Conversant Capital LLC Hedge Fund

CIK: 0001850901 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $402,421 (100.0% shares, 0.0% debt)

Holdings (20)

TH TARGET HOSPITALITY CORP 14.3%

Value ($000) $57,457 Shares 4,281,450 Est. Cost $9.59 Unrealized +44.3%

DBRG DIGITALBRIDGE GROUP INC 10.2%

Value ($000) $41,188 Shares 2,800,000 Est. Cost $12.81 Unrealized -5.0%

IYR ISHARES TR 9.7%

Value ($000) $38,943 Shares 450,000 Est. Cost — Unrealized —

IWM ISHARES TR 9.3%

Value ($000) $37,454 Shares 200,000 Est. Cost — Unrealized —

BRSP BRIGHTSPIRE CAPITAL INC 8.0%

Value ($000) $32,360 Shares 4,808,333 Est. Cost $5.90 Unrealized —

ITB ISHARES TR 7.4%

Value ($000) $29,904 Shares 350,000 Est. Cost — Unrealized —

RPC P10 INC 6.9%

Value ($000) $27,795 Shares 2,459,702 Est. Cost $12.55 Unrealized -15.4%

SNDA SONIDA SENIOR LIVING INC 6.5%

Value ($000) $26,033 Shares 2,985,481 Est. Cost $30.36 Unrealized -74.0%

GFF GRIFFON CORP 5.1%

Value ($000) $20,390 Shares 505,954 Est. Cost $23.17 Unrealized +34.7%

WD WALKER & DUNLOP INC 4.0%

Value ($000) $16,055 Shares 203,000 Est. Cost $122.35 Unrealized -45.6%

— BRIDGE INVT GROUP HLDGS INC 4.0%

Value ($000) $16,027 Shares 1,412,064 Est. Cost $23.47 Unrealized —

SBAC SBA COMMUNICATIONS CORP NEW 3.2%

Value ($000) $12,747 Shares 55,000 Est. Cost $261.06 Unrealized -12.7%

PFSI PENNYMAC FINL SVCS INC NEW 2.2%

Value ($000) $8,789 Shares 125,000 Est. Cost $61.33 Unrealized 0.0%

— CRH PLC 2.1%

Value ($000) $8,638 Shares 155,000 Est. Cost $55.73 Unrealized —

TH TARGET HOSPITALITY CORP 1.7%

Value ($000) $6,710 Shares 500,000 Est. Cost $9.59 Unrealized +44.3%

UHG UNITED HOMES GROUP INC 1.5%

Value ($000) $5,973 Shares 535,173 Est. Cost $10.72 Unrealized +9.8%

— STARWOOD PPTY TR INC 1.3%

Value ($000) $5,089 Shares 5,000,000 Est. Cost $1.02 Unrealized —

VTMX VESTA REAL ESTATE CORPORATIO 1.0%

Value ($000) $4,028 Shares 125,000 Est. Cost $32.22 Unrealized —

— PRIMO WATER CORPORATION 1.0%

Value ($000) $3,825 Shares 305,000 Est. Cost $15.35 Unrealized —

SAFE SAFEHOLD INC 0.7%

Value ($000) $3,018 Shares 127,165 Est. Cost $29.37 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TH	TARGET HOSPITALITY CORP	4,281,450	$57,457	14.3%	$9.59	+44.3%	COM	87615L107
DBRG	DIGITALBRIDGE GROUP INC	2,800,000	$41,188	10.2%	$12.81	-5.0%	CL A NEW	25401T603
IYR	ISHARES TR	450,000	$38,943	9.7%	—	—	Put	464287739
IWM	ISHARES TR	200,000	$37,454	9.3%	—	—	Put	464287655
BRSP	BRIGHTSPIRE CAPITAL INC	4,808,333	$32,360	8.0%	$5.90	—	COM CL A	10949T109
ITB	ISHARES TR	350,000	$29,904	7.4%	—	—	Put	464288752
RPC	P10 INC	2,459,702	$27,795	6.9%	$12.55	-15.4%	COM CL A	69376K106
SNDA	SONIDA SENIOR LIVING INC	2,985,481	$26,033	6.5%	$30.36	-74.0%	COM	140475203
GFF	GRIFFON CORP	505,954	$20,390	5.1%	$23.17	+34.7%	COM	398433102
WD	WALKER & DUNLOP INC	203,000	$16,055	4.0%	$122.35	-45.6%	COM	93148P102
—	BRIDGE INVT GROUP HLDGS INC	1,412,064	$16,027	4.0%	$23.47	—	COM CL A	10806B100
SBAC	SBA COMMUNICATIONS CORP NEW	55,000	$12,747	3.2%	$261.06	-12.7%	CL A	78410G104
PFSI	PENNYMAC FINL SVCS INC NEW	125,000	$8,789	2.2%	$61.33	0.0%	COM	70932M107
—	CRH PLC	155,000	$8,638	2.1%	$55.73	—	ADR	12626K203
TH	TARGET HOSPITALITY CORP	500,000	$6,710	1.7%	$9.59	+44.3%	Call	87615L107
UHG	UNITED HOMES GROUP INC	535,173	$5,973	1.5%	$10.72	+9.8%	CL A	91060H108
—	STARWOOD PPTY TR INC	5,000,000	$5,089	1.3%	$1.02	—	NOTE 6.750% 7/1	85571BBA2
VTMX	VESTA REAL ESTATE CORPORATIO	125,000	$4,028	1.0%	$32.22	—	ADS	92540K109
—	PRIMO WATER CORPORATION	305,000	$3,825	1.0%	$15.35	—	COM	74167P108
SAFE	SAFEHOLD INC	127,165	$3,018	0.7%	$29.37	—	COM	78646V107