GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 15, 2017

Total Value ($000): $477,809 (99.8% shares, 0.2% debt)

Holdings (40)

SPY SPDR S&P 500 ETF TR 54.7%

Value ($000) $261,433 Shares 1,109,000 Est. Cost $223.52 Unrealized —

— FOUNDATION BLDG MATLS INC 3.1%

Value ($000) $14,766 Shares 924,621 Est. Cost $15.97 Unrealized —

NXST NEXSTAR MEDIA GROUP INC 3.1%

Value ($000) $14,612 Shares 208,303 Est. Cost $49.91 Unrealized +5.2%

SEE SEALED AIR CORP NEW 2.4%

Value ($000) $11,492 Shares 263,697 Est. Cost $40.21 Unrealized 0.0%

— COMMERCEHUB INC 2.2%

Value ($000) $10,746 Shares 691,960 Est. Cost $15.91 Unrealized —

AIG AMERICAN INTL GROUP INC 2.2%

Value ($000) $10,371 Shares 166,117 Est. Cost $46.50 Unrealized +10.0%

— ALTISOURCE RESIDENTIAL CORP 1.9%

Value ($000) $9,171 Shares 601,357 Est. Cost $15.25 Unrealized —

— FORTERRA INC 1.9%

Value ($000) $9,064 Shares 464,839 Est. Cost $21.22 Unrealized —

— TRAVELPORT WORLDWIDE LTD 1.7%

Value ($000) $8,293 Shares 704,548 Est. Cost $13.43 Unrealized —

— LYON WILLIAM HOMES 1.7%

Value ($000) $8,087 Shares 392,215 Est. Cost $16.44 Unrealized —

HGV HILTON GRAND VACATIONS INC 1.6%

Value ($000) $7,701 Shares 268,719 Est. Cost $28.53 Unrealized 0.0%

XLY SELECT SECTOR SPDR TR 1.6%

Value ($000) $7,472 Shares 84,957 Est. Cost $87.95 Unrealized —

MHO M/I HOMES INC 1.5%

Value ($000) $7,259 Shares 296,294 Est. Cost $23.90 Unrealized +2.6%

XRT SPDR SERIES TRUST 1.5%

Value ($000) $7,013 Shares 166,026 Est. Cost $42.24 Unrealized —

BALL BALL CORP 1.5%

Value ($000) $6,963 Shares 93,763 Est. Cost $35.04 Unrealized -3.3%

— TIME INC NEW 1.4%

Value ($000) $6,849 Shares 353,960 Est. Cost $19.35 Unrealized —

— FELCOR LODGING TR INC 1.4%

Value ($000) $6,806 Shares 906,284 Est. Cost $8.01 Unrealized —

FNF FIDELITY NATIONAL FINANCIAL 1.2%

Value ($000) $5,770 Shares 148,184 Est. Cost $17.80 Unrealized 0.0%

— LIBERTY EXPEDIA HOLDINGS 1.1%

Value ($000) $5,462 Shares 120,100 Est. Cost $39.67 Unrealized —

— ASHFORD HOSPITALITY PRIME IN 1.1%

Value ($000) $5,327 Shares 502,061 Est. Cost $14.38 Unrealized —

LIND LINDBLAD EXPEDITIONS HLDGS I 1.1%

Value ($000) $5,161 Shares 575,973 Est. Cost $9.87 Unrealized -7.2%

ARCC ARES CAP CORP 1.0%

Value ($000) $4,627 Shares 266,218 Est. Cost $7.44 Unrealized 0.0%

— SINCLAIR BROADCAST GROUP INC 0.9%

Value ($000) $4,398 Shares 108,592 Est. Cost $33.35 Unrealized —

SCI SERVICE CORP INTL 0.9%

Value ($000) $4,297 Shares 139,166 Est. Cost $26.66 Unrealized +12.9%

— CONTINENTAL BLDG PRODS INC 0.9%

Value ($000) $4,285 Shares 174,892 Est. Cost $22.42 Unrealized —

— MONOGRAM RESIDENTIAL TR INC 0.9%

Value ($000) $4,229 Shares 424,134 Est. Cost $9.97 Unrealized —

— OFFICE DEPOT INC 0.6%

Value ($000) $3,028 Shares 649,074 Est. Cost $3.57 Unrealized —

LULU LULULEMON ATHLETICA INC 0.6%

Value ($000) $2,842 Shares 54,800 Est. Cost — Unrealized —

TGT TARGET CORP 0.6%

Value ($000) $2,715 Shares 49,188 Est. Cost $47.99 Unrealized 0.0%

— PHH CORP 0.6%

Value ($000) $2,655 Shares 208,526 Est. Cost $12.73 Unrealized —

DG DOLLAR GEN CORP NEW 0.6%

Value ($000) $2,629 Shares 37,705 Est. Cost $65.27 Unrealized 0.0%

— L BRANDS INC 0.5%

Value ($000) $2,553 Shares 54,200 Est. Cost — Unrealized —

— ALTISOURCE ASSET MGMT CORP 0.5%

Value ($000) $2,226 Shares 29,579 Est. Cost $75.26 Unrealized —

— NEXEO SOLUTIONS INC 0.4%

Value ($000) $1,992 Shares 224,780 Est. Cost $9.31 Unrealized —

— CLUBCORP HLDGS INC 0.3%

Value ($000) $1,607 Shares 100,153 Est. Cost $17.74 Unrealized —

— CIM COML TR CORP 0.3%

Value ($000) $1,366 Shares 84,846 Est. Cost $15.36 Unrealized —

— FORESTAR GROUP INC 0.2%

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

IWM ISHARES TR 0.2%

Value ($000) $945 Shares 6,871 Est. Cost $137.53 Unrealized —

— ASHFORD HOSPITALITY PRIME IN 0.1%

Value ($000) $521 Shares 26,500 Est. Cost $22.57 Unrealized —

— COMMERCEHUB INC 0.0%

Value ($000) $83 Shares 5,388 Est. Cost $15.40 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,109,000	$261,433	54.7%	$223.52	—	Call	78462F103
—	FOUNDATION BLDG MATLS INC	924,621	$14,766	3.1%	$15.97	—	COM	350392106
NXST	NEXSTAR MEDIA GROUP INC	208,303	$14,612	3.1%	$49.91	+5.2%	CL A	65336K103
SEE	SEALED AIR CORP NEW	263,697	$11,492	2.4%	$40.21	0.0%	COM	81211K100
—	COMMERCEHUB INC	691,960	$10,746	2.2%	$15.91	—	COM SER C	20084V306
AIG	AMERICAN INTL GROUP INC	166,117	$10,371	2.2%	$46.50	+10.0%	COM NEW	026874784
—	ALTISOURCE RESIDENTIAL CORP	601,357	$9,171	1.9%	$15.25	—	CL B	02153W100
—	FORTERRA INC	464,839	$9,064	1.9%	$21.22	—	COM	34960W106
—	TRAVELPORT WORLDWIDE LTD	704,548	$8,293	1.7%	$13.43	—	SHS	G9019D104
—	LYON WILLIAM HOMES	392,215	$8,087	1.7%	$16.44	—	CL A NEW	552074700
HGV	HILTON GRAND VACATIONS INC	268,719	$7,701	1.6%	$28.53	0.0%	COM	43283X105
XLY	SELECT SECTOR SPDR TR	84,957	$7,472	1.6%	$87.95	—	SBI CONS DISCR	81369Y407
MHO	M/I HOMES INC	296,294	$7,259	1.5%	$23.90	+2.6%	COM	55305B101
XRT	SPDR SERIES TRUST	166,026	$7,013	1.5%	$42.24	—	S&P RETAIL ETF	78464A714
BALL	BALL CORP	93,763	$6,963	1.5%	$35.04	-3.3%	COM	058498106
—	TIME INC NEW	353,960	$6,849	1.4%	$19.35	—	COM	887228104
—	FELCOR LODGING TR INC	906,284	$6,806	1.4%	$8.01	—	COM	31430F101
FNF	FIDELITY NATIONAL FINANCIAL	148,184	$5,770	1.2%	$17.80	0.0%	FNF GROUP COM	31620R303
—	LIBERTY EXPEDIA HOLDINGS	120,100	$5,462	1.1%	$39.67	—	SER A COM	53046P109
—	ASHFORD HOSPITALITY PRIME IN	502,061	$5,327	1.1%	$14.38	—	COM	044102101
LIND	LINDBLAD EXPEDITIONS HLDGS I	575,973	$5,161	1.1%	$9.87	-7.2%	COM	535219109
ARCC	ARES CAP CORP	266,218	$4,627	1.0%	$7.44	0.0%	COM	04010L103
—	SINCLAIR BROADCAST GROUP INC	108,592	$4,398	0.9%	$33.35	—	CL A	829226109
SCI	SERVICE CORP INTL	139,166	$4,297	0.9%	$26.66	+12.9%	COM	817565104
—	CONTINENTAL BLDG PRODS INC	174,892	$4,285	0.9%	$22.42	—	COM	211171103
—	MONOGRAM RESIDENTIAL TR INC	424,134	$4,229	0.9%	$9.97	—	COM	60979P105
—	OFFICE DEPOT INC	649,074	$3,028	0.6%	$3.57	—	COM	676220106
LULU	LULULEMON ATHLETICA INC	54,800	$2,842	0.6%	—	—	Put	550021109
TGT	TARGET CORP	49,188	$2,715	0.6%	$47.99	0.0%	COM	87612E106
—	PHH CORP	208,526	$2,655	0.6%	$12.73	—	COM NEW	693320202
DG	DOLLAR GEN CORP NEW	37,705	$2,629	0.6%	$65.27	0.0%	COM	256677105
—	L BRANDS INC	54,200	$2,553	0.5%	—	—	Call	501797104
—	ALTISOURCE ASSET MGMT CORP	29,579	$2,226	0.5%	$75.26	—	COM	02153X108
—	NEXEO SOLUTIONS INC	224,780	$1,992	0.4%	$9.31	—	COM SHS	65342H102
—	CLUBCORP HLDGS INC	100,153	$1,607	0.3%	$17.74	—	COM	18948M108
—	CIM COML TR CORP	84,846	$1,366	0.3%	$15.36	—	COM	125525105
—	FORESTAR GROUP INC	1,000,000	$993	0.2%	$0.94	—	NOTE 3.750% 3/0	346232AB7
IWM	ISHARES TR	6,871	$945	0.2%	$137.53	—	RUSSELL 2000 ETF	464287655
—	ASHFORD HOSPITALITY PRIME IN	26,500	$521	0.1%	$22.57	—	PFD CV SER B	044102507
—	COMMERCEHUB INC	5,388	$83	0.0%	$15.40	—	COM SER A	20084V108