GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value ($000): $158,677 (100.0% shares, 0.0% debt)

Holdings (26)

— GMS INC 10.5%

Value ($000) $16,737 Shares 721,433 Est. Cost $32.75 Unrealized —

NMRK NEWMARK GROUP INC 9.7%

Value ($000) $15,320 Shares 1,369,021 Est. Cost $13.38 Unrealized -13.7%

— BGC PARTNERS INC 9.2%

Value ($000) $14,656 Shares 1,240,000 Est. Cost $11.82 Unrealized —

— FGL HLDGS 9.0%

Value ($000) $14,284 Shares 1,596,017 Est. Cost $8.61 Unrealized —

— US XPRESS ENTERPRISES INC 8.8%

Value ($000) $13,975 Shares 1,012,693 Est. Cost $15.14 Unrealized —

CCS CENTURY CMNTYS INC 8.7%

Value ($000) $13,778 Shares 524,876 Est. Cost $23.36 Unrealized +20.1%

MHO M/I HOMES INC 7.2%

Value ($000) $11,431 Shares 477,668 Est. Cost $29.80 Unrealized -12.9%

WHR WHIRLPOOL CORP 5.3%

Value ($000) $8,431 Shares 71,000 Est. Cost $132.55 Unrealized 0.0%

XRT SPDR SERIES TRUST 4.1%

Value ($000) $6,505 Shares 127,500 Est. Cost $41.82 Unrealized —

— HOUGHTON MIFFLIN HARCOURT CO 3.9%

Value ($000) $6,161 Shares 880,086 Est. Cost $7.00 Unrealized —

BRSL INTERNATIONAL GAME TECHNOLOG 3.7%

Value ($000) $5,886 Shares 298,000 Est. Cost $13.83 Unrealized 0.0%

ROAD CONSTRUCTION PARTNERS INC 3.4%

Value ($000) $5,350 Shares 442,179 Est. Cost $12.60 Unrealized -3.2%

— BERRY GLOBAL GROUP INC 3.2%

Value ($000) $5,091 Shares 105,200 Est. Cost $45.94 Unrealized —

MAS MASCO CORP 3.0%

Value ($000) $4,747 Shares 129,708 Est. Cost $34.09 Unrealized +0.2%

OC OWENS CORNING NEW 2.2%

Value ($000) $3,452 Shares 63,600 Est. Cost $69.05 Unrealized -12.8%

TLT ISHARES TR 1.7%

Value ($000) $2,756 Shares 23,500 Est. Cost — Unrealized —

MLM MARTIN MARIETTA MATLS INC 1.4%

Value ($000) $2,153 Shares 11,832 Est. Cost $203.31 Unrealized -3.9%

— DIFFERENTIAL BRANDS GROUP IN 0.9%

Value ($000) $1,355 Shares 333,717 Est. Cost $4.06 Unrealized —

PETS PETMED EXPRESS INC 0.7%

Value ($000) $1,137 Shares 34,453 Est. Cost $37.37 Unrealized 0.0%

— MESA AIR GROUP INC 0.7%

Value ($000) $1,040 Shares 75,000 Est. Cost $13.87 Unrealized —

— COHERENT INC 0.7%

Value ($000) $1,038 Shares 6,030 Est. Cost $187.40 Unrealized —

NXST NEXSTAR MEDIA GROUP INC 0.6%

Value ($000) $953 Shares 11,708 Est. Cost $51.00 Unrealized +24.4%

— BGC PARTNERS INC 0.5%

Value ($000) $840 Shares 71,082 Est. Cost $11.82 Unrealized —

NMRK NEWMARK GROUP INC 0.5%

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

— FGL HLDGS 0.4%

Value ($000) $559 Shares 283,333 Est. Cost $1.20 Unrealized —

BXC BLUELINX HLDGS INC 0.2%

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

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	GMS INC	721,433	$16,737	10.5%	$32.75	—	COM	36251C103
NMRK	NEWMARK GROUP INC	1,369,021	$15,320	9.7%	$13.38	-13.7%	CL A	65158N102
—	BGC PARTNERS INC	1,240,000	$14,656	9.2%	$11.82	—	Call	05541T101
—	FGL HLDGS	1,596,017	$14,284	9.0%	$8.61	—	ORD SHS	G3402M102
—	US XPRESS ENTERPRISES INC	1,012,693	$13,975	8.8%	$15.14	—	COM CL A	90338N202
CCS	CENTURY CMNTYS INC	524,876	$13,778	8.7%	$23.36	+20.1%	COM	156504300
MHO	M/I HOMES INC	477,668	$11,431	7.2%	$29.80	-12.9%	COM	55305B101
WHR	WHIRLPOOL CORP	71,000	$8,431	5.3%	$132.55	0.0%	COM	963320106
XRT	SPDR SERIES TRUST	127,500	$6,505	4.1%	$41.82	—	Put	78464A714
—	HOUGHTON MIFFLIN HARCOURT CO	880,086	$6,161	3.9%	$7.00	—	COM	44157R109
BRSL	INTERNATIONAL GAME TECHNOLOG	298,000	$5,886	3.7%	$13.83	0.0%	SHS USD	G4863A108
ROAD	CONSTRUCTION PARTNERS INC	442,179	$5,350	3.4%	$12.60	-3.2%	COM CL A	21044C107
—	BERRY GLOBAL GROUP INC	105,200	$5,091	3.2%	$45.94	—	COM	08579W103
MAS	MASCO CORP	129,708	$4,747	3.0%	$34.09	+0.2%	COM	574599106
OC	OWENS CORNING NEW	63,600	$3,452	2.2%	$69.05	-12.8%	COM	690742101
TLT	ISHARES TR	23,500	$2,756	1.7%	—	—	Put	464287432
MLM	MARTIN MARIETTA MATLS INC	11,832	$2,153	1.4%	$203.31	-3.9%	COM	573284106
—	DIFFERENTIAL BRANDS GROUP IN	333,717	$1,355	0.9%	$4.06	—	COM	25374L108
PETS	PETMED EXPRESS INC	34,453	$1,137	0.7%	$37.37	0.0%	COM	716382106
—	MESA AIR GROUP INC	75,000	$1,040	0.7%	$13.87	—	COM NEW	590479135
—	COHERENT INC	6,030	$1,038	0.7%	$187.40	—	COM	192479103
NXST	NEXSTAR MEDIA GROUP INC	11,708	$953	0.6%	$51.00	+24.4%	CL A	65336K103
—	BGC PARTNERS INC	71,082	$840	0.5%	$11.82	—	CL A	05541T101
NMRK	NEWMARK GROUP INC	65,000	$727	0.5%	$13.38	-13.7%	Call	65158N102
—	FGL HLDGS	283,333	$559	0.4%	$1.20	—	*W EXP 11/30/202	G3402M110
BXC	BLUELINX HLDGS INC	10,000	$315	0.2%	$18.58	+94.0%	Call	09624H208