GRATIA CAPITAL, LLC Hedge Fund

Location: Los Angeles, CA

CIK: 0001599793 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Feb 10, 2015

Total Value: $186M (100.0% shares, 0.0% debt)

Holdings (43)

— FORESTAR GROUP INC 7.2%

Value $13.31M Shares 864,541 Est. Cost $17.86 Unrealized —

— AMERICAN CAP LTD 6.2%

Value $11.59M Shares 793,239 Est. Cost $14.70 Unrealized —

AXTA AXALTA COATING SYS LTD 6.2%

Value $11.47M Shares 440,799 Est. Cost $24.63 Unrealized 0.0%

— OUTERWALL INC 5.1%

Value $9.516M Shares 126,513 Est. Cost $65.70 Unrealized —

LGIH LGI HOMES INC 5.1%

Value $9.5M Shares 636,753 Est. Cost $16.44 Unrealized +3.1%

PLAY DAVE & BUSTERS ENTMT INC 4.2%

Value $7.874M Shares 288,428 Est. Cost $21.81 Unrealized 0.0%

— MACQUARIE INFRASTR CO LLC 4.2%

Value $7.841M Shares 110,302 Est. Cost $67.86 Unrealized —

MHO M/I HOMES INC 4.0%

Value $7.396M Shares 322,137 Est. Cost $21.65 Unrealized +0.5%

— AMC ENTMT HLDGS INC 3.9%

Value $7.271M Shares 277,721 Est. Cost $26.18 Unrealized —

— AR CAP ACQUISITION CORP 3.8%

Value $7.047M Shares 714,000 Est. Cost $9.87 Unrealized —

SCI SERVICE CORP INTL 3.1%

Value $5.822M Shares 256,464 Est. Cost $18.18 Unrealized +20.6%

— STARWOOD WAYPOINT RESIDENTL 2.9%

Value $5.312M Shares 201,441 Est. Cost $26.05 Unrealized —

— MASONITE INTL CORP NEW 2.8%

Value $5.298M Shares 86,210 Est. Cost $56.06 Unrealized —

— DIAMOND RESORTS INTL INC 2.8%

Value $5.243M Shares 187,929 Est. Cost $23.06 Unrealized —

— DOMINION DIAMOND CORP 2.8%

Value $5.203M Shares 289,708 Est. Cost $13.73 Unrealized —

— EXTENDED STAY AMER INC 2.6%

Value $4.882M Shares 252,848 Est. Cost $23.31 Unrealized —

LAMR LAMAR ADVERTISING CO NEW 2.3%

Value $4.357M Shares 81,228 Est. Cost $53.64 Unrealized —

XLY SELECT SECTOR SPDR TR 2.3%

Value $4.263M Shares 59,091 Est. Cost $72.14 Unrealized —

IBP INSTALLED BLDG PRODS INC 2.3%

Value $4.198M Shares 235,555 Est. Cost $12.53 Unrealized +18.4%

— PINNACLE ENTMT INC 2.2%

Value $4.043M Shares 181,704 Est. Cost $22.25 Unrealized —

— SOTHEBYS 2.0%

Value $3.78M Shares 87,545 Est. Cost $41.99 Unrealized —

— CARROLS RESTAURANT GROUP INC 2.0%

Value $3.662M Shares 479,915 Est. Cost $7.15 Unrealized —

— RCS CAP CORP 1.9%

Value $3.497M Shares 285,717 Est. Cost $21.68 Unrealized —

TTWO TAKE-TWO INTERACTIVE SOFTWAR 1.8%

Value $3.382M Shares 120,640 Est. Cost $18.01 Unrealized +41.8%

— KAPSTONE PAPER & PACKAGING C 1.6%

Value $3.072M Shares 104,804 Est. Cost $29.31 Unrealized —

LADR LADDER CAP CORP 1.6%

Value $2.89M Shares 147,386 Est. Cost $18.88 Unrealized —

WMB WILLIAMS COS INC DEL 1.5%

Value $2.881M Shares 64,103 Est. Cost $27.17 Unrealized 0.0%

— RENTECH INC 1.3%

Value $2.379M Shares 1,887,701 Est. Cost $2.06 Unrealized —

— EQUITY COMWLTH 1.1%

Value $2.092M Shares 81,486 Est. Cost $25.67 Unrealized —

— FOREST CITY ENTERPRISES INC 1.1%

Value $2.054M Shares 96,444 Est. Cost $19.56 Unrealized —

— COLUMBIA PPTY TR INC 1.1%

Value $2.035M Shares 80,276 Est. Cost $25.35 Unrealized —

— LEXINGTON REALTY TRUST 1.0%

Value $1.827M Shares 166,435 Est. Cost $11.01 Unrealized —

— MORGANS HOTEL GROUP CO 0.9%

Value $1.766M Shares 225,315 Est. Cost $8.07 Unrealized —

— COLONY FINL INC 0.9%

Value $1.692M Shares 71,019 Est. Cost $21.97 Unrealized —

— CLUBCORP HLDGS INC 0.6%

Value $1.164M Shares 64,892 Est. Cost $17.95 Unrealized —

— VECTOR GROUP LTD 0.6%

Value $1.071M Shares 756,000 Est. Cost $1.38 Unrealized —

— FIFTH STR SR FLOATNG RATE CO 0.5%

Value $1.004M Shares 98,248 Est. Cost $10.22 Unrealized —

THO THOR INDS INC 0.5%

Value $988K Shares 17,687 Est. Cost $43.30 Unrealized 0.0%

— JAKKS PAC INC 0.5%

Value $926K Shares 136,247 Est. Cost $6.80 Unrealized —

WGO WINNEBAGO INDS INC 0.5%

Value $893K Shares 41,056 Est. Cost $22.91 Unrealized 0.0%

WLK WESTLAKE CHEM CORP 0.4%

Value $696K Shares 11,386 Est. Cost $57.80 Unrealized 0.0%

DSX DIANA SHIPPING INC 0.3%

Value $540K Shares 80,416 Est. Cost $4.55 Unrealized 0.0%

CDZI CADIZ INC 0.3%

Value $476K Shares 42,530 Est. Cost $6.54 Unrealized +59.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	FORESTAR GROUP INC	864,541	$13.31M	7.2%	$17.86	—	COM	346233109
—	AMERICAN CAP LTD	793,239	$11.59M	6.2%	$14.70	—	COM	02503Y103
AXTA	AXALTA COATING SYS LTD	440,799	$11.47M	6.2%	$24.63	0.0%	COM	G0750C108
—	OUTERWALL INC	126,513	$9.516M	5.1%	$65.70	—	COM	690070107
LGIH	LGI HOMES INC	636,753	$9.5M	5.1%	$16.44	+3.1%	COM	50187T106
PLAY	DAVE & BUSTERS ENTMT INC	288,428	$7.874M	4.2%	$21.81	0.0%	COM	238337109
—	MACQUARIE INFRASTR CO LLC	110,302	$7.841M	4.2%	$67.86	—	MEMBERSHIP INT	55608B105
MHO	M/I HOMES INC	322,137	$7.396M	4.0%	$21.65	+0.5%	COM	55305B101
—	AMC ENTMT HLDGS INC	277,721	$7.271M	3.9%	$26.18	—	CL A COM	00165C104
—	AR CAP ACQUISITION CORP	714,000	$7.047M	3.8%	$9.87	—	UNIT 99/99/9999	00191R208
SCI	SERVICE CORP INTL	256,464	$5.822M	3.1%	$18.18	+20.6%	COM	817565104
—	STARWOOD WAYPOINT RESIDENTL	201,441	$5.312M	2.9%	$26.05	—	COM SHS	85571W109
—	MASONITE INTL CORP NEW	86,210	$5.298M	2.8%	$56.06	—	COM	575385109
—	DIAMOND RESORTS INTL INC	187,929	$5.243M	2.8%	$23.06	—	COM	25272T104
—	DOMINION DIAMOND CORP	289,708	$5.203M	2.8%	$13.73	—	COM	257287102
—	EXTENDED STAY AMER INC	252,848	$4.882M	2.6%	$23.31	—	UNIT 99/99/9999B	30224P200
LAMR	LAMAR ADVERTISING CO NEW	81,228	$4.357M	2.3%	$53.64	—	CL A	512816109
XLY	SELECT SECTOR SPDR TR	59,091	$4.263M	2.3%	$72.14	—	SBI CONS DISCR	81369Y407
IBP	INSTALLED BLDG PRODS INC	235,555	$4.198M	2.3%	$12.53	+18.4%	COM	45780R101
—	PINNACLE ENTMT INC	181,704	$4.043M	2.2%	$22.25	—	COM	723456109
—	SOTHEBYS	87,545	$3.78M	2.0%	$41.99	—	COM	835898107
—	CARROLS RESTAURANT GROUP INC	479,915	$3.662M	2.0%	$7.15	—	COM	14574X104
—	RCS CAP CORP	285,717	$3.497M	1.9%	$21.68	—	COM CL A	74937W102
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	120,640	$3.382M	1.8%	$18.01	+41.8%	COM	874054109
—	KAPSTONE PAPER & PACKAGING C	104,804	$3.072M	1.6%	$29.31	—	COM	48562P103
LADR	LADDER CAP CORP	147,386	$2.89M	1.6%	$18.88	—	CL A	505743104
WMB	WILLIAMS COS INC DEL	64,103	$2.881M	1.5%	$27.17	0.0%	COM	969457100
—	RENTECH INC	1,887,701	$2.379M	1.3%	$2.06	—	COM	760112102
—	EQUITY COMWLTH	81,486	$2.092M	1.1%	$25.67	—	COM SH BEN INT	294628102
—	FOREST CITY ENTERPRISES INC	96,444	$2.054M	1.1%	$19.56	—	CL A	345550107
—	COLUMBIA PPTY TR INC	80,276	$2.035M	1.1%	$25.35	—	COM NEW	198287203
—	LEXINGTON REALTY TRUST	166,435	$1.827M	1.0%	$11.01	—	COM	529043101
—	MORGANS HOTEL GROUP CO	225,315	$1.766M	0.9%	$8.07	—	COM	61748W108
—	COLONY FINL INC	71,019	$1.692M	0.9%	$21.97	—	COM	19624R106
—	CLUBCORP HLDGS INC	64,892	$1.164M	0.6%	$17.95	—	COM	18948M108
—	VECTOR GROUP LTD	756,000	$1.071M	0.6%	$1.38	—	FRNT 1/1	92240MAY4
—	FIFTH STR SR FLOATNG RATE CO	98,248	$1.004M	0.5%	$10.22	—	COM	31679F101
THO	THOR INDS INC	17,687	$988K	0.5%	$43.30	0.0%	COM	885160101
—	JAKKS PAC INC	136,247	$926K	0.5%	$6.80	—	COM	47012E106
WGO	WINNEBAGO INDS INC	41,056	$893K	0.5%	$22.91	0.0%	COM	974637100
WLK	WESTLAKE CHEM CORP	11,386	$696K	0.4%	$57.80	0.0%	COM	960413102
DSX	DIANA SHIPPING INC	80,416	$540K	0.3%	$4.55	0.0%	COM	Y2066G104
CDZI	CADIZ INC	42,530	$476K	0.3%	$6.54	+59.4%	COM NEW	127537207