BRIGADE CAPITAL MANAGEMENT, LP
Follow13F filer, CIK 1421306, NEW YORK, NY
BRIGADE CAPITAL MANAGEMENT, LP reported $458,925,303 across 15 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 96.74% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-24-006712
- Period
- 2024-09-30
- Reported value
- $459M
- Holdings
- 15
- Top 10 weight
- 96.74%
- New
- 3
- Sold out
- 5
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| LQDnew | +512,500 | $57.9M |
| EXEnew | +77,120 | $6.34M |
| Mnew | +256,000 | $4.02M |
| ECVTadded | +385,000 | $2.64M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| PENNreduced | -161,995 | -$3.05M |
| LUMNexited | -2,000,000 | -$2.2M |
| GFRreduced | -178,521 | -$1.33M |
| VISNexited | -777,000 | -$956K |
| VSTreduced | -2,309 | -$274K |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2024
Share positions as resolved from 13F-HR 0000919574-24-006712, largest first. % of portfolio is the value over $176,352,303, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| LQDISHARES TR | 512,500 | $57.9M | 32.84% | new | Timeline | ||
| GFRGREENFIRE RES LTD NEW | 5,092,694 | $37.9M | 21.51% | -178,521 | Timeline | ||
| ECVTECOVYST INC | 1,427,000 | $9.79M | 5.55% | +385,000 | Timeline | ||
| MLCOMELCO RESORTS AND ENTMNT LTD | 1,130,000 | $8.8M | 4.99% | 0 | Timeline | ||
| EXEEXPAND ENERGY CORPORATION | 77,120 | $6.34M | 3.59% | new | Timeline | ||
| PENNPENN ENTERTAINMENT INC | 288,005 | $5.43M | 3.08% | -161,995 | Timeline | ||
| XCCCBONDBLOXX ETF TRUST | 128,000 | $5.1M | 2.89% | 0 | Timeline | ||
| MMACYS INC | 256,000 | $4.02M | 2.28% | new | Timeline | ||
| VSTVISTRA CORP | 19,392 | $2.3M | 1.3% | -2,309 | Timeline | ||
| QURATE RETAIL INCQURATE RETAIL INC | 2,917,578 | $1.78M | 1.01% | 0 | |||
| DHCDIVERSIFIED HEALTHCARE TR | 400,000 | $1.68M | 0.95% | 0 | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| LIBERTY INTERACTIVE LLCLIBERTY INTERACTIVE LLC DEB 3.750% 2/1 | principal | 90,599,000 | $31.3M | -14,000,000 |
| LIBERTY INTERACTIVE LLCLIBERTY INTERACTIVE LLC DEB 4.000%11/1 | principal | 11,334,000 | $4.02M | -4,000,000 |
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| AG MTG INVT TR INCAG MTG INVT TR INC | 4,000,000 | $3.96M | principal |
| LIBERTY LATIN AMERICA LTDLIBERTY LATIN AMERICA LTD | 2,360,000 | $2.35M | principal |
| LUMNLUMEN TECHNOLOGIES INC | 2,000,000 | $2.2M | shares |
| TWO HARBORS INVENTMENT CORPOTWO HARBORS INVENTMENT CORPO | 1,325,000 | $1.28M | principal |
| VISNVISTANCE NETWORKS INC | 777,000 | $956K | shares |
How Q3 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0000919574-24-006712 | base | 2024-11-14 | acceptance time not in the bulk data set |