Glendon Capital Management LP Long-Term Concentrated

Location: Santa Monica, CA

CIK: 0001604350 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value: $1.681B (98.0% shares, 2.0% debt)

Holdings (24)

— FRONTIER COMMUNICATIONS PARE 34.6%

Value $582M Shares 20,897,035 Est. Cost $26.40 Unrealized —

CF CF INDS HLDGS INC 16.5%

Value $277M Shares 4,958,222 Est. Cost $35.05 Unrealized +24.8%

EXE CHESAPEAKE ENERGY CORP 11.0%

Value $184M Shares 2,994,945 Est. Cost $35.05 Unrealized +28.5%

— VEREIT INC 7.1%

Value $119M Shares 2,633,880 Est. Cost $38.62 Unrealized —

ALLY ALLY FINL INC 6.8%

Value $115M Shares 2,248,389 Est. Cost $21.17 Unrealized +109.3%

VST VISTRA CORP 3.3%

Value $55.08M Shares 3,221,293 Est. Cost $17.59 Unrealized -3.8%

NRG NRG ENERGY INC 3.2%

Value $53.95M Shares 1,321,333 Est. Cost $31.12 Unrealized +20.8%

VAL VALARIS LIMITED 2.6%

Value $44.24M Shares 1,268,263 Est. Cost $25.06 Unrealized +14.6%

— FTS INTERNATIONAL INC 2.6%

Value $43.31M Shares 1,760,675 Est. Cost $24.74 Unrealized —

— NRG ENERGY INC 2.0%

Value $33.78M Shares 28,834,000 Est. Cost $1.16 Unrealized —

— WHITING PETE CORP NEW 1.6%

Value $26.46M Shares 453,097 Est. Cost $17.29 Unrealized —

ACT ENACT HLDGS INC 1.6%

Value $26.21M Shares 1,195,000 Est. Cost $17.14 Unrealized 0.0%

PCG PG&E CORP 1.5%

Value $25.97M Shares 2,705,045 Est. Cost $11.56 Unrealized -19.2%

EIX EDISON INTL 1.2%

Value $20.03M Shares 361,133 Est. Cost $41.72 Unrealized +12.8%

GASS STEALTHGAS INC 1.0%

Value $17.42M Shares 6,498,794 Est. Cost $4.94 Unrealized -46.1%

FPH FIVE POINT HOLDINGS LLC 1.0%

Value $16.01M Shares 2,044,964 Est. Cost $15.19 Unrealized -46.5%

UAN CVR PARTNERS LP 0.9%

Value $14.36M Shares 206,028 Est. Cost $40.35 Unrealized —

— GOHEALTH INC 0.7%

Value $11.65M Shares 2,316,729 Est. Cost $5.03 Unrealized —

— NEXTIER OILFIELD SOLUTIONS 0.6%

Value $10.16M Shares 2,209,431 Est. Cost $6.70 Unrealized —

— ISTAR INC 0.2%

Value $2.61M Shares 104,068 Est. Cost $19.48 Unrealized —

— EXTRACTION OIL & GAS INC 0.1%

Value $2.077M Shares 36,800 Est. Cost $35.95 Unrealized —

AMPY AMPLIFY ENERGY CORP NEW 0.0%

Value $685K Shares 128,750 Est. Cost $4.74 Unrealized -20.7%

EXEEL CHESAPEAKE ENERGY CORP 0.0%

Value $122K Shares 4,177 Est. Cost $16.80 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value $3,000 Shares 158 Est. Cost $8.64 Unrealized +32.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	20,897,035	$582M	34.6%	$26.40	—	COM	35909D109
CF	CF INDS HLDGS INC	4,958,222	$277M	16.5%	$35.05	+24.8%	COM	125269100
EXE	CHESAPEAKE ENERGY CORP	2,994,945	$184M	11.0%	$35.05	+28.5%	COM	165167735
—	VEREIT INC	2,633,880	$119M	7.1%	$38.62	—	COM	92339V308
ALLY	ALLY FINL INC	2,248,389	$115M	6.8%	$21.17	+109.3%	COM	02005N100
VST	VISTRA CORP	3,221,293	$55.08M	3.3%	$17.59	-3.8%	COM	92840M102
NRG	NRG ENERGY INC	1,321,333	$53.95M	3.2%	$31.12	+20.8%	COM NEW	629377508
VAL	VALARIS LIMITED	1,268,263	$44.24M	2.6%	$25.06	+14.6%	CL A	G9460G101
—	FTS INTERNATIONAL INC	1,760,675	$43.31M	2.6%	$24.74	—	COM NEW CL A	30283W302
—	NRG ENERGY INC	28,834,000	$33.78M	2.0%	$1.16	—	DBCV 2.75% 6/0	629377CG5
—	WHITING PETE CORP NEW	453,097	$26.46M	1.6%	$17.29	—	COM NEW	966387508
ACT	ENACT HLDGS INC	1,195,000	$26.21M	1.6%	$17.14	0.0%	COM	29249E109
PCG	PG&E CORP	2,705,045	$25.97M	1.5%	$11.56	-19.2%	COM	69331C108
EIX	EDISON INTL	361,133	$20.03M	1.2%	$41.72	+12.8%	COM	281020107
GASS	STEALTHGAS INC	6,498,794	$17.42M	1.0%	$4.94	-46.1%	SHS	Y81669106
FPH	FIVE POINT HOLDINGS LLC	2,044,964	$16.01M	1.0%	$15.19	-46.5%	COM CL A	33833Q106
UAN	CVR PARTNERS LP	206,028	$14.36M	0.9%	$40.35	—	COM	126633205
—	GOHEALTH INC	2,316,729	$11.65M	0.7%	$5.03	—	COM CL A	38046W105
—	NEXTIER OILFIELD SOLUTIONS	2,209,431	$10.16M	0.6%	$6.70	—	COM	65290C105
—	ISTAR INC	104,068	$2.61M	0.2%	$19.48	—	COM	45031U101
—	EXTRACTION OIL & GAS INC	36,800	$2.077M	0.1%	$35.95	—	COM	30227M303
AMPY	AMPLIFY ENERGY CORP NEW	128,750	$685K	0.0%	$4.74	-20.7%	COM	03212B103
EXEEL	CHESAPEAKE ENERGY CORP	4,177	$122K	0.0%	$16.80	—	*W EXP 09/02/202	165167180
INSW	INTERNATIONAL SEAWAYS INC	158	$3,000	0.0%	$8.64	+32.7%	COM	Y41053102