Indaba Capital Management, L.P. Quant / Systematic

Location: San Francisco, CA

CIK: 0001524362 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 16, 2020

Total Value: $315M (83.3% shares, 16.7% debt)

Holdings (15)

— BENEFITFOCUS INC 12.6%

Value $39.57M Shares 50,681,000 Est. Cost $0.80 Unrealized —

DGNR/U DRAGONEER GROWTH OPPORTUN CO 11.7%

Value $36.75M Shares 3,000,000 Est. Cost $12.25 Unrealized —

— CORNERSTONE ONDEMAND INC 10.2%

Value $32.17M Shares 884,746 Est. Cost $32.61 Unrealized —

LAB FLUIDIGM CORP DEL 9.4%

Value $29.45M Shares 3,963,752 Est. Cost $6.48 Unrealized +6.5%

SATS ECHOSTAR CORP 8.8%

Value $27.78M Shares 1,116,264 Est. Cost $30.27 Unrealized -7.9%

— EVERI HLDGS INC 6.8%

Value $21.45M Shares 2,599,578 Est. Cost $6.12 Unrealized —

OBDC OWL ROCK CAPITAL CORPORATION 6.0%

Value $18.76M Shares 1,555,218 Est. Cost $6.76 Unrealized 0.0%

— BENEFITFOCUS INC 5.7%

Value $18.07M Shares 1,613,085 Est. Cost $11.20 Unrealized —

— RETAIL VALUE INC 5.3%

Value $16.61M Shares 1,321,010 Est. Cost $27.41 Unrealized —

— AT HOME GROUP INC 5.2%

Value $16.24M Shares 1,093,000 Est. Cost $14.86 Unrealized —

— MDC PARTNERS INC 4.8%

Value $15.1M Shares 9,377,399 Est. Cost $2.47 Unrealized —

— APOLLO COML REAL EST FIN INC 4.2%

Value $13.08M Shares 14,587,000 Est. Cost $0.83 Unrealized —

GDEN GOLDEN ENTMT INC 4.1%

Value $13.03M Shares 942,099 Est. Cost $20.90 Unrealized -52.4%

CLPR CLIPPER RLTY INC 3.4%

Value $10.54M Shares 1,742,092 Est. Cost $12.64 Unrealized —

— WIDEOPENWEST INC 1.9%

Value $5.973M Shares 1,150,861 Est. Cost $4.76 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	BENEFITFOCUS INC	50,681,000	$39.57M	12.6%	$0.80	—	NOTE 1.250%12/1	08180DAB2
DGNR/U	DRAGONEER GROWTH OPPORTUN CO	3,000,000	$36.75M	11.7%	$12.25	—	UNIT 08/18/2027	G28302126
—	CORNERSTONE ONDEMAND INC	884,746	$32.17M	10.2%	$32.61	—	COM	21925Y103
LAB	FLUIDIGM CORP DEL	3,963,752	$29.45M	9.4%	$6.48	+6.5%	COM	34385P108
SATS	ECHOSTAR CORP	1,116,264	$27.78M	8.8%	$30.27	-7.9%	CL A	278768106
—	EVERI HLDGS INC	2,599,578	$21.45M	6.8%	$6.12	—	COM	30034T103
OBDC	OWL ROCK CAPITAL CORPORATION	1,555,218	$18.76M	6.0%	$6.76	0.0%	COM	69121K104
—	BENEFITFOCUS INC	1,613,085	$18.07M	5.7%	$11.20	—	COM	08180D106
—	RETAIL VALUE INC	1,321,010	$16.61M	5.3%	$27.41	—	COM	76133Q102
—	AT HOME GROUP INC	1,093,000	$16.24M	5.2%	$14.86	—	COM	04650Y100
—	MDC PARTNERS INC	9,377,399	$15.1M	4.8%	$2.47	—	CL A SUB VTG	552697104
—	APOLLO COML REAL EST FIN INC	14,587,000	$13.08M	4.2%	$0.83	—	NOTE 5.375%10/1	03762UAC9
GDEN	GOLDEN ENTMT INC	942,099	$13.03M	4.1%	$20.90	-52.4%	COM	381013101
CLPR	CLIPPER RLTY INC	1,742,092	$10.54M	3.4%	$12.64	—	COM	18885T306
—	WIDEOPENWEST INC	1,150,861	$5.973M	1.9%	$4.76	—	COM	96758W101