GRATIA CAPITAL, LLC Hedge Fund

Location: Los Angeles, CA

CIK: 0001599793 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value: $86.64M (100.0% shares, 0.0% debt)

Holdings (21)

IWM ISHARES TR RUSSELL 2000 ETF 11.6%

Value $10.04M Shares 50,000 Est. Cost — Unrealized —

BYD BOYD GAMING CORP 11.3%

Value $9.782M Shares 156,238 Est. Cost $64.59 Unrealized -10.3%

BYD BOYD GAMING CORP 10.3%

Value $8.891M Shares 142,000 Est. Cost $64.59 Unrealized -10.3%

CRH CRH PLC 8.3%

Value $7.213M Shares 104,300 Est. Cost $54.36 Unrealized +6.9%

CRH CRH PLC 6.8%

Value $5.921M Shares 85,608 Est. Cost $54.36 Unrealized +6.9%

NMM NAVIOS MARITIME PARTNERS L P 6.4%

Value $5.509M Shares 197,046 Est. Cost $27.25 Unrealized —

STNG SCORPIO TANKERS INC 5.8%

Value $5.034M Shares 82,800 Est. Cost $55.80 Unrealized —

INSE INSPIRED ENTMT INC 5.7%

Value $4.94M Shares 500,000 Est. Cost $11.12 Unrealized -15.0%

TRTX TPG RE FIN TR INC 5.2%

Value $4.544M Shares 699,117 Est. Cost $7.41 Unrealized —

SNBR SLEEP NUMBER CORP 5.1%

Value $4.449M Shares 300,000 Est. Cost $15.52 Unrealized 0.0%

BCC BOISE CASCADE CO DEL 3.5%

Value $3.04M Shares 23,500 Est. Cost — Unrealized —

KRT KARAT PACKAGING INC 3.5%

Value $3.037M Shares 122,225 Est. Cost $17.95 Unrealized +22.8%

ACHR ARCHER AVIATION INC 3.3%

Value $2.838M Shares 462,252 Est. Cost $5.12 Unrealized +10.8%

GENK GEN RESTAURANT GROUP 3.0%

Value $2.642M Shares 337,431 Est. Cost $15.29 Unrealized -44.8%

CATO CATO CORP NEW 2.7%

Value $2.343M Shares 328,175 Est. Cost $8.27 Unrealized -23.8%

— ALTISOURCE PORTFOLIO SOLNS S 2.4%

Value $2.087M Shares 586,158 Est. Cost $3.99 Unrealized —

INSE INSPIRED ENTMT INC 2.1%

Value $1.794M Shares 181,607 Est. Cost $11.12 Unrealized -15.0%

SNBR SLEEP NUMBER CORP 1.5%

Value $1.316M Shares 88,748 Est. Cost $15.52 Unrealized 0.0%

— TERRAN ORBITAL CORPORATION 0.8%

Value $681K Shares 597,700 Est. Cost $1.34 Unrealized —

— EXPRESS INC 0.5%

Value $402K Shares 48,007 Est. Cost $9.00 Unrealized —

GPMT GRANITE PT MTG TR INC 0.2%

Value $138K Shares 23,216 Est. Cost $9.99 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR RUSSELL 2000 ETF	50,000	$10.04M	11.6%	—	—	Put	464287655
BYD	BOYD GAMING CORP	156,238	$9.782M	11.3%	$64.59	-10.3%	COM	103304101
BYD	BOYD GAMING CORP	142,000	$8.891M	10.3%	$64.59	-10.3%	Put	103304101
CRH	CRH PLC	104,300	$7.213M	8.3%	$54.36	+6.9%	Put	G25508105
CRH	CRH PLC	85,608	$5.921M	6.8%	$54.36	+6.9%	ORD	G25508105
NMM	NAVIOS MARITIME PARTNERS L P	197,046	$5.509M	6.4%	$27.25	—	COM UNIT LPI	Y62267409
STNG	SCORPIO TANKERS INC	82,800	$5.034M	5.8%	$55.80	—	SHS	Y7542C130
INSE	INSPIRED ENTMT INC	500,000	$4.94M	5.7%	$11.12	-15.0%	Call	45782N108
TRTX	TPG RE FIN TR INC	699,117	$4.544M	5.2%	$7.41	—	COM	87266M107
SNBR	SLEEP NUMBER CORP	300,000	$4.449M	5.1%	$15.52	0.0%	Call	83125X103
BCC	BOISE CASCADE CO DEL	23,500	$3.04M	3.5%	—	—	Put	09739D100
KRT	KARAT PACKAGING INC	122,225	$3.037M	3.5%	$17.95	+22.8%	COM	48563L101
ACHR	ARCHER AVIATION INC	462,252	$2.838M	3.3%	$5.12	+10.8%	COM CL A	03945R102
GENK	GEN RESTAURANT GROUP	337,431	$2.642M	3.0%	$15.29	-44.8%	CL A COM	36870C104
CATO	CATO CORP NEW	328,175	$2.343M	2.7%	$8.27	-23.8%	CL A	149205106
—	ALTISOURCE PORTFOLIO SOLNS S	586,158	$2.087M	2.4%	$3.99	—	REG SHS	L0175J104
INSE	INSPIRED ENTMT INC	181,607	$1.794M	2.1%	$11.12	-15.0%	COM	45782N108
SNBR	SLEEP NUMBER CORP	88,748	$1.316M	1.5%	$15.52	0.0%	COM	83125X103
—	TERRAN ORBITAL CORPORATION	597,700	$681K	0.8%	$1.34	—	COM	88105P103
—	EXPRESS INC	48,007	$402K	0.5%	$9.00	—	COM NEW	30219E202
GPMT	GRANITE PT MTG TR INC	23,216	$138K	0.2%	$9.99	—	COM STK	38741L107