Glendon Capital Management LP Long-Term Concentrated

CIK: 0001604350 · Show all filings

Period: Q2 2022 (← Previous) (Next →)

Filing Date: Aug 12, 2022

Total Value ($000): $1,218,365 (93.7% shares, 6.3% debt)

Holdings (25)

— FRONTIER COMMUNICATIONS PARE 41.1%

Value ($000) $500,903 Shares 21,278,800 Est. Cost $26.46 Unrealized —

EXE CHESAPEAKE ENERGY CORP 16.9%

Value ($000) $206,231 Shares 2,543,983 Est. Cost $36.02 Unrealized +110.9%

ALLY ALLY FINL INC 6.8%

Value ($000) $83,288 Shares 2,485,472 Est. Cost $23.19 Unrealized +50.2%

VST VISTRA CORP 6.0%

Value ($000) $73,607 Shares 3,221,293 Est. Cost $17.59 Unrealized +31.6%

— OAK STR HEALTH INC 3.7%

Value ($000) $45,360 Shares 63,000,000 Est. Cost $0.78 Unrealized —

VAL VALARIS LIMITED 3.3%

Value ($000) $39,881 Shares 944,162 Est. Cost $25.06 Unrealized +114.7%

NRG NRG ENERGY INC 2.6%

Value ($000) $31,704 Shares 830,603 Est. Cost $31.35 Unrealized +18.2%

— NRG ENERGY INC 2.5%

Value ($000) $31,055 Shares 28,834,000 Est. Cost $1.16 Unrealized —

— WHITING PETE CORP NEW 2.3%

Value ($000) $28,342 Shares 416,609 Est. Cost $17.29 Unrealized —

ACT ENACT HLDGS INC 2.3%

Value ($000) $27,896 Shares 1,298,718 Est. Cost $17.20 Unrealized +14.2%

CF CF INDS HLDGS INC 2.0%

Value ($000) $24,367 Shares 284,232 Est. Cost $35.81 Unrealized +150.6%

EIX EDISON INTL 1.9%

Value ($000) $22,838 Shares 361,133 Est. Cost $41.72 Unrealized +37.6%

O REALTY INCOME CORP 1.8%

Value ($000) $21,500 Shares 314,974 Est. Cost $55.37 Unrealized +2.0%

PCG PG&E CORP 1.6%

Value ($000) $20,014 Shares 2,005,366 Est. Cost $11.56 Unrealized +0.6%

GASS STEALTHGAS INC 1.6%

Value ($000) $18,958 Shares 5,906,056 Est. Cost $4.94 Unrealized -43.4%

— EPR PPTYS 1.3%

Value ($000) $15,284 Shares 692,529 Est. Cost $25.58 Unrealized —

— OAK STR HEALTH INC 0.7%

Value ($000) $8,044 Shares 489,309 Est. Cost $16.44 Unrealized —

FPH FIVE POINT HOLDINGS LLC 0.6%

Value ($000) $7,067 Shares 1,807,320 Est. Cost $15.19 Unrealized -66.0%

ONL ORION OFFICE REIT INC 0.3%

Value ($000) $3,941 Shares 359,563 Est. Cost $18.67 Unrealized —

SKIN THE BEAUTY HEALTH COMPANY 0.2%

Value ($000) $2,300 Shares 178,868 Est. Cost $13.40 Unrealized 0.0%

CIVI CIVITAS RESOURCES INC 0.2%

Value ($000) $2,077 Shares 39,713 Est. Cost $37.02 Unrealized +26.7%

— INDEPENENCE CONTRACT DRILLI 0.1%

Value ($000) $1,775 Shares 567,000 Est. Cost $4.13 Unrealized —

EXEEL CHESAPEAKE ENERGY CORP 0.1%

Value ($000) $1,285 Shares 24,496 Est. Cost $29.72 Unrealized —

— GOHEALTH INC 0.1%

Value ($000) $645 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 +74.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	FRONTIER COMMUNICATIONS PARE	21,278,800	$500,903	41.1%	$26.46	—	COM	35909D109
EXE	CHESAPEAKE ENERGY CORP	2,543,983	$206,231	16.9%	$36.02	+110.9%	COM	165167735
ALLY	ALLY FINL INC	2,485,472	$83,288	6.8%	$23.19	+50.2%	COM	02005N100
VST	VISTRA CORP	3,221,293	$73,607	6.0%	$17.59	+31.6%	COM	92840M102
—	OAK STR HEALTH INC	63,000,000	$45,360	3.7%	$0.78	—	NOTE 3/1	67181AAB3
VAL	VALARIS LIMITED	944,162	$39,881	3.3%	$25.06	+114.7%	CL A	G9460G101
NRG	NRG ENERGY INC	830,603	$31,704	2.6%	$31.35	+18.2%	COM NEW	629377508
—	NRG ENERGY INC	28,834,000	$31,055	2.5%	$1.16	—	DBCV 2.750% 6/0	629377CG5
—	WHITING PETE CORP NEW	416,609	$28,342	2.3%	$17.29	—	COM NEW	966387508
ACT	ENACT HLDGS INC	1,298,718	$27,896	2.3%	$17.20	+14.2%	COM	29249E109
CF	CF INDS HLDGS INC	284,232	$24,367	2.0%	$35.81	+150.6%	COM	125269100
EIX	EDISON INTL	361,133	$22,838	1.9%	$41.72	+37.6%	COM	281020107
O	REALTY INCOME CORP	314,974	$21,500	1.8%	$55.37	+2.0%	COM	756109104
PCG	PG&E CORP	2,005,366	$20,014	1.6%	$11.56	+0.6%	COM	69331C108
GASS	STEALTHGAS INC	5,906,056	$18,958	1.6%	$4.94	-43.4%	SHS	Y81669106
—	EPR PPTYS	692,529	$15,284	1.3%	$25.58	—	PFD C CV 5.75%	26884U208
—	OAK STR HEALTH INC	489,309	$8,044	0.7%	$16.44	—	COM	67181A107
FPH	FIVE POINT HOLDINGS LLC	1,807,320	$7,067	0.6%	$15.19	-66.0%	COM CL A	33833Q106
ONL	ORION OFFICE REIT INC	359,563	$3,941	0.3%	$18.67	—	COM	68629Y103
SKIN	THE BEAUTY HEALTH COMPANY	178,868	$2,300	0.2%	$13.40	0.0%	COM CL A	88331L108
CIVI	CIVITAS RESOURCES INC	39,713	$2,077	0.2%	$37.02	+26.7%	COM NEW	17888H103
—	INDEPENENCE CONTRACT DRILLI	567,000	$1,775	0.1%	$4.13	—	COM	453415606
EXEEL	CHESAPEAKE ENERGY CORP	24,496	$1,285	0.1%	$29.72	—	*W EXP 02/09/202	165167180
—	GOHEALTH INC	1,079,424	$645	0.1%	$5.03	—	COM CL A	38046W105
INSW	INTERNATIONAL SEAWAYS INC	158	$3	0.0%	$8.64	+74.1%	COM	Y41053102