Glendon Capital Management LP Long-Term Concentrated

CIK: 0001604350 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 21, 2021

Total Value ($000): $954,545 (97.3% shares, 2.7% debt)

Holdings (24)

EXE CHESAPEAKE ENERGY CORP 17.7%

Value ($000) $169,427 Shares 3,904,752 Est. Cost $35.05 Unrealized 0.0%

CF CF INDS HLDGS INC 17.0%

Value ($000) $161,983 Shares 3,569,477 Est. Cost $31.24 Unrealized +30.2%

— VEREIT INC 16.5%

Value ($000) $157,449 Shares 4,076,876 Est. Cost $38.62 Unrealized —

ALLY ALLY FINL INC 13.8%

Value ($000) $131,991 Shares 2,919,506 Est. Cost $19.16 Unrealized +85.6%

VST VISTRA ENERGY CORP 6.2%

Value ($000) $59,604 Shares 3,371,293 Est. Cost $17.59 Unrealized +1.8%

— FTS INTERNATIONAL INC 4.6%

Value ($000) $43,559 Shares 1,760,675 Est. Cost $24.74 Unrealized —

NRG NRG ENERGY INC 4.3%

Value ($000) $41,181 Shares 1,091,477 Est. Cost $30.99 Unrealized +11.5%

PCG PG&E CORP 3.3%

Value ($000) $31,676 Shares 2,705,045 Est. Cost $11.56 Unrealized -0.7%

— NRG ENERGY INC 2.7%

Value ($000) $26,173 Shares 22,573,000 Est. Cost $1.16 Unrealized —

— WHITING PETE CORP NEW 2.6%

Value ($000) $24,992 Shares 704,995 Est. Cost $17.29 Unrealized —

EIX EDISON INTL 2.2%

Value ($000) $21,162 Shares 361,133 Est. Cost $41.72 Unrealized +12.9%

GASS STEALTHGAS INC 1.9%

Value ($000) $18,457 Shares 6,498,794 Est. Cost $4.94 Unrealized -42.1%

FPH FIVE POINT HOLDINGS LLC 1.6%

Value ($000) $15,460 Shares 2,044,964 Est. Cost $15.19 Unrealized -56.0%

BHC BAUSCH HEALTH COS INC 1.3%

Value ($000) $12,719 Shares 400,709 Est. Cost $23.77 Unrealized +23.4%

— ISTAR INC 1.1%

Value ($000) $10,702 Shares 601,900 Est. Cost $17.78 Unrealized —

UAN CVR PARTNERS LP 1.0%

Value ($000) $9,528 Shares 236,131 Est. Cost $40.35 Unrealized —

— NEXTIER OILFIELD SOLUTIONS I 0.9%

Value ($000) $8,219 Shares 2,209,431 Est. Cost $6.70 Unrealized —

EXEEL CHESAPEAKE ENERGY CORP 0.2%

Value ($000) $2,304 Shares 137,142 Est. Cost $16.80 Unrealized —

EXEEZ CHESAPEAKE ENERGY CORP 0.2%

Value ($000) $2,274 Shares 115,214 Est. Cost $19.74 Unrealized —

BUR BURFORD CAP LTD 0.2%

Value ($000) $2,004 Shares 300,939 Est. Cost $8.30 Unrealized 0.0%

EXEEW CHESAPEAKE ENERGY CORP 0.2%

Value ($000) $1,997 Shares 103,692 Est. Cost $19.26 Unrealized —

— EXTRACTION OIL & GAS INC 0.1%

Value ($000) $1,323 Shares 36,800 Est. Cost $35.95 Unrealized —

AMPY AMPLIFY ENERGY CORP NEW 0.0%

Value ($000) $358 Shares 128,750 Est. Cost $4.74 Unrealized -43.9%

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value ($000) $3 Shares 158 Est. Cost $8.64 Unrealized +35.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EXE	CHESAPEAKE ENERGY CORP	3,904,752	$169,427	17.7%	$35.05	0.0%	COM	165167735
CF	CF INDS HLDGS INC	3,569,477	$161,983	17.0%	$31.24	+30.2%	COM	125269100
—	VEREIT INC	4,076,876	$157,449	16.5%	$38.62	—	COM	92339V308
ALLY	ALLY FINL INC	2,919,506	$131,991	13.8%	$19.16	+85.6%	COM	02005N100
VST	VISTRA ENERGY CORP	3,371,293	$59,604	6.2%	$17.59	+1.8%	COM	92840M102
—	FTS INTERNATIONAL INC	1,760,675	$43,559	4.6%	$24.74	—	COM	30283W302
NRG	NRG ENERGY INC	1,091,477	$41,181	4.3%	$30.99	+11.5%	COM NEW	629377508
PCG	PG&E CORP	2,705,045	$31,676	3.3%	$11.56	-0.7%	COM	69331C108
—	NRG ENERGY INC	22,573,000	$26,173	2.7%	$1.16	—	DBCV 2.750% 6/0	629377CG5
—	WHITING PETE CORP NEW	704,995	$24,992	2.6%	$17.29	—	COM NEW	966387508
EIX	EDISON INTL	361,133	$21,162	2.2%	$41.72	+12.9%	COM	281020107
GASS	STEALTHGAS INC	6,498,794	$18,457	1.9%	$4.94	-42.1%	SHS	Y81669106
FPH	FIVE POINT HOLDINGS LLC	2,044,964	$15,460	1.6%	$15.19	-56.0%	COM CL A	33833Q106
BHC	BAUSCH HEALTH COS INC	400,709	$12,719	1.3%	$23.77	+23.4%	COM	071734107
—	ISTAR INC	601,900	$10,702	1.1%	$17.78	—	COM	45031U101
UAN	CVR PARTNERS LP	236,131	$9,528	1.0%	$40.35	—	COM	126633205
—	NEXTIER OILFIELD SOLUTIONS I	2,209,431	$8,219	0.9%	$6.70	—	COM	65290C105
EXEEL	CHESAPEAKE ENERGY CORP	137,142	$2,304	0.2%	$16.80	—	*W EXP 03/01/202	165167180
EXEEZ	CHESAPEAKE ENERGY CORP	115,214	$2,274	0.2%	$19.74	—	*W EXP 99/99/999	165167172
BUR	BURFORD CAP LTD	300,939	$2,004	0.2%	$8.30	0.0%	ORD SHS	G17977110
EXEEW	CHESAPEAKE ENERGY CORP	103,692	$1,997	0.2%	$19.26	—	*W EXP 99/99/999	165167164
—	EXTRACTION OIL & GAS INC	36,800	$1,323	0.1%	$35.95	—	COM	30227M303
AMPY	AMPLIFY ENERGY CORP NEW	128,750	$358	0.0%	$4.74	-43.9%	COM	03212B103
INSW	INTERNATIONAL SEAWAYS INC	158	$3	0.0%	$8.64	+35.7%	COM	Y41053102