GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 13, 2015

Total Value ($000): $272,886 (100.0% shares, 0.0% debt)

Holdings (43)

SPY SPDR S&P 500 ETF TRUST 18.4%

Value ($000) $50,183 Shares 243,100 Est. Cost — Unrealized —

MHO M/I HOMES INC 6.2%

Value ($000) $16,908 Shares 709,236 Est. Cost $21.77 Unrealized +0.5%

— FORESTAR GROUP INC 4.5%

Value ($000) $12,305 Shares 780,309 Est. Cost $17.86 Unrealized —

PLAY DAVE & BUSTERS ENTMT INC 4.3%

Value ($000) $11,683 Shares 383,551 Est. Cost $23.82 Unrealized +25.5%

LGIH LGI HOMES INC 4.2%

Value ($000) $11,531 Shares 692,112 Est. Cost $16.25 Unrealized -13.6%

AXTA AXALTA COATING SYS LTD 4.1%

Value ($000) $11,130 Shares 402,967 Est. Cost $24.63 Unrealized +9.5%

— OUTERWALL INC 4.0%

Value ($000) $10,998 Shares 166,336 Est. Cost $65.80 Unrealized —

SCI SERVICE CORP INTL 3.8%

Value ($000) $10,379 Shares 398,409 Est. Cost $20.36 Unrealized +19.4%

— AMERICAN CAP LTD 3.8%

Value ($000) $10,254 Shares 693,276 Est. Cost $14.70 Unrealized —

— FOREST CITY ENTERPRISES INC 3.3%

Value ($000) $8,943 Shares 350,437 Est. Cost $23.88 Unrealized —

— STARWOOD WAYPOINT RESIDENTL 2.8%

Value ($000) $7,511 Shares 290,580 Est. Cost $25.99 Unrealized —

— MACQUARIE INFRASTR CO LLC 2.7%

Value ($000) $7,365 Shares 89,495 Est. Cost $67.86 Unrealized —

WGO WINNEBAGO INDS INC 2.7%

Value ($000) $7,264 Shares 341,677 Est. Cost $21.72 Unrealized -0.7%

NPO ENPRO INDS INC 2.6%

Value ($000) $7,183 Shares 108,919 Est. Cost $64.00 Unrealized 0.0%

— CLUBCORP HLDGS INC 2.1%

Value ($000) $5,860 Shares 302,685 Est. Cost $19.06 Unrealized —

LAMR LAMAR ADVERTISING CO NEW 2.0%

Value ($000) $5,529 Shares 93,277 Est. Cost $54.37 Unrealized —

— INTERNATIONAL SPEEDWAY CORP 2.0%

Value ($000) $5,448 Shares 167,058 Est. Cost $32.61 Unrealized —

— MASONITE INTL CORP NEW 1.9%

Value ($000) $5,226 Shares 77,703 Est. Cost $56.06 Unrealized —

— FIAT CHRYSLER AUTOMOBILES N 1.9%

Value ($000) $5,185 Shares 317,930 Est. Cost $16.31 Unrealized —

GLPI GAMING & LEISURE PPTYS INC 1.9%

Value ($000) $5,096 Shares 138,205 Est. Cost $36.87 Unrealized —

— EQUITY COMWLTH 1.9%

Value ($000) $5,085 Shares 191,538 Est. Cost $26.18 Unrealized —

— AR CAP ACQUISITION CORP 1.9%

Value ($000) $5,075 Shares 510,000 Est. Cost $9.87 Unrealized —

— GLOBAL CASH ACCESS HLDGS INC 1.8%

Value ($000) $4,780 Shares 627,351 Est. Cost $7.62 Unrealized —

— COVANTA HLDG CORP 1.5%

Value ($000) $4,097 Shares 182,658 Est. Cost $22.43 Unrealized —

— PATRIOT NATL INC 1.4%

Value ($000) $3,810 Shares 300,000 Est. Cost $12.70 Unrealized —

WMB WILLIAMS COS INC DEL 1.4%

Value ($000) $3,810 Shares 75,307 Est. Cost $26.84 Unrealized -7.0%

— RCS CAP CORP 1.3%

Value ($000) $3,574 Shares 335,924 Est. Cost $20.03 Unrealized —

— TAUBMAN CTRS INC 1.0%

Value ($000) $2,758 Shares 35,756 Est. Cost $77.13 Unrealized —

LADR LADDER CAP CORP 1.0%

Value ($000) $2,728 Shares 147,386 Est. Cost $18.88 Unrealized —

— LEVY ACQUISITION CORP 1.0%

Value ($000) $2,665 Shares 202,665 Est. Cost $13.15 Unrealized —

— COLUMBIA PPTY TR INC 0.9%

Value ($000) $2,581 Shares 95,539 Est. Cost $25.62 Unrealized —

— RENTECH INC 0.9%

Value ($000) $2,479 Shares 2,213,286 Est. Cost $1.92 Unrealized —

— RCS CAPITAL CORP 0.9%

Value ($000) $2,410 Shares 226,500 Est. Cost $20.03 Unrealized —

REXR REXFORD INDL RLTY INC 0.8%

Value ($000) $2,213 Shares 139,950 Est. Cost $15.81 Unrealized —

— MORGANS HOTEL GROUP CO 0.6%

Value ($000) $1,746 Shares 225,315 Est. Cost $8.07 Unrealized —

— JAKKS PAC INC 0.5%

Value ($000) $1,388 Shares 202,862 Est. Cost $6.81 Unrealized —

— FLAGSTAR BANCORP INC 0.5%

Value ($000) $1,301 Shares 89,630 Est. Cost $14.52 Unrealized —

— WHEELER REAL ESTATE INVT TR 0.4%

Value ($000) $1,146 Shares 47,968 Est. Cost $23.89 Unrealized —

WLK WESTLAKE CHEM CORP 0.3%

Value ($000) $796 Shares 11,065 Est. Cost $57.80 Unrealized -5.6%

— AMERICAN REALTY CAPITAL PROP 0.3%

Value ($000) $756 Shares 76,800 Est. Cost — Unrealized —

CFG CITIZENS FINL GROUP INC 0.3%

Value ($000) $723 Shares 29,980 Est. Cost $16.71 Unrealized 0.0%

— COLONY FINL INC 0.2%

Value ($000) $548 Shares 21,140 Est. Cost $21.97 Unrealized —

CDZI CADIZ INC 0.2%

Value ($000) $436 Shares 42,530 Est. Cost $6.54 Unrealized +58.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TRUST	243,100	$50,183	18.4%	—	—	Call	78462F103
MHO	M/I HOMES INC	709,236	$16,908	6.2%	$21.77	+0.5%	COM	55305B101
—	FORESTAR GROUP INC	780,309	$12,305	4.5%	$17.86	—	COM	346233109
PLAY	DAVE & BUSTERS ENTMT INC	383,551	$11,683	4.3%	$23.82	+25.5%	COM	238337109
LGIH	LGI HOMES INC	692,112	$11,531	4.2%	$16.25	-13.6%	COM	50187T106
AXTA	AXALTA COATING SYS LTD	402,967	$11,130	4.1%	$24.63	+9.5%	COM	G0750C108
—	OUTERWALL INC	166,336	$10,998	4.0%	$65.80	—	COM	690070107
SCI	SERVICE CORP INTL	398,409	$10,379	3.8%	$20.36	+19.4%	COM	817565104
—	AMERICAN CAP LTD	693,276	$10,254	3.8%	$14.70	—	COM	02503Y103
—	FOREST CITY ENTERPRISES INC	350,437	$8,943	3.3%	$23.88	—	CL A	345550107
—	STARWOOD WAYPOINT RESIDENTL	290,580	$7,511	2.8%	$25.99	—	COM SHS	85571W109
—	MACQUARIE INFRASTR CO LLC	89,495	$7,365	2.7%	$67.86	—	MEMBERSHIP INT	55608B105
WGO	WINNEBAGO INDS INC	341,677	$7,264	2.7%	$21.72	-0.7%	COM	974637100
NPO	ENPRO INDS INC	108,919	$7,183	2.6%	$64.00	0.0%	COM	29355X107
—	CLUBCORP HLDGS INC	302,685	$5,860	2.1%	$19.06	—	COM	18948M108
LAMR	LAMAR ADVERTISING CO NEW	93,277	$5,529	2.0%	$54.37	—	CL A	512816109
—	INTERNATIONAL SPEEDWAY CORP	167,058	$5,448	2.0%	$32.61	—	CL A	460335201
—	MASONITE INTL CORP NEW	77,703	$5,226	1.9%	$56.06	—	COM	575385109
—	FIAT CHRYSLER AUTOMOBILES N	317,930	$5,185	1.9%	$16.31	—	SHS	N31738102
GLPI	GAMING & LEISURE PPTYS INC	138,205	$5,096	1.9%	$36.87	—	COM	36467J108
—	EQUITY COMWLTH	191,538	$5,085	1.9%	$26.18	—	COM SH BEN INT	294628102
—	AR CAP ACQUISITION CORP	510,000	$5,075	1.9%	$9.87	—	UNIT 99/99/9999	00191R208
—	GLOBAL CASH ACCESS HLDGS INC	627,351	$4,780	1.8%	$7.62	—	COM	378967103
—	COVANTA HLDG CORP	182,658	$4,097	1.5%	$22.43	—	COM	22282E102
—	PATRIOT NATL INC	300,000	$3,810	1.4%	$12.70	—	COM	70338T102
WMB	WILLIAMS COS INC DEL	75,307	$3,810	1.4%	$26.84	-7.0%	COM	969457100
—	RCS CAP CORP	335,924	$3,574	1.3%	$20.03	—	COM CL A	74937W102
—	TAUBMAN CTRS INC	35,756	$2,758	1.0%	$77.13	—	COM	876664103
LADR	LADDER CAP CORP	147,386	$2,728	1.0%	$18.88	—	CL A	505743104
—	LEVY ACQUISITION CORP	202,665	$2,665	1.0%	$13.15	—	COM	52748T104
—	COLUMBIA PPTY TR INC	95,539	$2,581	0.9%	$25.62	—	COM NEW	198287203
—	RENTECH INC	2,213,286	$2,479	0.9%	$1.92	—	COM	760112102
—	RCS CAPITAL CORP	226,500	$2,410	0.9%	$20.03	—	Put	74937W102
REXR	REXFORD INDL RLTY INC	139,950	$2,213	0.8%	$15.81	—	COM	76169C100
—	MORGANS HOTEL GROUP CO	225,315	$1,746	0.6%	$8.07	—	COM	61748W108
—	JAKKS PAC INC	202,862	$1,388	0.5%	$6.81	—	COM	47012E106
—	FLAGSTAR BANCORP INC	89,630	$1,301	0.5%	$14.52	—	COM PAR .001	337930705
—	WHEELER REAL ESTATE INVT TR	47,968	$1,146	0.4%	$23.89	—	CV PFD SER B	963025309
WLK	WESTLAKE CHEM CORP	11,065	$796	0.3%	$57.80	-5.6%	COM	960413102
—	AMERICAN REALTY CAPITAL PROP	76,800	$756	0.3%	—	—	Call	02917T104
CFG	CITIZENS FINL GROUP INC	29,980	$723	0.3%	$16.71	0.0%	COM	174610105
—	COLONY FINL INC	21,140	$548	0.2%	$21.97	—	COM	19624R106
CDZI	CADIZ INC	42,530	$436	0.2%	$6.54	+58.0%	COM NEW	127537207