GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 14, 2017

Total Value ($000): $341,719 (99.7% shares, 0.3% debt)

Holdings (35)

SPY SPDR S&P 500 ETF TR 30.8%

Value ($000) $105,280 Shares 435,400 Est. Cost — Unrealized —

LGIH LGI HOMES INC 9.0%

Value ($000) $30,906 Shares 769,200 Est. Cost $33.56 Unrealized 0.0%

NXST NEXSTAR MEDIA GROUP INC 8.8%

Value ($000) $30,099 Shares 503,324 Est. Cost $49.53 Unrealized -0.5%

— AMC ENTMT HLDGS INC 6.9%

Value ($000) $23,418 Shares 1,029,357 Est. Cost $22.75 Unrealized —

— CONTINENTAL BLDG PRODS INC 4.7%

Value ($000) $16,134 Shares 692,440 Est. Cost $23.08 Unrealized —

— FOUNDATION BLDG MATLS INC 3.9%

Value ($000) $13,471 Shares 1,047,517 Est. Cost $15.60 Unrealized —

UPBD RENT A CTR INC NEW 3.6%

Value ($000) $12,244 Shares 1,044,728 Est. Cost $11.30 Unrealized 0.0%

— COMMERCEHUB INC 2.5%

Value ($000) $8,598 Shares 493,031 Est. Cost $15.91 Unrealized —

— TRAVELPORT WORLDWIDE LTD 2.2%

Value ($000) $7,472 Shares 542,994 Est. Cost $13.43 Unrealized —

ARCC ARES CAP CORP 2.0%

Value ($000) $6,796 Shares 414,908 Est. Cost $7.43 Unrealized -0.2%

HGV HILTON GRAND VACATIONS INC 1.9%

Value ($000) $6,600 Shares 183,019 Est. Cost $28.53 Unrealized +20.9%

— FELCOR LODGING TR INC 1.9%

Value ($000) $6,534 Shares 906,284 Est. Cost $8.01 Unrealized —

AIG AMERICAN INTL GROUP INC 1.9%

Value ($000) $6,336 Shares 101,338 Est. Cost $46.50 Unrealized +7.1%

LIND LINDBLAD EXPEDITIONS HLDGS I 1.8%

Value ($000) $6,048 Shares 575,973 Est. Cost $9.87 Unrealized -4.1%

— ALTISOURCE RESIDENTIAL CORP 1.7%

Value ($000) $5,976 Shares 461,836 Est. Cost $15.25 Unrealized —

— ULTRA PETROLEUM CORP 1.6%

Value ($000) $5,337 Shares 491,853 Est. Cost $10.85 Unrealized —

— ASHFORD HOSPITALITY PRIME IN 1.5%

Value ($000) $5,166 Shares 502,061 Est. Cost $14.38 Unrealized —

XLY SELECT SECTOR SPDR TR 1.5%

Value ($000) $5,139 Shares 57,341 Est. Cost $87.95 Unrealized —

— NATIONAL CINEMEDIA INC 1.4%

Value ($000) $4,819 Shares 649,464 Est. Cost $7.42 Unrealized —

— GIGAMON INC 1.4%

Value ($000) $4,751 Shares 120,727 Est. Cost $39.35 Unrealized —

SEE SEALED AIR CORP NEW 1.2%

Value ($000) $4,263 Shares 95,243 Est. Cost $40.21 Unrealized -5.8%

— SERVICEMASTER GLOBAL HLDGS I 1.0%

Value ($000) $3,445 Shares 87,914 Est. Cost $39.19 Unrealized —

— MONOGRAM RESIDENTIAL TR INC 0.9%

Value ($000) $3,065 Shares 315,654 Est. Cost $9.97 Unrealized —

DLTH DULUTH HLDGS INC 0.7%

Value ($000) $2,504 Shares 137,484 Est. Cost $19.81 Unrealized 0.0%

— MACQUARIE INFRASTRUCTURE COR 0.7%

Value ($000) $2,396 Shares 30,563 Est. Cost $78.40 Unrealized —

XRT SPDR SERIES TRUST 0.7%

Value ($000) $2,384 Shares 58,549 Est. Cost $42.24 Unrealized —

— LIBERTY EXPEDIA HOLDINGS 0.7%

Value ($000) $2,312 Shares 42,804 Est. Cost $39.67 Unrealized —

— FORTERRA INC 0.6%

Value ($000) $2,123 Shares 257,992 Est. Cost $21.22 Unrealized —

— NEXEO SOLUTIONS INC 0.6%

Value ($000) $2,074 Shares 249,900 Est. Cost $9.21 Unrealized —

— ALTISOURCE ASSET MGMT CORP 0.6%

Value ($000) $2,056 Shares 22,510 Est. Cost $75.26 Unrealized —

— OFFICE DEPOT INC 0.4%

Value ($000) $1,317 Shares 233,436 Est. Cost $3.57 Unrealized —

— FORESTAR GROUP INC 0.3%

Value ($000) $1,018 Shares 1,000,000 Est. Cost $0.94 Unrealized —

CCS CENTURY CMNTYS INC 0.3%

Value ($000) $925 Shares 37,316 Est. Cost $24.19 Unrealized 0.0%

— ASHFORD HOSPITALITY PRIME IN 0.2%

Value ($000) $528 Shares 26,500 Est. Cost $22.57 Unrealized —

— CIM COML TR CORP 0.1%

Value ($000) $185 Shares 11,613 Est. Cost $15.36 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	435,400	$105,280	30.8%	—	—	Call	78462F103
LGIH	LGI HOMES INC	769,200	$30,906	9.0%	$33.56	0.0%	COM	50187T106
NXST	NEXSTAR MEDIA GROUP INC	503,324	$30,099	8.8%	$49.53	-0.5%	CL A	65336K103
—	AMC ENTMT HLDGS INC	1,029,357	$23,418	6.9%	$22.75	—	CL A COM	00165C104
—	CONTINENTAL BLDG PRODS INC	692,440	$16,134	4.7%	$23.08	—	COM	211171103
—	FOUNDATION BLDG MATLS INC	1,047,517	$13,471	3.9%	$15.60	—	COM	350392106
UPBD	RENT A CTR INC NEW	1,044,728	$12,244	3.6%	$11.30	0.0%	COM	76009N100
—	COMMERCEHUB INC	493,031	$8,598	2.5%	$15.91	—	COM SER C	20084V306
—	TRAVELPORT WORLDWIDE LTD	542,994	$7,472	2.2%	$13.43	—	SHS	G9019D104
ARCC	ARES CAP CORP	414,908	$6,796	2.0%	$7.43	-0.2%	COM	04010L103
HGV	HILTON GRAND VACATIONS INC	183,019	$6,600	1.9%	$28.53	+20.9%	COM	43283X105
—	FELCOR LODGING TR INC	906,284	$6,534	1.9%	$8.01	—	COM	31430F101
AIG	AMERICAN INTL GROUP INC	101,338	$6,336	1.9%	$46.50	+7.1%	COM NEW	026874784
LIND	LINDBLAD EXPEDITIONS HLDGS I	575,973	$6,048	1.8%	$9.87	-4.1%	COM	535219109
—	ALTISOURCE RESIDENTIAL CORP	461,836	$5,976	1.7%	$15.25	—	CL B	02153W100
—	ULTRA PETROLEUM CORP	491,853	$5,337	1.6%	$10.85	—	COM NEW	903914208
—	ASHFORD HOSPITALITY PRIME IN	502,061	$5,166	1.5%	$14.38	—	COM	044102101
XLY	SELECT SECTOR SPDR TR	57,341	$5,139	1.5%	$87.95	—	SBI CONS DISCR	81369Y407
—	NATIONAL CINEMEDIA INC	649,464	$4,819	1.4%	$7.42	—	COM	635309107
—	GIGAMON INC	120,727	$4,751	1.4%	$39.35	—	COM	37518B102
SEE	SEALED AIR CORP NEW	95,243	$4,263	1.2%	$40.21	-5.8%	COM	81211K100
—	SERVICEMASTER GLOBAL HLDGS I	87,914	$3,445	1.0%	$39.19	—	COM	81761R109
—	MONOGRAM RESIDENTIAL TR INC	315,654	$3,065	0.9%	$9.97	—	COM	60979P105
DLTH	DULUTH HLDGS INC	137,484	$2,504	0.7%	$19.81	0.0%	COM CL B	26443V101
—	MACQUARIE INFRASTRUCTURE COR	30,563	$2,396	0.7%	$78.40	—	COM	55608B105
XRT	SPDR SERIES TRUST	58,549	$2,384	0.7%	$42.24	—	S&P RETAIL ETF	78464A714
—	LIBERTY EXPEDIA HOLDINGS	42,804	$2,312	0.7%	$39.67	—	SER A COM	53046P109
—	FORTERRA INC	257,992	$2,123	0.6%	$21.22	—	COM	34960W106
—	NEXEO SOLUTIONS INC	249,900	$2,074	0.6%	$9.21	—	COM SHS	65342H102
—	ALTISOURCE ASSET MGMT CORP	22,510	$2,056	0.6%	$75.26	—	COM	02153X108
—	OFFICE DEPOT INC	233,436	$1,317	0.4%	$3.57	—	COM	676220106
—	FORESTAR GROUP INC	1,000,000	$1,018	0.3%	$0.94	—	NOTE 3.750% 3/0	346232AB7
CCS	CENTURY CMNTYS INC	37,316	$925	0.3%	$24.19	0.0%	COM	156504300
—	ASHFORD HOSPITALITY PRIME IN	26,500	$528	0.2%	$22.57	—	PFD CV SER B	044102507
—	CIM COML TR CORP	11,613	$185	0.1%	$15.36	—	COM	125525105