GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value ($000): $82,822 (100.0% shares, 0.0% debt)

Holdings (28)

SPY SPDR S&P 500 ETF TR 29.1%

Value ($000) $24,140 Shares 75,000 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 19.4%

Value ($000) $16,093 Shares 50,000 Est. Cost — Unrealized —

CCS CENTURY CMNTYS INC 5.2%

Value ($000) $4,342 Shares 158,774 Est. Cost $23.70 Unrealized +15.7%

— NEW HOME CO INC 4.4%

Value ($000) $3,649 Shares 783,037 Est. Cost $4.29 Unrealized —

GLD SPDR GOLD TRUST 3.5%

Value ($000) $2,858 Shares 20,000 Est. Cost — Unrealized —

— HOUGHTON MIFFLIN HARCOURT CO 3.4%

Value ($000) $2,808 Shares 449,330 Est. Cost $5.79 Unrealized —

NMRK NEWMARK GROUP INC 3.4%

Value ($000) $2,804 Shares 208,380 Est. Cost $12.99 Unrealized -16.1%

— FGL HLDGS 3.2%

Value ($000) $2,634 Shares 247,320 Est. Cost $8.11 Unrealized —

MEC MAYVILLE ENGINEERING CO INC 2.9%

Value ($000) $2,414 Shares 257,375 Est. Cost $13.06 Unrealized -20.5%

— FS KKR CAPITAL CORP 2.8%

Value ($000) $2,328 Shares 379,700 Est. Cost $5.83 Unrealized —

— SELECT INTERIOR CONCEPTS INC 2.7%

Value ($000) $2,248 Shares 250,000 Est. Cost $8.99 Unrealized —

DAC DANAOS CORPORATION 2.5%

Value ($000) $2,070 Shares 225,496 Est. Cost $8.15 Unrealized 0.0%

— LYON WILLIAM HOMES 2.3%

Value ($000) $1,946 Shares 97,381 Est. Cost $15.80 Unrealized —

— BROADMARK RLTY CAP INC 2.3%

Value ($000) $1,892 Shares 148,427 Est. Cost $12.75 Unrealized —

UPBD RENT A CTR INC 2.2%

Value ($000) $1,854 Shares 64,300 Est. Cost $26.13 Unrealized 0.0%

CCS CENTURY CMNTYS INC 2.0%

Value ($000) $1,641 Shares 60,000 Est. Cost $23.70 Unrealized +15.7%

— CORNERSTONE BLDG BRANDS INC 1.5%

Value ($000) $1,212 Shares 142,429 Est. Cost $6.34 Unrealized —

Z ZILLOW GROUP INC 1.3%

Value ($000) $1,066 Shares 23,200 Est. Cost $39.83 Unrealized -6.5%

GIL GILDAN ACTIVEWEAR INC 1.3%

Value ($000) $1,057 Shares 35,800 Est. Cost $26.44 Unrealized 0.0%

GIL GILDAN ACTIVEWEAR INC 1.2%

Value ($000) $1,034 Shares 35,000 Est. Cost $26.44 Unrealized 0.0%

STNG SCORPIO TANKERS INC 0.9%

Value ($000) $732 Shares 18,600 Est. Cost $39.35 Unrealized —

NMRK NEWMARK GROUP INC 0.8%

Value ($000) $673 Shares 50,000 Est. Cost $12.99 Unrealized -16.1%

LEGH LEGACY HOUSING CORP 0.5%

Value ($000) $418 Shares 25,149 Est. Cost $12.01 Unrealized +30.6%

— WASHINGTON PRIME GROUP 0.4%

Value ($000) $291 Shares 80,000 Est. Cost — Unrealized —

KRUS KURA SUSHI USA INC 0.2%

Value ($000) $204 Shares 8,017 Est. Cost $22.02 Unrealized +0.2%

CC CHEMOURS CO 0.2%

Value ($000) $195 Shares 10,800 Est. Cost $12.50 Unrealized +4.0%

TROX TRONOX HOLDINGS PLC 0.1%

Value ($000) $116 Shares 10,200 Est. Cost $9.64 Unrealized +3.7%

— VENATOR MALTS PLC 0.1%

Value ($000) $103 Shares 26,865 Est. Cost $2.46 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	75,000	$24,140	29.1%	—	—	Put	78462F103
SPY	SPDR S&P 500 ETF TR	50,000	$16,093	19.4%	—	—	Call	78462F103
CCS	CENTURY CMNTYS INC	158,774	$4,342	5.2%	$23.70	+15.7%	COM	156504300
—	NEW HOME CO INC	783,037	$3,649	4.4%	$4.29	—	COM	645370107
GLD	SPDR GOLD TRUST	20,000	$2,858	3.5%	—	—	Call	78463V107
—	HOUGHTON MIFFLIN HARCOURT CO	449,330	$2,808	3.4%	$5.79	—	COM	44157R109
NMRK	NEWMARK GROUP INC	208,380	$2,804	3.4%	$12.99	-16.1%	CL A	65158N102
—	FGL HLDGS	247,320	$2,634	3.2%	$8.11	—	ORD SHS	G3402M102
MEC	MAYVILLE ENGINEERING CO INC	257,375	$2,414	2.9%	$13.06	-20.5%	COM	578605107
—	FS KKR CAPITAL CORP	379,700	$2,328	2.8%	$5.83	—	COM	302635107
—	SELECT INTERIOR CONCEPTS INC	250,000	$2,248	2.7%	$8.99	—	CL A	816120307
DAC	DANAOS CORPORATION	225,496	$2,070	2.5%	$8.15	0.0%	SHS	Y1968P121
—	LYON WILLIAM HOMES	97,381	$1,946	2.3%	$15.80	—	CL A	552074700
—	BROADMARK RLTY CAP INC	148,427	$1,892	2.3%	$12.75	—	COM	11135B100
UPBD	RENT A CTR INC	64,300	$1,854	2.2%	$26.13	0.0%	COM	76009N100
CCS	CENTURY CMNTYS INC	60,000	$1,641	2.0%	$23.70	+15.7%	Call	156504300
—	CORNERSTONE BLDG BRANDS INC	142,429	$1,212	1.5%	$6.34	—	COM	21925D109
Z	ZILLOW GROUP INC	23,200	$1,066	1.3%	$39.83	-6.5%	CL C CAP STK	98954M200
GIL	GILDAN ACTIVEWEAR INC	35,800	$1,057	1.3%	$26.44	0.0%	COM	375916103
GIL	GILDAN ACTIVEWEAR INC	35,000	$1,034	1.2%	$26.44	0.0%	Put	375916103
STNG	SCORPIO TANKERS INC	18,600	$732	0.9%	$39.35	—	SHS	Y7542C130
NMRK	NEWMARK GROUP INC	50,000	$673	0.8%	$12.99	-16.1%	Call	65158N102
LEGH	LEGACY HOUSING CORP	25,149	$418	0.5%	$12.01	+30.6%	COM	52472M101
—	WASHINGTON PRIME GROUP	80,000	$291	0.4%	—	—	Call	93964W108
KRUS	KURA SUSHI USA INC	8,017	$204	0.2%	$22.02	+0.2%	CL A COM	501270102
CC	CHEMOURS CO	10,800	$195	0.2%	$12.50	+4.0%	COM	163851108
TROX	TRONOX HOLDINGS PLC	10,200	$116	0.1%	$9.64	+3.7%	SHS	G9087Q102
—	VENATOR MALTS PLC	26,865	$103	0.1%	$2.46	—	SHS	G9329Z100