Glendon Capital Management LP Long-Term Concentrated

CIK: 0001604350 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value ($000): $1,681,491 (98.0% shares, 2.0% debt)

Holdings (24)

— FRONTIER COMMUNICATIONS PARE 34.6%

Value ($000) $582,400 Shares 20,897,035 Est. Cost $26.40 Unrealized —

CF CF INDS HLDGS INC 16.5%

Value ($000) $276,768 Shares 4,958,222 Est. Cost $35.05 Unrealized +24.8%

EXE CHESAPEAKE ENERGY CORP 11.0%

Value ($000) $184,274 Shares 2,994,945 Est. Cost $35.05 Unrealized +28.5%

— VEREIT INC 7.1%

Value ($000) $119,130 Shares 2,633,880 Est. Cost $38.62 Unrealized —

ALLY ALLY FINL INC 6.8%

Value ($000) $114,780 Shares 2,248,389 Est. Cost $21.17 Unrealized +109.3%

VST VISTRA CORP 3.3%

Value ($000) $55,084 Shares 3,221,293 Est. Cost $17.59 Unrealized -3.8%

NRG NRG ENERGY INC 3.2%

Value ($000) $53,950 Shares 1,321,333 Est. Cost $31.12 Unrealized +20.8%

VAL VALARIS LIMITED 2.6%

Value ($000) $44,237 Shares 1,268,263 Est. Cost $25.06 Unrealized +14.6%

— FTS INTERNATIONAL INC 2.6%

Value ($000) $43,313 Shares 1,760,675 Est. Cost $24.74 Unrealized —

— NRG ENERGY INC 2.0%

Value ($000) $33,782 Shares 28,834,000 Est. Cost $1.16 Unrealized —

— WHITING PETE CORP NEW 1.6%

Value ($000) $26,465 Shares 453,097 Est. Cost $17.29 Unrealized —

ACT ENACT HLDGS INC 1.6%

Value ($000) $26,206 Shares 1,195,000 Est. Cost $17.14 Unrealized 0.0%

PCG PG&E CORP 1.5%

Value ($000) $25,968 Shares 2,705,045 Est. Cost $11.56 Unrealized -19.2%

EIX EDISON INTL 1.2%

Value ($000) $20,032 Shares 361,133 Est. Cost $41.72 Unrealized +12.8%

GASS STEALTHGAS INC 1.0%

Value ($000) $17,417 Shares 6,498,794 Est. Cost $4.94 Unrealized -46.1%

FPH FIVE POINT HOLDINGS LLC 1.0%

Value ($000) $16,012 Shares 2,044,964 Est. Cost $15.19 Unrealized -46.5%

UAN CVR PARTNERS LP 0.9%

Value ($000) $14,360 Shares 206,028 Est. Cost $40.35 Unrealized —

— GOHEALTH INC 0.7%

Value ($000) $11,653 Shares 2,316,729 Est. Cost $5.03 Unrealized —

— NEXTIER OILFIELD SOLUTIONS 0.6%

Value ($000) $10,163 Shares 2,209,431 Est. Cost $6.70 Unrealized —

— ISTAR INC 0.2%

Value ($000) $2,610 Shares 104,068 Est. Cost $19.48 Unrealized —

— EXTRACTION OIL & GAS INC 0.1%

Value ($000) $2,077 Shares 36,800 Est. Cost $35.95 Unrealized —

AMPY AMPLIFY ENERGY CORP NEW 0.0%

Value ($000) $685 Shares 128,750 Est. Cost $4.74 Unrealized -20.7%

EXEEL CHESAPEAKE ENERGY CORP 0.0%

Value ($000) $122 Shares 4,177 Est. Cost $16.80 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 0.0%

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

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	20,897,035	$582,400	34.6%	$26.40	—	COM	35909D109
CF	CF INDS HLDGS INC	4,958,222	$276,768	16.5%	$35.05	+24.8%	COM	125269100
EXE	CHESAPEAKE ENERGY CORP	2,994,945	$184,274	11.0%	$35.05	+28.5%	COM	165167735
—	VEREIT INC	2,633,880	$119,130	7.1%	$38.62	—	COM	92339V308
ALLY	ALLY FINL INC	2,248,389	$114,780	6.8%	$21.17	+109.3%	COM	02005N100
VST	VISTRA CORP	3,221,293	$55,084	3.3%	$17.59	-3.8%	COM	92840M102
NRG	NRG ENERGY INC	1,321,333	$53,950	3.2%	$31.12	+20.8%	COM NEW	629377508
VAL	VALARIS LIMITED	1,268,263	$44,237	2.6%	$25.06	+14.6%	CL A	G9460G101
—	FTS INTERNATIONAL INC	1,760,675	$43,313	2.6%	$24.74	—	COM NEW CL A	30283W302
—	NRG ENERGY INC	28,834,000	$33,782	2.0%	$1.16	—	DBCV 2.75% 6/0	629377CG5
—	WHITING PETE CORP NEW	453,097	$26,465	1.6%	$17.29	—	COM NEW	966387508
ACT	ENACT HLDGS INC	1,195,000	$26,206	1.6%	$17.14	0.0%	COM	29249E109
PCG	PG&E CORP	2,705,045	$25,968	1.5%	$11.56	-19.2%	COM	69331C108
EIX	EDISON INTL	361,133	$20,032	1.2%	$41.72	+12.8%	COM	281020107
GASS	STEALTHGAS INC	6,498,794	$17,417	1.0%	$4.94	-46.1%	SHS	Y81669106
FPH	FIVE POINT HOLDINGS LLC	2,044,964	$16,012	1.0%	$15.19	-46.5%	COM CL A	33833Q106
UAN	CVR PARTNERS LP	206,028	$14,360	0.9%	$40.35	—	COM	126633205
—	GOHEALTH INC	2,316,729	$11,653	0.7%	$5.03	—	COM CL A	38046W105
—	NEXTIER OILFIELD SOLUTIONS	2,209,431	$10,163	0.6%	$6.70	—	COM	65290C105
—	ISTAR INC	104,068	$2,610	0.2%	$19.48	—	COM	45031U101
—	EXTRACTION OIL & GAS INC	36,800	$2,077	0.1%	$35.95	—	COM	30227M303
AMPY	AMPLIFY ENERGY CORP NEW	128,750	$685	0.0%	$4.74	-20.7%	COM	03212B103
EXEEL	CHESAPEAKE ENERGY CORP	4,177	$122	0.0%	$16.80	—	*W EXP 09/02/202	165167180
INSW	INTERNATIONAL SEAWAYS INC	158	$3	0.0%	$8.64	+32.7%	COM	Y41053102