$242 Million is the total value of Varde Management, L.P.'s 11 reported holdings in Q4 2022. The portfolio turnover from Q3 2022 to Q4 2022 was 100.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IQIYI Incnote 4.000% 12/15/26 | $57,007,600 | -7.3% | 92,320,000 | 0.0% | 23.54% | +32.8% | ||
| New | VNET Group Incnote 0.000% 02/01/26 | $56,257,100 | – | 68,663,000 | +100.0% | 23.23% | – | |
| VICI | Sell | VICI Pptys Inc | $33,995,376 | -63.4% | 1,049,240 | -66.3% | 14.04% | -47.6% |
| OMF | OneMain Hlgs Inc | $32,964,375 | +12.8% | 989,624 | 0.0% | 13.61% | +61.7% | |
| Sell | Nio Incnote 0.500% 02/01/27 | $28,928,640 | -31.3% | 38,064,000 | -31.1% | 11.95% | -1.5% | |
| New | Seadrill 2021 Ltd | $19,740,591 | – | 607,000 | +100.0% | 8.15% | – | |
| Ashford Hospitality Tr Inc | $9,728,745 | -34.4% | 2,176,453 | 0.0% | 4.02% | -5.9% | ||
| New | Carnival Corpput | $3,326,362 | – | 127,937 | +100.0% | 1.37% | – | |
| New | Norwegian Cruise Line Hldg Lput | $187,268 | – | 31,937 | +100.0% | 0.08% | – | |
| New | Royal Caribbean Groupput | $24,588 | – | 2,732 | +100.0% | 0.01% | – | |
| Exit | Nio Incnote 0.000% 02/01/26 | $0 | – | -2,000,000 | -100.0% | -0.50% | – | |
| CCS | Exit | Century Cmntys Inc | $0 | – | -57,534 | -100.0% | -0.71% | – |
| MDC | Exit | M D C Hldgs Inc | $0 | – | -98,456 | -100.0% | -0.78% | – |
| Exit | Carnival Corpput | $0 | – | -52,320 | -100.0% | -1.67% | – | |
| Exit | IQIYI Incnote 2.000% 04/01/25 | $0 | – | -8,700,000 | -100.0% | -2.19% | – | |
| TPH | Exit | Tri Pointe Homes Inc | $0 | – | -518,000 | -100.0% | -2.26% | – |
| MTH | Exit | Meritage Homes Corp | $0 | – | -137,600 | -100.0% | -2.79% | – |
| KBH | Exit | KB Home | $0 | – | -428,891 | -100.0% | -3.20% | – |
| Exit | VNET Group Incnote 0.000% 02/01/26 | $0 | – | -68,663,000 | -100.0% | -16.57% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-02-13
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.