GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 14, 2017

Total Value ($000): $301,443 (99.7% shares, 0.3% debt)

Holdings (34)

SPY SPDR S&P 500 ETF TR 15.4%

Value ($000) $46,561 Shares 208,300 Est. Cost $223.52 Unrealized —

SPY SPDR S&P 500 ETF TR 14.5%

Value ($000) $43,566 Shares 194,900 Est. Cost $223.52 Unrealized —

— SINCLAIR BROADCAST GROUP INC 6.3%

Value ($000) $19,077 Shares 572,021 Est. Cost $33.35 Unrealized —

— LYON WILLIAM HOMES 4.8%

Value ($000) $14,434 Shares 758,473 Est. Cost $16.44 Unrealized —

NVR NVR INC 4.6%

Value ($000) $13,955 Shares 8,361 Est. Cost $1596.56 Unrealized 0.0%

SCI SERVICE CORP INTL 4.2%

Value ($000) $12,545 Shares 441,720 Est. Cost $26.66 Unrealized 0.0%

— LIBERTY EXPEDIA HOLDINGS 4.0%

Value ($000) $11,973 Shares 301,817 Est. Cost $39.67 Unrealized —

— COMMERCEHUB INC 3.5%

Value ($000) $10,648 Shares 708,477 Est. Cost $15.91 Unrealized —

— FELCOR LODGING TR INC 3.2%

Value ($000) $9,640 Shares 1,203,549 Est. Cost $8.01 Unrealized —

— AMERICAN CAP LTD 3.0%

Value ($000) $9,149 Shares 510,569 Est. Cost $15.83 Unrealized —

SPY SPDR S&P 500 ETF TR 3.0%

Value ($000) $9,067 Shares 40,564 Est. Cost $223.52 Unrealized —

— REALOGY HLDGS CORP 2.9%

Value ($000) $8,724 Shares 339,058 Est. Cost $26.20 Unrealized —

AIG AMERICAN INTL GROUP INC 2.8%

Value ($000) $8,298 Shares 127,063 Est. Cost $45.06 Unrealized +10.5%

— FORTERRA INC 2.7%

Value ($000) $8,004 Shares 369,515 Est. Cost $21.66 Unrealized —

— MACQUARIE INFRASTRUCTURE COR 2.6%

Value ($000) $7,895 Shares 96,633 Est. Cost $71.16 Unrealized —

— NEW YORK REIT INC 2.6%

Value ($000) $7,877 Shares 778,319 Est. Cost $9.17 Unrealized —

— ASHFORD HOSPITALITY PRIME IN 2.6%

Value ($000) $7,844 Shares 574,659 Est. Cost $14.38 Unrealized —

BALL BALL CORP 2.3%

Value ($000) $7,039 Shares 93,763 Est. Cost $35.04 Unrealized 0.0%

— CONTINENTAL BLDG PRODS INC 2.3%

Value ($000) $7,009 Shares 303,424 Est. Cost $22.42 Unrealized —

LIND LINDBLAD EXPEDITIONS HLDGS I 1.9%

Value ($000) $5,789 Shares 612,574 Est. Cost $9.87 Unrealized -7.6%

— TRAVELPORT WORLDWIDE LTD 1.8%

Value ($000) $5,470 Shares 387,944 Est. Cost $14.79 Unrealized —

— OFFICE DEPOT INC 1.5%

Value ($000) $4,482 Shares 991,508 Est. Cost $3.57 Unrealized —

PLAY DAVE & BUSTERS ENTMT INC 1.1%

Value ($000) $3,277 Shares 58,200 Est. Cost $40.11 Unrealized +15.8%

NXST NEXSTAR BROADCASTING GROUP I 1.1%

Value ($000) $3,239 Shares 51,174 Est. Cost $42.00 Unrealized +6.4%

MHO M/I HOMES INC 1.0%

Value ($000) $2,886 Shares 114,602 Est. Cost $22.93 Unrealized +2.7%

EBAY EBAY INC 0.9%

Value ($000) $2,718 Shares 91,558 Est. Cost $26.28 Unrealized 0.0%

— WCI CMNTYS INC 0.9%

Value ($000) $2,658 Shares 113,336 Est. Cost $23.45 Unrealized —

— NEXEO SOLUTIONS INC 0.7%

Value ($000) $2,093 Shares 224,780 Est. Cost $9.31 Unrealized —

— CLUBCORP HLDGS INC 0.6%

Value ($000) $1,749 Shares 121,853 Est. Cost $17.74 Unrealized —

— CIM COML TR CORP 0.4%

Value ($000) $1,311 Shares 84,846 Est. Cost $15.36 Unrealized —

— FORESTAR GROUP INC 0.3%

Value ($000) $993 Shares 1,000,000 Est. Cost $0.94 Unrealized —

ACRE ARES COML REAL ESTATE CORP 0.2%

Value ($000) $689 Shares 50,154 Est. Cost $12.49 Unrealized —

— ASHFORD HOSPITALITY PRIME IN 0.2%

Value ($000) $571 Shares 26,500 Est. Cost $22.57 Unrealized —

— FORESTAR GROUP INC 0.1%

Value ($000) $213 Shares 16,031 Est. Cost $14.64 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	208,300	$46,561	15.4%	$223.52	—	Put	78462F103
SPY	SPDR S&P 500 ETF TR	194,900	$43,566	14.5%	$223.52	—	Call	78462F103
—	SINCLAIR BROADCAST GROUP INC	572,021	$19,077	6.3%	$33.35	—	CL A	829226109
—	LYON WILLIAM HOMES	758,473	$14,434	4.8%	$16.44	—	CL A NEW	552074700
NVR	NVR INC	8,361	$13,955	4.6%	$1596.56	0.0%	COM	62944T105
SCI	SERVICE CORP INTL	441,720	$12,545	4.2%	$26.66	0.0%	COM	817565104
—	LIBERTY EXPEDIA HOLDINGS	301,817	$11,973	4.0%	$39.67	—	SER A COM	53046P109
—	COMMERCEHUB INC	708,477	$10,648	3.5%	$15.91	—	COM SER C	20084V306
—	FELCOR LODGING TR INC	1,203,549	$9,640	3.2%	$8.01	—	COM	31430F101
—	AMERICAN CAP LTD	510,569	$9,149	3.0%	$15.83	—	COM	02503Y103
SPY	SPDR S&P 500 ETF TR	40,564	$9,067	3.0%	$223.52	—	TR UNIT	78462F103
—	REALOGY HLDGS CORP	339,058	$8,724	2.9%	$26.20	—	COM	75605Y106
AIG	AMERICAN INTL GROUP INC	127,063	$8,298	2.8%	$45.06	+10.5%	COM NEW	026874784
—	FORTERRA INC	369,515	$8,004	2.7%	$21.66	—	COM	34960W106
—	MACQUARIE INFRASTRUCTURE COR	96,633	$7,895	2.6%	$71.16	—	COM	55608B105
—	NEW YORK REIT INC	778,319	$7,877	2.6%	$9.17	—	COM	64976L109
—	ASHFORD HOSPITALITY PRIME IN	574,659	$7,844	2.6%	$14.38	—	COM	044102101
BALL	BALL CORP	93,763	$7,039	2.3%	$35.04	0.0%	COM	058498106
—	CONTINENTAL BLDG PRODS INC	303,424	$7,009	2.3%	$22.42	—	COM	211171103
LIND	LINDBLAD EXPEDITIONS HLDGS I	612,574	$5,789	1.9%	$9.87	-7.6%	COM	535219109
—	TRAVELPORT WORLDWIDE LTD	387,944	$5,470	1.8%	$14.79	—	SHS	G9019D104
—	OFFICE DEPOT INC	991,508	$4,482	1.5%	$3.57	—	COM	676220106
PLAY	DAVE & BUSTERS ENTMT INC	58,200	$3,277	1.1%	$40.11	+15.8%	COM	238337109
NXST	NEXSTAR BROADCASTING GROUP I	51,174	$3,239	1.1%	$42.00	+6.4%	CL A	65336K103
MHO	M/I HOMES INC	114,602	$2,886	1.0%	$22.93	+2.7%	COM	55305B101
EBAY	EBAY INC	91,558	$2,718	0.9%	$26.28	0.0%	COM	278642103
—	WCI CMNTYS INC	113,336	$2,658	0.9%	$23.45	—	COM PAR $0.01	92923C807
—	NEXEO SOLUTIONS INC	224,780	$2,093	0.7%	$9.31	—	COM SHS	65342H102
—	CLUBCORP HLDGS INC	121,853	$1,749	0.6%	$17.74	—	COM	18948M108
—	CIM COML TR CORP	84,846	$1,311	0.4%	$15.36	—	COM	125525105
—	FORESTAR GROUP INC	1,000,000	$993	0.3%	$0.94	—	NOTE 3.750% 3/0	346232AB7
ACRE	ARES COML REAL ESTATE CORP	50,154	$689	0.2%	$12.49	—	COM	04013V108
—	ASHFORD HOSPITALITY PRIME IN	26,500	$571	0.2%	$22.57	—	PFD CV SER B	044102507
—	FORESTAR GROUP INC	16,031	$213	0.1%	$14.64	—	COM	346233109