GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Nov 14, 2016

Total Value ($000): $303,985 (95.9% shares, 4.1% debt)

Holdings (42)

— SINCLAIR BROADCAST GROUP INC 10.7%

Value ($000) $32,550 Shares 420,000 Est. Cost — Unrealized —

NXST NEXSTAR BROADCASTING GROUP I 9.8%

Value ($000) $29,846 Shares 517,179 Est. Cost $42.00 Unrealized -2.7%

— LYON WILLIAM HOMES 9.7%

Value ($000) $29,556 Shares 1,593,338 Est. Cost $16.44 Unrealized —

PLAY DAVE & BUSTERS ENTMT INC 4.4%

Value ($000) $13,357 Shares 340,922 Est. Cost $40.11 Unrealized +10.4%

— SERVICEMASTER GLOBAL HLDGS I 4.2%

Value ($000) $12,895 Shares 382,858 Est. Cost $33.68 Unrealized —

MHO M/I HOMES INC 4.2%

Value ($000) $12,688 Shares 538,294 Est. Cost $22.93 Unrealized -3.5%

— ASHFORD HOSPITALITY PRIME IN 4.1%

Value ($000) $12,581 Shares 892,287 Est. Cost $14.38 Unrealized —

— COMMERCEHUB INC 4.0%

Value ($000) $12,094 Shares 760,145 Est. Cost $15.91 Unrealized —

— NEW YORK REIT INC 3.6%

Value ($000) $10,840 Shares 1,184,740 Est. Cost $9.17 Unrealized —

— FORESTAR GROUP INC 3.5%

Value ($000) $10,731 Shares 916,370 Est. Cost $14.64 Unrealized —

EXPE EXPEDIA INC DEL 3.2%

Value ($000) $9,762 Shares 83,637 Est. Cost $108.02 Unrealized 0.0%

NTB BANK OF NT BUTTERFIELD&SON L 3.1%

Value ($000) $9,415 Shares 380,240 Est. Cost $16.00 Unrealized 0.0%

— MACQUARIE INFRASTRUCTURE COR 3.1%

Value ($000) $9,402 Shares 112,954 Est. Cost $71.16 Unrealized —

— AMERICAN CAP LTD 3.1%

Value ($000) $9,315 Shares 550,848 Est. Cost $15.83 Unrealized —

AIG AMERICAN INTL GROUP INC 2.7%

Value ($000) $8,155 Shares 137,435 Est. Cost $45.06 Unrealized 0.0%

— ISTAR INC 2.5%

Value ($000) $7,569 Shares 7,500,000 Est. Cost $1.05 Unrealized —

CF CF INDS HLDGS INC 2.5%

Value ($000) $7,485 Shares 307,382 Est. Cost $18.89 Unrealized 0.0%

LIND LINDBLAD EXPEDITIONS HLDGS I 2.4%

Value ($000) $7,346 Shares 816,212 Est. Cost $9.87 Unrealized -4.7%

— MONOGRAM RESIDENTIAL TR INC 2.0%

Value ($000) $6,006 Shares 564,484 Est. Cost $10.21 Unrealized —

BKD BROOKDALE SR LIVING INC 1.7%

Value ($000) $5,307 Shares 304,131 Est. Cost $17.45 Unrealized -1.2%

— OFFICE DEPOT INC 1.7%

Value ($000) $5,137 Shares 1,438,934 Est. Cost $3.57 Unrealized —

— CONTINENTAL BLDG PRODS INC 1.6%

Value ($000) $4,937 Shares 235,227 Est. Cost $22.23 Unrealized —

— MULTI PACKAGING SOLUTIONS IN 1.6%

Value ($000) $4,793 Shares 332,624 Est. Cost $13.35 Unrealized —

— TRAVELPORT WORLDWIDE LTD 1.4%

Value ($000) $4,303 Shares 286,268 Est. Cost $15.03 Unrealized —

ARCC ARES CAP CORP 1.4%

Value ($000) $4,222 Shares 272,412 Est. Cost $6.30 Unrealized 0.0%

XHR XENIA HOTELS & RESORTS INC 1.2%

Value ($000) $3,544 Shares 233,436 Est. Cost $15.18 Unrealized —

— COLONY CAP INC 1.0%

Value ($000) $2,943 Shares 3,000,000 Est. Cost $0.92 Unrealized —

M MACYS INC 0.9%

Value ($000) $2,700 Shares 72,876 Est. Cost $36.24 Unrealized 0.0%

— LIBERTY INTERACTIVE CORP 0.8%

Value ($000) $2,323 Shares 116,105 Est. Cost $26.25 Unrealized —

— REALOGY HLDGS CORP 0.7%

Value ($000) $2,221 Shares 85,900 Est. Cost $27.60 Unrealized —

— CLUBCORP HLDGS INC 0.6%

Value ($000) $1,769 Shares 122,253 Est. Cost $17.74 Unrealized —

— CIM COML TR CORP 0.4%

Value ($000) $1,302 Shares 84,760 Est. Cost $15.36 Unrealized —

LE LANDS END INC NEW 0.4%

Value ($000) $1,144 Shares 78,883 Est. Cost $16.56 Unrealized 0.0%

— COLONY CAP INC 0.3%

Value ($000) $995 Shares 1,000,000 Est. Cost $0.95 Unrealized —

BYD BOYD GAMING CORP 0.3%

Value ($000) $973 Shares 49,204 Est. Cost $18.02 Unrealized 0.0%

— FORESTAR GROUP INC 0.3%

Value ($000) $944 Shares 1,000,000 Est. Cost $0.94 Unrealized —

LE LANDS END INC NEW 0.2%

Value ($000) $635 Shares 43,800 Est. Cost $16.56 Unrealized 0.0%

ACRE ARES COML REAL ESTATE CORP 0.2%

Value ($000) $632 Shares 50,154 Est. Cost $12.49 Unrealized —

— ASHFORD HOSPITALITY PRIME IN 0.2%

Value ($000) $623 Shares 26,500 Est. Cost $22.57 Unrealized —

— PERFORMANCE SPORTS GROUP LTD 0.2%

Value ($000) $604 Shares 148,697 Est. Cost $4.06 Unrealized —

— ASHFORD INC 0.1%

Value ($000) $212 Shares 4,482 Est. Cost $49.98 Unrealized —

— EXTENDED STAY AMER INC 0.0%

Value ($000) $129 Shares 9,105 Est. Cost $14.17 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SINCLAIR BROADCAST GROUP INC	420,000	$32,550	10.7%	—	—	Call	829226109
NXST	NEXSTAR BROADCASTING GROUP I	517,179	$29,846	9.8%	$42.00	-2.7%	CL A	65336K103
—	LYON WILLIAM HOMES	1,593,338	$29,556	9.7%	$16.44	—	CL A NEW	552074700
PLAY	DAVE & BUSTERS ENTMT INC	340,922	$13,357	4.4%	$40.11	+10.4%	COM	238337109
—	SERVICEMASTER GLOBAL HLDGS I	382,858	$12,895	4.2%	$33.68	—	COM	81761R109
MHO	M/I HOMES INC	538,294	$12,688	4.2%	$22.93	-3.5%	COM	55305B101
—	ASHFORD HOSPITALITY PRIME IN	892,287	$12,581	4.1%	$14.38	—	COM	044102101
—	COMMERCEHUB INC	760,145	$12,094	4.0%	$15.91	—	COM SER C	20084V306
—	NEW YORK REIT INC	1,184,740	$10,840	3.6%	$9.17	—	COM	64976L109
—	FORESTAR GROUP INC	916,370	$10,731	3.5%	$14.64	—	COM	346233109
EXPE	EXPEDIA INC DEL	83,637	$9,762	3.2%	$108.02	0.0%	COM NEW	30212P303
NTB	BANK OF NT BUTTERFIELD&SON L	380,240	$9,415	3.1%	$16.00	0.0%	SHS NEW	G0772R208
—	MACQUARIE INFRASTRUCTURE COR	112,954	$9,402	3.1%	$71.16	—	COM	55608B105
—	AMERICAN CAP LTD	550,848	$9,315	3.1%	$15.83	—	COM	02503Y103
AIG	AMERICAN INTL GROUP INC	137,435	$8,155	2.7%	$45.06	0.0%	COM NEW	026874784
—	ISTAR INC	7,500,000	$7,569	2.5%	$1.05	—	NOTE 3.000%11/1	45031UBR1
CF	CF INDS HLDGS INC	307,382	$7,485	2.5%	$18.89	0.0%	COM	125269100
LIND	LINDBLAD EXPEDITIONS HLDGS I	816,212	$7,346	2.4%	$9.87	-4.7%	COM	535219109
—	MONOGRAM RESIDENTIAL TR INC	564,484	$6,006	2.0%	$10.21	—	COM	60979P105
BKD	BROOKDALE SR LIVING INC	304,131	$5,307	1.7%	$17.45	-1.2%	COM	112463104
—	OFFICE DEPOT INC	1,438,934	$5,137	1.7%	$3.57	—	COM	676220106
—	CONTINENTAL BLDG PRODS INC	235,227	$4,937	1.6%	$22.23	—	COM	211171103
—	MULTI PACKAGING SOLUTIONS IN	332,624	$4,793	1.6%	$13.35	—	COM	G6331W109
—	TRAVELPORT WORLDWIDE LTD	286,268	$4,303	1.4%	$15.03	—	SHS	G9019D104
ARCC	ARES CAP CORP	272,412	$4,222	1.4%	$6.30	0.0%	COM	04010L103
XHR	XENIA HOTELS & RESORTS INC	233,436	$3,544	1.2%	$15.18	—	COM	984017103
—	COLONY CAP INC	3,000,000	$2,943	1.0%	$0.92	—	NOTE 3.875% 1/1	19624RAB2
M	MACYS INC	72,876	$2,700	0.9%	$36.24	0.0%	COM	55616P104
—	LIBERTY INTERACTIVE CORP	116,105	$2,323	0.8%	$26.25	—	QVC GP COM SER A	53071M104
—	REALOGY HLDGS CORP	85,900	$2,221	0.7%	$27.60	—	COM	75605Y106
—	CLUBCORP HLDGS INC	122,253	$1,769	0.6%	$17.74	—	COM	18948M108
—	CIM COML TR CORP	84,760	$1,302	0.4%	$15.36	—	COM	125525105
LE	LANDS END INC NEW	78,883	$1,144	0.4%	$16.56	0.0%	COM	51509F105
—	COLONY CAP INC	1,000,000	$995	0.3%	$0.95	—	NOTE 5.000% 4/1	19624RAA4
BYD	BOYD GAMING CORP	49,204	$973	0.3%	$18.02	0.0%	COM	103304101
—	FORESTAR GROUP INC	1,000,000	$944	0.3%	$0.94	—	NOTE 3.750% 3/0	346232AB7
LE	LANDS END INC NEW	43,800	$635	0.2%	$16.56	0.0%	Put	51509F105
ACRE	ARES COML REAL ESTATE CORP	50,154	$632	0.2%	$12.49	—	COM	04013V108
—	ASHFORD HOSPITALITY PRIME IN	26,500	$623	0.2%	$22.57	—	PFD CV SER B	044102507
—	PERFORMANCE SPORTS GROUP LTD	148,697	$604	0.2%	$4.06	—	COM	71377G100
—	ASHFORD INC	4,482	$212	0.1%	$49.98	—	COM	044104107
—	EXTENDED STAY AMER INC	9,105	$129	0.0%	$14.17	—	UNIT 99/99/9999B	30224P200