GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 14, 2021

Total Value ($000): $67,639 (100.0% shares, 0.0% debt)

Holdings (34)

DAC DANAOS CORPORATION 16.2%

Value ($000) $10,987 Shares 221,470 Est. Cost $10.86 Unrealized +191.1%

TRTX TPG RE FIN TR INC 11.6%

Value ($000) $7,847 Shares 700,600 Est. Cost $10.62 Unrealized —

— FORTRESS VALUE ACQUISITION I 10.6%

Value ($000) $7,164 Shares 718,576 Est. Cost $9.97 Unrealized —

— NEW YORK MTG TR INC 8.5%

Value ($000) $5,775 Shares 1,292,064 Est. Cost $3.69 Unrealized —

LADR LADDER CAP CORP 6.9%

Value ($000) $4,683 Shares 396,888 Est. Cost $9.78 Unrealized —

CLDT CHATHAM LODGING TR 6.6%

Value ($000) $4,432 Shares 336,774 Est. Cost $7.62 Unrealized —

MHO M/I HOMES INC 4.2%

Value ($000) $2,841 Shares 48,090 Est. Cost $33.73 Unrealized +54.0%

SPY SPDR S&P 500 ETF TR 4.1%

Value ($000) $2,774 Shares 7,000 Est. Cost — Unrealized —

GIL GILDAN ACTIVEWEAR INC 3.5%

Value ($000) $2,351 Shares 76,672 Est. Cost $20.62 Unrealized +26.2%

MG MISTRAS GROUP INC 3.2%

Value ($000) $2,141 Shares 187,645 Est. Cost $6.82 Unrealized +29.6%

GPMT GRANITE PT MTG TR INC 2.9%

Value ($000) $1,957 Shares 163,491 Est. Cost $9.99 Unrealized —

BW BABCOCK & WILCOX ENTERPRISES 2.5%

Value ($000) $1,712 Shares 180,776 Est. Cost $6.42 Unrealized 0.0%

— NEW HOME CO INC 1.6%

Value ($000) $1,112 Shares 212,350 Est. Cost $4.29 Unrealized —

— VELOCITY ACQUISITION CORP 1.5%

Value ($000) $1,035 Shares 105,000 Est. Cost $9.86 Unrealized —

MFIN MEDALLION FINL CORP 1.4%

Value ($000) $926 Shares 131,369 Est. Cost $2.00 Unrealized +171.7%

— SILVERBOX ENGAGED MERGER CO 1.3%

Value ($000) $891 Shares 89,900 Est. Cost $9.91 Unrealized —

— SPARTAN ACQUISITION CORP III 1.2%

Value ($000) $800 Shares 79,700 Est. Cost $10.04 Unrealized —

— AFRICAN GOLD ACQUISITION COR 1.1%

Value ($000) $734 Shares 74,275 Est. Cost $9.88 Unrealized —

— MFA FINL INC 1.0%

Value ($000) $709 Shares 173,986 Est. Cost $2.68 Unrealized —

RWT REDWOOD TR INC 1.0%

Value ($000) $706 Shares 67,837 Est. Cost $7.52 Unrealized —

— B RILEY PRINCIPAL 150 MERGER 1.0%

Value ($000) $681 Shares 68,089 Est. Cost $10.00 Unrealized —

— EQ HEALTH ACQUISITION CORP 1.0%

Value ($000) $676 Shares 68,201 Est. Cost $9.91 Unrealized —

— VIVINT SMART HOME INC 1.0%

Value ($000) $644 Shares 45,000 Est. Cost $20.76 Unrealized —

GASS STEALTHGAS INC 0.8%

Value ($000) $568 Shares 200,000 Est. Cost $2.86 Unrealized 0.0%

NXE NEXGEN ENERGY LTD 0.8%

Value ($000) $567 Shares 156,131 Est. Cost $3.40 Unrealized 0.0%

— DHC ACQUISITION CORP 0.7%

Value ($000) $500 Shares 50,000 Est. Cost $10.00 Unrealized —

DNN DENISON MINES CORP 0.7%

Value ($000) $499 Shares 458,210 Est. Cost $0.96 Unrealized 0.0%

— EVO ACQUISITION CORP 0.7%

Value ($000) $496 Shares 49,900 Est. Cost $9.94 Unrealized —

— TCW SPECIAL PURPOSE ACQU COR 0.7%

Value ($000) $496 Shares 49,880 Est. Cost $9.94 Unrealized —

— PENNSYLVANIA REAL ESTATE INV 0.5%

Value ($000) $313 Shares 163,219 Est. Cost $1.00 Unrealized —

— HOUGHTON MIFFLIN HARCOURT CO 0.4%

Value ($000) $287 Shares 37,629 Est. Cost $4.18 Unrealized —

— GREAT AJAX CORP 0.2%

Value ($000) $164 Shares 15,000 Est. Cost $10.47 Unrealized —

— NORTHERN STAR INVEST CORP IV 0.2%

Value ($000) $126 Shares 12,700 Est. Cost $9.92 Unrealized —

— WASHINGTON PRIME GROUP NEW 0.1%

Value ($000) $45 Shares 19,947 Est. Cost $6.52 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DAC	DANAOS CORPORATION	221,470	$10,987	16.2%	$10.86	+191.1%	SHS	Y1968P121
TRTX	TPG RE FIN TR INC	700,600	$7,847	11.6%	$10.62	—	COM	87266M107
—	FORTRESS VALUE ACQUISITION I	718,576	$7,164	10.6%	$9.97	—	COM CL A	349642108
—	NEW YORK MTG TR INC	1,292,064	$5,775	8.5%	$3.69	—	COM PAR $.02	649604501
LADR	LADDER CAP CORP	396,888	$4,683	6.9%	$9.78	—	CL A	505743104
CLDT	CHATHAM LODGING TR	336,774	$4,432	6.6%	$7.62	—	COM	16208T102
MHO	M/I HOMES INC	48,090	$2,841	4.2%	$33.73	+54.0%	COM	55305B101
SPY	SPDR S&P 500 ETF TR	7,000	$2,774	4.1%	—	—	Call	78462F103
GIL	GILDAN ACTIVEWEAR INC	76,672	$2,351	3.5%	$20.62	+26.2%	COM	375916103
MG	MISTRAS GROUP INC	187,645	$2,141	3.2%	$6.82	+29.6%	COM	60649T107
GPMT	GRANITE PT MTG TR INC	163,491	$1,957	2.9%	$9.99	—	COM STK	38741L107
BW	BABCOCK & WILCOX ENTERPRISES	180,776	$1,712	2.5%	$6.42	0.0%	COM	05614L209
—	NEW HOME CO INC	212,350	$1,112	1.6%	$4.29	—	COM	645370107
—	VELOCITY ACQUISITION CORP	105,000	$1,035	1.5%	$9.86	—	UNIT 99/99/9999	92259E203
MFIN	MEDALLION FINL CORP	131,369	$926	1.4%	$2.00	+171.7%	COM	583928106
—	SILVERBOX ENGAGED MERGER CO	89,900	$891	1.3%	$9.91	—	UNIT 03/31/2028	82836L200
—	SPARTAN ACQUISITION CORP III	79,700	$800	1.2%	$10.04	—	UNIT 99/99/9999	84677R205
—	AFRICAN GOLD ACQUISITION COR	74,275	$734	1.1%	$9.88	—	UNIT 99/99/9999	G0112R116
—	MFA FINL INC	173,986	$709	1.0%	$2.68	—	COM	55272X102
RWT	REDWOOD TR INC	67,837	$706	1.0%	$7.52	—	COM	758075402
—	B RILEY PRINCIPAL 150 MERGER	68,089	$681	1.0%	$10.00	—	UNIT 99/99/9999	05601V202
—	EQ HEALTH ACQUISITION CORP	68,201	$676	1.0%	$9.91	—	UNIT 02/02/2028	26886A200
—	VIVINT SMART HOME INC	45,000	$644	1.0%	$20.76	—	COM CL A	928542109
GASS	STEALTHGAS INC	200,000	$568	0.8%	$2.86	0.0%	SHS	Y81669106
NXE	NEXGEN ENERGY LTD	156,131	$567	0.8%	$3.40	0.0%	COM	65340P106
—	DHC ACQUISITION CORP	50,000	$500	0.7%	$10.00	—	UNIT 02/25/2026	G2758T125
DNN	DENISON MINES CORP	458,210	$499	0.7%	$0.96	0.0%	COM	248356107
—	EVO ACQUISITION CORP	49,900	$496	0.7%	$9.94	—	UNIT 99/99/9999	30052G207
—	TCW SPECIAL PURPOSE ACQU COR	49,880	$496	0.7%	$9.94	—	UNIT 99/99/9999	87301L205
—	PENNSYLVANIA REAL ESTATE INV	163,219	$313	0.5%	$1.00	—	SH BEN INT	709102107
—	HOUGHTON MIFFLIN HARCOURT CO	37,629	$287	0.4%	$4.18	—	COM	44157R109
—	GREAT AJAX CORP	15,000	$164	0.2%	$10.47	—	COM	38983D300
—	NORTHERN STAR INVEST CORP IV	12,700	$126	0.2%	$9.92	—	UNIT 02/25/2028	66575B200
—	WASHINGTON PRIME GROUP NEW	19,947	$45	0.1%	$6.52	—	COM	93964W405