Glendon Capital Management LP Long-Term Concentrated

CIK: 0001604350 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 13, 2022

Total Value ($000): $1,547,688 (95.5% shares, 4.5% debt)

Holdings (24)

— FRONTIER COMMUNICATIONS PARE 38.5%

Value ($000) $595,128 Shares 21,508,076 Est. Cost $26.46 Unrealized —

EXE CHESAPEAKE ENERGY CORP 16.1%

Value ($000) $248,419 Shares 2,858,342 Est. Cost $36.02 Unrealized +66.8%

O REALTY INCOME CORP 8.3%

Value ($000) $128,682 Shares 1,856,884 Est. Cost $55.37 Unrealized -0.1%

ALLY ALLY FINL INC 7.0%

Value ($000) $108,068 Shares 2,485,472 Est. Cost $23.19 Unrealized +76.4%

VST VISTRA CORP 4.8%

Value ($000) $74,895 Shares 3,221,293 Est. Cost $17.59 Unrealized +17.2%

VAL VALARIS LIMITED 4.2%

Value ($000) $64,992 Shares 1,250,559 Est. Cost $25.06 Unrealized +72.7%

NRG NRG ENERGY INC 3.5%

Value ($000) $53,851 Shares 1,403,833 Est. Cost $31.35 Unrealized +11.7%

— OAK STR HEALTH INC 2.5%

Value ($000) $38,177 Shares 48,000,000 Est. Cost $0.80 Unrealized —

— WHITING PETE CORP NEW 2.2%

Value ($000) $33,958 Shares 416,609 Est. Cost $17.29 Unrealized —

— NRG ENERGY INC 2.1%

Value ($000) $31,970 Shares 28,834,000 Est. Cost $1.16 Unrealized —

CF CF INDS HLDGS INC 1.9%

Value ($000) $29,293 Shares 284,232 Est. Cost $35.81 Unrealized +107.4%

ACT ENACT HLDGS INC 1.9%

Value ($000) $28,896 Shares 1,298,718 Est. Cost $17.20 Unrealized +7.4%

EIX EDISON INTL 1.6%

Value ($000) $25,315 Shares 361,133 Est. Cost $41.72 Unrealized +28.4%

PCG PG&E CORP 1.5%

Value ($000) $23,944 Shares 2,005,366 Est. Cost $11.56 Unrealized +1.1%

— EPR PPTYS 1.2%

Value ($000) $17,888 Shares 692,529 Est. Cost $25.58 Unrealized —

GASS STEALTHGAS INC 0.9%

Value ($000) $14,175 Shares 5,906,056 Est. Cost $4.94 Unrealized -55.5%

FPH FIVE POINT HOLDINGS LLC 0.7%

Value ($000) $11,043 Shares 1,807,320 Est. Cost $15.19 Unrealized -59.7%

— NEXTIER OILFIELD SOLUTIONS 0.4%

Value ($000) $6,538 Shares 707,614 Est. Cost $6.70 Unrealized —

ONL ORION OFFICE REIT INC 0.3%

Value ($000) $5,102 Shares 364,412 Est. Cost $18.67 Unrealized —

CIVI CIVITAS RESOURCES INC 0.2%

Value ($000) $2,371 Shares 39,713 Est. Cost $37.02 Unrealized +3.4%

— INDEPENENCE CONTRACT DRILLI 0.2%

Value ($000) $2,342 Shares 567,000 Est. Cost $4.13 Unrealized —

EXEEL CHESAPEAKE ENERGY CORP 0.1%

Value ($000) $1,364 Shares 24,496 Est. Cost $29.72 Unrealized —

— GOHEALTH INC 0.1%

Value ($000) $1,274 Shares 1,079,424 Est. Cost $5.03 Unrealized —

INSW INTERNATIONAL SEAWAYS INC 0.0%

Value ($000) $3 Shares 158 Est. Cost $8.64 Unrealized +28.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	21,508,076	$595,128	38.5%	$26.46	—	COM	35909D109
EXE	CHESAPEAKE ENERGY CORP	2,858,342	$248,419	16.1%	$36.02	+66.8%	COM	165167735
O	REALTY INCOME CORP	1,856,884	$128,682	8.3%	$55.37	-0.1%	COM	756109104
ALLY	ALLY FINL INC	2,485,472	$108,068	7.0%	$23.19	+76.4%	COM	02005N100
VST	VISTRA CORP	3,221,293	$74,895	4.8%	$17.59	+17.2%	COM	92840M102
VAL	VALARIS LIMITED	1,250,559	$64,992	4.2%	$25.06	+72.7%	CL A	G9460G101
NRG	NRG ENERGY INC	1,403,833	$53,851	3.5%	$31.35	+11.7%	COM NEW	629377508
—	OAK STR HEALTH INC	48,000,000	$38,177	2.5%	$0.80	—	NOTE 3/1	67181AAB3
—	WHITING PETE CORP NEW	416,609	$33,958	2.2%	$17.29	—	COM NEW	966387508
—	NRG ENERGY INC	28,834,000	$31,970	2.1%	$1.16	—	DBCV 2.750% 6/0	629377CG5
CF	CF INDS HLDGS INC	284,232	$29,293	1.9%	$35.81	+107.4%	COM	125269100
ACT	ENACT HLDGS INC	1,298,718	$28,896	1.9%	$17.20	+7.4%	COM	29249E109
EIX	EDISON INTL	361,133	$25,315	1.6%	$41.72	+28.4%	COM	281020107
PCG	PG&E CORP	2,005,366	$23,944	1.5%	$11.56	+1.1%	COM	69331C108
—	EPR PPTYS	692,529	$17,888	1.2%	$25.58	—	PFD C CV 5.75%	26884U208
GASS	STEALTHGAS INC	5,906,056	$14,175	0.9%	$4.94	-55.5%	SHS	Y81669106
FPH	FIVE POINT HOLDINGS LLC	1,807,320	$11,043	0.7%	$15.19	-59.7%	COM CL A	33833Q106
—	NEXTIER OILFIELD SOLUTIONS	707,614	$6,538	0.4%	$6.70	—	COM	65290C105
ONL	ORION OFFICE REIT INC	364,412	$5,102	0.3%	$18.67	—	COM	68629Y103
CIVI	CIVITAS RESOURCES INC	39,713	$2,371	0.2%	$37.02	+3.4%	COM NEW	17888H103
—	INDEPENENCE CONTRACT DRILLI	567,000	$2,342	0.2%	$4.13	—	COM	453415606
EXEEL	CHESAPEAKE ENERGY CORP	24,496	$1,364	0.1%	$29.72	—	*W EXP 02/09/202	165167180
—	GOHEALTH INC	1,079,424	$1,274	0.1%	$5.03	—	COM CL A	38046W105
INSW	INTERNATIONAL SEAWAYS INC	158	$3	0.0%	$8.64	+28.1%	COM	Y41053102