$388 Million is the total value of Varde Management, L.P.'s 18 reported holdings in Q2 2022. The portfolio turnover from Q1 2022 to Q2 2022 was 71.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VICI | VICI Pptys Inc | $92,754,000 | +4.7% | 3,113,586 | 0.0% | 23.91% | +3.2% | |
| Sell | IQIYI Incnote 4.000% 12/15/26 | $61,434,000 | -11.5% | 92,320,000 | -10.6% | 15.83% | -12.8% | |
| Buy | VNET Group Incnote 0.000% 02/01/26 | $55,979,000 | +28.2% | 68,663,000 | +20.5% | 14.43% | +26.3% | |
| Nio Incnote 0.500% 02/01/27 | $41,250,000 | -7.4% | 55,277,000 | 0.0% | 10.63% | -8.7% | ||
| OMF | OneMain Hlgs Inc | $36,992,000 | -21.2% | 989,624 | 0.0% | 9.53% | -22.3% | |
| Sell | IQIYI Incnote 2.000% 04/01/25 | $20,271,000 | -11.9% | 25,200,000 | -16.0% | 5.22% | -13.1% | |
| Buy | Carnival Corpput | $17,996,000 | +1205.0% | 193,500 | +303.9% | 4.64% | +1184.8% | |
| Ashford Hospitality Tr Inc | $14,556,000 | -41.4% | 2,434,064 | 0.0% | 3.75% | -42.2% | ||
| MTH | New | Meritage Homes Corp | $12,927,000 | – | 178,300 | +100.0% | 3.33% | – |
| KBH | New | KB Home | $9,104,000 | – | 319,891 | +100.0% | 2.35% | – |
| TPH | New | Tri Pointe Homes Inc | $8,739,000 | – | 518,000 | +100.0% | 2.25% | – |
| Buy | Norwegian Cruise Line Holdings Ltdput | $3,438,000 | +694.0% | 66,113 | +116.6% | 0.89% | +684.1% | |
| MDC | New | M D C Hldgs Inc | $3,181,000 | – | 98,456 | +100.0% | 0.82% | – |
| Sell | American Airls Group Incput | $2,864,000 | +1098.3% | 45,455 | -48.2% | 0.74% | +1090.3% | |
| CCS | New | Century Cmntys Inc | $2,587,000 | – | 57,534 | +100.0% | 0.67% | – |
| Nio Incnote 0.000% 02/01/26 | $1,680,000 | -0.1% | 2,000,000 | 0.0% | 0.43% | -1.6% | ||
| New | Royal Caribbean Groupput | $1,132,000 | – | 11,793 | +100.0% | 0.29% | – | |
| New | United Airls Hldgs Incput | $1,106,000 | – | 11,640 | +100.0% | 0.28% | – | |
| Exit | Bausch Health Cos Incput | $0 | – | -9,760 | -100.0% | -0.18% | – | |
| Exit | Block Incnote 0.125% 03/01/25 | $0 | – | -10,000,000 | -100.0% | -3.44% | – | |
| Exit | Pinduoduo Incnote 0.000% 12/01/25 | $0 | – | -27,250,000 | -100.0% | -6.24% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-08-09
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| OneMain Hlgs Inc | 9 | Q3 2023 | 93.0% |
| VICI Pptys Inc | 8 | Q3 2023 | 33.3% |
| Ashford Hospitality Tr Inc | 8 | Q3 2023 | 7.8% |
| Nio Inc | 7 | Q3 2023 | 22.0% |
| ROYAL BK SCOTLAND GROUP PLC | 6 | Q3 2015 | 56.8% |
| VNET Group Inc | 6 | Q3 2023 | 43.6% |
| COMMUNITYONE BANCORP | 6 | Q3 2015 | 12.4% |
| ALLY FINL INC | 5 | Q3 2015 | 35.4% |
| WESTERN COPPER & GOLD CORP | 5 | Q1 2019 | 100.0% |
| IQIYI Inc | 5 | Q4 2022 | 24.2% |
View Varde Management, L.P.'s complete holdings history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-13 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-12 |
| 13F-HR | 2023-02-13 |
| 13F-HR | 2022-11-09 |
| 13F-HR | 2022-08-09 |
| 13F-HR | 2022-05-16 |
| 13F-HR | 2022-02-09 |
| 13F-HR/A | 2019-05-16 |
View Varde Management, L.P.'s complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.