GRATIA CAPITAL, LLC Hedge Fund

Location: Los Angeles, CA

CIK: 0001599793 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value: $159M (100.0% shares, 0.0% debt)

Holdings (26)

— GMS INC 10.5%

Value $16.74M Shares 721,433 Est. Cost $32.75 Unrealized —

NMRK NEWMARK GROUP INC 9.7%

Value $15.32M Shares 1,369,021 Est. Cost $13.38 Unrealized -13.7%

— BGC PARTNERS INC 9.2%

Value $14.66M Shares 1,240,000 Est. Cost $11.82 Unrealized —

— FGL HLDGS 9.0%

Value $14.28M Shares 1,596,017 Est. Cost $8.61 Unrealized —

— US XPRESS ENTERPRISES INC 8.8%

Value $13.97M Shares 1,012,693 Est. Cost $15.14 Unrealized —

CCS CENTURY CMNTYS INC 8.7%

Value $13.78M Shares 524,876 Est. Cost $23.36 Unrealized +20.1%

MHO M/I HOMES INC 7.2%

Value $11.43M Shares 477,668 Est. Cost $29.80 Unrealized -12.9%

WHR WHIRLPOOL CORP 5.3%

Value $8.431M Shares 71,000 Est. Cost $132.55 Unrealized 0.0%

XRT SPDR SERIES TRUST 4.1%

Value $6.505M Shares 127,500 Est. Cost $41.82 Unrealized —

— HOUGHTON MIFFLIN HARCOURT CO 3.9%

Value $6.161M Shares 880,086 Est. Cost $7.00 Unrealized —

BRSL INTERNATIONAL GAME TECHNOLOG 3.7%

Value $5.886M Shares 298,000 Est. Cost $13.83 Unrealized 0.0%

ROAD CONSTRUCTION PARTNERS INC 3.4%

Value $5.35M Shares 442,179 Est. Cost $12.60 Unrealized -3.2%

— BERRY GLOBAL GROUP INC 3.2%

Value $5.091M Shares 105,200 Est. Cost $45.94 Unrealized —

MAS MASCO CORP 3.0%

Value $4.747M Shares 129,708 Est. Cost $34.09 Unrealized +0.2%

OC OWENS CORNING NEW 2.2%

Value $3.452M Shares 63,600 Est. Cost $69.05 Unrealized -12.8%

TLT ISHARES TR 1.7%

Value $2.756M Shares 23,500 Est. Cost — Unrealized —

MLM MARTIN MARIETTA MATLS INC 1.4%

Value $2.153M Shares 11,832 Est. Cost $203.31 Unrealized -3.9%

— DIFFERENTIAL BRANDS GROUP IN 0.9%

Value $1.355M Shares 333,717 Est. Cost $4.06 Unrealized —

PETS PETMED EXPRESS INC 0.7%

Value $1.137M Shares 34,453 Est. Cost $37.37 Unrealized 0.0%

— MESA AIR GROUP INC 0.7%

Value $1.04M Shares 75,000 Est. Cost $13.87 Unrealized —

— COHERENT INC 0.7%

Value $1.038M Shares 6,030 Est. Cost $187.40 Unrealized —

NXST NEXSTAR MEDIA GROUP INC 0.6%

Value $953K Shares 11,708 Est. Cost $51.00 Unrealized +24.4%

— BGC PARTNERS INC 0.5%

Value $840K Shares 71,082 Est. Cost $11.82 Unrealized —

NMRK NEWMARK GROUP INC 0.5%

Value $727K Shares 65,000 Est. Cost $13.38 Unrealized -13.7%

— FGL HLDGS 0.4%

Value $559K Shares 283,333 Est. Cost $1.20 Unrealized —

BXC BLUELINX HLDGS INC 0.2%

Value $315K Shares 10,000 Est. Cost $18.58 Unrealized +94.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	GMS INC	721,433	$16.74M	10.5%	$32.75	—	COM	36251C103
NMRK	NEWMARK GROUP INC	1,369,021	$15.32M	9.7%	$13.38	-13.7%	CL A	65158N102
—	BGC PARTNERS INC	1,240,000	$14.66M	9.2%	$11.82	—	Call	05541T101
—	FGL HLDGS	1,596,017	$14.28M	9.0%	$8.61	—	ORD SHS	G3402M102
—	US XPRESS ENTERPRISES INC	1,012,693	$13.97M	8.8%	$15.14	—	COM CL A	90338N202
CCS	CENTURY CMNTYS INC	524,876	$13.78M	8.7%	$23.36	+20.1%	COM	156504300
MHO	M/I HOMES INC	477,668	$11.43M	7.2%	$29.80	-12.9%	COM	55305B101
WHR	WHIRLPOOL CORP	71,000	$8.431M	5.3%	$132.55	0.0%	COM	963320106
XRT	SPDR SERIES TRUST	127,500	$6.505M	4.1%	$41.82	—	Put	78464A714
—	HOUGHTON MIFFLIN HARCOURT CO	880,086	$6.161M	3.9%	$7.00	—	COM	44157R109
BRSL	INTERNATIONAL GAME TECHNOLOG	298,000	$5.886M	3.7%	$13.83	0.0%	SHS USD	G4863A108
ROAD	CONSTRUCTION PARTNERS INC	442,179	$5.35M	3.4%	$12.60	-3.2%	COM CL A	21044C107
—	BERRY GLOBAL GROUP INC	105,200	$5.091M	3.2%	$45.94	—	COM	08579W103
MAS	MASCO CORP	129,708	$4.747M	3.0%	$34.09	+0.2%	COM	574599106
OC	OWENS CORNING NEW	63,600	$3.452M	2.2%	$69.05	-12.8%	COM	690742101
TLT	ISHARES TR	23,500	$2.756M	1.7%	—	—	Put	464287432
MLM	MARTIN MARIETTA MATLS INC	11,832	$2.153M	1.4%	$203.31	-3.9%	COM	573284106
—	DIFFERENTIAL BRANDS GROUP IN	333,717	$1.355M	0.9%	$4.06	—	COM	25374L108
PETS	PETMED EXPRESS INC	34,453	$1.137M	0.7%	$37.37	0.0%	COM	716382106
—	MESA AIR GROUP INC	75,000	$1.04M	0.7%	$13.87	—	COM NEW	590479135
—	COHERENT INC	6,030	$1.038M	0.7%	$187.40	—	COM	192479103
NXST	NEXSTAR MEDIA GROUP INC	11,708	$953K	0.6%	$51.00	+24.4%	CL A	65336K103
—	BGC PARTNERS INC	71,082	$840K	0.5%	$11.82	—	CL A	05541T101
NMRK	NEWMARK GROUP INC	65,000	$727K	0.5%	$13.38	-13.7%	Call	65158N102
—	FGL HLDGS	283,333	$559K	0.4%	$1.20	—	*W EXP 11/30/202	G3402M110
BXC	BLUELINX HLDGS INC	10,000	$315K	0.2%	$18.58	+94.0%	Call	09624H208