GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 14, 2014

Total Value ($000): $224,607 (100.0% shares, 0.0% debt)

Holdings (45)

MCD MCDONALDS CORP 8.4%

Value ($000) $18,979 Shares 193,600 Est. Cost — Unrealized —

— PROSHARES TR 7.8%

Value ($000) $17,435 Shares 706,741 Est. Cost $24.67 Unrealized —

SCI SERVICE CORP INTL 5.3%

Value ($000) $11,915 Shares 599,348 Est. Cost $18.18 Unrealized +1.1%

PEP PEPSICO INC 5.0%

Value ($000) $11,332 Shares 136,200 Est. Cost — Unrealized —

— LAMAR ADVERTISING CO 4.4%

Value ($000) $9,856 Shares 193,298 Est. Cost $51.38 Unrealized —

— COVANTA HLDG CORP 4.0%

Value ($000) $8,991 Shares 498,096 Est. Cost $18.05 Unrealized —

— COLONY FINL INC 3.8%

Value ($000) $8,591 Shares 391,395 Est. Cost $21.95 Unrealized —

PMT PENNYMAC MTG INVT TR 3.6%

Value ($000) $7,993 Shares 334,415 Est. Cost $23.27 Unrealized —

— FORESTAR GROUP INC 3.0%

Value ($000) $6,845 Shares 384,540 Est. Cost $19.73 Unrealized —

TTWO TAKE-TWO INTERACTIVE SOFTWAR 3.0%

Value ($000) $6,793 Shares 309,765 Est. Cost $17.63 Unrealized +10.3%

— JGWPT HLDGS INC 2.9%

Value ($000) $6,402 Shares 350,600 Est. Cost $17.39 Unrealized —

— DOMINION DIAMOND CORP 2.8%

Value ($000) $6,352 Shares 473,350 Est. Cost $13.42 Unrealized —

LADR LADDER CAP CORP 2.8%

Value ($000) $6,244 Shares 330,711 Est. Cost $18.88 Unrealized —

BXP BOSTON PROPERTIES INC 2.7%

Value ($000) $6,096 Shares 53,229 Est. Cost $63.55 Unrealized +5.4%

— VECTOR GROUP LTD 2.0%

Value ($000) $4,400 Shares 3,200,000 Est. Cost $1.38 Unrealized —

AGO ASSURED GUARANTY LTD 1.9%

Value ($000) $4,350 Shares 171,805 Est. Cost $17.63 Unrealized +9.3%

— AMERICAN RLTY CAP PPTYS INC 1.9%

Value ($000) $4,311 Shares 307,499 Est. Cost $14.02 Unrealized —

ARMK ARAMARK HLDGS CORP 1.9%

Value ($000) $4,208 Shares 145,496 Est. Cost $15.25 Unrealized +10.0%

— HAWAIIAN HOLDINGS INC 1.9%

Value ($000) $4,179 Shares 299,366 Est. Cost $9.63 Unrealized —

— CLUBCORP HLDGS INC 1.8%

Value ($000) $3,936 Shares 208,240 Est. Cost $17.74 Unrealized —

— HERTZ GLOBAL HOLDINGS INC 1.7%

Value ($000) $3,770 Shares 141,519 Est. Cost $26.64 Unrealized —

LGIH LGI HOMES INC 1.6%

Value ($000) $3,692 Shares 214,004 Est. Cost $15.67 Unrealized +9.2%

DDS DILLARDS INC 1.6%

Value ($000) $3,506 Shares 37,944 Est. Cost $67.08 Unrealized 0.0%

— BED BATH & BEYOND INC 1.6%

Value ($000) $3,498 Shares 50,849 Est. Cost $68.79 Unrealized —

— ALTISOURCE PORTFOLIO SOLNS S 1.6%

Value ($000) $3,485 Shares 28,647 Est. Cost $121.65 Unrealized —

— CBL & ASSOC PPTYS INC 1.6%

Value ($000) $3,483 Shares 196,205 Est. Cost $17.75 Unrealized —

MHO M/I HOMES INC 1.5%

Value ($000) $3,456 Shares 154,143 Est. Cost $21.13 Unrealized +13.1%

— ALTISOURCE ASSET MGMT CORP 1.4%

Value ($000) $3,197 Shares 2,975 Est. Cost $1074.62 Unrealized —

— NEW HOME CO INC 1.4%

Value ($000) $3,128 Shares 219,636 Est. Cost $14.24 Unrealized —

— HUDSON PAC PPTYS INC 1.4%

Value ($000) $3,110 Shares 134,812 Est. Cost $23.07 Unrealized —

IBP INSTALLED BLDG PRODS INC 1.3%

Value ($000) $2,891 Shares 207,232 Est. Cost $12.72 Unrealized 0.0%

— ISLE OF CAPRI CASINOS INC 1.3%

Value ($000) $2,854 Shares 372,036 Est. Cost $9.00 Unrealized —

— AMERICAN CAP LTD 1.2%

Value ($000) $2,805 Shares 177,644 Est. Cost $15.65 Unrealized —

— PENNYMAC FINL SVCS INC 1.2%

Value ($000) $2,782 Shares 167,160 Est. Cost $16.64 Unrealized —

— WCI CMNTYS INC 1.2%

Value ($000) $2,714 Shares 137,344 Est. Cost $19.09 Unrealized —

— AMERICAN CAMPUS CMNTYS INC 1.2%

Value ($000) $2,589 Shares 69,308 Est. Cost $37.35 Unrealized —

LYV LIVE NATION ENTERTAINMENT IN 1.2%

Value ($000) $2,587 Shares 118,950 Est. Cost $18.72 Unrealized +16.0%

— SESA GOA LTD 1.1%

Value ($000) $2,375 Shares 191,207 Est. Cost $12.92 Unrealized —

— PHH CORP 1.0%

Value ($000) $2,339 Shares 90,516 Est. Cost $24.35 Unrealized —

AMWD AMERICAN WOODMARK CORP 1.0%

Value ($000) $2,216 Shares 65,822 Est. Cost $34.70 Unrealized -1.0%

— COMMONWEALTH REIT 0.6%

Value ($000) $1,456 Shares 55,344 Est. Cost $26.31 Unrealized —

— NATIONAL CINEMEDIA INC 0.6%

Value ($000) $1,287 Shares 85,833 Est. Cost $19.96 Unrealized —

— RENTECH INC 0.6%

Value ($000) $1,276 Shares 671,379 Est. Cost $1.75 Unrealized —

— OHR PHARMACEUTICAL INC 0.3%

Value ($000) $658 Shares 48,367 Est. Cost $13.60 Unrealized —

CDZI CADIZ INC 0.1%

Value ($000) $245 Shares 34,689 Est. Cost $5.69 Unrealized +30.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCD	MCDONALDS CORP	193,600	$18,979	8.4%	—	—	Call	580135101
—	PROSHARES TR	706,741	$17,435	7.8%	$24.67	—	PSHS SHRT S&P500	74347R503
SCI	SERVICE CORP INTL	599,348	$11,915	5.3%	$18.18	+1.1%	COM	817565104
PEP	PEPSICO INC	136,200	$11,332	5.0%	—	—	Call	713448108
—	LAMAR ADVERTISING CO	193,298	$9,856	4.4%	$51.38	—	CL A	512815101
—	COVANTA HLDG CORP	498,096	$8,991	4.0%	$18.05	—	COM	22282E102
—	COLONY FINL INC	391,395	$8,591	3.8%	$21.95	—	COM	19624R106
PMT	PENNYMAC MTG INVT TR	334,415	$7,993	3.6%	$23.27	—	COM	70931T103
—	FORESTAR GROUP INC	384,540	$6,845	3.0%	$19.73	—	COM	346233109
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	309,765	$6,793	3.0%	$17.63	+10.3%	COM	874054109
—	JGWPT HLDGS INC	350,600	$6,402	2.9%	$17.39	—	CL A	46617M109
—	DOMINION DIAMOND CORP	473,350	$6,352	2.8%	$13.42	—	COM	257287102
LADR	LADDER CAP CORP	330,711	$6,244	2.8%	$18.88	—	CL A	505743104
BXP	BOSTON PROPERTIES INC	53,229	$6,096	2.7%	$63.55	+5.4%	COM	101121101
—	VECTOR GROUP LTD	3,200,000	$4,400	2.0%	$1.38	—	FRNT 1/1	92240MAY4
AGO	ASSURED GUARANTY LTD	171,805	$4,350	1.9%	$17.63	+9.3%	COM	G0585R106
—	AMERICAN RLTY CAP PPTYS INC	307,499	$4,311	1.9%	$14.02	—	COM	02917T104
ARMK	ARAMARK HLDGS CORP	145,496	$4,208	1.9%	$15.25	+10.0%	COM	03852U106
—	HAWAIIAN HOLDINGS INC	299,366	$4,179	1.9%	$9.63	—	COM	419879101
—	CLUBCORP HLDGS INC	208,240	$3,936	1.8%	$17.74	—	COM	18948M108
—	HERTZ GLOBAL HOLDINGS INC	141,519	$3,770	1.7%	$26.64	—	COM	42805T105
LGIH	LGI HOMES INC	214,004	$3,692	1.6%	$15.67	+9.2%	COM	50187T106
DDS	DILLARDS INC	37,944	$3,506	1.6%	$67.08	0.0%	CL A	254067101
—	BED BATH & BEYOND INC	50,849	$3,498	1.6%	$68.79	—	COM	075896100
—	ALTISOURCE PORTFOLIO SOLNS S	28,647	$3,485	1.6%	$121.65	—	REG SHS	L0175J104
—	CBL & ASSOC PPTYS INC	196,205	$3,483	1.6%	$17.75	—	COM	124830100
MHO	M/I HOMES INC	154,143	$3,456	1.5%	$21.13	+13.1%	COM	55305B101
—	ALTISOURCE ASSET MGMT CORP	2,975	$3,197	1.4%	$1074.62	—	COM	02153X108
—	NEW HOME CO INC	219,636	$3,128	1.4%	$14.24	—	COM	645370107
—	HUDSON PAC PPTYS INC	134,812	$3,110	1.4%	$23.07	—	COM	444097109
IBP	INSTALLED BLDG PRODS INC	207,232	$2,891	1.3%	$12.72	0.0%	COM	45780R101
—	ISLE OF CAPRI CASINOS INC	372,036	$2,854	1.3%	$9.00	—	COM	464592104
—	AMERICAN CAP LTD	177,644	$2,805	1.2%	$15.65	—	COM	02503Y103
—	PENNYMAC FINL SVCS INC	167,160	$2,782	1.2%	$16.64	—	CL A	70932B101
—	WCI CMNTYS INC	137,344	$2,714	1.2%	$19.09	—	COM PAR $0.01	92923C807
—	AMERICAN CAMPUS CMNTYS INC	69,308	$2,589	1.2%	$37.35	—	COM	024835100
LYV	LIVE NATION ENTERTAINMENT IN	118,950	$2,587	1.2%	$18.72	+16.0%	COM	538034109
—	SESA GOA LTD	191,207	$2,375	1.1%	$12.92	—	SPONSORED ADR	78413F103
—	PHH CORP	90,516	$2,339	1.0%	$24.35	—	COM NEW	693320202
AMWD	AMERICAN WOODMARK CORP	65,822	$2,216	1.0%	$34.70	-1.0%	COM	030506109
—	COMMONWEALTH REIT	55,344	$1,456	0.6%	$26.31	—	COM SH BEN INT	203233101
—	NATIONAL CINEMEDIA INC	85,833	$1,287	0.6%	$19.96	—	COM	635309107
—	RENTECH INC	671,379	$1,276	0.6%	$1.75	—	COM	760112102
—	OHR PHARMACEUTICAL INC	48,367	$658	0.3%	$13.60	—	COM NEW	67778H200
CDZI	CADIZ INC	34,689	$245	0.1%	$5.69	+30.5%	COM NEW	127537207