Conversant Capital LLC Hedge Fund

CIK: 0001850901 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $605,429 (100.0% shares, 0.0% debt)

Holdings (18)

SNDA SONIDA SENIOR LIVING INC 35.6%

Value ($000) $215,774 Shares 9,264,653 Est. Cost $22.13 Unrealized +7.1%

SPY SPDR S&P 500 ETF TR 11.5%

Value ($000) $69,924 Shares 125,000 Est. Cost — Unrealized —

XLP SELECT SECTOR SPDR TR 7.4%

Value ($000) $44,919 Shares 550,000 Est. Cost — Unrealized —

SILA SILA REALTY TRUST INC 6.5%

Value ($000) $39,469 Shares 1,477,669 Est. Cost $24.44 Unrealized —

RITM RITHM CAPITAL CORP 6.4%

Value ($000) $38,873 Shares 3,395,000 Est. Cost $11.35 Unrealized —

JLL JONES LANG LASALLE INC 4.5%

Value ($000) $27,379 Shares 110,440 Est. Cost $252.77 Unrealized +4.1%

SITC SITE CTRS CORP 4.1%

Value ($000) $24,917 Shares 1,940,579 Est. Cost $20.70 Unrealized —

PFSI PENNYMAC FINL SVCS INC NEW 4.0%

Value ($000) $24,442 Shares 244,150 Est. Cost $75.88 Unrealized +33.4%

NPKI NPK INTERNATIONAL INC 4.0%

Value ($000) $24,278 Shares 4,178,633 Est. Cost $6.25 Unrealized +6.3%

GVA GRANITE CONSTR INC 3.5%

Value ($000) $21,490 Shares 285,010 Est. Cost $83.53 Unrealized 0.0%

GNL GLOBAL NET LEASE INC 3.4%

Value ($000) $20,555 Shares 2,556,598 Est. Cost $8.04 Unrealized —

DBRG DIGITALBRIDGE GROUP INC 1.7%

Value ($000) $10,584 Shares 1,200,000 Est. Cost $10.47 Unrealized 0.0%

RAC/U RITHM ACQUISITION CORP 1.7%

Value ($000) $10,100 Shares 1,000,000 Est. Cost $10.10 Unrealized —

KKR KKR & CO INC 1.6%

Value ($000) $9,942 Shares 86,000 Est. Cost $136.88 Unrealized 0.0%

ARES ARES MANAGEMENT CORPORATION 1.6%

Value ($000) $9,676 Shares 66,000 Est. Cost $168.35 Unrealized 0.0%

— HUDSON PAC PPTYS INC 1.3%

Value ($000) $8,019 Shares 2,718,420 Est. Cost $2.95 Unrealized —

UHG UNITED HOMES GROUP INC 0.8%

Value ($000) $4,636 Shares 1,655,726 Est. Cost $7.12 Unrealized -45.6%

KFIIU K&F GROWTH ACQUISITION CORP 0.1%

Value ($000) $453 Shares 44,848 Est. Cost $10.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SNDA	SONIDA SENIOR LIVING INC	9,264,653	$215,774	35.6%	$22.13	+7.1%	COM	140475203
SPY	SPDR S&P 500 ETF TR	125,000	$69,924	11.5%	—	—	Put	78462F103
XLP	SELECT SECTOR SPDR TR	550,000	$44,919	7.4%	—	—	Put	81369Y308
SILA	SILA REALTY TRUST INC	1,477,669	$39,469	6.5%	$24.44	—	COMMON STOCK	146280508
RITM	RITHM CAPITAL CORP	3,395,000	$38,873	6.4%	$11.35	—	COM NEW	64828T201
JLL	JONES LANG LASALLE INC	110,440	$27,379	4.5%	$252.77	+4.1%	COM	48020Q107
SITC	SITE CTRS CORP	1,940,579	$24,917	4.1%	$20.70	—	COM	82981J851
PFSI	PENNYMAC FINL SVCS INC NEW	244,150	$24,442	4.0%	$75.88	+33.4%	COM	70932M107
NPKI	NPK INTERNATIONAL INC	4,178,633	$24,278	4.0%	$6.25	+6.3%	COM SHS	651718504
GVA	GRANITE CONSTR INC	285,010	$21,490	3.5%	$83.53	0.0%	COM	387328107
GNL	GLOBAL NET LEASE INC	2,556,598	$20,555	3.4%	$8.04	—	COM NEW	379378201
DBRG	DIGITALBRIDGE GROUP INC	1,200,000	$10,584	1.7%	$10.47	0.0%	CL A NEW	25401T603
RAC/U	RITHM ACQUISITION CORP	1,000,000	$10,100	1.7%	$10.10	—	UNIT 99/99/9999	G75751126
KKR	KKR & CO INC	86,000	$9,942	1.6%	$136.88	0.0%	COM	48251W104
ARES	ARES MANAGEMENT CORPORATION	66,000	$9,676	1.6%	$168.35	0.0%	CL A COM STK	03990B101
—	HUDSON PAC PPTYS INC	2,718,420	$8,019	1.3%	$2.95	—	COM	444097109
UHG	UNITED HOMES GROUP INC	1,655,726	$4,636	0.8%	$7.12	-45.6%	CL A	91060H108
KFIIU	K&F GROWTH ACQUISITION CORP	44,848	$453	0.1%	$10.09	—	UNIT 99/99/9999	G52258103