Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GPOR | Sell | GULFPORT ENERGY CORP | $755,851,503 | +0.4% | 6,369,893 | -11.1% | 42.85% | +22.8% |
| SPY | Sell | SPDR S&P 500 ETF TRput | $641,220,000 | -35.7% | 1,500,000 | -33.3% | 36.35% | -21.4% |
| MSC | Buy | STUDIO CITY INTL HLDGS LTDspon ads | $143,883,707 | -26.3% | 28,605,111 | +1.7% | 8.16% | -9.8% |
| FYBR | Buy | FRONTIER COMMUNICATIONS PARE | $82,020,085 | +54.6% | 5,240,900 | +84.1% | 4.65% | +89.1% |
| DHC | Buy | DIVERSIFIED HEALTHCARE TR | $23,571,000 | +164.5% | 12,150,000 | +206.8% | 1.34% | +223.5% |
| New | PERMIAN RESOURCES CORP | $15,411,840 | – | 1,104,000 | – | 0.87% | – | |
| FANG | New | DIAMONDBACK ENERGY INC | $15,023,360 | – | 97,000 | – | 0.85% | – |
| MTDR | New | MATADOR RES CO | $14,953,272 | – | 251,400 | – | 0.85% | – |
| EOG | New | EOG RES INC | $14,945,004 | – | 117,900 | – | 0.85% | – |
| MUR | New | MURPHY OIL CORP | $14,892,940 | – | 328,400 | – | 0.84% | – |
| PXD | New | PIONEER NAT RES CO | $14,874,840 | – | 64,800 | – | 0.84% | – |
| CCL | New | CARNIVAL CORPcall | $13,720,000 | – | 1,000,000 | – | 0.78% | – |
| SKIN | New | THE BEAUTY HEALTH COMPANY | $8,961,059 | – | 1,592,030 | – | 0.51% | – |
| ESTE | New | EARTHSTONE ENERGY INCcl a | $4,149,200 | – | 205,000 | – | 0.24% | – |
| RAD | New | RITE AID CORP | $224,000 | – | 500,000 | – | 0.01% | – |
| RAD | New | RITE AID CORPput | $224,000 | – | 500,000 | – | 0.01% | – |
| IHRT | Exit | IHEARTMEDIA INC | $0 | – | -1,286,990 | – | -0.22% | – |
| KRE | Exit | SPDR SER TRs&p regl bkg | $0 | – | -328,000 | – | -0.62% | – |
| DEN | Exit | DENBURY INC | $0 | – | -1,531,886 | – | -6.12% | – |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | New | SPDR S&P 500 ETF TRput | $997,380,000 | – | 2,250,000 | – | 46.22% | – |
| GPOR | New | GULFPORT ENERGY CORP | $753,117,174 | – | 7,167,766 | – | 34.90% | – |
| MSC | New | STUDIO CITY INTL HLDGS LTDspon ads | $195,114,715 | – | 28,119,780 | – | 9.04% | – |
| DEN | New | DENBURY INC | $132,140,486 | – | 1,531,886 | – | 6.12% | – |
| FYBR | New | FRONTIER COMMUNICATIONS PARE | $53,068,080 | – | 2,847,000 | – | 2.46% | – |
| KRE | New | SPDR SER TRs&p regl bkg | $13,392,240 | – | 328,000 | – | 0.62% | – |
| DHC | New | DIVERSIFIED HEALTHCARE TR | $8,910,225 | – | 3,960,100 | – | 0.41% | – |
| IHRT | New | IHEARTMEDIA INC | $4,684,644 | – | 1,286,990 | – | 0.22% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CHK | Exit | CHESAPEAKE ENERGY CORP | $0 | – | -47,000 | – | -0.33% | – |
| LNSR | Exit | LENSAR INC | $0 | – | -838,014 | – | -0.34% | – |
| RCL | Exit | ROYAL CARIBBEAN GROUPcall | $0 | – | -400,000 | – | -1.12% | – |
| BHC | Exit | BAUSCH HEALTH COS INC | $0 | – | -2,975,000 | – | -1.51% | – |
| IHRT | Exit | IHEART MEDIA INC | $0 | – | -4,880,724 | – | -2.63% | – |
| PCG | Exit | PG&E CORP | $0 | – | -4,567,756 | – | -4.20% | – |
| MSC | Exit | STUDIO CITY INTL HLDGS LTDspon ads | $0 | – | -29,146,288 | – | -4.69% | – |
| DEN | Exit | DENBURY INC | $0 | – | -2,049,500 | – | -13.00% | – |
| FYBR | Exit | FRONTIER COMMUNICATIONS PARE | $0 | – | -9,481,110 | – | -16.33% | – |
| GPOR | Exit | GULFPORT ENERGY CORP | $0 | – | -8,604,579 | – | -55.86% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GPOR | Buy | GULFPORT ENERGY CORP | $759,698,000 | +11.1% | 8,604,579 | +0.0% | 55.86% | +9.7% |
| DEN | Sell | DENBURY INC | $176,790,000 | -35.3% | 2,049,500 | -55.0% | 13.00% | -36.1% |
| PCG | Sell | PG&E CORP | $57,097,000 | +21.6% | 4,567,756 | -2.9% | 4.20% | +20.1% |
| IHRT | Buy | IHEART MEDIA INC | $35,776,000 | -5.0% | 4,880,724 | +2.2% | 2.63% | -6.2% |
| BHC | New | BAUSCH HEALTH COS INC | $20,498,000 | – | 2,975,000 | – | 1.51% | – |
| RCL | New | ROYAL CARIBBEAN GROUPcall | $15,160,000 | – | 400,000 | – | 1.12% | – |
| LNSR | Sell | LENSAR INC | $4,651,000 | -24.9% | 838,014 | -11.9% | 0.34% | -25.8% |
| CHK | Sell | CHESAPEAKE ENERGY CORP | $4,428,000 | -0.7% | 47,000 | -14.5% | 0.33% | -1.8% |
| Exit | ALGOMA STL GROUP INC | $0 | – | -616,185 | – | -0.41% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GPOR | New | GULFPORT ENERGY CORP | $683,981,000 | – | 8,602,452 | – | 50.90% | – |
| DEN | New | DENBURY INC | $273,194,000 | – | 4,554,000 | – | 20.33% | – |
| FYBR | New | FRONTIER COMMUNICATIONS PARE | $223,185,000 | – | 9,481,110 | – | 16.61% | – |
| MSC | New | STUDIO CITY INTL HLDGS LTDspon ads | $62,665,000 | – | 29,146,288 | – | 4.66% | – |
| PCG | New | PG&E CORP | $46,963,000 | – | 4,705,756 | – | 3.50% | – |
| IHRT | New | IHEARTMEDIA INC | $37,673,000 | – | 4,774,724 | – | 2.80% | – |
| LNSR | New | LENSAR INC | $6,192,000 | – | 951,146 | – | 0.46% | – |
| New | ALGOMA STL GROUP INC | $5,503,000 | – | 616,185 | – | 0.41% | – | |
| CHK | New | CHESAPEAKE ENERGY CORP | $4,461,000 | – | 55,000 | – | 0.33% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LNSR | Exit | LENSAR INC | $0 | – | -1,053,389 | – | -0.39% | – |
| Exit | GOGO INCnote 6.000% 5/1 | $0 | – | -3,750,000 | – | -0.52% | – | |
| CMLS | Exit | CUMULUS MEDIA INC | $0 | – | -1,792,000 | – | -1.04% | – |
| GDP | Exit | GOODRICH PETE CORP | $0 | – | -1,073,510 | – | -1.21% | – |
| AMR | Exit | ALPHA METALLURGICAL RESOUR I | $0 | – | -647,665 | – | -1.53% | – |
| RVI | Exit | RETAIL VALUE INC | $0 | – | -2,098,200 | – | -2.63% | – |
| MSC | Exit | STUDIO CITY INTL HLDGS LTDsponads | $0 | – | -15,331,626 | – | -5.96% | – |
| IHRT | Exit | IHEARTMEDIA INC | $0 | – | -10,171,000 | – | -12.10% | – |
| DEN | Exit | DENBURY INC | $0 | – | -3,671,000 | – | -12.26% | – |
| FYBR | Exit | FRONTIER COMMUNICATIONS PARE | $0 | – | -9,832,500 | – | -13.03% | – |
| PCG | Exit | PG&E CORP | $0 | – | -37,750,000 | – | -17.23% | – |
| GPOR | Exit | GULFPORT ENERGY CORP | $0 | – | -8,208,000 | – | -32.09% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GPOR | Buy | GULFPORT ENERGY CORP | $674,780,000 | +28.7% | 8,208,000 | +1.3% | 32.09% | +11.7% |
| PCG | Buy | PG&E CORP | $362,400,000 | +28.5% | 37,750,000 | +36.1% | 17.23% | +11.5% |
| FYBR | Buy | FRONTIER COMMUNICATIONS PARE | $274,032,000 | +15.1% | 9,832,500 | +9.0% | 13.03% | -0.1% |
| DEN | Sell | DENBURY INC | $257,888,000 | -24.0% | 3,671,000 | -16.9% | 12.26% | -34.0% |
| IHRT | Buy | IHEARTMEDIA INC | $254,478,000 | +115.4% | 10,171,000 | +131.8% | 12.10% | +86.9% |
| MSC | Sell | STUDIO CITY INTL HLDGS LTDsponads | $125,260,000 | -29.3% | 15,331,626 | -0.3% | 5.96% | -38.7% |
| AMR | Sell | ALPHA METALLURGICAL RESOUR I | $32,247,000 | +84.1% | 647,665 | -5.2% | 1.53% | +59.7% |
| GDP | Buy | GOODRICH PETE CORP | $25,399,000 | +335.5% | 1,073,510 | +174.8% | 1.21% | +277.5% |
| Exit | INTERCEPT PHARMACEUTICALS INnote 3.250% 7/0 | $0 | – | -38,808,000 | – | -1.87% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GPOR | New | GULFPORT ENERGY CORP | $524,377,000 | – | 8,104,750 | – | 28.73% | – |
| DEN | New | DENBURY INC | $339,214,000 | – | 4,418,000 | – | 18.59% | – |
| PCG | New | PG&E CORP | $282,013,000 | – | 27,729,931 | – | 15.45% | – |
| FYBR | New | FRONTIER COMMUNICATIONS PARE | $238,045,000 | – | 9,016,872 | – | 13.04% | – |
| MSC | New | STUDIO CITY INTL HLDGS LTDspon ads | $177,225,000 | – | 15,384,103 | – | 9.71% | – |
| IHRT | New | IHEARTMEDIA INC | $118,142,000 | – | 4,387,000 | – | 6.47% | – |
| RVI | New | RETAIL VALUE INC | $45,636,000 | – | 2,098,200 | – | 2.50% | – |
| New | INTERCEPT PHARMACEUTICALS INnote 3.250% 7/0 | $34,151,000 | – | 38,808,000 | – | 1.87% | – | |
| CMLS | New | CUMULUS MEDIA INC | $26,253,000 | – | 1,792,000 | – | 1.44% | – |
| AMR | New | ALPHA METALLURGICAL RESOUR I | $17,513,000 | – | 683,300 | – | 0.96% | – |
| LNSR | New | LENSAR INC | $9,122,000 | – | 1,053,389 | – | 0.50% | – |
| New | GOGO INCnote 6.000% 5/1 | $7,559,000 | – | 3,750,000 | – | 0.41% | – | |
| GDP | New | GOODRICH PETE CORP | $5,832,000 | – | 390,600 | – | 0.32% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MR | Exit | MONTAGE RES CORP | $0 | – | -439,460 | – | -0.24% | – |
| GOGO | Exit | GOGO INC | $0 | – | -411,330 | – | -0.46% | – |
| PVAC | Exit | PENN VA CORP | $0 | – | -571,300 | – | -0.69% | – |
| Exit | GOGO INCnote 6.000% 5/1 | $0 | – | -3,750,000 | – | -0.75% | – | |
| CMLS | Exit | CUMULUS MEDIA INC | $0 | – | -1,792,000 | – | -1.17% | – |
| Exit | INTERCEPT PHARMACEUTICALS INnote 3.250% 7/0 | $0 | – | -13,600,000 | – | -1.33% | – | |
| Exit | GUESS INCnote 2.000% 4/1 | $0 | – | -17,300,000 | – | -1.70% | – | |
| PDLI | Exit | PDL BIOPHARMA INC | $0 | – | -6,424,000 | – | -2.47% | – |
| FE | Exit | FIRSTENERGY CORP | $0 | – | -1,545,000 | – | -5.41% | – |
| CZR | Exit | CAESARS ENTERTAINMENT INC NE | $0 | – | -1,213,217 | – | -8.30% | – |
| MSC | Exit | STUDIO CITY INTL HLDGS LTDspon ads | $0 | – | -15,392,680 | – | -30.55% | – |
| PCG | Exit | PG&E CORP | $0 | – | -40,981,049 | – | -46.94% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PCG | Buy | PG&E CORP | $384,812,000 | +9.3% | 40,981,049 | +3.3% | 46.94% | -5.5% |
| MSC | Buy | STUDIO CITY INTL HLDGS LTDspon ads | $250,438,000 | +45.8% | 15,392,680 | +42.4% | 30.55% | +26.0% |
| CZR | New | CAESARS ENTERTAINMENT INC NE | $68,013,000 | – | 1,213,217 | – | 8.30% | – |
| FE | New | FIRSTENERGY CORP | $44,357,000 | – | 1,545,000 | – | 5.41% | – |
| PDLI | Buy | PDL BIOPHARMA INC | $20,236,000 | +41.9% | 6,424,000 | +31.1% | 2.47% | +22.7% |
| New | GUESS INCnote 2.000% 4/1 | $13,927,000 | – | 17,300,000 | – | 1.70% | – | |
| New | INTERCEPT PHARMACEUTICALS INnote 3.250% 7/0 | $10,911,000 | – | 13,600,000 | – | 1.33% | – | |
| New | GOGO INCnote 6.000% 5/1 | $6,150,000 | – | 3,750,000 | – | 0.75% | – | |
| PVAC | Sell | PENN VA CORP | $5,627,000 | -41.0% | 571,300 | -42.9% | 0.69% | -49.1% |
| GOGO | New | GOGO INC | $3,801,000 | – | 411,330 | – | 0.46% | – |
| MR | Sell | MONTAGE RES CORP | $1,929,000 | -78.4% | 439,460 | -80.6% | 0.24% | -81.4% |
| Exit | GUESS INCnote 2.000% 4/1 | $0 | – | -12,000,000 | – | -1.15% | – | |
| ERI | Exit | ELDORADO RESORTS INC | $0 | – | -1,033,333 | – | -5.84% | – |
| CZR | Exit | CAESARS ENTMT CORP | $0 | – | -7,870,000 | – | -13.47% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PCG | New | PG&E CORP | $352,007,000 | – | 39,685,100 | – | 49.67% | – |
| MSC | New | STUDIO CITY INTL HLDGS LTDspon ads | $171,821,000 | – | 10,806,418 | – | 24.25% | – |
| CZR | New | CAESARS ENTMT CORP | $95,463,000 | – | 7,870,000 | – | 13.47% | – |
| ERI | New | ELDORADO RESORTS INC | $41,395,000 | – | 1,033,333 | – | 5.84% | – |
| PDLI | New | PDL BIOPHARMA INC | $14,259,000 | – | 4,900,000 | – | 2.01% | – |
| PVAC | New | PENN VA CORP | $9,542,000 | – | 1,001,300 | – | 1.35% | – |
| MR | New | MONTAGE RES CORP | $8,938,000 | – | 2,262,800 | – | 1.26% | – |
| New | GUESS INCnote 2.000% 4/1 | $8,128,000 | – | 12,000,000 | – | 1.15% | – | |
| CMLS | New | CUMULUS MEDIA INC | $7,078,000 | – | 1,792,000 | – | 1.00% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| HYG | Exit | ISHARES TRiboxx hi yd etf | $0 | – | -1,000 | – | -0.00% | – |
| CHAPQ | Exit | CHAPARRAL ENERGY INC | $0 | – | -974,000 | – | -0.05% | – |
| ROAN | Exit | ROAN RES INC | $0 | – | -1,275,000 | – | -0.06% | – |
| BASX | Exit | BASIC ENERGY SVCS INC NEW | $0 | – | -3,280,251 | – | -0.18% | – |
| UNIT | Exit | UNITI GROUP INC | $0 | – | -811,100 | – | -0.24% | – |
| HMHC | Exit | HOUGHTON MIFFLIN HARCOURT CO | $0 | – | -2,414,000 | – | -0.49% | – |
| IWM | Exit | ISHARES TRput | $0 | – | -91,000 | – | -0.53% | – |
| PVAC | Exit | PENN VA CORP NEW | $0 | – | -1,050,000 | – | -1.17% | – |
| CMLS | Exit | CUMULUS MEDIA INC | $0 | – | -2,129,536 | – | -1.18% | – |
| ERI | Exit | ELDORADO RESORTS INC | $0 | – | -2,251,000 | – | -3.43% | – |
| CZR | Exit | CAESARS ENTMT CORP | $0 | – | -8,458,894 | – | -3.77% | – |
| PCG | Exit | PG&E CORP | $0 | – | -17,887,000 | – | -6.84% | – |
| MSC | Exit | STUDIO CITY INTL HLDGS LTDspon ads | $0 | – | -10,712,542 | – | -8.24% | – |
| SPY | Exit | SPDR S&P 500 ETF TRcall | $0 | – | -6,500,000 | – | -73.80% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | New | SPDR S&P 500 ETF TRcall | $1,929,005,000 | – | 6,500,000 | – | 73.80% | – |
| MSC | Buy | STUDIO CITY INTL HLDGS LTDspon ads | $215,322,000 | +2.8% | 10,712,542 | +1.4% | 8.24% | -68.3% |
| PCG | Buy | PG&E CORP | $178,870,000 | -40.8% | 17,887,000 | +35.8% | 6.84% | -81.8% |
| CZR | Sell | CAESARS ENTMT CORP | $98,631,000 | -16.5% | 8,458,894 | -15.4% | 3.77% | -74.3% |
| ERI | Buy | ELDORADO RESORTS INC | $89,747,000 | +4.5% | 2,251,000 | +20.7% | 3.43% | -67.8% |
| PVAC | New | PENN VA CORP NEW | $30,524,000 | – | 1,050,000 | – | 1.17% | – |
| IWM | New | ISHARES TRput | $13,772,000 | – | 91,000 | – | 0.53% | – |
| HMHC | Buy | HOUGHTON MIFFLIN HARCOURT CO | $12,867,000 | +0.3% | 2,414,000 | +8.3% | 0.49% | -69.1% |
| CHAPQ | Sell | CHAPARRAL ENERGY INC | $1,305,000 | -93.7% | 974,000 | -78.0% | 0.05% | -98.1% |
| HYG | New | ISHARES TRiboxx hi yd etf | $87,000 | – | 1,000 | – | 0.00% | – |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PCG | New | PG&E CORP | $301,975,000 | – | 13,175,173 | – | 37.52% | – |
| MSC | New | STUDIO CITY INTL HLDGS LTDspon ads | $209,475,000 | – | 10,568,883 | – | 26.03% | – |
| CZR | New | CAESARS ENTMT CORP | $118,143,000 | – | 9,995,144 | – | 14.68% | – |
| ERI | New | ELDORADO RESORTS INC | $85,921,000 | – | 1,865,000 | – | 10.68% | – |
| CMLS | New | CUMULUS MEDIA INC | $39,503,000 | – | 2,129,536 | – | 4.91% | – |
| CHAPQ | New | CHAPARRAL ENERGY INC | $20,846,000 | – | 4,425,994 | – | 2.59% | – |
| HMHC | New | HOUGHTON MIFFLIN HARCOURT CO | $12,833,000 | – | 2,228,000 | – | 1.59% | – |
| UNIT | New | UNITI GROUP INC | $7,705,000 | – | 811,100 | – | 0.96% | – |
| BASX | New | BASIC ENERGY SVCS INC NEW | $6,232,000 | – | 3,280,251 | – | 0.77% | – |
| ROAN | New | ROAN RES INC | $2,219,000 | – | 1,275,000 | – | 0.28% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| WMIH | Exit | WMIH CORP | $0 | – | -1,288,636 | – | -0.19% | – |
| ADNT | Exit | ADIENT PLC | $0 | – | -485,000 | – | -2.03% | – |
| PVAC | Exit | PENN VA CORP NEW | $0 | – | -290,000 | – | -2.49% | – |
| BASX | Exit | BASIC ENERGY SVCS INC NEW | $0 | – | -3,272,451 | – | -3.48% | – |
| OIBRC | Exit | OI S Asponsored adr ne | $0 | – | -12,610,581 | – | -3.67% | – |
| CMLS | Exit | CUMULUS MEDIA INC | $0 | – | -2,129,536 | – | -3.88% | – |
| CARS | Exit | CARS COM INC | $0 | – | -1,512,000 | – | -4.45% | – |
| CPS | Exit | COOPER STD HLDGS INC | $0 | – | -385,000 | – | -4.92% | – |
| Exit | CAESARS ENTMT CORPnote 5.000%10/0 | $0 | – | -35,678,086 | – | -6.19% | – | |
| PCG | Exit | PG&E CORP | $0 | – | -1,305,000 | – | -6.40% | – |
| CHAPQ | Exit | CHAPARRAL ENERGY INC | $0 | – | -3,654,661 | – | -6.86% | – |
| CZR | Exit | CAESARS ENTMT CORP | $0 | – | -24,248,322 | – | -26.49% | – |
| VICI | Exit | VICI PPTYS INC | $0 | – | -12,559,051 | – | -28.94% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VICI | Buy | VICI PPTYS INC | $271,527,000 | +9.7% | 12,559,051 | +4.7% | 28.94% | +14.8% |
| CZR | Buy | CAESARS ENTMT CORP | $248,545,000 | +9.3% | 24,248,322 | +14.1% | 26.49% | +14.5% |
| CHAPQ | New | CHAPARRAL ENERGY INC | $64,395,000 | – | 3,654,661 | – | 6.86% | – |
| PCG | New | PG&E CORP | $60,043,000 | – | 1,305,000 | – | 6.40% | – |
| CPS | Sell | COOPER STD HLDGS INC | $46,192,000 | -36.6% | 385,000 | -31.0% | 4.92% | -33.7% |
| CARS | Buy | CARS COM INC | $41,746,000 | +9.8% | 1,512,000 | +12.9% | 4.45% | +15.0% |
| CMLS | New | CUMULUS MEDIA INC | $36,372,000 | – | 2,129,536 | – | 3.88% | – |
| OIBRC | New | OI S Asponsored adr ne | $34,427,000 | – | 12,610,581 | – | 3.67% | – |
| BASX | Buy | BASIC ENERGY SVCS INC NEW | $32,692,000 | -10.0% | 3,272,451 | +0.1% | 3.48% | -5.8% |
| PVAC | Sell | PENN VA CORP NEW | $23,357,000 | -19.3% | 290,000 | -14.9% | 2.49% | -15.5% |
| ADNT | Buy | ADIENT PLC | $19,065,000 | -13.9% | 485,000 | +7.8% | 2.03% | -9.8% |
| WMIH | New | WMIH CORP | $1,791,000 | – | 1,288,636 | – | 0.19% | – |
| REN | Exit | RESOLUTE ENERGY CORP | $0 | – | -387,000 | – | -1.23% | – |
| NPO | Exit | ENPRO INDS INC | $0 | – | -777,600 | – | -5.54% | – |
| QCP | Exit | QUALITY CARE PPTYS INC | $0 | – | -8,457,500 | – | -18.52% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VICI | New | VICI PPTYS INC | $247,598,000 | – | 11,996,071 | – | 25.21% | – |
| CZR | New | CAESARS ENTMT CORP | $227,344,000 | – | 21,247,126 | – | 23.14% | – |
| QCP | New | QUALITY CARE PPTYS INC | $181,921,000 | – | 8,457,500 | – | 18.52% | – |
| CPS | New | COOPER STD HLDGS INC | $72,914,000 | – | 558,000 | – | 7.42% | – |
| New | CAESARS ENTMT CORPnote 5.000%10/0 | $60,608,000 | – | 35,678,086 | – | 6.17% | – | |
| NPO | New | ENPRO INDS INC | $54,393,000 | – | 777,600 | – | 5.54% | – |
| CARS | New | CARS COM INC | $38,014,000 | – | 1,339,000 | – | 3.87% | – |
| BASX | New | BASIC ENERGY SVCS INC NEW | $36,309,000 | – | 3,268,151 | – | 3.70% | – |
| PVAC | New | PENN VA CORP NEW | $28,934,000 | – | 340,837 | – | 2.95% | – |
| ADNT | New | ADIENT PLC | $22,135,000 | – | 450,000 | – | 2.25% | – |
| REN | New | RESOLUTE ENERGY CORP | $12,074,000 | – | 387,000 | – | 1.23% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| KEGX | Exit | KEY ENERGY SVCS INC DEL | $0 | – | -361,141 | – | -0.30% | – |
| QHCCQ | Exit | QUORUM HEALTH CORP | $0 | – | -1,067,000 | – | -0.36% | – |
| HTZGQ | Exit | HERTZ GLOBAL HLDGS INC | $0 | – | -620,000 | – | -0.89% | – |
| CACQ | Exit | CAESARS ACQUISITION COcl a | $0 | – | -798,939 | – | -1.10% | – |
| AIGWS | Exit | AMERICAN INTL GROUP INCw exp 01/19/202 | $0 | – | -878,000 | – | -1.13% | – |
| HCC | Exit | WARRIOR MET COAL INC | $0 | – | -846,150 | – | -1.28% | – |
| ADNT | Exit | ADIENT PLC | $0 | – | -330,000 | – | -1.78% | – |
| PVAC | Exit | PENN VA CORP NEW | $0 | – | -742,837 | – | -1.91% | – |
| PHH | Exit | PHH CORP | $0 | – | -2,431,493 | – | -2.18% | – |
| CARS | Exit | CARS COM INC | $0 | – | -1,502,000 | – | -2.57% | – |
| ALLY | Exit | ALLY FINANCIAL CM (ALLY)ally finl inc | $0 | – | -2,950,000 | – | -4.60% | – |
| SPY | Exit | SPDR S&P 500 ETF TRput | $0 | – | -350,000 | – | -5.65% | – |
| BASX | Exit | BASIC ENERGY SVCS INC NEW | $0 | – | -4,883,651 | – | -6.05% | – |
| QCP | Exit | QUALITY CARE PPTYS INC | $0 | – | -6,397,000 | – | -6.37% | – |
| CPS | Exit | COOPER STD HLDGS INC | $0 | – | -1,215,913 | – | -9.05% | – |
| IWM | Exit | ISHARES TRrussell 2000 etf | $0 | – | -966,000 | – | -9.19% | – |
| NPO | Exit | ENPRO INDS INC | $0 | – | -1,895,600 | – | -9.80% | – |
| SPY | Exit | SPDR S&P 500 ETF TRcall | $0 | – | -2,220,000 | – | -35.81% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SPY | New | SPDR S&P 500 ETF TRcall | $557,731,000 | – | 2,220,000 | – | 35.81% | – |
| NPO | Buy | ENPRO INDS INC | $152,653,000 | +15.6% | 1,895,600 | +2.4% | 9.80% | -30.5% |
| IWM | Buy | ISHARES TRrussell 2000 etf | $143,142,000 | +440.3% | 966,000 | +413.8% | 9.19% | +224.8% |
| CPS | Sell | COOPER STD HLDGS INC | $141,009,000 | -1.2% | 1,215,913 | -14.0% | 9.05% | -40.6% |
| QCP | Buy | QUALITY CARE PPTYS INC | $99,154,000 | +6.4% | 6,397,000 | +25.7% | 6.37% | -36.1% |
| BASX | Buy | BASIC ENERGY SVCS INC NEW | $94,254,000 | -22.5% | 4,883,651 | +0.0% | 6.05% | -53.4% |
| SPY | New | SPDR S&P 500 ETF TRput | $87,931,000 | – | 350,000 | – | 5.65% | – |
| ALLY | Sell | ALLY FINANCIAL CM (ALLY)ally finl inc | $71,567,000 | +0.2% | 2,950,000 | -13.7% | 4.60% | -39.8% |
| CARS | Sell | CARS COM INC | $39,968,000 | -35.9% | 1,502,000 | -35.8% | 2.57% | -61.5% |
| PHH | Sell | PHH CORP | $33,871,000 | -45.0% | 2,431,493 | -45.6% | 2.18% | -66.9% |
| ADNT | Sell | ADIENT PLC | $27,717,000 | -6.8% | 330,000 | -27.5% | 1.78% | -44.0% |
| AIGWS | Sell | AMERICAN INTL GROUP INCw exp 01/19/202 | $17,560,000 | -39.6% | 878,000 | -36.4% | 1.13% | -63.7% |
| CACQ | Sell | CAESARS ACQUISITION COcl a | $17,137,000 | +2.5% | 798,939 | -9.0% | 1.10% | -38.4% |
| HTZGQ | New | HERTZ GLOBAL HLDGS INC | $13,863,000 | – | 620,000 | – | 0.89% | – |
| QHCCQ | Sell | QUORUM HEALTH CORP | $5,527,000 | +14.1% | 1,067,000 | -8.6% | 0.36% | -31.3% |
| KEGX | Sell | KEY ENERGY SVCS INC DEL | $4,756,000 | -75.0% | 361,141 | -63.4% | 0.30% | -85.0% |
| CLDPQ | Exit | CLOUD PEAK ENERGY INC | $0 | – | -275,000 | – | -0.10% | – |
| BCEI | Exit | BONANZA CREEK ENERGY INC | $0 | – | -75,469 | – | -0.26% | – |
| CZR | Exit | CAESARS ENTMT CORP | $0 | – | -1,846,500 | – | -2.37% | – |
| CJ | Exit | C&J ENERGY SVCS INC NEW | $0 | – | -670,763 | – | -2.46% | – |
| SPY | Exit | SPDR S&P 500 ETF TRtr unit | $0 | – | -145,000 | – | -3.74% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CPS | New | COOPER STD HLDGS INC | $142,672,000 | – | 1,414,413 | – | 15.24% | – |
| NPO | New | ENPRO INDS INC | $132,077,000 | – | 1,850,600 | – | 14.11% | – |
| BASX | New | BASIC ENERGY SVCS INC NEW | $121,603,000 | – | 4,883,649 | – | 12.99% | – |
| QCP | New | QUALITY CARE PPTYS INC | $93,216,000 | – | 5,091,000 | – | 9.96% | – |
| ALLY | New | ALLY FINL INC | $71,440,000 | – | 3,418,200 | – | 7.63% | – |
| CARS | New | CARS COM INC | $62,341,000 | – | 2,341,000 | – | 6.66% | – |
| PHH | New | PHH CORP | $61,572,000 | – | 4,471,432 | – | 6.58% | – |
| SPY | New | SPDR S&P 500 ETF TRtr unit | $35,061,000 | – | 145,000 | – | 3.74% | – |
| ADNT | New | ADIENT PLC | $29,748,000 | – | 455,000 | – | 3.18% | – |
| AIGWS | New | AMERICAN INTL GROUP INCw exp 01/19/202 | $29,090,000 | – | 1,380,000 | – | 3.11% | – |
| PVAC | New | PENN VA CORP NEW | $27,299,000 | – | 742,837 | – | 2.92% | – |
| IWM | New | ISHARES TRrussell 2000 etf | $26,493,000 | – | 188,000 | – | 2.83% | – |
| CJ | New | C&J ENERGY SVCS INC NEW | $22,987,000 | – | 670,763 | – | 2.46% | – |
| CZR | New | CAESARS ENTMT CORP | $22,158,000 | – | 1,846,500 | – | 2.37% | – |
| KEGX | New | KEY ENERGY SVCS INC DEL | $18,989,000 | – | 986,941 | – | 2.03% | – |
| CACQ | New | CAESARS ACQUISITION COcl a | $16,723,000 | – | 877,843 | – | 1.79% | – |
| HCC | New | WARRIOR MET COAL INC | $14,495,000 | – | 846,150 | – | 1.55% | – |
| QHCCQ | New | QUORUM HEALTH CORP | $4,843,000 | – | 1,167,000 | – | 0.52% | – |
| BCEI | New | BONANZA CREEK ENERGY INC | $2,393,000 | – | 75,469 | – | 0.26% | – |
| CLDPQ | New | CLOUD PEAK ENERGY INC | $971,000 | – | 275,000 | – | 0.10% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| HCACW | Exit | HENNESSY CAP ACQUISITION CORw exp 07/28/202 | $0 | – | -14,234 | – | -0.00% | – |
| VRS | Exit | VERSO CORPcl a | $0 | – | -651,446 | – | -0.63% | – |
| LEE | Exit | LEE ENTERPRISES INC | $0 | – | -1,163,564 | – | -0.65% | – |
| KDMN | Exit | KADMON HLDGS INC | $0 | – | -996,197 | – | -1.09% | – |
| CACQ | Exit | CAESARS ACQUISITION COcl a | $0 | – | -767,500 | – | -1.42% | – |
| CZR | Exit | CAESARS ENTMT CORP | $0 | – | -1,700,000 | – | -1.89% | – |
| BLD | Exit | TOPBUILD CORP | $0 | – | -451,700 | – | -2.24% | – |
| TVPT | Exit | TRAVELPORT WORLDWIDE LTD | $0 | – | -2,137,830 | – | -4.80% | – |
| AIGWS | Exit | AMERICAN INTL GROUP INCw exp 01/19/202 | $0 | – | -1,687,000 | – | -5.32% | – |
| ALLY | Exit | ALLY FINL INC | $0 | – | -1,875,000 | – | -5.46% | – |
| PHH | Exit | PHH CORP | $0 | – | -4,407,500 | – | -9.52% | – |
| NPO | Exit | ENPRO INDS INC | $0 | – | -1,610,000 | – | -13.67% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -1,554,000 | – | -13.78% | – |
| CPS | Exit | COOPER STD HLDGS INC | $0 | – | -2,676,200 | – | -39.52% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CPS | Sell | COOPER STD HLDGS INC | $264,409,000 | -7.9% | 2,676,200 | -25.4% | 39.52% | +21.8% |
| AIG | Sell | AMERICAN INTL GROUP INC | $92,214,000 | -18.6% | 1,554,000 | -27.5% | 13.78% | +7.7% |
| PHH | Buy | PHH CORP | $63,688,000 | +19.5% | 4,407,500 | +10.2% | 9.52% | +58.1% |
| ALLY | Sell | ALLY FINL INC | $36,506,000 | +1.8% | 1,875,000 | -10.7% | 5.46% | +34.7% |
| AIGWS | Sell | AMERICAN INTL GROUP INCw exp 01/19/202 | $35,596,000 | +15.4% | 1,687,000 | -2.9% | 5.32% | +52.6% |
| TVPT | Sell | TRAVELPORT WORLDWIDE LTD | $32,132,000 | +3.2% | 2,137,830 | -11.5% | 4.80% | +36.5% |
| BLD | Sell | TOPBUILD CORP | $14,996,000 | -63.3% | 451,700 | -60.0% | 2.24% | -51.4% |
| CZR | Sell | CAESARS ENTMT CORP | $12,665,000 | -53.2% | 1,700,000 | -51.7% | 1.89% | -38.1% |
| CACQ | Sell | CAESARS ACQUISITION COcl a | $9,532,000 | -12.2% | 767,500 | -20.7% | 1.42% | +16.1% |
| KDMN | New | KADMON HLDGS INC | $7,312,000 | – | 996,197 | – | 1.09% | – |
| LEE | Sell | LEE ENTERPRISES INC | $4,363,000 | +81.6% | 1,163,564 | -7.5% | 0.65% | +140.6% |
| VRS | New | VERSO CORPcl a | $4,202,000 | – | 651,446 | – | 0.63% | – |
| HCACW | Sell | HENNESSY CAP ACQUISITION CORw exp 07/28/202 | $6,000 | -96.8% | 14,234 | -95.2% | 0.00% | -95.2% |
| GLBL | Exit | TERRAFORM GLOBAL INCcl a | $0 | – | -2,130,000 | – | -0.78% | – |
| VRX | Exit | VALEANT PHARMACEUTICALS INTL | $0 | – | -435,000 | – | -0.99% | – |
| DYN | Exit | DYNEGY INC NEW DEL | $0 | – | -1,819,600 | – | -3.54% | – |
| NTK | Exit | NORTEK INC | $0 | – | -885,000 | – | -5.93% | – |
| Exit | DEERE & COput | $0 | – | -1,000,000 | – | -9.16% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CPS | New | COOPER STD HLDGS INC | $287,173,000 | – | 3,585,562 | – | 32.45% | – |
| AIG | New | AMERICAN INTL GROUP INC | $113,290,000 | – | 2,142,000 | – | 12.80% | – |
| New | DEERE & COput | $81,040,000 | – | 1,000,000 | – | 9.16% | – | |
| NPO | New | ENPRO INDS INC | $71,468,000 | – | 1,610,000 | – | 8.08% | – |
| PHH | New | PHH CORP | $53,280,000 | – | 4,000,000 | – | 6.02% | – |
| NTK | New | NORTEK INC | $52,489,000 | – | 885,000 | – | 5.93% | – |
| BLD | New | TOPBUILD CORP | $40,834,000 | – | 1,128,000 | – | 4.61% | – |
| ALLY | New | ALLY FINL INC | $35,847,000 | – | 2,100,000 | – | 4.05% | – |
| DYN | New | DYNEGY INC NEW DEL | $31,370,000 | – | 1,819,600 | – | 3.54% | – |
| TVPT | New | TRAVELPORT WORLDWIDE LTD | $31,129,000 | – | 2,415,000 | – | 3.52% | – |
| AIGWS | New | AMERICAN INTL GROUP INCw exp 01/19/202 | $30,849,000 | – | 1,737,000 | – | 3.49% | – |
| CZR | New | CAESARS ENTMT CORP | $27,069,000 | – | 3,520,000 | – | 3.06% | – |
| CACQ | New | CAESARS ACQUISITION COcl a | $10,855,000 | – | 967,500 | – | 1.23% | – |
| VRX | New | VALEANT PHARMACEUTICALS INTL | $8,761,000 | – | 435,000 | – | 0.99% | – |
| GLBL | New | TERRAFORM GLOBAL INCcl a | $6,944,000 | – | 2,130,000 | – | 0.78% | – |
| LEE | New | LEE ENTERPRISES INC | $2,402,000 | – | 1,257,564 | – | 0.27% | – |
| HCACW | New | HENNESSY CAP ACQUISITION CORw exp 07/28/202 | $186,000 | – | 296,000 | – | 0.02% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CACQ | Exit | CAESARS ACQUISITION COcl a | $0 | – | -75,300 | – | -0.07% | – |
| GNK | Exit | GENCO SHIPPING & TRADING LTD | $0 | – | -508,000 | – | -0.26% | – |
| Exit | ISHARES TRput | $0 | – | -3,155 | – | -0.38% | – | |
| IRS | Exit | IRSA INVERSIONES Y REP S Aglobl dep rcpt | $0 | – | -335,000 | – | -0.63% | – |
| CZR | Exit | CAESARS ENTMT CORP | $0 | – | -960,000 | – | -0.73% | – |
| LEE | Exit | LEE ENTERPRISES INC | $0 | – | -3,111,500 | – | -0.83% | – |
| GTN | Exit | GRAY TELEVISION INC | $0 | – | -785,000 | – | -1.29% | – |
| DAN | Exit | DANA HLDG CORP | $0 | – | -825,000 | – | -1.68% | – |
| TVPT | Exit | TRAVELPORT WORLDWIDE LTD | $0 | – | -1,712,214 | – | -2.91% | – |
| TLN | Exit | TALEN ENERGY CORP | $0 | – | -2,725,000 | – | -3.54% | – |
| AIGWS | Exit | AMERICAN INTL GROUP INCw exp 01/19/202 | $0 | – | -1,213,300 | – | -3.54% | – |
| BKS | Exit | BARNES & NOBLE INC | $0 | – | -2,560,000 | – | -3.98% | – |
| DYN | Exit | DYNEGY INC | $0 | – | -1,790,000 | – | -4.75% | – |
| NTK | Exit | NORTEK INC | $0 | – | -740,500 | – | -6.02% | – |
| NPO | Exit | ENPRO INDS INC | $0 | – | -1,410,000 | – | -7.10% | – |
| BLD | Exit | TOPBUILD CORP | $0 | – | -2,170,000 | – | -8.63% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -2,545,000 | – | -18.58% | – |
| CPS | Exit | COOPER STD HLDGS INC | $0 | – | -4,710,452 | – | -35.10% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AIG | Sell | AMERICAN INTL GROUP INC | $144,607,000 | -13.5% | 2,545,000 | -5.9% | 18.58% | +1.9% |
| BLD | New | TOPBUILD CORP | $67,205,000 | – | 2,170,000 | – | 8.63% | – |
| NPO | Buy | ENPRO INDS INC | $55,230,000 | -21.2% | 1,410,000 | +15.1% | 7.10% | -7.2% |
| NTK | Buy | NORTEK INC | $46,881,000 | -21.7% | 740,500 | +2.8% | 6.02% | -7.7% |
| DYN | Buy | DYNEGY INC | $36,999,000 | +6.7% | 1,790,000 | +51.1% | 4.75% | +25.8% |
| BKS | Buy | BARNES & NOBLE INC | $31,002,000 | -21.6% | 2,560,000 | +68.1% | 3.98% | -7.6% |
| AIGWS | Buy | AMERICAN INTL GROUP INCw exp 01/19/202 | $27,554,000 | -16.4% | 1,213,300 | +1.7% | 3.54% | -1.5% |
| DAN | Sell | DANA HLDG CORP | $13,101,000 | -73.6% | 825,000 | -65.8% | 1.68% | -68.9% |
| GTN | Sell | GRAY TELEVISION INC | $10,017,000 | -65.5% | 785,000 | -57.6% | 1.29% | -59.3% |
| LEE | Sell | LEE ENTERPRISES INC | $6,472,000 | -42.4% | 3,111,500 | -7.8% | 0.83% | -32.2% |
| CZR | New | CAESARS ENTMT CORP | $5,654,000 | – | 960,000 | – | 0.73% | – |
| Sell | ISHARES TRput | $2,937,000 | +25.0% | 3,155 | -58.2% | 0.38% | +47.3% | |
| GNK | New | GENCO SHIPPING & TRADING LTD | $1,986,000 | – | 508,000 | – | 0.26% | – |
| CACQ | New | CAESARS ACQUISITION COcl a | $535,000 | – | 75,300 | – | 0.07% | – |
| MHRCQ | Exit | MAGNUM HUNTER RES CORP DEL | $0 | – | -850,000 | – | -0.17% | – |
| PDVW | Exit | PACIFIC DATAVISION INC | $0 | – | -207,100 | – | -0.95% | – |
| PNK | Exit | PINNACLE ENTMT INC | $0 | – | -513,000 | – | -2.08% | – |
| ETFC | Exit | E TRADE FINANCIAL CORP | $0 | – | -850,000 | – | -2.78% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CPS | New | COOPER STD HLDGS INC | $289,551,000 | – | 4,710,452 | – | 31.56% | – |
| AIG | New | AMERICAN INTL GROUP INC | $167,223,000 | – | 2,705,000 | – | 18.23% | – |
| NPO | New | ENPRO INDS INC | $70,112,000 | – | 1,225,300 | – | 7.64% | – |
| NTK | New | NORTEK INC | $59,854,000 | – | 720,000 | – | 6.52% | – |
| DAN | New | DANA HLDG CORP | $49,602,000 | – | 2,410,208 | – | 5.41% | – |
| TLN | New | TALEN ENERGY CORP | $46,761,000 | – | 2,725,000 | – | 5.10% | – |
| BKS | New | BARNES & NOBLE INC | $39,537,000 | – | 1,523,000 | – | 4.31% | – |
| DYN | New | DYNEGY INC NEW DEL | $34,661,000 | – | 1,185,000 | – | 3.78% | – |
| AIGWS | New | AMERICAN INTL GROUP INC*w exp 01/19/202 | $32,971,000 | – | 1,193,300 | – | 3.59% | – |
| GTN | New | GRAY TELEVISION INC | $29,008,000 | – | 1,850,000 | – | 3.16% | – |
| ETFC | New | E TRADE FINANCIAL CORP | $25,458,000 | – | 850,000 | – | 2.78% | – |
| TVPT | New | TRAVELPORT WORLDWIDE LTD | $23,594,000 | – | 1,712,214 | – | 2.57% | – |
| PNK | New | PINNACLE ENTMT INC | $19,125,000 | – | 513,000 | – | 2.08% | – |
| LEE | New | LEE ENTERPRISES INC | $11,239,000 | – | 3,375,000 | – | 1.22% | – |
| PDVW | New | PACIFIC DATAVISION INC | $8,725,000 | – | 207,100 | – | 0.95% | – |
| IRS | New | IRSA INVERSIONES Y REP S Aglobl dep rcpt | $6,013,000 | – | 335,000 | – | 0.66% | – |
| New | ISHARES TRput | $2,350,000 | – | 7,555 | – | 0.26% | – | |
| MHRCQ | New | MAGNUM HUNTER RES CORP DEL | $1,590,000 | – | 850,000 | – | 0.17% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DSU | Exit | BLACKROCK DEBT STRAT FD INC | $0 | – | -17,951 | – | -0.01% | – |
| CCS | Exit | CENTURY CMNTYS INC | $0 | – | -25,000 | – | -0.04% | – |
| EBSB | Exit | MERIDIAN BANCORP INC MD | $0 | – | -50,488 | – | -0.05% | – |
| SRCTQ | Exit | STANDARD REGISTER CO | $0 | – | -1,602,626 | – | -0.77% | – |
| COFWS | Exit | CAPITAL ONE FINL CORP*w exp 11/14/201 | $0 | – | -250,200 | – | -0.93% | – |
| AAL | Exit | AMERICAN AIRLS GROUP INC | $0 | – | -283,348 | – | -0.94% | – |
| Exit | SPDR S&P 500 ETF TRput | $0 | – | -35,500 | – | -0.98% | – | |
| UAL | Exit | UNITED CONTL HLDGS INC | $0 | – | -225,033 | – | -0.98% | – |
| LEE | Exit | LEE ENTERPRISES INC | $0 | – | -3,375,000 | – | -1.06% | – |
| JPMWS | Exit | JPMORGAN CHASE & CO*w exp 10/28/201 | $0 | – | -640,000 | – | -1.20% | – |
| GTN | Exit | GRAY TELEVISION INC | $0 | – | -1,703,000 | – | -1.25% | – |
| MIG | Exit | MEADOWBROOK INS GROUP INC | $0 | – | -2,495,000 | – | -1.36% | – |
| DAL | Exit | DELTA AIR LINES INC DEL | $0 | – | -450,000 | – | -1.52% | – |
| DYN | Exit | DYNEGY INC NEW DEL | $0 | – | -575,000 | – | -1.55% | – |
| AIGWS | Exit | AMERICAN INTL GROUP INC*w exp 01/19/202 | $0 | – | -901,264 | – | -2.00% | – |
| TVPT | Exit | TRAVELPORT WORLDWIDE LTD | $0 | – | -2,009,213 | – | -3.09% | – |
| ETFC | Exit | E TRADE FINANCIAL CORP | $0 | – | -1,975,000 | – | -4.16% | – |
| NTK | Exit | NORTEK INC | $0 | – | -708,700 | – | -4.93% | – |
| NPO | Exit | ENPRO INDS INC | $0 | – | -985,000 | – | -5.57% | – |
| DAN | Exit | DANA HLDG CORP | $0 | – | -6,468,347 | – | -11.58% | – |
| CPS | Exit | COOPER STD HLDGS INC | $0 | – | -4,710,452 | – | -27.44% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -5,669,961 | – | -28.59% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AIG | Sell | AMERICAN INTL GROUP INC | $306,291,000 | -15.4% | 5,669,961 | -14.6% | 28.59% | -8.3% |
| DAN | Buy | DANA HLDG CORP | $123,998,000 | +1419.8% | 6,468,347 | +1835.9% | 11.58% | +1548.9% |
| NPO | Buy | ENPRO INDS INC | $59,622,000 | -0.6% | 985,000 | +20.1% | 5.57% | +7.8% |
| NTK | Buy | NORTEK INC | $52,798,000 | +6.9% | 708,700 | +28.9% | 4.93% | +16.0% |
| TVPT | New | TRAVELPORT WORLDWIDE LTD | $33,072,000 | – | 2,009,213 | – | 3.09% | – |
| AIGWS | Sell | AMERICAN INTL GROUP INC*w exp 01/19/202 | $21,454,000 | -26.1% | 901,264 | -18.6% | 2.00% | -19.9% |
| DYN | New | DYNEGY INC NEW DEL | $16,595,000 | – | 575,000 | – | 1.55% | – |
| DAL | Sell | DELTA AIR LINES INC DEL | $16,268,000 | -18.4% | 450,000 | -12.6% | 1.52% | -11.5% |
| MIG | Buy | MEADOWBROOK INS GROUP INC | $14,596,000 | +11.6% | 2,495,000 | +37.1% | 1.36% | +21.0% |
| GTN | Buy | GRAY TELEVISION INC | $13,420,000 | -0.3% | 1,703,000 | +66.1% | 1.25% | +8.2% |
| Buy | SPDR S&P 500 ETF TRput | $10,515,000 | +304.7% | 35,500 | +186.3% | 0.98% | +338.4% | |
| AAL | Sell | AMERICAN AIRLS GROUP INC | $10,053,000 | -74.2% | 283,348 | -68.8% | 0.94% | -72.1% |
| SRCTQ | Sell | STANDARD REGISTER CO | $8,221,000 | -10.3% | 1,602,626 | -1.3% | 0.77% | -2.7% |
| EBSB | New | MERIDIAN BANCORP INC MD | $533,000 | – | 50,488 | – | 0.05% | – |
| CCS | New | CENTURY CMNTYS INC | $434,000 | – | 25,000 | – | 0.04% | – |
| GMWSB | Exit | GENERAL MTRS CO*w exp 07/10/201 | $0 | – | -425,000 | – | -0.68% | – |
| ISBC | Exit | INVESTORS BANCORP INC NEW | $0 | – | -1,500,948 | – | -1.43% | – |
| ALLY | Exit | ALLY FINL INC | $0 | – | -1,224,500 | – | -2.52% | – |
| GM | Exit | GENERAL MTRS CO | $0 | – | -1,311,002 | – | -4.10% | – |
| CNP | Exit | CENTERPOINT ENERGY INC | $0 | – | -2,125,000 | – | -4.67% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AIG | New | AMERICAN INTL GROUP INC | $362,189,000 | – | 6,635,924 | – | 31.17% | – |
| CPS | New | COOPER STD HLDGS INC | $311,644,000 | – | 4,710,452 | – | 26.82% | – |
| NPO | New | ENPRO INDS INC | $59,991,000 | – | 820,000 | – | 5.16% | – |
| CNP | New | CENTERPOINT ENERGY INC | $54,273,000 | – | 2,125,000 | – | 4.67% | – |
| NTK | New | NORTEK INC | $49,368,000 | – | 550,000 | – | 4.25% | – |
| GM | New | GENERAL MTRS CO | $47,589,000 | – | 1,311,002 | – | 4.10% | – |
| ETFC | New | E TRADE FINANCIAL CORP | $41,989,000 | – | 1,975,000 | – | 3.61% | – |
| AAL | New | AMERICAN AIRLS GROUP INC | $39,023,000 | – | 908,348 | – | 3.36% | – |
| ALLY | New | ALLY FINL INC | $29,278,000 | – | 1,224,500 | – | 2.52% | – |
| AIGWS | New | AMERICAN INTL GROUP INC*w exp 01/19/202 | $29,048,000 | – | 1,107,864 | – | 2.50% | – |
| DAL | New | DELTA AIR LINES INC DEL | $19,941,000 | – | 515,000 | – | 1.72% | – |
| ISBC | New | INVESTORS BANCORP INC NEW | $16,585,000 | – | 1,500,948 | – | 1.43% | – |
| LEE | New | LEE ENTERPRISES INC | $15,019,000 | – | 3,375,000 | – | 1.29% | – |
| GTN | New | GRAY TELEVISION INC | $13,458,000 | – | 1,025,000 | – | 1.16% | – |
| MIG | New | MEADOWBROOK INS GROUP INC | $13,081,000 | – | 1,819,300 | – | 1.13% | – |
| JPMWS | New | JPMORGAN CHASE & CO*w exp 10/28/201 | $12,371,000 | – | 640,000 | – | 1.06% | – |
| COFWS | New | CAPITAL ONE FINL CORP*w exp 11/14/201 | $10,128,000 | – | 250,200 | – | 0.87% | – |
| UAL | New | UNITED CONTL HLDGS INC | $9,242,000 | – | 225,033 | – | 0.80% | – |
| SRCTQ | New | STANDARD REGISTER CO | $9,161,000 | – | 1,624,226 | – | 0.79% | – |
| DAN | New | DANA HLDG CORP | $8,159,000 | – | 334,125 | – | 0.70% | – |
| GMWSB | New | GENERAL MTRS CO*w exp 07/10/201 | $7,884,000 | – | 425,000 | – | 0.68% | – |
| New | SPDR S&P 500 ETF TRput | $2,598,000 | – | 12,400 | – | 0.22% | – | |
| DSU | New | BLACKROCK DEBT STRAT FD INC | $74,000 | – | 17,951 | – | 0.01% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VLT | Exit | INVESCO HIGH INCOME TR II | $0 | – | -10,000 | – | -0.02% | – |
| BWA | Exit | BORGWARNER INC | $0 | – | -3,028 | – | -0.03% | – |
| NHS | Exit | NEUBERGER BERMAN HGH YLD FD | $0 | – | -25,000 | – | -0.03% | – |
| AIF | Exit | APOLLO TACTICAL INCOME FD IN | $0 | – | -25,000 | – | -0.04% | – |
| CM | Exit | CDN IMPERIAL BK OF COMMERCE | $0 | – | -6,300 | – | -0.05% | – |
| HIO | Exit | WESTERN ASSET HIGH INCM OPP | $0 | – | -90,000 | – | -0.05% | – |
| COY | Exit | BLACKROCK CORPOR HIGH YLD FD | $0 | – | -75,000 | – | -0.05% | – |
| MHY | Exit | WESTERN ASSET MGD HI INCM FD | $0 | – | -100,000 | – | -0.06% | – |
| Exit | TOWER GROUP INCnote 5.000% 9/1 | $0 | – | -1,000,000 | – | -0.09% | – | |
| AMBCWS | Exit | AMBAC FINL GROUP INC*w exp 04/30/202 | $0 | – | -125,000 | – | -0.14% | – |
| MIG | Exit | MEADOWBROOK INS GROUP INC | $0 | – | -450,000 | – | -0.28% | – |
| WCIC | Exit | WCI CMNTYS INC | $0 | – | -210,881 | – | -0.35% | – |
| GTN | Exit | GRAY TELEVISION INC | $0 | – | -525,000 | – | -0.40% | – |
| TWGP | Exit | TOWER GROUP INTL LTD | $0 | – | -658,000 | – | -0.44% | – |
| Exit | SPDR S&P 500 ETF TRput | $0 | – | -24,400 | – | -0.62% | – | |
| NXST | Exit | NEXSTAR BROADCASTING GROUP Icl a | $0 | – | -160,000 | – | -0.68% | – |
| COFWS | Exit | CAPITAL ONE FINL CORP*w exp 11/14/201 | $0 | – | -250,200 | – | -0.70% | – |
| GMWSB | Exit | GENERAL MTRS CO*w exp 07/10/201 | $0 | – | -425,000 | – | -0.76% | – |
| AMBC | Exit | AMBAC FINL GROUP INC | $0 | – | -550,037 | – | -0.96% | – |
| JPMWS | Exit | JPMORGAN CHASE & CO*w exp 10/28/201 | $0 | – | -640,000 | – | -1.03% | – |
| SXC | Exit | SUNCOKE ENERGY INC | $0 | – | -642,683 | – | -1.05% | – |
| NWSA | Exit | NEWS CORP NEWcl a | $0 | – | -950,000 | – | -1.47% | – |
| VG | Exit | VONAGE HLDGS CORP | $0 | – | -6,069,900 | – | -1.83% | – |
| AIGWS | Exit | AMERICAN INTL GROUP INC*w exp 01/19/202 | $0 | – | -1,107,864 | – | -2.02% | – |
| DAN | Exit | DANA HLDG CORP | $0 | – | -957,696 | – | -2.10% | – |
| GM | Exit | GENERAL MTRS CO | $0 | – | -911,002 | – | -3.15% | – |
| DOOR | Exit | MASONITE INTL CORP NEW | $0 | – | -818,847 | – | -3.85% | – |
| VC | Exit | VISTEON CORP | $0 | – | -690,779 | – | -5.03% | – |
| ETFC | Exit | E TRADE FINANCIAL CORP | $0 | – | -4,350,000 | – | -6.90% | – |
| SPY | Exit | SPDR S&P 500 ETF TRtr unit | $0 | – | -578,999 | – | -9.36% | – |
| 3106PS | Exit | DELPHI AUTOMOTIVE PLC | $0 | – | -3,935,420 | – | -22.12% | – |
| AIG | Exit | AMERICAN INTL GROUP INC | $0 | – | -7,338,400 | – | -34.33% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AIG | Sell | AMERICAN INTL GROUP INC | $356,866,000 | -0.1% | 7,338,400 | -8.1% | 34.33% | -6.7% |
| 3106PS | Sell | DELPHI AUTOMOTIVE PLC | $229,907,000 | -16.9% | 3,935,420 | -27.9% | 22.12% | -22.4% |
| SPY | New | SPDR S&P 500 ETF TRtr unit | $97,330,000 | – | 578,999 | – | 9.36% | – |
| VC | Sell | VISTEON CORP | $52,251,000 | -37.4% | 690,779 | -47.7% | 5.03% | -41.5% |
| DOOR | New | MASONITE INTL CORP NEW | $40,066,000 | – | 818,847 | – | 3.85% | – |
| DAN | Sell | DANA HLDG CORP | $21,874,000 | -51.0% | 957,696 | -58.7% | 2.10% | -54.3% |
| VG | Sell | VONAGE HLDGS CORP | $19,059,000 | -6.4% | 6,069,900 | -15.7% | 1.83% | -12.6% |
| NWSA | New | NEWS CORP NEWcl a | $15,257,000 | – | 950,000 | – | 1.47% | – |
| AMBC | Sell | AMBAC FINL GROUP INC | $9,978,000 | -48.3% | 550,037 | -32.1% | 0.96% | -51.7% |
| NXST | Sell | NEXSTAR BROADCASTING GROUP Icl a | $7,121,000 | -69.1% | 160,000 | -75.4% | 0.68% | -71.1% |
| New | SPDR S&P 500 ETF TRput | $6,441,000 | – | 24,400 | – | 0.62% | – | |
| TWGP | New | TOWER GROUP INTL LTD | $4,606,000 | – | 658,000 | – | 0.44% | – |
| WCIC | New | WCI CMNTYS INC | $3,640,000 | – | 210,881 | – | 0.35% | – |
| MIG | New | MEADOWBROOK INS GROUP INC | $2,925,000 | – | 450,000 | – | 0.28% | – |
| New | TOWER GROUP INCnote 5.000% 9/1 | $905,000 | – | 1,000,000 | – | 0.09% | – | |
| BWA | New | BORGWARNER INC | $307,000 | – | 3,028 | – | 0.03% | – |
| Exit | SPDR S&P 500 ETF TRcall | $0 | – | -42,000 | – | -0.03% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AIG | New | AMERICAN INTL GROUP INC | $357,081,000 | – | 7,988,400 | – | 36.78% | – |
| 3106PS | New | DELPHI AUTOMOTIVE PLC | $276,789,000 | – | 5,460,420 | – | 28.51% | – |
| VC | New | VISTEON CORP | $83,416,000 | – | 1,321,540 | – | 8.59% | – |
| ETFC | New | E TRADE FINANCIAL CORP | $55,071,000 | – | 4,350,000 | – | 5.67% | – |
| DAN | New | DANA HLDG CORP | $44,672,000 | – | 2,319,396 | – | 4.60% | – |
| GM | New | GENERAL MTRS CO | $30,345,000 | – | 911,002 | – | 3.12% | – |
| NXST | New | NEXSTAR BROADCASTING GROUP Icl a | $23,049,000 | – | 650,000 | – | 2.37% | – |
| VG | New | VONAGE HLDGS CORP | $20,367,000 | – | 7,196,900 | – | 2.10% | – |
| AIGWS | New | AMERICAN INTL GROUP INC*w exp 01/19/202 | $20,207,000 | – | 1,107,864 | – | 2.08% | – |
| AMBC | New | AMBAC FINL GROUP INC | $19,294,000 | – | 809,668 | – | 1.99% | – |
| JPMWS | New | JPMORGAN CHASE & CO*w exp 10/28/201 | $9,984,000 | – | 640,000 | – | 1.03% | – |
| SXC | New | SUNCOKE ENERGY INC | $9,010,000 | – | 642,683 | – | 0.93% | – |
| GMWSB | New | GENERAL MTRS CO*w exp 07/10/201 | $6,949,000 | – | 425,000 | – | 0.72% | – |
| COFWS | New | CAPITAL ONE FINL CORP*w exp 11/14/201 | $6,062,000 | – | 250,200 | – | 0.62% | – |
| GTN | New | GRAY TELEVISION INC | $3,780,000 | – | 525,000 | – | 0.39% | – |
| AMBCWS | New | AMBAC FINL GROUP INC*w exp 04/30/202 | $1,525,000 | – | 125,000 | – | 0.16% | – |
| MHY | New | WESTERN ASSET MGD HI INCM FD | $584,000 | – | 100,000 | – | 0.06% | – |
| COY | New | BLACKROCK CORPOR HIGH YLD FD | $547,000 | – | 75,000 | – | 0.06% | – |
| HIO | New | WESTERN ASSET HIGH INCM OPP | $535,000 | – | 90,000 | – | 0.06% | – |
| AIF | New | APOLLO TACTICAL INCOME FD IN | $452,000 | – | 25,000 | – | 0.05% | – |
| CM | New | CDN IMPERIAL BK OF COMMERCE | $447,000 | – | 6,300 | – | 0.05% | – |
| NHS | New | NEUBERGER BERMAN HGH YLD FD | $321,000 | – | 25,000 | – | 0.03% | – |
| New | SPDR S&P 500 ETF TRcall | $304,000 | – | 42,000 | – | 0.03% | – | |
| VLT | New | INVESCO HIGH INCOME TR II | $159,000 | – | 10,000 | – | 0.02% | – |