Glendon Capital Management LP Long-Term Concentrated

CIK: 0001604350 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 11, 2022

Total Value ($000): $1,900,755 (98.2% shares, 1.8% debt)

Holdings (25)

— FRONTIER COMMUNICATIONS PARE 32.9%

Value ($000) $626,044 Shares 21,229,042 Est. Cost $26.45 Unrealized —

CF CF INDS HLDGS INC 19.1%

Value ($000) $363,329 Shares 5,133,222 Est. Cost $35.81 Unrealized +60.2%

EXE CHESAPEAKE ENERGY CORP 10.8%

Value ($000) $205,242 Shares 3,184,006 Est. Cost $36.02 Unrealized +42.4%

O REALTY INCOME CORP 7.0%

Value ($000) $132,934 Shares 1,856,884 Est. Cost $55.37 Unrealized 0.0%

ALLY ALLY FINL INC 6.1%

Value ($000) $116,568 Shares 2,448,389 Est. Cost $22.92 Unrealized +86.0%

VST VISTRA CORP 3.9%

Value ($000) $73,349 Shares 3,221,293 Est. Cost $17.59 Unrealized +5.2%

NRG NRG ENERGY INC 3.2%

Value ($000) $60,477 Shares 1,403,833 Est. Cost $31.35 Unrealized +11.5%

— FTS INTERNATIONAL INC 2.4%

Value ($000) $46,218 Shares 1,760,675 Est. Cost $24.74 Unrealized —

VAL VALARIS LIMITED 2.4%

Value ($000) $45,020 Shares 1,250,559 Est. Cost $25.06 Unrealized +39.0%

— NRG ENERGY INC 1.8%

Value ($000) $34,134 Shares 28,834,000 Est. Cost $1.16 Unrealized —

PCG PG&E CORP 1.7%

Value ($000) $32,839 Shares 2,705,045 Est. Cost $11.56 Unrealized +0.2%

— WHITING PETE CORP NEW 1.5%

Value ($000) $29,306 Shares 453,097 Est. Cost $17.29 Unrealized —

ACT ENACT HLDGS INC 1.4%

Value ($000) $26,845 Shares 1,298,718 Est. Cost $17.20 Unrealized +4.1%

EIX EDISON INTL 1.3%

Value ($000) $24,647 Shares 361,133 Est. Cost $41.72 Unrealized +26.2%

— EPR PPTYS 0.9%

Value ($000) $17,715 Shares 692,529 Est. Cost $25.58 Unrealized —

GASS STEALTHGAS INC 0.7%

Value ($000) $13,712 Shares 6,498,794 Est. Cost $4.94 Unrealized -48.7%

FPH FIVE POINT HOLDINGS LLC 0.6%

Value ($000) $11,820 Shares 1,807,320 Est. Cost $15.19 Unrealized -55.5%

UAN CVR PARTNERS LP 0.6%

Value ($000) $11,041 Shares 133,523 Est. Cost $40.35 Unrealized —

— GOHEALTH INC 0.5%

Value ($000) $8,780 Shares 2,316,729 Est. Cost $5.03 Unrealized —

ONL ORION OFFICE REIT INC 0.5%

Value ($000) $8,601 Shares 460,687 Est. Cost $18.67 Unrealized —

— NEXTIER OILFIELD SOLUTIONS 0.4%

Value ($000) $7,843 Shares 2,209,431 Est. Cost $6.70 Unrealized —

CIVI CIVITAS RESOURCES INC 0.1%

Value ($000) $1,945 Shares 39,713 Est. Cost $37.02 Unrealized 0.0%

— IMPERICAL PETE INC 0.1%

Value ($000) $1,551 Shares 799,447 Est. Cost $1.94 Unrealized —

EXEEL CHESAPEAKE ENERGY CORP 0.0%

Value ($000) $793 Shares 24,496 Est. Cost $29.72 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value ($000) $2 Shares 158 Est. Cost $8.64 Unrealized +30.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	21,229,042	$626,044	32.9%	$26.45	—	COM	35909D109
CF	CF INDS HLDGS INC	5,133,222	$363,329	19.1%	$35.81	+60.2%	COM	125269100
EXE	CHESAPEAKE ENERGY CORP	3,184,006	$205,242	10.8%	$36.02	+42.4%	COM	165167735
O	REALTY INCOME CORP	1,856,884	$132,934	7.0%	$55.37	0.0%	COM	756109104
ALLY	ALLY FINL INC	2,448,389	$116,568	6.1%	$22.92	+86.0%	COM	02005N100
VST	VISTRA CORP	3,221,293	$73,349	3.9%	$17.59	+5.2%	COM	92840M102
NRG	NRG ENERGY INC	1,403,833	$60,477	3.2%	$31.35	+11.5%	COM NEW	629377508
—	FTS INTERNATIONAL INC	1,760,675	$46,218	2.4%	$24.74	—	COM NEW CL A	30283W302
VAL	VALARIS LIMITED	1,250,559	$45,020	2.4%	$25.06	+39.0%	CL A	G9460G101
—	NRG ENERGY INC	28,834,000	$34,134	1.8%	$1.16	—	DBCV 2.75% 6/0	629377CG5
PCG	PG&E CORP	2,705,045	$32,839	1.7%	$11.56	+0.2%	COM	69331C108
—	WHITING PETE CORP NEW	453,097	$29,306	1.5%	$17.29	—	COM NEW	966387508
ACT	ENACT HLDGS INC	1,298,718	$26,845	1.4%	$17.20	+4.1%	COM	29249E109
EIX	EDISON INTL	361,133	$24,647	1.3%	$41.72	+26.2%	COM	281020107
—	EPR PPTYS	692,529	$17,715	0.9%	$25.58	—	PFD C CV 5.75%	26884U208
GASS	STEALTHGAS INC	6,498,794	$13,712	0.7%	$4.94	-48.7%	SHS	Y81669106
FPH	FIVE POINT HOLDINGS LLC	1,807,320	$11,820	0.6%	$15.19	-55.5%	COM CL A	33833Q106
UAN	CVR PARTNERS LP	133,523	$11,041	0.6%	$40.35	—	COM	126633205
—	GOHEALTH INC	2,316,729	$8,780	0.5%	$5.03	—	COM CL A	38046W105
ONL	ORION OFFICE REIT INC	460,687	$8,601	0.5%	$18.67	—	COM	68629Y103
—	NEXTIER OILFIELD SOLUTIONS	2,209,431	$7,843	0.4%	$6.70	—	COM	65290C105
CIVI	CIVITAS RESOURCES INC	39,713	$1,945	0.1%	$37.02	0.0%	COM NEW	17888H103
—	IMPERICAL PETE INC	799,447	$1,551	0.1%	$1.94	—	COMMON SHARES	Y3894J104
EXEEL	CHESAPEAKE ENERGY CORP	24,496	$793	0.0%	$29.72	—	*W EXP 09/02/202	165167180
INSW	INTERNATIONAL SEAWAYS INC	158	$2	0.0%	$8.64	+30.4%	COM	Y41053102