
—	ATLANTICA YIELD PLC	1,181,293	$22.99M	5.7%	$18.73	—	SHS	G0751N103
GASS	STEALTHGAS INC	6,403,167	$22.41M	5.5%	$4.94	-35.1%	SHS	Y81669106
FPH	FIVE POINT HOLDINGS LLC	2,044,964	$14.74M	3.6%	$15.19	-50.5%	COM CL A	33833Q106
PCG	PG&E CORP	699,282	$12.45M	3.1%	$34.07	-52.9%	COM	69331C108
DAN	DANA INCORPORATED	474,732	$8.422M	2.1%	$12.89	+17.5%	COM	235825205
—	CVR PARTNERS LP	2,073,502	$8.211M	2.0%	$3.48	—	COM	126633106
—	CHESAPEAKE ENERGY CORP	6,800,000	$6.297M	1.6%	$0.91	—	NOTE 5.500% 9/1	165167CY1
—	CURO GROUP HLDGS CORP	611,586	$6.134M	1.5%	$15.11	—	COM	23131L107
DAL	DELTA AIR LINES INC DEL	99,550	$5.142M	1.3%	$43.41	+7.8%	COM NEW	247361702
LUV	SOUTHWEST AIRLS CO	97,387	$5.055M	1.2%	$46.28	+4.3%	COM	844741108
AAL	AMERICAN AIRLS GROUP INC	135,798	$4.313M	1.1%	$40.63	-18.5%	COM	02376R102
—	FTS INTERNATIONAL INC	300,000	$3M	0.7%	$18.39	—	COM	30283W104
BTU	PEABODY ENERGY CORP NEW	101,248	$2.868M	0.7%	$21.64	+30.3%	COM	704551100
—	APTIV PLC	26,468	$2.104M	0.5%	$84.82	—	SHS	G6095L109
—	MIDSTATES PETE CO INC	183,404	$1.792M	0.4%	$20.74	—	COM PAR	59804T407
—	BASIC ENERGY SVCS INC NEW	390,379	$1.483M	0.4%	$21.90	—	COM NEW	06985P209
UAL	UNITED CONTL HLDGS INC	16,052	$1.281M	0.3%	$56.30	+49.9%	COM	910047109
YPF	YPF SOCIEDAD ANONIMA	52,250	$732K	0.2%	$26.47	—	SPON ADR CL D	984245100
—	OI S A	220,670	$415K	0.1%	$2.65	—	SPONSORED ADR NE	670851500
—	WHITING PETE CORP NEW	6,456	$169K	0.0%	$26.49	—	COM NEW	966387409
INSW	INTERNATIONAL SEAWAYS INC	158	$3,000	0.0%	$8.64	+27.5%	COM	Y41053102