Conversant Capital LLC Hedge Fund

CIK: 0001850901 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value ($000): $680,488 (100.0% shares, 0.0% debt)

Holdings (18)

SNDA SONIDA SENIOR LIVING ORD 30.3%

Value ($000) $206,015 Shares 7,210,877 Est. Cost $20.40 Unrealized -27.7%

IWM ISHARES TR 18.5%

Value ($000) $126,180 Shares 600,000 Est. Cost — Unrealized —

IEF ISHARES TR 11.1%

Value ($000) $75,728 Shares 800,000 Est. Cost — Unrealized —

TH TARGET HOSPITALITY ORD 8.1%

Value ($000) $54,817 Shares 5,042,960 Est. Cost $9.93 Unrealized -5.5%

KRE SPDR SER TR 7.0%

Value ($000) $47,766 Shares 950,000 Est. Cost — Unrealized —

NPKI NEWPARK RSC ORD 4.2%

Value ($000) $28,568 Shares 3,956,852 Est. Cost $6.19 Unrealized +5.5%

PFSI PENNYMAC FINANCIAL ORD 3.7%

Value ($000) $25,505 Shares 280,000 Est. Cost $68.23 Unrealized +25.1%

DBRG DIGITALBRIDGE GROUP CL A ORD 3.7%

Value ($000) $25,051 Shares 1,300,000 Est. Cost $12.81 Unrealized +45.9%

CCO CLEAR CHANNEL OUTDOOR HLDG ORD 2.2%

Value ($000) $14,892 Shares 9,025,256 Est. Cost $1.49 Unrealized +14.7%

— SITE CENTERS ORD 2.0%

Value ($000) $13,449 Shares 918,000 Est. Cost $14.65 Unrealized —

NMIH NMI HOLDINGS CL A ORD 1.8%

Value ($000) $12,451 Shares 385,000 Est. Cost $30.18 Unrealized 0.0%

AHR AMERICAN HEALTHCARE REIT ORD 1.7%

Value ($000) $11,431 Shares 775,000 Est. Cost $14.75 Unrealized —

RSI RUSH STREET INTERACTIVE CL A ORD 1.6%

Value ($000) $10,958 Shares 1,683,180 Est. Cost $5.38 Unrealized 0.0%

NLOP NET LEASE OFFICE PROPERTIES ORD 1.5%

Value ($000) $10,342 Shares 434,527 Est. Cost $23.80 Unrealized —

— OUTFRONT MEDIA ORD 1.0%

Value ($000) $6,713 Shares 399,800 Est. Cost $10.10 Unrealized —

— NEW YORK CMNTY BANCORP INC 0.6%

Value ($000) $3,767 Shares 1,170,000 Est. Cost — Unrealized —

UHG UNITED HOMES GROUP CL A ORD 0.5%

Value ($000) $3,741 Shares 535,173 Est. Cost $10.72 Unrealized -30.3%

SN SHARKNINJA ORD 0.5%

Value ($000) $3,115 Shares 50,000 Est. Cost $52.90 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SNDA	SONIDA SENIOR LIVING ORD	7,210,877	$206,015	30.3%	$20.40	-27.7%	COM	140475203
IWM	ISHARES TR	600,000	$126,180	18.5%	—	—	Put	464287655
IEF	ISHARES TR	800,000	$75,728	11.1%	—	—	Put	464287440
TH	TARGET HOSPITALITY ORD	5,042,960	$54,817	8.1%	$9.93	-5.5%	COM	87615L107
KRE	SPDR SER TR	950,000	$47,766	7.0%	—	—	Put	78464A698
NPKI	NEWPARK RSC ORD	3,956,852	$28,568	4.2%	$6.19	+5.5%	COM PAR $.01NEW	651718504
PFSI	PENNYMAC FINANCIAL ORD	280,000	$25,505	3.7%	$68.23	+25.1%	COM	70932M107
DBRG	DIGITALBRIDGE GROUP CL A ORD	1,300,000	$25,051	3.7%	$12.81	+45.9%	CL A NEW	25401T603
CCO	CLEAR CHANNEL OUTDOOR HLDG ORD	9,025,256	$14,892	2.2%	$1.49	+14.7%	COM	18453H106
—	SITE CENTERS ORD	918,000	$13,449	2.0%	$14.65	—	COM	82981J109
NMIH	NMI HOLDINGS CL A ORD	385,000	$12,451	1.8%	$30.18	0.0%	CL A	629209305
AHR	AMERICAN HEALTHCARE REIT ORD	775,000	$11,431	1.7%	$14.75	—	COM SHS	398182303
RSI	RUSH STREET INTERACTIVE CL A ORD	1,683,180	$10,958	1.6%	$5.38	0.0%	COM	782011100
NLOP	NET LEASE OFFICE PROPERTIES ORD	434,527	$10,342	1.5%	$23.80	—	COM	64110Y108
—	OUTFRONT MEDIA ORD	399,800	$6,713	1.0%	$10.10	—	COM	69007J106
—	NEW YORK CMNTY BANCORP INC	1,170,000	$3,767	0.6%	—	—	Put	649445103
UHG	UNITED HOMES GROUP CL A ORD	535,173	$3,741	0.5%	$10.72	-30.3%	CL A	91060H108
SN	SHARKNINJA ORD	50,000	$3,115	0.5%	$52.90	0.0%	COM SHS	G8068L108